![]() ![]() After all, the overall growth of the SaaS industry will remain consistent through these years as more companies adopt SaaS solutions for a variety of business functions, extending far beyond the initial SaaS territories of core engineering and sales applications.Īs the first cloud service to truly take off, SaaS has a significant lead on other cloud services. “This is especially true for use cases such as collaboration, remote work and new digital services to support a hybrid workforce.” Cloud growth: SaaS vs other cloud servicesĪmong cloud options, the outlook for SaaS is arguably the brightest. ![]() “The economic, organizational and societal impact of the pandemic will continue to serve as a catalyst for digital innovation and adoption of cloud services,” said Henrique Cecci, senior research director at Gartner. In fact, Gartner forecasts end-user spending on public cloud services to reach $396 billion in 2021-and grow 21.7% to reach $482 billion in 2022. “Organizations are advancing their timelines on digital business initiatives and moving rapidly to the cloud in an effort to modernize environments, improve system reliability, support hybrid work models and address other new realities compelled by the pandemic,” said Brandon Medford, senior principal analyst at Gartner SaaS spending vs overall IT spendingĪlthough global businesses and economies suffered this past year due to the pandemic, cloud growth continued to boom. In this article, we’ve put together some of the top trends and growth statistics surrounding SaaS solutions for 2022. Of course, with the pandemic necessitating more remote work than ever, the need for SaaS will only increase. Working on a subscription basis and centrally located on a remote cloud network, software as a service (SaaS) models are becoming the go-to for many organizations for a variety of reasons, including flexibility and affordability. ![]() SaaS solutions are among the fastest-growing segments in the IT industry.
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