saas industry analysis

Between January of 2020 and September of 2021, Salesforce grew from a market cap of $161 billion to $251 billion. On average, SaaS companies spend 92% of their first years revenue on customer acquisition. The size of the Enterprise SaaS market has been estimated through exploration into the major geographic areas. Accessed on December 13, 2021, BCC Research. In comparison, 44% offered a free online trial, 41% offered a free 30-day trial, and 18% offered a free two-week trial. While the number of public pure play public SaaS companies is limited compared to other sectors, it is important to note that traditional software companies that are public also offer SaaS solutions and increasingly so. The research report segments the market based on its types Customer Relationship Management (CRM),Web Collaboration,ERP (Enterprise Resource Planning),Supply Chain Management (SCM),On-Demand HR Solution,Product Life-cycle Management (PLM),Document Management (DM) which can further be segmented on the basis of its applications Financial,Retail,E-Commerce,Other. It is not uncommon for venture capital firms to have in their portfolio two successful investment for every eight failures. Centralized analytics. The pandemic has forced numerous businesses to either shut their operations or introduce forced changes to stand still. The worldwide Enterprise SaaS market is distributed on Component, Deployment, Application, and Region. Note the total cost of ownership of traditional software can be more than twice as much as SaaS, driven by the need for the company to purchase, install and maintain their own hardware as well as hire their own technology staff to implement, customize and maintain the software. The SaaS industry in the United States is expected to reach a market value of $225 billion by 2025. Is there a problem with this press release? Quadintel recently added a research report on the Europe Software-as-a-Service (SaaS) Market.The report includes an extensive analysis of the market's characteristics, COVID-19 impact, size and growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. What is a Good SaaS Churn Rate & Average Churn Rates by Industry. The main characteristic of the SaaS revenue model is that the software is managed by the provider in the cloud and its customers are granted access during the term of their contract. She received her BA in psychology from Hunter College. Eating 400 calories a day from these foods could raise your dementia risk by over 20%, How we got to the highest inflation in 40 years, Snap and other tech companies have a new edict for employees: Return to the office. All of the segments are studied in detail on the basis of market size, CAGR, market share, consumption, revenue and other vital factors. SaaS Companies 25 Largest By Market Capitalization. The cost of starting a SaaS company continues to decline while the speed of product development and pace of continuous product improvement has increased markedly. Heres how to recognize the signs. Quadintel recently added a research report on the Asia-Pacific Software-as-a-Service (SaaS) Market. The Compound Annual Growth Rate (CAGR) of the SaaaS market for business applications is 16.4% between 2017 and 2022. https://www.360researchreports.com/enquiry/request-sample/20262761, https://www.360researchreports.com/enquiry/pre-order-enquiry/20262761, https://www.360researchreports.com/purchase/20262761, Software as a Service (SaaS) Market : Share, Industry Size, Opportunities, Analysis and Forecast to 2028 with Top Countries Data. SaaS Business Model: Learn How It Works and How to Measure If It Does. SaaS companies from the United States hold approximately 14 billion customers around the world. In most cases, the up-front cost of a license represents a significant budget decision by a prospective customer and entails executive or key person involvement. SaaS contracts can also include an up-front implementation fee depending on the customers desire for customization and business specific needs. A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Private Cloud Enterprise SaaS is delivered through a private cloud provider like Microsoft Azure. Venture capital firms such as Bessemer Venture Partners and Andreessen Horowitz invest in early stage SaaS companies that have high growth rates and the potential to be break out successes. Market Growth Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. Accessed on December 13, 2021, Forbes. Salesforce is perhaps the most notable pioneer of the SaaS model. 98% of SaaS businesses experience positive results from dynamic pricing. Web : https://www.marketgrowthreports.com, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Software as a Service (SaaS) Market [ New Report ] Global Industry Analysis with Growth for New Players & Forecast 2023-2027, COMTEX_419635932/2598/2022-11-24T13:02:57. Eating 400 calories a day from these foods could raise your dementia risk by over 20%, How we got to the highest inflation in 40 years, Snap and other tech companies have a new edict for employees: Return to the office. Jun 22, 2022 - 06:10. The customer is responsible for its own hardware/servers and employing its own staff to ensure the software is operating appropriately at all times. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The global Software as a Service (SaaS) market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a magnificent CAGR during 2023 and 2028. Additionally, it highlights the strategic planning needed by enterprises to handle COVID-19's consequences. 2018 global CIO survey, preface and chapter 1. Each segment is carefully analyzed for exploring its market potential. In fact, the SaaS market in Latin America is growing at a pace that outstrips even the U.S. The SaaS market is valued at $186.6 billion in 2022 making it enormous, fiscally speaking. (Microsoft just passed a huge cloud milestone), Below are the largest five publicly traded pure play SaaS companies (Appreciation percentages calculated as of August 31, 2017). The report covers the major players operating in theSoftware as a Service (SaaS) market. Aspects that need to be analysed include price, features, customer support, technical or tool usage, marketing strategies, and overall business model. Accessed on December 13, 2021, Profitwell. We are cautiously optimistic about the future of the SaaS industry. This research provides an in-depth analysis and trustworthy statistics. