Press release
Software Asset Management Market Size, Trends, Revenue Share Analysis, Forecast, 2020–2027
The Software Asset Management Market is expected to reach USD 3.92 Billion by 2026, according to a new report by Reports and Data. Enterprise collaboration allows employees in an organization to share information along with work on projects from various geographic locations involving a combination of networking capabilities, software technologies, and collaborative methods. Techniques may include video conferencing, groupware, and document-sharing abilities. Several industry collaboration software tools have characteristics similar to those offered on successful social media sites.
Software Asset Management Market or SAM is a continuous and evolving method. It needs involvement from all levels of the organization, from the executive management team to each end-user. SAM is practiced by assuring that they do not include undesirable software onto a local computer system, by taking inventory of purchased products or by defining the purpose and goals of each software ecosystem in the organization.
There are three primary phases to SAM, which are reconciliation, review, reengineering and retooling. SAM enables control and accountability for spending and standards through user management and approval process which thereby results in best in class practice during the procurement phase. It allows control and responsibility for the retirement of IT/software assets managed by financial and physical objectives. It also includes planning and administration of the accomplishment of replacement/disposal of assets and a third-party contract for replacement/ disposal of IT assets.
Get a Sample Report PDF with Detail TOC & List of Figures@ https://www.reportsanddata.com/sample-enquiry-form/1637
Further key findings from the report suggest
• The Software Asset Management Market is estimated to reach USD 3.92 Billion by 2026, at a CAGR of 13.8% during the forecast period.
• The on premise deployment segment accounts for a larger share of 65.2% of the market in 2018.
• The IT and Telecom end user is anticipated to grow at the highest rate of 14.1% during the forecast period.
• The services segment is anticipated to grow at a higher rate of 14.1% during the forecast period.
• The SME’s end user segment is anticipated to grow at a higher rate of 14.1% during the forecast period.
• APAC is forecasted to be the fastest growing market with the highest rate of 14.1% during the forecast period.
• The drivers for the growth of this region are the presence of key players, favorable reimbursement policies, and rising use of technology.
• The growing commercial investments in the developing countries of the APAC region are anticipated to benefit from the growth of the market in the upcoming years. Additionally, the growing adoption of cloud and mobile technologies, and the increasing trend of outsourcing some operations to professional companies have led to the accelerated approval of software asset management solutions in APAC countries, such as China, India, and Australia.
• Various players are developing strategies to mark their presence in the industry.
• The Key players in the Software Asset Management Market include IBM, Micro Focus, Microsoft, Snow Software, Flexera, BMC Software, Ivanti, Certero, Servicenow, Aspera Technologies, Cherwell Software, Scalable Software, CA Technologies, Symantec
The report covers a comprehensive analysis of the impact of the COVID-19 pandemic on the global market. The pandemic has adversely impacted the businesses and industries due to stringent government policies on social restrictions, transportation bans, and disruption in production and product supply chains. The report provides a comprehensive analysis of the pandemic’s impact on the global market and offers key insights into ways to circumvent the negative effect of the pandemic.
Market Segmentation:
The global Software Asset Management market report covers a detailed analysis of the market segmentation to provide key insights into the scope of the market expansion. The global Software Asset Management market has been segregated on the basis of product types, applications, end-users, and key regions of the industry.
Deployment Outlook (Revenue, USD Million; 2018-2026)
• On-premises
• Cloud
Components Outlook (Revenue, USD Million; 2018-2026)
• Solutions
• Services
Organization Size Outlook (Revenue, USD Million; 2018-2026)
• Small and Medium Enterprises (SME’s)
• Large Enterprises
End User Outlook (Revenue, USD Million; 2018-2026)
• Manufacturing
• IT and Telecom
• BFSI
• Retail and Consumer Goods
• Others
Regional Analysis:
The regional bifurcation of the Software Asset Management market report is a comprehensive segment that covers a thorough analysis of the market dynamics and offers critical insights on import/export ratio, supply and demand dynamics, revenue share, market size, market share, industry analysis, production and consumption patterns, and the current and emerging trends of each region. The report also offers a country-wise analysis to confer a better understanding of the market.
