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IT Asset Management (ITAM) Software Market Report Scope & Overview:

IT Asset Management (ITAM) Software Market size was valued at USD 6881.20 Million in 2023 and is expected to reach USD 12936.1 Million by 2031 and grow at a CAGR of 8.21% over the forecast period 2024-2031.

The IT Asset Management (ITAM) Software Market is growing due to the increasing necessity for businesses to manage their IT assets efficiently. ITAM software enables organizations to track, manage, and optimize IT assets throughout their lifecycle, ensuring regulatory compliance, reducing costs, and enhancing operational efficiency. It encompasses hardware and software inventory management, asset tracking, software license management, and financial oversight of IT assets. Market growth is driven by the complexity of IT environments, the shift to cloud computing, and the need for compliance. The rise of remote work has also increased the demand for effective IT asset management. Technological advancements in AI, machine learning, and IoT further boost ITAM capabilities.

IT Asset Management (ITAM) Software market Revenue 2030

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MARKET DYNAMICS:

KEY DRIVERS:

  • Businesses are increasingly reliant on complex IT environments with a mix of hardware, software, and cloud services. ITAM software helps manage this complexity by providing a centralized view of all assets, streamlining processes, and improving decision-making.

  • ITAM software helps organizations optimize IT spending by identifying unused or underutilized assets, negotiating better licensing deals, and automating license compliance tasks.

  • ITAM software helps organizations track assets, identify vulnerabilities, and ensure compliance with regulations like GDPR and SOX.

RESTRAINTS:

  • Organizations may become dependent on a particular ITAM software vendor, making it difficult to switch to another solution.

  • ITAM software stores sensitive information about IT assets, so data security breaches can be a major risk.

  • Integrating ITAM software with other enterprise systems can be complex and time-consuming.

Integrating IT Asset Management (ITAM) software with other enterprise systems can be complex and time-consuming. This complexity arises because ITAM systems need to interact seamlessly with a variety of other platforms, such as ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), and ITSM (IT Service Management) systems, to provide a holistic view of an organization's IT assets. Each of these systems may have different data formats, protocols, and integration requirements, making the integration process technically challenging. Additionally, achieving real-time data synchronization and ensuring data consistency across systems require careful planning and robust technical solutions.

OPPORTUNITY:

  • The rise of cloud computing is creating new opportunities for ITAM software vendors to develop solutions that can manage assets across both on-premises and cloud environments.

  • The Bring Your Device (BYOD) trend is increasing the need for ITAM solutions that can manage personal devices used for work purposes.

  • AI and Automation integration of Artificial Intelligence (AI) and automation technologies into ITAM software can further streamline asset management processes and improve efficiency.

CHALLENGES

  • Some organizations may not be fully aware of the benefits of ITAM software and the potential return on investment (ROI) it can provide.

  • The lack of standardization in IT asset management practices can make it difficult to implement and integrate ITAM software solutions.

The lack of standardization in IT asset management practices can make it difficult to implement and integrate ITAM software solutions. Organizations often have diverse and unique IT environments, leading to varied approaches to managing IT assets. Without standardized processes, it becomes challenging to adopt a uniform ITAM software solution that fits all organizational needs seamlessly. This variability requires significant customization of the ITAM software to align with the specific asset management practices of each organization.

Implementing ITAM software without standardized practices often demands extensive configuration, integration, and ongoing adjustments, consuming more time and resources. Organizations may need to invest in training staff and possibly overhauling existing asset management processes to align with the new system.

IMPACT OF RUSSIAN-UKRAINE WAR

The Russian-Ukraine war has significantly impacted the IT Asset Management (ITAM) Software Market through supply chain disruptions, heightened cybersecurity threats, economic instability, and an accelerated push towards remote work and digital transformation. Supply chain issues have affected the availability of IT hardware, making efficient asset management critical. Increased cybersecurity risks have driven demand for ITAM software to ensure all assets are securely tracked and updated. Economic uncertainty, especially in Eastern Europe, has influenced IT spending, with organizations seeking cost-effective ITAM solutions to optimize expenditures. Additionally, the conflict has expedited digital transformation and remote work trends, necessitating robust ITAM systems to manage distributed IT assets effectively.

