License Management Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast-2022 (Trending Report)

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

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 market growth is driven by the increasing demand among enterprises to optimize their software investments. The growing cloud hosting business and rapidly increasing number of Internet of Things (IoT) devices have further fueled the growth of the license management market globally. However, various regions have different regulations, which may restrain the growth of the market.

“The software segment is expected to have the larger market size during the forecast period.”
Software license management is becoming very popular among enterprises, resulting in its increased use across all the major industry verticals, such as Information Technology (IT); Banking, Financial Services, and Insurance (BFSI); telecom; manufacturing; healthcare; media and entertainment; retail and consumer goods; and others (energy and utilities, government, travel and transportation). Software license management assists enterprises in managing license compliance, reducing the overall IT costs, improving security, and lowering the risk of non-compliance.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-109214
The Final Report will cover the impact analysis of COVID-19 on this industry: License Management Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast-2022 (Trending Report)

“The on-premises deployment type is expected to hold the larger market size during the forecast period.”
The on-premises deployment type proves to be more cumbersome and expensive than the license management solutions deployed using the cloud. For the on-premises deployment of license management software, companies need specialized software, hardware, and skilled employees to implement and monitor the applications on-premises. This incurs higher costs for the enterprises. Moreover, many organizations are very cautious about data integrity and privacy issues in the cloud deployment. Therefore, they prefer on-premises deployment over the cloud model.

North America has the first-mover advantage in the adoption of new technologies, including the cloud technology. Therefore, companies are willingly investing in North America. The major factors driving the growth of the license management market in North America are the stable economy, technology enhancements, and better infrastructure. APAC is one of the fastest-growing economies and has a favorable market for license management software and service vendors. Countries such as India, China, Australia, and Japan are the major contributors to the license management software market in APAC.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-109214
The Final Report will cover the impact analysis of COVID-19 on this industry: License Management Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast-2022 (Trending Report)

In the process of determining and verifying the market size of the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is given below:

• By Company: Tier 1 – 22%, Tier 2 – 41%, and Tier 3 – 37%
• By Designation: C-Level – 72%, Director Level – 19%, and Manager Level – 9%
• By Region: North America – 64%, Europe – 19%, APAC – 12%, MEA –3%, and Latin America – 2%

The license management market includes several vendors, such as Aspera Technologies (US), Cherwell Software (US), DXC Technology (US), Flexera Software (US), Gemalto (Netherlands), IBM (US), Oracle (US), Quest Software (US), ServiceNow (US), Snow Software (Sweden), Labs64 NetLicensing (Germany), Reprise Software (US), and TeamEDA (US).

Research Coverage
The report includes the in-depth competitive analysis of the key players in the license management market, with their company profiles, recent developments, and key market strategies. The research report segments the license management market by component (software and services), application area, deployment type, organization size, industry vertical, and region.

Reasons to Buy the Report
The report on the global license management market will help leaders/new entrants in the market in the following ways:
1. The report segments the license management software market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split across various industry verticals and regions.
2. The report helps the stakeholders understand the pulse of the market and provides information on the key market drivers, restraints, challenges, and opportunities.
3. This report assists stakeholders in better understanding their competitors and gaining more insights to position their business better. There is a separate section on the competitive landscape, including the competitor ecosystem, and mergers and acquisitions. Besides this, there are the company profiles of 14 major vendors in this market. In this section, market internals have been provided that can put stakeholders ahead of their competitors.

TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.4 YEARS CONSIDERED FOR THE STUDY 14
1.5 CURRENCY 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Breakdown of primaries 17
2.1.2.2 Key industry insights 18
2.2 MARKET SIZE ESTIMATION 19
2.3 RESEARCH ASSUMPTIONS 21
2.4 LIMITATIONS 21

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