SaaS Market

SaaS Market

Category : Information & Communication Technology Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 250

To learn more about this report, request a free sample copy

SaaS Market Overview

The report is titled ‘SaaS Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the SaaS market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The SaaS market is expected to grow at a significant rate in the near future.

The global SaaS market is estimated to reach a value of US$ 105.6 Bn by the end of 2020 and expected to reach at a value of US$ 269.8 Bn by 2028 with a significant CAGR of 12.5%

SaaS Introduction

In today’s business world, the software is pervasive and present all-over the universe, where software applications have the potential to assist us trace consignments across myriad countries, handle large inventories, prepare and instruct employees, and even assists in forming better working relationships with customers. For several decades, companies have operated software on their own computer networks or internal infrastructures. Over the last few years, the conventional software license purchases have commenced seeming outdated or obsolete, as numerous customers and vendors have shifted to software as a service business model.

Cloud computing is basically bifurcated into three components, i.e., Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Software as a Service (SaaS). Software as a service (SaaS) is a model of software deployment where an application is conducted as a service offered to customers across the Internet. By eliminating the requirement to install and operate an application on an individual's own computer system, it is observed as a way for businesses to get similar advantages as commercial software along with a lowered cost outlay. Furthermore, SaaS can assuage the affliction of software maintenance and support but users let go of the control over software requirements and versions.

SaaS Market Dynamics

Software-as-a-service (SaaS) is progressively evolving into a feasible alternative for organizations who are in search of functionality, accessibility, and versatility in a relentless and cutthroat business environment. The possibility for companies and organizations to run and operate SaaS software solutions as well as online data analysis without any need of installing the software on their own system to run and operate is majorly gaining momentum in the global markets. This way, these innovations, and advancements are gaining popularity every now and then. Owing to which, the global SaaS market is projected to rise higher in the forecast times.

Even though the worldwide IT spending might be low as economies and businesses suffer, the growth of the cloud is the shining spot, with spending on cloud estimated to jump higher year over year. Owing to the rising inclinations of various industries, including hospitality, retail, technology and communications, financial, and healthcare industry vertices towards revolutionizing their legacy IT structures wholly into a SaaS-based structure, the adoptions of SaaS are anticipated to propel expeditiously in the years to come. Attributing to which, the global SaaS market is projected to witness many breakthroughs in the forthcoming years.

The idea of software as a service authorizes its users to approach all the elements and attributes of software on a subscription model and thus, eliminating the need of licensing the product. Putting it in another way, SaaS is an on-demand software that offers a remote approach of software to its users over the online network. The rapidly developing IT industry and the huge demand for software for analysis and data management in several different domains are further accelerating the growth of the global software as a service market worldwide.

In addition to that, SaaS provides different attributes such as speed deployment, reduced cost, customization, and command over the data among others. Noticeably, licensing software is likely to incur a massive cost as well as expertise to oversee and operate. SaaS offers the attribute of simple accessibility along with speed deployment and many different customizations which makes it further easier to run and operate. Owing to which, the global SaaS market is estimated to witness significant growth in the coming years.

SaaS Market Segmentation

The global SaaS market is segmented on the basis of deployment, application, end-user, and region. The deployment segment of the SaaS market is divided into Public Cloud, Private Cloud, and Hybrid Cloud.

Furthermore, the end-user segment is divided into SMEs and Large Enterprises. On the basis of application, the market is segmented into Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM), and Others (Business Intelligence, Compliance, Messaging and Collaboration, Web Conferencing platforms). On the basis of region, the SaaS market is segmented into six regions – North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

By Deployment

Public Cloud

Private Cloud

Hybrid Cloud

By Application

Customer Relationship Management (CRM)

Enterprise Resource Planning (ERP)

Human Resource Management (HRM)

Supply Chain Management (SCM)

Others

By End User

SMEs

Large Enterprises

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

SaaS Market Key Players

The global SaaS market is dominated by Salesforce, LinkedIn, Concur Technologies, Workday, Inc., IBM Corporation, Oracle Corporation, NetSuite Inc., Fujitsu Ltd., Medidata Solutions, ServiceNow, Inc., Microsoft Inc., Google Inc., Zuora, SAP SE, ADP LLC, among others.

MMC Overview on SaaS Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the SaaS market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of SaaS

Advantages of SaaS

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


To learn more about this report, request a free sample copy


1.    Global SaaS Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global SaaS Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global SaaS Market Snapshot

2.4.    Global SaaS Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global SaaS Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    SaaS Technology Assessment and Analysis

3.1.    Actions to encourage use of SaaS Technology

3.2.    SaaS Promotional Strategy Recommendation

3.3.    Road Map Analysis

3.4.    GAP Analysis

3.5.    Potential Analysis

4.    Covid-19 Impact on SaaS Market in 2020

4.1.    Impact Analysis of Covid-19 on the global SaaS market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Fluctuation In Production

4.5.    Volatility In Price 

4.6.    Effect On The Overall Trade 

4.7.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global SaaS Market, By Deployment Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Deployment Type

