Houston, TX -- (SBWIRE) -- 05/17/2018 -- Report presents a 360-degree overview of the competitive scenario of the Global Software Asset Management market. The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market's future development. The research report analyzes the global Software Asset Management market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period. The increasing need to manage the life cycle of assets and compliance-readiness are expected to be the major drivers of the software asset management market.

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Software asset management market size is expected to grow from USD +1 Billion in 2017 to USD+ 2 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of +14 % during the forecast period.

world's economy is improving, the manufacturing industry vertical is said to be gaining traction. The manufacturing industry vertical requires software asset management solutions to streamline its maintenance process, extend the longevity of software assets, and improve its productivity. The data collected from the asset performance software helps predict the exact failure point of a critical asset in the industry vertical, thereby increasing the uptime. Manufacturing firms are partnering with or outsourcing their processes to other firms for monitoring and managing the overall software workflow process. The manufacturing industry vertical is labor-intensive and prone to costly errors. The industry vertical has the need to understand the competency level, conduct software metering for audits, and optimize the software for reducing the costs that are required to increase its market share in the software asset management market.

Some of the leading vendors: Aspera Technologies (US), BMC Software (US), CA Technologies (US), Certero (UK), Cherwell Software (US), Flexera (US), IBM (US), Ivanti (US), Micro Focus (UK), Microsoft (US), Scalable Software (US), ServiceNow (US), Snow Software (Sweden), and Symantec (US).

On the geographical front, the global market is classified into Europe, Asia-Pacific, Middle East & Africa, North America, and Latin America. The leading region of this global market and the region which is projected to continue its dominance over the forthcoming years is given in the study. The key driving force behind the growth of this market in the near future is also presented

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The major growth drivers, challenges, and trends influencing the global Software Asset Management market are inspected at length. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market's future growth prospects. A number of analysis tools such as Porter's five forces analysis and SWOT analysis have been employed to provide an accurate understanding of this market. Also, the report is compiled in a way for the readers and customers to understand better.

Table of Content:

Chapter 1 Software Asset Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis