Market Overview:
The global software asset management tools market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for software asset management tools across different industries and regions. The web-based segment is expected to dominate the market during the forecast period, owing to its ease of use and low cost as compared to other types of software asset management tools. However, the installed segment is projected to grow at a higher CAGR than other segments during the forecast period, owing its ability manage and monitor software assets in an organization’s network infrastructure. The compliance tracking segment is expected to hold a major share of the global software asset management tools market during the forecast period, due its ability track license usage against contractual agreements and identify any noncompliance issues early on.
Product Definition:
Software Asset Management (SAM) tools are used to manage and track the software licenses in an organization. SAM tools can help organizations save money by identifying and removing software licenses that are not being used. Additionally, SAM tools can help optimize software license purchases by identifying which licenses are needed for specific applications.
Web-Based:
The global Web-Based, it's usage and growth factor in Software Asset Management (SATOM) tools market size was valued at USD 0.01 million in 2015. The increasing adoption of cloud technology for the deployment of software solutions is expected to drive industry growth over the forecast period.
Installed:
The global installed and it’s usage in Software Asset Management (SAT) tools market size was valued at USD 0.71 billion in 2016. The increasing adoption of cloud-based software solutions is expected to drive the growth of the market over the forecast period.
Increasing demand for automated software distribution, along with growing concerns regarding data security and reliability are some major factors driving industry growth.
Application Insights:
The contract/license management segment dominated the global software asset management tools market in 2017. This can be attributed to the increasing number of companies that are adopting cloud-based SaaS solutions over on-premise software asset management systems. The need for tracking and controlling access to company assets, such as source code, trademarks, client information etc., is driving the demand for license tracking in line with compliance requirements.
The audit management segment is expected to witness significant growth over the forecast period owing to an increase in regulatory demands pertaining to Sarbanes-Oxley (SOX) and General Accounting Office (GAO) reports that emphasize on effective internal control procedures. SOX requires companies¢â‚¬â„¢ internal controls set up by auditor firms which include independent review of financial statements and related disclosures made by businesses annually or at least once every three years depending upon their size.
Regional Analysis:
The North American regional market dominated the global industry in terms of revenue share in 2016. The growth can be attributed to the increasing demand for software asset management tools that help enterprises manage their IT assets more efficiently and cost-effectively. The U.S.-based companies are focusing on developing innovative solutions that would meet the growing needs of end users, thereby driving greater adoption across various industries such as manufacturing, healthcare & life sciences, and retail among others.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to several factors such as rapidly evolving technology landscape and increased spending by governments on infrastructure development activities aimed at promoting economic growth within their respective countries.
Growth Factors:
- Increased demand for software asset management tools from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of using such tools.
- The increasing popularity of Software as a Service (SaaS) and cloud-based solutions, which has led to an increase in the number of organizations adopting these technologies, driving demand for software asset management tools that can manage licenses and usage across multiple platforms.
- The need for better visibility into software license utilization in order to optimize licensing costs and ensure compliance with software license agreements is also fueling growth in the market for software asset management tools.
- Rapid changes in technology are resulting in ever-growing complexity when it comes to managing licenses for different types of software, making automated tooling more important than ever before; this is another factor contributing to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Software Asset Management Tools Market Research Report
By Type
Web-Based, Installed, iOS, Android
By Application
Audit Management, Compliance Tracking, Configuration Management, Contract/License Management, Others
By Companies
Snow Software, Flexera, Aspera, Certero, Ivanti, ServiceNow, BMC Software, Cherwell Software, Symantec, Belarc, Eracent, Scalable Software, 1E, IBM, Open iT, CA Technologies, License Dashboard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Software Asset Management Tools Market Report Segments:
The global Software Asset Management Tools market is segmented on the basis of:
Types
Web-Based, Installed, iOS, Android
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Audit Management, Compliance Tracking, Configuration Management, Contract/License Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Snow Software
- Flexera
- Aspera
- Certero
- Ivanti
- ServiceNow
- BMC Software
- Cherwell Software
- Symantec
- Belarc
- Eracent
- Scalable Software
- 1E
- IBM
- Open iT
- CA Technologies
- License Dashboard
Highlights of The Software Asset Management Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-Based
- Installed
- iOS
- Android
- By Application:
- Audit Management
- Compliance Tracking
- Configuration Management
- Contract/License Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Software Asset Management Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Software asset management tools are a set of software development and management tools that help organizations track, manage, and monitor the software assets they own. These tools can include everything from simple database systems to sophisticated application lifecycle management (ALM) solutions.
