Software Composition Analysis Market - Size & Upcoming Industry Trends

Software Composition Analysis Market Synopsis:

The Software Composition Analysis Market Size Was Valued at USD 265.1 Million in 2023, and is Projected to Reach USD 1,337.39 Million by 2032, Growing at a CAGR of 19.7 % From 2024-2032.

The Software Composition Analysis (SCA) Market is dedicated to solutions and services for detecting and addressing open-source components in an organization’s software. The tools help in assessment of risks, checking compliance to licensing and maintaining its integrity which is vital especially in the development of secure powerful applications.

The Software Composition Analysis Market is rapidly increasing day by day because of increasing use of open-source software and continuously increasing security concerns. There are many reasons as to why open-source elements are adopted more frequently, the open-source efficiency, cost and ease do bring about risks including vulnerability and conflicts in licensing. SCA tools enable developers and organizations assessing these problems and offer them to deal with these problems, thus, SCA should be an integral part of SDL.

GDPR and other data protection laws have raised the bar for consumer authentication from regulators which has enhanced the demand for SCA solutions. These regulations have put legal requirements on compliance that software applications must adhere to blindly, and organizations are using SCA tools to meet such standards. Also, the increasing number of cyber threats against open-source vulnerabilities increases the need for superior SCA solutions in all sectors.

Software Composition Analysis Market Trend Analysis:

Shift Towards AI-Driven SCA Solutions

• Artificial intelligence and its offshoot, machine learning, have emerged as the main trend in the SCA market. AI-supported SCA tools improve effectiveness of the vulnerability finding and licensing compliance. Some of these tools may help in analyzing large database of open source libraries; Certain of these tools are capable of identifying possible threats online as it occurs; Certain of these tools are capable of advising the stakeholders how to handle the threats. It is fast becoming the new normal when it comes to software security and compliance and this is being felt across organizations.

Growing Demand in Emerging Economies

• Newly industrialized countries are the major growth opportunity for SCA market. As these regions are going through digitalization and develop more software, they need SCA tools. Even in emerging markets, IT, e-Commerce, and healthcare industries are now learning the value of locking down their software environments. With the encouragement of governments for cybersecurity and regulatory compliance these regions are also driving the market.

Software Composition Analysis Market Segment Analysis:

Software Composition Analysis Market is Segmented on The Basis of Component, Deployment, End User, And Region.

By Component, Solution segment is expected to dominate the market during the forecast period

• Out of all the segments currently present in the Software Composition Analysis Market, the Solution segment is likely to command the market throughout the forecast period. Many organizations begin to acquire products and services that would help them to prevent risk situations and control the use of open-source components in the software. These solutions are important to attain secure software development strategies or meets regulatory compliance requirements. The increasing sophistication of software solutions and the requirement for continuous monitoring are as well other factors that are promoting the use of SCA solutions.

By Deployment, Cloud segment expected to held the largest share

• Out of all the segments included, the Cloud segment is projected to offer the biggest market share. It is for this reason that enterprises across the world have considered deploying cloud based SCA as their preferred environment for SCA solutions due to characteristics such as scalability, flexibility and easy integration. They allow the continuous management and real-time compliance for vulnerability and development teams irrespective of their physical location. The advancements of working from home and the shift to clouds have played an immense role in consolidating this segment.

Software Composition Analysis Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America is expected to continue to hold the largest share for the Software Composition Analysis market throughout the forecast period due to the availability of strong IT infrastructure and use of open-source software. Since SCA mostly deals with software development, industries that include technology, banking, and healthcare are great markets for SCA. However, more stringencies in the rules & regulations and a prime concern towards security being Cyber security is further fueling the market growth in the North American region.
• This also provide the region a boost as there are already established providers of the SCA solution while technology is constantly being improved. Businesses in the United States and Canada are currently spending a huge amount of capital in research and development with the aim of strengthening their software security. The increasing rate at which small and medium enterprises have embraced digital change in North America is likely to increase the use of SCA tools.

