We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X

Software Asset Management Market

Top Companies in Software Asset Management Industry - Flexera (US) and USU Software AG (Germany)

The software asset management market is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period, from USD 3.5 billion in 2024 to USD 7.3 billion by 2029. The adoption of software asset management solutions is expected to be driven by the shift to cloud computing, increasing regulatory compliance requirements, and the growing need for organizations to optimize their software spending and manage cybersecurity risks more effectively.

Top Companies in Software Asset Management Indusrty Include

  • Flexera
  • USU Software AG
  • Ivanti
  • BMC Software
  • ServiceNow

To know about the assumptions considered for the study download the pdf brochure

Flexera

Flexera is a prominent provider of SaaS-based IT management solutions that drive digital transformation and maximize the value of technology investments for enterprises. The company delivers definitive visibility into complex hybrid IT ecosystems, enabling organizations to gain unparalleled IT insights and seize technology opportunities. Flexera's solutions facilitate IT transformation by offering actionable intelligence across various dimensions, allowing effective management, governance, and optimization of hybrid IT estates. The company's technology value optimization solutions, including Software License Optimization, Software Licensing & Entitlement Management, Application Packaging, Enterprise App Stores, Software Vulnerability Management, Technology Asset Management, Cloud Management, and FinOps, are trusted by over 50,000 customers worldwide. Supported by a team of 1,300+ passionate members, Flexera provides tools that help organizations achieve technology spending efficiency, particularly in hybrid IT environments. For instance, Flexera One's Software Asset Management platform uses intelligent product use rights and algorithms to automate license position calculations for complex software from major vendors like Microsoft, IBM, SAP, Oracle, and Salesforce; this enables customers to save costs on software and mitigate audit risks, providing the insights needed for effective license compliance and cloud cost management.

USU Software AG

USU Software AG, headquartered in Möglingen, Germany, is a leading multinational provider of software and services for IT and customer service management. With a focus on digitalizing IT and customer services, USU serves over 1,200 customers worldwide, helping them adapt to the evolving demands of a digitalized work environment. USU's comprehensive portfolio includes IT & Enterprise Service Management, Software Asset Management, Knowledge Management, IT Monitoring, and Digital Consulting. Their ITIL-compliant solutions enable strategic and operational service management, digitizing and automating processes for enhanced efficiency. The software asset management solutions optimize software usage, mitigate risks, and achieve significant cost savings, managing licenses for major manufacturers in data centers and the cloud. USU's Knowledge Management supports service organizations with intelligent chatbots, voice bots, self-service systems, and an active knowledge database, ensuring high customer satisfaction. IT Monitoring ensures maximum IT availability and seamless operations across complex hybrid infrastructures.

Additionally, USU provides digital consulting services, assisting companies with digital transformation with customized IT solutions. Their software asset management services, now branded under Aspera, offer tailored, ongoing support, ensuring compliance, cost savings, and strategic decision-making through advanced software asset management technologies and professional services. Trusted by top brands, USU's solutions deliver measurable value and robust IT visibility.

Ivanti

Ivanti is an American IT software company headquartered in South Jordan, Utah. Formed in January 2017 through the merger of LANDESK and HEAT Software, Ivanti specializes in IT security, IT service management, IT asset management, unified endpoint management, identity management, and supply chain management. The company offers solutions designed to streamline and secure digital workplaces, enabling organizations to manage and protect their IT assets effectively. Ivanti has a global presence, with 36 offices in 23 countries, serving over 35,000 customers and partnering with more than 7,000 organizations worldwide.

BMC Software

Founded in 1980, BMC Software is an American multinational enterprise software company based in Houston, Texas. The company provides IT services and consulting, focusing on enabling businesses to become autonomous digital enterprises. BMC's product portfolio includes solutions for automation, service management, DevOps, workflow orchestration, AIOps, and security. Notably, BMC supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which utilizes machine learning to enhance system efficiency. The company also offers Control-M, an application workflow orchestration platform that allows businesses to manage complex operations through a single interface. As of 2021, BMC reported revenues of over $2 billion and employed approximately 6,000 people globally.

ServiceNow

Established in 2003, ServiceNow is an American software company headquartered in Santa Clara, California. The company provides a cloud computing platform designed to help organizations manage digital workflows for enterprise operations. Initially focusing on IT service management, ServiceNow has expanded its offerings to include various business functions such as human resources, finance, and customer service. The platform integrates artificial intelligence to automate routine tasks and enhance operational efficiency. Under the leadership of CEO Bill McDermott, ServiceNow has emphasized innovation and the integration of AI into its products, aiming to streamline workflows and improve productivity across organizations.

Related Reports:

Software Asset Management Market Size Share, Growth Analysis, by Solutions (License Management, Audit & Compliance Management, Software Discovery, Optimization, & Metering, Contract Management, Configuration Management) - Global Forecast to 2029

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Software Asset Management Market Size,  Share & Growth Report
Report Code
TC 6097
RI Published ON
6/28/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2025 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status