SaaS revenue declined by 46% in 2021

digital transformation market News report SaaS trends

Software-as-a-service (SaaS) companies saw their revenue growth slow by 46% in 2021 compared to 2020, according to a study by Paddle. The result of qualitative and quantitative research into SaaS firms from 84 countries, the report charts the key factors driving the industry by leveraging data from thousands of companies. The study also highlights the characteristics of ‘Outliers’, the software companies that continued to thrive through the slowdown. Thanks to increased demand for software tools … More

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