Press release
Software-as-a-service (SaaS) Market was valued US$ 160.74 Bn in 2022 and is expected to reach US$ 438.09 Bn by 2029, at CAGR of 15.4% during forecast period of 2023 to 2029.
Software-as-a-service (SaaS) Market
The report delves into the transformative aspects of Software-as-a-Service, exploring its capacity to eliminate the necessity of traditional software installation and maintenance. This leads to substantial reductions in costs associated with hardware acquisition, software licensing, and maintenance. As a result, organizations are increasingly turning to SaaS as a cost-effective solution. The report uncovers how SaaS is positioned as a vital cost-cutting tool for organizations of all sizes, driving its projected growth during the forecast period.
Maximize Market Research Pvt Ltd employs a robust and comprehensive research methodology, ensuring the accuracy and reliability of the insights provided. By analyzing the impact of the COVID-19 pandemic on market leaders, followers, and disruptors, the report presents a comprehensive view of the market landscape.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/45115
Software-as-a-service (SaaS) Market Dynamics:
The report highlights the exponential growth of SaaS technologies in recent years, with revenues reaching $90.64 billion by the end of 2021, marking a 15.4% year-on-year increase. The adoption of SaaS solutions across various business functions, coupled with the benefits it offers, contributes to the rapid expansion of the SaaS industry.
The report underscores several drivers fueling the rapid expansion of the SaaS market. The cost-effective nature of SaaS solutions, stemming from reduced hardware acquisition and maintenance costs, positions it as an attractive choice for organizations seeking efficient cost-cutting tools. Moreover, the adoption of SaaS across various industries for functions like customer relationship management (CRM), enterprise resource planning (ERP), and human resource management (HRM) is contributing to the market's impressive growth trajectory.
Software-as-a-service (SaaS) Market Regional Insights:
The report provides valuable insights into the regional dynamics of the SaaS market. North America dominates the global SaaS market with a significant market share. On the other hand, the Asia-Pacific region is poised to experience the fastest growth due to the increasing number of SaaS vendors providing comprehensive services to clients.
In terms of market share by region, North America will account for $ in the worldwide SaaS market in 2022. The exponential use of SaaS-based products including email, office suites, human capital management (HCM), and web conferencing is the primary cause of the industry's rapid expansion. Due to the expanding number of SaaS vendors who offer ongoing marketing, support, and sales services to their customers, Asia-Pacific is predicted to have the highest CAGR for the SaaS industry.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/45115
Software-as-a-service (SaaS) Market Segmentation:
by Vertical
BFSI
It &Telecommunication
Manufacturing
Retail
Healthcare
Education
Others
by Deployment
Public Cloud
Private Cloud
Hybrid Cloud
by Application
ERP
CRM
HRM
SCM
Others
Software-as-a-service (SaaS) Market Key Players:
