North America held the dominant position in Software Composition Analysis Market in 2017
On the basis of geography, the software composition analysis market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are major economies driving growth of Software Composition Analysis market in this region. Launch of novel products, strategic partnership, and acquisition by key players and increasing funds for the market are some of the factors expected to create a lucrative environment for growth of global software composition analysis market in North America. For instance, in 2016, Checkmarx Inc. entered into strategic partnership with WhiteSource for providing Checkmarx users with a comprehensive Open Source Analysis (OSA) solution
Figure: North America Software Composition Analysis Market, Market share (%)
SOURCE: COHERENT MARKET INSIGHTS, 2018
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