Software License Management Market Growth, Trends, Analysis and Forecast


Technavio Announces the Publication of its Research Report – Global Software License Management Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Software License Management Market: Flexera Software, Reprise Software, SafeNet, Snow Software, Wibu-Systems,

Commenting on the report, an analyst from Technavio’s team said: “Virtualization maximizes the capabilities of a PC or server. New server environments can be implemented without new hardware, lots of machines can be supported by a single physical server, and applications also can easily be streamed from server to a desktop. Virtualization, which is a rapidly growing technique in the software industry, help organizations reduce the costs associated with the IT infrastructure and management. Virtualization is divided into two categories: hardware virtualization and software virtualization.”
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According to the report, a key growth driver is the need to reduce piracy issues. Reducing the adoption and penetration of pirated software is the need of the hour in the software industry. Software piracy is very common in the business-to-customer market. Piracy of any software decreases the revenue generated by software publishers. With the implementation of software license management solutions, piracy can be controlled to a large extent. Software license management involves keeping track of the software and its maintenance. With the help of this, end-users will be able to know that the piracy of the software has occurred, and measures can be taken as soon as detection is made.

Further, the report states that a major factor that lack of internal cross-functional collaboration. Software license management solutions consolidate enterprise-wide software licensing assets to provide a single platform for visibility. In order to...