Sep 2018 - Market Forecast - Doc # US44254818
Worldwide IT Asset Management Software Forecast, 2018–2022: Asset Management Accelerates as Digital Transformation Changes What Assets Must Be Managed
This IDC study presents a five-year forecast for the worldwide IT asset management software market as of August 2018. This study updates the previous forecast published in Worldwide IT Asset Management Software Forecast, 2017–2021 (IDC #US42511617, May 2017). Refer back to Figure 1 for a summary snapshot of the five-year forecast showing annual market revenue, annual growth percentages, and breakouts by regions. CAGRs are shown for the total market and by region. Refer to Table 1 for the worldwide IT asset management software revenue forecast for 2017–2022 by public cloud and on-premise/other software.
"IT asset management can be a strategic differentiator for companies that seek to actively balance investment, revenue to expense, and return," says Shannon Kalvar, research manager, IT Service Management and Client Virtualization, IDC. "The current focus on reactive software asset management (SAM) and asset utilization is only the first step in enabling the use of selected assets to alter a company's competitive landscape."