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Software Asset Management Market to Set New Growth Story | Freshworks, Zoho, Aspera, SolarWinds

07-31-2020 08:08 AM CET | IT, New Media & Software

Press release from: AMA Research & Media LLP

Software Asset Management

Software Asset Management

Software asset management is defined as the combination of processor, technology as well as specialized knowledge through which software license risks can be managed and controlled. A major benefit of software assets management is cost savings and optimization, budgeting, best-fit licensing, security risk reduction, elimination of waste and redundancy, volume discounts, integration of other managed services, reduction in liability risks, among others. A growing need for managing the lifecycle of assets and the rising pressure on software vendors and users to adhere to the regulations as well as compliances is anticipated to drive the global software asset management market over the forecast period. According to AMA, the Global Software Asset Management market is expected to see growth rate of 15.2% and may see market size of USD3.3 Billion by 2024.

Global Software Asset Management Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include,
IBM Corporation (United States), Freshworks Inc. (United States), Ivanti Software, Inc. (United States), SolarWinds Corporation (United States), Zoho Corporation (United States), Aspera, Inc. (United States), Snow Software Inc. (United States), Comparex AG (Germany), BMC Software, Inc. (United States) and SAP SE (Germany)

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Market Trend
• Improving your software license management and proven strategies for SAM in the cloud

Market Drivers
• Increasing Need to Manage the Life Cycle of Assets and Compliance-Readiness
• Rising Requirement for Maintenance of Cost and Risk Management in Business Organizations

Opportunities
• Rising Demand from Emerging Economic such as China and India
• Evolution of Internet of Things (IoT) and the Rapidly Growing Number of IoT Devices
• The Growing Cloud Hosting Business

Restraints
• Budget Constraints and Lack of Awareness among SMEs

Challenges
• Lack of Transparency among Various Departments
• Presence of Complex IT Environments

Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/27945-global-software-asset-management-market

In this research study, the prime factors that are impelling the growth of the Global Software Asset Management market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Software Asset Management market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The Global Software Asset Management is segmented by Industry (BFSI, IT & Telecom, Retail & Consumer Goods, Healthcare, Manufacturing, Government, Other), Services (Professional Services, Managed Services), Organization Size (Large Enterprises, Small and Medium Enterprises), Deployment (Cloud, On-Premise), Component (Software, Services), Solution (License Management, Audit and Compliance Management, Software Discovery, Optimization, Metering)

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Software Asset Management market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Software Asset Management Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.

Key Market Features in Global Software Asset Management Market
The report highlights Software Asset Management market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Software Asset Management, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.

Extracts from Table of Contents
Global Software Asset Management Market Research Report
Chapter 1 Global Software Asset Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

This report also analyzes the regulatory framework of the Global Markets Software Asset Management Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

Contact US:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@advancemarketanalytics.com

Connect with us at
https://www.linkedin.com/company/advance-market-analytics
https://www.facebook.com/AMA-Research-Media-LLP-344722399585916
https://twitter.com/amareport

About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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