The Latin America, Middle East and Africa SaaS Escrow Services Market would witness market growth of 16.8% CAGR during the forecast period (2022-2028).
Escrow agreements for SaaS products are more complex. Due to this complex nature of the SaaS agreement in place. Some certain components are available in addition to the code, which includes, object code, correct hardware configuration, essential third-party connectors and products that contribute to the software operation and data for the licensee, which generally resides on the SaaS servers.
A software license agreement will typically allow the licensee to utilize and process the software in only object code form. A SaaS arrangement keeps the customer at a more considerable distance from the code of the software since the customer only has remote access to the software hosted by the SaaS provider. The object and source codes remain in possession of the provider.
Saudi Arabia's e-commerce channels have shown continued growth. By 2024, the number of Saudi internet users for e-commerce is expected to reach 33.6 million, an increase of 42% from the previous year, 2019. Saudi Arabia has one of the world's highest smartphone penetration rates, around 97%. Its mobile broadband internet subscription is higher than many advanced nations and is among the top countries for the fastest internet speeds. The UAE is the e-commerce leader in the Gulf Cooperation Council (GCC) states, where the market rose by 53% in 2020 with a record of $3.9 billion in e-commerce sales, constituting 10% of total retail sales. The robust presence of e-commerce is expected to increase the adoption of SaaS escrow services in the retail sector and hence surge the market growth in the LAMEA region.
The Brazil market dominated the LAMEA SaaS Escrow Services Market by Country in 2021, achieving a market value of $201.8 million by 2028. The Argentina market would witness a CAGR of 17.5% during (2022 - 2028). Additionally, The UAE market is poised to grow at a CAGR of 16.5% during (2022 - 2028).
Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Type, the market is segmented into Hardware Configuration Services, Data Services, Legal Counseling Services and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Retail & E-commerce, Energy & Utility, Media & Entertainment, Manufacturing, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NCC Group plc, Iron Mountain Incorporated, Ardas International, Inc., Escrowtech International, Inc., Harbinger Group Pty Ltd., Legal Escrow & Arbitration Services Limited, PRAXIS Technology Escrow, LLC, SES, and Escrow4all B.V.
Escrow agreements for SaaS products are more complex. Due to this complex nature of the SaaS agreement in place. Some certain components are available in addition to the code, which includes, object code, correct hardware configuration, essential third-party connectors and products that contribute to the software operation and data for the licensee, which generally resides on the SaaS servers.
A software license agreement will typically allow the licensee to utilize and process the software in only object code form. A SaaS arrangement keeps the customer at a more considerable distance from the code of the software since the customer only has remote access to the software hosted by the SaaS provider. The object and source codes remain in possession of the provider.
Saudi Arabia's e-commerce channels have shown continued growth. By 2024, the number of Saudi internet users for e-commerce is expected to reach 33.6 million, an increase of 42% from the previous year, 2019. Saudi Arabia has one of the world's highest smartphone penetration rates, around 97%. Its mobile broadband internet subscription is higher than many advanced nations and is among the top countries for the fastest internet speeds. The UAE is the e-commerce leader in the Gulf Cooperation Council (GCC) states, where the market rose by 53% in 2020 with a record of $3.9 billion in e-commerce sales, constituting 10% of total retail sales. The robust presence of e-commerce is expected to increase the adoption of SaaS escrow services in the retail sector and hence surge the market growth in the LAMEA region.
The Brazil market dominated the LAMEA SaaS Escrow Services Market by Country in 2021, achieving a market value of $201.8 million by 2028. The Argentina market would witness a CAGR of 17.5% during (2022 - 2028). Additionally, The UAE market is poised to grow at a CAGR of 16.5% during (2022 - 2028).
Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Type, the market is segmented into Hardware Configuration Services, Data Services, Legal Counseling Services and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Retail & E-commerce, Energy & Utility, Media & Entertainment, Manufacturing, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NCC Group plc, Iron Mountain Incorporated, Ardas International, Inc., Escrowtech International, Inc., Harbinger Group Pty Ltd., Legal Escrow & Arbitration Services Limited, PRAXIS Technology Escrow, LLC, SES, and Escrow4all B.V.
