Global Software Asset Management (SAM) Market research report delivers a comprehensive analysis of the market outlook, regulatory framework, and macro- and micro-economic factors influencing the growth of the market. The report is formulated through extensive research and surveys to offer accurate and authentic information about the market size, market share, product portfolio, revenue generation, and projected market growth. The report offers key insights into the competitive and regional landscape of the market to assist the stakeholders and investors in formulating strategic business plans.
The global Software Asset Management (SAM) market size was USD 2.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increasing need for businesses to manage and optimize the distribution, acquisition, use, maintenance, and disposal of software programs, cost savings on software purchases, and rising requirement to manage audits and adhere to regulatory norms are key factors driving market revenue growth. SAM is a business process that includes managing and enhancing purchase, maintenance, deployment, utilization, and discarding of numerous software applications within an enterprise.
SAM t enhances cost-savings, reduces risk of penalties and license audit, and improves licensing optimization and security and utilization of software assets. In addition, latest advancement of Artificial Intelligence (AI) due to major advantages of enhanced predictive maintenance, optimized asset allocation, streamlined processes, improved safety and compliance, and enhanced lifespan of asset is another key factor driving revenue growth of the market.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Key Points of Software Asset Management (SAM) Market:
- Extensive coverage of the analysis of the Software Asset Management (SAM) market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Software Asset Management (SAM) market
- Complete data about the key manufacturers and vendors in the Software Asset Management (SAM) market
The report sheds light on the region expected to dominate the Software Asset Management (SAM) market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Software Asset Management (SAM) market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Leading Companies of the Software Asset Management (SAM) Industry and Profiled in the Report are:
Scalable, Matrix42 GmbH, Flexera, Ivanti, BMC Software, Inc., Snow Software, USU Software AG, Certero, Eracent, and Belarc, Inc
The global Software Asset Management (SAM) market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Software Asset Management (SAM) market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Software Asset Management (SAM) market.
Component Outlook (Revenue, USD Billion; 2019-2032)
- License Management
- Audit and Compliance
- Software Discovery, Optimization, and Metering
- Contract Management
- Configuration Management
- Professional Services
- Managed Services
Deployment Outlook (Revenue, USD Billion; 2019-2032)
- On- Premises
Organization Size Outlook (Revenue, USD Billion; 2019-2032)
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
The report, additionally, presents a comprehensive analysis of the key elements of the Software Asset Management (SAM) market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
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