The global Software Asset Management (SAM) market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Moreover, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Software Asset Management (SAM) market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

 

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 also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Software Asset Management (SAM) industry. The market intelligence report is a prototype of the 360° overview of the global Software Asset Management (SAM) industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.

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The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

Report Objective:

The report offers a complete analysis of the global Software Asset Management (SAM) market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Scalable, Matrix42 GmbH, Flexera, Ivanti, BMC Software, Inc., Snow Software, USU Software AG, Certero, Eracent, and Belarc, Inc

Market Dynamics:

The report offers insightful information about the market dynamics of the Software Asset Management (SAM) market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Software Asset Management (SAM) market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Software Asset Management (SAM) market.

Software Asset Management (SAM) Market Segmentation:

 

  • Component Outlook (Revenue, USD Billion; 2019-2032)

    • Solution
      1. License Management
      2. Audit and Compliance
      3. Software Discovery, Optimization, and Metering
      4. Contract Management
      5. Configuration Management
      6. Others
    • Services
      1. Professional Services
      2. Managed Services

 

 

  • Deployment Outlook (Revenue, USD Billion; 2019-2032)

    • On- Premises
    • Cloud

 

 

  • Organization Size Outlook (Revenue, USD Billion; 2019-2032)

    • Large Enterprises
    • Small and Medium-sized Enterprises (SMEs)

 

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Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key point summary of the report:

  • The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
  • The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
  • The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
  • The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

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