According to the new Market research study published by The Insight Partners, The Global Software as a Service Market was estimated at US$ 34.78 Bn in 2015. This market is expected to grow at a CAGR of 28.3% between 2016 and 2025, to reach US$ 418.92 Bn in the year 2025.
Browse market data tables and in-depth TOC of the Software as a Service (SaaS) Market to 2025 @ http://www.theinsightpartners.com/reports/software-as-a-service-saas-market
North America and Europe dominate the global software as a service market, however, they are expected to lose market share to APAC during the forecast period. The APAC region is expected to register a growth rate of 33.1% during 2016 to 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.
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In 2015, Brazil led the software as a service market in South America (SAM), and is expected to continue its dominance by expanding at a CAGR of 29.4% during the forecast period from 2016 to 2025. Brazil is expected to witness rising adoption of software as a service model due to rise in the number of small and medium scale organizations.
The report provides deep insights on the growth rates, market shares, market drivers and restraints and the opportunities for market players in the future. Major 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...