Global Software Composition Market Size Study by Share, Growth and Demand Forecast to 2027


Posted July 29, 2020 by Vidhyanigam98

The regional analysis of global Software Composition Analysis market is considered
 
Bharat Book Bureau Provides the Treding Market Research Report on "Global Software Composition Analysis Market Size study with COVID Impact, by Component (Solution and Services (Professional and Managed)), by Organization Size (Large enterprises, small and medium sized enterprises), by Deployment Type (On-Premises and Cloud), Vertical (BFSI, Healthcare, Telecom & IT, Government and defense, Retail and e-commerce, Manufacturing, Automotive) and Regional Forecasts 2020-2027" under Media & Technology Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

Global Software Composition Analysis Market is valued approximately USD 228 million in 2019 and is anticipated to grow with a healthy growth rate of more than 20.9 % over the forecast period 2020-2027. Software Composition Analysis (SCA) is a software that provide security against potential cyber threats. The software is responsible for carrying out thorough security review of the software code as well as reviewing open-source material at each stage of the life cycle of software creation (SDLC). Growing consumer preference for online transactions and growing penetration of various services like Real-Time Gross Settlement Systems (RTGS), National Electronic Fund Transfer (NEFT), Electronic Clearing Service (ECS) as well as mobile transactions are key factors likely to fuel the growth of the global market for software composition analysis over the forthcoming years.

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According to Statista, it is estimated that 1,8 billion people worldwide bought goods online in 2018. The same year, global e-retail sales amounted to 2.8 trillion US dollars as well as estimates suggest an increase of up to 4.8 trillion US dollars by 2021. Transaction value in the Digital Payments section is expected to reach Us$ 4,406,431 million in 2020. The high application of software composition analysis solutions in the FinTech sector as well as the growing demand for cloud-based software composition analysis solutions are expected to offer lucrative opportunities for the market for software composition analysis to thrive. For example, in 2016, Checkmarx Inc. entered into a strategic partnership with WhiteSource Software Ltd. to provide a comprehensive Open Source Analysis (OSA) solution to the users of Checkmarx Inc. DevOps and budgetary constraints between small and medium-sized enterprises are the restraining factors while adopting solutions and services for software composition analysis.

The regional analysis of global Software Composition Analysis market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The market in North America is anticipated to dominate the global market for software composition analysis in terms of revenue over the forecast timeframe, due to the rising adoption of software composition analysis across different organizations in different countries in the region. The market in Asia-Pacific is expected to register significant revenue growth during the forecast period, due to technological advances in the numerous countries in the region.

Major market player included in this report are:
- Synopsys
- Sonatype
- Veracode
- WhiteHat Security Inc
- WhiteSource Software
- Contrast Security Inc
- Flexera
- nexB Inc
- Rogue Wave Software
- SourceClear

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Component
- Solution
- Services
- Professional services
- Managed services
- By Organization Size
- Large enterprises
- Small and Medium-sized Enterprises (SMEs)

By Deployment Type
- On-premises
- Cloud

By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- Telecom and IT
- Healthcare
- Government and defense
- Retail and e-commerce
- Manufacturing
- Automotive
- Others

By Region:
- North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea

RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World

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Last Updated July 29, 2020