Global SaaS Market Set for 18.3% CAGR Through 2030, Driven by Cloud Shift and Industry-Specific Innovation
TechMarket Experts, a unit of Industry Experts, Inc., has released a new research publication, Software-as-a-Service (SaaS) - A Global Market Overview , forecasting that the worldwide SaaS market will surge from US$282 billion in 2024 to US$774 billion by 2030, registering a CAGR of 18.3% during the analysis period. As enterprises shift from monolithic software systems to cloud-native, scalable solutions, SaaS adoption is accelerating across business functions and verticals. According to this new report, demand is particularly strong among mid-sized companies and regulated sectors such as healthcare and financial services. The market is witnessing robust momentum across all regions. North America remains the largest regional market, supported by digital-first enterprise strategies, while Asia Pacific is the fastest-growing, driven by expanding internet infrastructure and aggressive cloud investments. SaaS platforms are becoming essential as organizations seek lower total...