Software Asset Management Market Size Share, Growth Analysis, by Offering (Solutions (License Management, Audit & Compliance Management, Contract Management), and Services), Deployment Mode, Vertical and Region - Global Industry Forecast to 2029
The software asset management market is expected to grow from USD 3.5 billion in 2024 to USD 7.3 billion by 2029, at a CAGR of 16.0% during the forecast period. The software asset management market has gradually gained traction across various sectors, including BFSI, government, manufacturing, retail, energy, and technology, by integrating comprehensive asset tracking, advanced analytics, and real-time optimization capabilities. These software asset management solutions offer end-to-end management, including license compliance, usage monitoring, cost optimization, and cybersecurity enhancement. Organizations are increasingly adopting software asset management to improve operational efficiency, meet regulatory requirements, and maximize the value of their software investments. The solutions segment primarily includes platforms for asset discovery, license management, and optimization, supported by AI, automation, and integration with existing IT systems.
'As per the organization size, SMEs are expected to hold the highest growth rate during the forecast period. '
Organizations with an employee strength of less than 1,000 are termed SMEs. These enterprises are adopting low-cost and easily scalable solutions. While having smaller IT environments, SMEs still benefit significantly from software asset management. They often have limited IT budgets and resources, making cost optimization and risk management even more critical. However, SMEs might prefer more straightforward and cost-effective software asset management solutions.
The software asset management market for SMEs is expanding rapidly, driven by the need for cost optimization, compliance with licensing agreements, and the growing complexity of IT environments due to digital transformation. SMEs, which often operate with limited IT budgets and resources, benefit significantly from software asset management by reducing unnecessary software expenses, mitigating compliance risks, and optimizing software usage. Trends such as integrating software asset management with IT Service Management (ITSM) systems, adopting automation and AI for more efficient asset management, and shifting to subscription-based licensing models are particularly relevant for SMEs. According to Flexera, 93% of organizations have some form of software asset management program, reflecting its critical importance. The SME market is expected to grow, with a projected CAGR of 17.1% from 2024 to 2029, underscoring its increasing relevance for SMEs seeking to streamline operations and enhance IT governance.
'As per verticals, the manufacturing segment will hold the largest market share during the forecast period. '
Several noteworthy trends drive the manufacturing and software asset management market. First comes automation and digitization. Manufacturers are increasingly using the Internet of Things, AI, and machine learning to minimize production and maintenance time. In that respect, implementing software asset management solutions aids in managing and optimizing software licenses for better compliance and cost reduction. Cloud-based software asset management is also vastly deployed, as it is easy, fast, and scalable. Furthermore, there is a growing interest in cybersecurity, as digital assets may not be jeopardized within an interlaced production environment. All these trends enhance operational efficiency, cost control, and security related to the manufacturing process.
The manufacturing segment increasingly seeks software asset management solutions to improve software utilization, ensure compliance, and minimize associated costs. As companies look to rationalize their software inventory and manage licenses efficiently, the market for software asset management in manufacturing grows. Some key vendors offering end-to-end software asset management solutions include IBM, Microsoft, ServiceNow, Flexera, Snow Software, and Ivanti. These vendors provide industrial-strength software asset management across IT environments, enabling manufacturers to improve operational efficiency and lower the risks related to software audits through features such as automated license tracking, compliance reporting, and asset lifecycle management.
“Based on region, the Asia Pacific region will grow at the highest growth rate during the forecast period.”
The software asset management market in the Asia Pacific region, encompassing countries like Singapore, India, Indonesia, Taiwan, and South Korea, is experiencing substantial growth. The need for regulatory compliance, cost optimization, and digital transformation initiatives primarily drives this surge. Organizations in these areas increasingly adopt software asset management solutions to manage software assets efficiently, reduce compliance risks, and enhance IT operational effectiveness.
The rapid digitalization across various sectors and a strong focus on cybersecurity and data protection propel the demand for robust software asset management practices. Companies seek to handle the complexity of IT environments and optimize software expenditures, leading to a growing adoption of software asset management solutions. Regulatory pressures and the necessity for efficient IT asset management further boost this trend.
The software asset management market in Asia-Pacific is projected to grow at a higher rate due to the increasing adoption rate of digital technologies and the rising requirement for the proper management of IT assets. According to recent reports, it will likely rise further by a CAGR of nearly 18% over the next few years. This surge is attributed to the expanding IT infrastructure across industries, heightened awareness regarding software asset management's advantages, and stringent software compliance regulatory requirements. Some major economies like China, India, Japan, and Australia presently lead the market, considering their rapid technological advancement and massive investments in IT infrastructure.
As per findings, cybersecurity has become a significant investment priority for organizations in the Asia Pacific region. The region's security spending has steadily grown due to rising cyber threats; this heightened focus on cybersecurity underscores the importance of effective software asset management in safeguarding digital assets and ensuring compliance. Local vendors like Noventiq are pivotal in this market, offering comprehensive services such as inventory analysis, legal compliance checks, and process development to integrate software asset management into business practices.
The breakup of the profiles of the primary participants is below:
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
Some of the significant vendors offering software asset management solutions across the globe include.
Flexera (US), Snow Software (Sweden), USU Software AG (Germany), Ivanti (US), BMC Software (US), ServiceNow (US), Certero (UK), Matrix42 (Germany), Broadcom (US), and Eracent (US)
Research coverage:
The market study covers the software asset management market across segments. It aims to estimate the market size and the growth potential of this market across different market segments, such as offering, deployment model, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall software asset management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
'As per the organization size, SMEs are expected to hold the highest growth rate during the forecast period. '
Organizations with an employee strength of less than 1,000 are termed SMEs. These enterprises are adopting low-cost and easily scalable solutions. While having smaller IT environments, SMEs still benefit significantly from software asset management. They often have limited IT budgets and resources, making cost optimization and risk management even more critical. However, SMEs might prefer more straightforward and cost-effective software asset management solutions.
The software asset management market for SMEs is expanding rapidly, driven by the need for cost optimization, compliance with licensing agreements, and the growing complexity of IT environments due to digital transformation. SMEs, which often operate with limited IT budgets and resources, benefit significantly from software asset management by reducing unnecessary software expenses, mitigating compliance risks, and optimizing software usage. Trends such as integrating software asset management with IT Service Management (ITSM) systems, adopting automation and AI for more efficient asset management, and shifting to subscription-based licensing models are particularly relevant for SMEs. According to Flexera, 93% of organizations have some form of software asset management program, reflecting its critical importance. The SME market is expected to grow, with a projected CAGR of 17.1% from 2024 to 2029, underscoring its increasing relevance for SMEs seeking to streamline operations and enhance IT governance.
