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IT Asset Management-Global Market Insights and Sales Trends 2025
Synopsis
IT asset management (ITAM) is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.
The global IT Asset Management market size is expected to reach US$ 3364 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of IT Asset Management in various end use industries. The expanding demands from the Enterprises and Government, are propelling IT Asset Management market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-premises segment is estimated at % CAGR for the next seven-year period.
IT asset management is an important part of an organization's strategy. It usually involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution. IT inventory management helps organizations manage their systems more effectively and saves time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Asset Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Asset Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Asset Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Asset Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Asset Management covered in this report include Broadcom, IBM, Oracle, SolarWinds, BMC, Snow Software, Livingstone, Agiloft and Axios, etc.
The global IT Asset Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Broadcom
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
Global IT Asset Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Asset Management market, Segment by Type:
Cloud Based
On-premises
Global IT Asset Management market, by Application
Enterprises
Government
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Asset Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
IT asset management (ITAM) is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business environment.
The global IT Asset Management market size is expected to reach US$ 3364 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of IT Asset Management in various end use industries. The expanding demands from the Enterprises and Government, are propelling IT Asset Management market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-premises segment is estimated at % CAGR for the next seven-year period.
IT asset management is an important part of an organization's strategy. It usually involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution. IT inventory management helps organizations manage their systems more effectively and saves time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Asset Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Asset Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Asset Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Asset Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Asset Management covered in this report include Broadcom, IBM, Oracle, SolarWinds, BMC, Snow Software, Livingstone, Agiloft and Axios, etc.
The global IT Asset Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Broadcom
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
Global IT Asset Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Asset Management market, Segment by Type:
Cloud Based
On-premises
Global IT Asset Management market, by Application
Enterprises
Government
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Asset Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of IT Asset Management
1.1 IT Asset Management Market Overview
1.1.1 IT Asset Management Product Scope
1.1.2 IT Asset Management Market Status and Outlook
1.2 Global IT Asset Management Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global IT Asset Management Market Size by Region (2018-2029)
1.4 Global IT Asset Management Historic Market Size by Region (2018-2023)
1.5 Global IT Asset Management Market Size Forecast by Region (2024-2029)
1.6 Key Regions, IT Asset Management Market Size (2018-2029)
1.6.1 North America IT Asset Management Market Size (2018-2029)
1.6.2 Europe IT Asset Management Market Size (2018-2029)
1.6.3 Asia-Pacific IT Asset Management Market Size (2018-2029)
1.6.4 Latin America IT Asset Management Market Size (2018-2029)
1.6.5 Middle East & Africa IT Asset Management Market Size (2018-2029)
2 IT Asset Management Market by Type
2.1 Introduction
2.1.1 Cloud Based
2.1.2 On-premises
