Software Supply Chain Security Market

Software Supply Chain Security Market

  • ICT-SE-5988
  • 4.8 Rating
  • 250 Pages
  • 21-10-2023
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Software Supply Chain Security Market Outlook

The global software supply chain security market was valued at USD 1,346.7 Million in 2022 and is projected to reach USD 3,998.4 Million by 2031, expanding at a CAGR of 13.4% during the forecast period.

The expansion of the software supply chain security market is fueled by several key factors. The intricate and interconnected landscape of software supply chains creates a breeding ground for attackers to exploit vulnerabilities, amplifying the need for robust security measures. The widespread adoption of open source software, characterized by decentralized oversight and maintenance, exposes systems to heightened security threats.

Software Supply Chain Security Market Outlook

Concurrently, the escalating sophistication and specificity of cyberattacks pose challenges in detection and prevention. Governments globally are intensifying regulatory scrutiny over software supply chain security, recognizing the escalating risks associated with these attacks. As a result, the market is responding to the imperative of fortifying defenses against an evolving and pervasive cyber threat landscape.

Macro-Economic Factors

Economic Growth:

Economic growth stands out as a major driver, as a robust economy tends to spur increased investments in software development and deployment. With heightened activity in the software sector, the demand for software supply chain security solutions naturally rises, reflecting the need to safeguard the increasingly vital software supply chains.

Inflation:

Inflation is another factor that can impact the market dynamics. Inflationary pressures can escalate operational costs for software vendors, potentially leading to higher prices for their products and services, including software supply chain security solutions. Customers, in turn, may experience increased expenses as they seek to fortify their digital ecosystems against evolving cyber threats.

Interest Rates:

Interest rates wield significant influence, particularly in terms of their impact on borrowing costs for businesses. Rising interest rates can make borrowing more expensive, potentially curbing investment in software development and deployment. As a consequence, the demand for software supply chain security solutions may experience a dip, reflecting the broader slowdown in software-related investments.

Government Regulations:

Government regulations are increasingly shaping the landscape of the software supply chain security market. Governments worldwide are enacting regulations that mandate businesses to fortify their software supply chains against cyber threats. This heightened regulatory environment contributes to an increased demand for software supply chain security solutions, as businesses strive to comply with evolving cybersecurity standards.

Software Supply Chain Security Market Dynamics

Market Driver- Software Supply Chain Security Market Booms as Complexities and Attack Surfaces Expand.

The surge in the software supply chain security market is propelled by the escalating complexity and interconnectedness inherent in contemporary software supply chains. With diverse components, dependencies, and global collaborations, the attack surface expands, offering cybercriminals multiple entry points to exploit vulnerabilities.

The prevalence of outsourcing, continuous integration practices, and the rapid pace of development further contribute to the challenge of securing the entire supply chain. Supply chain attacks, targeting trusted vendors or injecting malicious code, underscore the need for heightened security measures.

The lack of comprehensive visibility and oversight in these intricate supply chains amplifies the difficulty of detecting and mitigating potential threats. In response to these complexities, organizations are increasingly recognizing the imperative of robust security protocols, risk assessments, and advanced technologies to safeguard their software supply chains, thus driving the growth of the software supply chain security market.

Market Restraint - Software Supply Chain Security Integrations

The integration challenges associated with software supply chain security solutions pose significant hurdles for organizations aiming to enhance their cybersecurity measures. Integrating these solutions with existing IT systems and infrastructure is often a complex and time-consuming process, presenting potential obstacles to the seamless incorporation of security measures.

Compatibility issues may arise between new security solutions and legacy systems, requiring meticulous adjustments to ensure smooth interoperability. Data integration poses another challenge, as different systems may employ diverse data formats and structures, necessitating comprehensive mapping and transformation efforts.

Operational disruptions during the integration process further intensify concerns, as organizations may encounter downtime or disruptions to critical processes, impacting overall productivity. These integration challenges, ranging from technical compatibility to operational disruptions, can impede the adoption and growth of the software supply chain security market as organizations grapple with the intricate task of fortifying their IT ecosystems while maintaining operational continuity.

