Global IT Asset Management Software Market Is Expected To Reach US$ 1490.7 Million By The Year 2026

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IT Asset Management is a set of business practices which integrate IT assets across the business units in an organization. It creates a link between inventory, financial, risk management, and contractual responsibilities. IT asset management software manages the overall lifecycle of assets which are related to the tactical decision making of a business. An asset refers to all the elements of hardware and software that are found in a business environment.
The global IT asset management software market was valued at approximately US$ 861.1 million in the year 2018 and is expected to reach US$ 1490.7 million by the year 2026, growing at a CAGR of approximately 7.1%. The IT asset management software market is driven by an increasing focus on IT asset inventory management, identification of illegal installations, and other vulnerable activities. However, the high cost of deployment is expected to curtail the growth of the IT asset management software market.
IT asset management is also known as IT inventory management, as it involves gathering of information about the hardware and software inventory for making tactical decisions in an organization. An accurate IT asset inventory always helps a business to use assets in an effective way.
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The IT asset management software market is segmented on the basis of type as software asset management and hardware asset management. On the basis of deployment, the market is segmented as on-premise, cloud, and hybrid deployment.
On the basis of the end-user, the IT & Telecom segment is holding the highest share in the global IT asset management software market.
Based on the enterprise size, large enterprises are holding the highest share in the market due to the affordability of IT asset management-related services.
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
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1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global IT asset management software Market, 2016-2026, (US$ Mn)
2.1 Market Snapshot: Global IT asset management software Market
2.2 Market Dynamics
2.3 Global IT asset management software Market, by Segment, 2018
2.3.1 Global IT asset management software Market, by Type, 2018, (US$ Mn)
2.3.2 Global IT asset management software Market, by Deployment Type, 2018, (US$ Mn)
2.3.3 Global IT asset management software Market, by Enterprise Size, 2018, (US$ Mn)
2.3.4 Global IT asset management software Market, by End-user, 2018, (US$ Mn)
2.3.5 Global IT asset management software Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 IT asset management software Market In Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Global IT asset management software Market: Regional Life Cycle Analysis
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Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increasing focus on IT asset inventory management
3.2.2 Identification of illegal installation and other vulnerable activities
3.3 Market Restraints
3.3.1 High cost of deployment
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Opportunity 1
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
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Name: Steven Samuel
Email - info@ozonemarketreports.com
Phone - +91 9370882135
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