'As per verticals, the manufacturing segment will hold the largest market share during the forecast period. '
Several noteworthy trends drive the manufacturing and software asset management market. First comes automation and digitization. Manufacturers are increasingly using the Internet of Things, AI, and machine learning to minimize production and maintenance time. In that respect, implementing software asset management solutions aids in managing and optimizing software licenses for better compliance and cost reduction. Cloud-based software asset management is also vastly deployed, as it is easy, fast, and scalable. Furthermore, there is a growing interest in cybersecurity, as digital assets may not be jeopardized within an interlaced production environment. All these trends enhance operational efficiency, cost control, and security related to the manufacturing process.
The manufacturing segment increasingly seeks software asset management solutions to improve software utilization, ensure compliance, and minimize associated costs. As companies look to rationalize their software inventory and manage licenses efficiently, the market for software asset management in manufacturing grows. Some key vendors offering end-to-end software asset management solutions include IBM, Microsoft, ServiceNow, Flexera, Snow Software, and Ivanti. These vendors provide industrial-strength software asset management across IT environments, enabling manufacturers to improve operational efficiency and lower the risks related to software audits through features such as automated license tracking, compliance reporting, and asset lifecycle management.
“Based on region, the Asia Pacific region will grow at the highest growth rate during the forecast period.”
The software asset management market in the Asia Pacific region, encompassing countries like Singapore, India, Indonesia, Taiwan, and South Korea, is experiencing substantial growth. The need for regulatory compliance, cost optimization, and digital transformation initiatives primarily drives this surge. Organizations in these areas increasingly adopt software asset management solutions to manage software assets efficiently, reduce compliance risks, and enhance IT operational effectiveness.
The rapid digitalization across various sectors and a strong focus on cybersecurity and data protection propel the demand for robust software asset management practices. Companies seek to handle the complexity of IT environments and optimize software expenditures, leading to a growing adoption of software asset management solutions. Regulatory pressures and the necessity for efficient IT asset management further boost this trend.
The software asset management market in Asia-Pacific is projected to grow at a higher rate due to the increasing adoption rate of digital technologies and the rising requirement for the proper management of IT assets. According to recent reports, it will likely rise further by a CAGR of nearly 18% over the next few years. This surge is attributed to the expanding IT infrastructure across industries, heightened awareness regarding software asset management's advantages, and stringent software compliance regulatory requirements. Some major economies like China, India, Japan, and Australia presently lead the market, considering their rapid technological advancement and massive investments in IT infrastructure.
As per findings, cybersecurity has become a significant investment priority for organizations in the Asia Pacific region. The region's security spending has steadily grown due to rising cyber threats; this heightened focus on cybersecurity underscores the importance of effective software asset management in safeguarding digital assets and ensuring compliance. Local vendors like Noventiq are pivotal in this market, offering comprehensive services such as inventory analysis, legal compliance checks, and process development to integrate software asset management into business practices.
The breakup of the profiles of the primary participants is below:
- By Company: Tier I: 25%, Tier II: 30%, and Tier III: 45%
- By Designation: C-Level Executives: 25%, Director Level: 45%, and Others: 30%
- By Region: North America: 32%, Europe: 22%, Asia Pacific: 28%, Rest of World: 18%
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
Some of the significant vendors offering software asset management solutions across the globe include.
Flexera (US), Snow Software (Sweden), USU Software AG (Germany), Ivanti (US), BMC Software (US), ServiceNow (US), Certero (UK), Matrix42 (Germany), Broadcom (US), and Eracent (US)
Research coverage:
The market study covers the software asset management market across segments. It aims to estimate the market size and the growth potential of this market across different market segments, such as offering, deployment model, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall software asset management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (multi-cloud environments pose complexities that require effective software asset management practices to optimize software investments, avoid over-licensing, and ensure compliance with licensing agreements), opportunities (organizations across the globe are prioritizing environmental responsibility to reduce their carbon footprint and promote sustainable practices, software asset management solutions can play a crucial role in this transition by optimizing software usage, thereby reducing energy consumption and electronic waste), and challenges (while these solutions offer substantial long-term benefits, such as optimized software usage, improved compliance, and enhanced security, quantifying these advantages in the short term can be challenging; this poses a considerable barrier for organizations contemplating investment in software asset management, particularly those focused on immediate financial performance).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the software asset management market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the software asset management market across varied regions.
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the software asset management market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and business processes offered in the software asset management market of leading players like Flexera (US), Snow Software (Sweden), USU Software AG (Germany), Ivanti (US), BMC Software (US), among others in the software asset management market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2019–2023
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.7.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SOFTWARE ASSET MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary interviews
2.1.2.2 Key insights from industry experts
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 SOFTWARE ASSET MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 6 SOFTWARE ASSET MANAGEMENT MARKET: RESEARCH FLOW
2.3.3 MARKET ESTIMATION APPROACHES
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FROM SUPPLY SIDE
FIGURE 9 BOTTOM-UP APPROACH FROM SUPPLY SIDE: COLLECTIVE REVENUE OF VENDORS
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY – SUPPLY SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION
FIGURE 11 DEMAND-SIDE APPROACH: SOFTWARE ASSET MANAGEMENT MARKET
2.4 MARKET FORECAST
TABLE 2 FACTOR ANALYSIS
2.5 RECESSION IMPACT ON SOFTWARE ASSET MANAGEMENT MARKET
2.6 RESEARCH ASSUMPTIONS
2.7 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 GLOBAL SOFTWARE ASSET MANAGEMENT MARKET TO WITNESS SIGNIFICANT GROWTH
FIGURE 13 SOFTWARE ASSET MANAGEMENT MARKET: FASTEST-GROWING SEGMENTS, 2024–2029
FIGURE 14 SOFTWARE ASSET MANAGEMENT MARKET: REGIONAL SNAPSHOT
