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Global $398.4 Million Software Composition Analysis Market 2018-2022 by Component, Organization Size, Deployment Type, and Vertical - ResearchAndMarkets.com
[February 12, 2018]

Global $398.4 Million Software Composition Analysis Market 2018-2022 by Component, Organization Size, Deployment Type, and Vertical - ResearchAndMarkets.com


The "Software Composition Analysis Market by Component (Solution and Services (Professional and Managed)), Organization Size, Deployment Type (On-Premises and Cloud), Vertical (BFSI, Healthcare, Telecom & IT), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The software composition analysis market size is expected to grow from USD 154 Million in 2017 to USD 398.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period.

The BFSI vertical is expected to dominate the market by verticals with the largest market size, whereas the retail and e-commerce vertical is expected to grow at the highest CAGR during the forecast period. The BFSI vertical's dominance is attributed to the fact that these enterprises rely heavily on the open-source software technology to increase their operational efficiency and avoid proprietary source code vendor lock-ins. The retail and e-commerce vertical is focused on cost-cutting, improving the revenue margin, and adhering to various regulatory compliances. To achieve this, the retail and e-commerce vertical is increasingly adopting open-source components and hnce, is rapidly deploying software composition analysis solutions for Open Source (News - Alert) Software (OSS) security.



Market Dynamics

Drivers


  • Increasing Levels of Threats and Risks in Open-Source Codes
  • Commercial and IoT-Based Software Products' Dependence on Open-Source Codes
  • Stringent Regulations

Restraints

  • Streamlined Operations and Agility Due to Devops Inhibit the Growth of the Software Composition Analysis Market
  • Budget Constraints Among SMES

Opportunities

  • High Adoption of Software Composition Analysis Solutions in the Fintech Sector
  • Increase in Demand for Cloud-Based and Hybrid Software Composition Analysis Solutions Among SMES

Challenges

  • Lack of Awareness About Software Composition Analysis Solutions Among Enterprises
  • Lack of Technical Expertise Among the Enterprise Workforce, and Difficulties in Collaboration Between the Development and Security Teams

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Software Composition Analysis Market, by Component

7 Software Composition Analysis Market, by Deployment Type

8 Market, by Organization Size

9 Market, by Vertical

10 Software Composition Analysis Market, by Region

11 Competitive Landscape

12 Company Profiles

  • Contrast Security
  • Flexera
  • nexB
  • Rogue Wave Software
  • Sonatype
  • Sourceclear
  • Synopsys (News - Alert)
  • Veracode (CA Technologies)
  • Whitehat Security
  • Whitesource Software

For more information about this report visit https://www.researchandmarkets.com/research/3std7g/global_398_4?w=4


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