Global & Regional Market Forecast: Software Supply Chain Security Management (2024-2028)

(Covers worldwide, USA, Western Europe, Middle East & Africa, Latin America, Japan, China, Canada, Central & Eastern Europe, and Asia regions.)

For the average user, the Software Supply Chain is an abstraction. It includes all the tools and dependencies required for developing, building, and deploying software. Though unseen to the end user, the supply chain is a critical concern for software developers-and an appealing target for malevolent actors.

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The software supply chain includes code, configurations, proprietary and open-source binaries, libraries, plugins, and container dependencies. It also covers the development of orchestrators and tools like assemblers, compilers, code analyzers, and repositories, as well as security, monitoring, and logging operations tools. In its broadest definition, the software supply chain includes the individuals, companies, and processes involved in software development.

In this blog, we will look at what Software Supply Chain Security Management is and how to enhance it by automating security and compliance checks on the top four software supply chain management products.

What is Software Supply-Chain Security Management (SSCSM)?
Software Supply-Chain Security Management (SSCSM) offers set of tools that safeguards the end-to-end software development journey, from development to deployment. It identifies and addresses vulnerabilities in all the components involved, including code, dependencies, and tools. By providing real-time insights, vulnerability management, and automation, SSCSM protects organizations from malicious code injection, data breaches, and crippling system outages. It enables organizations to ensure the integrity of their software supply-chain to deliver trusted applications, while reducing development delays caused by security issues.

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How to Improve Software Supply Chain Security Management?
The first step in safeguarding your software supply chain is to gain visibility into its components. Vendors and end-users can do this using an SBOM that specifies all third-party components and dependencies inside the software they provide and use:

An SBOM summarizes what is happening, demonstrating security awareness and licensing compliance, and can act as a reference for the latest alerts affecting software components. You can enhance the visibility and security of your software supply chain by using automated vulnerability screening tools

Consider setting up a specialized incident response team to deliver fixes and upgrades as needed. Ensure your failover processes are well-written and rigorously tested. Simply scanning for and tracking common vulnerabilities is insufficient. How soon and completely you address vulnerabilities might affect your level of exposure.

Only use trustworthy repositories and validated sources for suppliers in the chain, and conduct frequent risk assessments of libraries, frameworks, and vendors. Augment the supplier's testing with regular independent tests. Vendors can create robust IAM policies and controls based on the principle of least privilege. Incorporate data governance principles to protect your data and infrastructure throughout the software supply chain.

The Software Supply Chain Security Management (SSCSM) market is expected to grow significantly due to rising cyber threats, stringent regulations, and technological advancements. High-profile cyber incidents have highlighted the need for robust security measures, driving the integration of AI and ML for proactive threat detection. Regulatory frameworks in the U.S. and Europe are compelling organizations to adopt comprehensive SSCSM solutions to ensure compliance and mitigate legal risks. According to QKS Group's "Market Share: Software Supply Chain Security Management, 2023, Worldwide" report, the market is witnessing increased investment as enterprises prioritize securing their software supply chains against growing threats.

Furthermore, QKS Group's "Market Forecast: Software Supply Chain Security Management, 2024-2028, Worldwide" projects continued market expansion, driven by the growing adoption of advanced security technologies and the need to align with global regulatory standards. These insights underscore the critical role of SSCSM solutions in safeguarding digital ecosystems and ensuring business continuity in an increasingly complex threat landscape.

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Top 4 Software Supply-Chain Security Management Tools

Contrast Security
Contrast Security, best known for its Interactive Application Security Testing (IAST) technology, which detects application vulnerabilities via an agent running on the application server, provides SCA capabilities as part of a full slate of testing on its open platform. It also performs dynamic application security testing (DAST), static application security testing (SAST), runtime application scanning protection (RASP), and serverless security checks on AWS Lambda infrastructure.

GitLab
GitLab offers robust static code analysis, significant for identifying and addressing code vulnerabilities in the supply chain. Integrated with continuous integration and continuous delivery/continuous deployment (CI/CD) pipelines, it enhances development operations while preserving code quality and security throughout the supply chain.

Snyk
Snyk provides real-time vulnerability detection and mitigation assistance, allowing developers to protect code while it is being developed. Furthermore, the tool supports industry-standard software bill of materials (SBOM) formats, promoting transparency and compliance.

Veracode
Veracode, a long-standing powerhouse in the conventional app sec testing industry with a mature SaaS solution that has long dominated the SAST and DAST sectors, has made significant investments in SCA in recent years. Following the acquisition of SourceClear in 2018, there was some division between its internal SCA capabilities and those given through SourceClear, but Veracode Software Composition Analysis is now a unified solution available across the platform.

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Conclusion
As cyber threats grow and regulatory pressures increase, securing the software supply chain is more critical than ever. By adopting advanced Software Supply Chain Security Management (SSCSM) solutions, organizations can protect their development pipelines from vulnerabilities, ensure compliance, and mitigate legal risks. With insights from QKS Group's latest market reports, investment in SSCSM tools and practices is essential for maintaining software integrity and business continuity in an increasingly complex digital environment.

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QKS Group is a global advisory and consulting firm focused on helping clients as strategic knowledge partners achieve business transformation goals with Strategic Business and Growth Advisory Services. Quadrant's research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

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