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOFTWARE ASSET MANAGEMENT MARKET
FIGURE 15 INCREASING DEMAND FOR REGULATORY COMPLIANCE AND GROWING COMPLEXITY OF SOFTWARE LICENSING MODELS TO DRIVE MARKET
4.2 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING
FIGURE 16 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.3 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION
FIGURE 17 LICENSE MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE
FIGURE 18 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.5 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL
FIGURE 19 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
4.6 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE
FIGURE 20 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.7 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL
FIGURE 21 MANUFACTURING VERTICAL TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.8 SOFTWARE ASSET MANAGEMENT MARKET: REGIONAL SCENARIO
FIGURE 22 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 SOFTWARE ASSET MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing need to manage and optimize software assets
FIGURE 24 MAJOR BENEFITS DRIVING SOFTWARE ASSET MANAGEMENT MARKET
5.2.1.2 Rising need to manage audits and meet regulatory compliances
5.2.1.3 Proliferation of multicloud adoption
5.2.1.4 Growing focus on remote workforce management driving software asset management market
5.2.1.5 Rising spending on software
FIGURE 25 ANNUAL SOFTWARE-AS-A-SERVICE SPEND
5.2.1.6 Rising IT investments across industries
5.2.2 RESTRAINTS
5.2.2.1 High initial investment
5.2.2.2 Resistance to change and lack of awareness
5.2.3 OPPORTUNITIES
5.2.3.1 Rising trend of AI and ML incorporation with software asset management solutions
5.2.3.2 Expansion into emerging markets
5.2.3.3 Integration with ITSM
FIGURE 26 LEVEL OF INTERACTION BETWEEN SOFTWARE ASSET MANAGEMENT TEAM AND OTHER TEAMS
5.2.3.4 Expansion of IoT driving demand for software asset management tools
5.2.3.5 Increasing focus on sustainability and green IT practices
5.2.4 CHALLENGES
5.2.4.1 Dynamic software licensing models
5.2.4.2 Data privacy and security
5.2.4.3 Time-taking quantification of software asset management solutions
5.2.4.4 Difficulties with integration and implementation of software asset management with current technology changes
FIGURE 27 SOFTWARE ASSET MANAGEMENT CHALLENGES
5.2.4.5 Challenges regarding training staff
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 28 SOFTWARE ASSET MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.5 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION
TABLE 3 INDICATIVE PRICING ANALYSIS OF SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION
5.6 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ORGANIZATION SIZE
5.7 SUPPLY CHAIN ANALYSIS
FIGURE 29 SOFTWARE ASSET MANAGEMENT MARKET: SUPPLY CHAIN ANALYSIS
5.8 ECOSYSTEM
TABLE 4 SOFTWARE ASSET MANAGEMENT MARKET: ECOSYSTEM
FIGURE 30 KEY PLAYERS IN SOFTWARE ASSET MANAGEMENT MARKET ECOSYSTEM
5.9 TECHNOLOGY ANALYSIS
5.9.1 KEY TECHNOLOGIES
5.9.1.1 Cloud computing
5.9.1.2 Data analytics and BI tools
5.9.1.3 Integration with ITSM
5.9.2 COMPLEMENTARY TECHNOLOGIES
5.9.2.1 IoT
5.9.2.2 Cybersecurity
5.9.3 ADJACENT TECHNOLOGIES
5.9.3.1 AI/ML
5.9.3.2 Big data
5.10 PATENT ANALYSIS
FIGURE 31 NUMBER OF PATENTS PUBLISHED, 2013–2023
FIGURE 32 TOP 10 PATENT APPLICANTS (GLOBAL) IN 2023
TABLE 5 TOP 10 PATENT APPLICANTS
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.12 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATIONS, BY REGION
5.13.2.1 North America
5.13.2.2 Europe
5.13.2.3 Asia Pacific
5.13.2.4 Middle East & South Africa
5.13.2.5 Latin America
5.13.3 REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS
5.13.3.1 GDPR
5.13.3.2 SEC Rule 17a-4
5.13.3.3 ISO/IEC 27001
5.13.3.4 SOC 2 type II compliance
5.13.3.5 FINRA
5.13.3.6 FOIA
5.13.3.7 HIPAA
5.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 11 PORTER’S FIVE FORCES IMPACT ON SOFTWARE ASSET MANAGEMENT MARKET
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS: SOFTWARE ASSET MANAGEMENT MARKET
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 12 SOFTWARE ASSET MANAGEMENT MARKET: DETAILED LIST OF KEY CONFERENCES AND EVENTS IN 2024–2025
5.16 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.17 BUSINESS MODEL ANALYSIS
5.17.1 LICENSING MODEL
5.17.1.1 Perpetual licensing
5.17.1.2 Subscription-based licensing
5.17.1.3 Concurrent licensing
5.17.1.4 Open-source licensing
5.18 INVESTMENT & FUNDING SCENARIO
FIGURE 36 LEADING GLOBAL SOFTWARE ASSET MANAGEMENT MARKET VENDORS BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023
5.19 SOFTWARE ASSET MANAGEMENT MARKET: SOFTWARE ASSET TYPES
5.19.1 INTERNAL SOFTWARE ASSETS
5.19.1.1 Custom software
5.19.1.2 Legacy systems
5.19.1.3 Development tools and libraries
5.19.1.4 System software
5.19.2 EXTERNAL SOFTWARE ASSETS
5.19.2.1 Commercial Off-The-Shelf (COTS) software
5.19.2.2 Open-source software
5.19.2.3 SaaS
5.19.2.4 Freeware and shareware
5.20 SOFTWARE ASSET MANAGEMENT MARKET: AUTOMATION LEVELS
5.20.1 BASIC AUTOMATION
5.20.2 ADVANCED AUTOMATION
5.21 CASE STUDY ANALYSIS
5.21.1 ASTRAZENECA SAVED USD 2 MILLION IN LABOR COSTS WITH FLEXERA’S APP BROKER AND FLEXNET MANAGER SUITE
5.21.2 UNIPER STREAMLINED INCIDENT MANAGEMENT PROCESSES AND REDUCED INCIDENT VOLUMES WITH SERVICENOW’S SOLUTIONS
5.21.3 FLEXERA SOFTWARE ASSET MANAGEMENT HELPED SUVA CALCULATE COMPLIANCE AND ACHIEVE INCREASED TRANSPARENCY AND CONTROL
5.21.4 TELKOMSEL REDUCED 10% ON ORACLE SOFTWARE COSTS, CUT RISK, AND ENHANCED SERVICE CONTINUITY WITH SNOW SPEND OPTIMIZER
5.21.5 FIRST HORIZON CORPORATION MITIGATED RISK AND EFFECTIVELY MANAGED ASSETS WITH BROADCOM’S CA IT ASSET MANAGER
6 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERINGS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 37 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 14 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 15 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 SOLUTIONS
6.2.1 INCREASING COMPLEXITY OF SOFTWARE LICENSING, NEED FOR COMPLIANCE WITH REGULATORY STANDARDS, AND RISING INCIDENCE OF SOFTWARE AUDITS TO DRIVE MARKET
FIGURE 38 SOFTWARE DISCOVERY, OPTIMIZATION, AND MEETING SEGMENT TO GROW AT LARGEST MARKET DURING FORECAST PERIOD
TABLE 16 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 17 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 18 SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 19 SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 LICENSE MANAGEMENT
6.2.2.1 License optimization
6.2.2.2 License compliance
6.2.2.3 Software license discovery
6.2.2.4 License procurement & renewal management
6.2.2.5 License entitlement management
TABLE 20 LICENSE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 21 LICENSE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.3 AUDIT & COMPLIANCE MANAGEMENT
6.2.3.1 License compliance audit
6.2.3.2 Vendor audit management
6.2.3.3 Regulatory compliance management
6.2.3.4 Policy compliance monitoring
6.2.3.5 Penalty & risk management
TABLE 22 AUDIT & COMPLIANCE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 23 AUDIT & COMPLIANCE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.4 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING
6.2.4.1 Software discovery
6.2.4.1.1 Inventory discovery
6.2.4.1.2 Automatic discovery
6.2.4.1.3 Manual discovery
6.2.4.1.4 Discovery of shadow IT
6.2.4.2 Software optimization
6.2.4.2.1 Usage optimization
6.2.4.2.2 Cost optimization
6.2.4.2.3 Resource optimization
6.2.4.3 Software metering
6.2.4.3.1 Usage metering
6.2.4.3.2 Metering tools integration
6.2.4.3.3 Compliance metering
6.2.4.3.4 Cost metering