Market Opportunity – Combating Evolving Cyber Threats with Advanced Security Solutions

The escalating sophistication of cyberattacks poses a formidable challenge to businesses and organizations, necessitating an increased focus on software supply chain security. Attackers continuously innovate, devising novel methods and tools to exploit vulnerabilities within intricate software supply chains. These evolving threats often involve advanced techniques such as zero-day exploits, polymorphic malware, and targeted social engineering, making traditional security measures less effective.

The dynamic nature of these cyber threats requires organizations to adopt proactive and robust security strategies, including advanced threat detection, real-time monitoring, and secure coding practices. As the complexity of cyberattacks grows, the demand for comprehensive software supply chain security solutions rises, reflecting the imperative for businesses to fortify their digital ecosystems against these increasingly sophisticated and persistent threats.

Consequently, the software supply chain security market experiences growth as organizations seek advanced tools and strategies to protect their software assets from the evolving landscape of cyber threats.

Scope of Software Supply Chain Security Market Report

The report on the global software supply chain security market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Software Supply Chain Security Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023–2031

Segmentation

by Component (Solution, Services), by Deployment Model (On-premises, Cloud based), by Enterprise Size (SMEs, Large Enterprises)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Checkpoint Systems, Inc., Ermetic Ltd., Contrast Security, Inc., GitLab B.V, Checkmarx Ltd, Anchore, Inc., Rezilion Ltd., J Frog LTD, Snyk Limited and Tidelift Inc.


Software Supply Chain Security Market Segmental Outlook

The global Software Supply Chain Security market is segmented on the basis of by Component, by Deployment Model and by Enterprise Size.

On the basis of components, the global software supply chain security market is bifurcated into solution and services. The solution segment is expected to hold a significant market share during the forecast period. Moreover, the solution segment is expected to grow with the highest CAGR throughout the forecast period.

Software Supply Chain Security Market Component

In terms of deployment model, the software supply chain security market bifurcated into on-premises and cloud based. On-premises is expected to hold a significant market share during the forecast period and the cloud based is projected to expand at a significant CAGR during the forecast period.

Based on the enterprise size, the global software supply chain security market is segmented into SMEs and Large Enterprises. The large enterprises segment is expected to hold a significant market share during the forecast period. Moreover, the SMEs is expected to grow with the highest CAGR throughout the forecast period.

Regional Outlook

North America held the largest market share for software supply chain security solutions in 2022. It is expected to maintain its dominance in the foreseeable future. Following closely behind, Europe secured the second-largest market share in 2022.

In the coming years, the region is poised for continued growth. Asia-Pacific has the fastest-growing market for software supply chain security solutions. According to projections, the region will command a sizable share of the global market by 2031.

Software Supply Chain Security Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Software Supply Chain Security Market

  • Historical, Current, and Projected Market Size in terms of Value and Volume

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints, and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Software Supply Chain Security Market

Segments

By Component

  • Solution
  • Services

By Deployment Model

  • On-premises
  • Cloud based

By Enterprise Size

  • SMEs
  • Large Enterprises

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Players

  • Checkpoint Systems, Inc
  • Ermetic Ltd
  • Contrast Security, Inc
  • GitLab B.V
  • Checkmarx Ltd
  • Anchore, Inc
  • Rezilion Ltd
  • J Frog LTD
  • Snyk Limited
  • Tidelift Inc.

Competitive Landscape

  • Key players in the market include Checkpoint Systems, Inc., Ermetic Ltd., Contrast Security, Inc., GitLab B.V, Checkmarx Ltd, Anchore, Inc., Rezilion Ltd., J Frog LTD, Snyk Limited and Tidelift Inc.

  • These companies are considered key manufacturers of software supply chain security based on their revenue, product offerings, regional presence, and supply chain management system.

  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunities for software supply chain security market.