1. Symantec Corporation,
2. Google Inc.,
3. Fujitsu Ltd.,
4. Amazon.com Inc.,
5. IBM Corporation,
6. HP,
7. Oracle Corporation,
8. SAP SE,
9. Microsoft Corporation,
10. Salesforce.
11. Zuora
12. LinkedIn
13. Concur Technologies
14. Medidata Solutions
15. Workday, Inc.
16. NetSuite Inc.
17. ServiceNow, Inc.
18. ADP, LLC
19. Adobe Inc.
20. Alphabet Inc
More Related Reports:https://www.maximizemarketresearch.com/market-report/software-as-a-service-saas-market/45115/
Table of content for the Software-as-a-service (SaaS) Market includes:
1. Global Software-as-a-service (SaaS) Market: Research Methodology
2. Global Software-as-a-service (SaaS) Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Global Software-as-a-service (SaaS) Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Related Report :
Cleaning Robot Market https://www.maximizemarketresearch.com/market-report/cleaning-robot-market/868/
Medical Education Market https://www.maximizemarketresearch.com/market-report/global-medical-education-market/32035/
GIS Market https://www.maximizemarketresearch.com/market-report/global-gis-market/28729/
Hybrid System Market https://www.maximizemarketresearch.com/market-report/global-hybrid-system-market/1761/
Flexible AC Transmission System Market https://www.maximizemarketresearch.com/market-report/global-flexible-ac-transmission-system-market/29235/
Global Online Advertising Market https://www.maximizemarketresearch.com/market-report/global-online-advertising-market/85026/
IoT Monetization Market https://www.maximizemarketresearch.com/market-report/global-iot-monetization-market/60620/
Polyurethane Elastomers Market https://www.maximizemarketresearch.com/market-report/polyurethane-elastomers-market/5798/
Food Emulsifiers Market https://www.maximizemarketresearch.com/market-report/global-food-emulsifiers-market/30778/
Global Enterprise Search Market https://www.maximizemarketresearch.com/market-report/global-enterprise-search-market/55102/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Software-as-a-service (SaaS) Market was valued US$ 160.74 Bn in 2022 and is expected to reach US$ 438.09 Bn by 2029, at CAGR of 15.4% during forecast period of 2023 to 2029. here
News-ID: 3176714 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F …
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion.
Automotive Telematics Insurance Market Overview:
The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around the…
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T …
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030
Artificial Intelligence in Agriculture Market Overview:
The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plant…
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a …
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million.
Offshore Support Vessels Industry Overview:
The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshore…
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 …
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion.
Commercial Vehicles Market Overview:
The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehicles…
More Releases for SaaS
Saas Security Market Size Analysis by Application, Type, and Region: Forecast to …
USA, New Jersey- According to Market Research Intellect, the global Saas Security market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
As companies more and more move their operations to cloud-based systems, the SaaS security market is growing strongly. Increased use of Software-as-a-Service models in…
Unlock Exclusive Savings on Top SaaS Software with Best SaaS Offers
Image: https://www.abnewswire.com/uploads/0c20ad69235160722e6fd091f6590e60.png
Best SaaS Offers is transforming the way startups, freelancers, and businesses access essential software by offering some of the most Affordable SaaS tools for startups [https://bestsaasoffers.com/]. As a leading destination for lifetime deals and exclusive discounts, Best SaaS Offers connects users with top-quality digital tools at budget-friendly prices, empowering them to grow without the financial burden of hefty subscriptions.
Affordable SaaS Tools for Startups - The Key to Scaling Smartly
In…
AppOmni Unveils First AI SaaS Security Posture Management Assistant, AskOmni, Re …
AskOmni simplifies and enhances SaaS security, enabling administrators to ask their way to securing their SaaS estate
AppOmni, SaaS Security Posture Management (SSPM) leader and SaaS security pioneer, today unveiled a groundbreaking advancement with the introduction of AskOmni. This first AI-powered SSPM assistant developed by the AppOmni OmniScience team propels SSPM into new dimensions, simplifying security operations and issue remediation, and helping organizations secure mission-critical SaaS environments.
AskOmni simplifies administrator…
Revenue-Based Financing Market SWOT Analysis by Key Players SaaS Capital, Sabine …
Advance Market Analytics added research publication document on Worldwide Revenue-Based Financing Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Revenue-Based Financing market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some…
SaaS BPM Extended Easter Sale
Are you on the lookout for new plugins and software to enhance your small business? Search no more! We have now extended the Easter promotions for our amazing tools until April 18! But first, here are a few details about how SaaS BPM can help you manage your teams and your client relationships better.
SaaS BPM: The Ultimate Small Business Process Management Solution
In every industry, there are operational processes that serve…
Global SaaS Management Platform Market Size, By Types (SaaS Subscription Managem …
The global SaaS Management Platform size is estimated to be USD 1891 million in 2020. The global SaaS Management Platform market size is expected to grow at a CAGR of 16.4% between 2020-2028.
The global SaaS Management Platform Market is fueled by various factors, according to a detailed assessment explained in the report. This study shows how important in-depth analysis should be, and how it greatly affects the quality of information…