TABLE 24 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 25 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.5 CONTRACT MANAGEMENT
6.2.5.1 License agreements
6.2.5.2 Subscription contracts
6.2.5.3 Maintenance contracts
6.2.5.4 SLAs
6.2.5.5 Renewal contracts
6.2.5.6 Procurement solutions
TABLE 26 CONTRACT MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 27 CONTRACT MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.6 CONFIGURATION MANAGEMENT
6.2.6.1 Version control
6.2.6.2 Change management
6.2.6.3 Release management
6.2.6.4 Configuration item management
6.2.6.5 Patch management
TABLE 28 CONFIGURATION MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 29 CONFIGURATION MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.7 OTHER SOLUTIONS
TABLE 30 OTHER SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 31 OTHER SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SERVICES
6.3.1 PROVISION OF SUPPORT & MAINTENANCE SERVICES AND GROWING SHIFT TOWARD MANAGED SERVICES TO PROPEL MARKET
FIGURE 39 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 32 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 33 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 34 SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 35 SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2 PROFESSIONAL SERVICES
FIGURE 40 SUPPORT & TRAINING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 36 SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 37 SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 38 PROFESSIONAL SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 39 PROFESSIONAL SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.1 Consulting
TABLE 40 CONSULTING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 41 CONSULTING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.2 Support & training
TABLE 42 SUPPORT & TRAINING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 43 SUPPORT & TRAINING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.3 Deployment & integration
TABLE 44 DEPLOYMENT & INTEGRATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 45 DEPLOYMENT & INTEGRATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3 MANAGED SERVICES
TABLE 46 MANAGED SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 47 MANAGED SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
7 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL
7.1 INTRODUCTION
7.1.1 DEPLOYMENT MODELS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 41 CLOUD DEPLOYMENT MODEL TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 48 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 49 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
7.2 ON-PREMISES
7.2.1 CONCERNS REGARDING SECURITY AND COMPLIANCE TO FUEL DEMAND FOR ON-PREMISES SOFTWARE ASSET MANAGEMENT SOLUTIONS
TABLE 50 ON-PREMISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 51 ON-PREMISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 CLOUD
7.3.1 SCALABILITY, COST-EFFECTIVENESS, AND AI INTEGRATION TO SPUR DEMAND FOR CLOUD-BASED SOFTWARE ASSET MANAGEMENT SOLUTIONS
TABLE 52 CLOUD: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 53 CLOUD: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
8 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.1.1 ORGANIZATION SIZES: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 42 SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 54 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 55 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
8.2.1 NEED FOR COST OPTIMIZATION, COMPLIANCE WITH LICENSING AGREEMENTS, AND GROWING COMPLEXITY OF IT ENVIRONMENTS TO SPUR MARKET GROWTH
TABLE 56 SMALL AND MEDIUM-SIZED ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 57 SMALL AND MEDIUM-SIZED ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 LARGE ENTERPRISES
8.3.1 NEED TO DRIVE INNOVATION AND AGILITY TO BOOST DEMAND FOR SOFTWARE ASSET MANAGEMENT SOLUTIONS IN LARGE ENTERPRISES
TABLE 58 LARGE ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 59 LARGE ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL
9.1 INTRODUCTION
FIGURE 43 MANUFACTURING VERTICAL TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
9.1.1 VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
TABLE 60 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 61 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
9.2.1 NEED TO TRACK SOFTWARE USAGE, ENSURE LICENSE COMPLIANCE, OPTIMIZE COSTS, AND MITIGATE RISK OF PENALTIES TO ACCELERATE MARKET GROWTH
9.2.2 BFSI: USE CASES
9.2.2.1 Regulatory compliance & governance
9.2.2.2 Security & risk management
9.2.2.3 Inventory & asset management and disaster recovery & business continuity
TABLE 62 BFSI: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 63 BFSI: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 IT & ITES
9.3.1 INCREASING DEMAND FOR INTERNET CONNECTIVITY AND DIGITAL SERVICES TO BOOST MARKET GROWTH
9.3.2 IT & ITES: USE CASES
9.3.2.1 Regulatory compliance & governance
9.3.2.2 Cost optimization & financial management
9.3.2.3 Operational efficiency & productivity
TABLE 64 IT & ITES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 65 IT & ITES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 TELECOM
9.4.1 RISING INTERNET USERS, PROLIFERATION OF SOCIAL MEDIA-DRIVEN REAL-TIME EVENTS, AND NEED TO FACILITATE MANAGEMENT AND OPTIMIZATION OF SOFTWARE ASSETS TO PROPEL MARKET
9.4.2 TELECOM: USE CASES
9.4.2.1 Inventory management
9.4.2.2 Cost management
9.4.2.3 Compliance & risk management
9.4.2.4 Contract & vendor management
9.4.2.5 Other telecom use cases
TABLE 66 TELECOM: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 67 TELECOM: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 MANUFACTURING
9.5.1 NEED TO STREAMLINE IT INFRASTRUCTURE, ENHANCE PRODUCTIVITY, AND ENSURE COMPLIANCE WITH REGULATORY STANDARDS TO DRIVE MARKET
9.5.2 MANUFACTURING: USE CASES
9.5.2.1 Inventory management
9.5.2.2 Cost management
9.5.2.3 Compliance & risk management
9.5.2.4 Contract & vendor management
9.5.2.5 Other manufacturing use cases
TABLE 68 MANUFACTURING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 69 MANUFACTURING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 RETAIL & ECOMMERCE
9.6.1 RISING ONLINE RETAIL TRANSACTIONS AND DEMAND FOR SEAMLESS CUSTOMER EXPERIENCES TO FOSTER MARKET GROWTH
9.6.2 RETAIL & ECOMMERCE: USE CASES
9.6.2.1 Inventory management systems
9.6.2.2 Cost optimization
9.6.2.3 License compliance & optimization
9.6.2.4 Vendor management
9.6.2.5 Asset discovery & inventory management
TABLE 70 RETAIL & ECOMMERCE: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 71 RETAIL & ECOMMERCE: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 GOVERNMENT
9.7.1 SOFTWARE ASSET MANAGEMENT TO ENABLE GOVERNMENTS TO STREAMLINE IT OPERATIONS BY PROVIDING VISIBILITY INTO SOFTWARE INSTALLATIONS
9.7.2 GOVERNMENT: USE CASES
9.7.2.1 License compliance & optimization
9.7.2.2 Integration with ITSM
9.7.2.3 Cloud management
9.7.2.4 Compliance reporting & auditing
9.7.2.5 Cost management & budgeting
TABLE 72 GOVERNMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 73 GOVERNMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 HEALTHCARE & LIFE SCIENCES
9.8.1 NEED TO IMPROVE PATIENT CARE, ENHANCE RESEARCH CAPABILITIES, AND DRIVE INNOVATION IN MEDICAL TREATMENTS AND DIAGNOSTICS TO SPUR MARKET GROWTH
9.8.2 HEALTHCARE & LIFE SCIENCES: USE CASES
9.8.2.1 EHR management
9.8.2.2 Clinical trials management
9.8.2.3 Medical imaging software
9.8.2.4 Pharmaceutical R&D
9.8.2.5 Telemedicine & remote patient monitoring
9.8.2.6 Healthcare analytics & big data management
9.8.2.7 Other healthcare & life science use cases