    Software Supply Chain Security Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Software Supply Chain Security Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Software Supply Chain Security Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Software Supply Chain Security Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Software Supply Chain Security Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Software Supply Chain Security Market Size & Forecast, 2016-2031
      4.5.1 Software Supply Chain Security Market Size and Y-o-Y Growth
      4.5.2 Software Supply Chain Security Market Absolute $ Opportunity
Chapter 5 Global Software Supply Chain Security Market Analysis and Forecast Component
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities Component
      5.1.2 Basis Point Share (BPS) Analysis Component
      5.1.3 Absolute $ Opportunity Assessment Component
   5.2 Software Supply Chain Security Market Size Forecast Component
      5.2.1 Solution
      5.2.2 Services
   5.3 Market Attractiveness Analysis Component
Chapter 6 Global Software Supply Chain Security Market Analysis and Forecast Deployment Model
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities Deployment Model
      6.1.2 Basis Point Share (BPS) Analysis Deployment Model
      6.1.3 Absolute $ Opportunity Assessment Deployment Model
   6.2 Software Supply Chain Security Market Size Forecast Deployment Model
      6.2.1 On-premises
      6.2.2 Cloud based
   6.3 Market Attractiveness Analysis Deployment Model
Chapter 7 Global Software Supply Chain Security Market Analysis and Forecast Enterprise Size
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities Enterprise Size
      7.1.2 Basis Point Share (BPS) Analysis Enterprise Size
      7.1.3 Absolute $ Opportunity Assessment Enterprise Size
   7.2 Software Supply Chain Security Market Size Forecast Enterprise Size
      7.2.1 SMEs
      7.2.2 Large Enterprises
   7.3 Market Attractiveness Analysis Enterprise Size
Chapter 8 Global Software Supply Chain Security Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Software Supply Chain Security Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Software Supply Chain Security Analysis and Forecast
   10.1 Introduction
   10.2 North America Software Supply Chain Security Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Software Supply Chain Security Market Size Forecast Component
      10.6.1 Solution
      10.6.2 Services
   10.7 Basis Point Share (BPS) Analysis Component
   10.8 Absolute $ Opportunity Assessment Component
   10.9 Market Attractiveness Analysis Component
   10.10 North America Software Supply Chain Security Market Size Forecast Deployment Model
      10.10.1 On-premises
      10.10.2 Cloud based
   10.11 Basis Point Share (BPS) Analysis Deployment Model
   10.12 Absolute $ Opportunity Assessment Deployment Model
   10.13 Market Attractiveness Analysis Deployment Model
   10.14 North America Software Supply Chain Security Market Size Forecast Enterprise Size
      10.14.1 SMEs
      10.14.2 Large Enterprises
   10.15 Basis Point Share (BPS) Analysis Enterprise Size
   10.16 Absolute $ Opportunity Assessment Enterprise Size
   10.17 Market Attractiveness Analysis Enterprise Size
Chapter 11 Europe Software Supply Chain Security Analysis and Forecast
   11.1 Introduction
   11.2 Europe Software Supply Chain Security Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Software Supply Chain Security Market Size Forecast Component
      11.6.1 Solution
      11.6.2 Services
   11.7 Basis Point Share (BPS) Analysis Component
   11.8 Absolute $ Opportunity Assessment Component
   11.9 Market Attractiveness Analysis Component
   11.10 Europe Software Supply Chain Security Market Size Forecast Deployment Model
      11.10.1 On-premises
      11.10.2 Cloud based
   11.11 Basis Point Share (BPS) Analysis Deployment Model
   11.12 Absolute $ Opportunity Assessment Deployment Model
   11.13 Market Attractiveness Analysis Deployment Model
   11.14 Europe Software Supply Chain Security Market Size Forecast Enterprise Size
      11.14.1 SMEs
      11.14.2 Large Enterprises
   11.15 Basis Point Share (BPS) Analysis Enterprise Size
   11.16 Absolute $ Opportunity Assessment Enterprise Size
   11.17 Market Attractiveness Analysis Enterprise Size
Chapter 12 Asia Pacific Software Supply Chain Security Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Software Supply Chain Security Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Software Supply Chain Security Market Size Forecast Component
      12.6.1 Solution
