The North America Software Composition Analysis Market would witness market growth of 17.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Others Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23,710.7 Thousands by 2031. The Canada market is experiencing a CAGR of 19.7% during (2024 - 2031). Additionally, The Mexico market would exhibit CAGR of 19.3% during (2024 - 2031).
Software composition analysis (SCA) plays a pivotal role in modern software development by managing and securing the various components that make up software applications, especially those derived from open-source or third-party sources. SCA’s applications are broad and vital for ensuring software systems' security, compliance, and quality.
SCA tools scan software components, including open-source libraries and third-party dependencies, to identify known security vulnerabilities. These vulnerabilities are cataloged in databases maintained by organizations like the National Vulnerability Database (NVD) or other cybersecurity entities.
The rapid growth of e-commerce in Mexico has led to an increased reliance on online payment systems. SCA tools are essential for analyzing and securing payment gateways used by e-commerce platforms. These tools ensure that payment software components are free from vulnerabilities and comply with industry security standards, protecting against fraud and data breaches. The domestic e-commerce industry was valued at USD 26.2 billion in 2022, a 23% increase from 2021, per the International Trade Administration (ITA).
Free Valuable Insights: The Software Composition Analysis Market is Predict to reach USD 952.4 Million by 2031, at a CAGR of 18.3%
Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Component, the market is segmented into Solution and Services (Professional Services and Managed Services). Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on End-use, the market is segmented into BFSI, Government & Defense, Healthcare, IT & Telecom, Automotive, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Deployment
By Component
By Enterprise Size
By End-use
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
![Software Composition Analysis Market Size, Share [2031]](https://www.kbvresearch.com/upload/cover/software-composition-analysis-market.jpg "Software Composition Analysis Market Size, Share [2031]")
Unique Offerings 