Market Overview:
The software composition analysis is a group of techniques used to evaluate and improve the effectiveness of software products, such as those that are designed for use in finance or computer science. These include methods like technical analysis, software modeling, or software verification. Software composition analysis is also sometimes referred to as software engineering, owing to the significant involvement of software professionals in the process. A strong software composition process can help ensure that a product is developed, tested, and maintained using the most appropriate software in the most relevant situations.
Competitive Landscape:
WhiteSource Software, Sonatype, Inc., Synopsys, Inc., WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc., SourceClear, and Rogue Wave Software..
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Market Dynamics:
Growing risk to open-source codes and reliance on commercial and IoT-based software services on open-source codes is a prime factor driving the growth of the software composition analysis. Moreover, expansion of e-commerce has resulted in the rise in the adoption of various services such as Real-time Gross Settlement Systems (RTGS), Electronic Clearing Service (ECS), National Electronic Fund Transfer (NEFT), and mobile transactions is again fostering the growth of the software composition analysis market. According to the India Brand Equity Foundation, Indian e-commerce is projected to increase from 4% of the total food and grocery, apparel, and consumer electronics retail trade in 2020 to 8% by 2025. As of August 2020, the number of internet connections in India significantly increased to ~760 million, driven by the ‘Digital India’ programme.
North America is projected to gain significant growth over the forecast period and this is attributed to the strong presence of the IT &software industry in the region. According to CompTIA, there is more than 525,000 software and IT services companies in the United States around 40,500 tech startups were established in 2018 alone). Also, the rapid adoption of such advanced technology in the region is again fostering the growth of the software composition analysis market.
Geographically, the report examines production, consumption, revenue, market share, growth rate, and forecasts for the following regions:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Some of the important questions answered in this report include:
What are the top five Software Composition Analysis Market players?
What will the Software Composition Analysis Market look like in the following years?
Which product and application will dominate the Software Composition Analysis Market?
What are the Software Composition Analysis Market’s drivers and restraints?
Which regional market will represent the highest growth?
What will be the CAGR and market size of the Software Composition Analysis Market over the forecast period?
What is the present market size, what will it be in 2029, and what will be the growth rate?
What are the constraints to market growth?
What market opportunities and risks do the key companies face?
Who are the main competitors, and what is their strategic approach?
What are the market’s entry challenges for new players?
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Detailed TOC of Software Composition Analysis Market Forecast Report:
1 Software Composition Analysis Market Overview
1.1 Product Overview and Scope of Software Composition Analysis Market
1.2 Segment by Type
1.3 Global Segment by Application
1.4 Global Market, Region Wise (2017-2022)
1.5 Global Market Size of Software Composition Analysis Market (2017-2029)
2 Global Software Composition Analysis Market Landscape by Player
2.1 Global Software Composition Analysis Market Sales and Share by Player (2017-2022)
2.2 Global Revenue and Market Share by Player (2017-2022)
2.3 Global Average Price by Player (2017-2022)
2.4 Global Gross Margin by Player (2017-2022)
2.5 Manufacturing Base Distribution, Sales Area and Product Type by Player
2.6 Market Competitive Situation and Trends
3 Software Composition Analysis Market Upstream and Downstream Analysis
3.1 Industrial Chain Analysis
3.2 Key Raw Materials Suppliers and Price Analysis
3.3 Key Raw Materials Supply and Demand Analysis
3.4 Manufacturing Process Analysis
3.5 Market Concentration Rate of Raw Materials
3.6 Downstream Buyers
3.7 Value Chain Status Under COVID-19
Market Scale and Segment Analysis:
Global Software Composition Analysis Market, By Component:
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- Solution
- Policy management
- Risk Management, Alerting, and Reporting
- Vulnerability Detection
- License Management
- Others
- Services
- Professional Services
- Consulting Services
- Support & Maintenance
- Others
- Managed Services
- Professional Services
- Solution
- Global Software Composition Analysis Market, By Deployment Model
- Cloud Based
- On-Premise
- Global Software Composition Analysis Market, By Organization Size
- Small and Mid-sized Companies
- Large Enterprises
- Global Software Composition Analysis Market, By Verticals
- Banking, Financial Services, and Insurance
- Government & Defense
- IT & Telecom
- Healthcare
- Retail & E-Commerce
- Automotive
- Manufacturing
- Others
Key Developments:
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In May 2018, WhiteSource, the provider of open source security and license compliance management announced the launch of its next-generation Software Composition Analysis solutions – Effective Usage Analysis
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In June 2020, Checkmarx announced the launch of Checkmarx SCA (CxSCA), the company’s new, SaaS-based software composition analysis solution
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In August 2019, – Veracode, a provider of application security testing (AST) announced its new Veracode Software Composition Analysis (SCA), to offers both vulnerable methods detection technology as well as machine learning models to identify vulnerabilities that have been fixed by open source projects but not disclosed to the National Vulnerability Database (NVD).
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The post Software Composition Analysis Market Insights: 2022, Growth Factors with Geographical Analysis and Opportunities | WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc. appeared first on Gatorledger.
