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10+ Key SaaS Statistics to Know in 2024

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10+ Key SaaS Statistics to Know in 2024


Software program-as-a-service (SaaS) continues to revolutionize the software program market and the way in which companies strategy their operations. From flexibility to price financial savings, the SaaS software program mannequin has risen in recognition.

Organizations now use a mean of 112 SaaS purposes, up from 16 in 2017. SaaS has turn out to be the dominant software program mannequin, representing over 50% of the market.

On this article, we’ll cowl up-to-date statistics on SaaS utilization, SaaS market dimension, and VC funding of SaaS startups.

Click on for a particular part:

SaaS Trade Statistics

There are an estimated greater than 42,000 SaaS corporations worldwide (Latka)

The newest information exhibits that there are roughly over 42,000 SaaS corporations worldwide.

A big share of those corporations, totaling 12,400, are positioned in the US. The remaining prime international locations by variety of SaaS corporations embody the UK with 1,700 corporations, Canada with 1,100, India with 1,100, and Germany with 916.

SaaS spending is estimated to succeed in $247.2 billion in 2024 (Gartner)

World end-user spending on SaaS is estimated to hit $247.2 billion in 2024, displaying a 20% year-over-year improve.

Worldwide SaaS spending is forecasted to develop to $295.08 billion in 2025.

Right here’s a desk with SaaS end-user spending worldwide since 2019:

Word: Consists of forecasts
YrSaaS Market Dimension
2023$206 billion
2024$247.2 billion
2025$295.08 billion

86% of enterprise patrons indicated intentions to both elevate or preserve their SaaS budgets (Sapphire Ventures)

Based on a latest survey, 86% of enterprise patrons are planning to both enhance or preserve the identical SaaS budgets. Particularly, 41% plan to extend their SaaS spending, whereas 45% count on to maintain the SaaS price range on the identical degree as earlier than.

SaaS accounts for the most important share of the general cloud service market (Gartner, Gartner)

SaaS represents the most important share (36.6%) of the cloud service market general and represents greater than half of your complete software program market.

On common, corporations use 112 SaaS apps (BetterCloud)

Organizations of varied sizes use a mean of 112 SaaS apps. That’s up from a mean of 80 SaaS instruments utilized in 2020.

Amongst corporations with underneath 200 staff use a mean of 42 SaaS purposes. Massive organizations with over 5,000 staff report the very best variety of SaaS purposes – 158 options.

Right here’s an in depth breakdown of the variety of SaaS apps utilized by firm dimension:

Firm DimensionCommon Saas Apps
1-199 staff42
200-749 staff103
750-1,499 staff86
1,500-4,999 staff142
5,000+ staff158

On common, organizations spend between $1,000 and $3,500 every year per worker on SaaS purposes (CloudEagle)

Current evaluation exhibits that corporations are inclined to spend $1,000 – $3,500 per 12 months on SaaS purposes per worker.

71% of organizations say they’re “100% sure” or “extraordinarily probably” to spend money on AI-powered software program (Gartner)

A latest ballot exhibits that the overwhelming majority (71%) of companies are “very probably” or “sure” to spend money on AI-powered software program in 2024. The identical survey exhibits that solely 8% of respondents declare they’re in no way more likely to spend money on AI software program.

SaaS Startup Funding Statistics

US SaaS and enterprise software program startups obtained $17.4 billion in VC investments in 2023 (Crunchbase)

A complete of $17.4 billion has been raised by US SaaS and enterprise software program companies throughout 880 rounds in seed funding to growth-stage capital in 2023.

In 2024, VC funding in US SaaS corporations reached $4.7 billion throughout 282 rounds as of Could.

SaaS startups secured 47% of the enterprise capital funding in 2023 (Dealroom)

In 2023, startups with a SaaS enterprise mannequin captured 47% of VC funding. The SaaS class share grew from 36% in 2019 to 47% in 2023.

VC investments in SaaS startups worldwide reached $72.3 billion in H1 2024 (Dealroom)

Within the first 6 months of 2024, the worldwide funding in SaaS startups by enterprise capitalists totaled $72.3 billion.

