Press release
Software Licensing Market 2018 Global Leaders: Flexera Software, Safenet, Moduslink Global Solutions, Accenture, Agilis International, HP, Dimension Data, Inishtech Technology Ventures
Market Scenario
The global software license market will grow with the demand of large IT enterprises like Microsoft, Accenture, and IBM. These software licenses are required to comply with relevant laws and regulations, non-adherence of which can cause heavy penalties. While, there are several organizations providing the free and open licensing domain which provide the guidelines and definitions regarding software licenses. However, the implementation of software license solutions helps in providing the control over piracy to a large extent. Moreover, the software license management involves in keeping track of the software and its maintenane. The key growth driver is the need to reduce piracy issues.
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The study indicates that the on-premises segment is dominated the software license market in 2016, accounting for a total market share of more than 53%. However, this segment will drop during the forecast period due to its high maintenance costs. It has also been observed that the vendors who do not offer cloud-based solutions will face increased competition in the coming years as businesses, are preferring cloud over on-premises solutions.
The global Software Licensing Market is expected to grow at USD$ ~14.34 Billion by 2023, at ~8.6% of CAGR between 2017 and 2023.
Industry Updates:
Mar 2018 A US-based global technology solutions supplier for businesses functioning in the extremely regulated industries, Xybion Corporation stated recently that Jai Research Foundation which is a leading CRO with global operations in the U.S, U.K and Japan and is based out of India has signed a software licensing agreement for Pristima which is Xybion's flagship preclinical solution, and Savante which is its popular module for creation of FDA compliant SEND submissions. This contract is the end of a thorough search by JRF Global to discover a best-of-breed preclinical solution that would effectively serve its business needs and requirements.
Key Players:
The prominent players in the Software Licensing system Market are –Accenture Plc. (Ireland), IBM Corporation (U.S), Agilis International (U.S), HP Inc. (U.S), Dimension Data (South Africa), Inishtech Technology Ventures Ltd (Ireland), Flexera Software (U.S), Microsoft Corporation (U.S), and Moduslink Global Solutions, Inc.(U.S), Safenet Inc. (U.S) among others.
Industry Segments
The Software Licensing sector has been divided into the category of Deployment, Licensing Type, End -users and region.
• By Deployment: On-Premise, Cloud-Based and others. On premise deployment is expected to demonstrate an increased level of growth in the forecast period.
• By Licensing Type: GNU General Public License, Proprietary license, Workstation licenses, End User License Agreement, Concurrent use license and others
• By Regions: Europe, APAC, North America and Rest of the World
• By End-User: Human Resources, Manufacturing, Healthcare and Life Sciences, Government and Defense, BFSI, Education and Research among others
Regional Analysis
The regional analysis of industry for Software Licensing is covers region such as North America, Europe, Asia pacific and Rest of the World. The European market is one of the foremost regions across the world in terms of major market share in market for Software Licensing owing to the deployment of the market that has been categorized into on-premise and cloud-based. The North American region is an important region for the licensing market for software by revenues, owing to the existence of key vendors. While, The countries in the Asia-Pacific region such as Japan, China and South Korea are emerging markets for the Software Licensing sector. Nonetheless, this industry has massive potential for growth.
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Intended Audience
• Software Licensing Providers
• Government and licensing Providers
• Law enforcement
• Consultancy firms/advisory firms
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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