Scope of the Study
Market Segments Covered in the Report:
By Cloud Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Type
- Hardware Configuration Services
- Data Services
- Legal Counselling Services
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Vertical
- IT & Telecom
- BFSI
- Retail & E-commerce
- Energy & Utility
- Media & Entertainment
- Manufacturing
- Healthcare
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NCC Group plc
- Iron Mountain Incorporated
- Ardas International, Inc
- Escrowtech International, Inc
- Harbinger Group Pty Ltd
- Legal Escrow & Arbitration Services Limited
- PRAXIS Technology Escrow, LLC
- SES
- Escrow4all B.V.s
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA SaaS Escrow Services Market, by Cloud Type
1.4.2 LAMEA SaaS Escrow Services Market, by Type
1.4.3 LAMEA SaaS Escrow Services Market, by Enterprise Size
1.4.4 LAMEA SaaS Escrow Services Market, by Vertical
1.4.5 LAMEA SaaS Escrow Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA SaaS Escrow Services Market by Cloud Type
3.1 LAMEA Public Cloud Market by Country
3.2 LAMEA Private Cloud Market by Country
3.3 LAMEA Hybrid Cloud Market by Country
Chapter 4. LAMEA SaaS Escrow Services Market by Type
4.1 LAMEA Hardware Configuration Services Market by Country
4.2 LAMEA Data Services Market by Country
4.3 LAMEA Legal Counseling Services Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA SaaS Escrow Services Market by Enterprise Size
5.1 LAMEA Large Enterprises Market by Country
5.2 LAMEA Small & Medium-sized Enterprises Market by Country
Chapter 6. LAMEA SaaS Escrow Services Market by Vertical
6.1 LAMEA IT & Telecom Market by Country
6.2 LAMEA BFSI Market by Country
6.3 LAMEA Retail & E-commerce Market by Country
6.4 LAMEA Energy & Utility Market by Country
6.5 LAMEA Media & Entertainment Market by Country
6.6 LAMEA Manufacturing Market by Country
6.7 LAMEA Healthcare Market by Country
6.8 LAMEA Others Market by Country
Chapter 7. LAMEA SaaS Escrow Services Market by Country
7.1 Brazil SaaS Escrow Services Market
7.1.1 Brazil SaaS Escrow Services Market by Cloud Type
7.1.2 Brazil SaaS Escrow Services Market by Type
7.1.3 Brazil SaaS Escrow Services Market by Enterprise Size
7.1.4 Brazil SaaS Escrow Services Market by Vertical
7.2 Argentina SaaS Escrow Services Market
7.2.1 Argentina SaaS Escrow Services Market by Cloud Type
7.2.2 Argentina SaaS Escrow Services Market by Type
7.2.3 Argentina SaaS Escrow Services Market by Enterprise Size
7.2.4 Argentina SaaS Escrow Services Market by Vertical
7.3 UAE SaaS Escrow Services Market
7.3.1 UAE SaaS Escrow Services Market by Cloud Type
7.3.2 UAE SaaS Escrow Services Market by Type
7.3.3 UAE SaaS Escrow Services Market by Enterprise Size
7.3.4 UAE SaaS Escrow Services Market by Vertical
7.4 Saudi Arabia SaaS Escrow Services Market
7.4.1 Saudi Arabia SaaS Escrow Services Market by Cloud Type
7.4.2 Saudi Arabia SaaS Escrow Services Market by Type
7.4.3 Saudi Arabia SaaS Escrow Services Market by Enterprise Size
7.4.4 Saudi Arabia SaaS Escrow Services Market by Vertical
7.5 South Africa SaaS Escrow Services Market
7.5.1 South Africa SaaS Escrow Services Market by Cloud Type
7.5.2 South Africa SaaS Escrow Services Market by Type
7.5.3 South Africa SaaS Escrow Services Market by Enterprise Size
7.5.4 South Africa SaaS Escrow Services Market by Vertical
7.6 Nigeria SaaS Escrow Services Market
7.6.1 Nigeria SaaS Escrow Services Market by Cloud Type
7.6.2 Nigeria SaaS Escrow Services Market by Type
7.6.3 Nigeria SaaS Escrow Services Market by Enterprise Size
7.6.4 Nigeria SaaS Escrow Services Market by Vertical
7.7 Rest of LAMEA SaaS Escrow Services Market
7.7.1 Rest of LAMEA SaaS Escrow Services Market by Cloud Type
7.7.2 Rest of LAMEA SaaS Escrow Services Market by Type
7.7.3 Rest of LAMEA SaaS Escrow Services Market by Enterprise Size
7.7.4 Rest of LAMEA SaaS Escrow Services Market by Vertical
Chapter 8. Company Profiles
8.1 NCC Group plc
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Product Launches and Product Expansions:
8.2 Iron Mountain Incorporated
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.3 Ardas International, Inc.
8.3.1 Company Overview
8.4 Escrowtech International, Inc.
8.4.1 Company Overview
8.5 Harbinger Group Pty Ltd.
8.5.1 Company Overview
8.6 Legal Escrow & Arbitration Services Limited
8.6.1 Company Overview
8.7 PRAXIS Technology Escrow, LLC
8.7.1 Company Overview
8.8 SES
8.8.1 Company Overview
8.9 Escrow4all B.V.
8.9.1 Company Overview
Companies Mentioned
- NCC Group plc
- Iron Mountain Incorporated
- Ardas International, Inc.
- Escrowtech International, Inc.
- Harbinger Group Pty Ltd.
- Legal Escrow & Arbitration Services Limited
- PRAXIS Technology Escrow, LLC
- SES
- Escrow4all B.V.s
Methodology
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