|08-04-2017 12:50 PM CET - IT, New Media & Software||
Software As A Service Industry Business Overview, Analysis and Growth 2014-2025.
Press release from: Big-Research
Big Market Research added a report on “Global Software As A Service (SaaS) Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
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Software as a Service (SaaS) is a distribution model for software in which applications are hosted by a third-party provider and made available to the end-user via the internet. SaaS is one of the three prime classifications of cloud computing; the other two are Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). Constant changes in business requirements in accordance with the IT trends have increased the focus on SaaS solutions. The global software as a service market is expected to grow at a CAGR of over 28% from 2017 to 2025.
The global SaaS market is segmented on the basis of deployment model, application, end users, and geography. Public, private, and hybrid cloud are the deployment models of SaaS. Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Human Resource Management (HRM), Supply Chain Management (SCM), and others (business intelligence, messaging & collaboration, compliance, web conferencing platforms) are categorized under applications. Further, SMEs and large enterprises are the end-users in the SaaS market. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA), followed by country-level analysis.
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Rising business outsourcing for software & services
Increasing number of specialized SaaS applications
Increased mobile access to SaaS
Concerns regarding data security
Lack of integration
Requirement for continual internet connectivity & high speed
The top players in the global SaaS market include Amazon.com, Inc., ADP, LLC, Google, Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, Fujitsu Limited, and Workday, Inc.
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By Deployment Model
o Public Cloud
o Private Cloud
o Hybrid Cloud
o Enterprise Resource Planning (ERP)
o Customer Relationship Management (CRM)
o Human Resource Management (HRM)
o Supply Chain Management (SCM)
By End Users
o Small & Medium Enterprises (SMEs)
o Large Enterprise
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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