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IT Asset Management Software in the US Procurement Price, Data and Insights
IT asset management (ITAM) software tracks information regarding existing hardware and software inventory, which is used to discover new methods that maximize the life of existing IT assets. By studying the life cycle of their technology assets, businesses are able to automate much of their asset management, optimize future IT purchases, and eliminate wasteful IT assets.
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What’s included in this market coverage
IBISWorld's research coverage on the IT Asset Management Software procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the IT Asset Management Software market in the United States includes Hardware Asset Management Services, Software Asset Management Services, Digital Asset Management Services and Enterprise Asset Management Services. Standard coding in this coverage includes ISIC-582-Software publishing, NACE-58.29-Other Software Publishing, NAICS-513210-Software Publishers and UNSPSC-43233701-Enterprise system management software.
What common market terminology is included?
Common market terminology included in the IT Asset Management Software procurement coverage includes IT Asset (Any software, hardware, or system owned by a business that is used in the course of operations.), Software as a Service (SaaS) (A model of software deployment wherein a vendor sells licenses or subscriptions to a particular software.), Software as a Product (SaaP) (A model of software deployment wherein the physical copy of a software system is rented out or sold to the buyer for a one-time fee.), Asset Life Cycle (The period of time over which an asset is useful.) and Configuration Management Database (CMDB) (A database storing the key information regarding the technology assets owned by a company. The CMDB helps manage relationships among various devices across departments and is the main feature of ITAM software.).
What companies are included as top suppliers?
The top companies covered in the IT Asset Management Software procurement report as suppliers are Nortonlifelock Inc., Hewlett Packard Enterprise Co, Broadcom Inc., Oracle Corporation and International Business Machines Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the IT Asset Management Software market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per year, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the IT Asset Management Software market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting IT Asset Management Software procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on IT Asset Management Software market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the IT Asset Management Software market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for IT Asset Management Software?
The 2026 benchmark market price for IT Asset Management Software is $65000 per year. Prices have increased at a CAGR of 2.49 from 2023-26.
Who are the top vendors in the IT Asset Management Software market?
The top vendors in the IT Asset Management Software market include Nortonlifelock Inc., Hewlett Packard Enterprise Co, Broadcom Inc., Oracle Corporation and International Business Machines Corporation.
What industries supply the IT Asset Management Software market?
The top industries supplying the IT Asset Management Software market are Computer Manufacturing in the US, Circuit Board & Electronic Component Manufacturing in the US, Office Supply Stores in the US, Art & Office Supply Manufacturing in the US, Software Publishing in the US and Intellectual Property Licensing in the US.
What is the supply chain risk for IT Asset Management Software?
Diversified upstream sourcing keeps supply chain risk minimal. Vendors in this market rely on a range of upstream technology providers, including computer manufacturers, semiconductor suppliers, and peripheral equipment firms. Consistent global demand for these inputs supports reliable availability and lowers exposure to disruption. Buyers benefit from this stability, enabling procurement teams to prioritize software capabilities and contract flexibility over concerns about input-related risks.
What factors affect the price of IT Asset Management Software?
Features in IT asset management software, such as automated asset discovery, compliance tracking, and AI-driven predictive analytics, significantly influence pricing. For example, a solution with machine learning-based optimization for asset lifecycle management may be priced higher than basic tracking software due to its ability to enhance efficiency and reduce IT expenditures.
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