The North America Software Asset Management Market is expected to witness market growth of 15.5% CAGR during the forecast period (2021-2027).
The growing requirement for better management of the lifecycle of assets is estimated to surge the growth of the software asset management market during the forecast period. In addition, factors like the rising number of audits in a company, huge spending on the licenses and over compliances, and the complicated nature of the licensing schemes, is expected to fuel the growth of the market.
Virtualization and cloud solutions are the major technological trends happening in the software asset management market, which is expected to create lucrative opportunities for the key market players in the coming years.
Software asset management helps companies to manage their wide array of software, their licenses and help them to avoid overbuying different software. The rising digitalization and virtualization across the world are creating more demand for advanced management solutions, which is expected to surge the demand for software asset management solutions in this region.
The Solution market dominated the North America Software Asset Management Market by Component 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $1,092 million by 2027. The Services market is expected to witness a CAGR of 17.7% during (2021 - 2027).
Based on Component, the market is segmented into solutions and services. Based on Deployment Type, the market is segmented into On-premise, and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on End User, the market is segmented into Manufacturing, BFSI, IT & Telecom, Healthcare, Retail & Ecommerce, Government, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
Market Segments Covered in the Report:
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 Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- 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
Methodology
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