Recent Reports Suggest Indian SaaS Market to Generate 50 [...]


Recent Reports Suggest Indian SaaS Market to Generate 50 Billion Dollars


📅 - A recent report stated that the Indian Software-as-a-Service market is set to generate 50 billion dollars over the next 10 years. Accel Partners cosponsored the report, which suggests the growth will come from a large increase in small and medium-sized companies found in the area.

The same report suggests growth in the European market and the United States, as well. It also predicts the SaaS market will generate $132 billion by 2020 due to the belief that 75% of India's public cloud revenues will come from SaaS.
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