Software Composition Analysis Software Market Ensuring Software Integrity Forecast 2023 to 2030 | GitLab, Synopsys, WhiteSource Software, Snyk

From 2023 to 2030, the Software Composition Analysis Software Market is anticipated to expand at a CAGR of 11.58%, reaching USD 400.02 million. The expanding use of open source software, the fear of cyberattacks, and the strict regulatory compliance requirements are the main factors driving market expansion. Software composition analysis (SCA) is a method for locating and evaluating open source and commercial software application components. SCA tools can assist enterprises in detecting security holes, licensing compliance concerns, and issues with the software's code quality.

Software for software composition analysis (SCA) has been present for more than ten years, but due to the growing use of open source software in business applications, adoption has surged recently. SCA software aids businesses in locating, managing, and assessing the risks posed by the open source components that make up their codebases. Although the SCA software business is still rather young, it has expanded quickly in recent years. Several major firms, including Synopsys, Black Duck, and Sonatype, control the majority of the market. There are, however, a few smaller businesses in the market that provide cutting-edge SCA solutions.

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The Key companies profiled in the Software Composition Analysis Software Market:

The study examines the Software Composition Analysis Software Market's competitive landscape and includes data on GitLab, Synopsys, WhiteSource Software, Snyk, Sonatype, Threatwatch, CAST, OWASP, Flexera Software, FOSSA, JFrog Ltd, SourceClear, WhiteHat Security & Others.

Global Software Composition Analysis Software Market Split by Product Type and Applications

This report segments the Software Composition Analysis Software Market on the basis of Types:
Cloud-Based
Web-Based

On the basis of Application, the Software Composition Analysis Software Market is segmented into:
Large Enterprises
SMEs

An increasing number of SCA solutions are now being offered in the cloud. In comparison to on-premises SCA systems, cloud-based SCA solutions provide a variety of benefits, including scalability, usability, and cheaper total cost of ownership. the expanding use of SCA solutions that are cloud-based. In comparison to on-premises systems, cloud-based SCA solutions provide a number of benefits, including as cheaper upfront costs, scalability, and simplicity of setup.The incorporation of SCA tools into existing development pipelines and tools. Developers now have an easier time using SCA tools and automating the SCA procedure thanks to this connection. the creation of new SCA capabilities, such the capacity to recognize and evaluate the dangers posed by third-party libraries and the capacity to scan containerized applications.

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During the projected period, the North American region is anticipated to have the highest SCA software market  . This is brought on by the widespread use of open source software and the strict governmental rules in this area. During the projection period, the Asia Pacific region is anticipated to have the fastest-growing . This is a result of the region's rapidly expanding IT sector and growing public knowledge of software security issues.

Cumulative Impact of COVID-19 on Market:
A few countries' economies and territories have suffered as a result of the COVID-19 episode's lockdowns, travel economic sanctions, and friend dismissals. Due to the pandemic, the global market is one of the primary organizations experiencing significant disruptions such as production network disruptions, innovation event abrogations, and work climate terminations. With its presence and substantial unprocessed material suppliers, China is a global contemporary major economic power.

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