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PUBLISHER: Grand View Research | PRODUCT CODE: 1268861
PUBLISHER: Grand View Research | PRODUCT CODE: 1268861
Software As A Service (SaaS) Market Size, Share & Trends Analysis Report By Component, By Deployment, By Enterprise-size, By Application (CRM, ERP, Content), By Industry (BFSI, Retail, Healthcare), And Segment Forecasts, 2023 - 2030
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Software As A Service Market Growth & Trends:
The global software as a service market size is expected to reach USD 819.23 billion by 2030, growing at a CAGR of 13.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major growth factors of the market include the growing adoption of outsourcing business models in enterprises coupled with the growing number of small and medium enterprises (SMEs) and startups across the globe. Moreover, the rising trend towards mobile applications such as emails, video calls, and instant messaging further increases the usage of smart devices which further encourages the demand for software as a service (SaaS) during the forecast period.
Cloud-based software solutions have become increasingly popular due to their scalability, cost-effectiveness, and ease of use. Companies increasingly turn to cloud-based SaaS solutions for their business needs, including customer relationship management (CRM), human resources management, and accounting. Further, SaaS providers are increasingly integrating their software with other platforms to offer a more comprehensive suite of services. This includes integrations with other SaaS providers and on-premises software and legacy systems. For instance, in November 2022, IBM Corporation launched a managed cloud service solution for VMware, Inc., an American cloud computing and virtualization technology company. The new offering provides a secured, operated, and managed service by IBM Cloud to assist enterprises in deploying the cloud with the IBM Cloud infrastructure and VMware software stack.
SaaS providers increasingly incorporate artificial intelligence (AI) and automation into their software solutions to improve efficiency, accuracy, and productivity. This includes features such as chatbots, predictive analytics, and automated workflows. Furthermore, the COVID-19 pandemic has boosted the adoption of remote work and cloud-based software, which could lead to increased demand for SaaS solutions worldwide. This trend will continue even as the pandemic subsides, as many companies have discovered the benefits of cloud-based tools and are likely to continue using them. For instance, in November 2022, OutSystems launched a cloud-native development solution OutSystems Developer developing cloud applications. ODC combines a cutting-edge architecture developed on Linux containers, AWS, Kubernetes, enterprise-grade security, and micro services with DORA high-performance CD/CI and the unrivaled efficiency of visual, model-based development.
Software As A Service Market Report Highlights:
- The software segment led the market in 2022, accounting for over 84% share of the global revenue owing to a rise in the demand for cloud-based software outsourcing and an increase in the number of SMEs outsourcing
- The private cloud segment held the largest revenue share of over 44% in 2022. Private clouds combine many advantages of cloud computing, such as ease of service delivery, scalability, security, elasticity, and resource personalization of on-premises infrastructure
- The large enterprises segment led the market in 2022, accounting for over 60% share of the global revenue. SaaS gives enterprises greater visibility and control over their cloud environments, allowing them to manage risk and compliance requirements better
- The others segment held the largest revenue share of over 42% in 2022. The emergence of new technologies like robotic process automation (RPA), cloud computing, and artificial intelligence (AI) has the potential to revolutionize the supply chain software market
- North America accounted for the largest share of over 44% of the global SaaS market. Software as a Service (SaaS) is a rapidly growing industry in North America, with many developments emerging in recent years. Cloud-based software solutions have become increasingly popular in North America due to their scalability, cost-effectiveness, and ease of use
Product Code: GVR-4-68039-940-5
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data validation & publishing
- 1.4 Research Scope and Assumptions
- 1.4.1 List to Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 SaaS Market Variables and Trends
- 3.1 Market Lineage Outlook
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.4 Market Dynamics
- 3.4.1 Market Driver Impact Analysis