The prominent geographical regions of the market include:
• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Avail this report at Attractive Discount rates! Click here to know more @https://www.reportsanddata.com/discount-enquiry-form/1637
Competitive Landscape:
The global Software Asset Management market report covers a comprehensive overview of the market’s competitive landscape, providing a detailed analysis of the company profile, product portfolio, market position, global network, revenue share, profit margins, technological and product advancements, and SWOT analysis of each player. The report also provides extensive insights into strategic business expansions such as mergers & acquisitions, collaborations, corporate deals, distribution partnerships, and product launches, among others.
Key Highlights from the Report:
• Detailed overview of the Software Asset Management market in the forecast years
• Accurate estimation through in-depth analysis of key market trends and features
• Extensive regional analysis and insights regarding the regions projected to exhibit lucrative growth
• Comprehensive analysis of the competitive landscape
• Study of the recent development and trends in the market
Highlights of the TOC:
Report Overview
1.1 Research Scope
1.2 Key Software Asset Management market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Software Asset Management market size
2.2 Latest Software Asset Management market trends
2.3 Key growth trends
Competitive Landscape
3.1 Global Software Asset Management market key players
3.2 Global Software Asset Management size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Software Asset Management market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Continue…
Browse Complete Report “Software Asset Management Market” @https://www.reportsanddata.com/report-detail/software-asset-management-market
Have a Look at Related Reports:
Container Orchestration Market Size @ https://www.reportsanddata.com/report-detail/container-orchestration-market
Data Historian Market Forecast @ https://www.reportsanddata.com/report-detail/data-historian-market
Smart Stadium Market Scope @ https://www.reportsanddata.com/report-detail/smart-stadium-market
Top 10 Leading Kids Tablet Companies @ https://reportsanddata.com/blog/top-10-leading-kids-tablet-companies-in-the-world
Top 10 Leading Smart Display Companies in the World @ https://reportsanddata.com/blog/top-10-leading-smart-display-companies-in-the-world-key-features-of-smart-displays
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Software Asset Management Market or SAM is a continuous and evolving method. It needs involvement from all levels of the organization, from the executive management team to each end-user. SAM is practiced by assuring that they do not include undesirable software onto a local computer system, by taking inventory of purchased products or by defining the purpose and goals of each software ecosystem in the organization.
There are three primary phases to SAM, which are reconciliation, review, reengineering and retooling. SAM enables control and accountability for spending and standards through user management and approval process which thereby results in best in class practice during the procurement phase. It allows control and responsibility for the retirement of IT/software assets managed by financial and physical objectives. It also includes planning and administration of the accomplishment of replacement/disposal of assets and a third-party contract for replacement/ disposal of IT assets.
Get a Sample Report PDF with Detail TOC & List of Figures@ https://www.reportsanddata.com/sample-enquiry-form/1637
Further key findings from the report suggest
• The Software Asset Management Market is estimated to reach USD 3.92 Billion by 2026, at a CAGR of 13.8% during the forecast period.
• The on premise deployment segment accounts for a larger share of 65.2% of the market in 2018.
• The IT and Telecom end user is anticipated to grow at the highest rate of 14.1% during the forecast period.
• The services segment is anticipated to grow at a higher rate of 14.1% during the forecast period.
• The SME’s end user segment is anticipated to grow at a higher rate of 14.1% during the forecast period.
• APAC is forecasted to be the fastest growing market with the highest rate of 14.1% during the forecast period.
• The drivers for the growth of this region are the presence of key players, favorable reimbursement policies, and rising use of technology.
• The growing commercial investments in the developing countries of the APAC region are anticipated to benefit from the growth of the market in the upcoming years. Additionally, the growing adoption of cloud and mobile technologies, and the increasing trend of outsourcing some operations to professional companies have led to the accelerated approval of software asset management solutions in APAC countries, such as China, India, and Australia.
