The global software-as-a-service (SaaS) market has grown by about 18 percent in revenue since last year, according to analyst firm Gartner.The market for on-demand software is likely to reach US$7.5bn (AU$8.06 billion) by the end of this year, the analyst firm said. Last year, revenue totalled US$6.4 billion (AU$6.88 billion).The most popular on-demand software is for content, communications and collaboration (CCC) and customer relationship management (CRM) applications, Gartner's figures show, generating sales that are expected to be worth nearly US$5 billion (AU$5.37 billion) by the end of this year.Gartner predicts global sales of SaaS-based enterprise applications will be worth more than US$14 billion (AU$15.05 billion) by 2014.Gartner analyst Sharon Mertz said, “The composition of the worldwide SaaS landscape is evolving as vendors continue to extend regionally, increase penetration within existing accounts and ‘greenfield’ opportunities, and offer more vertical-specific solutions as part of their service portfolio or through partners.“Adoption of the on-demand deployment model has continued to grow as on-demand vendors have extended their services through alliances, partner offerings, and more recently, by offering and promoting user application development through platform-as-a-service (PaaS) capabilities.”
Issue: 335 | January/February 2015
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.