The global software composition analysis market revenue is expected to expand at a moderate CAGR over the forecast period. The global software composition analysis market report has been segmented on the basis of component, organization size, deployment mode, and region. On the basis of component, the target market is segmented into solution and services. The services component segment is further sub-segmented into professional services, support and maintenance, training and education, planning and consulting, and managed services.

On the basis of organization size, the target market is segmented into large enterprises and small and medium-sized enterprises (SMEs). On the basis of deployment mode, the target market is segmented into on-premises and cloud-based.

On the basis of vertical, the target market is segmented into banking, financial services, and insurance (BFSI), telecom and IT, healthcare, government and defense, retail and e-commerce, manufacturing, automotive, and others (energy and utilities, education, and media and entertainment). The retail and e-commerce vertical segment is expected to register significant share in terms of revenue over the forecast period.

Based on the region the global software composition analysis market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to innovative product and service launches and early adoption of software composition analysis services and solutions across various countries in this region.

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The market in Asia Pacific is expected to account for significant share in terms of revenue, owing to increasing adoption of software composition analysis services and solutions across large number of Small and Medium-sized Enterprises (SMEs) in order to focus on security of open-source codes in various countries in this region.

Key players operating in the global software composition analysis market include International Business Machines Corporation, WhiteSource Software Ltd., Sonatype, Inc., Synopsys, Inc.,WhiteHat Security, Inc., Veracode, Inc. (CA Technologies), Flexera Software LLC, Next Jump Inc., SourceClear, Inc., and Rogue Wave Software, Inc.

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