Software Composition Analysis Market Report, by Component (Solution, Services), by Deployment Model (Cloud Based and On-Premise), by Organization Size (Small & Mid-sized Enterprises and Large Organizations), by Vertical( Banking, Financial Services, and Insurance, Government & Defense, IT & Telecom, Healthcare, Retail & E-Commerce, Automotive, Manufacturing, and Others), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026

  • Published On : Aug 2018 |
  • Pages : 144 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Software Composition Analysis Market - Insights

Software composition analysis solutions & services are responsible for checking open-source contents at every stage of the software development life cycle (SDLC). These solutions can detect vulnerabilities and have ability for risk management, alerting and reporting, license management, policy management, and remediation. The global Software Composition Analysis Market generated revenue of US$ 194.7 million in 2017. The global Software Composition Analysis Market is expected to generate a revenue of US$ 582.9 million with a CAGR of 15.7% by 2025.

Growing applications in BFSI sector is expected to offer lucrative growth opportunities for the software composition analysis solutions and services during the forecast period.

The banking and finance sector could benefit by adopting IT solutions for improvement of banking services. For instance, according to the Coherent Market Insights’ analysis, in 2014, the IT spending on BFSI sector was US$ 487.2 billion, which increased to US$ 498.42 billion in 2015. Increasing adoption of online transactions and rising use of services such as National Electronic Fund Transfer (NEFT), Real-time Gross Settlement Systems (RTGS), Electronic Clearing Service (ECS), and mobile transactions is propelling demand for security solutions. This is owing to facility of safe and secure tractions provided by the software composition analysis solutions and services, as online transactions are vulnerable to hacking.  

Figure: Global Software Composition Analysis Market, by Solution (2017, %)

SOURCE: COHERENT MARKET INSIGHTS, 2018

 

The Banking, Financial Services, and Insurance (BFSI) segment held the dominant position in 2017.

On the basis of industry vertical, the global Software Composition Analysis Market size is segmented into banking, financial services, & insurance (BFSI), government & defense, IT & telecom, healthcare, retail & E-commerce, automotive, manufacturing, and others. The BFSI segment held dominant position in the Software Composition Analysis Market in 2017 and is projected to retain its dominance throughout the forecast period. High adoption of open source software in banking, financial services and insurance sector is one of the major driving factors for growth of the segment.

Majority of the banks and financial institutions use open source software to increase operation efficiency and avoid vendors lock-in. Furthermore, government institutions are focusing on creating awareness related to use of open software. For instance, The Institute for Development & Research in Banking Technology (IDRBT), constituted by the Reserve Bank of India, is helping banks in India, to integrate affordable technologies in banking system such as open source software. Some of the application areas for open source software include, mobile banking, business intelligence, setting up of financial portals, and others.

North America held the dominant position in Software Composition Analysis Market in 2017

On the basis of geography, the software composition analysis market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are major economies driving growth of Software Composition Analysis market in this region. Launch of novel products, strategic partnership, and acquisition by key players and increasing funds for the market are some of the factors expected to create a lucrative environment for growth of global software composition analysis market in North America. For instance, in 2016, Checkmarx Inc. entered into strategic partnership with WhiteSource for providing Checkmarx users with a comprehensive Open Source Analysis (OSA) solution

Figure: North America Software Composition Analysis Market, Market share (%)

SOURCE: COHERENT MARKET INSIGHTS, 2018

Key Players- Global Software Composition Analysis Market.

The major players operating in the global AIops Platform industry include, WhiteSource Software, Sonatype, Inc., Synopsys, Inc., WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc., SourceClear, and Rogue Wave Software..

Software composition analysis (SCA) is a software that is used to provide security from potential cyber threat. It is responsible for performing detailed software code security analysis when developing or buying any software. Enterprises can find and fix a software vulnerability to prevent being exploited for malicious purposes with help of SCA by reviewing internally developed applications before being deployed and third-party software before being purchased.   

Market Dynamics

Increasing security concerns in open source coding and growing adoption of cloud-based technologies are the major factors driving growth of the software composition analysis market. According to Coherent Market Insights’ analysis, by 2020, around 92%of the workload is expected to be processed by cloud data centers. Moreover, increasing adoption of mobile devices and internet is expected to escalate the overall market growth. For instance, according to Coherent Market Insights’ analysis, around 3.4 billion internet users were reported worldwide in 2016, and around 44% of the global population accessed internet in the same year. Majority of the global internet users were located in Asia Pacific. China was the leading country in digital marketing in the world with over 720 million internet users in 2016.

