Software as a ServiceBeta
Asia
Revenue
in the Software as a Service market in million US$
Reading Support Revenue in the Software as a Service segment is projected to reach US$27,043.6m in 2021.
Revenue Growth
in the Software as a Service market in percent
Reading Support The Software as a Service segment is expected to show a revenue growth of 28.0% in 2022.
Analyst Opinion
Software as a Service (SaaS) is the largest segment of the Public Cloud market, comprising more than half of the total market size. Growth in this segment will continue to slightly slow down in the coming years. SaaS products comprise any available on-premises software and thus offer software solutions that can be used in various industries. For this reason, the market concentration in the SaaS segment is quite low, as many very different products are offered by several companies. Software as a Service is becoming increasingly attractive to companies looking for accessibility and diversity of software solutions. Therefore, the global COVID-19 pandemic will accelerate the adoption of Software as a Service worldwide.

Spend per Employee
in the Software as a Service market in US$
Reading Support The average Total Spend per Employee is projected to reach US$10.12 in 2021.
Key Market Indicators
The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.
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Population in m Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices | ||||||||||||||||||||||
Business cycle Click arrow to expand | ||||||||||||||||||||||
Unemployment rate in % The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. The data is based on national estimates. The definitions of labor force and unemployment differ by country. | Source: Statista, based on IMF WEOD, World Bank and ILO | ||||||||||||||||||||||
Telecommunication Click arrow to expand | ||||||||||||||||||||||
Internet users in m Number of people in the selected region using the internet | Source: Statista, based on ITU and national statistical offices | ||||||||||||||||||||||
Mobile subscriptions, total in m The indicator shows subscriptions to the Public Switched Telephone Network (PSTN) using cellular technology. Included are only subscriptions that also allow voice communication, pure data and M2M (machine to machine) connections are not included. | Source: Statista, based on ITU, trade assocations and national regulatory institutions | ||||||||||||||||||||||
GDP, per capita (current prices) Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB | ||||||||||||||||||||||
Internet penetration in % Estimated share of the total population in the selected region using the internet | Source: Statista, based on ITU and national statistical offices | ||||||||||||||||||||||
Source: Statista, January 2021 |
Related content
Here you can find more studies and statistics about "Software as a Service".
Statistics
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