2.2 Global IT Asset Management Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global IT Asset Management Historic Market Size by Type (2018-2023)
2.2.2 Global IT Asset Management Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America IT Asset Management Revenue Breakdown by Type (2018-2029)
2.3.2 Europe IT Asset Management Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific IT Asset Management Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America IT Asset Management Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa IT Asset Management Revenue Breakdown by Type (2018-2029)
3 IT Asset Management Market Overview by Application
3.1 Introduction
3.1.1 Enterprises
3.1.2 Government
3.2 Global IT Asset Management Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global IT Asset Management Historic Market Size by Application (2018-2023)
3.2.2 Global IT Asset Management Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America IT Asset Management Revenue Breakdown by Application (2018-2029)
3.3.2 Europe IT Asset Management Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific IT Asset Management Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America IT Asset Management Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa IT Asset Management Revenue Breakdown by Application (2018-2029)
4 IT Asset Management Competition Analysis by Players
4.1 Global IT Asset Management Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IT Asset Management as of 2022)
4.3 Date of Key Players Enter into IT Asset Management Market
4.4 Global Top Players IT Asset Management Headquarters and Area Served
4.5 Key Players IT Asset Management Product Solution and Service
4.6 Competitive Status
4.6.1 IT Asset Management Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Broadcom
5.1.1 Broadcom Profile
5.1.2 Broadcom Main Business
5.1.3 Broadcom IT Asset Management Products, Services and Solutions
5.1.4 Broadcom IT Asset Management Revenue (US$ Million) & (2018-2023)
5.1.5 Broadcom Recent Developments
5.2 IBM
5.2.1 IBM Profile
5.2.2 IBM Main Business
5.2.3 IBM IT Asset Management Products, Services and Solutions
5.2.4 IBM IT Asset Management Revenue (US$ Million) & (2018-2023)
5.2.5 IBM Recent Developments
5.3 Oracle
5.3.1 Oracle Profile
5.3.2 Oracle Main Business
5.3.3 Oracle IT Asset Management Products, Services and Solutions
5.3.4 Oracle IT Asset Management Revenue (US$ Million) & (2018-2023)
5.3.5 SolarWinds Recent Developments
5.4 SolarWinds
5.4.1 SolarWinds Profile
5.4.2 SolarWinds Main Business
5.4.3 SolarWinds IT Asset Management Products, Services and Solutions
5.4.4 SolarWinds IT Asset Management Revenue (US$ Million) & (2018-2023)
5.4.5 SolarWinds Recent Developments
5.5 BMC
5.5.1 BMC Profile
5.5.2 BMC Main Business
5.5.3 BMC IT Asset Management Products, Services and Solutions
5.5.4 BMC IT Asset Management Revenue (US$ Million) & (2018-2023)
5.5.5 BMC Recent Developments
5.6 Snow Software
5.6.1 Snow Software Profile
5.6.2 Snow Software Main Business
5.6.3 Snow Software IT Asset Management Products, Services and Solutions
5.6.4 Snow Software IT Asset Management Revenue (US$ Million) & (2018-2023)
5.6.5 Snow Software Recent Developments
5.7 Livingstone
5.7.1 Livingstone Profile
5.7.2 Livingstone Main Business
5.7.3 Livingstone IT Asset Management Products, Services and Solutions
5.7.4 Livingstone IT Asset Management Revenue (US$ Million) & (2018-2023)
5.7.5 Livingstone Recent Developments
5.8 Agiloft
5.8.1 Agiloft Profile
5.8.2 Agiloft Main Business
5.8.3 Agiloft IT Asset Management Products, Services and Solutions
5.8.4 Agiloft IT Asset Management Revenue (US$ Million) & (2018-2023)
5.8.5 Agiloft Recent Developments
5.9 Axios
5.9.1 Axios Profile
5.9.2 Axios Main Business
5.9.3 Axios IT Asset Management Products, Services and Solutions
5.9.4 Axios IT Asset Management Revenue (US$ Million) & (2018-2023)
5.9.5 Axios Recent Developments
5.10 Cherwell
5.10.1 Cherwell Profile
5.10.2 Cherwell Main Business
5.10.3 Cherwell IT Asset Management Products, Services and Solutions
5.10.4 Cherwell IT Asset Management Revenue (US$ Million) & (2018-2023)
5.10.5 Cherwell Recent Developments
5.11 Eracent
5.11.1 Eracent Profile
5.11.2 Eracent Main Business
5.11.3 Eracent IT Asset Management Products, Services and Solutions
5.11.4 Eracent IT Asset Management Revenue (US$ Million) & (2018-2023)
5.11.5 Eracent Recent Developments
5.12 Express Metrix
