Pune, India, April 11, 2022 (GLOBE NEWSWIRE) – According to MarketStudyReport, that global SAAS (software-as-a-service) market. is worth USD 130.69 billion in 2021 and is expected to get a substantial amount by the year 2027.
Notably, the aforementioned highlights will help business players, manufacturers, and other stakeholders in developing solid plans to earn substantial profits in the years of analysis.
In-depth segmentation studies covering application terrain, deployment model, enterprise size, and end-user scope are also offered for an inclusive industry picture. Furthermore, the research literature continues to examine trends in key regions including North America, Europe, and Asia Pacific. Finally, several tactics such as strategic alliances and innovative product development are considered to assist companies in making informed decisions, along with a top-to-bottom overview of the supply chain. industry.
The industry is primarily driven by increasing use of smartphones, tablets, and laptops, as well as widespread public use and hybrid cloud, corporate outsourcing, and rapid digitalization. The widespread use of social media and instant messaging by businesses is encouraging the integration of SaaS solutions.
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Notably, with the rise of corporate outsourcing and globalization, organizations are expanding their borders to provide services to clients around the world. They need reliable business data to enhance staff investment strategies and identify potential issues and their causes, fueling market trends.
Furthermore, the COVID-19 pandemic encouraged the use of on-demand, scalable cloud models to achieve cost efficiency and business continuity. This gives businesses the strength they need to accelerate their digital business transformation initiatives, which in turn helps expand the industry.
Market segment overview:
Based on the size of the business, the market is divided into SME, and large enterprises. In terms of deployment model, the industry is divided into hybrid cloud, private cloud, and public cloud.
On the basis of the application gamut of the global SAAS (software-as-a-service) market, the customer relation management (CRM) segment is expected to have 34.96% revenue share during the review period.
In relation to end-user coverage, the BFSI segment is expected to grow at a health CAGR during the forecast period.
Region range:
According to expert opinion, the North American industry will hold the largest share of revenue in 2021. While the Asia Pacific market is poised to grow at a rapid rate during the study period. This growth is associated with the use of SaaS solutions for operations such as e-commerce, web hosting, corporate resource planning, customer relationship management, and more.
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Competitive dashboard:
DocuSign, Inc., Amazon.com, Inc., Cisco Systems, Inc., ServiceNow, Adobe, Inc., Alphabet, Inc/, Oracle Corporation, SAP SE, Salesforce, and Microsoft Corporation are the major players in global SAAS (software -as-a-service) market. To improve their position, the giants in this industry are pursuing mergers and acquisitions, collaborations and partnerships, and creative launches.
Global SAAS (software-as-a-service) Market, by Enterprise Size (Revenue, USD Billion, 2017-2027)
Global SAAS (software-as-a-service) Market, by Deployment Model (Revenue, USD Billion, 2017-2027)
- Hybrid Cloud
- Private Cloud
- Public Cloud
Global SAAS (software-as-a-service) Market, by Application (Revenue, USD Billion, 2017-2027)
- Customer Relationship Management (CRM)
- Enterprise Resource Planning (ERP)
- Human Resource Management (HRM)
- Supply Chain Management (SCM)
- The others
Global SAAS (software-as-a-service) Market, End-User (Revenue, USD Billion, 2017-2027)
- BFSI
- Taking care of your health
- IT and Telecom
- Tingi
- Education
- The others
Global SAAS (software-as-a-service) Market, Geographical Fragmentation (Revenue, USD Billion, 2017-2027)
North America
Europe
Asia-Pacific
- India
- China
- Japanese
- South Korea
Global SAAS (software-as-a-service) Market, Company profiles (Revenue, USD Billion, 2017-2027)
- DocuSign, Inc.
- Amazon.com, Inc.
- Cisco Systems, Inc.
- Service Today
- Adobe, Inc.
- Alphabet, Inc.
