Software Composition Analysis Market by Growth, Trends, Key Manufacturers Analysis by 2022
The Software Composition Analysis Market is expected to grow from US$ 154.0 Million in 2017 to US$ 398.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Major drivers of the software composition analysis market are dependence of commercial and IoT-based software products on open-source codes and stringent regulations.
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The software composition analysis market has been segmented on the basis of components, organization sizes, deployment types, verticals, and regions. Among the components, the services segment is expected to grow at a higher CAGR during the forecast period and the solutions segment is estimated to have the largest market size in 2017.
North America is the largest regional segment of the software composition analysis market, due to the presence of a large number of players offering software composition analysis solutions. The region is expected to hold the largest market size during the forecast period, as North American organizations are early adopters of software composition analysis solutions and services.
The Study Objectives of this report are:
- To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders by identifying high-growth segments of the market
- To forecast the market size of the segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
- To define, describe, and forecast the software composition analysis market by component (solution and services), organization size, deployment type, vertical, and region
- To profile the key players in the market and comprehensively analyze their market size and core competencies2
- To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations, in the global market
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Top Key Players in the “Software Composition Analysis Market” include are
- Synopsys (US)
- Sonatype (US)
- Veracode (US)
- WhiteHat Security (US)
- WhiteSource Software(US)
- Contrast Security (US)
- Flexera (US)
- nexB (US)
- Rogue Wave Software (US)
- SourceClear (US)
Target Audience for Software Composition Analysis Market
- Cybersecurity vendors
- Software composition analysis solution vendors
- Application security vendors
- Defense organizations
- Government agencies
- ISVs
- Consulting firms
- System integrators
- Value-Added Resellers (VARs)
- Managed Security Service Providers (MSSPs)
- Information Technology (IT) security agencies
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