Market revenue in 2024 | USD 95,153.1 million |
Market revenue in 2030 | USD 181,050.2 million |
Growth rate | 10.6% (CAGR from 2025 to 2030) |
Largest segment | Software |
Fastest growing segment | Software |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 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 |
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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 98.8% in 2024. Horizon Databook has segmented the Europe software as a service (saas) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The SaaS market in Europe is growing, and the growth is attributed to the factors such as the increasing adoption of cloud computing, the rising demand for software solutions that enable remote work and collaboration, and the shift toward digital transformation.
Additionally, Europe has a highly skilled workforce, a robust startup ecosystem, and a favorable regulatory environment, all contributing to the growth of the SaaS market in the region. Some key players in the European SaaS market include Salesforce, Microsoft, SAP, Oracle, and Adobe, along with many startups and smaller companies offering specialized SaaS solutions in various industries.
For instance, in 2021, Paddle, a payment infrastructure provider for SaaS-based companies, stated that European companies had increased their spending on SaaS by 57%. Additionally, there is a growth of 81% in European SaaS unicorns compared to 2020 (up from 44%).
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe software as a service (saas) market , including forecasts for subscribers. This continent databook contains high-level insights into Europe software as a service (saas) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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