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The Software As A Service (SaaS) Global Market Report 2022-31 by The Business Research Company describes and explains the global software as a service (SaaS) market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Software As A Service (SaaS) Global Market Opportunities And Strategies Report covers software as a service (SaaS) market drivers, software as a service (SaaS) market trends, software as a service (SaaS) market segments, software as a service (SaaS) market growth rate, software as a service (SaaS) market major players, software as a service (SaaS) market size and a special focus on identifying the trends, opportunities, and strategies that can lead to success.

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The Software As A Service (SaaS) Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. O&S reports are available off the shelf and can be delivered to clients on the day of purchase. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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A key software as a service (SaaS) market trend:

The demand for artificial intelligence (AI) has been increasing in the software as a service (SaaS) market for several reasons. For instance, it can increase productivity and efficiency while automating repetitive tasks, and supporting human capabilities. Artificial intelligence (AI) is concerned with building smart machines capable of performing tasks that typically require human intelligence. Artificial Intelligence (AI) is expanding across various industries especially in information technology. Artificial Intelligence is helping optimize businesses around the world and is projecting a market value of $733.7 billion by 2027. AI helps the SaaS industry in three major ways, it provides personalization, speed and improved security. For personalization solutions, AI offers the use of technologies such as natural language processing (NLP) which can be activated by human speech and voice control. To offer better speed, AI speeds up various operations across the business and internal processes to attain faster answers, make quick forecasts and to offer rapid responsiveness. For improved security, AI uses its unique ability of machine learning to recognize patterns, SaaS security is enhanced by the quick identification and remedy of potential threats with built-in self-recovery.

The report covers the software as a service (SaaS) market segments:

1) By Application: Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Resource Management (HRM), Manufacturing and Operations, Supply Chain Management (SCM)

2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud

3) By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises

4) By End User: Manufacturing, Retail, Education, Healthcare, IT & Telecom, BFSI, Others

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