Press release
DXC Technology and Gemalto are the Key Players in the License Management Market - Report by MarketsandMarkets™
According to recent research "License Management Market by Component (Software and Services), Application Area (Audit Services, Advisory Services, Compliance Management), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2022", The license management market size is expected to grow from USD 629.6 Million in 2017 to USD 1,141.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. The growing demand to optimize software investments and increasing need for audit-readiness among enterprises are the major factors expected to drive the growth of the license management market. Moreover, the increasing adoption of license management software by Small and Medium-sized Enterprises (SMEs) is expected to drive the license management market growth.Browse 73 market data Tables and 38 Figures spread through 128 Pages and in-depth TOC on "License Management Market"
https://www.marketsandmarkets.com/Market-Reports/license-management-market-45181555.html
Early buyers will receive 10% customization on this report.
Rapid adoption of the license management software in North America, owing to early technology adoption, advanced IT infrastructure, and the presence of many large organizations.
North America consists of developed economies, such as the United States (US) and Canada. In this region, organizations are rapidly adopting and willing to invest in emerging technologies. The factors driving the growth of the license management market in North America are the stable economy, technology enhancements, and optimized infrastructure costs. The North American market provides a suitable environment for startups and SMEs, in terms of government regulations and compliance. Owing to this, enterprises are growing rapidly, leading to the heavy demand for license management solutions and services. Therefore, North America is expected to have the largest regional share in the license management market.
The Information Technology (IT) industry vertical is expected to have the largest market size during the forecast period.
The IT industry vertical has witnessed a significant rise, owing to the faster pace of technological advancements. Organizations in the IT sector deploy numerous software to ensure a smooth operational flow. Organizations face challenges in managing and governing their enterprise software while focusing on their core competencies and business outputs. License management software and services empower organizations by managing and governing the software and licenses, automating the software delivery including software updates, and enabling product differentiation to tap new opportunities in the market.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=45181555&utm_source=OpenPR
The large enterprises segment is expected to have the larger market share during the forecast period.
Organizations with more than 1,000 employees are categorized as large enterprises. Such enterprises have a huge corporate network and many revenue streams. Large enterprises have their customers across various regions and possess high market shares, enhanced technical expertise, and effective business strategies. Large enterprises manage software license contracts that require renegotiation and renewal several times in a year. The market share of the license management market is relatively high for the large enterprises segment as compared to the SMEs segment.
The major vendors in the license management market include Aspera Technologies (US), Cherwell Software (US), DXC Technology (US), Flexera Software (US), Gemalto (Netherlands), IBM (US), Oracle (US), Quest Software (US), ServiceNow (US), and Snow Software (Sweden). Some of the key innovators offering license management software and services include Labs64 NetLicensing (Germany), Reprise Software (US), and TeamEDA (US).
DXC Technology is one of the major vendors in the license management market. The company has expanded its business by opening a new digital transformation center at Louisiana, US in November 2017. This expansion enabled the company to increase and enhance its market presence in the North American region. In September 2017, DXC Technology announced new service offerings for Microsoft Azure, to empower organizations to efficiently scale their digital strategies in the hybrid cloud environment. Furthermore, DXC Technology has adopted the inorganic growth strategy of acquisitions to enhance its product portfolio and expand its customer base globally.
Gemalto, one of the major players in the license management market, launched Sentinel Fit, a secure licensing solution for embedded software and IoT devices. Sentinel Fit offers complete licensing and entitlement management to maximize the monetization of software-based products. Furthermore, Gemalto focuses on partnerships to offer feature-rich solutions. This is evident from its recent launch of a new partnership program in July 2017. Gemalto partnered with NetApp in August 2017 to offer integrated storage, encryption, and key management solutions, thereby empowering enterprises to flawlessly store and encrypt data and applications in virtual conditions while maintaining the business agility.
Request Sample@ https://www.marketsandmarkets.com/requestsample.asp?id=45181555&utm_source=OpenPR
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release DXC Technology and Gemalto are the Key Players in the License Management Market - Report by MarketsandMarkets™ here
News-ID: 1334635 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Technology
Insurance Technology Market Outlook 2021 | TIA Technology, Patriot Technology So …
Insurance Technology Market has recently added by Qurate Research to its vast repository. This intelligence report includes investigations based on Current scenarios, Historical records, and future predictions. Report includes overview, which interprets value chain structure, industrial environment, regional analysis, applications, market size, and forecast. The report is integrated with imperative insights on the market, which will support the clients to make precise business decisions. The report incorporates data regarding the…
Global Insurance Technology Market 2019 – Top Companies Xchanging, Insurance T …
"Insurance Technology or Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a portmanteau of “insurance” and “technology” that was inspired by the term fintech.”
Global Insurance Technology Market Research Report is a valuable source of insightful data for business strategists. Provides industry Overviews, including Growth Analysis, Past & Future Costs, Revenue, Demand and Supply Data (where…
Insurance Technology Market Analysis By Major Players | Xchanging, Insurance Tec …
The global Insurance Technology market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of between 2018 and 2025.
This report studies the Insurance Technology market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and…
Insurance Technology Market – Major Technology Giants in Buzz Again | TIA Tech …
Global Insurance Technology Market Size, Status and Forecast 2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Insurance Technology Market. Some of the key players profiled in the study are Xchanging, Insurance Technology…
Global Insurance Technology Market 2018-2025 Health and Life Insurance By Xchang …
In 2017, the global Insurance Technology market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of between 2018 and 2025.
This report studies the Insurance Technology market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges,…
Ultrasonic Technologies Market by Technology (Motor/actuator technology, medical …
The global ultrasonic technologies market provides alteration of processes with the use of oscillating sound of very high frequency. It is expected that the market would grow at a respectable rate as the technology is being widely adopted. Various verticals such as industrial units and healthcare are using ultrasound as it is considered a highly efficient technology. In the healthcare sector, it is used for diagnosis and treatment by minimal…