SpendEdge, a global procurement market intelligence firm, has announced the release of their Global SaaS Category Procurement Market Intelligence Report.
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Global SaaS Category Procurement Market Intelligence Report (Graphic: Business Wire)
According to procurement experts, the SaaS market is headed for an accelerating spend momentum because of the extensive usage of vertical SaaS applications along with the growth of micro SaaS businesses, and the emergence of mobile-based SaaS applications. However, increasing data security concerns and limited internet connectivity will impede the SaaS market growth and fluctuate the SaaS pricing dynamics in some of the major economies. Read the Free Sample copy of this SaaS procurement market intelligence report to know more about this market.
Adoption of artificial intelligence (AI) and machine learning by the top SaaS companies in their service delivery models is attracting a large portion of the customer base in the US. This is significantly contributing to the SaaS market growth in the region. End-user industries in North America are accounting for increased usage of SaaS-based applications such as HCM, office suites, e-mails, and web conferencing which is propelling the SaaS market growth in the region. The current SaaS market in APAC is expected to grow at the fastest rate because of the increasing adoption of cloud computing software and rising demand for subcategories such as CRM from end-user industries.
This SaaS procurement market intelligence report offers a comprehensive analysis of the primary cost drivers and its subsequent impact on the overall SaaS pricing. Current supply market forecasts and the spend opportunities for the suppliers are also offered in this market intelligence report. In this report, the category spend is analyzed from the perspective of the buyers and the suppliers.
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"Buyers should also assess the customization capabilities of the SaaS applications which are crucial to determine the feasibility of these applications in their existing business infrastructure," says SpendEdge procurement expert Tridib Bora.
This procurement research report has estimated that the following cost drivers will influence the SaaS pricing dynamics and the overall SaaS market growth in the following years:
- Rising advertising and promotional costs will result in the category price growth
- Increasing cyberattacks will contribute to the category risk
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SpendEdge's procurement market intelligence reports for the information technology category provide detailed supply market forecasts and information on cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge's reports provide category management insights and information on the procurement best practices for the category.
Report scope snapshot: SaaS
US market insights
- Supplier cost structure in the US
- Margins of suppliers in the US
- Overall SaaS pricing outlook
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Best practices
- Procurement excellence best practices
- Procurement best practices
- Sustainability practices
- Want customized information from the SaaS procurement research report? Get in touch
Category ecosystem
- Competitiveness index for suppliers
- Buyer power
- Supplier power score
- To view the table of contents of this market intelligence report,Download a FREE sample
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Related Reports:
- Global Enterprise Application Category Procurement Market Intelligence Report
- Global Data Center Services Category Procurement Market Intelligence Report
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal
View source version on businesswire.com: https://www.businesswire.com/news/home/20190201005232/en/
Contacts:
SpendEdge
Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us