- 3.4.1.1 increasing Mobile Digitization
- 3.4.1.2 Increasing Number of micro-SaaS
- 3.4.2 Market Restraint Impact Analysis
- 3.4.2.1 Threat of Data Breach
- 3.4.3 Industry Challenges
- 3.4.4 Industry opportunities
- 3.4.1 Market Driver Impact Analysis
- 3.5 Industry Analysis Tools
- 3.5.1 porter's analysis
- 3.5.2 MACROECONOMIC ANALYSIS
Chapter 4 SaaS Market: Component Estimates & Trend Analysis
- 4.1 Component Movement Analysis & Market Share, 2022 & 2030
- 4.2 SaaS Market Estimates & Forecast, By Component (USD Billion)
- 4.2.1 Software
- 4.2.2 Services
Chapter 5 SaaS Market: Deployment Estimates & Trend Analysis
- 5.1 Deployment Movement Analysis & Market Share, 2022 & 2030
- 5.2 SaaS Market Estimates & Forecast, By Deployment (USD Billion)
- 5.2.1 Public Cloud
- 5.2.2 Private cloud
- 5.2.3 Hybrid cloud
Chapter 6 SaaS Market: Enterprise Size Estimates & Trend Analysis
- 6.1 Enterprise Size Movement Analysis & Market Share, 2022 & 2030
- 6.2 SaaS Market Estimates & Forecast, By Enterprise Size (USD Billion)
- 6.2.1 Small & Medium Enterprises
- 6.2.2 Large Enterprises
Chapter 7 SaaS Market: Application Estimates & Trend Analysis
- 7.1 Application Movement Analysis & Market Share, 2022 & 2030
- 7.2 SaaS Market Estimates & Forecast, By Application (USD Billion)
- 7.2.1 Customer Relationship Management (CRM)
- 7.2.2 Enterprise Resource planning (ERP)
- 7.2.3 Human Capital Management
- 7.2.4 Content, Collaboration & Communication
- 7.2.5 BI & Analytics
- 7.2.6 Others
Chapter 8 SaaS Market: Industry Estimates & Trend Analysis
- 8.1 Industry Movement Analysis & Market Share, 2022 & 2030
- 8.2 SaaS Market Estimates & Forecast, By Industry (USD Billion)
- 8.2.1 Banking, Financial Services and Insurance (BFSI)
- 8.2.2 Retail and Consumer goods
- 8.2.3 Healthcare
- 8.2.4 Education
- 8.2.5 Manufacturing
- 8.2.6 Travel & Hospitality
- 8.2.7 Others
Chapter 9 SaaS Market: Regional Estimates & Trend Analysis
- 9.1 SaaS Market: Regional Outlook
- 9.2 North America
- 9.2.1 North America SaaS Market Estimates & Forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.2.2 U.S.
- 9.2.2.1 U.S. Saas market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.2.3 Canada
- 9.2.3.1 Canada SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.2.4 Mexico
- 9.2.4.1 Mexico SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.3 Europe
- 9.3.1 Europe SaaS Market Estimates & Forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.3.2 U.K.
- 9.3.2.1 U.K. SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.3.3 Germany
- 9.3.3.1 Germany SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.3.4 France
- 9.3.4.1 France SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific SaaS Market Estimates & Forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.2 China
- 9.4.2.1 China SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.3 Japan
- 9.4.3.1 Japan SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.4 India
- 9.4.4.1 India SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.5 Singapore
- 9.4.5.1 Singapore SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.6 South Korea
- 9.4.6.1 South Korea SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.7 Malaysia
- 9.4.7.1 Malaysia SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.4.8 Australia
- 9.4.8.1 australia SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.5 South America
- 9.5.1 South America SaaS Market Estimates & Forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.5.2 Brazil
- 9.5.2.1 Brazil SaaS market estimates & forecasts, 2017 - 2030 (Revenue USD Billion)
- 9.6 Middle East & Africa
- 9.6.1 Middle East & Africa SaaS Market Estimates & Forecasts, 2017 - 2030 (Revenue USD Billion)
Chapter 10 SaaS Market - Competitive Landscape
- 10.1 Recent Developments & Impact Analysis, By Key Market Participants
- 10.2 Company Categorization
- 10.3 Participant's Overview
- 10.4 Financial Performance
- 10.5 Product Benchmarking
- 10.6 Application Company Market Positioning
- 10.6.1 Customer Relationship Management (CRM)
- 10.6.2 Enterprise Resource planning (ERP)
- 10.6.3 Human Capital Management
- 10.6.4 Content, Collaboration & Communication
- 10.6.5 BI & Analytics
- 10.7 Company Market Share Analysis, 2022
- 10.8 Company Heat Map Analysis
- 10.9 Strategy Mapping
- 10.9.1 Expansion
- 10.9.2 Mergers & Acquisition
- 10.9.3 Collaborations
- 10.9.4 New Product Launches
- 10.9.5 Research & Development
Product Code: GVR-4-68039-940-5
List of Tables
- Table 1 Global SaaS Market Revenue Estimates and Forecast, By Component, 2017 - 2030 (USD Billion)
- Table 2 Global SaaS Market Revenue Estimates and Forecast, By Deployment, 2017 - 2030 (USD Billion)
- Table 3 Global SaaS Market Revenue Estimates and Forecast, By Enterprise Size, 2017 - 2030 (USD Billion)
