Software Composition Analysis Market By Component (Solution and Services), By Organization Size (Small and Medium Sized Enterprises (SMES) and Large Enterprises), By Deployment Type (On-Premises and Cloud), By Industry Verticals (Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Healthcare, Government and Defence, Retail and E-Commerce, Manufacturing, Automotive, and Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI19219 | Publish Date: January 2024 | No. of Pages: 145

Global Software Composition Analysis Market Overview

The Software Composition Analysis market accounted for US$ 253.9 million in 2024 and is estimated to be US$ 789.7 million by 2034 and is anticipated to register a CAGR of 12%.

Software composition analysis is an open source management tool for software development life cycle (SDLC), wherein it utilizes set of tools to identify risk in an open source inventory/library, so as to prevent security breach and license risk. Rapid adoption of open source coding for majority of software for making an application. Hence in order to prevent the security breach it has become necessary to automate open source management process. A set of tool used to identify security risk during software development life cycle for and open source coded software is called as software composition analysis. Major factors driving growth of the software composition analysis market are increasing smart phone adoption and increasing number of applications. This has led to increased risk for open source codes.  

Global Software Composition Analysis Market Dynamics

Increasing Adoption on Cloud Based Solution

Increasing mobile based application coupled with increasing smart phone adoption, has led to increased threat and risk for open source software. This is a major factor driving growth of the software composition analysis market. In addition, increasing adoption on cloud based solution and increasing penetration of internet of things, has further made application prone to security attacks. This is another factor expected to further fuel growth of the market to a significant extent over the forecast period. Lack of funds among SMEs and lack of technical professional are major factors hampering growth of the software composition analysis market. However, increasing demand for software composition analysis from fintech sector is expected to create lucrative opportunities for major players during the forecast period.

Global Software Composition Analysis Market Segmentation

 

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The  software composition analysis market is segmented on the basis of component, organization size, deployment type, industry verticals, and region.

On the basis of component, the  market is segmented into solution and services.

On basis of organization size, the software composition analysis market is segmented into small and medium sized enterprises SMES and large enterprises. On the basis of deployment type, the market is segmented into on-premises and cloud.

On the basis of industry verticals, the target market is segmented into banking, financial services, and insurance (BFSI), telecom and IT, healthcare, government and defence, retail and e-commerce, manufacturing, automotive, and others. 

Regional Insights:

The Software Composition Analysis market accounted for US$ 253.9 million in 2024 and is estimated to be US$ 789.7 million by 2034 and is anticipated to register a CAGR of 12%. On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market in North America accounts for highest share in terms of revenue as compared to that of other regions and is expected to maintain its dominance in the market over the forecast period. The Asia Pacific software composition market is expected to witness highest growth in the market over the forecast period

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 – 2034

Market Segmentation

By Component - Solution and Services

By Organization Size – Small and Medium Sized Enterprises (SMES) and Large Enterprises

By Deployment type – On-Premises and Cloud

By Industry Vertical - Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Healthcare, Government and Defence, Retail and E-Commerce, Manufacturing, Automotive, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global Software Composition Analysis  market report based on component, organization size, deployment type, industry verticals, and region.

 Software Composition Analysis  Market, By Region:

  • North America
    • Canada
    • U.S.
  • Europe
    • Rest of Europe
    • Italy
    • Russia
    • France
    • UK
    • Germany
  • Asia Pacific
    • Rest of Asia Pacific
    • South Korea
    • Japan
    • India
    • China
  • Latin America
    • Rest of Latin America
    • Mexico
    • Brazil
  • Middle East & Africa
    • Rest of Middle East & Africa
    • South Africa
    • Israel
    • GCC

Global Software Composition Analysis Market Key Players

The Key players operating in the software composition analysis market includes WhiteSource Software, Sonatype, Inc., Synopsys, Inc., Rogue Wave Software, WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc., and SourceClear.

Rogue Wave Software

It provided cross-platform software development tools and embedded components for parallel, data-intensive, and other high-performance computing (HPC) applications.

