The global Software as a Service (SaaS) Market is expected to reach USD441.26 billion by 2027, growing at a CAGR of 19.31% owing to the rising demand for data backup & recovery. SaaS solutions eliminate the time-consuming task of performing weekly backups by triggering automatic backups without user intervention, ensuring the integrity of company data which is expected to fuel the growth of the Software as a Service (SaaS) across the globe.

Adoption of Subscription Based Services Driving Market Growth

Digital subscription solutions have expanded acceptance of many software applications due to their convenience and cost-saving features. Business applications are increasingly being seen as a cost-effective solution for branch offices and other facilities with limited IT expertise by global organizations. Such services are hosted within the firewall capabilities of large organizations with no data security concerns and the requisite infrastructure or resources. There is no license charge with SaaS apps because they are subscription-based, resulting in lower upfront expenditures. In addition, because the SaaS provider maintains the IT infrastructure, IT expenditures for hardware, software, and resources have decreased dramatically. The mentioned advantages of Software as a Service (SaaS) are anticipated to push the growth of the Global Software as a Service (SaaS) Market.

Bypassing of Internal IT Departments Supports Market Growth

Internal IT models in which technicians directly employed by a company adjust aspects of its software architecture as needed have been replaced by SaaS. Customers have been able to free up technical employees to focus on more strategic infrastructure expenditures thanks to SaaS solutions. It assists the customer in alleviating the strain of IT infrastructure and operations. Functional administrators can frequently configure the system themselves with minimal training, rather than asking technical IT support, thanks to the advantage of configuration over customization. The usage of SaaS has helped companies in bypassing the Internal IT Departments which results in cost efficiency and therefore is anticipated to drive the Global Software as a Service (SaaS) Market in the forecast period.

Emergence of Vertical SaaS Fuels Market Growth

Clients are targeted within certain industries and supply chains, and Vertical SaaS is completely customizable. Examples include healthcare analytics software, retail analytics, and modern logistics analytics. Vertical SaaS providers can adjust features based on customer demand and industry, effectively meeting the needs of their market segment's clients. As a result, there is more flexibility and potential for upselling, as well as lower customer acquisition expenses. It allows businesses to obtain industry-specific customer data and intelligence, which is essential for gaining customer-centric insights. Businesses can utilize pre-defined measurements, KPIs, and analytics in Vertical SaaS to monitor and improve daily and long-term processes and performance. Vertical SaaS is proving to be a cost-effective, industry-specific solution for companies looking to benefit from specialization. It allows them to fine-tune the personalization of specific features and will fuel the growth of the SaaS Market.

Click here to download the sample

Market Segmentation

The global Software as a Service (SaaS) market is segmented on the basis of deployment type, organization size, application, end user, and regional distribution. Based on deployment type, the market is further fragmented into public cloud, private cloud & hybrid cloud. On the basis of organization size, the market is divided into SMEs & large enterprises. also, segmentation of the market on grounds of application, is done into customer relationship management, human resource management, content communication & collaboration, business intelligence/analytics, enterprise resource planning, supply chain management & others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region. United States Software as a Service (SaaS) market is projected to grow at CAGR of over 18% to reach USD147.55 billion by 2027.

Company Profiles

Salesforce.com, Inc., SAP SE, Amazon Web Services Inc., Alphabet Inc., Workday Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, VMware Inc., Hewlett Packard Enterprise Development LP, Adobe Inc. and Cisco Systems Inc are among the major market players in the global platform that lead the market growth of the global Software as a Service (SaaS) market.


Attribute

Details

Market Size Value in 2021

USD149.07 Billion

Revenue Forecast in 2027

USD441.26 Billion

Growth Rate

19.31%

United States Market Size Value in 2021

USD51.64 Billion

Base Year

2021

Historical Years

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Deployment Type

·         Organization Size

·         Application

·         End User

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; United Kingdom; Germany; France; Spain; Italy; China; India; Japan; South Korea; Singapore; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa;

Key Companies Profiled

Salesforce.com Inc., SAP SE, Amazon Web Services Inc., Alphabet Inc., Workday Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, VMware Inc., Hewlett Packard Enterprise Development LP, Adobe Inc., Cisco Systems, Workday Inc., Zoom Video Communications Inc., ServiceNow, Inc. and Atlassian Corporation Plc

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global Software as a Service (SaaS) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Software as a Service (SaaS) Market, By Deployment Type:
    • Public Cloud
    • Hybrid Cloud
    • Private Cloud
  • Software as a Service (SaaS) Market, By Organization Size:
    • Large Enterprises
    • SMEs
  • Software as a Service (SaaS) Market, By Application:
    • Customer Relationship Management
    • Content Communication & Collaboration
    • Business Intelligence/Analytics
    • Enterprise Resource Planning
    • Human Resource Management
    • Supply Chain Management
    • Others
  • Software as a Service (SaaS) Market, By End User:
    • IT & Telecom
    • BFSI
    • Healthcare
    • Education
    • Retail
    • Manufacturing
    • Government
    • Oil & 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
      • Japan
      • India
      • South Korea
      • Singapore
    • South America
      • Brazil
      • Colombia
      • Argentina
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Software as a Service (SaaS) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Software as a Service (SaaS): Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Software as a Service (SaaS) Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Key Factors Influencing New SaaS Investments