Active Key Players in the Software Composition Analysis Market:

• Black Duck Software (United States)
• FOSSA, Inc. (United States)
• Flexera Software LLC (United States)
• JFrog Ltd. (Israel)
• OpenLogic (United States)
• Orca Security (United States)
• Palo Alto Networks, Inc. (United States)
• Snyk Ltd. (United Kingdom)
• Sonatype, Inc. (United States)
• Synopsys, Inc. (United States)
• Veracode (United States)
• Vulnerability Management Inc. (United States)
• WhiteSource Software (United States)
• Zimperium (United States)
• Zoom Security (Canada), and Other Active Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Software Composition Analysis Market by Solution
 4.1 Software Composition Analysis Market Snapshot and Growth Engine
 4.2 Software Composition Analysis Market Overview
 4.3 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance: Geographic Segmentation Analysis

Chapter 5: Software Composition Analysis Market by Application
 5.1 Software Composition Analysis Market Snapshot and Growth Engine
 5.2 Software Composition Analysis Market Overview
 5.3 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Software Composition Analysis Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions  
 6.2 ASTEA INTERNATIONAL INC. (UNITED STATES)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 CLYDE TECHNOLOGIES (UNITED KINGDOM)
 6.4 COGNIZANT TECHNOLOGY SOLUTIONS (UNITED STATES)
 6.5 DASSAULT SYSTÈMES SE (FRANCE)
 6.6 IBM CORPORATION (UNITED STATES)
 6.7 INFOSYS LIMITED (INDIA)
 6.8 IVY MOBILITY (SINGAPORE)
 6.9 MICROSOFT CORPORATION (UNITED STATES)
 6.10 ORACLE CORPORATION (UNITED STATES)
 6.11 PEGASYSTEMS INC. (UNITED STATES)
 6.12 SAP SE (GERMANY)
 6.13 SERVICEPOWER TECHNOLOGIES (UNITED KINGDOM)
 6.14 TECH MAHINDRA (INDIA)
 6.15 TAVANT TECHNOLOGIES (UNITED STATES)
 6.16 WIPRO LIMITED (INDIA)
 6.17 OTHER ACTIVE PLAYERS

Chapter 7: Global Software Composition Analysis Market By Region
 7.1 Overview
 7.2. North America Software Composition Analysis Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Solution
  7.2.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.2.5 Historic and Forecasted Market Size By Application
  7.2.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.2.6 Historic and Forecast Market Size by Country
  7.2.6.1 US
  7.2.6.2 Canada
  7.2.6.3 Mexico
 7.3. Eastern Europe Software Composition Analysis Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Solution
  7.3.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.3.5 Historic and Forecasted Market Size By Application
  7.3.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.3.6 Historic and Forecast Market Size by Country
  7.3.6.1 Russia
  7.3.6.2 Bulgaria
  7.3.6.3 The Czech Republic
  7.3.6.4 Hungary
  7.3.6.5 Poland
  7.3.6.6 Romania
  7.3.6.7 Rest of Eastern Europe
 7.4. Western Europe Software Composition Analysis Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Solution
  7.4.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.4.5 Historic and Forecasted Market Size By Application
  7.4.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.4.6 Historic and Forecast Market Size by Country
  7.4.6.1 Germany
  7.4.6.2 UK
  7.4.6.3 France
  7.4.6.4 The Netherlands
  7.4.6.5 Italy
  7.4.6.6 Spain
  7.4.6.7 Rest of Western Europe
 7.5. Asia Pacific Software Composition Analysis Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Solution
  7.5.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.5.5 Historic and Forecasted Market Size By Application
  7.5.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.5.6 Historic and Forecast Market Size by Country
  7.5.6.1 China
  7.5.6.2 India
  7.5.6.3 Japan
  7.5.6.4 South Korea
  7.5.6.5 Malaysia
  7.5.6.6 Thailand
  7.5.6.7 Vietnam
  7.5.6.8 The Philippines
  7.5.6.9 Australia
  7.5.6.10 New Zealand
  7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Software Composition Analysis Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Solution
  7.6.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.6.5 Historic and Forecasted Market Size By Application
  7.6.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.6.6 Historic and Forecast Market Size by Country
  7.6.6.1 Turkiye
  7.6.6.2 Bahrain
  7.6.6.3 Kuwait
  7.6.6.4 Saudi Arabia
  7.6.6.5 Qatar
  7.6.6.6 UAE
  7.6.6.7 Israel
  7.6.6.8 South Africa
 7.7. South America Software Composition Analysis Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Solution
  7.7.4.1 Software Cloud -Based On -Premises Services System Integration & Consulting Business Process Outsourcing Application Maintenance
  7.7.5 Historic and Forecasted Market Size By Application
  7.7.5.1 Automotive Manufacturing Aerospace & Defense Food & Beverages Healthcare Others
  7.7.6 Historic and Forecast Market Size by Country
  7.7.6.1 Brazil
  7.7.6.2 Argentina
  7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research