Need help finding what you are looking for?
Contact Us
PUBLISHER: KBV Research | PRODUCT CODE: 1642298
PUBLISHER: KBV Research | PRODUCT CODE: 1642298
North America Software as a Service Market Size, Share & Trends Analysis Report By Component, By Deployment (Private Cloud, Public Cloud, and Hybrid Cloud), By Application, By Enterprise Size, By Industry, By Country and Growth Forecast, 2024 - 2031
PUBLISHED:
PAGES: 159 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
The North America Software as a Service Market would witness market growth of 14.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Software as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $213,462.3 million by 2031. The Canada market is experiencing a CAGR of 16.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.9% during (2024 - 2031).
Software as a service (SaaS) is one of the fastest-growing segments of the global software industry, revolutionizing how businesses access, use, and manage software. SaaS has shifted traditional software deployment from a model where applications were installed on individual machines and maintained by internal IT departments to a subscription-based, cloud-driven platform where users can access applications over the internet. With its numerous benefits, such as reduced costs, scalability, flexibility, and maintenance, SaaS has seen rapid adoption across various sectors, making it a cornerstone of digital transformation initiatives.
SaaS applications cover many business functions, making them indispensable for companies looking to streamline operations, enhance collaboration, and improve customer engagement. CRM software is one of the most common and significant SaaS applications. Leading platforms like Salesforce, HubSpot, and Zoho have revolutionized how companies manage and engage with customers. These platforms enable businesses to track real-time sales leads, customer interactions, and service requests, fostering better communication and driving sales growth.
In Canada, the government's investment of $198.6 billion over ten years to improve healthcare services is expected to drive significant demand for SaaS solutions within the healthcare sector. As the country works toward enhancing healthcare accessibility, infrastructure, and quality, SaaS-based platforms will need to support electronic health records (EHR), telemedicine, patient management systems, and data analytics. These solutions can help optimize healthcare delivery, streamline administrative tasks, and improve patient outcomes through data-driven insights. SaaS applications can also facilitate collaboration across healthcare providers, ensuring the effective delivery of services in line with the government's ambitious healthcare goals. Therefore, together, the growth of retail and healthcare sectors in both Mexico and Canada is likely to accelerate the adoption of SaaS platforms
Based on Component, the market is segmented into Software and Services. Based on Deployment, the market is segmented into Private Cloud, Public Cloud, and Hybrid Cloud. Based on Application, the market is segmented into Customer Relationship Management (CRM), Enterprise Resource planning (ERP), Content, Collaboration & Communication, Human Capital Management, BI & Analytics, and Other Application. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into Banking, Financial Services and Insurance (BFSI), Retail & Consumer goods, Healthcare, Manufacturing, Education, Travel & Hospitality, and Other Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Hewlett Packard Enterprise Company
- Microsoft Corporation
- Oracle Corporation
- IBM Corporation
- SAP SE
- Google LLC
- Epicor Software Corporation
- ServiceNow, Inc.
- Salesforce, Inc.
- VMware, Inc. (Broadcom Inc.)
