March 27, 2012 – Software as a service revenue will spike 17.9 percent this year compared with 2011, though the way it’s growing has taken an increasingly regional focus, according to a new Gartner market review.
Globally, Gartner has forecasted SaaS revenue to hit $14.5 billion in 2012, with continued growth over the next four years to an expected peak of $22.1 billion in annual revenue. Gartner defines this revenue as that which comes from new licenses, subscriptions and software maintenance and technical support in established SaaS markets.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access