SaaS now contributes $20 billion to the quarterly revenues of software vendors. The number is expected to grow by 32 percent each year.

Statistic Info

SaaS has been one of the most successful cloud services that have been offered thus far. More and more organizations are looking for ways to offer a product/service on the cloud because it has proven to be extremely convenient for customers. Because of that, the SaaS industry is going to continue to be on a positive growth trajectory.

Author: Accenture

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