Software Asset Management Market – Global 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.
ソフトウェア資産管理市場は、2024年の35億米ドルから2029年までに73億米ドルに、予測期間中に16.0%のCAGRで成長すると予想されています。
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.
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.