LONDON--(BUSINESS WIRE)--Feb 1, 2019--SpendEdge, a global procurement market intelligence firm, has announced the release of their
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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. 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.
Want personalized information? of the market intelligence report on SaaS here!
“ 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 growthIncreasing cyberattacks will contribute to the category risk
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 USMargins of suppliers in the USOverall SaaS pricing outlookInterested to know more about the scope of our market intelligence reports?
Best practices
Procurement excellence best practicesProcurement best practicesSustainability practicesWant customized information from the SaaS procurement research report?
Category ecosystem
Competitiveness index for suppliersBuyer powerSupplier power scoreTo view the table of contents of this market intelligence report,
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SOURCE: SpendEdge
Copyright Business Wire 2019.
PUB: 02/01/2019 08:30 AM/DISC: 02/01/2019 08:30 AM
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