Analysis of the growth opportunities of the global Software Licensing Market

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This study covers the global Software Licensing (SLM) Market size, trends, competitive landscape and growth strategies. Software licensing enables software monetization strategies and requires licensing enforcement, rights management, and software protection.

New York, Sept. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Growth Opportunity Analysis of the Global Software License Management Market” Report – https://www.reportlinker.com/p06319536/?utm_source=GNW

Companies traditionally sold SLM systems as anti-piracy solutions, but today they are monetization solutions for business models and user experience.

This market is very saturated, its 3 main suppliers monopolizing more than 80% of the market share.

The COVID-19 pandemic has fundamentally changed the way businesses operate, including enabling remote/hybrid work environments as well as using smarter devices to build resilience in operations as they face shortages of crippling labor.

These factors, along with the continued popularity of software-as-a-service (SaaS)-based solutions and the proliferation of smart devices, have heightened awareness among software vendors and their customers about the use of rights management and enforcement as businesses race to ensure employees and processes have access to the software tools they need.

Publishers are now leveraging insights from data collected by SLM solutions to facilitate contract renewal negotiations and uncover upsell opportunities.

The analyst expects this market to witness healthy growth over the forecast period (2022-2028) as vendors continue to move away from local and custom SLM solutions and increasingly deploy anti-piracy and counterfeiting initiatives.

Author: Mukul Krishna
Read the full report: https://www.reportlinker.com/p06319536/?utm_source=GNW

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