09-March-2022

Software As A Service (SaaS) Market | Top Drivers and Market Forecast

Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., and Oracle Corp. are among the key vendors discussed in the research report

The Global Software as a service (SaaS) market is likely to grow by $ 99.99 billion, accelerating at a CAGR of over 11% till 2025. Several factors such as Augmenting use of mobile apps and Rising need for API connections will drive market growth. This research report lists all the growth drivers that are likely to boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The goal of this research report is to furnish clients with insights that will help them leverage growth opportunities to implement business growth.


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Software As A Service (SaaS) Market | Incremental Growth by $ 99.99 billion During 2021-2025Software As A Service (SaaS) Market: Segments and Geographical Regions

  • This report segments the market Deployment (Public cloud, Private cloud, and Hybrid cloud) and Geography (North America, Europe, APAC, South America, and MEA).  
  • 52% of the market growth will originate from North America during the forecast period. 
  • This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Software As A Service (SaaS) Market | Incremental Growth by $ 99.99 billion During 2021-2025

Software As A Service (SaaS) Market: Vendor Analysis

  • The market is fragmented due to the presence of several players. 
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
  • Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE are some of the major market participants. 

Market Segmentation by Deployment

    • Software As A Service (SaaS) Market Split by Deployment
      • Public cloud
      • Private cloud
      • Hybrid cloud
    • Software As A Service (SaaS) Market Split by Geography
      • North America
      • Europe
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Accenture Plc
  • Adobe Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Hewlett Packard Enterprise Development LP
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Salesforce.com Inc.
  • SAP SE

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

Browse through some of other related market research reports for more insights:


The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 11%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 99.99 billion through 2021-2025.

     
  3. What is a key factor driving this market?
    Augmenting use of mobile apps will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    52% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE

     
  7. What are the market segments covered in this report?
    The market is segmented by Deployment (Public cloud, Private cloud, and Hybrid cloud) and Geography (North America, Europe, APAC, South America, and MEA)

Software as a Service (SaaS): Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2021-2025

The Software As A Service (SaaS) Market is projected to post an incremental growth of $ 99.99 billion, at a CAGR of over 11% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Software As A Service (SaaS) Market: What are the factors that will drive market growth?

One of the primary factors that will trigger the growth of the Software as a Service (SaaS) Market size is the increasing use of AI-enabled SaaS. AI-enabled SaaS solutions allow end-user enterprises to obtain better value from their data. Enterprises can provide personalized and automated services to their customers through live chatbots, which are AI-powered SaaS. AI-enabled SaaS also quickens internal processes and operations. AI-enabled SaaS has improved security because it can generate a quick response to a potential threat. The benefits enable enterprises to improve their internal operation and as a result will increase the use of AI-enabled SaaS, which in turn, will boost the overall growth of the SaaS market.

Software As A Service (SaaS) Market | Incremental Growth by $ 99.99 billion During 2021-2025

Software As A Service (SaaS) Market: Segment List

This software as a service (SaaS) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (public cloud, private cloud, and hybrid cloud) and geography (North America, Europe, APAC, South America, and MEA). The software as a service (SaaS) market report also offers information on several market vendors, including Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE among others. For more details: Request our Free Sample Report

Software As A Service (SaaS) Market: Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE are some of the leading competitors

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

 

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