Press release
Asia Pacific Software Composition Analysis Market to Reach US$ 370.51 Million by 2032, Driven by a Robust CAGR of 16.13% | Astute Analytica
๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- https://www.astuteanalytica.com/request-sample/asia-pacific-software-composition-analysis-market
The rising adoption of open-source software, alongside increasing security concerns surrounding software vulnerabilities, is expected to fuel the market's expansion. Software Composition Analysis (SCA) tools provide enterprises with critical insights into the security, licensing, and operational risks associated with open-source software components. The growing focus on compliance management and the need to safeguard against cyber threats is further contributing to the demand for SCA solutions across industries.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ: ๐๐๐ฉ๐ข๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฅ๐ข๐๐ง๐๐ ๐จ๐ง ๐๐ฉ๐๐ง-๐๐จ๐ฎ๐ซ๐๐ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ๐ฌ
The Asia Pacific software composition analysis market is witnessing a significant driver in the form of rapid digitalization across various industries. As companies increasingly migrate to digital platforms, there's a pressing need for efficient, cost-effective, and scalable software solutions. Open-source components have emerged as the answer to this requirement, offering flexibility and reduced development time.
According to recent data, there's been a 25% increase in the adoption of open-source components in APAC's software industry in the past two years alone. Furthermore, approximately 1.7 million open-source components were integrated into the region's software products in 2022, up from 1.2 million in 2020. Such an increase in open-source adoption accentuates the importance of SCA tools, given their role in managing and analyzing these components. Financial investment in the sector also reflects this driving force. Our study showcases that 3 out of every 5 software projects in the Asia Pacific now heavily rely on open-source components. These projects span various industries, from finance and healthcare to e-commerce and entertainment. In tandem, approximately 60,000 vulnerabilities linked to open-source components were identified in the APAC software composition analysis market last year, emphasizing the integral role of SCA in ensuring software security.
A survey of software developers across the region indicated that 70% believe that leveraging open-source components accelerates their development processes. However, 65% also expressed concerns about potential security risks, further highlighting the indispensable nature of software composition analysis in the contemporary software development landscape.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐ญ๐๐๐ญ:- https://www.astuteanalytica.com/industry-report/asia-pacific-software-composition-analysis-market
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ
Synopsys
Sonatype
Veracode
JFrog Xray
Shiftleft
WhiteSource Software
Contrast Security
Revenera
nexB
WhiteHat Security
Other Prominent Players
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Solution
Services
By Application
Software Development
Corporate Transactions
Security and Compliance
By Deployment Mode
Cloud
On Premise
By Enterprise Size
Large enterprises
Small and Medium-sized Enterprises (SMEs)
By Industry
BFSI
Telecom and IT
Healthcare
Government and defense
Retail and e-commerce
Manufacturing
Automotive
Education
Others
By Region
China
Hong Kong
Taiwan
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of Asia Pacific
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/asia-pacific-software-composition-analysis-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
๐๐๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ
๐๐ก๐จ๐ง๐ ๐ง๐ฎ๐ฆ๐๐๐ซ: +18884296757
๐๐ฆ๐๐ข๐ฅ: sales@astuteanalytica.com
๐๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐๐๐ฌ๐ข๐ญ๐: https://www.astuteanalytica.com/
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