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Emergen Research has recently published a detailed report on the global Software Asset Management (SAM) market formulated through extensive primary and secondary research. The report studies the historical data of the Software Asset Management (SAM) market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Software Asset Management (SAM) industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Software Asset Management (SAM) market.

The global Software Asset Management (SAM) market size was USD 2.50 Billion in 2022 and is expected to register a steady revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increasing need for businesses to manage and optimize the distribution, acquisition, use, maintenance, and disposal of software programs, cost savings on software purchases, and rising requirement to manage audits and adhere to regulatory norms are key factors driving market revenue growth. SAM is a business process that includes managing and enhancing purchase, maintenance, deployment, utilization, and discarding of numerous software applications within an enterprise.

SAM t enhances cost-savings, reduces risk of penalties and license audit, and improves licensing optimization and security and utilization of software assets. In addition, latest advancement of Artificial Intelligence (AI) due to major advantages of enhanced predictive maintenance, optimized asset allocation, streamlined processes, improved safety and compliance, and enhanced lifespan of asset is another key factor driving revenue growth of the market.

The Global Software Asset Management (SAM) Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

For More Details On this Report, visit @ https://www.emergenresearch.com/industry-report/software-asset-management-market