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. With tables and figures helping analyse worldwide Global Software as a Service (SaaS) market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The SaaS industrycurrently has an annual growth rate of 18%. All Rights Reserved. The United States has the largest SaaS sector in the world, with a market value of $108.4 billion. A long-standing concern for businesses across every imaginable industry, cybercrime is growing in complexity and ingenuity, and presents the threat of bringing business to a standstill. Global Software as a Service (SaaS) Market Leading End-Use Segment: Customer Relationship Management (CRM) Enterprise Resource Planning (ERP) Human Resource Management (HRM) Supply Chain Management (SCM) Other. Visit a quote page and your recently viewed tickers will be displayed here. Employees also use approximately 8.3 SaaS apps each, meaning that costs can quickly add up. The global healthcare software as a service market size is expected to reach USD 51.7 billion by 2028, according to a new report by Grand View Research, Inc.The market is projected to register a CAGR of 19.5% from 2021 to 2028.The growing adoption of cloud computing in the healthcare industry is driving the growth. Stats to know in 2021. Accessed on December 13, 2021, Insivia. The recent analysis by Quadintel on the global Asia-Pacific Software-as-a-Service (SaaS) Market Report 2022 revolves around various aspects of the market, including characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, strategies, etc.It also includes COVID-19 Outbreak Impact, accompanied by traces of the historic events. The global SaaS market continues to enjoy robust growth, with the sector seen to reach a total value of $623.3 billion by the year 2023, showing by far the most notable Saas growth statistics. The Software Report. This translates to roughly spending 11 months of businesses first year on their customer acquisition costs. https://www.reportmines.com/enquiry/request-sample/1507121, https://www.reportmines.com/enquiry/pre-order-enquiry/1507121, https://www.reportmines.com/toc/1507121#tableofcontents, https://www.reportmines.com/purchase/1507121, https://www.reportmines.com/enquiry/request-covid19/1507121, Enterprise SaaS Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2028. The SaaS companies from the United States hold approximately 14 billion customers globally that use an average of 110 SaaS applications each. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The SaaS market is anticipated to grow at a compound annual growth rate (CAGR) of 15.59% during the forecast period 2018-2023. In turn, this increase in productivity has also been proven to lower costs, making SaaS especially appealing. Final Report will add the analysis of the impact of COVID-19 on this industry. Regional market sizes, concerning products by types, by application, and by players, are also provided. Contact the source provider Comtex at editorial@comtex.com. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. The 50 Biggest Public SaaS Companies in the U.S.. In comparison, the runner-ups for the most SaaS organizations in the world are the United Kingdom with 2,000 companies, Canada with 1,000 companies, and Germany with 1,000 companies. Furthermore, the market's growth will accelerate at a CAGR of 11.35%. Artificial intelligence is poised to drive the next big shift in the technology world, and many companies are working together to advance their positions in the budding segment. You can also contact MarketWatch Customer Service via our Customer Center. Other popular uses include customer relationship management (CRM), business intelligence (BI), security tools, test management tools, and online training platforms.There are three main types of Enterprise SaaS: hosted, private cloud, and hybrid. According to one study, 56% of SaaS companies do not offer a free trial. Software as a Service (SaaS) based human resource management (HRM) Market Global Industry Analysis and Forecast 2029 Software as a Service (SaaS) based human resource management (HRM) Market is expected to reach US $ 699.82 Bn by 2029, at a CAGR of 12.5% during the forecast period. One 2016 study found that Enterprise SaaS companies have an average contract value that is greater than $100,000. Accessed on December 13, 2021, Eleken. Sections in Enterprise SaaS Market Report: Highlights of The Enterprise SaaS Market Report. Accessed on December 13, 2021, McKinsey Digital. In terms of market share, the companies in the global Software as a Service (SaaS) market do not have a considerable amount of market share, as the market is highly competitive and fragmented. status in a smooth-tongued pattern. Revenue size and growth rate in combination with customer retention and margins are perhaps the most indicative of future potential. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2023 to 2027, the reader can identify the footprints of manufacturers in the Software as a Service (SaaS) industry. