GITNUX MARKETDATA REPORT 2024

Must-Know Saas Statistics [Recent Analysis]

Statistic 1

"99% of organizations are using one or more SaaS solutions."

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Statistic 2

"In 2021, the highest growing SaaS market segment was CRM with a $69 billion value."

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Statistic 3

"51% of total corporate data is stored in the cloud as of 2020, a significant growth driven primarily by SaaS applications."

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Statistic 4

"48% of businesses stated that improving customer experience is their top priority for SaaS investment."

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Statistic 5

"Spending on SaaS applications by enterprises in North America surpassed $44 billion by 2020."

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Statistic 6

"63% of organizations have SaaS policies in place to manage adoption and usage."

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Statistic 7

"73% of organizations state that nearly all their apps will be SaaS by 2021."

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Statistic 8

"SaaS represented 30% of the total public cloud market in 2020."

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Statistic 9

"SaaS adoption helps companies reduce their IT expenses by at least 15%."

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Statistic 10

"The global SaaS market is expected to reach $307.3 billion by 2026."

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Statistic 11

"94% of all workloads will be processed in the cloud by 2021."

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Statistic 12

"86% of end users report that SaaS applications have helped them achieve their business goals."

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Statistic 13

"The SaaS market was valued at approximately $157 billion in 2020."

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Statistic 14

"The compound annual growth rate (CAGR) of the SaaS market is forecasted to be 15.8% from 2021 to 2026."

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Statistic 15

"46% of small businesses use currently more than one SaaS application."

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Statistic 16

"70% of CIOs state that agility and scalability are the primary reasons for adopting SaaS."

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Statistic 17

"The worldwide SaaS revenue for 2021 was predicted to be $123 billion."

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Statistic 18

"43% of IT professionals said unsanctioned SaaS usage is a major issue within their companies."

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Statistic 19

"The average company surveyed was using 80 SaaS applications in 2020."

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Statistic 20

"By 2022, 78% of businesses will run purely on SaaS."

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