5.3.  Type of Subscription Agreement Terms Opted for SaaS Deployment

5.4.  Customer Satisfaction

6.    Global Software as a Service (SaaS) Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Deployment Type (Public Cloud, Hybrid Cloud, Private Cloud)

6.2.2.     By Organization Size (Large Enterprises, SMEs)

6.2.3.     By Application (Customer Relationship Management, Content Communication & Collaboration, Business Intelligence/Analytics, Enterprise Resource Planning, Human Resource Management, Supply Chain Management, Others)

6.2.4.     By End-User (IT & Telecom, BFSI, Healthcare, Education, Retail, Manufacturing, Government, Oil & Gas)

6.2.5.     By Region 

6.2.6.     By Company (2021)

6.3.  Market Map

7.    North America Software as a Service (SaaS) Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Deployment Type

7.2.2.     By Organization Size

7.2.3.     By Application

7.2.4.     By End User

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Software as a Service (SaaS) Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.      By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Deployment Type

7.3.1.2.2.             By Organization Size

7.3.1.2.3.             By Application

7.3.1.2.4.             By End User

7.3.2.     Canada Software as a Service (SaaS) Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.      By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Deployment Type

7.3.2.2.2.             By Organization Size

7.3.2.2.3.             By Application

7.3.2.2.4.             By End User

7.3.3.     Mexico Software as a Service (SaaS) Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.      By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Deployment Type

7.3.3.2.2.             By Organization Size

7.3.3.2.3.             By Application

7.3.3.2.4.             By End User

8.    Europe Software as a Service (SaaS) Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Deployment Type

8.2.2.     By Organization Size

8.2.3.     By Application

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     United Kingdom Software as a Service (SaaS) Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.      By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Deployment Type

8.3.1.2.2.             By Organization Size

8.3.1.2.3.             By Application

8.3.1.2.4.             By End User

8.3.2.     Germany Software as a Service (SaaS) Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.      By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Deployment Type

8.3.2.2.2.             By Organization Size

8.3.2.2.3.             By Application

8.3.2.2.4.             By End User

8.3.3.     France Software as a Service (SaaS) Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.      By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Deployment Type

8.3.3.2.2.             By Organization Size

8.3.3.2.3.             By Application

8.3.3.2.4.             By End User

8.3.4.     Italy Software as a Service (SaaS) Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.      By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Deployment Type

8.3.4.2.2.             By Organization Size

8.3.4.2.3.             By Application

8.3.4.2.4.             By End User

8.3.5.     Spain Software as a Service (SaaS) Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.      By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Deployment Type

8.3.5.2.2.             By Organization Size

8.3.5.2.3.             By Application

8.3.5.2.4.             By End User

9.    Asia-Pacific Software as a Service (SaaS) Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Deployment Type

9.2.2.     By Organization Size

9.2.3.     By Application

9.2.4.     By End User

9.2.5.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Software as a Service (SaaS) Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.      By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Deployment Type

9.3.1.2.2.             By Organization Size

9.3.1.2.3.             By Application

9.3.1.2.4.             By End User

9.3.2.     Japan Software as a Service (SaaS) Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.      By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Deployment Type

9.3.2.2.2.             By Organization Size

9.3.2.2.3.             By Application

9.3.2.2.4.             By End User

9.3.3.     India Software as a Service (SaaS) Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.      By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Deployment Type

9.3.3.2.2.             By Organization Size

9.3.3.2.3.             By Application

9.3.3.2.4.             By End User

9.3.4.     South Korea Software as a Service (SaaS) Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.      By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Deployment Type

9.3.4.2.2.             By Organization Size

9.3.4.2.3.             By Application

9.3.4.2.4.             By End User

9.3.5.     Singapore Software as a Service (SaaS) Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.      By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Deployment Type

9.3.5.2.2.             By Organization Size

9.3.5.2.3.             By Application

9.3.5.2.4.             By End User

10.  South America Software as a Service (SaaS) Market Outlook

10.1.              Market Size & Forecast

10.1.1.   By Value

10.2.              Market Share & Forecast

10.2.1.   By Deployment Type

10.2.2.   By Organization Size

10.2.3.   By Application

10.2.4.   By End User

10.2.5.   By Country

10.3.              South America: Country Analysis

10.3.1.   Brazil Software as a Service (SaaS) Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.    By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.          By Deployment Type

10.3.1.2.2.          By Organization Size

10.3.1.2.3.          By Application

10.3.1.2.4.          By End User

10.3.2.   Colombia Software as a Service (SaaS) Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1. By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.          By Deployment Type

10.3.2.2.2.          By Organization Size

10.3.2.2.3.          By Application

10.3.2.2.4.          By End User

10.3.3.  Argentina Software as a Service (SaaS) Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1. By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.       By Deployment Type