Some of the major players in the software asset management tools market are Snow Software, Flexera, Aspera, Certero, Ivanti, ServiceNow, BMC Software, Cherwell Software, Symantec, Belarc, Eracent, Scalable Software, 1E, IBM, Open iT, CA Technologies, License Dashboard.
The software asset management tools market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Software Asset Management Tools Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Software Asset Management Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Software Asset Management Tools Market - Supply Chain
4.5. Global Software Asset Management Tools Market Forecast
4.5.1. Software Asset Management Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Software Asset Management Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Software Asset Management Tools Market Absolute $ Opportunity
5. Global Software Asset Management Tools Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Software Asset Management Tools Market Size and Volume Forecast by Type
5.3.1. Web-Based
5.3.2. Installed
5.3.3. iOS
5.3.4. Android
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Software Asset Management Tools Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Software Asset Management Tools Market Size and Volume Forecast by Application
6.3.1. Audit Management
6.3.2. Compliance Tracking
6.3.3. Configuration Management
6.3.4. Contract/License Management
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Software Asset Management Tools Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Software Asset Management Tools Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Software Asset Management Tools Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Software Asset Management Tools Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Software Asset Management Tools Demand Share Forecast, 2019-2029
9. North America Software Asset Management Tools Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Software Asset Management Tools Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Software Asset Management Tools Market Size and Volume Forecast by Application
9.4.1. Audit Management
9.4.2. Compliance Tracking
9.4.3. Configuration Management
9.4.4. Contract/License Management
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Software Asset Management Tools Market Size and Volume Forecast by Type
9.7.1. Web-Based
9.7.2. Installed
9.7.3. iOS
9.7.4. Android
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Software Asset Management Tools Demand Share Forecast, 2019-2029
10. Latin America Software Asset Management Tools Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Software Asset Management Tools Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Software Asset Management Tools Market Size and Volume Forecast by Application
10.4.1. Audit Management
10.4.2. Compliance Tracking
10.4.3. Configuration Management
10.4.4. Contract/License Management
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Software Asset Management Tools Market Size and Volume Forecast by Type
10.7.1. Web-Based
10.7.2. Installed
10.7.3. iOS
10.7.4. Android
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Software Asset Management Tools Demand Share Forecast, 2019-2029
11. Europe Software Asset Management Tools Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Software Asset Management Tools Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Software Asset Management Tools Market Size and Volume Forecast by Application
11.4.1. Audit Management
11.4.2. Compliance Tracking
11.4.3. Configuration Management
11.4.4. Contract/License Management
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Software Asset Management Tools Market Size and Volume Forecast by Type
11.7.1. Web-Based
11.7.2. Installed
11.7.3. iOS
11.7.4. Android
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Software Asset Management Tools Demand Share, 2019-2029
12. Asia Pacific Software Asset Management Tools Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Software Asset Management Tools Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Software Asset Management Tools Market Size and Volume Forecast by Application
12.4.1. Audit Management
12.4.2. Compliance Tracking
12.4.3. Configuration Management
12.4.4. Contract/License Management
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Software Asset Management Tools Market Size and Volume Forecast by Type
12.7.1. Web-Based
12.7.2. Installed
12.7.3. iOS
12.7.4. Android
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Software Asset Management Tools Demand Share, 2019-2029
13. Middle East & Africa Software Asset Management Tools Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Software Asset Management Tools Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Software Asset Management Tools Market Size and Volume Forecast by Application
13.4.1. Audit Management
13.4.2. Compliance Tracking
13.4.3. Configuration Management
13.4.4. Contract/License Management
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Software Asset Management Tools Market Size and Volume Forecast by Type
13.7.1. Web-Based
13.7.2. Installed
13.7.3. iOS
13.7.4. Android
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Software Asset Management Tools Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Software Asset Management Tools Market: Market Share Analysis
14.2. Software Asset Management Tools Distributors and Customers
14.3. Software Asset Management Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Snow Software
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flexera
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aspera
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Certero
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ivanti
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ServiceNow
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BMC Software
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cherwell Software
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Symantec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Belarc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eracent
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Scalable Software
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. 1E
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. IBM
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Open iT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CA Technologies
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. License Dashboard
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