IMPACT OF ECONOMIC SLOWDOWN

An economic slowdown impacts the IT Asset Management (ITAM) Software Market by influencing IT spending patterns and priorities. Organizations facing tighter budgets may delay or reduce investments in new ITAM software. However, the need for cost efficiency becomes more critical, driving demand for ITAM solutions that help optimize the utilization of existing assets and reduce operational costs. Companies focus more on the return on investment (ROI) of ITAM software, seeking solutions that demonstrate cost savings and improved efficiency. Additionally, there may be a shift towards subscription-based ITAM models, offering more predictable expenses and scalability. Market consolidation could occur as larger vendors acquire struggling smaller ones, potentially leading to fewer but more comprehensive ITAM solutions.

KEY MARKET SEGMENTS

By Component

  • Hardware

  • Software

  • Service

In 2023, software dominated the market, accounting for around 64% of the total revenue. Software Asset Management (SAM) encompasses managing and enhancing the acquisition, deployment, upkeep, utilization, and disposal of software applications within a company. SAM aids in lowering software expenses, ensuring compliance, and establishing procedures for employee requests. During SAM implementation, enterprises need to consider their Bring Your Device (BYOD) strategy, which enables employees to access software licenses from personal devices.

By Deployment

  • On-Cloud

  • On-Premise

By Organization

  • SME

  • Large Enterprise

The IT Asset Management Software Market is segmented based on organization size into Small and Medium Enterprises (SMEs) and Large Enterprises, with the latter dominating the market in 2023. Large enterprises often make substantial investments in sophisticated software to boost productivity. Consequently, they typically require Software Asset Management (SAM) tools to manage their software effectively. SAM tools automate, expedite, and enhance manual processes, ensuring efficient software management. Furthermore, SAM facilitates organizations across diverse industries in enhancing the performance and agility of their IT assets.

By End-User

  • BFSI

  • Retail

  • Aerospace & Defense

  • IT & Telecom

By Tools 

  • Discovery/ Automated Inventory

  • License Management

  • Patch & Version Management

  • Request Management

  • Product/Service Catalog

  • Digital Asset Management

  • Others

IT Asset Management (ITAM) Software market Segment Pie Chart

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REGIONAL ANALYSIS:

In 2023, the North American market for IT Asset Management Software held approximately 38% of the total market share and is projected to demonstrate a noteworthy Compound Annual Growth Rate (CAGR) throughout the study period. This growth can be attributed to substantial investments in technology, addressing the intricate requirements of software lifecycle management, and adhering to stringent laws and regulations regarding asset procurement. These factors drive organizations to embrace technologies that reduce variable purchase costs and maintain equilibrium by monitoring demand and supply records.

The European market platform holds the second-largest market share. This is fueled by the pressing need to optimize software licensing expenses, manage audits for compliance adherence, and the significant industrialization observed in technologically advanced countries like Germany, the U.K., and France over the past decade.

The Asia-Pacific region is poised to experience the fastest CAGR growth from 2024 to 2031 in the IT Asset Management Software Market. This growth is propelled by the multifaceted roles performed by software asset management within enterprises, encompassing the development of software portfolios, resource availability management, IT infrastructure enhancement, and fulfillment of business objectives.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

KEY PLAYERS:

The major key players are Dell Inc., Microsoft Corporation, IBM Corporation, BMC Software Inc., HP Inc., ServiceNow Inc., Oracle Corp, Flexera Software LLC, Ivanti, Aspera Technologies Inc. & Other Players.

Microsoft Corporation-Company Financial Analysis

Company Landscape Analysis

 

RECENT DEVELOPMENT

In April 2022: Freshworks Inc., a software company dedicated to empowering businesses, announced an expansion of its strategic partnership with Device42, a prominent figure in asset management. This collaboration aims to equip Freshservice customers with enterprise-level asset management capabilities, enhancing business continuity.

