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IoT technology adoption by manufacturing, transportation services and other companies is expected to drive the cloud services market in the forecast period, as per The Business Research Company’s software as a service (SaaS) market opportunities and strategies report.

The software as a service (SaaS) market is expected to reach $436.90 billion in 2025. The global software as a service (SaaS) market is expected to reach $714.96 billion in 2030, at a CAGR of 10.4%.

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Major players in the software as a service (SaaS) market include Microsoft Corporation, Salesforce.com, Inc., Oracle Corporation, Automatic Data Processing, Inc., Alphabet Inc.

Central Analytics had emerged as a majority of SaaS businesses deal with big data, therefore the investments in software as a service (SaaS) backed by innovations in analytics is expected to increase. Analytics is expected to become a central component of many service-based software platforms. Making business intelligence and data-driven decisions will help SaaS customers stay ahead of competition. In fact, it is forecasted that investments and value in analytics-centric SaaS models will rise by 23.3% by 2022. Centralized analytics will benefits users by helping them dig deeper to find hidden insights by utilizing modern solutions such as performance dashboards. Also, the uniquely set up centralized nature of SaaS models will enable users to access data from any device, at any time.

The Global Software As A Service (Saas) Market Is Segmented:
By Application: Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Manufacturing And Operations, Supply Chain Management (SCM)

By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud

By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises

By End User: Manufacturing, Retail, Education, Healthcare, IT & Telecom, BFSI, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Software As A Service (Saas) Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Software As A Service (SaaS) Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough software as a service (SaaS) market research, analyzes and forecasts software as a service (SaaS) market size, software as a service (SaaS) market share, software as a service (SaaS) market players, software as a service (SaaS) market trends, software as a service (SaaS) market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s software as a service (SaaS) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The software as a service (SaaS) market consists of sales of cloud-based software services by entities (organizations, sole traders and partnerships) that deliver applications or information technology resources through an internet platform as a service.

View Similar Reports From The Business Research Company:

Internet Of Things (IoT) Global Market Report 2022

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