Global Software As A Service (saas) Market Size & Outlook

The software as a service (saas) industry worldwide is expected to reach a projected revenue of US$ 819.2 million by 2030. A compound annual growth rate of 13.7% is expected of the worldwide software as a service (saas) industry from 2024 to 2030.
Revenue, 2023 (US$M)
$333.0
Forecast, 2030 (US$M)
$819.2
CAGR, 2024 - 2030
13.7%
Report Coverage
Worldwide

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 2023USD 333.0 million
Market revenue in 2030USD 819.2 million
Growth rate13.7% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, 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 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

  • Our clientele includes a mix of software as a service (saas) market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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)

Global software as a service (saas) market size, by regions, 2018-2030 (US$M)

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