      12.6.2 Services
   12.7 Basis Point Share (BPS) Analysis Component
   12.8 Absolute $ Opportunity Assessment Component
   12.9 Market Attractiveness Analysis Component
   12.10 Asia Pacific Software Supply Chain Security Market Size Forecast Deployment Model
      12.10.1 On-premises
      12.10.2 Cloud based
   12.11 Basis Point Share (BPS) Analysis Deployment Model
   12.12 Absolute $ Opportunity Assessment Deployment Model
   12.13 Market Attractiveness Analysis Deployment Model
   12.14 Asia Pacific Software Supply Chain Security Market Size Forecast Enterprise Size
      12.14.1 SMEs
      12.14.2 Large Enterprises
   12.15 Basis Point Share (BPS) Analysis Enterprise Size
   12.16 Absolute $ Opportunity Assessment Enterprise Size
   12.17 Market Attractiveness Analysis Enterprise Size
Chapter 13 Latin America Software Supply Chain Security Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Software Supply Chain Security Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Software Supply Chain Security Market Size Forecast Component
      13.6.1 Solution
      13.6.2 Services
   13.7 Basis Point Share (BPS) Analysis Component
   13.8 Absolute $ Opportunity Assessment Component
   13.9 Market Attractiveness Analysis Component
   13.10 Latin America Software Supply Chain Security Market Size Forecast Deployment Model
      13.10.1 On-premises
      13.10.2 Cloud based
   13.11 Basis Point Share (BPS) Analysis Deployment Model
   13.12 Absolute $ Opportunity Assessment Deployment Model
   13.13 Market Attractiveness Analysis Deployment Model
   13.14 Latin America Software Supply Chain Security Market Size Forecast Enterprise Size
      13.14.1 SMEs
      13.14.2 Large Enterprises
   13.15 Basis Point Share (BPS) Analysis Enterprise Size
   13.16 Absolute $ Opportunity Assessment Enterprise Size
   13.17 Market Attractiveness Analysis Enterprise Size
Chapter 14 Middle East & Africa (MEA) Software Supply Chain Security Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Software Supply Chain Security Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Software Supply Chain Security Market Size Forecast Component
      14.6.1 Solution
      14.6.2 Services
   14.7 Basis Point Share (BPS) Analysis Component
   14.8 Absolute $ Opportunity Assessment Component
   14.9 Market Attractiveness Analysis Component
   14.10 Middle East & Africa (MEA) Software Supply Chain Security Market Size Forecast Deployment Model
      14.10.1 On-premises
      14.10.2 Cloud based
   14.11 Basis Point Share (BPS) Analysis Deployment Model
   14.12 Absolute $ Opportunity Assessment Deployment Model
   14.13 Market Attractiveness Analysis Deployment Model
   14.14 Middle East & Africa (MEA) Software Supply Chain Security Market Size Forecast Enterprise Size
      14.14.1 SMEs
      14.14.2 Large Enterprises
   14.15 Basis Point Share (BPS) Analysis Enterprise Size
   14.16 Absolute $ Opportunity Assessment Enterprise Size
   14.17 Market Attractiveness Analysis Enterprise Size
Chapter 15 Competition Landscape
   15.1 Software Supply Chain Security Market: Competitive Dashboard
   15.2 Global Software Supply Chain Security Market: Market Share Analysis, 2022
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Checkpoint Systems, Inc.  
      15.3.2 Ermetic Ltd.
      15.3.3 Contrast Security, Inc.
      15.3.4 GitLab B.V
      15.3.5 Checkmarx Ltd
      15.3.6 Anchore, Inc.
      15.3.7 Rezilion Ltd.
      15.3.8 J Frog LTD
      15.3.9 Snyk Limited
      15.3.10 Tidelift Inc.

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request. For a discussion related to above findings, click Speak to Analyst

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Complexities and attack surfaces expand is the factor driving the growth of the market during the forecast period.

According to this Growth Market Reports report, the global Software Supply Chain Security market is likely to register a CAGR of 13.4% during the forecast period 2023-2031, with an anticipated valuation of USD 3998.4 million by the end of 2031.

Factors such as economic growth, inflation, and government regulations are analyzed in the final report.

The impact of COVID-19 has significant impact on Software Supply Chain Security market in 2020.

In addition to market size (in USD Million), Company Market Share (in % for base year 2022), Value has been provided in the report.

The base year considered for the global Software Supply Chain Security market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2021 are the historic years, and the forecast is provided from 2023 to 2031.