market report

Global Software as a Service (SaaS) Market Dynamics - Insights & Projections

This report provides comprehensive insights and detailed statistics on the cloud computing SaaS sphere, offering a panoramic view of market trends and growth projections. Essential for understanding SaaS market development and its impact on digital transformation.

Global Software as a Service
(SaaS) 2024 Market Dynamics:
Insights and Projections

Format: PDF | 25 pages | Region: Worldwide |
April 2024 | Delivery: Immediate

Key findings

The SaaS market is expected to continue its growth trajectory, with a forecast to hit a valuation of approximately $232 billion by 2024.
The Infrastructure as a Service (IaaS) segment is projected to expand significantly, with a growth rate of 32.7% from 2022 to 2024.
In 2023, 75% of enterprises reported using Microsoft Azure, with a hybrid cloud strategy being deployed by 72% of enterprise respondents.
The United States leads with about 9100 SaaS companies, while the United Kingdom follows with 1500 companies as of 2024.
As of September 2023, Zoho led the CRM SaaS sector, earning revenues exceeding $500 million.
Cloud security spending is forecasted to grow nearly 25% from 2023 to 2024, highlighting the increasing shift of companies towards cloud solutions.
As of January 2024, the leading industry for SaaS was artificial intelligence software, followed by analytics, e-commerce, and security software industries.
The global public cloud service market is anticipated to reach an estimated $679 billion in 2024.

And much more.

Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2024 (in billion U.S. dollars)

Inside the report

<span data-buffer="">Overview<span data-buffer="">

Information technology (IT) services spending forecast worldwide from 2008 to 2024
Public cloud services end-user spending worldwide from 2017 to 2024
Public cloud services annual growth rate worldwide in 2022 to 2024, by segment
Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2024

Segments

Enterprise spending on cloud and data centers by segment from 2009 to 2022
As-a-service market (IaaS & SaaS) annual contract value (ACV) worldwide from 2015 to 2023, by quarter
Leading software as a service (SaaS) countries worldwide in 2024, by number of companies
Leading B2B software as a service (SaaS) customer relationship management (CRM) companies worldwide in 2023, by total revenue
IT security spending growth rate worldwide in 2024, by segment

Companies

Consumption

Current enterprise public cloud adoption worldwide from 2017 to 2023, by service
Enterprise annual spend on public cloud worldwide from 2023, by amount of spend
Enterprise cloud strategy worldwide from 2017 to 2023, by cloud type
Leading industries for Software as a Service (SaaS) companies worldwide as of January 2024, by number of costumers

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Global Software as a Service market analysis report

Global Software as a Service (SaaS) Market Dynamics - Insights & Projections

Key findings

Inside the report

<span data-buffer="">Overview<span data-buffer="">

Segments

Companies

Consumption

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