Software as a Service - France | Statista Market Forecast

Revenue in the Software as a Service market is projected to reach US$9.08bn in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.21%, resulting in a market volume of US$20.95bn by 2029.
In global comparison, most revenue will be generated United States (US$187.20bn in 2024).

Definition:

Software as a Service (SaaS) refers to the type of public cloud service that delivers software applications over the internet on a subscription basis. Users can access and use the software through web browsers without having to install or maintain it locally. SaaS eliminates the need for purchasing, installing, and updating software, thus offering convenience and automatic updates while allowing users to focus on using the software to meet their requirements. The SaaS market includes the companies that provide these types of cloud-based software resources and services to individuals, businesses, and organizations. A typical example of this type of service is Microsoft Office 365, an SaaS suite of applications (e.g., Word, Excel, and PowerPoint) available for purchase by subscription and accessible via a web browser.

Additional Information:

The Software as a Service (SaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the SaaS market include companies such as Microsoft (Office 365), Salesforce (Customer 360), Oracle (Cloud applications), and IBM (Cloud).

For more information on the data displayed, use the info button right next to the boxes.

Enterprise software, such as SAP ERP, Oracle ERP Cloud, Salesforce CRM, and Microsoft Dynamics365
Productivity software, such as Microsoft 365, Google Workspace, and Adobe Creative Cloud

System infrastructure software, such as Microsoft Windows Operating System and Linux Operating System
On-premises software, such as on-premises versions of Microsoft Office, SAP ERP, and Oracle Database
Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite

The Software as a Service market in the Public Cloud Market in France is experiencing moderate growth, driven by factors such as increasing adoption of cloud technologies, growing demand for online services, and convenience offered by SaaS solutions. However, this growth rate is being impacted by factors such as competition, data privacy concerns, and regulatory challenges.

Customer preferences: As consumers become more technologically savvy, there is a growing preference for Software as a Service solutions within the Public Cloud Market in France. This is particularly evident in the rise of cloud-based project management and collaboration tools, as well as virtual event platforms for remote work and communication. This trend is driven by a changing work culture and lifestyle, with an increasing demand for flexibility, efficiency, and remote accessibility.

Trends in the market: In France, the Software as a Service Market within the Public Cloud Market is experiencing an increasing demand for cloud-based solutions due to the widespread adoption of remote work and digital transformation initiatives. This trend is expected to continue, with a focus on cost efficiency and scalability. Additionally, there is a growing trend of using Software as a Service for specific industries, such as healthcare, retail, and finance, to improve operational efficiency and customer experience. This trend is significant as it offers a more flexible and accessible solution for businesses and consumers alike. However, it may also pose cybersecurity risks and challenges for data privacy and compliance. Overall, industry stakeholders must adapt to these evolving trends and ensure proper security measures to fully leverage the potential of Software as a Service in the public cloud market.

Local special circumstances: In France, the Software as a Service Market within the Public Cloud Market is heavily influenced by the country's strict data privacy laws and regulations. This has led to a strong focus on data security and compliance within the market, driving the demand for secure and reliable SaaS solutions. Additionally, the country's strong emphasis on sustainability and environmental consciousness has also influenced the market, with a growing demand for eco-friendly and energy-efficient cloud solutions. Furthermore, France's highly skilled workforce and advanced technological infrastructure have propelled the country to become a major player in the European public cloud market.

Underlying macroeconomic factors: The Software as a Service Market within the Public Cloud Market in France is influenced by macroeconomic factors such as the country's economic stability, government policies, and investments in technology. France's strong economy and favorable regulatory environment have created a conducive market for SaaS growth. Moreover, the country's increasing adoption of digital transformation and its investments in cloud technologies have further accelerated the growth of the SaaS market. Additionally, the rising demand for cost-effective and efficient software solutions, coupled with the growing trend of remote work, is expected to drive the demand for SaaS in France. These factors, along with the country's robust infrastructure and skilled workforce, make France a highly attractive market for SaaS within the public cloud market.

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.