IT Asset Management (ITAM) Services Market Growing Trends and Demands Analysis Forecast 2023 to 2030 | IBM, Softcat, Certero

Published August 22, 2023

Infinity Business Insights has published a comprehensive report on the global IT Asset Management (ITAM) Services Market.

The global IT Asset Management (ITAM) Services market 2023 research report provides a comprehensive and in-depth analysis of the market’s present state. The IT Asset Management (ITAM) Services market research also includes development strategies and policies. The market research study examines a variety of aspects from 2023 to 2030, including market growth, market size, revenue, market share, market trends, and research methodology. It examines the market scenario as well as the global competitive environment in depth.

The Key Players in this IT Asset Management (ITAM) Services Market are: HPE, IBM, EY, OpenText, ServiceNow, Atlassian, SHI, Ivanti, Freshservice, OTRSmag, Zoho Corporation, Softcat, Certero, Flexera, Asset Vue, InSource, Kinetix Technology Services, Mindarray Systems, ManageEngine, CAI, Virima, United Service Technology.

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Market Overview:
The IT Asset Management (ITAM) Services Market is expected to be worth USD 10.7 billion by 2030, with a CAGR of 10.8% from 2023 to 2030.The IT asset management (ITAM) services industry is expanding rapidly as businesses see the value of effective IT asset monitoring, management, and cost optimization. ITAM services include methods and solutions for monitoring and controlling an organization’s IT assets over their entire lifespan. Businesses are turning to ITAM services to simplify operations and cut costs as their dependence on digital infrastructure grows, as does the necessity for compliance with software licensing and security standards. The ITAM services industry will continue to grow as technology advances and organizations attempt to maximize the value of their IT investments.

Global IT Asset Management (ITAM) Services: Scope of the Report
Our comprehensive market analysis delves into the Global IT Asset Management (ITAM) Services Market, providing insights into its size, trends, and projections. The IT Asset Management (ITAM) Services Market report examines key drivers and restraints impacting the market dynamics, offering regional insights to inform strategic decision-making in response to evolving market trends.

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Global IT Asset Management (ITAM) Services Market: Segmental Analysis

IT Asset Management (ITAM) Services Market by Type:
Hardware and Software Asset Management
Cloud Asset Management
Digital Asset Management
Fixed Asset Management

IT Asset Management (ITAM) Services Market by Application:
Non-governmental Organizations (NGOs)

Regional Overview:
In terms of region, this report is segmented into several key regions, with sales, revenue, market share, and growth rate of IT Asset Management (ITAM) Services Market in these regions, from 2023 to 2030 covering

North America (United States, Canada, Mexico)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Rest of Asia Pacific)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and Rest of Europe)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East & Africa)

The Infinity Business Insights “Global IT Asset Management (ITAM) Services Market Report 2023” analyzes a IT Asset Management (ITAM) Services market at a regional or national level. The report examines regional factors such as government incentives, infrastructure development, economic conditions, and consumer behavior to identify variations and opportunities within different markets. Utilizing the gathered data and analyses, the IT Asset Management (ITAM) Services report formulates forecasts regarding the prospective trajectory of the IT Asset Management (ITAM) Services market. These projections might encompass growth estimations, anticipations of market requirements, and recognition of nascent trends.

IT Asset Management (ITAM) Services Market Challenges and Opportunities:
The IT Asset Management (ITAM) Services market faces challenges including software license compliance, data accuracy, and evolving technology landscapes. Ensuring accurate asset tracking and managing complex licensing terms is vital. Opportunities emerge from the demand for cost optimization and regulatory compliance. Efficiently managing IT assets can reduce expenses and improve productivity. Integrating AI and automation can enhance data accuracy and streamline processes. As technology evolves, the market can provide tailored solutions for managing cloud assets and software subscriptions. Addressing challenges can lead to improved cost management, compliance adherence, and efficient resource allocation in the dynamic IT environment.

Research Methodology:
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like supplier, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

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Extracts from Table of Content:

Chapter 1: Introduces the product scope, provides an overview of the IT Asset Management (ITAM) Services market, outlines estimation considerations, and specifies the base year.
Chapter 2: Profiles the leading IT Asset Management (ITAM) Services companies, detailing their prices, sales, revenue, and global market shares for the period 2023 to 2030.
Chapter 3: Delves into the competitive landscape of IT Asset Management (ITAM) Services, focusing on sales quantities, revenue, and global market shares of the top manufacturers through a comprehensive comparative analysis.
Chapter 4: Presents IT Asset Management (ITAM) Services breakdown data on a regional basis, showcasing sales quantities, consumption values, and growth across regions from 2023 to 2030.
Chapters 5 and 6: Segment sales by type and application, offering sales market shares and growth rates for each type and application between 2023 and 2030.
Chapters 7, 8, 9, 10, and 11: Provide a country-level breakdown of sales data, featuring sales quantities, consumption values, and market shares for key countries worldwide, spanning the period.
Additionally, these chapters offer a forecast for the IT Asset Management (ITAM) Services market by regions, types, and applications, with sales and revenue projections from 2023 to 2030.
Chapter 12: Encompasses market dynamics, drivers, restraints, trends, a Porters Five Forces analysis, and an assessment of the impact of COVID-19 and the Russia-Ukraine War.
Chapter 13: Explores the essential raw materials, key suppliers, and the industry chain related to IT Asset Management (ITAM) Services.
Chapters 14 and 15: Detail the IT Asset Management (ITAM) Services sales channels, distributors, customers, research discoveries, and conclusions.

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