License Management Market, By Component (Software and Services), By Deployment (Cloud-based and On-premises), By End-use Industry (BFSI, Healthcare, IT and Telecommunication, Manufacturing, Retail and Consumer Goods, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Aug 2024

Code : CMI5220

Pages :165

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

License Management Market Concentration By Players

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Supporting multi-vendor environments

Growing need to manage licenses from multiple software vendors through a single platform can drive the market growth. Earlier, organizations would typically deploy solutions from one or two key vendors in their environment. However, nowadays firms leverage tools from a wide array of providers to meet diverse business needs. This has drastically increased the license administration overhead. Managing licenses from dozens of different vendors using spreadsheets and disjointed processes is an ineffective and error-prone approach. Vendors in the license management market are helping companies to overcome this challenge by offering integrated platforms that provide a consolidated view of all licenses alongside efficient usage monitoring and compliance for every vendor in the IT landscape. This is proving valuable for enterprises and boosts spending on license management capabilities.

Key Players Insights