Software-as-a-service (SaaS) continues to revolutionize the bundle marketplace and the mode businesses attack their operations. From flexibility to outgo savings, the SaaS bundle exemplary has risen successful popularity.

Organizations present usage an mean of 112 SaaS applications, up from 16 successful 2017. SaaS has go the ascendant bundle model, representing implicit 50% of the market.

In this article, we’ll screen up-to-date statistic connected SaaS usage, SaaS marketplace size, and VC backing of SaaS startups.

Click for a circumstantial section:

• SaaS Industry Statistics
• SaaS Usage Trends
• SaaS Startup Funding Statistics

SaaS Industry Statistics

There are an estimated much than 42,000 SaaS companies worldwide (Latka)

The latest information shows that determination are astir implicit 42,000 SaaS companies worldwide.

A ample stock of these companies, totaling 12,400, are located successful the United States. The remaining apical countries by fig of SaaS companies see the United Kingdom with 1,700 companies, Canada with 1,100, India with 1,100, and Germany with 916.

SaaS spending is estimated to scope $247.2 cardinal successful 2024 (Gartner)

Global end-user spending connected SaaS is estimated to deed $247.2 cardinal successful 2024, showing a 20% year-over-year increase.

Worldwide SaaS spending is forecasted to turn to $295.08 cardinal successful 2025.

Here’s a array with SaaS end-user spending worldwide since 2019:

86% of endeavor buyers indicated intentions to either rise oregon support their SaaS budgets (Sapphire Ventures)

According to a caller survey, 86% of endeavor buyers are readying to either boost oregon support the aforesaid SaaS budgets. Specifically, 41% program to summation their SaaS spending, portion 45% expect to support the SaaS fund astatine the aforesaid level arsenic before.

SaaS accounts for the largest stock of the wide unreality work marketplace (Gartner, Gartner)

SaaS represents the largest stock (36.6%) of the unreality work marketplace wide and represents much than fractional of the full bundle market.

SaaS Usage Trends

On average, companies usage 112 SaaS apps (BetterCloud)

Organizations of assorted sizes usage an mean of 112 SaaS apps. That’s up from an mean of 80 SaaS tools utilized successful 2020.

Among companies with nether 200 employees usage an mean of 42 SaaS applications. Large organizations with implicit 5,000 employees study the highest fig of SaaS applications – 158 solutions.

Here’s a elaborate breakdown of the fig of SaaS apps utilized by institution size:

On average, organizations walk betwixt $1,000 and $3,500 each twelvemonth per worker connected SaaS applications (CloudEagle)

Recent investigation shows that companies thin to walk $1,000 – $3,500 per twelvemonth connected SaaS applications per employee.

71% of organizations accidental they’re “100% certain” oregon “extremely likely” to put successful AI-powered bundle (Gartner)

A caller canvass shows that the immense bulk (71%) of businesses are “very likely” oregon “certain” to put successful AI-powered bundle successful 2024. The aforesaid survey shows that lone 8% of respondents assertion they’re not astatine each apt to put successful AI software.

SaaS Startup Funding Statistics

US SaaS and endeavor bundle startups received $17.4 cardinal successful VC investments successful 2023 (Crunchbase)

A full of $17.4 cardinal has been raised by US SaaS and endeavor bundle firms crossed 880 rounds successful effect backing to growth-stage superior successful 2023.

In 2024, VC backing successful US SaaS companies reached $4.7 cardinal crossed 282 rounds arsenic of May.

SaaS startups secured 47% of the task superior backing successful 2023 (Dealroom)

In 2023, startups with a SaaS concern exemplary captured 47% of VC funding. The SaaS class stock grew from 36% successful 2019 to 47% successful 2023.

VC investments successful SaaS startups worldwide reached $72.3 cardinal successful H1 2024 (Dealroom)

In the archetypal 6 months of 2024, the worldwide concern successful SaaS startups by task capitalists totaled $72.3 billion.

Here’s a elaborate breakdown of VC investments successful SaaS startups worldwide since 2020:

SaaS startups worldwide raised $10.3 cardinal successful early-stage VC backing successful H1 2024 (Dealroom)

In H1 2024, early-stage (rounds nether $15 million) VC woody concern reached $10.3 billion, showing a 20.16% year-over-year decrease.

Here’s a array with early-stage VC concern information successful SaaS startups globally by quarter:

Enterprise SaaS startups worldwide received $21.9 cardinal successful VC backing successful Q2 2024 (PitchBook)

In Q2 2024, VC woody worth successful endeavor SaaS companies reached $21.9 cardinal crossed 713 backing rounds.

The station 10+ Key SaaS Statistics to Know appeared archetypal connected Backlinko.