In April 2022: SysAid, a provider of service automation solutions and a leading figure in IT service management software, forged a partnership with Oomnitza, a market leader in Enterprise Technology Management (ETM) solutions. This partnership is designed to offer customers seeking advanced IT asset management (ITAM) functionalities a comprehensive ETM approach. Through automation at scale, this collaboration aims to elevate IT service management and delivery to new heights.

IT Asset Management (ITAM) Software Market Report Scope:
Report Attributes Details
 Market Size in 2023

 US$ 6881.20 Million

 Market Size by 2031

 US$ 12936.1 Million

 CAGR 

 CAGR of 8.21% From 2024 to 2031

 Base Year

 2023

 Forecast Period

 2024-2031

 Historical Data

 2020-2022

 Report Scope & Coverage

Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook

 Key Segments

• By Component (Hardware, Software, Service)

• By Deployment (On-Cloud, On-Premise)

• By Organization (SME, Large Enterprise)

• By End-User (BFSI, Retail, Aerospace & Defense, IT & Telecom)

• By Tools (Discovery/ Automated Inventory, License Management, Patch & Version Management, Request Management, Product/Service Catalog, Digital Asset Management, Others)

 Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
 Company Profiles

Dell Inc., Microsoft Corporation, IBM Corporation, BMC Software Inc., HP Inc., ServiceNow Inc., Oracle Corp, Flexera Software LLC, Ivanti, Aspera Technologies Inc.

 Key Drivers

Businesses are increasingly reliant on complex IT environments with a mix of hardware, software, and cloud services. ITAM software helps manage this complexity by providing a centralized view of all assets, streamlining processes, and improving decision-making.

ITAM software helps organizations optimize IT spending by identifying unused or underutilized assets, negotiating better licensing deals, and automating license compliance tasks.

ITAM software helps organizations track assets, identify vulnerabilities, and ensure compliance with regulations like GDPR and SOX.

 Opportunity

• Organizations may become dependent on a particular ITAM software vendor, making it difficult to switch to another solution.

• ITAM software stores sensitive information about IT assets, so data security breaches can be a major risk.

• Integrating ITAM software with other enterprise systems can be complex and time-consuming.

 

Frequently Asked Questions

 North America is expected to hold the largest market share during the forecast period.

The Software Segment is leading in the market revenue share in 2023.

 The Asia-Pacific region is anticipated to record the Fastest Growing in the Industrial IT Asset Management (ITAM) Software Market.

 Industrial IT Asset Management (ITAM) Software Market size was USD 6881.20 Million in 2023 and is expected to Reach USD 12936.1 Million by 2031.

The Industrial IT Asset Management (ITAM) Software Market is expected to grow at a CAGR of 8.21%.

TABLE OF CONTENT

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5. Impact Analysis

5.1 Impact of Russia-Ukraine Crisis

5.2 Impact of Economic Slowdown on Major Countries

5.2.1 Introduction

5.2.2 United States

5.2.3 Canada

5.2.4 Germany

5.2.5 France

5.2.6 UK

5.2.7 China

5.2.8 Japan

5.2.9 South Korea

5.2.10 India

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8.  Pest Analysis

9. IT Asset Management (ITAM) Software Market Segmentation, By Component

9.1 Introduction

9.2 Trend Analysis

9.3 Hardware

9.4 Software

9.5 Service

10. IT Asset Management (ITAM) Software Market Segmentation, By Deployment

10.1 Introduction

10.2 Trend Analysis

10.3 On-Cloud

10.4 On-Premise

11. IT Asset Management (ITAM) Software Market Segmentation, By Organization

11.1 Introduction

11.2 Trend Analysis

11.3 SME

11.4 Large Enterprise

12. IT Asset Management (ITAM) Software Market Segmentation, By End-User

12.1 Introduction

12.2 Trend Analysis

12.3 BFSI

12.4 Retail

12.5 Aerospace & Defense

12.6 IT & Telecom

13.IT Asset Management (ITAM) Software Market Segmentation, Tools 

13.1 Introduction

13.2 Trend Analysis

13.3 Discovery/ Automated Inventory

13.4 License Management

13.5 Patch & Version Management

13.6 Request Management

13.7 Product/Service Catalog

13.8 Digital Asset Management

13.9 Others

14. Regional Analysis

14.1 Introduction

14.2 North America

14.2.1 Trend Analysis

14.2.2 North America IT Asset Management (ITAM) Software Market, By Country

14.2.3 North America IT Asset Management (ITAM) Software Market Segmentation, By Component

14.2.4 North America IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.2.5 North America IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.2.6 North America IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.2.7 North America IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.2.8 USA 