North America Software as a Service Market Report Segmentation
By Component
- Software
- Services
By Deployment
- Private Cloud
- Public Cloud
- Hybrid Cloud
By Application
- Customer Relationship Management (CRM)
- Enterprise Resource planning (ERP)
- Content, Collaboration & Communication
- Human Capital Management
- BI & Analytics
- Other Application
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Industry
- Banking, Financial Services and Insurance (BFSI)
- Retail & Consumer goods
- Healthcare
- Manufacturing
- Education
- Travel & Hospitality
- Other Industry
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Software as a Service Market, by Component
- 1.4.2 North America Software as a Service Market, by Deployment
- 1.4.3 North America Software as a Service Market, by Application
- 1.4.4 North America Software as a Service Market, by Enterprise Size
- 1.4.5 North America Software as a Service Market, by Industry
- 1.4.6 North America Software as a Service Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun - 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Software as a Service Market by Component
- 5.1 North America Software Market by Country
- 5.2 North America Services Market by Country
Chapter 6. North America Software as a Service Market by Deployment
- 6.1 North America Private Cloud Market by Region
- 6.2 North America Public Cloud Market by Region
- 6.3 North America Hybrid Cloud Market by Region
Chapter 7. North America Software as a Service Market by Application
- 7.1 North America Customer Relationship Management (CRM) Market by Country
- 7.2 North America Enterprise Resource planning (ERP) Market by Country
- 7.3 North America Content, Collaboration & Communication Market by Country
- 7.4 North America Human Capital Management Market by Country
- 7.5 North America BI & Analytics Market by Country
- 7.6 North America Other Application Market by Country
Chapter 8. North America Software as a Service Market by Enterprise Size
- 8.1 North America Large Enterprises Market by Country
- 8.2 North America Small & Medium Enterprises Market by Country
Chapter 9. North America Software as a Service Market by Industry
- 9.1 North America Banking, Financial Services and Insurance (BFSI) Market by Country
- 9.2 North America Retail & Consumer goods Market by Country
- 9.3 North America Healthcare Market by Country
- 9.4 North America Manufacturing Market by Country
- 9.5 North America Education Market by Country
- 9.6 North America Travel & Hospitality Market by Country
- 9.7 North America Other Industry Market by Country
Chapter 10. North America Software as a Service Market by Country
- 10.1 US Software as a Service Market
- 10.1.1 US Software as a Service Market by Component
- 10.1.2 US Software as a Service Market by Deployment
- 10.1.3 US Software as a Service Market by Application
- 10.1.4 US Software as a Service Market by Enterprise Size
- 10.1.5 US Software as a Service Market by Industry
- 10.2 Canada Software as a Service Market
- 10.2.1 Canada Software as a Service Market by Component
- 10.2.2 Canada Software as a Service Market by Deployment
- 10.2.3 Canada Software as a Service Market by Application
- 10.2.4 Canada Software as a Service Market by Enterprise Size
- 10.2.5 Canada Software as a Service Market by Industry
- 10.3 Mexico Software as a Service Market
- 10.3.1 Mexico Software as a Service Market by Component
- 10.3.2 Mexico Software as a Service Market by Deployment
- 10.3.3 Mexico Software as a Service Market by Application
- 10.3.4 Mexico Software as a Service Market by Enterprise Size
- 10.3.5 Mexico Software as a Service Market by Industry
- 10.4 Rest of North America Software as a Service Market
- 10.4.1 Rest of North America Software as a Service Market by Component
- 10.4.2 Rest of North America Software as a Service Market by Deployment
- 10.4.3 Rest of North America Software as a Service Market by Application
- 10.4.4 Rest of North America Software as a Service Market by Enterprise Size
- 10.4.5 Rest of North America Software as a Service Market by Industry
Chapter 11. Company Profiles
- 11.1 Hewlett Packard Enterprise Company
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Microsoft Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Acquisition and Mergers:
- 11.2.6 SWOT Analysis
- 11.3 Oracle Corporation
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 Recent strategies and developments:
- 11.3.5.1 Partnerships, Collaborations, and Agreements:
- 11.3.5.2 Acquisition and Mergers:
- 11.3.6 SWOT Analysis
- 11.4 IBM Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional & Segmental Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 SAP SE
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Partnerships, Collaborations, and Agreements:
- 11.5.6 SWOT Analysis
- 11.6 Google LLC (Alphabet Inc.)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 Recent strategies and developments:
- 11.6.5.1 Partnerships, Collaborations, and Agreements:
- 11.6.5.2 Acquisition and Mergers:
- 11.6.6 SWOT Analysis
- 11.7 Epicor Software Corporation
- 11.7.1 Company Overview
- 11.7.2 Recent strategies and developments:
- 11.7.2.1 Partnerships, Collaborations, and Agreements:
- 11.8 ServiceNow, Inc.
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.9 Salesforce, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Acquisition and Mergers:
- 11.9.6 SWOT Analysis
- 11.10. VMware, Inc. (Broadcom Inc.)
