Worldwide SaaS Revenue will Reach $22.1 Billion in 2015

Worldwide Software-as-a-Service (SaaS) revenue is forecast to reach $14.5 billion in 2012 — that’s a 17.9 percent increase from 2011 revenue of $12.3 billion, according to Gartner.

SaaS-based delivery will experience healthy growth through 2015, when worldwide revenue is projected to reach $22.1 billion.

“After more than a decade of use, adoption of SaaS continues to grow and evolve regionally within the enterprise application markets,” said Sharon Mertz, research director at Gartner. “Increasing familiarity with the SaaS model, continued oversight on IT budgets, the growth of platform as a service (PaaS) developer communities and interest in cloud computing are now driving adoption forward.”

via Gartner

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About David H Deans

Principal Consultant and Founder of GeoActive Group USA - http://www.geoactivegroup.com - follow @dhdeans
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