Market Highlights

The software asset management market is projected to grow at a CAGR of 14.18% during the forecast period 2018–2023. As per the software asset management market research report, the global market for software asset management is anticipated to grow rapidly by US$2.45 Billion by 2023. As per analysts, the need for managing the lifecycle of digital assets along with the growing demand for securing both software and hardware will drive the market growth throughout the forecast period. The software asset management market research report provides an in-depth analysis of the global software asset management market and its deployment type, component, organization size, and vertical segments. The lack of awareness among SMEs as well as technical limitations are the factors which could affect the software asset management market growth during the forecast period. The software asset management market research report by expert analysts is intended to help companies in the software asset management market.

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Some notable players in the SAM market include Aspera Technologies (US), BMC Software (US), CA Technologies (US), Microsoft (US), Symantec (US), Certero (UK), Cherwell Software (US), Flexera (US), IBM (US), Ivanti (US),Micro Focus (UK), Scalable Software (US), ServiceNow (US), CloudFabrix Software Inc.(U.S), and Snow Software (Sweden).

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for software asset management are primarily covered in the global software asset management market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level software asset management markets are covered in the report. In Asia-Pacific (APAC) region, the country-level software asset management markets covered are China, India, Japan, and others. The software asset management market research report also covers the regional market for software asset management spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The software asset management market research report further explores other regional markets from the rest of the world including software asset management markets of the Middle East and Africa. As per the global software asset management market research report.

Competitive Landscape

Cost-effective offerings are expected to accelerate the software asset management market growth worldwide. The global software asset management market is set to witness challenges including information scarcity, however, companies in the software asset management market will sustain the growth rate. The software asset management market research report also offers company profiles of key players operating in the software asset management market around the world. Additionally, the global software asset management market report provides detailed analysis of the market based on primary and secondary research data collected from the software asset management market’s key decision makers as well as stakeholders. The software asset management market research report covers all such factors assisting companies in the software asset management market to improve their plans and portfolio.

 Segmentation:

The global Software Asset Management Solution Market has been segmented based on deployment type, component, organization size, and vertical. On the basis of deployment type, the market for software asset management is segmented based on on-premise, & cloud. Additionally, the market on the basis of component, is segmented into solution, & services. The global market for software asset management is also covered based on organization size segment which is further split into small and medium, large. On the basis of verticals, the market for software asset management is segmented based on BFSI, healthcare, IT & telecommunication, retail.

Key influences such as lack of proper training could obstruct the software asset management market growth. However, as per the software asset management market research report, high emphasis on improving IT operations productivity as well as more focus on enhancing cybersecurity will drive growth during the forecast period. These key growth factors will help support the software asset management market growth at a high CAGR. The segmental analysis of deployment type, component, organization size, and vertical segments as well as regional market analysis has been presented in the global software asset management market research report. Analysts studying the software asset management market have presented projections in the software asset management market research report assisting software asset management market-based companies in numerous ways. The software asset management market research report offers crucial details about the software asset management market based on the data and forecasts till 2023.

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 Industry News

The first investment in equities from the Boston growth equity company Equality Asset Management and Chicago-based First Research was announced by PCMI (Policy Claims Management Internacional), one of the leading providers of automobile, customer and industrial warranty and service management software. In terms of decision management, claims management, risk management and financial product management, PCMI provides modern software solutions.

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