License management solutions protect a business against license compliance audits by providing information about actual software data usage.
PORTLAND, PORTLAND, OR, USA, February 24, 2022 /EINPresswire.com/ — Rising audit activity and license compliance audits, and the growing need to reduce piracy issues are driving the world software license management market. However, managing multiple licensing models and lack of internal cross-functional collaboration is hampering market growth. The rise of cloud governance offers a major opportunity for market expansion.
The global software license management market is segmented on the basis of form factor, deployment model, and region. Based on the form factor, it is divided into hardware-based application and software-based application. The deployment models included in the report are cloud and on-premises models. Based on region, the market is analyzed into North America, Europe, Asia-Pacific, and LAMEA.
The global software license management market is dominated by key players such as Flexera, Reprise Software, Gemalto NV, Snow Software, IMB Corporation, WIBU-SYSTEMS USA Inc., Agilis Management, Inc., Inish Technology Ventures Ltd., License4J and Persistent Security, LLC.
• The study provides an in-depth analysis of the global software license management market and current and future trends to elucidate the impending investment pockets.
• Information on major drivers, restraints and opportunities and their market size impact analysis is provided.
• Porters Five Forces analysis illustrates the power of buyers and suppliers operating in the industry.
• Quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.
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