In January 2019, the firm was acquired by Minneapolis, Minnesota-based application software developer Perforce, which is maintaining Rogue Wave's products

Global Software Composition Analysis Market Company Profile

  • WhiteSource Software*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sonatype, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Synopsys, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Rogue Wave Software
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • WhiteHat Security
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Veracode (CA Technologies)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Flexera
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NexB, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SourceClear
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Software Composition Analysis Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By Organization Size
      • Market Snippet, By Deployment Type
      • Market Snippet, By Industry Vertical
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
      • Drivers- Restraints Impact Analysis
      • PEST Analysis
      • Porter’s Five Forces Analysis
  4. Software Composition Analysis Market, By Component, 2018 – 2028, (US$ Mn)
    • Introduction
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
      • Y-o-Y Growth Analysis (%), 2019 – 2028
      • Segment Trends
    • Solution
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Services
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
  5.  Software Composition Analysis Market, Organization Size, 2018 – 2028, (US$ Mn)
    • Introduction
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
      • Y-o-Y Growth Analysis (%), 2019 – 2028
      • Segment Trends
    • Small and Medium-sized Enterprises (SMEs)
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Large Enterprises
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
  6. Software Composition Analysis Market, By Deployment Type, 2018 – 2028, (US$ Mn)
    • Introduction
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
      • Y-o-Y Growth Analysis (%), 2019 – 2028
      • Segment Trends
    • On-premises
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Cloud
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
  7.  Software Composition Analysis Market, By Industry Vertical, 2018 – 2028, (US$ Mn)
    • Introduction
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
      • Y-o-Y Growth Analysis (%), 2019 – 2028
      • Segment Trends
    • Banking, Financial Services, and Insurance (BFSI)
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Telecom and IT
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Healthcare
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Government and defense
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Retail and e-commerce
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Manufacturing
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Automotive
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
    • Others
      • Introduction
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2018 – 2028
  8.  Software Composition Analysis Market, By Region, 2018 – 2028, (US$ Mn)
    • Introduction
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2018 — 2028
      • Y-o-Y Growth Analysis (%), 2019 – 2028
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
      • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
      • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
      • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
      • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  U.S.

Ø  Canada

  • Latin America
    • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
    • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  Brazil

Ø  Mexico

Ø  Argentina and Chile   

Ø  Rest of Latin America

  • Europe
    • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
    • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  Germany

Ø  UK

Ø  France

Ø  Russia

Ø  Italy

Ø  Switzerland

Ø  Sweden

Ø  Rest of Europe

  • Asia Pacific
    • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
    • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  China

Ø  India

Ø  Australia & New Zealand

Ø  Japan

Ø  South Korea

Ø  Rest of Asia Pacific

  • Middle East
    • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
    • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  GCC

Ø  Israel

Ø  Saudi Arabia

Ø  UAE

Ø  Rest of Middle East

  • Africa
    • Market Size and Forecast (US$ Mn), By Component, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Organization Size, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Deployment Type, 2018 – 2028
    • Market Size and Forecast (US$ Mn), Vertical, 2018 – 2028
    • Market Size and Forecast (US$ Mn), By Country, 2018 – 2028

Ø  South Africa

Ø  Central Africa

Ø  North Africa

  1. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • WhiteSource Software

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Company Overview

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Product Portfolio

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Financial Performance

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Recent Highlights

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Strategies

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Sonatype, Inc.

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Synopsys, Inc.

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Rogue Wave Software

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • WhiteHat Security

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Veracode (CA Technologies)

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Flexera

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • NexB, Inc.

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • SourceClear

Ø  Company Overview

Ø  Product Portfolio

Ø  Key Highlights

Ø  Financial Overview

Ø  Business Strategy Overview

  • Analyst Views
  • Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Software Composition Analysis Market report segments the market basis of component, organization size, deployment type, industry verticals, and region.

Major factors expected to drive growth of the software composition analysis market over the forecast period include rising consumer preference for online transactions and rising adoption of various services such as National Electronic Fund Transfer (NEFT), Electronic Clearing Service (ECS), Real-time Gross Settlement Systems (RTGS), and mobile transactions

North America is growing at the highest CAGR over 2024- 2034

The leading players operating in the Software Composition Analysis Market includes WhiteSource Software, Sonatype, Inc., Synopsys, Inc., Rogue Wave Software, WhiteHat Security, Veracode (CA Technologies), Flexera, NexB, Inc., and SourceClear.