14.2.8.1 USA IT Asset Management (ITAM) Software Market Segmentation, By Component

14.2.8.2 USA IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.2.8.3 USA IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.2.8.4 USA IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.2.8.5 USA IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.2.9 Canada

14.2.9.1 Canada IT Asset Management (ITAM) Software Market Segmentation, By Component

14.2.9.2 Canada IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.2.9.3 Canada IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.2.9.4 Canada IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.2.9.5 Canada IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.2.10 Mexico

14.2.10.1 Mexico IT Asset Management (ITAM) Software Market Segmentation, By Component

14.2.10.2 Mexico IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.2.10.3 Mexico IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.2.10.4 Mexico IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.2.10.5 Mexico IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3 Europe

14.3.1 Trend Analysis

14.3.2 Eastern Europe

14.3.2.1 Eastern Europe IT Asset Management (ITAM) Software Market, By Country

14.3.2.2 Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.3 Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.4 Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.5 Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.6 Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.2.7 Poland

14.3.2.7.1 Poland IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.7.2 Poland IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.7.3 Poland IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.7.4 Poland IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.7.5 Poland IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.2.8 Romania

14.3.2.8.1 Romania IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.8.2 Romania IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.8.3 Romania IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.8.4 Romania IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.8.5 Romania IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.2.9 Hungary

14.3.2.9.1 Hungary IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.9.2 Hungary IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.9.3 Hungary IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.9.4 Hungary IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.9.5 Hungary IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.2.10 Turkey

14.3.2.10.1 Turkey IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.10.2 Turkey IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.10.3 Turkey IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.10.4 Turkey IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.10.5 Turkey IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.2.11 Rest of Eastern Europe

14.3.2.11.1 Rest of Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.2.11.2 Rest of Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.2.11.3 Rest of Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.2.11.4 Rest of Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.2.11.5 Rest of Eastern Europe IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3 Western Europe 

14.3.3.1 Western Europe IT Asset Management (ITAM) Software Market, By Country

14.3.3.2 Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.3 Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.4 Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.5 Western Europe IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.6 Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.7 Germany

14.3.3.7.1 Germany IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.7.2 Germany IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.7.3 Germany IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.7.4 Germany IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.7.5 Germany IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.8 France 

14.3.3.8.1 France IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.8.2 France IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.8.3 France IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.8.4 France IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.8.5 France IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.9 UK

14.3.3.9.1 UK IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.9.2 UK IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.9.3 UK IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.9.4 UK IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.9.5 UK IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.10 Italy

14.3.3.10.1 Italy IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.10.2 Italy IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.10.3 Italy IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.10.4 Italy IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.10.5 Italy IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.11 Spain

14.3.3.11.1 Spain IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.11.2 Spain IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.11.3 Spain IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.11.4 Spain IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.11.5 Spain IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.12 Netherlands

14.3.3.12.1 Netherlands IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.12.2 Netherlands IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.12.3 Netherlands IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.12.4 Netherlands IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.12.5 Netherlands IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.13 Switzerland

14.3.3.13.1 Switzerland IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.13.2 Switzerland IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.13.3 Switzerland IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.13.4 Switzerland IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.13.5 Switzerland IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.14 Austria 

14.3.3.14.1 Austria IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.14.2 Austria IT Asset Management (ITAM) Software Market Segmentation, By Deployment          

14.3.3.14.3 Austria IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.14.4 Austria IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.14.5 Austria IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.3.3.15 Rest of Western Europe