- Table 4 Global SaaS Market Revenue Estimates and Forecast, By Application, 2017 - 2030 (USD Billion)
- Table 5 Global SaaS Market Revenue Estimates and Forecast, By Industry, 2017 - 2030 (USD Billion)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Market Share, 2022
List of Figures
- Fig. 1 SaaS Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/3)
- Fig. 8 Segment Snapshot (2/3)
- Fig. 9 Segment Snapshot (3/3)
- Fig. 10 Competitive Landscape Snapshot
- Fig. 11 Cloud Computing Market Value, 2022 (USD Billion)
- Fig. 12 Key opportunity analysis
- Fig. 13 SaaS - Industry Value Chain Analysis
- Fig. 14 SaaS Market Dynamics
- Fig. 15 SaaS Market: PORTER's Analysis
- Fig. 16 SaaS Market: PESTEL Analysis
- Fig. 17 SaaS Market, by Component: Key Takeaways
- Fig. 18 SaaS Market, by Component: Market Share, 2022 & 2030
- Fig. 19 Software market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 20 Services market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 21 SaaS Market, by Deployment: Key Takeaways
- Fig. 22 SaaS Market, by Deployment: Market Share, 2022 & 2030
- Fig. 23 Public cloud market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 24 Private cloud market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 25 Hybrid cloud market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 26 SaaS Market, by Enterprise Size: Key Takeaways
- Fig. 27 SaaS Market, by Enterprise Size: Market Share, 2022 & 2030
- Fig. 28 Small & medium enterprises market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 29 Large enterprises market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 30 SaaS Market, by Application: Key Takeaways
- Fig. 31 SaaS Market, by Application: Market Share, 2022 & 2030
- Fig. 32 Customer relationship management (CRM) market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 33 Enterprise resource planning (ERP) market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 34 Human capital management market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 35 Content, collaboration & communication market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 36 BI & analytics market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 37 Others market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 38 SaaS Market, by Industry: Key Takeaways
- Fig. 39 SaaS Market, by Industry: Market Share, 2022 & 2030
- Fig. 40 Banking, financial services and insurance (BFSI) market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 41 Retail and consumer goods market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 42 Healthcare market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 43 Education market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 44 Manufacturing market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 45 Travel & hospitality market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 46 Others market estimates & forecasts, 2017 - 2030 (USD Billion)
- Fig. 47 SaaS market revenue, by region, 2022 & 2030, (USD Billion)
- Fig. 48 Regional marketplace: Key takeaways
- Fig. 49 Regional marketplace: Key takeaways
- Fig. 50 North America SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 51 U.S. SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 52 Canada SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 53 Mexico SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 54 Europe SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 55 U.K. SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 56 Germany SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 57 France SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 58 Asia Pacific SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 59 China SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 60 Japan SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 61 India SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 62 Singapore SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 63 South Korea SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 64 Malaysia SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 65 Australia SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 66 South America SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 67 Brazil SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 68 Middle East & Africa SaaS market estimates & forecast, 2017 - 2030 (Revenue USD Billion)
- Fig. 69 Key Company Categorization
- Fig. 70 CRM Market Positioning
- Fig. 71 ERP Market Positioning
- Fig. 72 Human Capital Management Market Positioning
- Fig. 73 Content, Collaboration & Communication Market Positioning
- Fig. 74 BI & Analytics Market Positioning
- Fig. 75 Company Market Share Analysis, 2022
- Fig. 76 Strategic framework
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