Software License Management Market Growth, Trends, Analysis and Forecast

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Software License Management Market Share, Size, Global
Insights, Emerging Trends, Growth Drivers and Future
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Summary
Technavio Announces the Publication of its Research Report – Global Software License Management
Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Software License
Management Market: Flexera Software, Reprise Software, SafeNet, Snow Software, Wibu-Systems,
Commenting on the report, an analyst from Technavio’ s team said: “Virtualization maximizes the
capabilities of a PC or server. New server environments can be implemented without new hardware, lots
of machines can be supported by a single physical server, and applications also can easily be streamed
from server to a desktop. Virtualization, which is a rapidly growing technique in the software industry,
help organizations reduce the costs associated with the IT infrastructure and management.
Virtualization is divided into two categories: hardware virtualization and software virtualization.”
”
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According to the report, a key growth driver is the need to reduce piracy issues. Reducing the adoption
and penetration of pirated software is the need of the hour in the software industry. Software piracy is
very common in the business-to-customer market. Piracy of any software decreases the revenue
generated by software publishers. With the implementation of software license management solutions,
piracy can be controlled to a large extent. Software license management involves keeping track of the
software and its maintenance. With the help of this, end-users will be able to know that the piracy of
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the software has occurred, and measures can be taken as soon as detection is made.
Further, the report states that a major factor that lack of internal cross-functional collaboration.
Software license management solutions consolidate enterprise-wide software licensing assets to provide
a single platform for visibility. In order to provide an insight into software licenses and related business
processes, various departments of an organization should contribute equally to the effective use of
license management solutions. For instance, the administration department as well as the IT
department of an organization must be well coordinated during the implementation software license
management. Their inability to co-operate with each other results in decreased visibility of operations,
leading to poor results. This lack of collaboration among organizational functions is acting as a challenge
for organizations that want to deploy software license management solutions.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors
About the Software license management
The major drivers for the adoption of software licensing are piracy and malware. Software licensing acts
as an agreement to solve these issues. It provides the rights to use packaged software or components of
software. The use of a software without proper licensing would constitute an infringement of copyright
laws. All enterprise applications are offered to end-users through licenses. Software licenses are of
different types; some are based on the number of users that are allowed to use the program and others
are based on the number of systems on which a program can be run.
Technavio’ s analysts forecast the global software license management market to grow at a CAGR of
8.8% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global software license
management market for 2016-2020. To calculate the market size, Technavio considers the revenue
generated from the total consumption of global software license management market. The report does
not include revenue generated from the aftermarket service of the product.
Technavio's report, global software license management market 2016-2020, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
Key vendors
• Flexera Software
• Reprise Software
• SafeNet
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• Snow Software
• Wibu-Systems
Other prominent vendors
• Agilis
• IBM
• InishTech
• License4J
• ManageEngine
• Moduslink
• Persistent Security
• X-Formation
Market driver
• Increasing license compliance audits
• For a full, detailed list, view our report
Market challenge
• Managing multiple licensing models
• For a full, detailed list, view our report
Market trend
• Growing virtualization of desktops
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
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PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Impetus to software license management
• Overview of licensing methods
PART 05: Assumptions
PART 06: Market size and forecast
PART 07: Market segmentation by form factor
• Hardware-based enforcement
• Software-based enforcement
PART 08: Market segmentation by deployment model
• Global software license management market by deployment model
PART 09: Geographical segmentation
• Analysis of software license management market by region
• EMEA
• Americas
• APAC
PART 10: Market drivers
• Increasing license compliance audits
• Need to reduce piracy issues
• Growing importance of visibility of licenses used across enterprises
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According to the report, a key growth driver is the need to reduce piracy issues. Reducing the adoption and penetration of pirated software is the need of the hour in the software industry. Software piracy is very common in the business-to-customer market