Press release
Software As A Service (SaaS) Market 2021 Strategic Assessment and Business Scope- Microsoft Corporation, Salesforce.com, Inc., Oracle Corporation, Automatic Data Processing, Inc., Alphabet Inc
Global Software As A Service (SaaS) Market report include current market scenario and offers a comprehensive analysis on Software As A Service (SaaS) industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after a pin-point research and exhaustive investigation of the market development in different sectors that requires theoretical analysis, technology-based ideas, and its validity.The global software as a service (SaaS) market is expected to grow from $225,603.7 million in 2020 to $272,494.1 million in 2021 at a compound annual growth rate (CAGR) of 20.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to grow at a CAGR of 14.1% from 2020 to reach $436,904.0million in 2025. The global software as a service (SaaS) market is expected to reach $714,966.0million in 2030, at a CAGR of 10.4%.
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https://www.marketinsightsreports.com/reports/09223281882/software-as-a-service-saas-global-market-opportunities-and-strategies-to-2030-covid-19-impact-and-recovery-including-1-by-application-customer-relationship-management-crm-enterprise-resource-planning-erp-human-resource-management-hrm-manufacturing-and-operations-supply-chain-management-scm-2-by-deployment-model-public-cloud-private-cloud-hybrid-cloud-3-by-enterprise-size-small-medium-enterprises-smes-large-enterprises-4-by-end-user-manufacturing-retail-education-healthcare-it-telecom-bfsi-others-covering-microsoft-corporation-salesforce-com-inc-oracle-corporation-automatic-data-processing-inc-alphabet-inc/inquiry?Mode=SD48
Scope of the Report:
Markets Covered: 1) By Application: Customer Relationship Management (CRM); Enterprise Resource Planning (ERP); Human Resource Management (HRM); Manufacturing And Operations; Supply Chain Management (SCM)
2) By Deployment Model: Public Cloud; Private Cloud; Hybrid Cloud
3) By Enterprise Size: Small & Medium Enterprises (SMEs); Large Enterprises
4) By End-User: Manufacturing; Retail; Education; Healthcare; IT & Telecom; BFSI; Others
Companies Mentioned: Microsoft Corporation; Salesforce.com, Inc.; Oracle Corporation; Automatic Data Processing, Inc.; Alphabet Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; software as a service (SaaS) indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Market Analysis:
North America was the largest region in the global software as a service (SaaS) market, accounting for 57.5% of the total in 2020. It was followed by Western Europe, Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the software as a service (SaaS) market will be Asia-Pacific and the Middle East, where growth will be at CAGRs of 17.3% and 17.0% respectively. These will be followed by South America, and Africa where the markets are expected to grow at CAGRs of 16.2% and 14.0% respectively, during 2020-2025.
Executive Summary:
The software as a service (SaaS) market is segmented by application into enterprise resource planning (ERP), customer relationship management (CRM), human resource management (HRM), supply chain management (SCM), and manufacturing and operations. The enterprise resource planning (ERP)market was the largest segment of the software as a service (SaaS) market segmented by application, accounting for 39.2% of the total in 2020. Going forward, the supply chain management (SCM) segment is expected to be the fastest growing segment in the software as a service (SaaS) market segmented by application, at a CAGR of 14.8% during 2020-2025.
The software as a service (SaaS) market is segmented by deployment modelinto hybrid cloud, public cloud, and private cloud. The hybrid cloudmarket was the largest segment of the software as a service (SaaS) market segmented by deployment model, accounting for 51.2% of the total in 2020 and is expected to be the fastest growing segment going forward, at a CAGR of 17.1% during 2020-2025.
The software as a service (SaaS) market is segmented by enterprise size into large enterprises, and small & medium enterprises (SMEs). The large enterprises market was the largest segment of the software as a service (SaaS) market segmented by enterprise size, accounting for 54.0% of the total in 2020. Going forward, the small & medium enterprises (SMEs) segment is expected to be the fastest growing segment in the software as a service (SaaS) market segmented by enterprise size, at a CAGR of 15.4% during 2020-2025.
The software as a service (SaaS) market is also segmented by end-user into BFSI, manufacturing, IT & telecom, healthcare, retail, education, others. The BFSI market was the largest segment of the software as a service (SaaS) market segmented by end-user, accounting for 50.6% of the total in 2020. Going forward, the others segment is expected to be the fastest growing segment in the software as a service (SaaS) market segmented by end-user, at a CAGR of 15.8.8% during 2020-2025.
The software as a service (SaaS) market is fragmented, with a large number of small players. The top ten competitors in the market made up to 40.4% of the total market in 2020. Major players in the market include Microsoft Corporation, Salesforce.com, Inc., Oracle Corporation, Automatic Data Processing, Inc., Alphabet Inc., and others.
Browse the report description and TOC:
https://www.marketinsightsreports.com/reports/09223281882/software-as-a-service-saas-global-market-opportunities-and-strategies-to-2030-covid-19-impact-and-recovery-including-1-by-application-customer-relationship-management-crm-enterprise-resource-planning-erp-human-resource-management-hrm-manufacturing-and-operations-supply-chain-management-scm-2-by-deployment-model-public-cloud-private-cloud-hybrid-cloud-3-by-enterprise-size-small-medium-enterprises-smes-large-enterprises-4-by-end-user-manufacturing-retail-education-healthcare-it-telecom-bfsi-others-covering-microsoft-corporation-salesforce-com-inc-oracle-corporation-automatic-data-processing-inc-alphabet-inc?Mode=SD48
Highlights of Software As A Service (SaaS) Market Report:
-Market dynamics, Software As A Service (SaaS) economy manufacturing, opportunities on the total pricing of this top manufacturer and improvement trend analysis;
-Software As A Service (SaaS) industry players at the general regional industry and economy synopsis;
-Deep analysis of the most significant market players included by Worldwide Software As A Service (SaaS) Market study report;
-Understand more about the market plans that are increasingly now being adopted by leading Software As A Service (SaaS) businesses;
-Evaluation of this market character, namely market development drivers, essential challengers, inhibitors, and chances;
-Strategically profile the key players and comprehensively analyze their growth strategies.
Key Takeaways:
-An extensive analysis of the Software As A Service (SaaS) market trends and shares from 2017 to 2030 to identify market opportunities and analyze industry developments.
-Comprehensive analysis with respect to investments and price trends that impact the outlook of the Global Software As A Service (SaaS) market between 2021 and 2030.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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