Indian SaaS firms to reach $35 bn in revenue in 5 years: Report
Image Credit: Unsplash - Austin Distel
Indian software-as-a-Service (SaaS) companies are poised to command 8 per cent of the global SaaS market, generating $35 billion in annual recurring revenue (ARR) by 2027, a report showed on Tuesday. It will be a growth of 20-25 per cent per annum for the homegrown SaaS firms, according to Bain & Company's report.