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SaaS Management Platform Market Analysis By Type(SaaS Subscription Management, SaaS User Management, SaaS Vendor Management, Cloud Vendor Management), By Enterprise Size(SMEs, Large Enterprise), By End User(BFSI, e-commerce, Education, IT & Telecom, Healthcare, Education, Manufacturing) & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 221
  • CATEGORY
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The SaaS Management Platform market size is estimated at USD 2,525.6 million in 2022 and is expected to reach USD 8,346.7 million by 2031, growing at a CAGR of 17% from 2022 to 2031. Growing need for managing SaaS licenses, SaaS vendors and contracts among enterprises are expected to drive the SaaS management platform market during the forecast period.

Rapid shift to the cloud-based software and applications is one of the major factor which is likely to fuel the demand for the SaaS management platform (SMP) across the world. The recent COVID-19 pandemic has created additional demand for the cloud-based applications in order to provide better remote working set up to employees. Therefore, companies are striving to be as efficient as possible and hence deploying SaaS management platforms to help enterprises in efficiently managing all cloud/SaaS based applications. Since majority of the companies has an average of more than 600 applications, the cost and management of the company-wide SaaS constellation could quickly get out of control. This poses problems for IT professionals trying to manage SaaS vendor licenses and optimize their environments. Therefore, enterprises are acquiring SaaS management platforms in order to optimize total cost of ownership, reduces risk and delivers critical knowledge of application utilization.

However, several enterprises across the world are still reliant on traditional IT management system including SaaS-based applications as well. Many organizations are struggling to manage multiple software applications, specifically SaaS applications at the same time without automation. Therefore, manual management of SaaS applications across enterprises are likely to hinder the growth of this market across the globe.

Currently, almost 70% of enterprises are investing in public cloud and SaaS offerings and will continue to do so in coming years also. This will lead to a proliferation of these administrative interfaces and repeat tasks, further increasing the burden on IT administrators. They already spent too much time on technical tasks. These tasks will not directly increase business value and must be handled independently.

During COVID-19 technology companies transitioning to a software as a service (SaaS) model, in which software is licensed on a subscription basis and hosted centrally, are set to realise significant benefits including increased revenue, reduced time to market and improved customer reach. Before COVID-19, SaaS was increasingly favoured due to the steady rise in the subscription-based economy. During COVID-19, SaaS app usage across all companies is up 30%, and spend is up 50%.

During COVID-19, businesses need to take their workforce remotely, this in turn increases the adoption of SaaS based software tools and applications. COVID-19 accelerate migration from on-premise to the SaaS (cloud). The SaaS tools enable remote collaboration and ensure more secure technology environments shift to remote-first work. During the initial shift to remote work caused by Covid-19, SaaS spending is expected to rose by 26% compared to the previous year. According to ZYLO SaaS Management Benchmark report , SaaS spending across all categories rose by 14%. This increased spending directly translates to an increase in the quantity of SaaS applications and this in turn indirectly increases the need for SaaS management tool to mange the SaaS application.

Notable investments due to increasing Remote work (COVID-19):

·         Web conferencing (22%)

·         Identity management (45%)

·         IT security (26%)

·         Virtual private networks (129%)

·         Data security (132%)

Regional Insights

By region, the global SaaS Management Platform market is segmented into North America, Europe, Asia-Pacific, Central and South America, and the Middle East and Africa. North America accounted for a large share of the global market in 2021 at ~35%. In North America, U.S. is the hub of advanced technology. North America is expected to witness high-speed network connectivity and advancement in technologies during the next two to three years, which is expected to play a key role in the growth of the SaaS Management Platform market. A higher growth rate for the market in eastern countries is expected during the long-term due to the lower penetration of SaaS-based applications in U.S. as compared to other region. However, Asia Pacific is estimated to be the fastest growing SaaS Management Platform market in the world during the forecast period. Adoption of SaaS based software and application saw a significant surge in Asia Pacific. This is primarily due to the increasing adoption trend of smartphone and availability of high speed internet across various countries such India, South Korea, etc. Hence this would have expected to fuel the demand for SaaS Management Platform during the forecast period.

Key Companies Insights

Kaseya, CoreView, Lyme, Zylo, Apptio and Chargebee are expected to lead in market share (%) and broad customer reach. The market is moderately fragmented, with various key players operating on global scale. Market players are focusing on new product launch and upgradation of existing product by implementing new technology to increase the features and strengthen their global footprint. During COVID-19 pandemic SaaS Management Platform vendors are focused on organic and inorganic growth strategy such as strategic collaborations and merger and acquisition activities with competitors or technology partners to develop innovative and advanced solutions to improve their offerings and market reach. For instance, in March 2021, CoreView has introduced a new add-on tool to get even deeper insight into Microsoft Teams. Adding new functionality to CoreView’s SaaS management platform (SMP) empowers customers to make the best decisions for their digital workplace through automation and enhanced governance. In October 2020, Apptio, Inc., has acquired SaaSLicense, a software-as-a-service (SaaS) discovery, optimization, and management product. In In October 2019, CoreView has acquired Alpin, a provider of management solution for identifying and managing SaaS applications to accelerate IT operations.

