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IT Asset Management Software Market by Deployment and Geography - Forecast and Analysis 2020-2024 - Product Image

IT Asset Management Software Market by Deployment and Geography - Forecast and Analysis 2020-2024

  • ID: 4895840
  • Report
  • December 2019
  • Region: Global
  • 145 pages
  • TechNavio
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FEATURED COMPANIES

  • BMC Software Inc.
  • Dell Technologies Inc.
  • Infor Inc.
  • Ivanti Software Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • MORE
Global IT Asset Management Software Market: About this market
The IT asset management software market analysis considers sales from both cloud-based and on-premise deployment. Our study also finds the sales of IT asset management software in APAC, Europe, MEA, North America, and South America. In 2019, the cloud-based segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing end-user industries such as BFSI, aerospace and defense, and healthcare will play a significant role in the cloud-based segment to maintain its market position. Also, our global IT asset management software market report looks at factors such as increasing need to comply with asset management standards, rapid adoption of asset management software and growing importance of asset tracking, and expansion of IT infrastructure. However, increasing availability of open-source asset management solutions, integration and implementation issues, and asset delivery may hamper the growth of the IT asset management software industry over the forecast period.

Global IT Asset Management Software Market: Overview

Rising adoption of asset management software and growing importance of asset tracking
IT asset management and tracking systems are designed to reduce the labor required for the management of computer software and hardware. It also offers cost reduction through improved purchasing and better control of the overall life cycle of IT assets. Furthermore, IT asset management systems minimize the risks associated with regulatory compliance, software licensing, and security vulnerabilities. Thus, the rising adoption of asset management software and the growing importance of asset tracking will lead to the expansion of the global IT asset management software market at a CAGR of almost 7% during the forecast period.

Growing adoption of cloud-based asset management software services
Organizations across industries, including BFSI, telecom, healthcare, and other sectors are focusing on reducing their overall CAPEX by deploying cloud computing solutions. SMEs are leveraging cloud-based solutions for increasing their scalability of hardware and resources offered by cloud solution providers. This has further created a demand for cloud-based asset management software. This software allows the companies to analyze the data on assets and inventory in real-time with a centralized view. Also, this software offers a variety of benefits to organizations such as more accurate tracking, efficient operations, financial accountability, and easy reporting. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global IT asset management software market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT asset management software manufacturers, that include BMC Software Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Infor Inc., International Business Machines Corp., Ivanti Software Inc., Microsoft Corp., Oracle Corp., SAP SE, and ServiceNow Inc.

