Global IT Asset Management Software Market 2018: Latest Innovations, Drivers, new technology And Strategic Analysis, Challenges By 2025

2018-05-14 11:49:52

According to a new report published by Reports Monitor titled, “Global IT asset management software, Growth Opportunities, Innovations and Forecast, 2018-2025,” the IT asset management software market was valued at XX million in 2018, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025. 

IT asset management software is a business dedicated application which is used to record and track an asset throughout it’s life cycle. It is business practice involved managing and optimizing the deployment, purchase, utilization,maintenance and disposal of software within company.
The global IT asset management software managers can improve efficiency and eliminate waste by avoiding unnecessary asset purchase and making correct use of current available resources. Key drivers of this market are optimization and cost saving, budgeting, to ensure correct licensing, reduce security risk and for education. The increasing demand for automation as well as for centralization affecting the growth of this market. As the assumption of cloud-based solutions users rapidly increases, the number of smart devices is expected to grow continuing by enhanced communication technologies such as 4G LTE.

This report provides a detailed analysis of IT asset management software, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.

The Global IT Asset Management Software Market is majorly segmented on the basis of type, deployment, enterprise size and end-users. Based on type the global IT asset management software market is bifurcated into hardware asset management and software asset management while based on deployment it is classified into on-premise as IT asset management software, cloud basis as IT asset management software, hybrid basis as IT asset management software. Further, based on  Enterprise size it is classified into SMEs and large enterprise.

The global IT asset management software market is majorly studied across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). North America significantly leads the worldwide global IT asset management software market owing to immense growth of the IT market. In North America leads, major role played by the surge in government rules and strict software audit policies. 

The major key players operating in the market are: 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., Microsoft Corporation and Snow software. 

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