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The Global Software Asset Management (SAM) Market Report, published by Emergen Research, offers an industry-wide assessment of the Software Asset Management (SAM) market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development. The current trends of the Software Asset Management (SAM) market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Software Asset Management (SAM) market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Software Asset Management (SAM) industry.
The global Software Asset Management (SAM) market size was USD 2.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increasing need for businesses to manage and optimize the distribution, acquisition, use, maintenance, and disposal of software programs, cost savings on software purchases, and rising requirement to manage audits and adhere to regulatory norms are key factors driving market revenue growth. SAM is a business process that includes managing and enhancing purchase, maintenance, deployment, utilization, and discarding of numerous software applications within an enterprise.
SAM t enhances cost-savings, reduces risk of penalties and license audit, and improves licensing optimization and security and utilization of software assets. In addition, latest advancement of Artificial Intelligence (AI) due to major advantages of enhanced predictive maintenance, optimized asset allocation, streamlined processes, improved safety and compliance, and enhanced lifespan of asset is another key factor driving revenue growth of the market.
The latest report is the most recent study that offers 360° coverage of the Software Asset Management (SAM) industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Software Asset Management (SAM) market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
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Segmental Analysis
The global Software Asset Management (SAM) market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Software Asset Management (SAM) sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Software Asset Management (SAM) market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Software Asset Management (SAM) market into various regions, including:
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Competitive Terrain:
The Global Software Asset Management (SAM) Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
Scalable, Matrix42 GmbH, Flexera, Ivanti, BMC Software, Inc., Snow Software, USU Software AG, Certero, Eracent, and Belarc, Inc
Report Highlights:
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