10.3.3.2.2.       By Organization Size

10.3.3.2.3.       By Application

10.3.3.2.4.       By End User

11.  Middle East & Africa Software as a Service (SaaS) Market Outlook

11.1.              Market Size & Forecast

11.1.1.   By Value

11.2.              Market Share & Forecast

11.2.1.   By Deployment Type

11.2.2.   By Organization Size

11.2.3.   By Application

11.2.4.   By End User

11.2.5.   By Country

11.3.              Middle East & Africa: Country Analysis

11.3.1.   UAE Software as a Service (SaaS) Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1. By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.          By Deployment Type

11.3.1.2.2.          By Organization Size

11.3.1.2.3.          By Application

11.3.1.2.4.          By End User

11.3.2.   Saudi Arabia Software as a Service (SaaS) Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1. By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.          By Deployment Type

11.3.2.2.2.          By Organization Size

11.3.2.2.3.          By Application

11.3.2.2.4.          By End User

11.3.3.   South Africa Software as a Service (SaaS) Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1. By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.          By Deployment Type

11.3.3.2.2.          By Organization Size

11.3.3.2.3.          By Application

11.3.3.2.4.          By End User

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends and Developments

14.  Company Profiles

14.1.    IBM Corporation

14.2.    Microsoft Corporation

14.3.    SAP SE

14.4.    Oracle Corporation

14.5.    Salesforce.com, Inc.

14.6.    Amazon Web Services Inc.

14.7.    VMware Inc.

14.8.    Alphabet Inc.

14.9.    Hewlett Packard Enterprise Development LP

14.10.  Adobe Inc.

14.11.  Cisco Systems Inc.

14.12.  Workday Inc.

14.13.  Zoom Video Communications Inc.

14.14.  ServiceNow, Inc.

14.15.  Atlassian Corporation Plc

15.  Strategic Recommendations

16.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures:

    Figure 1:  Global Software As a Service (SaaS) Market Size, By Value (USD Billion), 2017-2027F

    Figure 2: Global Software As a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 3: Global Software As a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 4:  Global Software As a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 5:  Global Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 6:  Global Software As a Service (SaaS) Market Share, By Region, By Value, 2017-2027F

    Figure 7:  Global Software As a Service (SaaS) Market Share, By Company, By Value, 2021

    Figure 8: Global Software As a Service (SaaS) Market Map, By Deployment Type, Market Size (USD Billion) & Growth Rate (%), 2021

    Figure 9: Global Software As a Service (SaaS) Market Map, By Organization Size, Market Size (USD Billion) & Growth Rate (%), 2021

    Figure 10: Global Software As a Service (SaaS) Market Map, By Application, Market Size (USD Billion) & Growth Rate (%), 2021

    Figure 11: Global Software As a Service (SaaS) Market Map, By End User, Market Size (USD Billion) & Growth Rate (%), 2021

    Figure 12: Global Software As a Service (SaaS) Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2021

    Figure 13:   North America Software as a Service (SaaS) Market Size, By Value (USD Billion), 2017-2027F

    Figure 14:   North America Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 15:   North America Software as a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 16:   North America Software as a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 17:   North America Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 18:   North America Software As a Service (SaaS) Market Share, By Country, By Value, 2017-2027F

    Figure 19:   United States Software as a Service (SaaS) Market Size, By Value (USD Billion), 2017-2027F

    Figure 20:   United States Internet Users (Million), 2016-2020

    Figure 21:   United States Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 22:   United States Software as a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 23:   United States Software as a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 24:   United States Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 25:   Canada Software as a Service (SaaS) Market Size, By Value (USD Billion), 2016-2026F

    Figure 26:   Canada Internet Users (Million), 2016-2020

    Figure 27:   Canada Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 28:   Canada Software as a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 29:   Canada Software as a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 30:   Canada Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 31:   Mexico Software as a Service (SaaS) Market, By Value (USD Billion), 2017-2027F

    Figure 32:   Mexico Internet Users (Million), 2016-2020

    Figure 33:   Mexico Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 34:   Mexico Software as a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 35:   Mexico Software as a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 36:   Mexico Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 37:   Europe Software as a Service (SaaS) Market Size, By Value (USD Billion), 2017-2027F

    Figure 38:   Europe Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 39:   Europe Software as a Service (SaaS) Market Share, By Organization Size, By Value, 2017-2027F

    Figure 40:   Europe Software as a Service (SaaS) Market Share, By Application, By Value, 2017-2027F

    Figure 41:   Europe Software As a Service (SaaS) Market Share, By End User, By Value, 2017-2027F

    Figure 42:   Europe Software As a Service (SaaS) Market Share, By Country, By Value, 2017-2027F

    Figure 43:   United Kingdom Software as a Service (SaaS) Market Size, By Value (USD Billion), 2017-2027F

    Figure 44:   United Kingdom Internet Users (Million), 2016-2020

    Figure 45:   United Kingdom Software as a Service (SaaS) Market Share, By Deployment Type, By Value, 2017-2027F

    Figure 46:   United Kingdom Software as a Service (SaaS) M