Global Software Bill of Materials (SBOM) Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 2.2 Billion by 2030, growing at a CAGR of 21.3% from 2024 to 2030.
The Global Software Bill of Materials (SBOM) market is experiencing significant growth, driven by an increasing demand for transparency and security in software development. As organizations face heightened regulatory pressures and the need to manage software supply chain risks, SBOMs are becoming crucial in ensuring software integrity. The market is expanding as businesses in industries like healthcare, finance, and manufacturing look for ways to track the components within their software and address vulnerabilities. This shift is also influenced by rising cyber threats and the need for robust compliance frameworks, making SBOM adoption a top priority. The growing recognition of SBOMs as a key tool for improving software security and compliance is expected to fuel market expansion over the coming years. Additionally, the increased awareness of open-source software components is pushing companies to implement SBOMs for better risk management.
As the demand for software transparency continues to increase, new opportunities are emerging in the Global SBOM market. The adoption of SBOM solutions is being accelerated by the increasing integration of cloud services and DevOps practices, which require efficient and automated management of software components. Companies are exploring ways to incorporate SBOMs into their software development life cycles to enhance security and minimize potential vulnerabilities. This offers opportunities for software developers and technology providers to introduce innovative SBOM tools, including automated generation and management platforms. Furthermore, as cybersecurity threats evolve, businesses are looking for SBOM solutions that provide deeper insights into their software supply chains, creating a growing market for advanced analytics and threat detection capabilities. With a broader acceptance of SBOMs, market growth is set to rise, driven by the need for greater visibility and control in the software ecosystem.
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Scribe Security
Mend
CodeNotary
Anchore
FOSSA
Cybeats
Snyk
JFrog
Endor Labs
WhiteSource
OWASP
SPDX
CycloneDX
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Software Bill of Materials (SBOM) Market
Healthcare
Finance and Banking
Manufacturing
Retail
Telecommunications
Government
Energy and Utilities
On-Premise
Cloud-Based
Hybrid
Small Enterprises
Medium Enterprises
Large Enterprises
Compliance Management
Risk Management
Software Development Lifecycle Management
Asset Tracking
Incident Management
Software Inventory
Vulnerability Scanning Tools
License Compliance Tools
Reporting and Dashboarding Tools
US (Global, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Software Bill of Materials (SBOM) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Software Bill of Materials (SBOM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Software Bill of Materials (SBOM) Market, By Type
6. Gloabl Software Bill of Materials (SBOM) Market, By Application
7. Gloabl Software Bill of Materials (SBOM) Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl Software Bill of Materials (SBOM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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