Gmi Research18 Aug, 2022Technology
The Software as a Service (SaaS) Market was valued at USD 153.4 Billion in 2020 and is expected to reach USD 521 billion in 2028, growing at a robust CAGR of 16.5% during the period (2021-2028). The factors driving the growth of SaaS Market includes growing demand for smartphones and tablets, increasing adoption of cloud-based solutions, rising trend of business outsourcing and technological advancements by key manufacturers.
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