openPR Logo
Press release

IT Asset Management (ITAM) Software Market to Expand at CAGR of 6.9% during the forecast period from 2016 to 2024: Cloud-based ITAM Software Services Highly Lucrative Segment

01-15-2018 12:05 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

IT Asset Management (ITAM) Software Market to Expand at CAGR

IT Asset Management (ITAM) Software Market: Snapshot

The proliferation of smart device usage and the growing trend of bring-your-own-device (BYOD) in several leading telecom and IT companies have greatly influenced the IT asset management (ITAM) software market. ITAM software was initially preferred by large enterprises for the maintenance and reduction of risks associated with IT compliance and licensing management. Over time, these solutions have gained recognition among SMEs across the globe as an effective solution to balance spending with return on investments.

The ITAM software market is projected to reach a value of US$1.3 bn by 2024, rising from US$708.9 mn in 2015. The market is estimated to expand at a steady CAGR of 6.9% during the forecast period from 2016 to 2024.

Get the sample copy of this report : https://www.marketresearchreports.biz/sample/sample/816208

The research report on IT asset management (ITAM) software market provides a detailed analysis of how various organizations use ITAM software solutions thatenabletracking, and recording information related to IT inventory, particularly hardware and software. The ITAM software helps in reducing operational expenditure (OPEX) and capital expenditure (CAPEX) in an enterprise.Unlike hardware, visibility of software information is difficult to assemble, through deploying ITAM an enterprise can procure licensing and contractual data related to a particular software, thus eliminating regulatory risks. The ITAM software market report provides through analysis for the period from 2014to 2024, wherein the period from 2016 to 2024 is the forecast period, 2015 is considered the base year, while data from 2014 has been considered as historical data.The report provides complete outlook of all the major countries across the geography of Asia Pacific, Latin America, North America, Europe, and Middle East & Africa (MEA). Furthermore, it also covers the factors majorly trending in the market,and technological advancements supporting the growth of ITAM software market. However, not all the regions present similar growth prospects and the report also highlights the major factors supporting market expansion with respect to the specific regions.Additionally,opportunities that are likely to influence the market are also included in this report.

Cloud is a dynamic market and has significantlyevolved the way businesses are operated. Thegrowingprominenceof cloud-based solutions has changed the mode of operationof an enterprise. IT enterprises now are inclining toward centralization and automation of IT infrastructure. This has fueledthe demand for ITAM solutions and tools.The report also includes anexpansiveexposureover underlying financial, ecological, and technical factors influencing the ITAMsoftware market. Moreover, impact analysis of the key trends has been provided in addition for each geographic area in this report, keeping in mind the end goal to give an inside - out analysis of the situation of the ITAM market, on a worldwide. The ITAM software market estimations are the outcome of ourcomprehensive market exploration, primary interviews, and in-house expert panel opinions.

Request for TOC of this report : https://www.marketresearchreports.biz/reports/816208/it-asset-management-itam-software-market-research-reports/toc

The report classifies the global ITAM software market by enterprise sizeintoSMEs and Large enterprises. Furthermore, the market is categorized by deployment types which include— On-premise, cloud and hybrid.Moreover, demand for ITAM software solutions has also been studied across variousend-use industries, including BFSI, telecom & IT, government, and energy & utilities and others.This explains which industry sector is helping the expansion of ITAM software market and which is fastest growing sector anticipated to support growth the market over a long run. Thus, the report provides a cross-segment study of the ITAM software market and classifies it into various levels, thus providing valuable insights.

Pertaining to increasing competition in this cloud computing age, resulting in development of cutting edge ITAM software solutions, the report delivers a brief overview of the major players operating in the ITAM software market along with an outline of miscellaneousstrategiesadopted by these players. Strategy has been formulated after brief analysis of the data which includes data related to mergers and acquisitions, partnership agreements, new product launches and product enhancements and future activities company is expected to undertake.

View full report : https://www.marketresearchreports.biz/reports/816208/it-asset-management-itam-software-market-research-reports

Besides, the report also provides the share of major companies operating in the ITAM software market.IBM Corporation, Oracle Corp., Hewlett Packard Enterprise Development LP, BMC Software Inc., ServiceNow Inc., BDNA Corporation, LANDESK Software, Aspera Technologies Inc., Cherwell Software,Flexera Software LLC, CA Technology Inc., and Snow Softwareare some of the major service providers within the global ITAMsoftware market, profiled in this study. These company profiles highlight the competitive landscape of the ITAM software market, the positioning of the key players is based on their financial data, product range, developments and geographical presence.