Key features of the study:

  • This report provides in-depth analysis of Software Composition Analysis market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the key players
  • It profiles key players in the global Software Composition Analysis market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, Software Composition Analysis Market capital, key developments, strategies, and future plans
  • Companies covered as part of this study include, WhiteSource Software, Sonatype, Inc., Synopsys, Inc., WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc., SourceClear, and Rogue Wave Software.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global Software Composition Analysis market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global Software Composition Analysis market

Detailed Segmentation:

  • Global Software Composition Analysis Market, By Component:
    • Solution
      • Policy management
      • Risk Management, Alerting, and Reporting
      • Vulnerability Detection
      • License Management
      • Others
    • Services
      • Professional Services
        • Consulting Services
        • Support & Maintenance
        • Others
      • Managed Services
  • 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
  • Global Software Composition Analysis Market, By Geography:
    • North America
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Component
        • Solution
          • Policy management
          • Risk Management, Alerting, and Reporting
          • Vulnerability Detection
          • License Management
          • Others
        • Services
          • Professional Services
          • Managed Services
      • By Deployment Model
        • Cloud-Based
        • On-Premise
      • By Organization Size
        • Small and Mid-size Companies
        • Large Enterprises
      • By Vertical
        • Banking, Financial Services, and Insurance
        • Government & Defense
        • IT & Telecom
        • Healthcare
        • Retail & E-Commerce
        • Automotive
        • Manufacturing
        • Others
      • By Country:
        • Northern Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • International Business Machines Corporation
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • WhiteSource Software
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • Sonatype, Inc.
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • Synopsys, Inc.
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • WhiteHat Security
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • Veracode (CA Technologies)
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • Flexera
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • NexB, Inc.
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • SourceClear
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence
    • Rogue Wave Software
      • Company Highlights
      • Key Developments
      • Product Portfolio
      • Market Presence
      • Marketing and Promotional Activities
      • Strategic Presence

Table of Content

  1. Research Objectives and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Component
      • Market Snippet By Deployment Model
      • Market Snippet By Organization Size
      • Market Snippet By Vertical
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trends
    • Value Chain Analysis
    • Merger and Acquisitions
    • New Product Approvals/Launch
    • Porter’s Analysis
    • PEST Analysis
  4. Global Software Composition Analysis Market, By Component, 2015 – 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Segment Trends
    • Solution
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
      • Policy management
      • Risk Management, Alerting, and Reporting
      • Vulnerability Detection
      • License Management
      • Others
    • Services
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
      • Professional Services
        • Consulting Services
        • Support & Maintenance
        • Others
      • Managed Services
  5. Global Software Composition Analysis Market, By Deployment Model, 2015 – 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Segment Trends
    • Cloud-Based
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • On-Premise
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
  6. Global Software Composition Analysis Market, By Organization Size, 2015 – 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Segment Trends
    • Small and Mid-sized Organization (SMEs)
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Large Organization
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
  7. Global Software Composition Analysis Market, By Vertical, 2015 – 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Segment Trends
    • Banking, Financial Services, and Insurance
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Government & Defense
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • IT and Telecom
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Retail & E-Commerce
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2017 - 2025, (US$ Million)
  8. Global Software Composition Analysis Market, By Geography, 2015 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Regional Trends
    • North America
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • Germany
        • U.K.
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, By Component, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Deployment Model, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Organization Size, 2017 - 2025 (US$ Million)
      • Market Size and Forecast, By Vertical, 2017 - 2025 (US$ Million)
      • Market Share Analysis, By Country, 2017 and 2025 (%)
        • Northern Africa
        • Central Africa
        • South Africa
  9. Competitive Landscape
    • Company Profiles
      • WhiteSource Software
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • Sonatype, Inc.
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • Synopsys, Inc.
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • WhiteHat Security
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • Veracode (CA Technologies)
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • Flexera
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • NexB, Inc.
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • SourceClear
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
      • Rogue Wave Software
        • Company Highlights
        • Key Developments
        • Product Portfolio
        • Market Presence
        • Marketing and Promotional Activities
        • Strategic Presence
    • Analyst Views
  1. Section
  • References
  • Research Methodology
  • About us and Sales Contact

 

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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