NEW YORK, Aug. 31, 2022 /PRNewswire/ — The “Software As A Service (SaaS) Market Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the SaaS market between 2020 and 2025 is USD 99.99 billion, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 11%. Technavio categorizes the global software as a service (SaaS) market as a part of the global application software market. Our report provides extensive information on the value chain analysis for the software as a service (SaaS) market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period. The increasing use of AI-enabled SaaS will significantly drive the growth of the market. In addition, the increasing use of vertical SaaS is one of the primary software as a service market trends. However, the issues associated with system integration will be a major challenge for the software as a service (SaaS) market during the forecast period.
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The software as a service (SaaS) market report is segmented by Deployment (Public cloud, Private cloud, and Hybrid cloud) and Geography (North America, EuropeAPAC, South Americaand MEA).
- Regional Opportunities: 52% of the market’s growth will originate from North America during the forecast period. The US is the key market for software as a service (SaaS) market in North America. Market growth in this region will be slower …