The global software license market will grow with the demand of large IT enterprises like Microsoft, Accenture, and IBM. These software licenses are required to comply with relevant laws and regulations, non-adherence of which can cause heavy penalties. While, there are several organizations providing the free and open licensing domain which provide the guidelines and definitions regarding software licenses. However, the implementation of software license solutions helps in providing the control over piracy to a large extent. Moreover, the software license management involves in keeping track of the software and its maintenance. The key growth driver is the need to reduce piracy issues.
The study indicates that the on-premises segment is dominated the software license market in 2016, accounting for a total market share of more than 53%. However, this segment will drop during the forecast period due to its high maintenance costs. It has also been observed that the vendors who do not offer cloud-based solutions will face increased competition in the coming years as businesses, are preferring cloud over on-premises solutions.
The global Software Licensing Market is expected to grow at USD$ ~14.34 Billion by 2023, at ~8.6% of CAGR between 2017 and 2023.
Software Licensing Market Global Market – Segmentation
- Segmentation by Licensing Type: Proprietary license, GNU General Public License, End User License Agreement, Workstation licenses, Concurrent use license, and others.
- Segmentation by Deployment: On-Premise and On-cloud.
- Segmentation by Services: Consulting services, Implementation & Maintenance services, and Others.
- Segmentation by End-user: Healthcare and Life Sciences, Human Resources, Manufacturing, Government & Defense, BFSI, Education and Research, and Others.
- Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World.
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November 2017, Dimension data and NTT Communications is expected to develop cloud powerhouse by combining their cloud infrastructure as a service under the NTT communication to provide revolutionary transformation in cloud bases solutions which could develop their respective clients across the world.
January 2018, Flexera unveiled the FlexNet Code Insight, an open source software. By open source software, business organization would be able to apply smart approach and would be agile against Open Source Software (OSS) vulnerabilities.
February 2018, Modus link Global Solutions to renamed as SteelConnect Inc. and from Jan 2018, Modus Link Corporation, to provide customer services and problem solving techniques in 42 languages. The company has been witnessing its growth in the digital commerce sector attributed to the Contact Centre which still considered as one of the pillars to a recent series of development and expansions.
The prominent players in the Software Licensing system Market are –Accenture Plc. (Ireland), IBM Corporation (U.S), Agilis International (U.S), HP Inc. (U.S), Dimension Data (South Africa), Inishtech Technology Ventures Ltd (Ireland), Flexera Software (U.S), Microsoft Corporation (U.S), and Moduslink Global Solutions, Inc.(U.S), Safenet Inc. (U.S) among others.
Software Licensing Market Global Market – Regional Analysis
Europe is presumed to dominate the global software licensing market with the largest market share in the region. The U.K., Germany and France are the leading countries in the region. This is attributed to increased adoption rate of the cloud deployment of the software licensing. Furthermore, Asia Pacific is anticipated to be the fastest growing region is over the forecast period. China, India, and Japan are the leading countries in the region. This is due to rapid development of business infrastructure which eventually increase the number of small and medium infrastructure.
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- Software Licensing Providers
- Government and licensing Providers
- Law enforcement
- Consultancy firms/advisory firms
- Technology investors
- Research institutes,
- System Integrators
- Research/Consultancy firms
TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure:
1.3.1 Global Software Licensing Market: By Licensing Type
1.3.2 Global Software Licensing Market: By Deployment
1.3.3 Global Software Licensing Market: By End User
1.3.4 Global Software Licensing Market: By Region
2 Research Methodology
2.1 Research Deployment
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 Market Dynamics
3.2 Market drivers
3.3 Market challenges
3.4 Market opportunities
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
6 Software Licensing Market
6.2 Market Statistics
6.2.1 By Licensing Type
22.214.171.124 Proprietary License
126.96.36.199 Gnu General Public License
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