The North America Software Composition Analysis Market is projected to witness market growth of 17.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Others Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $23.71 millions by 2031. The Canada market is experiencing a CAGR of 19.7% during 2024-2031. Additionally, the Mexico market would exhibit CAGR of 19.3% during 2024-2031.
Software composition analysis (SCA) plays a pivotal role in modern software development by managing and securing the various components that make up software applications, especially those derived from open-source or third-party sources. SCA’s applications are broad and vital for ensuring software systems' security, compliance, and quality.
SCA tools scan software components, including open-source libraries and third-party dependencies, to identify known security vulnerabilities. These vulnerabilities are cataloged in databases maintained by organizations like the National Vulnerability Database (NVD) or other cybersecurity entities.
The rapid growth of e-commerce in Mexico has led to an increased reliance on online payment systems. SCA tools are essential for analyzing and securing payment gateways used by e-commerce platforms. These tools ensure that payment software components are free from vulnerabilities and comply with industry security standards, protecting against fraud and data breaches. The domestic e-commerce industry was valued at USD 26.2 billion in 2022, a 23% increase from 2021, per the International Trade Administration (ITA).
Based on Distribution Channel, the market is segmented into Indirect Sales, and Direct Sales. Based on Application, the market is segmented into Agriculture, Forestry, and Others. Based on Type, the market is segmented into Liquid, Powder, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Others Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $23.71 millions by 2031. The Canada market is experiencing a CAGR of 19.7% during 2024-2031. Additionally, the Mexico market would exhibit CAGR of 19.3% during 2024-2031.
Software composition analysis (SCA) plays a pivotal role in modern software development by managing and securing the various components that make up software applications, especially those derived from open-source or third-party sources. SCA’s applications are broad and vital for ensuring software systems' security, compliance, and quality.
SCA tools scan software components, including open-source libraries and third-party dependencies, to identify known security vulnerabilities. These vulnerabilities are cataloged in databases maintained by organizations like the National Vulnerability Database (NVD) or other cybersecurity entities.
The rapid growth of e-commerce in Mexico has led to an increased reliance on online payment systems. SCA tools are essential for analyzing and securing payment gateways used by e-commerce platforms. These tools ensure that payment software components are free from vulnerabilities and comply with industry security standards, protecting against fraud and data breaches. The domestic e-commerce industry was valued at USD 26.2 billion in 2022, a 23% increase from 2021, per the International Trade Administration (ITA).
Based on Distribution Channel, the market is segmented into Indirect Sales, and Direct Sales. Based on Application, the market is segmented into Agriculture, Forestry, and Others. Based on Type, the market is segmented into Liquid, Powder, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Synopsys, Inc.
- Sonatype, Inc.
- White Source Ltd. (Mend)
- Veracode, Inc. (Thoma Bravo)
- Flexera Software LLC
- Contrast Security, Inc.
- nexB Inc.
- Snyk Limited
- Checkmarx Ltd.
- FOSSA, Inc.
Market Report Segmentation
By Deployment
- Cloud
- On-Premise
By Component
- Solution
- Services
- Professional Services
- Managed Services
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
By End-use
- BFSI
- Government & Defense
- Healthcare
- IT & Telecom
- Automotive
- Manufacturing
- Retail & eCommerce
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. North America Software Composition Analysis Market by Deployment
Chapter 6. North America Software Composition Analysis Market by Component
Chapter 7. North America Software Composition Analysis Market by Enterprise Size
Chapter 8. North America Software Composition Analysis Market by End-use
Chapter 9. North America Software Composition Analysis Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Synopsys, Inc.
- Sonatype, Inc.
- White Source Ltd. (Mend)
- Veracode, Inc. (Thoma Bravo)
- Flexera Software LLC
- Contrast Security, Inc.
- nexB Inc.
- Snyk Limited
- Checkmarx Ltd.
- FOSSA, Inc.
Methodology
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