Global Software as a Service Market, By Deployment Type, Organization Size, Application, End User, Region, Forecast and Opportunity, 2026


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New York, October 22, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Software As a Service Market, By Deployment Type, By Organization Size, By Application, By End-User, By Region, Forecast and Opportunities , 2026 “- https://www.reportlinker.com/p06177411/?utm_source=GNW

Global Software as a Service (SaaS) market, by type of deployment (public cloud, hybrid cloud, private cloud), by organization size (SMEs, large enterprises), by application (customer relationship management, customer relationship management, Human Resources, Financial Management, Sales Management, Enterprise Resource Planning, Supply Chain Management), By End User (Manufacturing, Healthcare, IT & Telecommunications, Retail, Education, Government, BFSI, Petroleum and gas), By region, Forecast and opportunities, 2026

The global Software as a Service (SaaS) market is expected to grow at double digit CAGR during the forecast period. Software as a Service (SaaS) includes a model in which software and other related data is centrally hosted and customers can access it with the help of a web browser.

This model allows the user to access various features of software using a subscription model and without worrying about product licensing. The emergence of messaging, email and video calling apps has made end users dependent on smartphones, so people are looking for remote access at reasonable costs, thus driving the software as a service (SaaS) market. ) worldwide.

In addition, the increasing use of mobile apps for food delivery, payments, and healthcare services is expected to increase the demand for SaaS-based mobile apps. The growing trend of business outsourcing and globalization encourages companies to expand to capture growing customer demand. .

Growing data security concerns and complex regulatory compliance could hamper market growth.

The global Software as a Service (SaaS) market is segmented on the basis of type of deployment, organization size, application, end user, and region. Based on the type of deployment, the public cloud segment dominated the market in 2020.

The main reason for their dominance is their cost effectiveness, as well as the fact that they are easy and quick to integrate, eliminate maintenance costs and improve safety. Depending on the size of the organization, the SMB segment is expected to account for the largest share through 2026. as it provides maximum benefit to SMBs by reducing hardware and software costs and eliminating license and maintenance fees. .

Based on the application, the human resource management segment is expected to be the dominant share until 2026, as the SaaS based human resources application provides systematic management of all human resource based activities such as as employee attendance management, notices and announcements, employee tracking and recruiting.

Regionally, North America has dominated the global Software as a Service (SaaS) market and the trend is expected to continue through 2026. The growing demand for cloud computing related activities and the growing adoption of the SaaS by various government organizations are responsible for the growth of software as a service market (SaaS) in North America.

Major players operating in the global Software as a Service (SaaS) market include IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, Salesforce.com Inc., Cisco Systems, Inc., Amazon Web Services Inc., Alphabet Inc ., Hewlett Packard Enterprise Development LP, VMWare Inc. Companies operating in the market use both inorganic and organic strategies to increase their market share.

Years considered for this report:

Historical years: 2016-2019
Baseline year: 2020
Estimated year: 2021
Forecast period: 2022-2026

Goal of the study:

• To analyze and estimate the market size of the global Software as a Service (SaaS) market from 2016 to 2020.
• To estimate and forecast the market size of the global Software as a Service (SaaS) market from 2021 to 2026 and the growth rate to 2026.
• Rank and forecast the global Software as a Service (SaaS) market on the basis of type of deployment, organization size, application, end user, company and distribution regional.
• Identify the dominant region or segment of the global Software as a Service (SaaS) market.
• Identify the drivers and challenges of the global Software as a Service (SaaS) market.
• To examine competitive developments such as extensions, new product launches, mergers & acquisitions, etc., in the global Software as a Service (SaaS) Market.
• Identify and analyze the profile of the major players operating in the global Software as a Service (SaaS) market.
• Identify key sustainable strategies adopted by market players in the global Software as a Service (SaaS) market.
The analyst performed both primary and secondary research exhaustive for this study. Initially, the analyst found a list of service providers around the world.

Subsequently, the analyst conducted primary research surveys of the identified companies. During the interviews, respondents were also asked about their competitors.

Using this technique, the analyst could include service providers that could not be identified due to the limitations of secondary research. The analyst looked at service providers, distribution channels and the presence of all major players across the globe.
The analyst calculated the size of the global Software as a Service (SaaS) market using a bottom-up approach, in which data from various end-user segments has been recorded and forecast for years to come. The analyst obtained these values ​​from industry experts and company representatives and validated them externally by analyzing historical data for these types of products and applications to arrive at an appropriate overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key target audience:

• Software as service providers, suppliers and other stakeholders
• Government bodies such as regulatory authorities and policy makers
• Software as a service (SaaS) organizations, forums and alliances
• Market research and consulting firms
The study is useful for providing answers to several critical questions that are important to industry stakeholders such as service providers, vendors, end users, etc., in addition to enabling them to develop investment strategies and capitalize on market opportunities.

Scope of the report:

In this report, the global Software as a Service (SaaS) Market has been segmented into following categories in addition to industry trends which have also been detailed below:
• Global Software as a Service (SaaS) market, by type of deployment:
o Public cloud
o Private cloud
o Hybrid cloud
• Global Software as a Service (SaaS) Market, by Organization Size:
SME
o Large companies
• Global Software as a Service (SaaS) Market, By Application:
o Customer Relationship Management
o Human resources management
o Financial management
o Sales management
o Enterprise resource planning
o Supply chain management
• Global Software as a Service (SaaS) market, by end user:
o Manufacturing
o Health
o IT & Telecom
o Retail
Education
o Government
o BFSI
o Oil and gas
• Global Software as a Service (SaaS) Market, by Region:
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
o Asia-Pacific
China
Japan
India
South Korea
Singapore
o Middle East and Africa
South Africa
Saudi Arabia
United Arab Emirates
o South America
Brazil
Argentina
Colombia

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Software as a Service (SaaS) market.

Available customizations:

With the market data provided, we offer customizations based on the specific needs of a business. The following customization options are available for the report:

Company Info

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06177411/?utm_source=GNW

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