Also, the IT asset management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BMC Software Inc.
  • Dell Technologies Inc.
  • Infor Inc.
  • Ivanti Software Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
  • Market segmentation by deployment
  • Comparison by deployment
  • On-premises - Market size and forecast 2019-2024
  • Cloud-based - Market size and forecast 2019-2024
  • Market opportunity by deployment
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Growing adoption of cloud-based asset management software services
  • Rapid proliferation of bring your own device (BYOD) policy
  • Evolution of Internet of Things (IoT) and rapidly growing number of
  • IoT devices
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BMC Software Inc.
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Co.
  • Infor Inc.
  • International Business Machines Corp.
  • Ivanti Software Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • ServiceNow Inc.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global application software market
Exhibit 02: Segments of global application software market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Vendors: Key product offerings
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Deployment - Market share 2019-2024 (%)
Exhibit 19: Comparison by deployment
Exhibit 20: On-premises - Market size and forecast 2019-2024 ($ millions)
Exhibit 21: On-premises - Year-over-year growth 2020-2024 (%)
Exhibit 22: Cloud-based - Market size and forecast 2019-2024 ($ millions)
Exhibit 23: Cloud-based - Year-over-year growth 2020-2024 (%)
Exhibit 24: Market opportunity by deployment
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2019-2024 (%)
Exhibit 27: Geographic comparison
Exhibit 28: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 29: North America - Year-over-year growth 2020-2024 (%)
Exhibit 30: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 31: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 32: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 34: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 35: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 36: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 37: South America - Year-over-year growth 2020-2024 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: BMC Software Inc. - Vendor overview
Exhibit 47: BMC Software Inc. - Product segments
Exhibit 48: BMC Software Inc. - Organizational developments
Exhibit 49: BMC Software Inc. - Key offerings
Exhibit 50: Dell Technologies Inc. - Vendor overview
Exhibit 51: Dell Technologies Inc. - Business segments
Exhibit 52: Dell Technologies Inc. - Organizational developments
Exhibit 53: Dell Technologies Inc. - Geographic focus
Exhibit 54: Dell Technologies Inc. - Segment focus
Exhibit 55: Dell Technologies Inc. - Key offerings
Exhibit 56: Hewlett Packard Enterprise Co. - Vendor overview
Exhibit 57: Hewlett Packard Enterprise Co. - Business segments
Exhibit 58: Hewlett Packard Enterprise Co. - Organizational developments
Exhibit 59: Hewlett Packard Enterprise Co. - Geographic focus
Exhibit 60: Hewlett Packard Enterprise Co. - Segment focus
Exhibit 61: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 62: Infor Inc. - Vendor overview
Exhibit 63: Infor Inc. - Product segments
Exhibit 64: Infor Inc. - Organizational developments
Exhibit 65: Infor Inc. - Key offerings
Exhibit 66: International Business Machines Corp. - Vendor overview
Exhibit 67: International Business Machines Corp. - Business segments
Exhibit 68: International Business Machines Corp. - Organizational developments
Exhibit 69: International Business Machines Corp. - Geographic focus
Exhibit 70: International Business Machines Corp. - Segment focus
Exhibit 71: International Business Machines Corp. - Key offerings
Exhibit 72: Ivanti Software Inc. - Vendor overview
Exhibit 73: Ivanti Software Inc. - Product segments
Exhibit 74: Ivanti Software Inc. - Organizational developments
Exhibit 75: Ivanti Software Inc. - Key offerings
Exhibit 76: Microsoft Corp. - Vendor overview
Exhibit 77: Microsoft Corp. - Business segments
Exhibit 78: Microsoft Corp. - Organizational developments
Exhibit 79: Microsoft Corp. - Geographic focus
Exhibit 80: Microsoft Corp. - Segment focus
Exhibit 81: Microsoft Corp. - Key offerings
Exhibit 82: Oracle Corp. - Vendor overview
Exhibit 83: Oracle Corp. - Business segments
Exhibit 84: Oracle Corp. - Organizational developments
Exhibit 85: Oracle Corp. - Geographic focus
Exhibit 86: Oracle Corp. - Segment focus
Exhibit 87: Oracle Corp. - Key offerings
Exhibit 88: SAP SE - Vendor overview
Exhibit 89: SAP SE - Business segments
Exhibit 90: SAP SE - Organizational developments
Exhibit 91: SAP SE - Geographic focus
Exhibit 92: SAP SE - Segment focus
Exhibit 93: SAP SE - Key offerings
Exhibit 94: ServiceNow Inc. - Vendor overview
Exhibit 95: ServiceNow Inc. - Business segments
Exhibit 96: ServiceNow Inc. - Organizational developments
Exhibit 97: ServiceNow Inc. - Geographic focus
Exhibit 98: ServiceNow Inc. - Segment focus
Exhibit 99: ServiceNow Inc. - Key offerings
Exhibit 100: Validation techniques employed for market sizing
Exhibit 101: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BMC Software Inc.
  • Dell Technologies Inc.
  • Infor Inc.
  • Ivanti Software Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • MORE
The following companies as the key players in the global IT asset management software market: BMC Software Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Infor Inc., International Business Machines Corp., Ivanti Software Inc., Microsoft Corp., Oracle Corp., SAP SE, and ServiceNow Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing adoption of cloud-based asset management software services.”

According to the report, one of the major drivers for this market is the rising adoption of asset management software and growing importance of asset tracking.

Further, the report states that one of the major factors hindering the growth of this market is the increasing availability of open-source asset management solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • BMC Software Inc.
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Co.
  • Infor Inc.
  • International Business Machines Corp.
  • Ivanti Software Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • ServiceNow Inc.
Note: Product cover images may vary from those shown
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