Top 10 Hardware Asset Management Software - 2025

Looking for a hardware asset management software? You’re in the right place. We’ve put together the top 10 hardware asset management tools to consider in 2025 so you can quickly compare solutions and pick the one that fits your needs.

What is Hardware Asset Management Software?

According to Gartner, hardware asset management (HAM) tools are software applications used by enterprises to manage all types of hardware assets across locations and industries.

The purpose of hardware asset management software is to give organizations full visibility into the entire lifecycle of their hardware. This means being able to:

• Discover, identify, and track all assets across the company.
• Monitor the status of assets from procurement to retirement.
• Manage ownership and usage rights.
• Control costs, reduce risks, and ensure compliance.
• Integrate asset data with other IT and financial systems.

Simply put, hardware asset management software provides a centralized platform for managing physical assets efficiently, reducing waste, and improving decision-making.

Key Features of Hardware Asset Management Software

When evaluating IT hardware asset management solutions, it’s important to ensure the software covers the essential functionalities. Based on industry standards and expert research, these are the key features to look for:

1. Asset Discovery and Inventory: The software should automatically discover and catalog hardware assets across your network, including details like specifications, serial numbers, and locations. Both agent-based and agentless discovery methods are ideal for comprehensive visibility.
2. Lifecycle Management: A good HAM tool tracks assets from procurement to disposal, covering stages like arrival, storage, provisioning, use, transfer, maintenance, and retirement. This ensures accurate records and better planning.
3. Access and Role-Based Control: The software should allow you to govern who can view or manage assets based on their role, ensuring security and accountability.
4. Integration with Other Systems: Seamless integration with IT service management (ITSM), configuration management database (CMDB), procurement systems, and financial tools is critical for streamlined workflows and data sharing.

Learn more: ITAM vs. ITSM: Understanding the Core Differences 

5. Flexible Asset Assignment: The ability to assign assets to individuals, departments, or locations helps maintain clear ownership and accountability.
6. Scalability: The tool should handle growing numbers of assets and records as your organization expands, without performance issues.
7. Reporting and Analytics: Standardized and customizable reports, along with data export options, are essential for audits, compliance, and decision-making.
8. APIs and Tracking Technologies: Support for APIs, barcodes, QR codes, or RFID tags allows the software to integrate with other systems and track assets efficiently.

Learn more: QR, Barcode, or RFID: What’s the Best Fix for IT Inventory Tracking?

Top 10 Hardware Asset Management Software in 2025

Below is a list of 10 leading hardware asset management software tools, each with strengths suited to different organizational needs. The list is neutral and based on common industry evaluations with G2 rating collections:

1. AssetLoom

AssetLoom positions itself as a cost-effective and quality-focused IT asset management platform. It provides a single place to manage all IT hardware assets, from laptops to servers and peripherals.

Key Highlights:

• Full lifecycle management: procurement to retirement.
• Cloud-based platform with role-based access control.
• Scalable to handle growing asset records.
• API support for integrations with procurement and ITSM tools.
• Customizable reporting and standardized templates.

AssetLoom’s strength lies in its simplicity and affordability, making it suitable for organizations that want enterprise-level features without unnecessary complexity.

2. ServiceNow IT Asset Management

ServiceNow is widely known in IT service management, and its IT Asset Management module extends into hardware.

Key Highlights:

• Strong integration with ITSM and CMDB.
• Automated workflows for asset lifecycle.
• Real-time insights into usage and costs.
• Enterprise scalability.

Best suited for large organizations already using ServiceNow as their ITSM platform.

G2 Rating: 4.4/5 ⭐

3. Ivanti Neurons for ITAM

Ivanti combines hardware and software asset management into one suite.

Key Highlights:

• Automated asset discovery and tracking.
• Lifecycle and compliance management.
• Integration with IT service management tools.
• Custom dashboards and reporting.

Ivanti is particularly strong in compliance and governance features.

G2 Rating: 4.2/5 ⭐

4. ManageEngine AssetExplorer

A popular choice for mid-sized businesses, ManageEngine AssetExplorer is known for being user-friendly and affordable.

Key Highlights:

• Tracks hardware and software assets.
• Integrates with service desk and IT helpdesk tools.
• Asset lifecycle management with purchase orders.
• On-premises and cloud deployment options.

ManageEngine is often chosen by IT teams looking for a practical, budget-friendly solution.

G2 Rating: 4.3/5 ⭐

5. Freshservice (by Freshworks)

Freshservice offers a modern, intuitive platform with built-in asset management.

Key Highlights:

• Tracks hardware assets alongside ITSM workflows.
• Integrates with procurement and vendor management.
• Easy-to-use interface.
• Cloud-based with fast deployment.

A good option for organizations seeking an all-in-one IT service and asset management tool.

G2 Rating: 4.6/5 ⭐

6. Snipe-IT

Snipe-IT is an open-source asset management solution that has gained popularity for its flexibility.

Key Highlights:

• Web-based, open-source platform.
• Customizable to suit unique business needs.
• Supports barcodes, labels, and ownership assignment.
• Affordable hosting options.

Snipe-IT is ideal for smaller organizations or IT teams with development resources to customize the platform.

G2 Rating: 4.6/5 ⭐

7. SolarWinds Service Desk

SolarWinds Service Desk includes IT asset management features as part of its broader service desk solution.

Key Highlights:

• Automated asset discovery.
• Lifecycle and inventory management.
• Integrates with ITIL processes.
• Cloud-based for easy scalability.

Best for organizations that want IT asset management as part of a broader IT operations solution.

G2 Rating: 4.3/5 ⭐

8. Lansweeper

Lansweeper specializes in IT asset discovery and inventory management.

Key Highlights:

• Powerful network discovery tool.
• Centralized asset repository.
• Strong reporting capabilities.
• API integrations for external systems.

Lansweeper is a great fit for companies that need strong discovery and visibility capabilities.

G2 Rating: 4.4/5 ⭐

9. SysAid IT Asset Management

SysAid combines service management with asset tracking.

Key Highlights:

• Unified ITSM and asset management platform.
• Discovery agents for hardware and software.
• Asset lifecycle management and ownership tracking.
• Built-in reporting and compliance tools.

SysAid is well-suited for organizations seeking a single vendor for IT service and asset management.

G2 Rating: 4.5/5 ⭐

10. Asset Panda

Asset Panda is a flexible, mobile-friendly solution for tracking hardware and other assets.

Key Highlights:

• Mobile app with barcode scanning.
• Highly customizable workflows.
• Cloud-based with strong reporting options.
• Scalable across industries beyond IT.

Asset Panda works well for businesses that want flexibility and mobility in asset management.

G2 Rating: 3.9/5 ⭐

Choosing the Right Hardware Asset Management Software

The right HAM software depends on your organization’s size, budget, and existing IT ecosystem. Here are a few considerations before making a choice:

• If you need affordability with enterprise-grade features: AssetLoom or ManageEngine AssetExplorer are strong options.
• If you already use ITSM platforms: ServiceNow, SolarWinds, or Freshservice may integrate seamlessly.
• If you want customization and open-source flexibility: Snipe-IT is worth exploring.
• If strong discovery tools are essential: Lansweeper provides excellent visibility.

By mapping the features of each solution against your needs, you can ensure you select the platform that delivers the most value.

Final Thoughts

Choosing the right hardware asset management software comes down to your organization’s size, budget, and integration needs. The ten tools listed here cover a wide range of options, from enterprise platforms like ServiceNow to flexible, cost-effective solutions like AssetLoom. Every business is different, so review the features carefully and select the software that best supports your IT operations.