Software Asset Management Market Growth, Trends and Report Highlights

According to a new report Global Software Asset Management Market, published by KBV research, The Global Software Asset Management Market size is expected to reach $5,370.4 Million by 2027, rising at a market growth of 17.3% CAGR during the forecast period.

The services segment is expected to acquire a significant revenue share of the market during the forecasting period. SAM services help companies in evaluating, developing, and harnessing the potential of software asset management landscape to eliminate time wastage and effort on an unsuccessful deployment.

The on-premises deployment model is adopted particularly by large enterprises because the allotted budget of these enterprises is high for implementing software asset management software services and products in companies in comparison to SMEs.

SMEs utilize Solutions for optimization, software discovery, license management, and metering. All these aspects are anticipated to motivate a growing number SMEs to use Solutions & services at a high speed and thus, propelling the growth of the segment.

The healthcare segment is projected to record the highest growth rate over the forecast period. Healthcare & life sciences segment is among the rapidly-expanding verticals regarding the adoption of numerous innovative technologies and services related to the software asset management market.

The Asia Pacific is projected to display the highest growth rate over the forecast period due to the increasing advancements and high adoption of the latest technologies. Along with that, the rising IT spending of various companies across this region is one of the key aspects propelling the demand for software asset management services and solutions.

Full Report: https://www.kbvresearch.com/software-asset-management-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Snow Software AB, USU Software AG, Ivanti, Inc. (Clearlake Capital Group, L.P.), BMC Software, Inc., ServiceNow, Inc., Certero, Matrix42 AG (Corten Capital), Broadcom, Inc., Eracent, and Scalable Software.
Global Software Asset Management Market Segmentation

By Component
• Solutions
• Services

By Deployment Type
• On-premise
• Cloud

By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises

By End User
• Manufacturing
• BFSI
• IT & Telecom
• Healthcare
• Retail & Ecommerce
• Government
• Others

By Geography
• North America
• US
• Canada
• Mexico
• Rest of North America

Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled
• Snow Software AB
• USU Software AG
• Ivanti, Inc. (Clearlake Capital Group, L.P.)
• BMC Software, Inc.
• ServiceNow, Inc.
• Certero
• Matrix42 AG (Corten Capital)
• Broadcom, Inc.
• Eracent
• Scalable Software