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Software asset management market to hit 14.8% CAGR by 2022

IT Market Research

This research profiles top players in the software asset management market such as Aspera Technologies (US), BMC Software (US), CA Technologies (US), Certero (UK), Cherwell Software (US), Flexera (US), IBM (US), Ivanti (US), Micro Focus (UK), Microsoft (US), Scalable Software (US), Service Now(US), Snow Software (Sweden), and Symantec (US).

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Software asset management market to grow from USD 1.06 Billion in 2016 to 2.32 Billion by 2022. The global market is expected to grow at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period.

The forecast period has been considered from 2017 to 2022, while 2016 has been considered as the base year for estimating the market size.

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Premium Insights

1 Attractive Market Opportunities in the Software Asset Management Market

2 Market By Component

3 Market By Deployment Type

4 Market By Organization Size

5 Market By Industry Vertical and Region

Competitive Landscape

1 Overview

2 Market Ranking

3 Competitive Scenario

4 New Product and Service Launches/Product Upgradations

5 Business Expansions

6 Mergers and Acquisitions

7 Partnerships and Collaborations

The main objective of Software asset management market report is to define, describe, and forecast the software asset management market by component (solutions and services), deployment type, organization size, industry vertical, and region. The report provides detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market.

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Report forecasts Software asset management market size with respect to 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America. The report also profiles key players and comprehensively analyzes their core competencies.

Moreover, this report tracks and analyzes competitive developments, like mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in market.

Key Target Audience

  • Software asset management providers
  • Regulators
  • Professional service providers
  • Managed Service Providers (MSPs)
  • System integrators
  • Cloud platform providers
  • Resellers and distributors
  • Investors and venture capitalists
  • Third-party software vendors

Evolution of software asset management solutions has transformed the way organizations operate in competitive business environment. IT leaders are concerned about the increasing cost of software, and are trying to ensure audit-readiness to avoid unbudgeted penalty expenses for license non-compliance.

North America and Europe are expected to be major contributors to the software asset management market in terms of revenue.

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The software asset management market has been segmented by component (solutions and services), deployment type, organization size, industry vertical, and region. The report would help market leaders/new entrants in this market in the following ways:

The report segments the software asset management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers have been further split across different industry verticals and regions.

The report would enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help firms in garnering a greater market share.

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