Add 2 More Reports For 20% off

Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Software as a Service Market Outlook

The global software as a service market size reached approximately USD 294.20 billion in 2024. The market is projected to grow at a CAGR of 17.9% between 2025 and 2034, reaching a value of around USD 1,292.33 billion by 2034.

Global Software as a Service Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 294.20
Market Size 2034 USD Billion 1,292.33
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 17.9%
CAGR 2025-2034 - Market by Region North America 18.8%
CAGR 2025-2034 - Market by Country USA 19.0%
CAGR 2025-2034 - Market by Country UK 18.7%
CAGR 2025-2034 - Market by Deployment Public Cloud 18.9%
CAGR 2025-2034 - Market by Organisation Size Small and Medium Sized Enterprises 18.6%
Market Share by Country 2023 Italy 2.4%

Key Trends in the Market

Software as a service (SaaS) is a cloud-based software service that allows the end-user to access software applications over the internet, usually on a subscription basis. In the SaaS model, the service provider hosts and manages the software on a remote server and then provides access to users via web browsers or dedicated applications.

  • Organisations around the world are increasingly adopting IoT and cloud services to digitise their operations and adapt to changing market conditions, which is likely to boost the adoption of SaaS. The software as a service market growth has further accelerated with the rising adoption of remote work, pushing organisations to invest in cloud-based SaaS solutions for collaboration, communication, and productivity.
  • Enterprises across diverse sectors are harnessing the power of autonomous innovations to elevate their services and products. The integration of advanced technologies such as artificial intelligence and machine learning is one of the key global software as a service market trends as it has enabled SaaS solutions to evolve rapidly while enhancing operational efficiency and intelligence across various business domains.
  • There has been a noticeable increase in the adoption of hybrid cloud-based solutions within organisations, aiding the software as a service market demand. Moreover, an increasing number of enterprises are opting for hybrid cloud setups, which involve a combination of on-premises solutions and public cloud services to increase data security.

Market Analysis

Based on deployment, the market is segmented into public cloud, private cloud, and hybrid. The global software as a service market segmentation, on the basis of solution, includes customer relationship management (CRM), operations and manufacturing, enterprise resource planning (ERP), content management systems, human capital management (HCM), and supply chain management, among others.

CAGR 2025-2034 - Market by Country
USA 19.0%
UK 18.7%
China 18.5%
Germany 18.1%
Australia 17.3%
Canada XX%
France XX%
Italy XX%
Japan XX%
India XX%
Saudi Arabia XX%
Brazil XX%
Mexico 17.3%

The market, based on organisation size, is categorised into small and medium-sized enterprises and large enterprises. Based on end-use, the market is divided into IT and telecom, manufacturing, BFSI, healthcare, retail, education, and government, among others. The major regional markets for software as a service are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global software as a service market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.

  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce, Inc. 
  • Google LLC
  • SAP SE
  • Adobe Inc. 
  • Cisco Systems, Inc. 
  • IBM Corporation 
  • Accenture plc
  • Infosys Limited
  • Others

Market Share by Deployment

Private cloud is likely to represent a significant global software as a service market share in the coming years. This type of cloud deployment offers a substantial advantage as it combines the use of SaaS applications at the network's edge with a private cloud infrastructure. Furthermore, by adopting a private cloud infrastructure, organisations gain the ability to maintain a higher level of control over their data. Companies are increasingly investing in private cloud systems as it is vital to adhere to regulatory requirements and mitigate the risk of data breaches.

Market Share by Organisation Size

According to the global software as a service market analysis, large enterprises are expected to contribute significantly to the expansion of the market. The development can be attributed to the numerous advantages provided by SaaS solutions to large enterprises. These include cost-effectiveness, scalability, and flexibility, which are crucial for carrying out operations efficiently in large organisations.

Competitive Landscape

Infosys Limited is a major Indian multinational corporation that specialises in delivering a range of services related to information technology (IT). Their offerings encompass IT consulting, software development, and business process outsourcing. This company holds a prominent position in India's IT services sector and has its headquarters situated in Bengaluru, Karnataka, India.

Accenture plc is a prominent multinational professional services company. It offers a broad spectrum of services spanning management consulting, technology solutions, digital services, and outsourcing. The company is recognised for its global presence and serves clients across various sectors. Its headquarters is located in Dublin, Ireland. Over the operational years, Accenture has grown into one of the largest and most influential consulting and technology firms around the world.

IBM Corporation is a renowned American multinational technology and IT services company. Established in 1911, IBM has a rich history of innovation and has played a pivotal role in shaping the modern technology landscape. The company offers a diverse range of products and services, including hardware, software, cloud computing solutions, artificial intelligence, data analytics, and consulting services.

Other software as a service market players include Microsoft Corporation, Oracle Corporation, Salesforce, Inc., Google LLC, SAP SE, Adobe Inc., and Cisco Systems, Inc., among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Deployment
  • Solution
  • Organisation Size
  • End Use
  • Region
Breakup by Deployment
  • Public Cloud
  • Private Cloud
  • Hybrid
Breakup by Solution
  • Customer Relationship Management (CRM)
  • Operations and Manufacturing
  • Enterprise Resource Planning (ERP)
  • Content Management Systems
  • Human Capital Management (HCM)
  • Supply Chain Management
  • Others
Breakup by Organisation Size
  • Small and Medium Sized Enterprises
  • Large Enterprises
Breakup by End Use
  • IT and Telecom
  • Manufacturing
  • BFSI
  • Healthcare
  • Retail
  • Education
  • Government
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce, Inc. 
  • Google LLC
  • SAP SE
  • Adobe Inc. 
  • Cisco Systems, Inc. 
  • IBM Corporation 
  • Accenture plc
  • Infosys Limited
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 294.20 billion.

The market is projected to grow at a CAGR of 17.9% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 1,292.33 billion by 2034.

The increasing focus of enterprises on data security and the digitisation of different sectors are aiding the market expansion.

The market is driven by the increasing adoption of hybrid cloud-based solutions and the integration of artificial intelligence and machine learning in SaaS solutions.

The regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various solutions include customer relationship management (CRM), operations and manufacturing, enterprise resource planning (ERP), content management systems, human capital management (HCM), and supply chain management, among others.

The key players in the market are Microsoft Corporation, Oracle Corporation, Salesforce, Inc., Google LLC, SAP SE, Adobe Inc., Cisco Systems, Inc., IBM Corporation, Accenture plc, and Infosys Limited, among others.

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Selected Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Selected Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124