Albany, NY -- (SBWIRE) -- 08/18/2016 -- ITAM software allows organizations to efficiently manage their computer hardware and software inventories, correlate assets to contracts and financial records such as software licenses and equipment leases, and detect and prevent IT and regulatory risks to their various technology components. The software ensures that all of the IT systems in the organization are operating efficiently. The software includes tools to detect any failure in IT systems, including servers, storage and networking devices, software suites, and PCs.

Technavios analysts forecast the global IT asset management (ITAM) market to grow at a CAGR of 7.52% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global IT asset management (ITAM) market for 2016-2020. To calculate the market size, the report covers the present scenario and prospects of the global ITAM market for the period 2016-2020. Also, it focuses on the major drivers of the market. In addition, it outlines the challenges faced by vendors and the market at large, as well as the key emerging trends.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global IT Asset Management (ITAM) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
CA Technologies
IBM
Oracle
SolarWinds
BMC
Snow Software
Livingstone

Other prominent vendors
Agiloft
Axios
Cherwell
Eracent
Express Metrix
Freshservice
HP
Innotas
InvGate
iQuate
Kaseya
LabTech
Landesk
Provance
Samanage
ServiceNow
Symantec
SysAid
Vector Networks

Market driver
Increased regulatory compliance on software asset licenses
For a full, detailed list, view our report

Market challenge
Interoperability issues and lack of comprehensive integration strategy
For a full, detailed list, view our report

Market trend
Bundled offerings specific to enterprise requirements
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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