Worldwide Software as a Service and Cloud Software  Forecast, 2020-2024

Worldwide Software as a Service and Cloud Software Forecast, 2020-2024

  • August 2020 •
  • 14 pages •
  • Report ID: 4045635 •
  • Format: PDF
This IDC study examines the SaaS and cloud software markets for the 2019-2024 period. Worldwide market sizing is provided with 2019 as the base year and a five-year growth forecast for the 2020-2024 period."The global economy has been thrust into a type of disruption that many of us have never experienced in our lifetimes. It comes at a time when businesses were navigating a different kind of disruption -- digital transformation. The speed at which businesses are adopting SaaS and cloud software makes clear that realization that it is adapt quickly or perish," says Frank Della Rosa, research director, SaaS and Cloud Software at IDC. "The concept of cloud maturity continues to play an important role in the development of this structured forecast, in terms of providing proof points for market momentum and projecting how growth rates might change in future years within the forecast period."
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