How big is the IT Asset Management Market?

The IT Asset Management Market size is expected to reach USD 1.97 billion in 2024 and grow at a CAGR of 6.32% to reach USD 2.68 billion by 2029. Read More

What is the current IT Asset Management Market size?

In 2024, the IT Asset Management Market size is expected to reach USD 1.97 billion. Read More

Who are the key players in IT Asset Management Market?

Dell Inc., Microsoft Corporation, IBM Corporation, BMC Software Inc. and HP Inc. are the major companies operating in the IT Asset Management Market. Read More

Which is the fastest growing region in IT Asset Management Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IT Asset Management Market?

In 2024, the North America accounts for the largest market share in IT Asset Management Market. Read More

What years does this IT Asset Management Market cover, and what was the market size in 2023?

In 2023, the IT Asset Management Market size was estimated at USD 1.85 billion. The report covers the IT Asset Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the IT Asset Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IT Asset Management Market - Size, Share & Industry Growth

IT Asset Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The IT Asset Management Software Market Report is Segmented by Type (Hardware and Software), Deployment Type (On-Premise and Cloud), Enterprise Size (Small and Medium and Large), End-User Industry (IT and Telecom, BFSI, Healthcare, Retail, Manufacturing, Government, and Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Value Terms (USD) for all the Above Segments.

IT Asset Management Industry Overview

The market for IT asset management is fragmented, with many new players continuously entering the market. This is because every industry is embracing handing over the control and administration of IT assets to another vendor due to a lack of time and resources in one's own company.

February 2024: Geotab Inc., a provider of connected transportation solutions, launched the Geotab GO Anywhere asset tracker. This hardware solution is designed to enhance how firms manage and monitor their assets across a range of sectors, including shipping & supply chain, mining, transportation, construction, and government.
April 2023: Trimble launched its latest enterprise asset management solution designed for electric utilities worldwide to improve their service reliability and operational success. Trimble Unity AMS enables utilities to manage the complete lifecycle of their asset infrastructure, from permits and construction to operations, maintenance, and replacement.