TABLE 74 HEALTHCARE & LIFE SCIENCES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 HEALTHCARE & LIFE SCIENCES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.9 EDUCATION
9.9.1 EDUCATIONAL INSTITUTIONS TO UTILIZE SOFTWARE ASSET MANAGEMENT SOLUTIONS TO OPTIMIZE RESOURCE MANAGEMENT AND ELEARNING SUPPORT
9.9.2 EDUCATION: USE CASES
9.9.2.1 License management
9.9.2.2 Audit & compliance management
9.9.2.3 Software discovery & optimization
TABLE 76 EDUCATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 77 EDUCATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.10 MEDIA & ENTERTAINMENT
9.10.1 HIGH FOCUS ON EFFICIENT CONTENT MANAGEMENT AND REGULATORY COMPLIANCE TO FOSTER MARKET GROWTH
9.10.2 MEDIA & ENTERTAINMENT: USE CASES
9.10.2.1 Audit management
9.10.2.2 License management
9.10.2.3 Software optimization & metering
TABLE 78 MEDIA & ENTERTAINMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 MEDIA & ENTERTAINMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.11 OTHER VERTICALS
TABLE 80 OTHER VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 81 OTHER VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 44 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
TABLE 82 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10.1.1 NORTH AMERICA
10.1.2 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
10.1.3 NORTH AMERICA: RECESSION IMPACT
FIGURE 45 NORTH AMERICA: MARKET SNAPSHOT
TABLE 84 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 85 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 86 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 87 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 88 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 89 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 90 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 91 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 92 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 95 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 98 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 99 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
10.1.4 US
10.1.4.1 Huge investment in cloud infrastructure, IT automation, and security solutions to drive market
TABLE 100 US: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 101 US: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 102 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 103 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 104 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 105 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 106 US: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 107 US: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 108 US: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 109 US: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 110 US: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 111 US: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 112 US: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 113 US: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.1.5 CANADA
10.1.5.1 Increased investments in cloud infrastructure, government initiatives, and adoption of cloud-first strategies to spur market growth
TABLE 114 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 115 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 116 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 117 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 118 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 119 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 120 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 121 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 122 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 123 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 124 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 125 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 126 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 127 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 EUROPE
10.2.1 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
10.2.2 EUROPE: RECESSION IMPACT
TABLE 128 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 129 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 130 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 131 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 132 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 133 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 134 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 135 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 136 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 137 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 138 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 139 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 140 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 141 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 142 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 143 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
10.2.3 UK
10.2.3.1 Rising AI adoption, presence of diverse companies, and focus on optimizing IT investments to propel market
TABLE 144 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 145 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 146 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 147 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 148 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 149 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 150 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 151 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 152 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 153 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 154 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 155 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 156 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 157 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2.4 GERMANY
10.2.4.1 Presence of several SMEs, digitalization initiatives, and investments in cloud infrastructure to accelerate market growth
TABLE 158 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 159 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 160 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 161 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 162 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 163 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 164 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 165 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 166 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 167 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 168 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 169 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 170 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 171 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2019–2023
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.7.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 SOFTWARE ASSET MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary interviews
2.1.2.2 Key insights from industry experts
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 SOFTWARE ASSET MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 6 SOFTWARE ASSET MANAGEMENT MARKET: RESEARCH FLOW
2.3.3 MARKET ESTIMATION APPROACHES
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FROM SUPPLY SIDE
FIGURE 9 BOTTOM-UP APPROACH FROM SUPPLY SIDE: COLLECTIVE REVENUE OF VENDORS
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY – SUPPLY SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION
FIGURE 11 DEMAND-SIDE APPROACH: SOFTWARE ASSET MANAGEMENT MARKET
