Getting SaaSy: Software-as-a-Service hits the big time

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Companies attending SaaStock in Dublin recently were bullish on future prospects even as other tech firms worry about the future, ChasTaylor reports

These are anxious times for the tech community, but one area of business that continues to boom is Software-as-a-Service .

A recent forecast from Grand View Research estimated that the global SaaS market was worth $165.9 billion last year and would expand at a compound annual growth rate of 11 per cent from 2022 to 2028 to $344.3 billion.

Source: News Formal (newsformal.com)

 

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