About Software Assurance
Software is an important constituent of any business. It contains all sensitive information related to the functioning and operation of the business. Software affects worldwide economic processes and services. Software assurance may be defined because of the strategic and logical set of activities to ensure that code processes and products follow needs, standards, and procedures and are free from vulnerabilities. Software developed must be robust and free from any vulnerabilities or attacks. Software vulnerabilities serve as the most point of entry for attackers who are trying to gain access to systems or information. These vulnerabilities are needed to be checked so as to ensure secure and threat-free code. This is due to the very fact that software and its vulnerabilities endanger business operations, infrastructure operations & services, intellectual property, and client trust. The shift in technology from hardware-centric and disconnected devices to software-centric, connected devices has exposed several vulnerabilities in existing systems. Using traditional code-centric relying on development techniques and an important source scanner to find vulnerabilities in the code is outdated.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Increasing concern and awareness about the software being deployed in businesses are responsible for the growing adoption of software assurance solutions. Thus, factors such as the increasing need for software assurance solutions and the emerging trend of IoT in different industrial sectors are expected to drive the market during the forecast period. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Software Assurance market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mitel Networks Corporation (Canada), Microsoft Corporation (United States), Tata Consultancy Services (India), GrammaTech, Inc (United States), Software Assurance, LLC (United States), Meteor Telecommunications (United States), Silicus Technologies, LLC (United States) and UniqueSoft, LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Software Assurance market by , Application (Banking, Financial Services and Insurance (BFSI), Retail And Consumer Goods, Healthcare, IT And Telecommunications, Transportation And Logistics, Manufacturing, Government, Aerospace &Defense, Media And Entertainment, Energy &Utilities and Others) and Region.
On the basis of geography, the market of Software Assurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Software Assurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Large Size will boost the Software Assurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Service will boost the Software Assurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Concern and Awareness About the Software
Market Growth Drivers:
Rising Adoption of Internet of Things (IoT) To Collect and Exchange Data and Increasing Need for Software Assurance Solutions
Challenges:
Pricing And Licensing Inflexibility in Several Ways
Restraints:
High Cost Related to Outsourcing of Software Assurance
Opportunities:
The Increasing Technological Advancements in Functioning of Governments
Key Target Audience
Providers of Software Assurance, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.