2.4 MARKET FORECAST
TABLE 2 FACTOR ANALYSIS
2.5 RECESSION IMPACT ON SOFTWARE ASSET MANAGEMENT MARKET
2.6 RESEARCH ASSUMPTIONS
2.7 LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 GLOBAL SOFTWARE ASSET MANAGEMENT MARKET TO WITNESS SIGNIFICANT GROWTH
FIGURE 13 SOFTWARE ASSET MANAGEMENT MARKET: FASTEST-GROWING SEGMENTS, 2024–2029
FIGURE 14 SOFTWARE ASSET MANAGEMENT MARKET: REGIONAL SNAPSHOT
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SOFTWARE ASSET MANAGEMENT MARKET
FIGURE 15 INCREASING DEMAND FOR REGULATORY COMPLIANCE AND GROWING COMPLEXITY OF SOFTWARE LICENSING MODELS TO DRIVE MARKET
4.2 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING
FIGURE 16 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.3 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION
FIGURE 17 LICENSE MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE
FIGURE 18 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.5 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL
FIGURE 19 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2029
4.6 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE
FIGURE 20 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.7 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL
FIGURE 21 MANUFACTURING VERTICAL TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.8 SOFTWARE ASSET MANAGEMENT MARKET: REGIONAL SCENARIO
FIGURE 22 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 SOFTWARE ASSET MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing need to manage and optimize software assets
FIGURE 24 MAJOR BENEFITS DRIVING SOFTWARE ASSET MANAGEMENT MARKET
5.2.1.2 Rising need to manage audits and meet regulatory compliances
5.2.1.3 Proliferation of multicloud adoption
5.2.1.4 Growing focus on remote workforce management driving software asset management market
5.2.1.5 Rising spending on software
FIGURE 25 ANNUAL SOFTWARE-AS-A-SERVICE SPEND
5.2.1.6 Rising IT investments across industries
5.2.2 RESTRAINTS
5.2.2.1 High initial investment
5.2.2.2 Resistance to change and lack of awareness
5.2.3 OPPORTUNITIES
5.2.3.1 Rising trend of AI and ML incorporation with software asset management solutions
5.2.3.2 Expansion into emerging markets
5.2.3.3 Integration with ITSM
FIGURE 26 LEVEL OF INTERACTION BETWEEN SOFTWARE ASSET MANAGEMENT TEAM AND OTHER TEAMS
5.2.3.4 Expansion of IoT driving demand for software asset management tools
5.2.3.5 Increasing focus on sustainability and green IT practices
5.2.4 CHALLENGES
5.2.4.1 Dynamic software licensing models
5.2.4.2 Data privacy and security
5.2.4.3 Time-taking quantification of software asset management solutions
5.2.4.4 Difficulties with integration and implementation of software asset management with current technology changes
FIGURE 27 SOFTWARE ASSET MANAGEMENT CHALLENGES
5.2.4.5 Challenges regarding training staff
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 28 SOFTWARE ASSET MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.5 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION
TABLE 3 INDICATIVE PRICING ANALYSIS OF SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION
5.6 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ORGANIZATION SIZE
5.7 SUPPLY CHAIN ANALYSIS
FIGURE 29 SOFTWARE ASSET MANAGEMENT MARKET: SUPPLY CHAIN ANALYSIS
5.8 ECOSYSTEM
TABLE 4 SOFTWARE ASSET MANAGEMENT MARKET: ECOSYSTEM
FIGURE 30 KEY PLAYERS IN SOFTWARE ASSET MANAGEMENT MARKET ECOSYSTEM
5.9 TECHNOLOGY ANALYSIS
5.9.1 KEY TECHNOLOGIES
5.9.1.1 Cloud computing
5.9.1.2 Data analytics and BI tools
5.9.1.3 Integration with ITSM
5.9.2 COMPLEMENTARY TECHNOLOGIES
5.9.2.1 IoT
5.9.2.2 Cybersecurity
5.9.3 ADJACENT TECHNOLOGIES
5.9.3.1 AI/ML
5.9.3.2 Big data
5.10 PATENT ANALYSIS
FIGURE 31 NUMBER OF PATENTS PUBLISHED, 2013–2023
FIGURE 32 TOP 10 PATENT APPLICANTS (GLOBAL) IN 2023
TABLE 5 TOP 10 PATENT APPLICANTS
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.12 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 REGULATIONS, BY REGION
5.13.2.1 North America
5.13.2.2 Europe
5.13.2.3 Asia Pacific
5.13.2.4 Middle East & South Africa
5.13.2.5 Latin America
5.13.3 REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS
5.13.3.1 GDPR
5.13.3.2 SEC Rule 17a-4
5.13.3.3 ISO/IEC 27001
5.13.3.4 SOC 2 type II compliance
5.13.3.5 FINRA
5.13.3.6 FOIA
5.13.3.7 HIPAA
5.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 11 PORTER’S FIVE FORCES IMPACT ON SOFTWARE ASSET MANAGEMENT MARKET
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS: SOFTWARE ASSET MANAGEMENT MARKET
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 12 SOFTWARE ASSET MANAGEMENT MARKET: DETAILED LIST OF KEY CONFERENCES AND EVENTS IN 2024–2025
5.16 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
5.17 BUSINESS MODEL ANALYSIS
5.17.1 LICENSING MODEL
5.17.1.1 Perpetual licensing
5.17.1.2 Subscription-based licensing
5.17.1.3 Concurrent licensing
5.17.1.4 Open-source licensing
5.18 INVESTMENT & FUNDING SCENARIO
FIGURE 36 LEADING GLOBAL SOFTWARE ASSET MANAGEMENT MARKET VENDORS BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023
5.19 SOFTWARE ASSET MANAGEMENT MARKET: SOFTWARE ASSET TYPES
5.19.1 INTERNAL SOFTWARE ASSETS
5.19.1.1 Custom software
5.19.1.2 Legacy systems
5.19.1.3 Development tools and libraries
5.19.1.4 System software
5.19.2 EXTERNAL SOFTWARE ASSETS
5.19.2.1 Commercial Off-The-Shelf (COTS) software
5.19.2.2 Open-source software
5.19.2.3 SaaS
5.19.2.4 Freeware and shareware
5.20 SOFTWARE ASSET MANAGEMENT MARKET: AUTOMATION LEVELS
5.20.1 BASIC AUTOMATION
5.20.2 ADVANCED AUTOMATION
5.21 CASE STUDY ANALYSIS
5.21.1 ASTRAZENECA SAVED USD 2 MILLION IN LABOR COSTS WITH FLEXERA’S APP BROKER AND FLEXNET MANAGER SUITE
5.21.2 UNIPER STREAMLINED INCIDENT MANAGEMENT PROCESSES AND REDUCED INCIDENT VOLUMES WITH SERVICENOW’S SOLUTIONS
5.21.3 FLEXERA SOFTWARE ASSET MANAGEMENT HELPED SUVA CALCULATE COMPLIANCE AND ACHIEVE INCREASED TRANSPARENCY AND CONTROL
5.21.4 TELKOMSEL REDUCED 10% ON ORACLE SOFTWARE COSTS, CUT RISK, AND ENHANCED SERVICE CONTINUITY WITH SNOW SPEND OPTIMIZER
5.21.5 FIRST HORIZON CORPORATION MITIGATED RISK AND EFFECTIVELY MANAGED ASSETS WITH BROADCOM’S CA IT ASSET MANAGER
6 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERINGS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 37 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 14 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 15 SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 SOLUTIONS
6.2.1 INCREASING COMPLEXITY OF SOFTWARE LICENSING, NEED FOR COMPLIANCE WITH REGULATORY STANDARDS, AND RISING INCIDENCE OF SOFTWARE AUDITS TO DRIVE MARKET
FIGURE 38 SOFTWARE DISCOVERY, OPTIMIZATION, AND MEETING SEGMENT TO GROW AT LARGEST MARKET DURING FORECAST PERIOD
TABLE 16 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 17 SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 18 SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 19 SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 LICENSE MANAGEMENT
6.2.2.1 License optimization
6.2.2.2 License compliance
6.2.2.3 Software license discovery
6.2.2.4 License procurement & renewal management
6.2.2.5 License entitlement management
TABLE 20 LICENSE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 21 LICENSE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.3 AUDIT & COMPLIANCE MANAGEMENT
6.2.3.1 License compliance audit
6.2.3.2 Vendor audit management
6.2.3.3 Regulatory compliance management
6.2.3.4 Policy compliance monitoring
6.2.3.5 Penalty & risk management
TABLE 22 AUDIT & COMPLIANCE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 23 AUDIT & COMPLIANCE MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.4 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING
