Software as a Service (SaaS) Market
The size of the global software as a service (SaaS) market is expected to grow from $ 212.20 billion in 2021 to $ 240.61 billion in 2022 at a compound annual growth rate (CAGR) of 13.4%. The growth in the market was largely due to the reorganization of companies of their operations and recovery from the impact of COVID-19, which had previously led to restrictive prevention measures involving social distancing, remote employment, and the closure of commercial activities that resulted in operational challenges. The SaaS market is expected to reach $ 374.48 billion by 2026 at a CAGR of 11.7%.
Business Research Company offers Software As A Service (SaaS) Global Market Report 2022 in its research report store. This is the most comprehensive report available in this market and will help to have a truly global perspective as it covers 60 geographies. The regional and country breakdowns section provides market analysis by each geography and the market size by region and country. It also compares the historical and forecast of market growth, and highlights important trends and strategies that market players can use.
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The Software as a Service (SaaS) market consists of sales of cloud-based software services. SaaS is a software solution that can be purchased on a subscription or pay per use basis to use the application for organizational purposes and customers can access this application over the internet, primarily through a web browser. All application and software data is located in the data center of the service provider. SaaS allows an organization to run an application at minimal upfront cost and speeds up the overall functionality of the organization.
Some major software as a service (SaaS) market player are Salesforce, ServiceNow, Microsoft, Google, Cisco, Slack, Adobe, Oracle, Amazon AWS, DocuSign, Zendesk, Dropbox, ADP, Atlassian Confluence, Shopify, Workday, Hubspot, SAP , IBM, Box, Concur, JIRA, GitHub, GoToMeeting, Twilio, CoupaSoftware, Xero and Zuora.
The countries covered by the global software as a service (SaaS) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India , Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden , Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global software as a service (SaaS) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Software as a Service (SaaS) Market Segmentation:
1) By Application: Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Manufacturing and Operations, Supply Chain Management (SCM)
2) According to Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Enterprise Size: Small and Medium Enterprises (SMEs), Large Enterprises
4) End-User: Labor, Retail, Education, Healthcare, IT and Telecom, BFSI, Other
See more in the report at https://www.thebusinessresearchcompany.com/report/software-as-a-service-global-market-report
Included in the Table of Contents of the Report
1. Executive Summary
2. Software as a service (SaaS) Market Characteristics
3. Trends and Strategies in the Software as a Service (SaaS) Market.
4. Impact Of COVID-19 On Software as a Service (SaaS)
5. Software as a service (SaaS) Size And Market Growth
27. Software as a service (SaaS) Market Competitive Landscape And Company Profile
28. Key Integrations And Acquisitions In The Software Market as a Service (SaaS).
29. Software as a service (SaaS) Market Future Outlook and Potential Analysis
This report covers the trends and dynamics of the software as a service (SaaS) market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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