Adam Strydom
May 3, 20221 min
Updated: Jun 10, 2023
‘Software-as-a-service (SaaS) has been around for several decades, but the pandemic triggered an acceleration of growth and more adoption will drive high double-digit growth over the next few years.’, according to Johan Van Den Hooven, Edison Group analyst. SaaS is a subscription to IT services via the cloud and is available on the internet. SaaS solutions are among the fastest-growing segments within the IT sector and, according to Gartner, they were still the largest public cloud services market segment in 2021, representing 37% of the market, or $152bn.
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