Strengthening Software Outsourcing Trend to Drive Global Software as a Service Market to US $164.29 Bn by 2022
According to a new market report published by Transparency Market Research entitled "Software as a Service (SaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022," the global SaaS market was valued at US $23.88 bn in 2014 and is expected to expand at a CAGR of 27.9% from 2015 to 2022, reaching US$164.29 bn by end of forecast period.
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