The Global Software as a Service (SaaS) Market is expected to grow by $ 99.99 billion during 2021-2025, progressing at a CAGR of over 11% during the forecast period

·3-min read

Global Software As A Service (SaaS) Market 2021-2025 The analyst has been monitoring the software as a service (SaaS) market and it is poised to grow by $ 99. 99 billion during 2021-2025, progressing at a CAGR of over 11% during the forecast period.

New York, May 21, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Software as a Service (SaaS) Market 2021-2025" - https://www.reportlinker.com/p06075031/?utm_source=GNW
Our report on the software as a service (SaaS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the augmenting use of mobile apps and the rising need for API connections. In addition, the augmenting use of mobile apps is anticipated to boost the growth of the market as well.
The software as a service (SaaS) market analysis includes the deployment segment and geographic landscape.

The software as a service (SaaS) market is segmented as below:
By Deployment
• Public cloud
• Private cloud
• Hybrid cloud

By Geography
• North America
• Europe
• APAC
• South America
• MEA

This study identifies the rise in adoption of cloud among SMEs as one of the prime reasons driving the software as a service (SaaS) market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on software as a service (saas) market covers the following areas:
• Software as a service (SaaS) market sizing
• Software as a service (SaaS) market forecast
• Software as a service (SaaS) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software as a service (SaaS) market vendors that include Accenture Plc, Adobe Inc., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. Also, the software as a service (SaaS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p06075031/?utm_source=GNW

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