Some of the key players operating in the global SaaS Management Platform market include:

·         BetterCloud

·         Quadrotech

·         Chargebee

·         AvePoint

·         Basaas

·         Zylo

·         Binadox

·         Applogie LLC

·         Apptio

·         CoreView

·         LeanIX GmbH

·         Kaseya

·         Blissfully Tech

·         Others

Segments

By Type

·         SaaS Subscription Management

·         SaaS User Management

·         SaaS Vendor Management

·         Cloud Vendor Management

By Enterprise Size

·         SMEs

·         Large Enterprise

By End User

·         BFSI

·         e-commerce

·         Education

·         IT & Telecom

·         Healthcare

·         Education

·         Manufacturing

·         Others


Global SaaS Management Platform Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global SaaS Management Platform market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global SaaS Management Platform Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 SaaS Management Platform Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of SaaS Management Platform
1.3 SaaS Management Platform Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of SaaS Management Platform
1.4.2 Applications of SaaS Management Platform
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 CoreView Market Performance Analysis
3.1.1 CoreView Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 CoreView Sales, Value, Price, Gross Margin 2016-2021
3.2 Applogie Market Performance Analysis
3.2.1 Applogie Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Applogie Sales, Value, Price, Gross Margin 2016-2021
3.3 Zylo Market Performance Analysis
3.3.1 Zylo Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Zylo Sales, Value, Price, Gross Margin 2016-2021
3.4 Kaseya Market Performance Analysis
3.4.1 Kaseya Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Kaseya Sales, Value, Price, Gross Margin 2016-2021
3.5 Apptio Market Performance Analysis
3.5.1 Apptio Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Apptio Sales, Value, Price, Gross Margin 2016-2021
3.6 SaaSLicense Market Performance Analysis
3.6.1 SaaSLicense Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 SaaSLicense Sales, Value, Price, Gross Margin 2016-2021
3.7 Lyme Market Performance Analysis
3.7.1 Lyme Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Lyme Sales, Value, Price, Gross Margin 2016-2021
3.8 Alpin Market Performance Analysis
3.8.1 Alpin Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Alpin Sales, Value, Price, Gross Margin 2016-2021
3.9 MailSlurp Market Performance Analysis
3.9.1 MailSlurp Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 MailSlurp Sales, Value, Price, Gross Margin 2016-2021
3.10 Cloudability Market Performance Analysis
3.10.1 Cloudability Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Cloudability Sales, Value, Price, Gross Margin 2016-2021
3.11 Quadrotech Market Performance Analysis
3.11.1 Quadrotech Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Quadrotech Sales, Value, Price, Gross Margin 2016-2021
3.12 Binadox Market Performance Analysis
3.12.1 Binadox Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Binadox Sales, Value, Price, Gross Margin 2016-2021
3.13 Basaas Market Performance Analysis
3.13.1 Basaas Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Basaas Sales, Value, Price, Gross Margin 2016-2021
3.14 AvePoint Market Performance Analysis
3.14.1 AvePoint Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 AvePoint Sales, Value, Price, Gross Margin 2016-2021
3.15 Chargebee Market Performance Analysis
3.15.1 Chargebee Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Chargebee Sales, Value, Price, Gross Margin 2016-2021
3.16 BetterCloud Market Performance Analysis
3.16.1 BetterCloud Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 BetterCloud Sales, Value, Price, Gross Margin 2016-2021
3.17 Cleanshelf Market Performance Analysis
3.17.1 Cleanshelf Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Cleanshelf Sales, Value, Price, Gross Margin 2016-2021
3.18 Aspera Technologies Market Performance Analysis
3.18.1 Aspera Technologies Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Aspera Technologies Sales, Value, Price, Gross Margin 2016-2021
3.19 Blissfully Tech Market Performance Analysis
3.19.1 Blissfully Tech Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 Blissfully Tech Sales, Value, Price, Gross Margin 2016-2021
3.20 Billisimo Market Performance Analysis
3.20.1 Billisimo Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Billisimo Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global SaaS Management Platform Production and Value by Type
4.1.1 Global SaaS Management Platform Production by Type 2016-2021
4.1.2 Global SaaS Management Platform Market Value by Type 2016-2021
4.2 Global SaaS Management Platform Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 SaaS Subscription Management Market Production, Value and Growth Rate
4.2.2 SaaS User Management Market Production, Value and Growth Rate
4.2.3 SaaS Vendor Management Market Production, Value and Growth Rate
4.2.4 Cloud vendor management Market Production, Value and Growth Rate
4.3 Global SaaS Management Platform Production and Value Forecast by Type
4.3.1 Global SaaS Management Platform Production Forecast by Type 2021-2026
4.3.2 Global SaaS Management Platform Market Value Forecast by Type 2021-2026
4.4 Global SaaS Management Platform Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 SaaS Subscription Management Market Production, Value and Growth Rate Forecast
4.4.2 SaaS User Management Market Production, Value and Growth Rate Forecast
4.4.3 SaaS Vendor Management Market Production, Value and Growth Rate Forecast
4.4.4 Cloud vendor management Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global SaaS Management Platform Consumption and Value by Application
5.1.1 Global SaaS Management Platform Consumption by Application 2016-2021
5.1.2 Global SaaS Management Platform Market Value by Application 2016-2021
5.2 Global SaaS Management Platform Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 SME (Small and Medium Enterprises) Market Consumption, Value and Growth Rate
5.2.2 Large Enterprise Market Consumption, Value and Growth Rate
5.3 Global SaaS Management Platform Consumption and Value Forecast by Application
5.3.1 Global SaaS Management Platform Consumption Forecast by Application 2021-2026
5.3.2 Global SaaS Management Platform Market Value Forecast by Application 2021-2026
5.4 Global SaaS Management Platform Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 SME (Small and Medium Enterprises) Market Consumption, Value and Growth Rate Forecast
5.4.2 Large Enterprise Market Consumption, Value and Growth Rate Forecast