14.3.3.15.1 Rest of Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Component

14.3.3.15.2 Rest of Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.3.3.15.3 Rest of Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.3.3.15.4 Rest of Western Europe IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.3.3.15.5 Rest of Western Europe IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4 Asia-Pacific

14.4.1 Trend Analysis

14.4.2 Asia-Pacific IT Asset Management (ITAM) Software Market, By Country

14.4.3 Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.4 Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.5 Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.6 Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.7 Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.8 China

14.4.8.1 China IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.8.2 China IT Asset Management (ITAM) Software Market Segmentation, By Deployment          

14.4.8.3 China IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.8.4 China IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.8.5 China IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.9 India

14.4.9.1 India IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.9.2 India IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.9.3 India IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.9.4 India IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.9.5 India IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.10 Japan

14.4.10.1 Japan IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.10.2 Japan IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.10.3 Japan IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.10.4 Japan IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.10.5 Japan IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.11 South Korea

14.4.11.1 South Korea IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.11.2 South Korea IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.11.3 South Korea IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.11.4 South Korea IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.11.5 South Korea IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.12 Vietnam

14.4.12.1 Vietnam IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.12.2 Vietnam IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.12.3 Vietnam IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.12.4 Vietnam IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.12.5 Vietnam IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.13 Singapore

14.4.13.1 Singapore IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.13.2 Singapore IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.13.3 Singapore IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.13.4 Singapore IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.13.5 Singapore IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.14 Australia

14.4.14.1 Australia IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.14.2 Australia IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.14.3 Australia IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.14.4 Australia IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.14.5 Australia IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.4.15 Rest of Asia-Pacific

14.4.15.1 Rest of Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Component

14.4.15.2 Rest of Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.4.15.3 Rest of Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.4.15.4 Rest of Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.4.15.5 Rest of Asia-Pacific IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5 Middle East & Africa

14.5.1 Trend Analysis

14.5.2 Middle East

14.5.2.1 Middle East IT Asset Management (ITAM) Software Market, By Country

14.5.2.2 Middle East IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.3 Middle East IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.4 Middle East IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.5 Middle East IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.6 Middle East IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.2.7 UAE

14.5.2.7.1 UAE IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.7.2 UAE IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.7.3 UAE IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.7.4 UAE IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.7.5 UAE IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.2.8 Egypt

14.5.2.8.1 Egypt IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.8.2 Egypt IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.8.3 Egypt IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.8.4 Egypt IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.8.5 Egypt IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.2.9 Saudi Arabia 

14.5.2.9.1 Saudi Arabia IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.9.2 Saudi Arabia IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.9.3 Saudi Arabia IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.9.4 Saudi Arabia IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.9.5 Saudi Arabia IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.2.10 Qatar

14.5.2.10.1 Qatar IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.10.2 Qatar IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.10.3 Qatar IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.10.4 Qatar IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.10.5 Qatar IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.2.11 Rest of Middle East

14.5.2.11.1 Rest of Middle East IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.2.11.2 Rest of Middle East IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.2.11.3 Rest of Middle East IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.2.11.4 Rest of Middle East IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.2.11.5 Rest of Middle East IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.3 Africa

14.5.3.1 Africa IT Asset Management (ITAM) Software Market, By Country

14.5.3.2 Africa IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.3.3 Africa IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.3.4 Africa IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.3.5 Africa IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.3.6 Africa IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.3.7 Nigeria

14.5.3.7.1 Nigeria IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.3.7.2 Nigeria IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.3.7.3 Nigeria IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.3.7.4 Nigeria IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.3.7.5 Nigeria IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.3.8 South Africa

14.5.3.8.1 South Africa IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.3.8.2 South Africa IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.3.8.3 South Africa IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.3.8.4 South Africa IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.3.8.5 South Africa IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.5.3.9 Rest of Africa

14.5.3.9.1 Rest of Africa IT Asset Management (ITAM) Software Market Segmentation, By Component

14.5.3.9.2 Rest of Africa IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.5.3.9.3 Rest of Africa IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.5.3.9.4 Rest of Africa IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.5.3.9.5 Rest of Africa IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.6 Latin America

