Gartner says Worldwide SaaS Revenue to Grow 22 Percent in 2009

Summary

The market for software as a service (SaaS) is forecast to reach $9.6 billion in 2009, a 21.9 percent increase from 2008 revenue of $6.6 billion, according to Gartner, Inc. The market will show consistent growth through 2013 when worldwide SaaS revenue will total $16 billion for the enterprise application markets.

Office suites and digital content creation (DCC) remain the fastest-growing markets for SaaS. Office suites are projected to total $512 million in 2009, up from $136 million in 2008, while DCC is forecast to total $126 million in 2009, up from $70 million in 2008. The content, communications and collaboration (CCC) market continues to show the widest disparity of SaaS revenue across market segments, generating $2.5 billion in 2009, up from $2.16 billion in 2008

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