Exclusive Report on in IT Asset Management Market: Growth, Trends, Demand, Share, Analysis and Market Survey 2026 with Leading Players like: CA Technologies, IBM, Oracle, SolarWinds, BMC, Snow Software

The IT Asset Management market is expected to have a CAGR of more than +12% between the forecast period of 2019 and 2026. This report profiles cloud and on-premises providers of IT asset management software across a variety of industries.

Many industry organizations adopt and implement IT asset management (ITAM) software to manage and optimize IT assets, achieve higher business efficiencies, and significantly reduce costs. Increased implementation of technologically advanced and interconnected infrastructures has convinced organizations across the industry to adopt operational management techniques, asset management systems that help them gather more important data and information. Therefore, the increase in IoT adoption is expected to help the growth of the IT asset management market at a significant rate during the forecast period. Increasing investment to digitize the industry for regional economic development can increase the need for asset management and thus support the growth of the IT asset management (ITAM) market.

IT Asset Management is one of the top five IT service management processes companies adopt in 2018, according to HDI research. Survey respondents were technical support professionals in a variety of vertical industries across a variety of IT support topics. These results represent the level of awareness of the importance of IT Asset Management software.

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Top Key Players Are Including in This Report: CA Technologies, IBM, Oracle, SolarWinds, BMC, Snow Software, Livingstone, Agiloft, Axios, Cherwell, Eracent, Express Metrix, Freshservice, HP, Innotas, InvGate, iQuate, Kaseya, LabTech, Landesk, Provance, Samanage, ServiceNow, Symantec, SysAid, Vector Networks etc.

The market consists of large technology companies, such as IBM and CA technologies, which occupy the majority of IT asset management software users and deploy software in the cloud and on premises. There are also cloud-specific companies such as Freshworks Inc., SysAid Technology Ltd, and Cherwell Software.

A study showed that providing cloud-based solutions increased customer satisfaction by 28% in 2018 and 62% of B2B buyers expressed interest in purchasing SaaS technology. These metrics validate the potential of cloud-based solutions. Most technology conglomerates, such as Microsoft, IBM and CA Technologies, that are considering launching SaaS products starting in 2018. Other technology companies are expected to take the lead in considering the operational benefits provided by the SaaS-type business model. This demand from vendors in the IT asset management market demonstrates the huge market share of cloud-type deployments of IT asset management software in 2018.

In addition, global cloud-based IT infrastructure investment forecasts support the growth of IT asset management software. Given the flexibility provided by cloud-based infrastructure solutions, we anticipate that the company's asset tracking needs will increase and will provide a range of growth for the IT Asset Management software market.

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North America's technologically developed IT infrastructure has contributed significantly to the growth of the IT asset management market in 2018. The adoption rate in North America for IoT is 27%. This represents the market potential for effective IT asset management in your region. IT spending in this region is higher than in other regions and is consistent with projected economic growth in the region. Infrastructure software is expected to grow during the forecast period. Given the favorable IoT investment in this region, this ratio is expected to increase until the end of the forecast period.

The region has large technology companies such as IBM, Dell, Microsoft, BMC Software, HP, and Samanage. Key researchers in the IT asset management market include the US headquarters as well as Freshworks and Cherwell Software. Therefore, in addition to high IT and IOT-related investments, the region is estimated to have a major market share.

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Major Factors:

• Global IT Asset Management Market Overview
• Economic Impact on Market
• Market Competition
• Global IT Asset Management Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global IT Asset Management Market Effect, Factors, Analysis
• Global IT Asset Management Market Forecast

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