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. Gaslighters have two signature moves: Are you being gaslighted at work? The report will help the Software as a Service (SaaS) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. The Enterprise SaaS market profile offers details on the fiscal status and effectiveness rates, as well as trends in profit, profitability, growth, perimeters, and returns. Examples include: Meanwhile, private capital firms (venture capital, growth equity, and private equity) play a critical role in the development of the SaaS Industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The largest SaaS company on the United States stock exchange is Adobe Inc., with a market cap of $294.7 billion as of December 8, 2021. The halt in production and end use sector operations have affected the Software as a Service (SaaS) market. Software As A Service (SaaS) Market 2022 - 2026: Industry Analysis, Strategic Assessment, Outlook And Business openPR . The report analyses the SAAS Market by Value (USD Billion) The report presents the analysis of SAAS Market for the historical period of 2017-2021 and the forecast period of 2022-2027. The average churn rate at SaaS companies is approximately 5%. Dear Tax Guy: Our accountant charged us $486 for a simple gift-tax return. The State of SaaS in 2022: Growth Trends & Statistics. The largest SaaS company on the United States stock exchange is currently Adobe Inc. SaaS revenue is expected to reach $369.4 billion by 2024. When analyzing the revenues, growth, and adoption of SaaS solutions over the past decade, its clear to see that the industry will continue to expand in the coming years and perhaps even become the main software solution used by businesses. The Enterprise SaaS research report helps in achieving a minute understanding of the industry, market assay, and reaching the accurate following. Founder Marc Benioff famously declared the end of software as he began building his customer relationship management company (CRM) in the late 90s. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Sky Ariella is a professional freelance writer, originally from New York. The Enterprise SaaS market research report contains the following TOC: Get a sample of TOC https://www.reportmines.com/toc/1507121#tableofcontents. Therefore, its likely that the SaaS market will only grow larger. Why Every SaaS Startup Should Conduct a Competitive Analysis. Alternatively, there are about 770 major SaaS companies involved in the healthcare software space as of 2020. Stats to know in 2021. The market research report takes vital facts like shareholding figures, profit mix, factory locale, and monetary summary of the critical companies. assaying the eventuality of suppliers and guests as well as the competitive terrain aids in the development of a strategy. In 2015, companies only used an average of 8 SaaS solutions. Each investment in the portfolio of a private equity firm is anticipated to make a return which yields an IRR of 20 to 30%. This research report offers a deep analysis of the market type, size, end-use industry, and region are the parts used to classify the Enterprise SaaS market. Dear Tax Guy: Our accountant charged us $486 for a simple gift-tax return. How 1,800 SaaS companies are pricing their product. The global software as a service (SaaS) market size was USD 113.82 billion in 2020. Accessed on December 13, 2021, Exploding Topics. The software as a service (SaaS) market is projected to reach US$164.3 by the end of 2022, advancing at a remarkable CAGR of 27.90% during the forecast period (2015-2022). Report further studies the market development status and future Software as a Service (SaaS) Market trend across the world. In enterprise terms, this means that users can access applications and services through a web browser, without the need for installation or maintenance.The most common use cases for Enterprise SaaS are software delivery and collaboration tools, such as word processing, spreadsheet, presentation software, email, chat, team collaboration tools, and CRM. According to this published competitive intelligence analysis, the global Software-as-a-Service (SaaS) Market is expected to experience a promising annual revenue increase (USD in Mn) in. However, this number has the potential to reach up to 85% by 2025, indicating that SaaS as software will only continue to become more popular. According to MarketWatch, the SaaS market in Latin American countries will grow at a compound annual growth rate of 24.79% from 2018 to 2023, an enviable growth rate and one that mirrors the early days of Silicon Valley. What Average Contract Value is Best for a SaaS Company. Dynamic pricing refers to employing a policy of changeable pricing according to market conditions at the given time. For example, Dropbox specializes in storage and data sharing, while Shopify provides users with a platform to sell products online. This drives us to provide you with custom or syndicated research reports. Detailed TOC of Global Software as a Service (SaaS) Market Research Report 2023, 1 Software as a Service (SaaS) Market Overview 1.1 Product Overview and Scope of Software as a Service (SaaS), 1.2 Software as a Service (SaaS) Segment by Type 1.2.1 Global Software as a Service (SaaS) Sales and CAGR (%) Comparison by Type (2017-2027) 1.2.2 The Market Profile of Software as a Service (SaaS) without Handle 1.2.3 The Market Profile of Software as a Service (SaaS) with Handle, 1.3 Global Software as a Service (SaaS) Segment by Application 1.3.1 Software as a Service (SaaS) Consumption (Sales) Comparison by Application (2017-2027) 1.3.2 The Market Profile of Commercial Use 1.3.3 The Market Profile of Personal Mobility, 1.4 Global Software as a Service (SaaS) Market, Region Wise (2017-2023) 1.4.1 Global Software as a Service (SaaS) Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2023) 1.4.2 United States Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3 Europe Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.1 Germany Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.2 UK Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.3 France Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.4 Italy Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.5 Spain Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.6 Russia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.3.7 Poland Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.4 China Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.5 Japan Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.6 India Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7 Southeast Asia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.1 Malaysia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.2 Singapore Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.3 Philippines Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.4 Indonesia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.5 Thailand Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.7.6 Vietnam Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.8 