Software Asset Management Market Scope Future Growth Comprehensive Analysis Report 2033

 

The Software Asset Management (SAM) market is a rapidly growing industry that helps organizations effectively manage their software assets. This includes identifying, tracking, and optimizing the use of software across an organization to ensure compliance with licensing agreements, reduce costs, and increase efficiency.

SAM solutions can be provided through both on-premise and cloud-based platforms, and are used by organizations of all sizes, across various industries. Major vendors in the SAM market include IBM, Micro Focus, Flexera, Snow Software, and ServiceNow. According to a report by MarketsandMarkets, the global SAM market size is expected to grow from $3.65 billion in 2020 to $6.90 billion by 2025, at a CAGR of 14.1% during the forecast period.

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