Global License Management Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "License Management Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.coms offering. BFSI Sector Will Experience Significant Growth and Drive the Market The banking, financial services, and insurance companies (BFSI) demand an IT infrastructure that is available 24X7x365 days and meets rigorous internal and external service level requirements. For instance, in 2019, Mastercard reported over 460,000 intrusion attempts each day, which has increased by 70% compared to the year prior. • Further, during the COVID-19 coronavirus pandemic, most of the users are relying on digital banking, and there is a sudden increase in cyberattacks targeting the financial services sector. • Moreover, an increasing number of licensing audits conducted by software vendors and is expected that the frequency will grow in the studied period.