Software as a Service Market Research Report- Global Forecast 2027

Software as a Service Market, By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), By End User (SMEs and Large Enterprises), By Industry (IT & Telecommunication, Entertainment, BFSI, Manufacturing, Healthcare, Retail) - Forecast 2020-2027

ID: MRFR/ICT/1471-HCR | February 2021 | Region: Global | 110 pages

Impact of COVID-19 on the Global Software as a Service Market


Software as a service (SaaS) is a service offered by cloud providers, which allows individuals to run software over the networks rather than downloading them individually on PCs. The COVID-19 pandemic has positively impacted the SaaS market. The spread of COVID-19 across the world has profoundly affected the global economy, as lockdowns have been implemented to contain the spread of the virus. People have been confined to their homes to minimize human contact. This scenario is responsible for the growth of the IoT, which, in turn, is driving the growth of the SaaS market. The rapid spread of the pandemic and the increasing number of cases across the globe have also led to the IT enterprises’ increasing adoption of remote working policies, which has boosted the need for various services associated with SaaS. For instance, the utilization of Microsoft Office 365 has increased during these pandemic times, which is driving the growth of the SaaS market.


Moreover, the increasing demand for cloud services for sharing and saving data while testing various applications and software, and rising security concerns have also led to the growth of the SaaS market. In the past, centralized data management of information and data sharing were the main challenges. During the pandemic, processes have been moved to hosted infrastructure, and new SaaS systems have introduced a new norm of efficiency in data sharing.


The increasing adoption of SaaS is another major factor driving the growth of the SaaS market. SaaS plays a crucial role in organizational transformation. Due to the COVID-19 pandemic, most of the businesses are expecting minimal to no impact on spending in 2020. Companies are focused on speeding up the SaaS-led digital transformation to address the exponential rise in the number of employees working remotely and increasing the agility to adapt to rapidly changing market conditions. Companies are adopting cloud-based solutions to ensure business continuity during the current crisis. Companies are facing drastic revenue losses, which have led to budget cuts. Enterprises are limiting their investments in technology hardware, providing an edge to SaaS, and thus driving the growth of the market. Post COVID-19, it is expected that the disruptions caused due to the pandemic will create opportunities for an economic reset. Technology will prove to be an essential component in the various aspects of business, as companies start evaluating and planning their business strategies. Companies providing SaaS are expected to help in increasing business productivity.


Table Of Contents

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure:

1.3.1 Global Software As A Service Market: By Deployment

1.3.2 Global Software As A Service Market: By End User

1.3.3 Global Software As A Service Market: By Industry

1.3.5 Global Software As A Service Market: By Region


2 Research Methodology

2.1 Research Type

2.2 Primary Researchpt

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

2.4.3 Market Crackdown & Data Triangulation


3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities


4 Executive Summary


5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis


6 Global Software As A Service Market

6.1 Introduction

6.2 Market Statistics

6.2.1 By Deployment

6.2.1.1 Public Cloud

6.2.1.2 Private Cloud

6.2.1.3 Hybrid Cloud

6.2.1.4 Community Cloud

6.2.2 By End User

6.2.2.1 SMES

6.2.2.2 Large Enterprises

6.2.3 By Industry

6.2.3.1 It & Telecommunication

6.2.3.2 Entertainment

6.2.3.3 BFSI

6.2.3.4 Manufacturing

6.2.3.5 Healthcare

6.2.3.6 Retail

6.2.3.7 Other

6.2.4 By Geography

6.2.4.1 North America

6.2.4.2 Europe

6.2.4.3 Asia-Pacific

6.2.4.4 Rest Of The World


7 Competitive Analysis

7.1 Market Share Analysis

7.2 Company Profiles

7.2.1 Salesforce

7.2.2 Linkedin

7.2.3 Concur Technologies

7.2.4 Workday, Inc.

7.2.5 Ibm Corporation

7.2.6 Oracle Corporation

7.2.7 Netsuite Inc.

7.2.8 Medidata Solutions

7.2.9 Servicenow, Inc.

7.2.10 Microsoft Inc.

7.2.11 Google Inc.

7.2.12 Zuora

7.2.13 Others

LIST OF TABLES

TABLE 1 GLOBAL SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 2 GLOBAL SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 3 GLOBAL SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 4 GLOBAL SOFTWARE AS A SERVICE MARKET, BY REGIONS

TABLE 5 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY COUNTRY

TABLE 6 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 7 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 8 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 9 U.S. SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 10 U.S. SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 11 U.S. SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 12 CANADA SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 13 CANADA SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 14 CANADA SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 15 EUROPE SOFTWARE AS A SERVICE MARKET, BY COUNTRY

TABLE 16 EUROPE SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 17 EUROPE SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 18 EUROPE SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 19 GERMANY SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 20 GERMANY SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 21 GERMANY SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 22 FRANCE SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 23 FRANCE SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 24 FRANCE SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 25 U.K. SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 26 U.K. SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 27 U.K. SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 28 U.K. SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 29 REST OF EUROPE SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 30 REST OF EUROPE SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 31 REST OF EUROPE SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 32 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY COUNTRY

TABLE 33 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 34 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 35 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

TABLE 36 MIDDLE EAST & AFRICA SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT

TABLE 37 MIDDLE EAST & AFRICA SOFTWARE AS A SERVICE MARKET, BY END USER

TABLE 38 MIDDLE EAST & AFRICA SOFTWARE AS A SERVICE MARKET, BY INDUSTRY

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL SOFTWARE AS A SERVICE MARKET: BY DEPLOYMENT (%)

FIGURE 3 GLOBAL SOFTWARE AS A SERVICE MARKET: BY END USER (%)

FIGURE 4 GLOBAL SOFTWARE AS A SERVICE MARKET: BY INDUSTRY (%)

FIGURE 6 GLOBAL SOFTWARE AS A SERVICE MARKET: BY REGION

FIGURE 7 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT (%)

FIGURE 8 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY END USER (%)

FIGURE 9 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY INDUSTRY (%)

FIGURE 11 NORTH AMERICA SOFTWARE AS A SERVICE MARKET, BY COUNTRIES (%)

FIGURE 12 EUROPE SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT (%)

FIGURE 13 EUROPE SOFTWARE AS A SERVICE MARKET, BY END USER (%)

FIGURE 14 EUROPE SOFTWARE AS A SERVICE MARKET, BY INDUSTRY (%)

FIGURE 16 EUROPE SOFTWARE AS A SERVICE MARKET, BY COUNTRIES (%)

FIGURE 17 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT (%)

FIGURE 18 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY END USER (%)

FIGURE 19 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY INDUSTRY (%)

FIGURE 21 ASIA-PACIFIC SOFTWARE AS A SERVICE MARKET, BY COUNTRIES (%)

FIGURE 22 ROW SOFTWARE AS A SERVICE MARKET, BY DEPLOYMENT (%)

FIGURE 23 ROW SOFTWARE AS A SERVICE MARKET, BY END USER (%)

FIGURE 24 ROW SOFTWARE AS A SERVICE MARKET, BY INDUSTRY (%)