Dublin, Nov. 12, 2024 (GLOBE NEWSWIRE) — The "North America Software as a Service Market, By Country, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com’s offering. The North America Software as a Service Market was valued at USD 110.92 billion in 2023, and is expected to reach USD 313.20 billion by 2029, rising at a CAGR of 18.71% The North America Software as a Service (SaaS) market continues to experience robust growth, driven by the rapid digital transformation across various industries and the increasing adoption of cloud-based solutions. In 2024, this market is characterized by its dynamic nature, marked by technological advancements, evolving customer needs, and a competitive landscape with numerous players offering diverse solutions. SaaS has become integral to business operations, providing scalable, cost-effective, and flexible solutions for organizations of all sizes. Key drivers of this growth include the increasing demand for digital transformation initiatives, which are compelling organizations to migrate from traditional on-premises software to cloud-based solutions. The need for improved operational efficiency, cost reduction, and the ability to access real-time data are significant factors pushing businesses towards SaaS. Moreover, the ongoing shift towards remote and hybrid work models has accelerated the demand for […]
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