Right here’s an in depth breakdown of VC investments in SaaS startups worldwide since 2020:

YrVC Funding
2020$118.7 billion
2021$276.9 billion
2022$209.3 billion
2023$186.8 billion
2024$72.3 billion

SaaS startups worldwide raised $10.3 billion in early-stage VC funding in H1 2024 (Dealroom)

In H1 2024, early-stage (rounds underneath $15 million) VC deal funding reached $10.3 billion, displaying a 20.16% year-over-year lower.

Right here’s a desk with early-stage VC funding information in SaaS startups globally by quarter:

DateVC Funding
Q2 2019$4.8 billion
Q3 2019$4.7 billion
This fall 2019$5.1 billion
Q1 2020$5.5 billion
Q2 2020$5.1 billion
Q3 2020$5.5 billion
This fall 2020$5.6 billion
Q1 2021$7.2 billion
Q2 2021$7.6 billion
Q3 2021$7.6 billion
This fall 2021$9 billion
Q1 2022$9.6 billion
Q2 2022$10.5 billion
Q3 2022$9.8 billion
This fall 2022$8.9 billion
Q1 2023$6.5 billion
Q2 2023$6.4 billion
Q3 2023$5.2 billion
This fall 2023$5.5 billion
Q1 2024$5.3 billion
Q2 2024$5 billion

Enterprise SaaS startups worldwide obtained $21.9 billion in VC funding in Q2 2024 (PitchBook)

In Q2 2024, VC deal worth in enterprise SaaS corporations reached $21.9 billion throughout 713 funding rounds.



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Emarketing World Admin, the driving force behind EmarketingWorld.online, is a seasoned expert in the field of digital marketing and e-commerce. With a wealth of experience and a passion for innovation, Emarketing World Admin has dedicated their career to helping businesses and entrepreneurs navigate the complexities of online marketing and achieve their digital goals. Through EmarketingWorld.online, they provide valuable insights, strategies, and tools to empower others in the ever-evolving world of digital marketing.### Early Life and Introduction to MarketingFrom an early age, Emarketing World Admin exhibited a keen interest in technology and communication. Growing up during the rise of the internet, they were fascinated by the potential of digital platforms to connect people and transform businesses. This early curiosity laid the groundwork for a career in digital marketing.During their formative years, Emarketing World Admin spent countless hours experimenting with website design, online advertising, and social media. These hands-on experiences sparked a deep passion for digital marketing and led them to pursue a career in the field. Their early projects ranged from managing small business websites to running grassroots online campaigns, providing a solid foundation for their future endeavors.### Education and Professional DevelopmentEmarketing World Admin’s educational background includes a combination of formal studies and continuous learning in the realm of digital marketing. They hold a degree in Marketing or a related field from a reputable institution, supplemented by specialized certifications in areas such as search engine optimization (SEO), pay-per-click (PPC) advertising, and social media marketing.In addition to their formal education, Emarketing World Admin has actively pursued ongoing professional development. They regularly attend industry conferences, webinars, and workshops to stay current with the latest trends, tools, and best practices in digital marketing. This commitment to continuous learning ensures that their insights and strategies are always aligned with the evolving digital landscape.### Professional Experience and AchievementsWith over a decade of experience in digital marketing, Emarketing World Admin has held various roles, including digital marketing strategist, SEO consultant, and e-commerce specialist. Their career includes working with a diverse range of clients, from startups to established corporations, across various industries.Throughout their career, Emarketing World Admin has achieved significant milestones, such as successfully managing high-profile digital campaigns, increasing online visibility for numerous brands, and driving substantial revenue growth through targeted marketing strategies. Their expertise encompasses a wide array of digital marketing disciplines, including content marketing, email marketing, data analytics, and conversion optimization.### The Birth of EmarketingWorld.onlineEmarketingWorld.online was created out of Emarketing World Admin’s desire to share their extensive knowledge and experience with a broader audience. The website was launched as a comprehensive resource for individuals and businesses looking to enhance their digital marketing efforts.The platform features a wide range of content, including in-depth articles, how-to guides, case studies, and expert interviews. Emarketing World Admin is dedicated to providing actionable insights and practical advice that users can implement to achieve their marketing goals. The website also offers tools and resources designed to help users analyze their marketing performance and optimize their strategies.### Philosophy and MissionThe core philosophy of EmarketingWorld.online revolves around the belief that effective digital marketing is both an art and a science. 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