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Global Software as a Service (SaaS) market to double to $132 billion by 2020
According to a recent report by Google & Accel Partners, the global SaaS industry is expected to double to $132 billion by the year 2020 from $68 billion currently, accounting for 75 percent of the public cloud revenues.
Source : Google & Accel Partners
Indian SaaS start-ups to be valued at $50 billion by 2025
By the year 2025, Indian SaaS start-ups, will witness exponential business growth and will be valued at $ 50 billion. The country is home to more than 500 SaaS start-ups at the moment and growing. Currently, Indian SaaS firms draw an annual revenue of $600 million which is expected to grow to $2. 5 billion by 2020
Source : The Hindu
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