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 Press Releases

Michael Jackson accusers detail road to 'Leaving Neverland'

Feb 21, 2019

PARK CITY, Utah — Wade Robson and James Safechuck didn't know what to think when the lights went up after the first public screening of "Leaving Neverland" late last month at the Sundance Film Festival. In the 236-minute documentary that will air in two parts on HBO and Britain's Channel 4 in March, both describe, in harrowing detail, how they say Michael Jackson sexually abused them as boys. It was the second time they'd seen it and the first with an audience. At intermission director Dan Reed even wondered whether or not they were going to be able to make...

'Empire' actor goes from victim to accused felon in 3 weeks

Feb 21, 2019

CHICAGO — The whispers about "Empire" actor Jussie Smollett started with reports that he had not fully cooperated with police after telling authorities he was attacked in Chicago by two men who hurled racist, anti-gay slurs and looped a rope around his neck. Then detectives in a city bristling with surveillance cameras could not find video of the beating. Later, two brothers were taken into custody for questioning but were released after two days, with police saying they were no longer suspects. Following three weeks of mounting suspicions, Smollett was charged Wednesday with making a false police report, a charge...

Ego, publicity at stake when stars and TV critics meet

Feb 21, 2019

PASADENA, Calif. — Jerrod Carmichael, lamenting what he called the "terrible" state of TV comedy, asked his audience if they'd seen some of it. Staring back at the comedian was a hotel ballroom filled with journalists whose job it is to cover television. "I think they see all of it," helpfully offered Ramy Youssef, his fellow producer and star of their new Hulu sitcom. "Poor y'all," Carmichael said, a sympathetic coda to a semiannual event in which broadcast networks, cable channels and streaming platforms parade the shows and stars they hope will get attention from the 250 members of the...

Brothers in Smollett case are bodybuilders, aspiring actors

Feb 21, 2019

CHICAGO — An attorney representing the brothers at the center of an investigation into the attack reported by Jussie Smollett said Wednesday that her clients "manned up" and testified in front of a grand jury, before prosecutors charged the "Empire" actor with filing a false police report. Gloria Schmidt spoke to reporters outside a Chicago courthouse where the brothers met with the grand jury, which was collecting evidence in the case. Without providing details, she said the two men accepted money from Smollett and wanted to come clean. She said they weren't motivated by any promises from prosecutors. "There was...

'Empire' actor charged with making false police report

Feb 21, 2019

CHICAGO — "Empire" actor Jussie Smollett was charged Wednesday with making a false police report when he said he was attacked in downtown Chicago by two men who hurled racist and anti-gay slurs and looped a rope around his neck, police said. Police spokesman Anthony Guglielmi said prosecutors charged Smollett with felony disorderly conduct, an offense that could bring one to three years in prison and force the actor to pay for the cost of the investigation into his report of a Jan. 29 beating. Authorities were trying to get in touch with Smollett's attorneys to "negotiate a reasonable surrender,"...

Broaden News

Reporter Pass is the only access you need to get into Hollywood. No matter it’s the red carpet event or backstage access, we’ve got you covered.

Contact us: sales@reppass.com

Award ShowsCelebrityPaparazziRoyaltyMoviesMusicTelevision Programs Press Releases