Dublin, Sept. 05, 2022 (GLOBE NEWSWIRE) — The “Global Software as a Service (SaaS) Market, By Deployment Type (Public Cloud, Hybrid Cloud and Private Cloud), By Organization Size (SMEs and Large Enterprises), By by Application, By End User, By Region, Competition Forecast and Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global Software as a Service (SaaS) Market stood at USD149.07 billion in 2021 and is expected to grow at a CAGR of 19.31% during the forecast period, reaching USD441.26 billion in 2027. Increasing investments for development of IT infrastructure by leading authorities and market players, growing internet penetration and increasing demand for data backup and security to protect critical information are the key factors driving the growth of Global Software as a Service (SaaS) Market during the forecast period.
The rapid digitalization of organizations is generating large amounts of data. The cost-saving benefits of the convenience of using digital technology are propagating the need for different types of software for different purposes.
Software as a Service saves software applications and critical information on the cloud platform eliminating the need to invest in purchasing and maintaining local infrastructure. They eliminate the need to manually back-up data by allowing timely backups that ensure data integrity and security in an organization. However, high implementation costs and difficulty in integrating hybrid infrastructure may hinder the growth of the Global Software as a Service (SaaS) Market during the forecast period.
Report Scope:
In this report, the Global Software as a Service (SaaS) Market is segmented into the following categories, in addition to the industry trends that are also detailed below:
Software as a Service (SaaS) Market, By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
Software as a Service (SaaS) Market, By Organization Size
Software as a Service (SaaS) Market, By Application
- Customer Relationship Management
- Content Communication and Collaboration
- Business Intelligence/Analytics
- Enterprise Resource Planning
- Human Resource Management
- Supply Chain Management
- The others
Software as a Service (SaaS) Market, By End-User
- IT and Telecom
- BFSI
- Taking care of your health
- Education
- Retail
- Working
- Government
- Oil and Gas
Software as a Service (SaaS) Market, By Region
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- Japanese
- India
- South Korea
- Singapore
- South America
- Brazil
- Colombia
- Argentina
- Middle East and Africa
- U.A.E
- Saudi Arabia
- South Africa
Main Topics Covered:
1. Software as a Service (SaaS): Service Overview
2. Research Methodology
3. Impact of COVID-19 on the Global Software as a Service (SaaS) Market
4. Executive Summary
5. Voice of the Customer
6. Global Software as a Service (SaaS) Market Outlook
7. North America Software as a Service (SaaS) Market Outlook
8. Europe Software as a Service (SaaS) Market Outlook
9. Asia-Pacific Software as a Service (SaaS) Market Outlook
10. South America Software as a Service (SaaS) Market Outlook
11. Middle East and Africa Software as a Service (SaaS) Market Outlook
12. Market Dynamics
13. Market Trends and Developments
14. Company Profiles
15. Strategic Recommendations
16. About Publisher and Disclaimer
Mentioned Companies
- IBM Corporation
- Microsoft Corporation
- SAP SE
- Oracle Corporation
- Salesforce.com, Inc.
- Amazon Web Services Inc.
- VMware Inc.
- Alphabet Inc.
- Hewlett Packard Enterprise Development LP
- Adobe Inc.
- Cisco Systems Inc.
- Workday Inc.
- Zoom Video Communications Inc.
- ServiceNow, Inc.
- Atlassian Corporation Plc
For more information about this report visit https://www.researchandmarkets.com/r/a9vo6q
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Global Software as a Service (SaaS) Market
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