6.2.4.1 Software discovery
6.2.4.1.1 Inventory discovery
6.2.4.1.2 Automatic discovery
6.2.4.1.3 Manual discovery
6.2.4.1.4 Discovery of shadow IT
6.2.4.2 Software optimization
6.2.4.2.1 Usage optimization
6.2.4.2.2 Cost optimization
6.2.4.2.3 Resource optimization
6.2.4.3 Software metering
6.2.4.3.1 Usage metering
6.2.4.3.2 Metering tools integration
6.2.4.3.3 Compliance metering
6.2.4.3.4 Cost metering
TABLE 24 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 25 SOFTWARE DISCOVERY, OPTIMIZATION, AND METERING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.5 CONTRACT MANAGEMENT
6.2.5.1 License agreements
6.2.5.2 Subscription contracts
6.2.5.3 Maintenance contracts
6.2.5.4 SLAs
6.2.5.5 Renewal contracts
6.2.5.6 Procurement solutions
TABLE 26 CONTRACT MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 27 CONTRACT MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.6 CONFIGURATION MANAGEMENT
6.2.6.1 Version control
6.2.6.2 Change management
6.2.6.3 Release management
6.2.6.4 Configuration item management
6.2.6.5 Patch management
TABLE 28 CONFIGURATION MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 29 CONFIGURATION MANAGEMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.7 OTHER SOLUTIONS
TABLE 30 OTHER SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 31 OTHER SOLUTIONS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SERVICES
6.3.1 PROVISION OF SUPPORT & MAINTENANCE SERVICES AND GROWING SHIFT TOWARD MANAGED SERVICES TO PROPEL MARKET
FIGURE 39 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 32 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 33 SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 34 SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 35 SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2 PROFESSIONAL SERVICES
FIGURE 40 SUPPORT & TRAINING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 36 SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 37 SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 38 PROFESSIONAL SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 39 PROFESSIONAL SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.1 Consulting
TABLE 40 CONSULTING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 41 CONSULTING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.2 Support & training
TABLE 42 SUPPORT & TRAINING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 43 SUPPORT & TRAINING: SOFTWARE ASSET MANAGEMENT SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.3 Deployment & integration
TABLE 44 DEPLOYMENT & INTEGRATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 45 DEPLOYMENT & INTEGRATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3 MANAGED SERVICES
TABLE 46 MANAGED SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 47 MANAGED SERVICES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
7 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL
7.1 INTRODUCTION
7.1.1 DEPLOYMENT MODELS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 41 CLOUD DEPLOYMENT MODEL TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 48 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 49 SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
7.2 ON-PREMISES
7.2.1 CONCERNS REGARDING SECURITY AND COMPLIANCE TO FUEL DEMAND FOR ON-PREMISES SOFTWARE ASSET MANAGEMENT SOLUTIONS
TABLE 50 ON-PREMISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 51 ON-PREMISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 CLOUD
7.3.1 SCALABILITY, COST-EFFECTIVENESS, AND AI INTEGRATION TO SPUR DEMAND FOR CLOUD-BASED SOFTWARE ASSET MANAGEMENT SOLUTIONS
TABLE 52 CLOUD: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 53 CLOUD: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
8 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.1.1 ORGANIZATION SIZES: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
FIGURE 42 SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 54 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 55 SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
8.2.1 NEED FOR COST OPTIMIZATION, COMPLIANCE WITH LICENSING AGREEMENTS, AND GROWING COMPLEXITY OF IT ENVIRONMENTS TO SPUR MARKET GROWTH
TABLE 56 SMALL AND MEDIUM-SIZED ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 57 SMALL AND MEDIUM-SIZED ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 LARGE ENTERPRISES
8.3.1 NEED TO DRIVE INNOVATION AND AGILITY TO BOOST DEMAND FOR SOFTWARE ASSET MANAGEMENT SOLUTIONS IN LARGE ENTERPRISES
TABLE 58 LARGE ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 59 LARGE ENTERPRISES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL
9.1 INTRODUCTION
FIGURE 43 MANUFACTURING VERTICAL TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
9.1.1 VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
TABLE 60 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 61 SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
9.2.1 NEED TO TRACK SOFTWARE USAGE, ENSURE LICENSE COMPLIANCE, OPTIMIZE COSTS, AND MITIGATE RISK OF PENALTIES TO ACCELERATE MARKET GROWTH
9.2.2 BFSI: USE CASES
9.2.2.1 Regulatory compliance & governance
9.2.2.2 Security & risk management
9.2.2.3 Inventory & asset management and disaster recovery & business continuity
TABLE 62 BFSI: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 63 BFSI: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 IT & ITES
9.3.1 INCREASING DEMAND FOR INTERNET CONNECTIVITY AND DIGITAL SERVICES TO BOOST MARKET GROWTH
9.3.2 IT & ITES: USE CASES
9.3.2.1 Regulatory compliance & governance
9.3.2.2 Cost optimization & financial management
9.3.2.3 Operational efficiency & productivity
TABLE 64 IT & ITES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 65 IT & ITES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 TELECOM
9.4.1 RISING INTERNET USERS, PROLIFERATION OF SOCIAL MEDIA-DRIVEN REAL-TIME EVENTS, AND NEED TO FACILITATE MANAGEMENT AND OPTIMIZATION OF SOFTWARE ASSETS TO PROPEL MARKET
9.4.2 TELECOM: USE CASES
9.4.2.1 Inventory management
9.4.2.2 Cost management
9.4.2.3 Compliance & risk management
9.4.2.4 Contract & vendor management
9.4.2.5 Other telecom use cases
TABLE 66 TELECOM: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 67 TELECOM: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 MANUFACTURING
9.5.1 NEED TO STREAMLINE IT INFRASTRUCTURE, ENHANCE PRODUCTIVITY, AND ENSURE COMPLIANCE WITH REGULATORY STANDARDS TO DRIVE MARKET
9.5.2 MANUFACTURING: USE CASES
9.5.2.1 Inventory management
9.5.2.2 Cost management
9.5.2.3 Compliance & risk management
9.5.2.4 Contract & vendor management
9.5.2.5 Other manufacturing use cases
TABLE 68 MANUFACTURING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 69 MANUFACTURING: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 RETAIL & ECOMMERCE
9.6.1 RISING ONLINE RETAIL TRANSACTIONS AND DEMAND FOR SEAMLESS CUSTOMER EXPERIENCES TO FOSTER MARKET GROWTH
9.6.2 RETAIL & ECOMMERCE: USE CASES
9.6.2.1 Inventory management systems
9.6.2.2 Cost optimization
9.6.2.3 License compliance & optimization
9.6.2.4 Vendor management
9.6.2.5 Asset discovery & inventory management
TABLE 70 RETAIL & ECOMMERCE: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 71 RETAIL & ECOMMERCE: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 GOVERNMENT
9.7.1 SOFTWARE ASSET MANAGEMENT TO ENABLE GOVERNMENTS TO STREAMLINE IT OPERATIONS BY PROVIDING VISIBILITY INTO SOFTWARE INSTALLATIONS
9.7.2 GOVERNMENT: USE CASES
9.7.2.1 License compliance & optimization
9.7.2.2 Integration with ITSM
9.7.2.3 Cloud management
9.7.2.4 Compliance reporting & auditing
9.7.2.5 Cost management & budgeting
TABLE 72 GOVERNMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 73 GOVERNMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 HEALTHCARE & LIFE SCIENCES
