According to market research study published by Gen Consulting Company, the global license management market stood at around USD 973 million in 2021 and is projected to rise to a worth of USD 1,744 million by 2028 end, thereby garnering a CAGR of 9.1% during 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the type, deployment mode, application, and region. The global market data on license management can be segmented by type: software, service. The software segment was the largest contributor to the global license management market in 2021. License management market is further segmented by deployment mode: on-premise, cloud. According to the research, the cloud segment had the largest share in the global license management market. Based on application, the license management market is segmented into: financial, healthcare, IT & telecom, media, others. The financial segment held the largest revenue share in 2021. On the basis of region, the license management market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, North America made up the largest share of the license management market.

The global license management market is highly competitive. Key companies profiled in the report include Cherwell Software LLC, DXC Technology Company, Flexera Software LLC, IBM Corporation, Oracle Corporation, ServiceNow Inc., Snow Software AB, USU Software AG.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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