SBOM Market Expected to Surpass 8 Billion Dollars by 2032

The global SBOM market is projected to grow from about 1.05 billion dollars in 2024 to over 8 billion by 2032, with an annual growth rate near 29 percent. Growth is driven by rising cybersecurity demands, software supply chain transparency, and regulatory pressure. Tools for SBOM generation and integration dominate the market, though concerns around implementation costs and exposure of proprietary components remain key challenges.

https://menafn.com/1109847280/Software-Bill-of-Materials-SBOM-Market-Size-to-Reach-USD-80493-Million-in-2032

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