9.8.1 NEED TO IMPROVE PATIENT CARE, ENHANCE RESEARCH CAPABILITIES, AND DRIVE INNOVATION IN MEDICAL TREATMENTS AND DIAGNOSTICS TO SPUR MARKET GROWTH
9.8.2 HEALTHCARE & LIFE SCIENCES: USE CASES
9.8.2.1 EHR management
9.8.2.2 Clinical trials management
9.8.2.3 Medical imaging software
9.8.2.4 Pharmaceutical R&D
9.8.2.5 Telemedicine & remote patient monitoring
9.8.2.6 Healthcare analytics & big data management
9.8.2.7 Other healthcare & life science use cases
TABLE 74 HEALTHCARE & LIFE SCIENCES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 HEALTHCARE & LIFE SCIENCES: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.9 EDUCATION
9.9.1 EDUCATIONAL INSTITUTIONS TO UTILIZE SOFTWARE ASSET MANAGEMENT SOLUTIONS TO OPTIMIZE RESOURCE MANAGEMENT AND ELEARNING SUPPORT
9.9.2 EDUCATION: USE CASES
9.9.2.1 License management
9.9.2.2 Audit & compliance management
9.9.2.3 Software discovery & optimization
TABLE 76 EDUCATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 77 EDUCATION: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.10 MEDIA & ENTERTAINMENT
9.10.1 HIGH FOCUS ON EFFICIENT CONTENT MANAGEMENT AND REGULATORY COMPLIANCE TO FOSTER MARKET GROWTH
9.10.2 MEDIA & ENTERTAINMENT: USE CASES
9.10.2.1 Audit management
9.10.2.2 License management
9.10.2.3 Software optimization & metering
TABLE 78 MEDIA & ENTERTAINMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 MEDIA & ENTERTAINMENT: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
9.11 OTHER VERTICALS
TABLE 80 OTHER VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 81 OTHER VERTICALS: SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 44 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
TABLE 82 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 SOFTWARE ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)
10.1.1 NORTH AMERICA
10.1.2 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
10.1.3 NORTH AMERICA: RECESSION IMPACT
FIGURE 45 NORTH AMERICA: MARKET SNAPSHOT
TABLE 84 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 85 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 86 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 87 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 88 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 89 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 90 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 91 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 92 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 95 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 98 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 99 NORTH AMERICA: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
10.1.4 US
10.1.4.1 Huge investment in cloud infrastructure, IT automation, and security solutions to drive market
TABLE 100 US: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 101 US: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 102 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 103 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 104 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 105 US: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 106 US: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 107 US: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 108 US: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 109 US: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 110 US: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 111 US: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 112 US: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 113 US: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.1.5 CANADA
10.1.5.1 Increased investments in cloud infrastructure, government initiatives, and adoption of cloud-first strategies to spur market growth
TABLE 114 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 115 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 116 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 117 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 118 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 119 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 120 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 121 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 122 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 123 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 124 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 125 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 126 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 127 CANADA: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 EUROPE
10.2.1 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET DRIVERS
10.2.2 EUROPE: RECESSION IMPACT
TABLE 128 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 129 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 130 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 131 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 132 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 133 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 134 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 135 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 136 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 137 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 138 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 139 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 140 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 141 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 142 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 143 EUROPE: SOFTWARE ASSET MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
10.2.3 UK
10.2.3.1 Rising AI adoption, presence of diverse companies, and focus on optimizing IT investments to propel market
TABLE 144 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 145 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 146 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 147 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 148 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 149 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 150 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 151 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 152 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 153 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 154 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 155 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 156 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 157 UK: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2.4 GERMANY
10.2.4.1 Presence of several SMEs, digitalization initiatives, and investments in cloud infrastructure to accelerate market growth
TABLE 158 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 159 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 160 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)
TABLE 161 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)
TABLE 162 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 163 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 164 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 165 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 166 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2019–2023 (USD MILLION)
TABLE 167 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2024–2029 (USD MILLION)
TABLE 168 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 169 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 170 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 171 GERMANY: SOFTWARE ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
