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Global Market for Software

The Global Market for Software Composition Analysis 2021 to 2026

by Rob Shapiro & Steve Hoffenberg, with Chris Rommel,

January 2023

The market for SCA tools will expand rapidly over the next five years as organizations increasingly leverage third-party software to bring their products to market more efficiently and new regulations demand software bills of materials (SBOMs).

This report analyzes the emerging trends, use cases, and commercial market for SCA tools in the enterprise/IT and IoT/embedded sectors by vertical market, geographic region, and leading vendors. It also incorporates data from VDC’s global software and system development survey.

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About Mitch

Mitch Solomon

President

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Mitch has spent years supporting senior leaders of operational and industrial technology companies as well as private equity investors that participate in the space.  He is an active member of the Technology and Innovation Council at Graham Partners, a leading industrial technology focused private equity firm, and serves on the advisory boards of OptConnect (a top IoT connectivity provider) and DecisionPoint (a rapidly growing operational technology systems integrator).  Mitch has worked closely with a wide range of industrial technology clients on a diverse array of growth opportunities and challenges including applications of AI, c-suite recruiting, strategic planning, new market identification and entry, product strategy, competitive positioning, revenue retention, value proposition identification and messaging, sales strategy and execution, and board presentations. Mitch holds a BA from Northwestern University and an MBA from The Tuck School of Business at Dartmouth College.