14.6.1 Trend Analysis

14.6.2 Latin America IT Asset Management (ITAM) Software Market, By Country

14.6.3 Latin America IT Asset Management (ITAM) Software Market Segmentation, By Component

14.6.4 Latin America IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.6.5 Latin America IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.6.6 Latin America IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.6.7 Latin America IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.6.8 Brazil

14.6.8.1 Brazil IT Asset Management (ITAM) Software Market Segmentation, By Component

14.6.8.2 Brazil IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.6.8.3 Brazil IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.6.8.4 Brazil IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.6.8.5 Brazil IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.6.9 Argentina

14.6.9.1 Argentina IT Asset Management (ITAM) Software Market Segmentation, By Component

14.6.9.2 Argentina IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.6.9.3 Argentina IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.6.9.4 Argentina IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.6.9.5 Argentina IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.6.10 Colombia

14.6.10.1 Colombia IT Asset Management (ITAM) Software Market Segmentation, By Component

14.6.10.2 Colombia IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.6.10.3 Colombia IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.6.10.4 Colombia IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.6.10.5 Colombia IT Asset Management (ITAM) Software Market Segmentation, By Tools

14.6.11 Rest of Latin America

14.6.11.1 Rest of Latin America IT Asset Management (ITAM) Software Market Segmentation, By Component

14.6.11.2 Rest of Latin America IT Asset Management (ITAM) Software Market Segmentation, By Deployment

14.6.11.3 Rest of Latin America IT Asset Management (ITAM) Software Market Segmentation, By Organization

14.6.11.4 Rest of Latin America IT Asset Management (ITAM) Software Market Segmentation, By End-User

14.6.11.5 Rest of Latin America IT Asset Management (ITAM) Software Market Segmentation, By Tools

15. Company Profiles

15.1 Dell Inc.

15.1.1 Company Overview

15.1.2 Financial

15.1.3 Products/ Services Offered

15.1.4 SWOT Analysis

15.1.5 The SNS View

15.2 Microsoft Corporation

15.2.1 Company Overview

15.2.2 Financial

15.2.3 Products/ Services Offered

15.2.4 SWOT Analysis

15.2.5 The SNS View

15.3 IBM Corporation

15.3.1 Company Overview

15.3.2 Financial

15.3.3 Products/ Services Offered

15.3.4 SWOT Analysis

15.3.5 The SNS View

15.4 BMC Software Inc.

15.4.1 Company Overview

15.4.2 Financial

15.4.3 Products/ Services Offered

15.4.4 SWOT Analysis

15.4.5 The SNS View

15.5 HP Inc.

15.5.1 Company Overview

15.5.2 Financial

15.5.3 Products/ Services Offered

15.5.4 SWOT Analysis

15.5.5 The SNS View

15.6 ServiceNow Inc.

15.6.1 Company Overview

15.6.2 Financial

15.6.3 Products/ Services Offered

15.6.4 SWOT Analysis

15.6.5 The SNS View

15.7 Oracle Corp

15.7.1 Company Overview

15.7.2 Financial

15.7.3 Products/ Services Offered

15.7.4 SWOT Analysis

15.7.5 The SNS View

15.8 Flexera Software LLC

15.8.1 Company Overview

15.8.2 Financial

15.8.3 Products/ Services Offered

15.8.4 SWOT Analysis

15.8.5 The SNS View

15.9 Ivanti

15.9.1 Company Overview

15.9.2 Financial

15.9.3 Products/ Services Offered

15.9.4 SWOT Analysis

15.9.5 The SNS View

15.10 Aspera Technologies Inc.

15.10.1 Company Overview

15.10.2 Financial

15.10.3 Products/ Services Offered

15.10.4 SWOT Analysis

15.10.5 The SNS View

16. Competitive Landscape

16.1 Competitive Benchmarking

16.2 Market Share Analysis

16.3 Recent Developments

            16.3.1 Industry News

            16.3.2 Company News

            16.3.3 Mergers & Acquisitions

17. Use Case and Best Practices

18. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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