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Global Software as a Service Market, 2020 - 2023, USD Million
- TABLE 2 Global Software as a Service Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Software as a Service Market
- TABLE 4 Product Launches And Product Expansions- Software as a Service Market
- TABLE 5 Acquisition and Mergers- Software as a Service Market
- TABLE 6 North America Software as a Service Market by Component, 2020 - 2023, USD Million
- TABLE 7 North America Software as a Service Market by Component, 2024 - 2031, USD Million
- TABLE 8 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 9 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 10 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 11 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 12 North America Software as a Service Market by Deployment, 2020 - 2023, USD Million
- TABLE 13 North America Software as a Service Market by Deployment, 2024 - 2031, USD Million
- TABLE 14 North America Private Cloud Market by Region, 2020 - 2023, USD Million
- TABLE 15 North America Private Cloud Market by Region, 2024 - 2031, USD Million
- TABLE 16 North America Public Cloud Market by Region, 2020 - 2023, USD Million
- TABLE 17 North America Public Cloud Market by Region, 2024 - 2031, USD Million
- TABLE 18 North America Hybrid Cloud Market by Region, 2020 - 2023, USD Million
- TABLE 19 North America Hybrid Cloud Market by Region, 2024 - 2031, USD Million
- TABLE 20 North America Software as a Service Market by Application, 2020 - 2023, USD Million
- TABLE 21 North America Software as a Service Market by Application, 2024 - 2031, USD Million
- TABLE 22 North America Customer Relationship Management (CRM) Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Customer Relationship Management (CRM) Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America Enterprise Resource planning (ERP) Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Enterprise Resource planning (ERP) Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Content, Collaboration & Communication Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Content, Collaboration & Communication Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Human Capital Management Market by Country, 2020 - 2023, USD Million
- TABLE 29 North America Human Capital Management Market by Country, 2024 - 2031, USD Million
- TABLE 30 North America BI & Analytics Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America BI & Analytics Market by Country, 2024 - 2031, USD Million
- TABLE 32 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 33 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 34 North America Software as a Service Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 35 North America Software as a Service Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 36 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 37 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 38 North America Small & Medium Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 39 North America Small & Medium Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 40 North America Software as a Service Market by Industry, 2020 - 2023, USD Million
- TABLE 41 North America Software as a Service Market by Industry, 2024 - 2031, USD Million
- TABLE 42 North America Banking, Financial Services and Insurance (BFSI) Market by Country, 2020 - 2023, USD Million
- TABLE 43 North America Banking, Financial Services and Insurance (BFSI) Market by Country, 2024 - 2031, USD Million
- TABLE 44 North America Retail & Consumer goods Market by Country, 2020 - 2023, USD Million
- TABLE 45 North America Retail & Consumer goods Market by Country, 2024 - 2031, USD Million
- TABLE 46 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 47 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 48 North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 49 North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 50 North America Education Market by Country, 2020 - 2023, USD Million
- TABLE 51 North America Education Market by Country, 2024 - 2031, USD Million
- TABLE 52 North America Travel & Hospitality Market by Country, 2020 - 2023, USD Million
- TABLE 53 North America Travel & Hospitality Market by Country, 2024 - 2031, USD Million
- TABLE 54 North America Other Industry Market by Country, 2020 - 2023, USD Million
- TABLE 55 North America Other Industry Market by Country, 2024 - 2031, USD Million
- TABLE 56 North America Software as a Service Market by Country, 2020 - 2023, USD Million
- TABLE 57 North America Software as a Service Market by Country, 2024 - 2031, USD Million
