devxlogo

IDC: Software as a Service on a ‘Tear’

IDC: Software as a Service on a ‘Tear’

Why Trust Us

A new report from IDC says that software as a service (SaaS) is on “a tear,” with expected compound annual growth rates of 26 percent through 2014. “Software will never be the same again” said IDC’s Robert Mahowald. The firm also expects SaaS revenue to grow six times faster than the software market as a whole.

Currently U.S. customers make up 71 percent of the SaaS market, but international customers should make up a bigger slice of the pie by 2014.

[login]View article

devxblackblue

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.

About Our Journalist

Charlie Frank

Charlie has over a decade of experience in website administration and technology management. As the site admin, he oversees all technical aspects of running a high-traffic online platform, ensuring optimal performance, security, and user experience.
View Author
Show More