Press release
License Management Software Market Presumed to Reach 780 Mn US$ by 2025 | Key Companies: Flexera Software, Reprise Software, SafeNet, Snow Software, Wibu Systems, Inishtech, Moduslink, Pace Anti-Piracy, Nalpeiron
Software license management (SLM) is the active management and administration of software allocation, deployment, licensing and contractual obligations. License management encompasses managing the risks associated with software license compliance as well as the costs of acquiring software Software License Management.
LM enables software publishers and intelligent device vendors to efficiently monetize their products, particularly for enterprise and networked deployments. Three key LM functions are: defining software versions and licensing rules (development); automating license issuance and invoicing (deployment); and ensuring that software is used in accordance with terms of a purchased license (enforcement).
Europe is one of the largest consumption region of Software License Management in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 44.35% of global market in 2016, while USA was followed with the share about 38.38%.
Flexera Software, SafeNet, Snow Software, Wibu Systems are the key suppliers in the global Software License Management market. Top 3 took up about 68.78% of the global market share in 2016. The top three, which have leading technology and market position, are well-known suppliers around the world. However, the software market itself is both expanding and evolving, providing a number of strategic opportunities for growth. At the same time, smaller competitors are gaining maturity and mindshare, and are challenging incumbents on pricing, feature set, customer service, and flexibility.
Each of the Software License Management manufacturers has its own mature sales networks. To achieve better sales businesses, Software License Management manufacturers usually invest on their marketing channel infrastructure every year. And businesses today are closely controlling costs. At the same time, competition in the license management market is growing. Price of a solution, in terms of upfront cost, maintenance fees and hardware cost (where applicable), is an increasingly important factor in choosing (and perhaps replacing) a license management vendor.
In 2017, the global License Management Software market size was 400 million US$ and it is expected to reach 780 million US$ by the end of 2025, with a CAGR of 8.6% during 2018-2025.
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The key players covered in this study
Flexera Software
Reprise Software
SafeNet
Snow Software
Wibu Systems
Inishtech
Moduslink
Pace Anti-Piracy
Nalpeiron
Market segment by Type, the product can be split into
Hardware-based Enforcement
Software-based & Cloud-based Enforcement
Market segment by Application, split into
B2B Vendors
B2C Vendors
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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