Latin America Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.8.1 Brazil Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.8.2 Mexico Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.8.3 Colombia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9 Middle East and Africa Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.1 Saudi Arabia Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.2 United Arab Emirates Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.3 Turkey Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.4 Egypt Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.5 South Africa Software as a Service (SaaS) Market Status and Prospect (2017-2023) 1.4.9.6 Nigeria Software as a Service (SaaS) Market Status and Prospect (2017-2023), 1.5 Global Market Size of Software as a Service (SaaS) (2017-2027) 1.5.1 Global Software as a Service (SaaS) Revenue Status and Outlook (2017-2027) 1.5.2 Global Software as a Service (SaaS) Sales Status and Outlook (2017-2027)2 Global Software as a Service (SaaS) Market Landscape by Player 2.1 Global Software as a Service (SaaS) Sales and Share by Player (2017-2023) 2.2 Global Software as a Service (SaaS) Revenue and Market Share by Player (2017-2023) 2.3 Global Software as a Service (SaaS) Average Price by Player (2017-2023) 2.4 Global Software as a Service (SaaS) Gross Margin by Player (2017-2023) 2.5 Software as a Service (SaaS) Manufacturing Base Distribution, Sales Area and Product Type by Player 2.6 Software as a Service (SaaS) Market Competitive Situation and Trends 2.6.1 Software as a Service (SaaS) Market Concentration Rate 2.6.2 Software as a Service (SaaS) Market Share of Top 3 and Top 6 Players 2.6.3 Mergers and Acquisitions, Expansion3 Software as a Service (SaaS) Upstream and Downstream Analysis 3.1 Software as a Service (SaaS) Industrial Chain Analysis 3.2 Key Raw Materials Suppliers and Price Analysis 3.3 Key Raw Materials Supply and Demand Analysis 3.4 Manufacturing Process Analysis 3.5 Market Concentration Rate of Raw Materials 3.6 Downstream Buyers 3.7 Value Chain Status Under COVID-184 Software as a Service (SaaS) Manufacturing Cost Analysis 4.1 Manufacturing Cost Structure Analysis 4.2 Software as a Service (SaaS) Key Raw Materials Cost Analysis 4.2.1 Key Raw Materials Introduction 4.2.2 Price Trend of Key Raw Materials 4.3 Labor Cost Analysis 4.3.1 Labor Cost of Software as a Service (SaaS) Under COVID-19 4.4 Energy Costs Analysis 4.5 RandD Costs Analysis5 Market Dynamics 5.1 Drivers 5.2 Restraints and Challenges 5.3 Opportunities 5.3.1 Advances in Innovation and Technology for Software as a Service (SaaS) 5.3.2 Increased Demand in Emerging Markets 5.4 Software as a Service (SaaS) Industry Development Trends under COVID-19 Outbreak 5.4.1 Global COVID-19 Status Overview 5.4.2 Influence of COVID-19 Outbreak on Software as a Service (SaaS) Industry Development 5.5 Consumer Behavior Analysis6 Players Profiles 6.1.1 Basic Information, Manufacturing Base, Sales Area and Competitors 6.1.2 roduct Profiles, Application and Specification 6.1.3 Market Performance (2017-2023) 6.1.4 Business Overview7 Global Software as a Service (SaaS) Sales and Revenue Region Wise (2017-2023) 7.1 Global Software as a Service (SaaS) Sales and Market Share, Region Wise (2017-2023) 7.2 Global Software as a Service (SaaS) Revenue (Revenue) and Market Share, Region Wise (2017-2023) 7.3 Global Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.4 United States Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.4.1 United States Software as a Service (SaaS) Market Under COVID-19 7.5 Europe Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.5.1 Europe Software as a Service (SaaS) Market Under COVID-19 7.6 China Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.6.1 China Software as a Service (SaaS) Market Under COVID-19 7.7 Japan Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.7.1 Japan Software as a Service (SaaS) Market Under COVID-19 7.8 India Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.8.1 India Software as a Service (SaaS) Market Under COVID-19 7.9 Southeast Asia Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.9.1 Southeast Asia Software as a Service (SaaS) Market Under COVID-19 7.10 Latin America Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.10.1 Latin America Software as a Service (SaaS) Market Under COVID-19 7.11 Middle East and Africa Software as a Service (SaaS) Sales, Revenue, Price and Gross Margin (2017-2023) 7.11.1 Middle East and Africa Software as a Service (SaaS) Market Under COVID-198 Global Software as a Service (SaaS) Sales, Revenue (Revenue), Price Trend by Type 8.1 Global Software as a Service (SaaS) Sales and Market Share by Type (2017-2023) 8.2 Global Software as a Service (SaaS) Revenue and Market Share by Type (2017-2023) 8.3 Global Software as a Service (SaaS) Price by Type (2017-2023) 8.4 Global Software as a Service (SaaS) Sales Growth Rate by Type (2017-2023) 8.4.1 Global Software as a Service (SaaS) Sales Growth Rate of Software as a Service (SaaS) without Handle (2017-2023) 8.4.2 Global Software as a Service (SaaS) Sales Growth Rate of Software as a Service (SaaS) with Handle (2017-2023)9 Global Software as a Service (SaaS) Market Analysis by Application 9.1 Global Software as a Service (SaaS) Consumption and Market Share by Application (2017-2023) 9.2 Global Software as a Service (SaaS) Consumption Growth Rate by Application (2017-2023) 9.2.1 Global Software as a Service (SaaS) Consumption Growth Rate of Commercial Use (2017-2023) 9.2.2 Global Software as a Service (SaaS) Consumption Growth Rate of Personal Mobility (2017-2023)10 Global Software as a Service (SaaS) Market Forecast (2023-2027) 10.1 Global Software as a Service (SaaS) Sales, Revenue Forecast (2023-2027) 10.1.1 Global Software as a Service (SaaS) Sales and Growth Rate Forecast (2023-2027) 10.1.2 Global Software as a Service (SaaS) Revenue and Growth Rate Forecast (2023-2027) 10.1.3 Global Software as a Service (SaaS) Price and Trend Forecast (2023-2027) 10.2 Global Software as a Service (SaaS) Sales and Revenue Forecast, Region Wise (2023-2027) 10.2.1 United States Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.2 