Global Software as a Service (SaaS) Market Growth (Status and Outlook) 2025-2031

Global Software as a Service (SaaS) Market Growth (Status and Outlook) 2025-2031

The global Software as a Service (SaaS) market size is predicted to grow from US$ 108230 million in 2025 to US$ 270930 million in 2031; it is expected to grow at a CAGR of 16.5% from 2025 to 2031.

United States market for Software as a Service (SaaS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Software as a Service (SaaS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Software as a Service (SaaS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Software as a Service (SaaS) players cover IBM, Oracle Corporation, Microsoft, Fujitsu, Google, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Software as a Service (SaaS) Industry Forecast” looks at past sales and reviews total world Software as a Service (SaaS) sales in 2024, providing a comprehensive analysis by region and market sector of projected Software as a Service (SaaS) sales for 2025 through 2031. With Software as a Service (SaaS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Software as a Service (SaaS) industry.

This Insight Report provides a comprehensive analysis of the global Software as a Service (SaaS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Software as a Service (SaaS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Software as a Service (SaaS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Software as a Service (SaaS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Software as a Service (SaaS).

This report presents a comprehensive overview, market shares, and growth opportunities of Software as a Service (SaaS) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Private Cloud
Public Cloud
Hybrid Cloud

Segmentation by Application:
Customer Relationship Management (CRM)
Enterprise Resource Planning (ERP)
Human Resource Management (HRM)
Supply Chain Management (SCM)
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Oracle Corporation
Microsoft
Fujitsu
Google
Salesforce
Workday
ADP
SAP SE

Please note: The report will take approximately 2 business days to prepare and deliver.