5.1.2.    BPS Analysis, By Deployment Type

5.2.    Market Revenue (US$Mn) Forecast, By Deployment Type

5.2.1.    Public Cloud

5.2.2.    Private Cloud

5.2.3.    Hybrid Cloud

5.3.    Global SaaS Market Attractiveness Index, By Deployment Type

6.    Global SaaS Market, By Application

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Application

6.1.2.    BPS Analysis, By Application

6.2.    Market Revenue (US$Mn) Forecast, By Application

6.2.1.    Customer Relationship Management (CRM)

6.2.2.    Enterprise Resource Planning (ERP)

6.2.3.    Human Resource Management (HRM)

6.2.4.    Supply Chain Management (SCM)

6.2.5.    Others

6.3.    Global SaaS Market Attractiveness Index, By Application

7.    Global SaaS Market, By End User

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By End User

7.1.2.    BPS Analysis, By End User

7.2.    Market Revenue (US$Mn) Forecast, By End User

7.2.1.    SMEs

7.2.2.    Large Enterprises

7.3.    Global SaaS Market Attractiveness Index, By End User

8.    Global SaaS Market, By Region

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Region

8.1.2.    BPS Analysis, By Region

8.2.    Market Revenue (US$Mn) Forecast, By Region

8.2.1.    North America

8.2.2.    Latin America

8.2.3.    Europe

8.2.4.    Asia Pacific

8.2.5.    Middle East 

8.2.6.    Africa

8.3.    Global SaaS Market Attractiveness Index, By Region

9.    North America SaaS Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market Revenue (US$Mn) Forecast, By Country

9.2.1.    U.S. SaaS Market

9.2.2.    Canada SaaS Market

9.3.    North America SaaS Market, By Deployment Type

9.3.1.    Public Cloud

9.3.2.    Private Cloud

9.3.3.    Hybrid Cloud

9.4.    North America SaaS Market Revenue (US$Mn) Forecast, By Application

9.4.1.    Customer Relationship Management (CRM)

9.4.2.    Enterprise Resource Planning (ERP)

9.4.3.    Human Resource Management (HRM)

9.4.4.    Supply Chain Management (SCM)

9.4.5.    Others

9.5.    North America SaaS Market Revenue (US$Mn) Forecast, By End User

9.5.1.    SMEs

9.5.2.    Large Enterprises

9.6.    North America SaaS Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Deployment Type

9.6.3.    By Application

9.6.4.    By End User

10.    Latin America SaaS Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    Brazil SaaS Market

10.2.2.    Mexico SaaS Market

10.2.3.    Argentina SaaS Market

10.2.4.    Rest Of Latin America SaaS Market

10.3.    Latin America SaaS Market, By Deployment Type

10.3.1.    Public Cloud

10.3.2.    Private Cloud

10.3.3.    Hybrid Cloud

10.4.    Latin America SaaS Market Revenue (US$Mn) Forecast, By Application

10.4.1.    Customer Relationship Management (CRM)

10.4.2.    Enterprise Resource Planning (ERP)

10.4.3.    Human Resource Management (HRM)

10.4.4.    Supply Chain Management (SCM)

10.4.5.    Others

10.5.    Latin America SaaS Market Revenue (US$Mn) Forecast, By End User

10.5.1.    SMEs

10.5.2.    Large Enterprises

10.6.    Latin America SaaS Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Deployment Type

10.6.3.    By Application

10.6.4.    By End User

11.    Europe SaaS Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    U.K. SaaS Market

11.2.2.    Germany SaaS Market

11.2.3.    Italy SaaS Market

11.2.4.    France SaaS Market

11.2.5.    Spain SaaS Market

11.2.6.    Russia SaaS Market

11.2.7.    Poland SaaS Market

11.2.8.    BENELUX SaaS Market

11.2.9.    NORDIC SaaS Market

11.2.10.    Rest Of Europe SaaS Market

11.3.    Europe SaaS Market, By Deployment Type

11.3.1.    Public Cloud

11.3.2.    Private Cloud

11.3.3.    Hybrid Cloud

11.4.    Europe SaaS Market Revenue (US$Mn) Forecast, By Application

11.4.1.    Customer Relationship Management (CRM)

11.4.2.    Enterprise Resource Planning (ERP)

11.4.3.    Human Resource Management (HRM)

11.4.4.    Supply Chain Management (SCM)

11.4.5.    Others

11.5.    Europe SaaS Market Revenue (US$Mn) Forecast, By End User

11.5.1.    SMEs

11.5.2.    Large Enterprises

11.6.    Europe SaaS Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Deployment Type

11.6.3.    By Application

11.6.4.    By End User

12.    Asia Pacific SaaS Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    China SaaS Market

12.2.2.    India SaaS Market

12.2.3.    Japan SaaS Market

12.2.4.    Australia and New Zealand SaaS Market

12.2.5.    South Korea SaaS Market

12.2.6.    ASEAN SaaS Market