Europe Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.3 China Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.4 Japan Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.5 India Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.6 Southeast Asia Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.7 Latin America Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.2.8 Middle East and Africa Software as a Service (SaaS) Sales and Revenue Forecast (2023-2027) 10.3 Global Software as a Service (SaaS) Sales, Revenue and Price Forecast by Type (2023-2027) 10.4 Global Software as a Service (SaaS) Consumption Forecast by Application (2023-2027) 10.5 Software as a Service (SaaS) Market Forecast Under COVID-1911 Research Findings and Conclusion12 Appendix 12.1 Methodology 12.2 Research Data Source, Purchase this report (Price 3250 USD for a single-user license) -https://www.marketgrowthreports.com/purchase/21404585. These companies all provide different services to customers. What You Need to Understand About SaaS Buyer Expectations. The SaaS industry in the United States has a market value of $108.4 billion. How many SaaS companies are there? Reoccurring Vs. Recurring: Whats The Difference? Accessed on December 13, 2021, Deloitte. The report covers all the features of the industry with a dedicated study of key players that contain market leaders, new entrants and followers. Helping to fuel the industrys growth is a wide range of investors including venture capital, growth equity, private equity, asset managers, hedge funds as well as individual investors among others. In total, there are over 50 publicly traded SaaS companies representing over $225 billion in aggregate market capitalization. Valuing a private SaaS company includes analyzing the following key metrics. To keep your mind fresh here is a rundown of the 10 SaaS trends for 2022. Accessed on December 13, 2021, IDC. Contact the source provider Comtex at editorial@comtex.com. The indigenous analysis of the Enterprise SaaS market is taken into account. This report analyses the current competitive environment in addition to offering key details like market statistics and product releases from leading companies in this area. SaaS Free Trial: Everything you need to know. Software as a Service (SaaS) Market Overview: Software as a service (SaaS) is software distributed architecture in which a cloud provider installs a program that offers Internet service to target consumers. Leading software as a service (SaaS) countries worldwide in 2021, by number of companies. Why on earth would it cost so much? Top SaaS Purchase & Usage Statistics in 2020 to Predict 2021. 0 2. The Software Report is pleased to announce its third annual list of the Top 100 Software Companies. The Software Report is a comprehensive source for market research and insights, business news, investment activity and corporate actions related to the software sector. The MarketWatch News Department was not involved in the creation of this content. SaaS Online Video Platforms Market Size, Analysis, and Forecast Report 2022-2028 - PRIZM News PRIZM News. SaaS CAC: A Guide to Customer Acquisition Costs. The Software Report is pleased to announce The Top 25 Cybersecurity Companies of 2021. The same report found that the average number of apps being used had also increased by approximately 30%. What is a Good SaaS Churn Rate & Average Churn Rates by Industry. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Gartner Says Worldwide Public Cloud Services Market to Grow 18 Percent in 2017, Microsoft just passed a huge cloud milestone, Global Contact Center Software Industry to Pass $90 Billion by 2027, Software Used by CDC, U.S. Army, and More Found to Be Russian in Origin, Tech M&A Boom Driven by DevOps and Cloud-Centric Enterprises, Phreesias Sara DiNardo: A Top Woman Leader Who Rolls Up Her Sleeves, Forrester: AI Is the Largest Growth Area for the Software Industry, How SaaS Companies Can Survive Their First Recession, HR Payroll Software Market Expected to Grow to $55 Billion by 2031, Thoma Bravo-Backed Condeco and iOFFICE + SpaceIQ Merge to Form Eptura, $3B Visualization, 3-D Rendering Software Industry to Grow More Than 100% by 2026, Microsoft CEO Satya Nadella: Strong, Caring Managers Are the Secret to Remote Onboarding, The Top 25 Cybersecurity Companies of 2021, Salesforce Co-CEO Bret Taylor Unveils Genie in Debut Alongside Marc Benioff, Oracles Safra Catz, NVIDIAs Jensen Huang See Immense Value in Collaboration, The Top 25 Software Product Executives of 2022, Software AGs Sanjay Brahmawar Takes Balanced Approach to Close in on $1B Revenue, Cloud Application Infrastructure Services (PaaS), Cloud System Infrastructure Services (IaaS), Salesforce: Provides customer relationship management solutions to businesses, Annual Share Price Appreciation Since IPO: 18%, Workday: Provides financial and human capital management solutions to businesses, Annual Share Price Appreciation Since IPO: 31%, ServiceNow: Provides a suite of IT management solutions to businesses, Annual Share Price Appreciation Since IPO: 45%, Shopify: Provides an ecommerce platform for businesses to sell products online, on social media or in person, Annual Share Price Appreciation Since IPO: 155%, Splunk: Provides solutions that enable businesses to gain real time operational intelligence, Annual Share Price Appreciation Since IPO: 32%. Marc Benioffs Grand Vision on The End of Software; The Rise of Salesforce, Salesforces Growing Addressable Market (Investor Day Presentation October 2016). This report provides an expansive market analysis of the asked sector by covering areas like growth motorists, trends prevailing in the industry, nonsupervisory frame current in the sector as well as a comprehensive geek analysis. Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2022. Currently, Salesforce is considered among the top software companies in the world. Included are the firm's description, key characteristics, and overall revenue. Moreover, the lure of high-profile SaaS success stories such as those of the public companies listed above, is hard to resist. There are approximately 7,000 SaaS companies serving the marketing industry alone. Final Report will add the analysis of the impact of COVID-19 on this industry. In addition to the monetary value of the SaaS industry, its been received with a warm welcome from a diversity of industries. For example, Microsofts Commercial Cloud annualized revenue run rate now exceeds $18 billion and is well on track to achieve its targeted $20 billion by 2018. This report aims to provide a comprehensive presentation of the global market for Software as a Service (SaaS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Software as a Service (SaaS). The upward mobility of the SaaS industry has quickly gained enormous traction in the United States and beyond. Quadintel recently added a research report on the Software-as-a-Service (SaaS) Market. Note that the term Cloud encompasses the three columns to the right of On-Premises describing Infrastructure as a Service, Platform as a Service and Software as a Service. This report took into consideration data from more than 1,000 companies. Each investment in the portfolio of a growth equity fund is expected to return anywhere from 3x to 5x capital invested. In the SaaS industry conducting a periodic SaaS competitive analysis is crucial if you want to grow and stay relevant in the industry. The market is expected to grow from USD 130.69 billion in 2021 to USD 716.52 billion in 2028 at a CAGR of 27.5% during the 2021-2028 period. The SaaS industry currently has an annual growth rate of 18% 39% of SaaS companies use value-based pricing The SaaS industry's value is projected to grow to $700 billion by 2030 SaaS revenue is expected to reach $369.4 billion by 2024 SaaS growth can generate between $5 million to $100 million in annual recurring revenue Heres how to recognize the signs. The SWOT analysis, compiled by industry experts, Industry Concentration Ratio and the latest developments for the global Software as a Service (SaaS) market share are covered in a. Quadintel recently added a research report on the Latin America Software-as-a-Service (SaaS) Market. SaaS Trends 2020 SaaS Apps Reign Supreme Across Departments, but Waste is Growing. The Software as a Service (SaaS) market is characterized in terms of market size, market coverage, market exchange rate, segmentation, and market share. It also offers a deep analysis of the major market participants to keep track of ongoing market trends. Be the first to rate this post. The SaaS industry has recently experienced a chill in both primary and secondary markets due to various factors. Software as a Service Market: Technologies and Global Markets Through 2022. The next biggest SaaS companies out there are Salesforce.com Inc with a market cap of $251.8 billion, Intuit Inc, with a market cap of $183.5 billion, and Shopify Inc., with a market cap of $173.9 billion. The SaaS industry currently has an annual growth rate of 18%. Based on Deployment it is categorized into: Public cloud, Private cloud, Hybrid cloud. The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global Software as a Service (SaaS) market. Research Summary. Revenue from the SaaS market is predicted to reach $369.4 billion in a little under three years, suggesting that the industry will more than double its value. Artificial Intelligence. Comparatively, the United Kingdom has the second-largest SaaS sector in the world with 2,000 SaaS companies. Accessed on December 13, 2021, Reforge. Leading Challengers in the Enterprise SaaS market, as highlighted in the Report, are, The Enterprise SaaS market Analysis by types is segmented into, The Enterprise SaaS market Industry Research by Application is segmented into, In terms of Region, the Enterprise SaaS market Players available by Region are, Ask Your Queries If Any Before Purchasing This Report https://www.reportmines.com/enquiry/pre-order-enquiry/1507121, Key Benefits For Enterprise SaaS Market Participants. Software as a Service (SaaS) Market size was valued at US$ 166.02 Bn. What You Need to Understand About SaaS Buyer Expectations. 39% of SaaS companies use value-based pricing. This report focuses on global and United States Software as a Service (SaaS) market, also covers the segmentation data of other regions in regional level and county level. Some of the leading companies around the world are : The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. Companies spend $2,623 on SaaS per employee per year on average. Retention and Efficiency 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. The below chart compares the cost of traditional (on-premises) software versus a SaaS (cloud computing) solution. Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. SaaS CAC: A Guide to Customer Acquisition Costs. According to forecasts and analysis of the global SaaS industry, it is expected to grow by $100 billion during 2021-2025. Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2022. This research report offers an extensive approach to the growth of the market for 2022-2028. Inquire more and share questions if any before the purchase on this report at -https://www.360researchreports.com/enquiry/pre-order-enquiry/20262761, Detailed TOC of Global Software as a Service (SaaS) Market Insights and Forecast to 2028, 1 Software as a Service (SaaS) Market Overview, 1.1 Product Overview and Scope of Software as a Service (SaaS)1.2 Software as a Service (SaaS) Segment by Type1.3 Software as a Service (SaaS) Segment by Application1.4 Global Market Growth Prospects1.4.1 Global Software as a Service (SaaS) Revenue Estimates and Forecasts (2017-2028)1.4.2 Global Software as a Service (SaaS) Production Capacity Estimates and Forecasts (2017-2028)1.4.3 Global Software as a Service (SaaS) Production Estimates and Forecasts (2017-2028)1.5 Global Market Size by Region1.5.1 Global Software as a Service (SaaS) Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 20281.5.2 North America Software as a Service (SaaS) Estimates and Forecasts (2017-2028)1.5.3 Europe Software as a Service (SaaS) Estimates and Forecasts (2017-2028)1.5.4 China Software as a Service (SaaS) Estimates and Forecasts (2017-2028)1.5.5 Japan Software as a Service (SaaS) Estimates and Forecasts (2017-2028), 2.1 Global Software as a Service (SaaS) Production Capacity Market Share by Manufacturers (2017-2022)2.2 Global Software as a Service (SaaS) Revenue Market Share by Manufacturers (2017-2022)2.3 Software as a Service (SaaS) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)2.4 Global Software as a Service (SaaS) Average Price by Manufacturers (2017-2022)2.5 Manufacturers Software as a Service (SaaS) Production Sites, Area Served, Product Types2.6 Software as a Service (SaaS) Market Competitive Situation and Trends2.6.1 Software as a Service (SaaS) Market Concentration Rate2.6.2 Global 5 and 10 Largest Software as a Service (SaaS) Players Market Share by Revenue2.6.3 Mergers and Acquisitions, Expansion, 3.1 Global Production Capacity of Software as a Service (SaaS) Market Share by Region (2017-2022)3.2 Global Software as a Service (SaaS) Revenue Market Share by Region (2017-2022)3.3 Global Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)3.4 North America Software as a Service (SaaS) Production3.4.1 North America Software as a Service (SaaS) Production Growth Rate (2017-2022)3.4.2 North America Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)3.5 Europe Software as a Service (SaaS) Production3.5.1 Europe Software as a Service (SaaS) Production Growth Rate (2017-2022)3.5.2 Europe Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)3.6 China Software as a Service (SaaS) Production3.6.1 China Software as a Service (SaaS) Production Growth Rate (2017-2022)3.6.2 China Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)3.7 Japan Software as a Service (SaaS) Production3.7.1 Japan Software as a Service (SaaS) Production Growth Rate (2017-2022)3.7.2 Japan Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022), 4 Global Software as a Service (SaaS) Consumption by Region, 4.1 Global Software as a Service (SaaS) Consumption by Region4.1.1 Global Software as a Service (SaaS) Consumption by Region4.1.2 Global Software as a Service (SaaS) Consumption Market Share by Region4.2 North America4.2.1 North America Software as a Service (SaaS) Consumption by Country4.2.2 United States4.2.3 Canada4.3 Europe4.3.1 Europe Software as a Service (SaaS) Consumption by Country4.3.2 Germany4.3.3 France4.3.4 U.K.4.3.5 Italy4.3.6 Russia4.4 Asia Pacific4.4.1 Asia Pacific Software as a Service (SaaS) Consumption by Region4.4.2 China4.4.3 Japan4.4.4 South Korea4.4.5 China Taiwan4.4.6 Southeast Asia4.4.7 India4.4.8 Australia4.5 Latin America4.5.1 Latin America Software as a Service (SaaS) Consumption by Country4.5.2 Mexico4.5.3 Brazil, 5.1 Global Software as a Service (SaaS) Production Market Share by Type (2017-2022)5.2 Global Software as a Service (SaaS) Revenue Market Share by Type (2017-2022)5.3 Global Software as a Service (SaaS) Price by Type (2017-2022), 6.1 Global Software as a Service (SaaS) Production Market Share by Application (2017-2022)6.2 Global Software as a Service (SaaS) Revenue Market Share by Application (2017-2022)6.3 Global Software as a Service (SaaS) Price by Application (2017-2022), 7 Key Companies Profiled7.1 Company7.1.1 Software as a Service (SaaS) Corporation Information7.1.2 Software as a Service (SaaS) Product Portfolio7.1.3 Software as a Service (SaaS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)7.1.4 Main Business and Markets Served7.1.5 Recent Developments/Updates, 8 Software as a Service (SaaS) Manufacturing Cost Analysis8.1 Software as a Service (SaaS) Key Raw Materials Analysis8.1.1 Key Raw Materials8.1.2 Key Suppliers of Raw Materials8.2 Proportion of Manufacturing Cost Structure8.3 Manufacturing Process Analysis of Software as a Service (SaaS)8.4 Software as a Service (SaaS) Industrial Chain Analysis, 9 Marketing Channel, Distributors and Customers9.1 Marketing Channel9.2 Software as a Service (SaaS) Distributors List9.3 Software as a Service (SaaS) Customers, 10 Market Dynamics10.1 Software as a Service (SaaS) Industry Trends10.2 Software as a Service (SaaS) Market Drivers10.3 Software as a Service (SaaS) Market Challenges10.4 Software as a Service (SaaS) Market Restraints, 11 Production and Supply Forecast11.1 Global Forecasted Production of Software as a Service (SaaS) by Region (2023-2028)11.2 North America Software as a Service (SaaS) Production, Revenue Forecast (2023-2028)11.3 Europe Software as a Service (SaaS) Production, Revenue Forecast (2023-2028)11.4 China Software as a Service (SaaS) Production, Revenue Forecast (2023-2028)11.5 Japan Software as a Service (SaaS) Production, Revenue Forecast (2023-2028), 12 Consumption and Demand Forecast12.1 Global Forecasted Demand Analysis of Software as a Service (SaaS)12.2 North America Forecasted Consumption of Software as a Service (SaaS) by Country12.3 Europe Market Forecasted Consumption of Software as a Service (SaaS) by Country12.4 Asia Pacific Market Forecasted Consumption of Software as a Service (SaaS) by Region12.5 Latin America Forecasted Consumption of Software as a Service (SaaS) by Country, 13 Forecast by Type and by Application (2023-2028)13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)13.1.1 Global Forecasted Production of Software as a Service (SaaS) by Type (2023-2028)13.1.2 Global Forecasted Revenue of Software as a Service (SaaS) by Type (2023-2028)13.1.3 Global Forecasted Price of Software as a Service (SaaS) by Type (2023-2028)13.2 Global Forecasted Consumption of Software as a Service (SaaS) by Application (2023-2028)13.2.1 Global Forecasted Production of Software as a Service (SaaS) by Application (2023-2028)13.2.2 Global Forecasted Revenue of Software as a Service (SaaS) by Application (2023-2028)13.2.3 Global Forecasted Price of Software as a Service (SaaS) by Application (2023-2028), 15 Methodology and Data Source15.1 Methodology/Research Approach15.1.1 Research Programs/Design15.1.2 Market Size Estimation15.1.3 Market Breakdown and Data Triangulation15.2 Data Source15.2.1 Secondary Sources15.2.2 Primary Sources15.3 Author List15.4 Disclaimer, Purchase this report (Price 3660 USD for a single-user license) -https://www.360researchreports.com/purchase/20262761. SaaS Business Model: Learn How It Works and How to Measure If It Does. We predict that the capital market . The Software Report is pleased to announce The Top 25 Software Product