Global Market Size of Software Asset Management Market – 10 Year Market Forecast

ICT

Software Asset Management Market Size Forecast 2022-2029

Software asset management (SAM) is a business strategy that tracks and manages software licenses across the enterprise from a unified platform by managing and optimizing the purchase, deployment, maintenance, utilization, and disposal of software applications within an organization. Over the forecast period, North America is expected to be the fastest-growing segment in the software asset management market accounting for the majority of the market shares. The global software asset management market size is anticipated to grow from USD 3.31 billion in 2022 to USD 7.77 billion by 2029, registering a CAGR of 12.96%. The cumulative market size is estimated to be USD 45 billion.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global Market Database is a market research tool that is used by various industry leaders to study the changing market trends across 12 different industries.
• By component, which segment will have the highest growth rate?

• By component, the solutions segment will have the highest growth rate.
• What is the key market trend observed in the regional analysis of the market?

• North America should be the leading market over the forecast period.
• What will be the market value of the software asset management market by 2029?

• The market value of the software asset management market by 2029 is USD 7.77 billion.
• What are the sub-segments of the deployment segment?

• The sub-segments of the deployment segment are on-premises and cloud.

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