8 trends for SaaS companies in 2022

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AsaduzzamanFoysal
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8 trends for SaaS companies in 2022

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The SaaS industry is predicted to reach incredible success by 2022$172 billionin market value. That's more than double compared to 2018!

Besides,78%enterprises will likely be running only on cloud-based applications by the same year.

In other words, the SaaS industry is growing at a dizzying rate, and software applications will likely become the norm for most companies around the world.

But here's the bad news: the rise of the cloud-based application industry means fierce competition.


By 2012, SaaS companies had less thanthreecompetitors on average. By 2017, that number had jumped to about nine.

The good news is that 2022 is likely to be a year of innovation forSaaS business. New trends are emerging and you need to take advantage of them to gain a competitive edge.
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