Software as a Service (SaaS) Market worth US$ 418.92 Bn by 2025– The Software as a Service (SaaS) Market worth US$ 418. | Page 3
Software as a Service (SaaS) Market to 2025
The geographic segments that constitute this report are North America, Europe, APAC, Middle East Africa and South
America. Analysis concludes that North America leads adoption of SaaS model. APAC region observes highest
growth due to the adoption by SME’s particularly in countries like India and China. Developing countries on the
rising curve and increased standard of living of people are the key reasons found for the adoption of higher rates in
the APAC region.
The SaaS model has proved a boon particularly for the SME’s all over the world as they can save a lot on initial
capital costs and instead focus on their core product to reach the break-even point early. Lower Total Cost of
Ownership, easy scalability, less time to market of the product are the factors that are driving the adoptions of the
SaaS market globally. Also, the advent of Big Data & IoT, SaaS has found many applications in the two upcoming
technologies and consequently has an impact on the growth of the SaaS market.
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