Modern software applications heavily rely on diverse third-party components, libraries, and frameworks sourced from various vendors and open source repositories, presenting a complex challenge for securing the software supply chain. To address this complexity, the adoption of a Software Bill of Materials (SBOM) has emerged as a promising solution, offering a centralized repository that inventories all third-party components and dependencies used in an application. Recent supply chain breaches, exemplified by the SolarWinds attack, underscore the urgent need to enhance software security and mitigate vulnerability risks, with SBOMs playing a pivotal role in this endeavor by revealing potential vulnerabilities, outdated components, and unsupported elements. This research paper conducts an extensive empirical analysis to assess the current landscape of open-source and proprietary tools related to SBOM. We investigate emerging use cases in software supply chain security and identify gaps in SBOM technologies. Our analysis encompasses 84 tools, providing a snapshot of the current market and highlighting areas for improvement.