Software License Management Market Outlook:
Software License Management Market size was valued at USD 3.27 billion in 2025 and is likely to cross USD 11.7 billion by 2035, registering more than 13.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of software license management is assessed at USD 3.67 billion.
The software license management market's growth can be attributed to the rising number of software audits in business operations. The software audit primarily works as “health check” for the company’s IT infrastructure. These audits ensure whether the software systems are functioning correctly and in line with business objectives. In case a company does not conduct a software audit, there are increased security vulnerabilities such as data breaches. For instance, according to Harvard Business Review, the number of data compromises in 2023 jumped 78% from the previous year due to supply chain attacks.
Additionally, SLM is widely adopted by entrepreneurs as it provides visibility into the usage of software and allows companies to find out and eradicate unnecessary licenses. It also helps in finding out better deals based on data usage and saves costs. These factors are fueling the demand for the SLM in the coming period.