Global Software as a Service (SaaS) Market to hit $53.6 billion by 2015
The study ‘Worldwide Software as a Service 2011 - 2015 Forecast and 2010 Vendor Shares’ provides a global view of SaaS software performance, by vendor in 2010, and expected performance to 2015. The SaaS market reached $16.6 billion in revenue in 2010 and will grow to $53.6 billion by 2015 at a compound yearly growth rate of 26.4%. SaaS delivery will considerably outpace traditional software product delivery, growing nearly five times quicker than the software market as a whole and becoming the large growth driver to all functional