10 statistics that show SaaS is going nowhere
Summary
At Enable, we’re passionate about the SaaS space having launched our rebate management software back in 2014. Being hosted, maintained and updated by a third-party provider in the cloud and made available to organizations or individuals to be accessed via a web browser, companies can get running with minimal time. A recent PwC report outlines the implications of the past year for tech adoption: “COVID-19 has acted as a catalyst for trends we expected to see later in the future. As a result, many companies are shifting to remote work for the longer term and need to pivot to SaaS-based offerings.” Below you will find the most important statistics to help you understand where the SaaS industry currently stands and where it’s heading in the future. In a recent report by Gartner, global spending on SaaS and cloud services is expected to grow 18.4% in 2021 to $304.9 billion.