How Much Are Companies Spending on SaaS

Date: 01/05/2017

If we look at different stats published on worldwide web, worldwide SaaS spending is on the rise – and predicted to increase at an exceptional rate. The market saw an expenditure of $8 billion on SaaS products in 2015 and by 2020, about one-forth of companies in emerging countries will be running their core CRM systems via SaaS, which will be a 10 percent increase over 2012. According to a report by one of the top research firms, 85 percent of SMB executives are willing to invest more money in SaaS based solutions over 2016-2020.

 

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