Global Software As A Service (saas) Market Size & Outlook
Global software as a service (saas) market, 2018-2030 (US$M)
Related Markets
Global software as a service (saas) market highlights
- The global software as a service (saas) market generated a revenue of USD 333.0 million in 2023 and is expected to reach USD 819.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.7% by 2030.
- In terms of segment, software accounted for a revenue of USD 283.1 million in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 333.0 million |
| Market revenue in 2030 | USD 819.2 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 44.7% of the global software as a service (saas) market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 40.4 million by 2030.
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Software As A Service (SaaS) Market Scope
Software As A Service (SaaS) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global software as a service (saas) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to software as a service (saas) market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 85.02% in 2023. Horizon Databook has segmented the Global software as a service (saas) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Software As A Service (SaaS) Component Outlook (Revenue, USD Million, 2018-2030)
- Software
- Services
- Global Software As A Service (SaaS) Deployment Outlook (Revenue, USD Million, 2018-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Global Software As A Service (SaaS) Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises
- Large Enterprises
- Global Software As A Service (SaaS) Application Outlook (Revenue, USD Million, 2018-2030)
- Customer Relationship Management (CRM)
- Enterprise Resource Planning (ERP)
- Human Capital Management
- Content, Collaboration & Communication
- BI & Analytics
- Others
- Global Software As A Service (SaaS) Industry Outlook (Revenue, USD Million, 2018-2030)
- Banking, Financial Services and Insurance (BFSI)
- Retail and Consumer goods
- Healthcare
- Education
- Manufacturing
- Travel & Hospitality
- Others
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Target buyers of Global software as a service (saas) market databook
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Our clientele includes a mix of software as a service (saas) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global software as a service (saas) market , including forecasts for subscribers. This global databook contains high-level insights into Global software as a service (saas) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global software as a service (saas) market size, by regions, 2018-2030 (US$M)
Top 10 countries: Software as a service (saas) market size, 2023 (US$M)
Global software as a service (saas) market share, by component, 2023 & 2030 (%, US$M)
Software as a service (saas) market: Opportunity assessment by country
Global software as a service (saas) market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 49.4 | 53.6 | 67.9 | 90.3 | 117.4 | 148.8 | 177.3 | 205.2 | 232.6 | 259.4 | 287.4 | 317.7 | 350.6 | 13.0% |
| Europe | 27.4 | 29.6 | 37.3 | 49.4 | 63.8 | 80.4 | 95.2 | 109.5 | 123.3 | 136.7 | 150.4 | 165.2 | 181.1 | 12.3% |
| Asia Pacific | 20.1 | 22.5 | 29.4 | 40.4 | 54.0 | 70.5 | 86.4 | 102.8 | 119.8 | 137.2 | 156.1 | 177.2 | 200.7 | 16.1% |
| Latin America | 5.6 | 6.1 | 7.9 | 10.6 | 13.9 | 17.8 | 21.4 | 25.0 | 28.7 | 32.3 | 36.2 | 40.4 | 45.1 | 14.2% |
| MEA | 4.7 | 5.2 | 6.7 | 9.1 | 12.1 | 15.6 | 18.9 | 22.3 | 25.8 | 29.3 | 33.0 | 37.2 | 41.8 | 15.1% |
| Overall | 107.2 | 117.1 | 149.1 | 199.7 | 261.1 | 333.0 | 399.1 | 464.8 | 530.0 | 594.9 | 663.1 | 737.7 | 819.2 | 13.7% |
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