Software-As-A-Service (SaaS) Market Growth Driven by 27.45% CAGR Over 2024-2031 The global Software-As-A-Service (SaaS) Market size, valued at USD 192.84 billion in 2023, is expected to soar to USD 1140.93 billion by 2031, growing at a CAGR of 27.45% from 2024 to 2031. SaaS, a cloud-based software distribution model, is driving significant technological advancements, offering scalable, flexible, and cost-effective solutions for businesses across the globe. The surge in demand for SaaS is largely driven by growing cloud adoption, the shift to subscription-based models, and digital transformation efforts across multiple industries. SaaS is a software distribution paradigm where applications are hosted by third-party providers and delivered over the internet. This enables users to access software from any device with an internet connection, facilitating remote work and seamless collaboration. SaaS applications are typically licensed on a subscription basis, with updates, maintenance, and support included in the pricing. Download Full PDF Sample Copy of Research Report @ https://www.verifiedmarketresearch.com/download-sample/?rid=54993