Snow Software, Flexera, USU Software AG, Ivanti, BMC Software, ServiceNow etc., are some of the major key players.
Software Asset Management Market Value and CAGR
Software Asset Management (SAM) Market refers to the industry and business segment focused on managing and optimizing an organization's software assets. SAM involves the systematic management, control, and protection of software assets throughout their lifecycle. It encompasses various processes, tools, and strategies aimed at ensuring that an organization's software resources are efficiently utilized, compliant with licensing agreements, and aligned with the business needs.
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Key components of Software Asset Management may include:
The SAM market includes various software vendors offering SAM solutions, ranging from standalone SAM tools to comprehensive IT asset management suites that incorporate SAM functionalities. Additionally, SAM consulting services are available to help organizations design and implement effective SAM practices.
The market for SAM has grown significantly in recent years due to the increasing complexity of software licensing models, the need for organizations to maintain compliance, and the desire to optimize software spending. Properly managing software assets not only helps organizations avoid legal and financial risks but also enables them to maximize the value they derive from their software investments.
Software Asset Management Market Growth Drivers and Risks
Growth Drivers of the Software Asset Management (SAM) Market:
Risks and Challenges in the Software Asset Management Market:
Software Asset Management Market Key players
By Company
Software Asset Management Market Segmentations
By Component
By Deployment Model
By Organization Size
By Vertical
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Jul 29, 2023
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