• Various players are developing strategies to mark their presence in the industry.
• The Key players in the Software Asset Management Market include IBM, Micro Focus, Microsoft, Snow Software, Flexera, BMC Software, Ivanti, Certero, Servicenow, Aspera Technologies, Cherwell Software, Scalable Software, CA Technologies, Symantec
The report covers a comprehensive analysis of the impact of the COVID-19 pandemic on the global market. The pandemic has adversely impacted the businesses and industries due to stringent government policies on social restrictions, transportation bans, and disruption in production and product supply chains. The report provides a comprehensive analysis of the pandemic’s impact on the global market and offers key insights into ways to circumvent the negative effect of the pandemic.
Market Segmentation:
The global Software Asset Management market report covers a detailed analysis of the market segmentation to provide key insights into the scope of the market expansion. The global Software Asset Management market has been segregated on the basis of product types, applications, end-users, and key regions of the industry.
Deployment Outlook (Revenue, USD Million; 2018-2026)
• On-premises
• Cloud
Components Outlook (Revenue, USD Million; 2018-2026)
• Solutions
• Services
Organization Size Outlook (Revenue, USD Million; 2018-2026)
• Small and Medium Enterprises (SME’s)
• Large Enterprises
End User Outlook (Revenue, USD Million; 2018-2026)
• Manufacturing
• IT and Telecom
• BFSI
• Retail and Consumer Goods
• Others
Regional Analysis:
The regional bifurcation of the Software Asset Management market report is a comprehensive segment that covers a thorough analysis of the market dynamics and offers critical insights on import/export ratio, supply and demand dynamics, revenue share, market size, market share, industry analysis, production and consumption patterns, and the current and emerging trends of each region. The report also offers a country-wise analysis to confer a better understanding of the market.
The prominent geographical regions of the market include:
• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Avail this report at Attractive Discount rates! Click here to know more @https://www.reportsanddata.com/discount-enquiry-form/1637
Competitive Landscape:
The global Software Asset Management market report covers a comprehensive overview of the market’s competitive landscape, providing a detailed analysis of the company profile, product portfolio, market position, global network, revenue share, profit margins, technological and product advancements, and SWOT analysis of each player. The report also provides extensive insights into strategic business expansions such as mergers & acquisitions, collaborations, corporate deals, distribution partnerships, and product launches, among others.
Key Highlights from the Report:
• Detailed overview of the Software Asset Management market in the forecast years
• Accurate estimation through in-depth analysis of key market trends and features
• Extensive regional analysis and insights regarding the regions projected to exhibit lucrative growth
• Comprehensive analysis of the competitive landscape
• Study of the recent development and trends in the market
Highlights of the TOC:
Report Overview
1.1 Research Scope
1.2 Key Software Asset Management market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Software Asset Management market size
2.2 Latest Software Asset Management market trends
2.3 Key growth trends
Competitive Landscape
3.1 Global Software Asset Management market key players
3.2 Global Software Asset Management size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Software Asset Management market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Continue…
Browse Complete Report “Software Asset Management Market” @https://www.reportsanddata.com/report-detail/software-asset-management-market
Have a Look at Related Reports:
Container Orchestration Market Size @ https://www.reportsanddata.com/report-detail/container-orchestration-market
Data Historian Market Forecast @ https://www.reportsanddata.com/report-detail/data-historian-market
Smart Stadium Market Scope @ https://www.reportsanddata.com/report-detail/smart-stadium-market
Top 10 Leading Kids Tablet Companies @ https://reportsanddata.com/blog/top-10-leading-kids-tablet-companies-in-the-world
Top 10 Leading Smart Display Companies in the World @ https://reportsanddata.com/blog/top-10-leading-smart-display-companies-in-the-world-key-features-of-smart-displays
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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