March, 2022- In order to assist businesses in using automation to simplify IT asset management, IBM introduced new solutions with IT management software provider Flexera and IBM Turbonomic Application Resource Management (ARM). The new approaches are intended to assist companies in reducing expenses and automating the increasingly difficult processes of software license compliance and optimization.
March 2019- Ivanti, a company that unifies IT to more effectively manage and secure the digital workplace, has now released Ivanti® Optimizer for SAP, a software license optimization solution that offers complete license visibility, optimization, and management for SAP settings.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5204
Published Date: Aug 31, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The proliferation of software applications across industries, the rise of cloud & and SaaS, globalization of businesses is some of the major growth drivers for the market of software License Management
The market size of Software License Management is anticipated to attain a CAGR of 10.5 % over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Snow Software, Microsoft, Oracle, ASPERA Technology s.r.o., ServiceNow, Inc., Ivanti, and Broadcom., BMC Software, Inc, SAMAC and others
The Cloud-based segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.