6 Global SaaS Management Platform by Region, Historical Data and Market Forecasts
6.1 Global SaaS Management Platform Sales by Region 2016-2021
6.2 Global SaaS Management Platform Market Value by Region 2016-2021
6.3 Global SaaS Management Platform Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global SaaS Management Platform Sales Forecast by Region 2021-2026
6.5 Global SaaS Management Platform Market Value Forecast by Region 2021-2026
6.6 Global SaaS Management Platform Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State SaaS Management Platform Value and Market Growth 2016-2021
7.2 United State SaaS Management Platform Sales and Market Growth 2016-2021
7.3 United State SaaS Management Platform Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada SaaS Management Platform Value and Market Growth 2016-2021
8.2 Canada SaaS Management Platform Sales and Market Growth 2016-2021
8.3 Canada SaaS Management Platform Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany SaaS Management Platform Value and Market Growth 2016-2021
9.2 Germany SaaS Management Platform Sales and Market Growth 2016-2021
9.3 Germany SaaS Management Platform Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK SaaS Management Platform Value and Market Growth 2016-2021
10.2 UK SaaS Management Platform Sales and Market Growth 2016-2021
10.3 UK SaaS Management Platform Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France SaaS Management Platform Value and Market Growth 2016-2021
11.2 France SaaS Management Platform Sales and Market Growth 2016-2021
11.3 France SaaS Management Platform Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy SaaS Management Platform Value and Market Growth 2016-2021
12.2 Italy SaaS Management Platform Sales and Market Growth 2016-2021
12.3 Italy SaaS Management Platform Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain SaaS Management Platform Value and Market Growth 2016-2021
13.2 Spain SaaS Management Platform Sales and Market Growth 2016-2021
13.3 Spain SaaS Management Platform Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia SaaS Management Platform Value and Market Growth 2016-2021
14.2 Russia SaaS Management Platform Sales and Market Growth 2016-2021
14.3 Russia SaaS Management Platform Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China SaaS Management Platform Value and Market Growth 2016-2021
15.2 China SaaS Management Platform Sales and Market Growth 2016-2021
15.3 China SaaS Management Platform Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan SaaS Management Platform Value and Market Growth 2016-2021
16.2 Japan SaaS Management Platform Sales and Market Growth 2016-2021
16.3 Japan SaaS Management Platform Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea SaaS Management Platform Value and Market Growth 2016-2021
17.2 South Korea SaaS Management Platform Sales and Market Growth 2016-2021
17.3 South Korea SaaS Management Platform Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia SaaS Management Platform Value and Market Growth 2016-2021
18.2 Australia SaaS Management Platform Sales and Market Growth 2016-2021
18.3 Australia SaaS Management Platform Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand SaaS Management Platform Value and Market Growth 2016-2021
19.2 Thailand SaaS Management Platform Sales and Market Growth 2016-2021
19.3 Thailand SaaS Management Platform Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil SaaS Management Platform Value and Market Growth 2016-2021
20.2 Brazil SaaS Management Platform Sales and Market Growth 2016-2021
20.3 Brazil SaaS Management Platform Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina SaaS Management Platform Value and Market Growth 2016-2021
21.2 Argentina SaaS Management Platform Sales and Market Growth 2016-2021
21.3 Argentina SaaS Management Platform Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile SaaS Management Platform Value and Market Growth 2016-2021
22.2 Chile SaaS Management Platform Sales and Market Growth 2016-2021
22.3 Chile SaaS Management Platform Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa SaaS Management Platform Value and Market Growth 2016-2021
23.2 South Africa SaaS Management Platform Sales and Market Growth 2016-2021
23.3 South Africa SaaS Management Platform Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt SaaS Management Platform Value and Market Growth 2016-2021
24.2 Egypt SaaS Management Platform Sales and Market Growth 2016-2021
24.3 Egypt SaaS Management Platform Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE SaaS Management Platform Value and Market Growth 2016-2021
25.2 UAE SaaS Management Platform Sales and Market Growth 2016-2021
25.3 UAE SaaS Management Platform Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia SaaS Management Platform Value and Market Growth 2016-2021
26.2 Saudi Arabia SaaS Management Platform Sales and Market Growth 2016-2021
26.3 Saudi Arabia SaaS Management Platform Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

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