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Global IT Asset Management Market by Deployment Type, Enterprise Size, End-user Industries and Region - Forecast to 2023 - ResearchAndMarkets.com

September 27, 2018

DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Global IT Asset Management Market by Deployment Type, Enterprise Size, End-user Industries and Region - Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The IT Asset Management Market is expected to register a CAGR of over 11.25% during the forecast period 2018-2023.

In order to manage and optimize their IT assets and attain greater business efficiencies while saving costs significantly, organizations across industries are embracing and implementing the IT Asset Management (ITAM) Software.Increasing implementation of technologically advanced and interconnected infrastructure has persuaded organizations across industries to adopt asset management systems that can help in managing operation technologies, to gather more important data and information.Therefore, increasing IoT adoption is expected to aid the growth of the IT Asset Management market, at a significant rate, during the forecast period. Increasing investments from regions to digitalize industries for economic development may increase the need for asset management and therefore support the growth of IT asset management (ITAM) market.

ITAM is one of the top five IT service management processes that companies have adopted in 2017, according to the HDI survey. Respondents of the survey were technical support professionals, in different vertical industries, across a variety of IT support topics. This result indicates the awareness levels on the importance of ITAM software.

The market comprises of tech giants, like IBM, CA technologies, who occupy the majority of the IT asset management software users, deploying their software over cloud and on-premise. In addition, there are also cloud-exclusive companies, like Freshworks Inc., SysAid Technology Ltd., Cherwell Software, etc.Key HighlightsCloud Deployment is Expected to Register a Significant Growth RateNorth America is Expected to Have the Highest Share in the Market

Major Developments in the Market

Broadcom Inc., a leading semiconductor device supplier, announced its plan of acquiring CA Technologies. Through this acquisition, Broadcom plans to align CA’s expertise in software with its leadership in the semiconductor industry to build one of the world’s leading infrastructure technology companies.Companies ProfiledDell Inc.Microsoft CorporationIBM CorporationBMC Software Inc.HP Inc.ServiceNow Inc.Oracle Corp.BDNA CorporationLANDESK SoftwareAspera Technologies Inc.Cherwell SoftwareFlexera Software LLCSysAid Technologies Ltd.Samanage Ltd.Freshworks Inc.Symantec Corporation

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. IT Asset Management Market Segmentation

7. IT Asset Management Market Companies

8. IT Asset Management Market Investment Analysis

9. Future Outlook of IT Asset Management Market

For more information about this report visit https://www.researchandmarkets.com/research/f8dgjm/global_it_asset?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005701/en/

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Related Topics:Computing

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/27/2018 12:16 PM/DISC: 09/27/2018 12:16 PM

http://www.businesswire.com/news/home/20180927005701/en

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