The Insight Partners added new research report “Software as a Service (SaaS) Market to 2025 - Global Analysis and Forecasts by Cloud Deployment Model, Applications and End-user” to its database.
Paying for a software as per the usage on a subscription basis rather than fully owning can be defined as Software as a service (SaaS). SaaS applications are accessed using a web browser from a remote location and eliminates the hassles of installing, upgrading and maintaining the software for the owner. As a business delivery model for many corporate applications SaaS provides a huge variety of software to industries from various verticals and the software include database management software, messaging software, enterprise resource planning (ERP), gaming applications, service desk management, payroll software, computer designing software, customer relationship management (CRM), content management (CM), development software, virtualization software, collaboration, invoicing, talent acquisition accounting, management information systems (MIS), human resource management (HRM) and antivirus software. SaaS has been integrated by major upcoming and leading software companies with major adoptions witnessed by the SME’s. The advantage offered by SaaS is the cost reductions associated with it and the eliminations of hidden costs.
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The global Software as a Service market is bifurcated based on deployment model as: private cloud, public cloud, and hybrid cloud. Furthermore, the global SaaS market can be further divided by applications into ERP, HRM, CRM, supply chain management (SCM) and others (Web conferencing platforms, messaging applications and collaboration). Additionally, while considering on the basis of end-user SaaS can be further classified into small & medium enterprises (SMEs), and large enterprises. The end-user classification has been done on the basis of revenues.
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Global Software as a Service (SaaS) Market Size, Share, Growth, Trends and Forecast 2025
1. Software as a Service (SaaS) Market to 2025 - Global
Analysis and Forecasts by Cloud Deployment Model,
Applications and End-user
No of Pages: 210
Publishing Date: Jun 2016
Single User PDF: US$ 3900
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2. Software as a Service (SaaS) Market to 2025
Introduction
A set of many software that are developed and hosted by a third party member for various industrial
implementations today is Software as a Service or more commonly called as SaaS. The SaaS model has replaced the
traditional Application Service Provider (ASP) model in which many of the hidden costs of having on-premise
software gets eliminated. The user always uses the latest version of the software. The installation, maintenance and
up gradation of software is all managed by the third party vendor itself that results in saving huge amounts of
capital expenditures for an organization deploying SaaS. The organization here does not own the software and
instead uses it on-demand on a pay-per-usage basis from the vendor. The global SaaS market is expected to grow at
a CAGR of 28.3% during the forecast period 2016 – 2025 and accounts for US$ 418.92 Bn in the year 2025.
The global software as a service segments the market on the basis of deployment model, applications, end-users
and regions. The deployment model segment is divided into public model, private model and the hybrid model. The
applications segment is further subdivided into broad categories namely CRM, HRM, ERP, SCM and Others. SME’s,
Large Enterprises and Government constitute the end-users for the global SaaS market. Among the applications,
CRM and HRM are estimated to have the largest market shares for the SaaS market. The HRM market is expected to
grow at a CAGR of 28.3% and have the largest market share at the end of the forecast period.
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market
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3. Software as a Service (SaaS) Market to 2025
The geographic segments that constitute this report are North America, Europe, APAC, Middle East Africa and South
America. Analysis concludes that North America leads adoption of SaaS model. APAC region observes highest
growth due to the adoption by SME’s particularly in countries like India and China. Developing countries on the
rising curve and increased standard of living of people are the key reasons found for the adoption of higher rates in
the APAC region.
The SaaS model has proved a boon particularly for the SME’s all over the world as they can save a lot on initial
capital costs and instead focus on their core product to reach the break-even point early. Lower Total Cost of
Ownership, easy scalability, less time to market of the product are the factors that are driving the adoptions of the
SaaS market globally. Also, the advent of Big Data & IoT, SaaS has found many applications in the two upcoming
technologies and consequently has an impact on the growth of the SaaS market.
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4. Software as a Service (SaaS) Market to 2025
The report profiles key players such as ADP LLC, Amazon.com, Google, Inc., IBM Corporation, Microsoft Corporation,
Oracle Corporation, Inc., SAP SE, Symantec Corporation, Fujitsu Limited and Workday, Inc.
The report provides deep insights on the growth rates, market shares, market drivers and restraints and the
opportunities for market players in the future. Few key market players have also been profiled in the report. The
profiling of the market players provides their financial information about revenues as well as segment revenues, a
competitive SWOT analysis for each player and the recent developments by the player in the SaaS domain. The key
developments are related to the mergers and acquisitions by the players in the recent past.
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5. Software as a Service (SaaS) Market to 2025
Table of Content – An Overview
Software as a Service (SaaS) Market Landscape
SaaS Market – Key Industry Dynamics
SaaS Market – Five Forces Analysis
Software as a Service (SaaS) Market Analysis
Software as a Service (SaaS) Market Revenue and Forecasts to 2025 –Deployment Model
SaaS Market Revenue and Forecasts to 2025 – Applications
SaaS Market Revenue and Forecasts to 2025 – End-user Verticals
Software as a Service (SaaS) Market Revenue and Forecasts to 2025 – Geographical Analysis
SaaS Market, Key Company Profiles
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6. About Us
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