IT Asset Management Software Global Market Leading Players: IBM, Asset Panda, ServiceNow | Evolving Technology, Trends And Industry Analysis – 2023

Market Highlights:

Asset management is essential for an organization to maintain the cost of purchases of assets and to monitor their asset usage. The software which is used to monitor IT-related assets in an enterprise is referred to as IT asset management software. The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization.

The major factors that help in the growth of IT asset management software market are the growing need for improving the productivity of the organization by deploying advanced technology to meet the business needs. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management.

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Major key Players

Dell Inc. (US),
Microsoft Corporation (US),
IBM Corporation (US),
BMC Software Inc. (US),
HP Inc. (US),
ServiceNow, Inc. (US)
Oracle Corp (US)

According to MRFR, Global IT Asset Management Software Market is estimated to grow at a CAGR of 8% during the forecast period 2017-2023

Segments
For the Better understanding of this report the Global IT Asset Management Software Market has been segmented in to 3 key dynamics.
Segmentation By Types : Comprises Hardware Asset Management And Software Asset Management
Segmentation By Deployment: Comprises On-Premise IT Asset Management Software, Cloud-Based IT Asset Management Software and Hybrid IT Asset Management Software.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis
Currently North America is dominating the market of IT Asset Management Software Market with the largest market share due to support from the US and Canada as these countries are well developed. Europe stands as second position in prospect of market share due to the heavy industrialization in past couple of years in various countries that belongs to this region. IT Asset Management Software Market in Asia-Pacific has emerged as fastest growing market with a substantial CAGR and expected to reach to astronomical amounts by the end of forecasted period. Currently Asia-Pacific holds a considerable market share.

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Intended Audience
• Professional Service Provider
• Advisory firms
• Training Service Providers
• Support and Maintenance Service Providers
• Software Developers
• Procurement Managers
• Distribution Centers
• Manufacturing Companies

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