Software as a Service (SaaS) is a distribution model which delivers applications over the internet.
Portland, OR -- (SBWIRE) -- 06/13/2018 -- It enables users to connect to and employ cloud-based apps over the internet. The applications are hosted by a third-party provider and made available to the end-user through the internet. SaaS belongs to one of the types of cloud computing, besides infrastructure as a service (IaaS) and platform as a service (PaaS). The model eliminates the need for companies to install and run applications on their own computers. It also cuts the expense of hardware acquisition, provisioning and maintenance, and software licensing, installation and support.
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Market Drivers and Restraints
The report examines the drivers and restraints that cause the Software as a Service market to grow or lag. Factors such as growing business outsourcing for software & services, the increasing number of specialized SaaS applications, and the increased mobile access to SaaS propel the market growth. However, the concerns related to data security, lack of integration, and the need for constant and high-speed internet connectivity limit the growth of the SaaS industry.
By Deployment Model
Enterprise Resource Planning (ERP)
Customer Relationship Management (CRM)
Human Resource Management (HRM)
Supply Chain Management (SCM)
Others (business intelligence, messaging & collaboration, compliance, web conferencing platforms)
By End Users
Small & Medium Enterprises (SMEs)
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Key Market Players
The report studies the software as a service market, focusing on the top manufacturers in the market on a global basis. They key market players noted in the study include Amazon.com, Inc., ADP, LLC, Google, Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, Fujitsu Limited, and Workday, Inc.
Key Takeaways from the Report
The report offers an in-depth analysis of the overall Software as a Service (SaaS) market, covering aspects such as market size, market share, trends, drivers and restraints, Porter's analysis, market segmentation, and company profiles.
The report is a compilation of qualitative and quantitative assessment by industry analysts and inputs from industry experts, making it a useful tool for market players, investors, and others interested in the SaaS industry.
The report offers a comprehensive analysis of the state of the SaaS market across the various geographical regions mentioned in the report. This helps in identifying the prevailing opportunities in the regions.
The SaaS market analysis is performed by studying the current market trends and future market potential for the period, 2018-2025.
The Porter's Analysis comprises the bargaining power of buyers and suppliers, threat to substitutes, industry rivalry, and threat to new entrants.
Key manufacturers in the global SaaS market are profiled in the report along with the recent developments to understand the competitive landscape of the industry.