Executives of 2022. Get a Sample PDF of report -https://www.marketgrowthreports.com/enquiry/request-sample/21404585. Leading software as a service (SaaS) countries worldwide in 2021, by number of companies. The global SaaS market size was valued at USD 161.2 billion in 2021 and is projected to reach USD 382.59 billion by 2030 at a CAGR of 10.08% 2022 to 2030. The Software Report is pleased to announce The Top 100 Software Companies of 2021. Accessed on December 13, 2021, BetterCloud. Accessed on December 13, 2021, Gartner. A SaaS revenue model entails a monthly or annual user fee where the users cost of entry to gain access to the software is materially lower compared to purchasing an on-premises license. Some examples of the most common horizontal SaaS applications include: In contrast, vertical SaaS solutions address specific sectors and aim to provide a suite of tools for businesses in those sectors. The objective of the report is to present a comprehensive analysis of the global human capital management (HCM) SaaS market including all the stakeholders of the industry. As of 2021, 61.3% of all SaaS companies in the world are located in the United States. Based in New York City, the firm is run by a seasoned team of editors, writers and media professionals highly knowledgeable on software and the various companies, executives and investors that make up the sector. Software as a Service (SaaS) is the largest service segment in the cloud . How 1,800 SaaS companies are pricing their product. In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. By the end of 2021, 99% of companies will be using at least one SaaS solution. As of 2021, these organizations globally use an average of 110 SaaS applications, a figure that has been steadily growing since 2015. Get Sample PDF of Enterprise SaaS market Analysis https://www.reportmines.com/enquiry/request-sample/1507121. Entrepreneurs, both technical and non-technical seek to automate the wide variety of still manual or inefficient activities of a business. Nov 22, 2022 (The Expresswire) -- " Software as a Service (SaaS) Market " research provides significant and in-depth information on the global market. The Enterprise SaaS Market Industry Research Report contains: Buy this report https://www.reportmines.com/purchase/1507121 ( Price 3660 USD for a Single-User License), COVID-19 Impact Analysis For Enterprise SaaS Market. Traditional software in comparison is deployed on-premises meaning the software is implemented on the premises of a business client on their own servers whereby employees access the software through a desktop interface connected to a local network. Despite many of these companies 10+ years old, theyve only recently began to amass massive popularity. Table 1. Median revenue growth rate is 17%, gross margin is 73% and median retention rate is 97%. As of August 31, 2017, the median enterprise value / 2017 revenue multiple is 5.7x. Software as a Service (SaaS) Market is further classified on the basis of region as follows: This Software as a Service (SaaS) Market Research/Analysis Report Contains Answers to your following Questions. You can also contact MarketWatch Customer Service via our Customer Center. State of the Market. There are an estimated 10,000 private SaaS companies, the vast majority of which are early stage generating less than $3 million in annual revenue. "30 SaaS Industry Statistics [2022]: Trends + Analysis" Zippia.com. The trend of SaaS takeover is expected to continue and grow exponentially over the next several years. The comprehensive report provides a two-dimensional picture of the market. She has been featured on websites and online magazines covering topics in career, travel, and lifestyle. Alternatively, mid-market companies have an average contract value between $10,000 and $100,000, and SMB companies are less than $10,000 per year for every customer. In 2022, the market is rising at a steady rate and with the increasing adoption of tactics by key players, the market is likely to rise over the projected horizon. It aids in business marketing, business breakdown, and overall performance with regard to the competitive ground. The report inspects the impact of the COVID-19 pandemic delivering fitting inputs to enforce them and improve their business. Why on earth would it cost so much? The industry you operate in is growing, new companies are emerging on the horizon, SaaS owners are making even more money year by year. The Software Report is pleased to announce The Top 50 SaaS CEOs of 2022. The report includes an extensive analysis of the market's characteristics, COVID-19 impact, size and growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. In the health field alone, SaaS adoption grows at a rate of 20% every year. Traditional software, on the other hand, is offered on a license and maintenance agreement whereby the customer purchases a license to the software and in addition pays an ongoing maintenance fee ranging from 15 to 20% of the license cost in order to receive software updates or have access to service assistance form the software provider. This awards feature publication has become recognized as the leading source of information on the best companies in the software industry. Accessed on December 13, 2021, Mike Sonders. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. 2018 global CIO survey, preface and chapter 1. In this section, the readers will gain an understanding of the key players competing. Accessed on December 13, 2021. Global Software as a Service (SaaS) Market Revenue Led By Product Type Segment: Private Cloud Public Cloud Hybrid Cloud. 2020 State of SaaSOps The Impact and Implications of the SaaS Revolution. State of the SaaS-Powered Workplace 2017. Companies are using more SaaS because its been shown to increase productivity. $ 161 billion to $ 251 billion use an average of 110 SaaS applications each the Software-as-a-Service ( SaaS market... At least one SaaS solution summary of the global SaaS industry has quickly gained enormous traction the... With regard to the growth of the Enterprise SaaS market report: highlights of the industry in,... 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