5.12.1 Express Metrix Profile
5.12.2 Express Metrix Main Business
5.12.3 Express Metrix IT Asset Management Products, Services and Solutions
5.12.4 Express Metrix IT Asset Management Revenue (US$ Million) & (2018-2023)
5.12.5 Express Metrix Recent Developments
5.13 Freshservice
5.13.1 Freshservice Profile
5.13.2 Freshservice Main Business
5.13.3 Freshservice IT Asset Management Products, Services and Solutions
5.13.4 Freshservice IT Asset Management Revenue (US$ Million) & (2018-2023)
5.13.5 Freshservice Recent Developments
5.14 HP
5.14.1 HP Profile
5.14.2 HP Main Business
5.14.3 HP IT Asset Management Products, Services and Solutions
5.14.4 HP IT Asset Management Revenue (US$ Million) & (2018-2023)
5.14.5 HP Recent Developments
5.15 Innotas
5.15.1 Innotas Profile
5.15.2 Innotas Main Business
5.15.3 Innotas IT Asset Management Products, Services and Solutions
5.15.4 Innotas IT Asset Management Revenue (US$ Million) & (2018-2023)
5.15.5 Innotas Recent Developments
5.16 InvGate
5.16.1 InvGate Profile
5.16.2 InvGate Main Business
5.16.3 InvGate IT Asset Management Products, Services and Solutions
5.16.4 InvGate IT Asset Management Revenue (US$ Million) & (2018-2023)
5.16.5 InvGate Recent Developments
5.17 iQuate
5.17.1 iQuate Profile
5.17.2 iQuate Main Business
5.17.3 iQuate IT Asset Management Products, Services and Solutions
5.17.4 iQuate IT Asset Management Revenue (US$ Million) & (2018-2023)
5.17.5 iQuate Recent Developments
5.18 Kaseya
5.18.1 Kaseya Profile
5.18.2 Kaseya Main Business
5.18.3 Kaseya IT Asset Management Products, Services and Solutions
5.18.4 Kaseya IT Asset Management Revenue (US$ Million) & (2018-2023)
5.18.5 Kaseya Recent Developments
5.19 LabTech
5.19.1 LabTech Profile
5.19.2 LabTech Main Business
5.19.3 LabTech IT Asset Management Products, Services and Solutions
5.19.4 LabTech IT Asset Management Revenue (US$ Million) & (2018-2023)
5.19.5 LabTech Recent Developments
5.20 Landesk
5.20.1 Landesk Profile
5.20.2 Landesk Main Business
5.20.3 Landesk IT Asset Management Products, Services and Solutions
5.20.4 Landesk IT Asset Management Revenue (US$ Million) & (2018-2023)
5.20.5 Landesk Recent Developments
5.21 Provance
5.21.1 Provance Profile
5.21.2 Provance Main Business
5.21.3 Provance IT Asset Management Products, Services and Solutions
5.21.4 Provance IT Asset Management Revenue (US$ Million) & (2018-2023)
5.21.5 Provance Recent Developments
5.22 Samanage
5.22.1 Samanage Profile
5.22.2 Samanage Main Business
5.22.3 Samanage IT Asset Management Products, Services and Solutions
5.22.4 Samanage IT Asset Management Revenue (US$ Million) & (2018-2023)
5.22.5 Samanage Recent Developments
5.23 ServiceNow
5.23.1 ServiceNow Profile
5.23.2 ServiceNow Main Business
5.23.3 ServiceNow IT Asset Management Products, Services and Solutions
5.23.4 ServiceNow IT Asset Management Revenue (US$ Million) & (2018-2023)
5.23.5 ServiceNow Recent Developments
5.24 Symantec
5.24.1 Symantec Profile
5.24.2 Symantec Main Business
5.24.3 Symantec IT Asset Management Products, Services and Solutions
5.24.4 Symantec IT Asset Management Revenue (US$ Million) & (2018-2023)
5.24.5 Symantec Recent Developments
5.25 SysAid
5.25.1 SysAid Profile
5.25.2 SysAid Main Business
5.25.3 SysAid IT Asset Management Products, Services and Solutions
5.25.4 SysAid IT Asset Management Revenue (US$ Million) & (2018-2023)
5.25.5 SysAid Recent Developments
5.26 Vector Networks
5.26.1 Vector Networks Profile
5.26.2 Vector Networks Main Business
5.26.3 Vector Networks IT Asset Management Products, Services and Solutions
5.26.4 Vector Networks IT Asset Management Revenue (US$ Million) & (2018-2023)
5.26.5 Vector Networks Recent Developments
6 North America
6.1 North America IT Asset Management Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe IT Asset Management Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific IT Asset Management Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America IT Asset Management Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa IT Asset Management Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 IT Asset Management Market Dynamics
11.1 IT Asset Management Industry Trends
11.2 IT Asset Management Market Drivers
11.3 IT Asset Management Market Challenges
11.4 IT Asset Management Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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