Global IT Asset Management market cagr 15.2%

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IT Asset Management Market

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IT Asset Management Market Size and Growth

The IT Asset Management market is experiencing significant growth, driven by increasing demand for efficient resource management and compliance. The market size is projected to reach approximately $22 billion by 2027, reflecting a CAGR of around 10%. Current conditions emphasize cloud integration and automation for enhanced operational efficiency and cost savings. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ CA Technologies

◍ IBM

◍ Oracle

◍ SolarWinds

◍ BMC

◍ Snow Software

◍ Livingstone

◍ Agiloft

◍ Axios

◍ Cherwell

◍ Eracent

◍ Express Metrix

◍ Freshservice

◍ HP

◍ Innotas

◍ InvGate

◍ iQuate

◍ Kaseya

The IT Asset Management Market features key players like CA Technologies, IBM, and Oracle, offering solutions to optimize IT resources and reduce costs. Companies leverage advanced tools for asset tracking and compliance, driving market growth. For instance, ServiceNow reported $1.85 billion in revenue, while IBM's software segment earned $25.5 billion.

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Market Segmentation

By Application

Enterprises

Government

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By Product

Cloud deployed

On-premises

Market Growth

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$ X Billion USD

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