North America Software As A Service (saas) Market Size & Outlook
North America software as a service (saas) market, 2018-2030 (US$M)
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North America software as a service (saas) market highlights
- The North America software as a service (saas) market generated a revenue of USD 148.8 million in 2023.
- The market is expected to grow at a CAGR of 13% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 148.8 million |
| Market revenue in 2030 | USD 350.6 million |
| Growth rate | 13% (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, North America region accounted for 44.7% 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 |
|---|
North America 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 84.88% in 2023. Horizon Databook has segmented the North America software as a service (saas) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Software as a Service (SaaS) is a rapidly growing industry in North America, with many developments emerging in recent years. Cloud-based software solutions have become increasingly popular in North America due to their scalability, cost-effectiveness, and ease of use.
Companies increasingly turn to cloud-based SaaS solutions for their business needs, including customer relationship management (CRM), human resources management, and accounting. Further, SaaS providers are increasingly integrating their software with other platforms to offer a more comprehensive suite of services.
This includes integrations with other SaaS providers and on-premises software and legacy systems. With the increasing use of mobile devices, SaaS providers prioritize developing mobile-first solutions. This includes developing mobile apps, optimizing software for mobile browsers, and ensuring seamless user experience across all devices.
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Target buyers of North America 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 North America software as a service (saas) market , including forecasts for subscribers. This continent databook contains high-level insights into North America software as a service (saas) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America software as a service (saas) market size, by country, 2018-2030 (US$M)
North America Software As A Service (SaaS) Market Outlook Share, 2023 & 2030 (US$M)
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