14 Dec SaaS market just keeps growing
Software as a Service (SaaS) has become the fastest growing software market ever. Forrester projects that global revenue generated in the SaaS market will hit $20 billion by the end of the year, and it will continue to grow after that, according to a recent article at gigaom.com. There is a good reason for all this growth.
With solutions such as SaaS ERP, the economic benefits are practically irresistible and with almost friction-free deployment, there is no wonder why it has had such an impact on the way businesses operate.
One of the big factors driving growth is that SaaS levels the playing field to a certain degree, so that SMBs have access to applications that might have been out of reach in the past. With more start-ups emerging every day, the growth potential of the market will be huge for rest of the decade.