Frost & Sullivan Names Flexera a Market Leader

Flexera today announced that it won the 2019 Market Leadership Award for the Software Enforced Segment of the Global Software License Management Software Market from analyst firm Frost & Sullivan. In addition, new Frost & Sullivan research shows that software-based solutions constitute the largest segment within software licensing and monetization (SLM) and will be the fastest growing segment through 2025.

 

In exhaustive research on the SLM space over the past decade, updated Frost & Sullivan reports found:

  • Market Size of SLM Is Growing: The SLM market will see a compound annual growth rate of 10.1% through 2025. The current estimate for the total addressable market (TAM) is between $3 and $4 billion, or 10x the current SLM market penetration.
  • Software Enforcement is the Largest and Fastest Growing Segment within SLM: The Software Enforcement Segment of SLM is the largest segment today (54.4%) of the SLM market, compared to 32.3% of the hardware segment. Software enforcement revenue will roughly double by 2025 and is growing faster than the overall SLM market.
  • Flexera is a Market Leader in Software Enforcement Segment of SLM: Frost & Sullivan concludes that Flexera’s monetization platform enables software and device manufacturers to implement a wide range of digital monetization models for Cloud, SaaS, IoT, on-premises, and embedded applications.
  • Frost & Sullivan Names Flexera the Winner of the 2019 Market Leadership Award for the Software Enforced Segment of the Global Software License Management Software Market: Evaluating leading SLM vendors across six categories (including growth strategy excellence, implementation excellence, brand strength, product quality, customer ownership experience, and price/performance value), Frost & Sullivan named Flexera a top vendor in the software segment of the SLM market.

Read the Frost & Sullivan Market Leadership Award report.

Read the Frost & Sullivan Global Software Licensing and Monetization Market, Forecast to 2025 report.

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