Press release
Software-as-a-service (SaaS) Market to reach USD 438.09 Bn by 2029, emerging at a CAGR of 15.4 percent and forecast 2023-2029
Software-as-a-service (SaaS) Market
The report employs a rigorous research methodology, incorporating in-depth analysis of market leaders, followers, and disruptors. The impact of the COVID-19 pandemic on sales revenue is meticulously examined, offering a clear understanding of market dynamics.
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Software-as-a-service (SaaS) Market Dynamics:
The SaaS industry is experiencing a remarkable surge, with a 15.4% increase in revenue to $90.64 billion by the end of 2021. The forecast predicts a substantial growth to reach US$ 329.84 billion by 2029. The report highlights the widespread adoption of SaaS solutions across various business functions, emphasizing the sector's rapid expansion.
Software-as-a-service (SaaS) Market Regional Insights:
By region, North America has the largest market share in the global SaaS market and holds the market value of US$ 2022. The main reason of rapid growth is the exponential usage of SaaS-based solutions such as human capital management (HCM), emails, office suites and web conferencing. Asia-Pacific is anticipated to be the fastest growing region for the SaaS market with CAGR of owing to the increasing number of SaaS vendors who provide continuous marketing, support and sales services to their clients.
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Software-as-a-service (SaaS) Market Segmentation:
by Deployment Type
Public
Private
Hybrid
by Application
Customer Relationship Management (CRM)
Enterprise Resource Planning (ERP)
Content, Collaboration & Communication
BI & Analytics
Human Capital Management
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
20. Adobe Inc.
21. Alphabet Inc
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Table of content for the Software-as-a-service (SaaS) Market includes:
Global Software-as-a-service (SaaS) Market: Research Methodology
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
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
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
Contact Maximize Market Research:
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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.
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