IT Asset Management (ITAM) Software Market

By Enterprise Size

SMEs
Large Enterprise

By Deployment Type

On Premise
Cloud
Hybrid

By End Use

BFSI
Telecom and IT
Government
Healthcare
Transportation
Manufacturing
Energy and Utilities
Others

By Geography

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments. We have built a veritable reputation for our commitment to fulfilling our clients' exacting market research solutions. From Fortune 500 companies to SMEs, our clients place their trust in us for reports from verified publishers.

State Tower
90 State Street, Suite 700
Albany, NY 12207
United States

Toll Free: 866-997-4948
(USA-Canada)

Tel: +1-518-621-2074
E: sales@marketresearchreports.biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IT Asset Management (ITAM) Software Market to Expand at CAGR of 6.9% during the forecast period from 2016 to 2024: Cloud-based ITAM Software Services Highly Lucrative Segment here

News-ID: 899950 • Views: 251

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases


More Releases for ITAM

IT Asset Management (ITAM) Software Market: Growing Demand for Centralization an …
Some of the most prominent names in the global IT asset management software market have a very strong presence in North America, making the regional market an immensely competitive one. According to a study by Transparency Market Research (TMR), ServiceNow Inc., Cherwell Software Inc., Hewlett Packard Enterprise Development, and Aspera Technologies, Inc. are some of the leading names operating in the North America market. In order to gain competitive advantage
IT Asset Management (ITAM) Software Market CAGR, Key Players, Applications, Prod …
The IT Asset Management (ITAM) Software market report gives CAGR value, Industry Chains, Upstream, Geography, End user, Application, Competitor analysis, SWOT Analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast. The report also gives insight on entry and exit barriers of the industry. The IT Asset Management (ITAM) Software market report covers major Manufactures IBM, HP, Oracle, Dell KACE, BMC Software Inc., Cherwell Software, Aspera Technologies, LANDESK Software. Get
Latest Survey of Global IT Asset Management (ITAM) Software Market 2025
Researchmoz added Most up-to-date research on "Global IT Asset Management (ITAM) Software Market Size,Status and Forecast 2025" to its huge collection of research reports. This report studies the global IT Asset Management (ITAM) Software market,analyzes and researches the IT Asset Management (ITAM) Software development status and forecast in United States,EU,Japan,China,India and Southeast Asia. This report focuses on the top players in global market,like Microsoft BMC IBM Software Symantec Attachmate JustSAMIt Scalable Software Samanage HewlettPackard Freshservice Spiceworks Deloitte Real Asset Management Lansweeper LabTech InvGate Auvik StacksWare INSPUR eAbax Chevin FleetWave ManageEngine Atlassian To Get Sample Copy
IT Asset Management (ITAM) Software Market Size, Share - Global Industry Trend a …
Latest industry research report on: Global IT Asset Management (ITAM) Software Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. The research report on IT asset management (ITAM) software market provides a detailed analysis of how various organizations use ITAM software solutions thatenabletracking, and recording information related to IT inventory, particularly hardware and software. The ITAM software helps in reducing operational expenditure (OPEX) and capital expenditure
Research report explores the IT Asset Management (ITAM) Software Market Size 201 …
Market Size Forecasters released a new research report of 114 pages and 126 table and figures on title ‘Global IT Asset Management (ITAM) Software Market Size, Status and Forecast 2022, the study covers important industry top players such as including are Symantec, Attachmate, JustSAMIt, Scalable Software, Samanage This report studies the global IT Asset Management (ITAM) Software market, analyzes and researches the IT Asset Management (ITAM) Software development status and forecast
Need for Streamlined and Centralized Operations to Spur Demand for IT Asset Mana …
Most leading companies in the global IT asset management (ITAM) software market have a strong presence in North America, making the region immensely competitive, with the likes of Hewlett Packard Enterprise Development, ServiceNow Inc., Cherwell Software Inc., and Aspera Technologies, Inc. setting up base in the U.S. Collaborations and partnerships with other prominent companies has been a go-to strategy for players in the global ITAM software market, states Transparency Market