TechNavio recognizes the following companies as the key players in the Global Software License Management Market: Flexera Software , SafeNet Inc., and Wibu-Systems AG.
Commenting on the report, an analyst from TechNavio’s team said: “Virtualization, means maximizing the capabilities of a PC or server. New server environments can be implemented without new hardware, lots of machines can be supported by a single physical server and applications also can easily be streamed from server to desktop. This provides organizations a method to reduce the IT infrastructure hardware and management costs, this is a rapidly growing technique in the Software industry. Virtualization itself is of two categories, one is hardware virtualization and another one is software virtualization. Hardware virtualization means that a single machine is configured to simultaneously run multiple virtual machines which act as if they are completely independent and have their own operating system. The benefit of having a virtual server is to eliminate complexities associated with running multiple applications on a single server. Software virtualization includes network virtualization, desktop virtualization, storage virtualization, and application virtualization. In software virtualization, information is pooled in at a central source and then distributed to other sources as needed, effectively conserving resources and bandwidth. The rapidly growing popularity of virtualization within enterprises makes software vendor to license and control the application within any virtual environment critical to business growth and hence it is a trend in the Global Software License Management market.”
According to the report, one of the major drivers is the increased usage of SaaS. With the presence of a SaaS platform, customers can access the software over the internet platform from anywhere and at any time, this reduces the problem of location and time. Increasing demand for SaaS will also lead to an increase in the demand for software licensing methods for cloud-based products.
Further, the report states that the issues pertaining to data security and privacy is one of the major challenges confronting the Global Software License Management market. Enterprises today deal with confidential data of their customers and due to the emergence of various architectures such as cloud and virtualization, the issue of data security and privacy is one of the leading challenges for this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-software-license-management-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Software License Management Market 2012-2016