- TABLE 58 US Software as a Service Market, 2020 - 2023, USD Million
- TABLE 59 US Software as a Service Market, 2024 - 2031, USD Million
- TABLE 60 US Software as a Service Market by Component, 2020 - 2023, USD Million
- TABLE 61 US Software as a Service Market by Component, 2024 - 2031, USD Million
- TABLE 62 US Software as a Service Market by Deployment, 2020 - 2023, USD Million
- TABLE 63 US Software as a Service Market by Deployment, 2024 - 2031, USD Million
- TABLE 64 US Software as a Service Market by Application, 2020 - 2023, USD Million
- TABLE 65 US Software as a Service Market by Application, 2024 - 2031, USD Million
- TABLE 66 US Software as a Service Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 67 US Software as a Service Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 68 US Software as a Service Market by Industry, 2020 - 2023, USD Million
- TABLE 69 US Software as a Service Market by Industry, 2024 - 2031, USD Million
- TABLE 70 Canada Software as a Service Market, 2020 - 2023, USD Million
- TABLE 71 Canada Software as a Service Market, 2024 - 2031, USD Million
- TABLE 72 Canada Software as a Service Market by Component, 2020 - 2023, USD Million
- TABLE 73 Canada Software as a Service Market by Component, 2024 - 2031, USD Million
- TABLE 74 Canada Software as a Service Market by Deployment, 2020 - 2023, USD Million
- TABLE 75 Canada Software as a Service Market by Deployment, 2024 - 2031, USD Million
- TABLE 76 Canada Software as a Service Market by Application, 2020 - 2023, USD Million
- TABLE 77 Canada Software as a Service Market by Application, 2024 - 2031, USD Million
- TABLE 78 Canada Software as a Service Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 79 Canada Software as a Service Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 80 Canada Software as a Service Market by Industry, 2020 - 2023, USD Million
- TABLE 81 Canada Software as a Service Market by Industry, 2024 - 2031, USD Million
- TABLE 82 Mexico Software as a Service Market, 2020 - 2023, USD Million
- TABLE 83 Mexico Software as a Service Market, 2024 - 2031, USD Million
- TABLE 84 Mexico Software as a Service Market by Component, 2020 - 2023, USD Million
- TABLE 85 Mexico Software as a Service Market by Component, 2024 - 2031, USD Million
- TABLE 86 Mexico Software as a Service Market by Deployment, 2020 - 2023, USD Million
- TABLE 87 Mexico Software as a Service Market by Deployment, 2024 - 2031, USD Million
- TABLE 88 Mexico Software as a Service Market by Application, 2020 - 2023, USD Million
- TABLE 89 Mexico Software as a Service Market by Application, 2024 - 2031, USD Million
- TABLE 90 Mexico Software as a Service Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 91 Mexico Software as a Service Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 92 Mexico Software as a Service Market by Industry, 2020 - 2023, USD Million
- TABLE 93 Mexico Software as a Service Market by Industry, 2024 - 2031, USD Million
- TABLE 94 Rest of North America Software as a Service Market, 2020 - 2023, USD Million
- TABLE 95 Rest of North America Software as a Service Market, 2024 - 2031, USD Million
- TABLE 96 Rest of North America Software as a Service Market by Component, 2020 - 2023, USD Million
- TABLE 97 Rest of North America Software as a Service Market by Component, 2024 - 2031, USD Million
- TABLE 98 Rest of North America Software as a Service Market by Deployment, 2020 - 2023, USD Million
- TABLE 99 Rest of North America Software as a Service Market by Deployment, 2024 - 2031, USD Million
- TABLE 100 Rest of North America Software as a Service Market by Application, 2020 - 2023, USD Million
- TABLE 101 Rest of North America Software as a Service Market by Application, 2024 - 2031, USD Million
- TABLE 102 Rest of North America Software as a Service Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 103 Rest of North America Software as a Service Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 104 Rest of North America Software as a Service Market by Industry, 2020 - 2023, USD Million
- TABLE 105 Rest of North America Software as a Service Market by Industry, 2024 - 2031, USD Million
- TABLE 106 Key Information - Hewlett Packard Enterprise Company
- TABLE 107 Key Information - Microsoft Corporation
- TABLE 108 Key Information - Oracle Corporation
- TABLE 109 Key Information - IBM Corporation
- TABLE 110 Key Information - SAP SE
- TABLE 111 Key Information - Google LLC
- TABLE 112 Key Information - Epicor Software Corporation
- TABLE 113 Key Information - ServiceNow, Inc.
- TABLE 114 Key Information - Salesforce, Inc.
- TABLE 115 Key Information - VMware, Inc.
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.