The Asia Pacific Software Composition Analysis Market is projected to witness market growth of 19.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Software Composition Analysis Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $84.04 millions by 2031. The Japan market is registering a CAGR of 18.2% during 2024-2031. Additionally, the India market would showcase a CAGR of 20.1% during 2024-2031.
Beyond simply identifying vulnerabilities, SCA tools assess the potential risk associated with each vulnerability based on factors such as severity, exploitability, and the component’s role in the application.
Additionally, this risk assessment helps prioritize remediation efforts and allocate resources effectively. SCA tools provide recommendations for remediating vulnerabilities, including updating or replacing vulnerable components. Automated patch management features can streamline the process of applying security patches and updates, reducing the time it takes to address vulnerabilities.
transformation, increasing financial inclusion, and technological advancements. This growth has a significant impact on the software composition analysis market. India’s banking sector has long been considered one of the most stable. Between FY 16 and FY 21, the percentage of people having bank accounts jumped from 53% to 78%. Over 1.6 lakh bank branches exist, roughly 15 branches per 100,000 people. A network of 2.17 lakh ATMs, 47% located in rural and semi-urban regions, further supports this.
Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Component, the market is segmented into Solution and Services (Professional Services and Managed Services). Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on End-use, the market is segmented into BFSI, Government & Defense, Healthcare, IT & Telecom, Automotive, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Software Composition Analysis Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $84.04 millions by 2031. The Japan market is registering a CAGR of 18.2% during 2024-2031. Additionally, the India market would showcase a CAGR of 20.1% during 2024-2031.
Beyond simply identifying vulnerabilities, SCA tools assess the potential risk associated with each vulnerability based on factors such as severity, exploitability, and the component’s role in the application.
Additionally, this risk assessment helps prioritize remediation efforts and allocate resources effectively. SCA tools provide recommendations for remediating vulnerabilities, including updating or replacing vulnerable components. Automated patch management features can streamline the process of applying security patches and updates, reducing the time it takes to address vulnerabilities.
transformation, increasing financial inclusion, and technological advancements. This growth has a significant impact on the software composition analysis market. India’s banking sector has long been considered one of the most stable. Between FY 16 and FY 21, the percentage of people having bank accounts jumped from 53% to 78%. Over 1.6 lakh bank branches exist, roughly 15 branches per 100,000 people. A network of 2.17 lakh ATMs, 47% located in rural and semi-urban regions, further supports this.
Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Component, the market is segmented into Solution and Services (Professional Services and Managed Services). Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on End-use, the market is segmented into BFSI, Government & Defense, Healthcare, IT & Telecom, Automotive, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Asia Pacific Software Composition Analysis Market by Deployment
Chapter 6. Asia Pacific Software Composition Analysis Market by Component
Chapter 7. Asia Pacific Software Composition Analysis Market by Enterprise Size
Chapter 8. Asia Pacific Software Composition Analysis Market by End-use
Chapter 9. Asia Pacific 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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