by The global Software as a service (SaaS) market size was estimated to be around US$ 276.11 billion in 2022. It is projected to reach US$ 1,016.44 billion by 2032, indicating a CAGR of 13.92% from 2023 to 2032.
Key Takeaways
- North America dominated the SaaS market in 2022 with a revenue share of 46%.
- By Component, the software segment has captured a revenue share of around 85% in 2022.
- By Deployment, the private cloud segment has generated a revenue share of around 44% in 2022.
- By enterprise size, the large enterprises segment has accounted revenue share of 62% in 2022.
The market research report on the Software as a service (SaaS) market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Software as a service (SaaS) products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Report Scope of the Software as a Service (SaaS) Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 314.54 Billion |
| Market Size by 2032 | USD 1,016.44 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 13.92% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Deployment, By Enterprise-size, By Component, By Application, and By End-User Industry |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Security Market Size to Garner USD 317.57 Billion by 2032
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Software as a service (SaaS) market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Software as a service (SaaS) market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Software as a service (SaaS) products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Software as a service (SaaS) market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Software as a service (SaaS) market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Software as a service (SaaS) market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Key Market Players:
- Adobe Inc.
- Microsoft
- Alibaba Cloud
- IBM
- Google LLC
- Salesforce, Inc.
- Oracle
- SAP SE
- Rackspace Technology, Inc.
- VMware Inc.
- IONOS Cloud Inc.
- Cisco Systems, Inc.
- Atlassian
- ServiceNow
Segments Covered in the Report:
By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Enterprise-size
- Small & Medium Enterprises
- Large Enterprises
By Component
- Software
- Services
By Application
- Customer Relationship Management (CRM)
- Human Capital Management
- Enterprise Resource Planning (ERP)
- BI & Analytics
- Content, Collaboration & Communication
- Others
By End-User Industry
- Banking, Financial Services & Insurance (BFSI)
- Healthcare
- Retail & Consumer Goods
- Manufacturing
- Education
- Travel & Hospitality
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Software as a Service (SaaS) Market
5.1. COVID-19 Landscape: Software as a Service (SaaS) Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Software as a Service (SaaS) Market, By Deployment
8.1. Software as a Service (SaaS) Market, by Deployment, 2023-2032
8.1.1. Public Cloud
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Private Cloud
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Hybrid Cloud
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Software as a Service (SaaS) Market, By Enterprise-size
9.1. Software as a Service (SaaS) Market, by Enterprise-size, 2023-2032
9.1.1. Small & Medium Enterprises
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Large Enterprises
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Software as a Service (SaaS) Market, By Component
10.1. Software as a Service (SaaS) Market, by Component, 2023-2032
10.1.1. Software
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Services
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Software as a Service (SaaS) Market, By Application
11.1. Software as a Service (SaaS) Market, by Application, 2023-2032
11.1.1. Customer Relationship Management (CRM)
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Human Capital Management
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Enterprise Resource Planning (ERP)
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. BI & Analytics
11.1.4.1. Market Revenue and Forecast (2020-2032)
11.1.5. Content, Collaboration & Communication
11.1.5.1. Market Revenue and Forecast (2020-2032)
11.1.6. Others
11.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Software as a Service (SaaS) Market, By End-User Industry
12.1. Software as a Service (SaaS) Market, by End-User Industry, 2023-2032
12.1.1. Banking, Financial Services & Insurance (BFSI)
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Healthcare
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Retail & Consumer Goods
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Manufacturing
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Education
12.1.5.1. Market Revenue and Forecast (2020-2032)
12.1.6. Travel & Hospitality
12.1.6.1. Market Revenue and Forecast (2020-2032)
12.1.7. Others
12.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Software as a Service (SaaS) Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.1.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.1.3. Market Revenue and Forecast, by Component (2020-2032)
13.1.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Component (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.6.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Component (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Application (2020-2032)
13.1.7.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.2.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.2.3. Market Revenue and Forecast, by Component (2020-2032)
13.2.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Component (2020-2032)
13.2.7. Market Revenue and Forecast, by Application (2020-2032)
13.2.8. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Component (2020-2032)
13.2.10. Market Revenue and Forecast, by Application (2020-2032)
13.2.11. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Component (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.13. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Component (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Application (2020-2032)
13.2.15. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.3.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.3.3. Market Revenue and Forecast, by Component (2020-2032)
13.3.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Component (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.7. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Component (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.9. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Component (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.10.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Component (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Application (2020-2032)
13.3.11.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.4.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.4.3. Market Revenue and Forecast, by Component (2020-2032)
13.4.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Component (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.7. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Component (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.9. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Component (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.10.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Component (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Application (2020-2032)
13.4.11.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.5.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.5.3. Market Revenue and Forecast, by Component (2020-2032)
13.5.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Component (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.7. Market Revenue and Forecast, by End-User Industry (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Deployment (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Enterprise-size (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Component (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Application (2020-2032)
13.5.8.5. Market Revenue and Forecast, by End-User Industry (2020-2032)
Chapter 14. Company Profiles
14.1. Adobe Inc.
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Microsoft
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Alibaba Cloud
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. IBM
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Google LLC
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Salesforce, Inc.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Oracle
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. SAP SE
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Rackspace Technology, Inc.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. VMware Inc.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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