What is Software Licensing Market?
Software licensing establishes the legal rights relating to the licensed use of digital content. The license is a text document that protects the software developer's intellectual property while also restricting any legal action that could result from its use. A software license also provides legally binding definitions for the distribution and use of the software. Installation, warranties, and obligations, as well as defense of the developer's intellectual property, are commonly spelled out in the software license.
The market study is being classified by Type (Proprietary License, GNU General Public License, End User License Agreement, Workstation Licenses, Concurrent Use License and Others), by Application (Small & Medium Enterprise and Large Enterprise) and major geographies with country level break-up.
Accenture Plc. (Ireland), Agilis International (United States), IBM Corporation (United States), HP Inc. (United States), Dimension Data (South Africa), Inishtech Technology Ventures Ltd (Ireland), Flexera Software (United States), Microsoft Corporation (United States), Moduslink Global Solutions, Inc. (United States) and Safenet Inc. (United States) are some of the key players profiled in the study.
The market is seeing fragmented market players, by seeing huge growth in this market the key leading vendors are highly focusing on the production technologies, efficiency enhancement, and product life. There is a various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Software Licensing market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Software Licensing market by Type, Application and Region.
On the basis of geography, the market of Software Licensing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Companies are Shifting toward Software-based Selling
- Growing Transition from Homegrown to Commercial SLM Systems
- Emergence of Utility-based Pricing Model
- Rise of Cloud Governance
- Increasing Demand for Open-source Software/Platform
- Growing Importance of Visibility of licenses Used across Enterprises
- Growth in Emerging Market
- Managing Multiple Licensing Models
- Lack of Internal Cross-functional Collaboration
- Data Security and Privacy Issues of Cloud-based solutions
In July 2020, LicenseFortress, the only company with a software license compliance solution backed by a 100% financial guarantee, announced the selection of Dell Technologies Design Solutions to deliver the LicenseFortress solution on Dell Technologies infrastructure hardware.
Key Target AudienceSoftware Licensing Providers, Government and licensing Providers, Law enforcement, Consultancy firms/advisory firms, Technology investors, Research institutes,, System Integrators and Research/Consultancy firm
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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