Emerging SaaS Business Trends of 2024
Since 2021, Software as a Service (SaaS) has been making significant strides & flourishing in various industries like IT, E-commerce & etc. Well, it’s showing no signs of stopping! Now, talking of 2024, trending features ranging from Artificial Intelligence to hyper-personalization, are completely redefining the future of SaaS. It is estimated that SaaS is growing, with a (CAGR) of 18.5% projected from 2023 to 2028. Additionally, the global software service market reached around USD 253.62 billion already in 2023. That being so, there is no doubt that it’s the best time to leverage emerging SaaS business trends of 2024. Last year, we witnessed some booming advancements in tech. For example: (AI)-solutions like GPT & BARD changed how SaaS systems manage core operations. Its data analytical skills showed us results of improved decision-making and enhanced user experience across the industry. Now, looking ahead, we’ll delve into some...