PUBLISHER: QYResearch | PRODUCT CODE: 1866798
PUBLISHER: QYResearch | PRODUCT CODE: 1866798
The global market for SaaS Spend Management Software was estimated to be worth US$ 935 million in 2024 and is forecast to a readjusted size of US$ 2139 million by 2031 with a CAGR of 12.6% during the forecast period 2025-2031.
SaaS Spend Management Software is used to manage and control software as a service (SaaS) costs.
A SaaS Spend Management product must have features on:
Centralizing control over SaaS licenses
Facilitating SaaS contract management
Tracking spending and forecast the costs of SaaS subscriptions
Monitoring SaaS product utilization and/or user sentiment
Americas is the largest region of SaaS Spend Management Software in the world in the past few years, held a share over 55% and it will keep increasing in the next few years. while Europe and APAC were about 24%, 14%.The key manufacturers are Flexera, USU, ServiceNow, Zylo, Binadox, SAP LeanIX, Intello, Blissfully, Vendr (Blissfully), CoreView (Alpin), BetterCloud, Mesh etc. Top 3 companies occupied about 41% market share.
Market Trends
SaaS Spending Continues to Increase
In a report published by Gartner earlier this year, the issue of SaaS management was brought front and center. Today's organizations are increasingly foregoing on-premise software for cloud- and subscription-based software.
The reasons and benefits are obvious: no maintenance fees, little IT support, zero footprint, and simple upgrades, to name a few. While SaaS is quickly becoming the new norm for purchasing and IT, SaaS software management and SaaS vendor management is proving to be a bit more challenging. Much of this is unchartered territory.
Emerging markets
Emerging markets where SaaS Spend Management Software is currently in high demand include Asia and Latin America.
This report aims to provide a comprehensive presentation of the global market for SaaS Spend Management Software, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of SaaS Spend Management Software by region & country, by Type, and by Application.
The SaaS Spend Management Software market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SaaS Spend Management Software.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of SaaS Spend Management Software company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of SaaS Spend Management Software in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of SaaS Spend Management Software in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.