12.2.7.    Rest of Asia Pacific SaaS Market

12.3.    Asia Pacific SaaS Market, By Deployment Type

12.3.1.    Public Cloud

12.3.2.    Private Cloud

12.3.3.    Hybrid Cloud

12.4.    Asia Pacific SaaS Market Revenue (US$Mn) Forecast, By Application

12.4.1.    Customer Relationship Management (CRM)

12.4.2.    Enterprise Resource Planning (ERP)

12.4.3.    Human Resource Management (HRM)

12.4.4.    Supply Chain Management (SCM)

12.4.5.    Others

12.5.    Asia Pacific SaaS Market Revenue (US$Mn) Forecast, By End User

12.5.1.    SMEs

12.5.2.    Large Enterprises

12.6.    Asia Pacific SaaS Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Deployment Type

12.6.3.    By Application

12.6.4.    By End User

13.    Middle East SaaS Market, By Region

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    GCC Countries SaaS Market

13.2.2.    Israel SaaS Market

13.2.3.    Rest Of Middle East SaaS Market

13.3.    Middle East SaaS Market, By Deployment Type

13.3.1.    Public Cloud

13.3.2.    Private Cloud

13.3.3.    Hybrid Cloud

13.4.    Middle East SaaS Market Revenue (US$Mn) Forecast, By Application

13.4.1.    Customer Relationship Management (CRM)

13.4.2.    Enterprise Resource Planning (ERP)

13.4.3.    Human Resource Management (HRM)

13.4.4.    Supply Chain Management (SCM)

13.4.5.    Others

13.5.    Middle East SaaS Market Revenue (US$Mn) Forecast, By End User

13.5.1.    SMEs

13.5.2.    Large Enterprises

13.6.    Middle East SaaS Market Attractiveness Index

13.6.1.    By Country

13.6.2.    By Deployment Type

13.6.3.    By Application

13.6.4.    By End User

14.    Africa SaaS Market, By Region

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    South Africa SaaS Market

14.2.2.    Egypt SaaS Market

14.2.3.    North Africa SaaS Market

14.2.4.    Rest Of Africa SaaS Market

14.3.    Africa SaaS Market, By Deployment Type

14.3.1.    Public Cloud

14.3.2.    Private Cloud

14.3.3.    Hybrid Cloud

14.4.    Africa SaaS Market Revenue (US$Mn) Forecast, By Application

14.4.1.    Customer Relationship Management (CRM)

14.4.2.    Enterprise Resource Planning (ERP)

14.4.3.    Human Resource Management (HRM)

14.4.4.    Supply Chain Management (SCM)

14.4.5.    Others

14.5.    Africa SaaS Market Revenue (US$Mn) Forecast, By End User

14.5.1.    SMEs

14.5.2.    Large Enterprises

14.6.    Africa SaaS Market Attractiveness Index

14.6.1.    By Country

14.6.2.    By Deployment Type

14.6.3.    By Application

14.6.4.    By End User

15.    Recommendation

15.1.    Market Strategy

16.    Competitive Landscape

16.1.    Competition Dashboard

16.2.    List and Company Overview of Global Key Players

16.3.    Company Profiles

16.3.1.    Salesforce

16.3.1.1.    Company Overview

16.3.1.2.    Financial Overview

16.3.1.3.    Product Portfolio

16.3.1.4.    SWOT Analysis

16.3.1.5.    Key Developments

16.3.1.6.    Business Strategies

16.3.2.    LinkedIn

16.3.3.    Concur Technologies

16.3.4.    Workday, Inc.

16.3.5.    IBM Corporation

16.3.6.    Oracle Corporation

16.3.7.    NetSuite Inc.

16.3.8.    Fujitsu Ltd.

16.3.9.    Medidata Solutions

16.3.10.    ServiceNow, Inc.

16.3.11.    Microsoft Inc.

16.3.12.    Google Inc.

16.3.13.    Zuora, SAP SE

16.3.14.    ADP LLC

17.    Acronyms

Select License Type

Frequently Asked Questions

The global SaaS market is estimated to reach a value of US$ 105.6 Bn by the end of 2020 and expected to reach at a value of US$ 269.8 Bn by 2028 with a significant CAGR of 12.5%

Software-as-a-service (SaaS) is progressively evolving into a feasible alternative for organizations who are in search of functionality, accessibility, and versatility in a relentless and cutthroat business environment. The possibility for companies and organizations to run and operate SaaS software solutions as well as online data analysis without any need of installing the software on their own system to run and operate is majorly gaining momentum in the global markets.

The global SaaS market is segmented on the basis of deployment, application, end-user, and region.

Salesforce, LinkedIn, Concur Technologies, Workday, Inc., IBM Corporation, Oracle Corporation, NetSuite Inc., Fujitsu Ltd., Medidata Solutions, ServiceNow, Inc., Microsoft Inc., Google Inc., Zuora, SAP SE, and ADP LLC are the key participating players in the market



This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

OK