Software Asset Management Market Forecast 2024-2030: Key Trends and Growth Opportunities
Projection of Revenue Growth:
The Software Asset Management Market was valued at USD 2.73 Bn. in 2023 and is expected to reach USD 8.21 Bn. by 2030, at a CAGR of 17% during a forecast period.
Software Asset Management Market Overview:
Leading research company Maximize Market Research has released an extensive analysis on the "Software Asset Management Market." A thorough examination of price, demand, business insights, and the competitive environment is provided in this research. It provides estimates for the projected term and covers the foundation year of the market.
Software Asset Management Market Scope:
A thorough overview of the Software Asset Management Market business, including a breakdown of the many Software Asset Management Market and their subsets, is provided in the Software Asset Management Market report. Primary and secondary research approaches are used to collect the data. The research offers projections for the Software Asset Management Market based on current market trends and scenarios for both product and geographic categories. This study offers a thorough analysis of the global Software Asset Management Market with a particular emphasis on the specifics of the major companies, such as their product offerings, costs, portfolios, yearly revenue ranges, expansion plans, and geographic reach.
Software Asset Management Market Regional Insights:
In 2023, Asia Pacific maintained its position as the second most prominent region. The growing uptake and application of contemporary technologies including cloud-based services, artificial intelligence, the Internet of Things, and big data analytics is propelling the regional market. Developing economies such as China and India are also found in the Asia Pacific area, offering significant opportunities for the deployment of asset management systems and services. Cloud-based solutions are usually quite affordable, thus the demand for them is being driven by the large number of SMEs in the region.
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Segment Covered in the Software Asset Management Market:
In 2023, the solution category had the biggest market share based on components. The Global Positioning System (GPS), barcodes, labels, mobile computers, Real-Time Location Systems (RTLS), and other items are further separated inside the solution segment. The solution segment is growing market share with the help of the barcode section. In numerous industries and industry verticals, such as healthcare, logistics, food and beverage, and consumer goods, image-based barcode scanners are gradually gaining traction because of their 2D code-reading skills, long-term dependability, and multiple code-reading abilities.
by Component
Services
Solution
by Deployment Model
Cloud
On-Premises
by Organization Size
Large Enterprises
Small & Medium Enterprises
by Vertical
Government
BFSI
Healthcare & Life sciences
Retail & Consumer Goods
Telecom & IT
Manufacturing
Media & Entertainment
Education
Others
List of the Key Players in the Software Asset Management Market:
1. Snow Software
2. Flexera
3. USU Software AG
4. Ivanti
5. BMC Software
6. ServiceNow
7. Certero
8. Matrix42
9. Broadcom
10. Eracent
11. Scalable Software
12. Belarc
13. IBM
14. Micro Focus
15. Microsoft
16. ManageEngine
17. Xensam
18. InvGate
19. Symphony SummitAI
20. 1E
21. Open iT
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Key questions answered in the Software Asset Management Market are:
- What is Software Asset Management Market?
- What was the market size of Software Asset Management Market?
- What is the growth rate of the Software Asset Management Market?
- What factors are expected to drive growth in the Software Asset Management Market?
- What are the different segments within the Software Asset Management Market?
- What strategies are companies considering to enhance their presence in the Software Asset Management Market?
- What are the emerging industry applications and trends in the Software Asset Management Market?
- What recent trends in the industry could create additional revenue opportunities in the Software Asset Management Market?
- Who are the leading companies in the Software Asset Management Market, and what are their key offerings?
- Which segments are included in the Software Asset Management Market?
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