Software asset management is defined as the combination of processor, technology as well as specialized knowledge through which software license risks can be managed and controlled. A major benefit of software assets management is cost savings and optimization, budgeting, best-fit licensing, security risk reduction, elimination of waste and redundancy, volume discounts, integration of other managed services, reduction in liability risks, among others.
Advance Market Analytics recently introduced Global Software Asset Management Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Software Asset Management Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.
The market for software asset management is anticipated to register a CAGR of over 15.2% during the forecast period.
Major Key Players in This Report Include,
IBM Corporation (United States), Freshworks Inc. (United States), Ivanti Software, Inc. (United States), SolarWinds Corporation (United States), Zoho Corporation (United States), Aspera, Inc. (United States), Snow Software Inc. (United States), Comparex AG (Germany), BMC Software, Inc. (United States) and SAP SE (Germany)
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Market Drivers
- Increasing Need to Manage the Life Cycle of Assets and Compliance-Readiness
Market Trend
- Improving your software license management and proven strategies for SAM in the cloud
Restraints
- Budget Constraints and Lack of Awareness among SMEs
Opportunities
- Rising Demand from Emerging Economic such as China and India
Challenges
- Lack of Transparency among Various Departments
This market research report looks into and analyzes the Global Software Asset Management Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Software Asset Management Market research report include SWOT analysis.
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The titled segments and Market Data Break Down are illuminated below:
By Industry: BFSI, IT & Telecom, Retail & Consumer Goods, Healthcare, Manufacturing, Government, Other
Services: Professional Services, Managed Services
Organization Size: Large Enterprises, Small and Medium Enterprises
Deployment: Cloud, On-Premise
Component: Software, Services
Solution: License Management, Audit and Compliance Management, Software Discovery, Optimization, Metering
Top Players in the Market are: IBM Corporation (United States), Freshworks Inc. (United States), Ivanti Software, Inc. (United States), SolarWinds Corporation (United States), Zoho Corporation (United States), Aspera, Inc. (United States), Snow Software Inc. (United States), Comparex AG (Germany), BMC Software, Inc. (United States) and SAP SE (Germany)
List of players also available in Coverage: Hewlett Packard Enterprise (United States), Microsoft Corporation (United States), VMware Inc. (United States), CA Technologies (United States), Hewlett-Packard Enterprises (United States) and Oracle Corporation (United States)
The regional analysis of Global Software Asset Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
The Global Software Asset Management Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
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Strategic Points Covered in Table of Content of Global Software Asset Management Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Software Asset Management market
Chapter 2: Exclusive Summary – the basic information of the Software Asset Management Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Software Asset Management
Chapter 4: Presenting the Software Asset Management Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Software Asset Management market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Software Asset Management Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Software Asset Management Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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