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.
Free Valuable Insights: The Global SaaS Escrow Services Market is Predict to reach $12.4 Billion by 2028, at a CAGR of 13.3%
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
TABLE 1 LAMEA SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 2 LAMEA SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 3 LAMEA SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 4 LAMEA SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Public Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Public Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Private Cloud Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Private Cloud Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Hybrid Cloud Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Hybrid Cloud Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 12 LAMEA SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 13 LAMEA Hardware Configuration Services Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Hardware Configuration Services Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Data Services Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Data Services Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Legal Counseling Services Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Legal Counseling Services Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 22 LAMEA SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 23 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Small & Medium-sized Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Small & Medium-sized Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 28 LAMEA SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 29 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Retail & E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Retail & E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Energy & Utility Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Energy & Utility Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA SaaS Escrow Services Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA SaaS Escrow Services Market by Country, 2022 - 2028, USD Million
TABLE 47 Brazil SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 48 Brazil SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 49 Brazil SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 50 Brazil SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 51 Brazil SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 52 Brazil SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 53 Brazil SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 54 Brazil SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 55 Brazil SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 56 Brazil SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 57 Argentina SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 58 Argentina SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 59 Argentina SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 60 Argentina SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 61 Argentina SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 62 Argentina SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 63 Argentina SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 64 Argentina SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 65 Argentina SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Argentina SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 67 UAE SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 68 UAE SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 69 UAE SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 70 UAE SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 71 UAE SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 72 UAE SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 73 UAE SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 74 UAE SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 75 UAE SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 76 UAE SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 77 Saudi Arabia SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 78 Saudi Arabia SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 81 Saudi Arabia SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 82 Saudi Arabia SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 87 South Africa SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 88 South Africa SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 89 South Africa SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 90 South Africa SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 91 South Africa SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 92 South Africa SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 93 South Africa SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 94 South Africa SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 95 South Africa SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 96 South Africa SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 97 Nigeria SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 98 Nigeria SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 99 Nigeria SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 100 Nigeria SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 101 Nigeria SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 102 Nigeria SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 103 Nigeria SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 104 Nigeria SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 105 Nigeria SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 106 Nigeria SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 107 Rest of LAMEA SaaS Escrow Services Market, 2018 - 2021, USD Million
TABLE 108 Rest of LAMEA SaaS Escrow Services Market, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA SaaS Escrow Services Market by Cloud Type, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA SaaS Escrow Services Market by Cloud Type, 2022 - 2028, USD Million
TABLE 111 Rest of LAMEA SaaS Escrow Services Market by Type, 2018 - 2021, USD Million
TABLE 112 Rest of LAMEA SaaS Escrow Services Market by Type, 2022 - 2028, USD Million
TABLE 113 Rest of LAMEA SaaS Escrow Services Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 114 Rest of LAMEA SaaS Escrow Services Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA SaaS Escrow Services Market by Vertical, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA SaaS Escrow Services Market by Vertical, 2022 - 2028, USD Million
TABLE 117 Key Information – NCC Group plc
TABLE 118 key Information – Iron Mountain Incorporated
TABLE 119 Key Information – Ardas International Inc.
TABLE 120 Key Information – Escrowtech International, Inc.
TABLE 121 Key Information – HARBINGER GROUP PTY LTD.
TABLE 122 Key Information – Legal Escrow & Arbitration Services Limited
TABLE 123 Key Information – PRAXIS Technology Escrow, LLC,
TABLE 124 Key Information – SES
TABLE 125 Key Information – Escrow4all B.V.
List of Figures
FIG 1 Methodology for the research