The latest research report by Emergen Research, named ‘Global Software Asset Management (SAM) Market’, entails a comprehensive review of the global Software Asset Management (SAM) market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Software Asset Management (SAM) industry, particularly the current COVID-19 scenario. Exhaustive coverage of the COVID-19 impact on the Software Asset Management (SAM) industry is a major attraction of the report.
The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness. The market intelligence report takes a closer view of the global market share, estimated growth rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. The report clearly defines the Software Asset Management (SAM) market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Software Asset Management (SAM) industry.
The global Software Asset Management (SAM) market size was USD 2.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increasing need for businesses to manage and optimize the distribution, acquisition, use, maintenance, and disposal of software programs, cost savings on software purchases, and rising requirement to manage audits and adhere to regulatory norms are key factors driving market revenue growth. SAM is a business process that includes managing and enhancing purchase, maintenance, deployment, utilization, and discarding of numerous software applications within an enterprise.
SAM t enhances cost-savings, reduces risk of penalties and license audit, and improves licensing optimization and security and utilization of software assets. In addition, latest advancement of Artificial Intelligence (AI) due to major advantages of enhanced predictive maintenance, optimized asset allocation, streamlined processes, improved safety and compliance, and enhanced lifespan of asset is another key factor driving revenue growth of the market.
To learn more details about the Global Software Asset Management (SAM) Market report, visit @ https://www.emergenresearch.com/industry-report/software-asset-management-market