- Oracle Corporation
- SAP SE
- Salesforce
- Microsoft Corporation
Table of contents:
1. Report Scope and Procedure
1.1 Scope of the Report
1.2 Research Methods
1.3 Executive Summary
2. Strategic Recommendations
3. Global SAAS Market: Product Overview
4. Global SAAS Market: An Analysis
4.1 Market Size, By Value, 2017-2027
4.2 Impact of COVID-19 on the SAAS Market
4.3 Global SAAS Market
5. Global SAAS Market: Segment Analysis
5.1 Global SAAS End User Market
5.2 Competitive Scenario of Global SAAS Market: By End User (2021 & 2027)
5.3 Of BFSI ?? Market Size and Forecast (2017-2027)
5.4 By Retail – Size and Market Forecast (2017-2027)
5.5 By Education – Market Size and Forecast (2017-2027)
6. Global SAAS Market: Analysis By Application
6.1 Competitive Scenario of Global SAAS Market: By Application (2021 & 2027)
6.2 In Customer Relationship Management (CRM) ?? Market Size and Forecast (2017-2027)
6.3 Through Enterprise Resource Planning (ERP) ?? Market Size and Forecast (2017-2027)
6.4 In Human Resource Management (HRM) ?? Market Size and Forecast (2017-2027)
6.5 In Supply Chain Management (SCM) ?? Market Size and Forecast (2017-2027)
6.6 Of Others – Market Size and Forecast (2017-2027)
7. Global SAAS Market By Deployment Model
7.1 Global SAAS Market Competitive Scenario: According to Deployment Model (2021 and 2027)
7.2 Via Public Cloud – Market Size and Forecast (2017-2027)
7.3 Private Cloud – Market Size and Forecast (2017-2027)
7.4 Via Hybrid Cloud – Size and Market Forecast (2017-2027)
8. Global SAAS Market According to Enterprise Size
8.1 Global SAAS Market Competitive Scenario: By Enterprise Size (2021 and 2027)
8.2 Of SME ?? Market Size and Forecast (2017-2027)
8.3 By Large – Market Size and Forecast (2017-2027)
9. Global SAAS Market: Regional Analysis
9.1 Global SAAS Market Competitive Scenario: By Region (2021 and 2027)
10. North America SAAS Market: An Analysis (2017-2027)
10.1 North America SAAS Market by Value: Size and Forecast (2017-2027)
10.2 North America SAAS Market: Prominent Companies
10.3 End User Market Segmentation (BFSI, Retail, Education, Healthcare, Healthcare, Other)
10.4 Market Segmentation By Application (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM), Others)
10.5 Market Segmentation According to Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud)
11. Europe SAAS Market: An Analysis (2017-2027)
11.1 Europe SAAS Market by Value: Size and Forecast (2017-2027)
11.2 Europe SAAS Market: Prominent Companies
11.3 End User Market Segmentation (BFSI, Retail, Education, Healthcare, Healthcare, Others)
11.4 Market Segmentation by Application (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM), Others)
11.5 Market Segmentation According to Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud)
12. Asia-Pacific SAAS Market: An Analysis (2017-2027)
12.1 Asia-Pacific SAAS Market by Value: Size and Forecast (2017-2027)
12.2 Asia-Pacific SAAS Market: Prominent Companies
12.3 End User Market Segmentation (BFSI, Retail, Education, Healthcare, Healthcare, Others)
12.4 Market Segmentation by Application (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Supply Chain Management (SCM), Others)
12.5 Market Segmentation by Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud)
12.6 Market Segmentation by Enterprise Size (SME, Large)
13. Global SAAS Market Dynamics
13.1 Global SAAS Market Drivers
13.2 Global SAAS Market Restrictions
13.3 Global SAAS Market Trends
14. Attractive in the Market
14.1 Market Attractiveness Chart of Global SAAS Market – By End User (Year 2027)
14.2 Global SAAS Market Attraction Chart – By Application (Year 2027)
14.3 Global SAAS Market Attraction Chart – According to Deployment Model (Year 2027)
14.4 Market Attractiveness Chart of Global SAAS Market – By Enterprise Size (Year 2027)
14.5 Market Attractiveness Chart of Global SAAS Market – By Region (Year 2027)
15. Competitive Landscape
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