Increase In Software Piracy To Drive Growth Of Global Software License Market Technology Articles | August 9 Wholesale Graham Glasgow Jersey , 2016
MarketResearchReports.biz has proclaimed the addition of a new report, titled “Global Software License Management Market?2016-2020.” The report highlights the global growth prospects for the software license management market and tracks the historical developments that have occurred in this field.?
According to the report, the global market for software license management is expected to grow at a CAGR of 9% from 2016 to 2020. The study provides a complete overview of the trends, size Wholesale Michael Roberts Jersey , and market segmentation by region, form, and development model. The report considers the revenue generated from the total consumption of software license management solutions globally to calculate the size of the market.
The use of software without license counts as an infringement of copyright laws. Thus, software licensing is the solution for piracy Wholesale Kenny Golladay Jersey , as it provides the usage rights for packaged software or components of software by acting as an agreement. Piracy and malware are the major drivers for the implementation of software licensing management solutions.
The report states that the increase in license and compliance audits is expected to boost the demand for software licensing. As enterprises are feeling the need to ameliorate issues regarding piracy, they are becoming more vigilant and keen to adopt software licenses. The opportunities that vendors of software licensing are likely to gain in the future are focused on the growing desktop virtualization, upsurge in cloud governance, and the advent of pricing models that are based on utility.
According to the report Wholesale Jarrad Davis Jersey , EMEA is anticipated to lead with a market share of approximately 45% by 2020. EMEA countries, particularly developed countries in Western Europe, are aware of the high risks associated with non-compliance of software licensing and, due to the hefty fines enterprises have to pay for piracy Wholesale Marvin Jones Jr Jersey , enterprises in EMEA countries are adopting software licensing, leading to a boost in the demand for software license management.