Global IT Asset Lifecycle Management Service Market Growth (Status and Outlook) 2025-2031

According to this study, the global IT Asset Lifecycle Management Service market size will reach US$ 2481 million by 2031.

IT Asset Lifecycle Management Service (ITALM) is a structured management process for an organization's IT assets (covering hardware, software, cloud resources and digital infrastructure). It tracks and optimizes assets from procurement to final disposal to ensure that they support business operations with maximum efficiency, cost-effectiveness and security. This service helps enterprises reduce operating costs, reduce security risks and improve overall efficiency through identification, deployment, maintenance and decommissioning.

United States market for IT Asset Lifecycle Management Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for IT Asset Lifecycle Management Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for IT Asset Lifecycle Management Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key IT Asset Lifecycle Management Service players cover Meriplex, Iron Mountain, Hewlett Packard Enterprise (HPE), Excis, Zones, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “IT Asset Lifecycle Management Service Industry Forecast” looks at past sales and reviews total world IT Asset Lifecycle Management Service sales in 2024, providing a comprehensive analysis by region and market sector of projected IT Asset Lifecycle Management Service sales for 2025 through 2031. With IT Asset Lifecycle Management Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IT Asset Lifecycle Management Service industry.

This Insight Report provides a comprehensive analysis of the global IT Asset Lifecycle Management Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IT Asset Lifecycle Management Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IT Asset Lifecycle Management Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IT Asset Lifecycle Management Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IT Asset Lifecycle Management Service.

This report presents a comprehensive overview, market shares, and growth opportunities of IT Asset Lifecycle Management Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Procurement Management Service
Deployment Management Service
Maintenance Management Service
Decommissioning Management Service
Others

Segmentation by Application:
Hardware Assets
Software Assets
Cloud Resources
Digital Infrastructure
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Meriplex
Iron Mountain
Hewlett Packard Enterprise (HPE)
Excis
Zones
Certified NETS
Restore
ServiceNow
EOS IT Solutions
Multiply Technology
Quest Technology Management
Ivanti
CMS IT Services
ManageEngine
TechReset
IT Works
Vestone Capital

Please note: The report will take approximately 2 business days to prepare and deliver. Show more