Is SaaS still growing?

Software as a Service (SaaS) is a software distribution model that provides access to software applications over the internet. In recent years, this model has gained tremendous popularity, with many businesses taking advantage of its cost-efficiency and flexibility. Is SaaS still on the rise? The answer is a definitive yes. According to a report from Grand View Research, the SaaS market is projected to reach a whopping $106 billion by the year 2027, representing an impressive growth rate of 16.5 percent from 2020-2027. This means that companies of all sizes can reap the rewards of this expanding trend and make […]