Software Bill of Materials (SBOM) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Software Bill of Materials (SBOM) Market SizeAccording to new survey, global Software Bill of Materials (SBOM) market is projected to reach US$ 4242.9 million in 2029, increasing from US$ 427.3 million in 2022, with the CAGR of 31.4% during the period of 2023 to 2029.
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Software Bill of Materials (SBOM) Market
The Software Bill of Materials (SBOM) is a structured list that provides information about the various components and dependencies that make up a software product. It is analogous to a materials list in manufacturing and construction industries. An SBOM includes details about the software's components, their versions, licenses, and relationships, allowing organizations to understand the composition of their software and any potential vulnerabilities or compliance issues. This concept has gained importance in software development and cybersecurity as a way to enhance transparency, manage software supply chain risks, and improve overall security by identifying and addressing potential vulnerabilities in software components.
Global key players of Software Bill of Materials (SBOM) include ServiceNow, Synopsys, JFrog, Sonatype Nexus, Cybeats (Scryb), Snyk, Mend, Aqua Security, etc. The top five players hold a share over 54%.
North America is the largest market, has a share about 65%, followed by Asia-Pacific and Europe, with share 20% and 15%, separately.
In terms of product type, SPDX is the largest segment, occupied for a share of 50%, and in terms of application, Financial Services has a share about 24 percent.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Software Bill of Materials (SBOM) market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• SPDX
• CycloneDX
• Others
Segment by Application
• Retail and E commerce
• Financial Services
• Transportation and Logistics
• Government
• Manufacturing
• Healthcare
• Aerospace Defense
By Company
ServiceNow, Synopsys, JFrog, Sonatype Nexus, Cybeats (Scryb), Snyk, Mend, Aqua Security, Contrast Security, Legit Security, FOSSA, CodeNotary, Arnica, Endor Labs, Anchore
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