Albany, NY -- (SBWIRE) -- 07/15/2016 -- About the Software license management

The major drivers for the adoption of software licensing are piracy and malware. Software licensing acts as an agreement to solve these issues. It provides the rights to use packaged software or components of software. The use of a software without proper licensing would constitute an infringement of copyright laws. All enterprise applications are offered to end-users through licenses. Software licenses are of different types; some are based on the number of users that are allowed to use the program and others are based on the number of systems on which a program can be run.

Technavios analysts forecast the global software license management market to grow at a CAGR of 8.8% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global software license management market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of global software license management market. The report does not include revenue generated from the aftermarket service of the product.

Technavio's report, global software license management market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Flexera Software
Reprise Software
SafeNet
Snow Software
Wibu-Systems

Other prominent vendors
Agilis
IBM
InishTech
License4J
ManageEngine
Moduslink
Persistent Security
X-Formation

Market driver
Increasing license compliance audits
For a full, detailed list, view our report

Market challenge
Managing multiple licensing models
For a full, detailed list, view our report

Market trend
Growing virtualization of desktops
For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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