Asia Pacific Software As A Service (saas) Market Size & Outlook
Asia Pacific software as a service (saas) market, 2018-2030 (US$M)
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Asia Pacific software as a service (saas) market highlights
- The Asia Pacific software as a service (saas) market generated a revenue of USD 70.5 million in 2023.
- The market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 70.5 million |
| Market revenue in 2030 | USD 200.7 million |
| Growth rate | 16.1% (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 |
| Key market players worldwide | Intel Corp, Broadcom Inc, Trend Micro Inc, Cisco Systems Inc, Zscaler Inc, Lookout, Radware Ltd, Adobe Inc, Microsoft Corp, Alibaba Group Holding Ltd ADR, International Business Machines Corp, Salesforce Inc, Oracle Corp, SAP SE, Rackspace Technology Inc Ordinary Shares, VMware, Atlassian Corp A, ServiceNow Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.2% of the global software as a service (saas) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 200.7 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 |
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Asia Pacific 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 85.11% in 2023. Horizon Databook has segmented the Asia Pacific software as a service (saas) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is a prominent player in the global software as a service market and is expected to continue to experience strong growth in the coming years. The region comprises some of the world's largest and most rapidly growing economies, including China and India, experiencing rapid urbanization and the growth of the middle class.
With mobile devices accounting for a significant portion of internet traffic in the region, SaaS companies are developing mobile-first solutions that can be accessed on smartphones and tablets. This drives the development of lightweight, mobile-friendly apps that offer a seamless user experience.
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Target buyers of Asia Pacific 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific software as a service (saas) market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific software as a service (saas) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific software as a service (saas) market size, by country, 2018-2030 (US$M)
Asia Pacific Software As A Service (SaaS) Market Outlook Share, 2023 & 2030 (US$M)
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