Software as a Service (SaaS) Market 2019: Global Size, Growth Factors, Top Leaders, Opportunities, Emerging Technologies and Regional Forecast to 2022

Market Research Future published a research report on “Software as a Service Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Pune, India - February 11, 2019 /MarketersMedia/ —

Market Synopsis:

As per the analysis presented by Market Research Future (MRFR), the global software as a service market is predicted to grow exponentially in the forthcoming years. The market is poised to strike a CAGR of 21% during the forecast period. It has been estimated that the global Software as a Service Market will reach a valuation of USD 117 Bn by the end of 2022.

The developments and advancements adopted in the cloud technology have paved the way for software as a service across different industry verticals. It enables the clients to access software and the associated data through a web browser. The convenience offered by the technology is one of the key factors responsible for driving the growth of the global market.

The subscription model of the software has revolutionized the adoption of technology in every sector and industry. The growing dependency on technology has fueled the demand for software service solutions and is likely to propel the expansion of the software as a service market over the assessment period. In addition, it comes as a cost-effective way to sustain competition for the SMEs that are not equipped for licensing the software. This, in turn, is anticipated to further boost the growth trajectory of the software as a service market.
The growth of the IT industry is prognosticated to drive the expansion of the software as a service market. Furthermore, factors such as high demand for data analysis software, speed deployment, availability of customization, etc. is likely to favor the proliferation of the software as a service market.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2003

Industry News:

In December 2018, Fintech startup ‘YayPay’ has raised USD 8.4 Mn for its software-as-a-service solution which focusses on the collection of money from outstanding invoices.

In December 2018, GAN plc, a leading developer and supplier of enterprise-level B2B Internet gaming software, has announced the launch of Simulated Gaming Website for its Pearl River Resorts portfolio.

In December 2018, Sargon Capital, a private equity firm, has acquired Decimal Software, an Australian financial technology company. The transaction was worth USD 5Mn.

Key Players

The major players operating in the market of Software as a Service Market are- Salesforce (U.S.), LinkedIn (U.S.), Concur Technologies (U.S.), Workday, Inc. (U.S.), IBM Corporation (U.S), Oracle Corporation (U.S.), NetSuite Inc. (U.S.), Medidata Solutions (U.S.), ServiceNow, Inc. (U.S.), Microsoft Inc. (U.S.), Google Inc. (U.S.), Zuora (U.S.) among others.

Market Segmentation:

• By deployment, the global software as a service market has been segmented into public cloud, private cloud, hybrid cloud, and community cloud.
• By end-user, the global software as a service market has been segmented into SMEs and large enterprises.
• By industry, the software as a service market has been segmented into IT & telecommunication, entertainment, BFSI, manufacturing, healthcare, and retail.

Regional Analysis:

North America is dominating the market of Software as a Service Market due to various factors such as- presence of global players is giving competitive advantage to North American countries, rich entertainment industry and high adoption of on-demand software among others. Besides, U.S. has emerged as technologically advanced country which is also helping the growth of Software as a Service Market. Europe stands as second biggest market for SaaS. Countries such as U.K., Germany, France and Italy which falls under umbrella of developed countries are generating heavy demand for on-demand software for various industries. Asia-Pacific has emerged as fastest growing market. Growing economy of countries, new government policies in order to promote startups and global attention to the business environment are some of the major factor which is driving the market of SaaS in Asia-Pacific.

Get Complete Report @ https://www.marketresearchfuture.com/reports/software-as-a-service-market-2003

Intended Audience

• Software developers
• Government Agencies
• On-Demand Software providers
• Cloud service providers
• Cloud computing companies
• Research Institutes & Universities

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/software-as-a-service-saas-market-2019-global-size-growth-factors-top-leaders-opportunities-emerging-technologies-and-regional-forecast-to-2022/481214

Source: MarketersMedia

Release ID: 481214

More News From digitalpressnetwork.com

Trump: G7 summit going 'very well' despite trade tensions

Aug 25, 2019

BIARRITZ, France — President Donald Trump disputed reports Sunday that he faces a tense reception from world leaders at the Group of Seven summit in France, as they meet amid mounting anxiety of a global economic slowdown. Trump is trying to use the summit to rally global leaders to do more to stimulate their economies, as fears rise it could soon affect the U.S. ahead of his re-election. But his counterparts, including British Prime Minister Boris Johnson are trying to convince him to back off his trade wars with China and other countries, which they see as contributing to the...

Luck announces retirement following Colts loss to Bears

Aug 25, 2019

INDIANAPOLIS — Andrew Luck watched one last game from the sideline Saturday. Then he said goodbye to the NFL. The Indianapolis Colts quarterback heard boos as he walked away from the field, then walked to the podium and made the surprise decision official. The oft-injured star is retiring at age 29. "I'm in pain, I'm still in pain. It's been four years of this pain, rehab cycle," Luck said. "It's a myriad of issues — calf strain, posterior ankle impingement, high ankle sprain. Part of my journey going forward will be figuring out how to feel better." Luck wasn't planning...

Cervelli sparks Braves to 9-5 win over Mets in Atlanta debut

Aug 25, 2019

NEW YORK — Just about every newcomer to the Atlanta Braves has made an immediate impact lately. Francisco Cervelli fit right in Saturday night. The newly signed catcher had three hits and three RBIs in his Atlanta debut, and the Braves beat the New York Mets 9-5 for their seventh straight victory. "He was excited about getting here — and it showed," Braves manager Brian Snitker said. Ronald Acuña Jr. hit a tiebreaking single in the eighth inning, and recent addition Billy Hamilton dashed home with another run on the play thanks to a mental lapse by Mets left fielder...

Vogt hits three-homer as Giants beat his former A's club

Aug 25, 2019

OAKLAND, Calif. — Stephen Vogt's three-run homer highlighted an eight-run eighth and broke it open against his former club, Kevin Pillar hit a tiebreaking, two-run double in San Francisco's biggest inning of 2019, and the Giants beat the surging Athletics 10-5 on Saturday night. Brandon Crawford homered in the fifth and hit an RBI single in the eighth, when San Francisco tied it on a wild pitch by A.J. Puk, before Pillar's double to right. Evan Longoria had RBI singles in the sixth and eighth off loser Yusmeiro Petit (3-3). Sam Coonrod (3-0) recorded two outs for the win. Marcus...

Dodgers beat Yankees 2-1 in matchup of baseball's best

Aug 25, 2019

LOS ANGELES — Kenley Jansen escaped a bases-loaded jam in a bizarre ninth inning that saw both managers on the field trying to figure out what happened, and the Los Angeles Dodgers held off the New York Yankees 2-1 Saturday. Jansen struck out Mike Tauchman and pinch-hitter Gary Sánchez to end a matchup between the teams with the best records in baseball. But it was the play right before that to load the bases that left most everyone in the ballpark wondering what was going on. There were runners at first and second with one out when Gio Urshela hit...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH