Software as a Service - Netherlands

Netherlands

Revenue in the Software as a Service market is projected to reach €5.56bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.81%, resulting in a market volume of €13.16bn by 2029.
The average spend per employee in the Software as a Service market is projected to reach €0.54k in 2024.
In global comparison, most revenue will be generated in the United States (€176,300.00m in 2024).

Key regions: Japan, United Kingdom, United States, Italy, Germany

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Software as a Service market in Netherlands has been experiencing significant growth in recent years. Customer preferences in the Netherlands have shifted towards cloud-based solutions, which has fueled the demand for Software as a Service (SaaS) offerings. Businesses in the country are increasingly looking for flexible and scalable software solutions that can be accessed from anywhere, and SaaS provides exactly that. The convenience of cloud-based software, which eliminates the need for on-premises infrastructure and maintenance, has become a key factor in customer decision-making. Trends in the SaaS market in Netherlands reflect the global market as well. One of the major trends is the rise of vertical-specific SaaS solutions. Businesses in different industries have unique needs and requirements, and vertical-specific SaaS providers are emerging to cater to these specific needs. This trend is driven by the increasing demand for industry-specific functionality and customization. Another trend in the market is the growing popularity of collaboration and communication tools. With the rise of remote work and distributed teams, businesses in the Netherlands are looking for SaaS solutions that enable seamless communication and collaboration among team members. This includes tools for project management, file sharing, video conferencing, and instant messaging. Local special circumstances in the Netherlands also contribute to the development of the SaaS market. The country has a highly digitalized economy, with a strong focus on technology and innovation. Dutch businesses are known for their openness to new technologies and willingness to adopt innovative solutions. This favorable business environment has attracted SaaS providers to enter the Dutch market and cater to the growing demand. Underlying macroeconomic factors also play a role in the growth of the SaaS market in the Netherlands. The country has a stable economy and a strong focus on digital transformation. The government has been actively promoting the adoption of digital technologies and supporting startups and small businesses in their digital journey. This has created a conducive environment for the growth of the SaaS market, as businesses are encouraged to embrace cloud-based solutions to enhance their competitiveness. In conclusion, the Software as a Service market in the Netherlands is developing rapidly due to customer preferences for cloud-based solutions, global trends in the market, local special circumstances, and underlying macroeconomic factors. The shift towards SaaS reflects the need for flexible and scalable software solutions, while the rise of vertical-specific offerings and collaboration tools cater to industry-specific needs and remote work requirements. The Netherlands' digitalized economy and supportive government policies further contribute to the growth of the SaaS market in the country.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.