Table of Contents
How many customers do SaaS companies have?
The numbers make intuitive sense, but it’s helpful to see them broken about above for top SaaS and Cloud companies at < $2B ARR: The average public SaaS company has ~36,000 customers. That goes up to 85,000 for public SaaS companies that mainly sell to SMBs, i.e., with ACVs < $10k.
How many SaaS apps does the average company use?
Average number of SaaS apps used by organizations worldwide 2015-2020. In 2021, organizations worldwide were using an average amount of 110 software as a service (SaaS) applications.
How many SaaS are there?
In 2021, there were approximately 15,000 software as a service (SaaS) companies in the United States. Together, they had around 14 billion customers worldwide. The United Kingdom takes the second place with 2,000 companies and two billion customers worldwide. SaaS is a software licensing model delivered via the cloud.
How many SaaS companies are there 2020?
15,529 SaaS companies
There are 15,529 SaaS companies in the world, according to a list of SaaS companies obtained from Crunchbase in June 2020. This figure also includes businesses founded before 1998 that have transitioned to provide SaaS.
How many softwares does the average company use?
Most Popular Apps by Number of Customers, by Region
| Global | APAC | |
|---|---|---|
| 3 | Salesforce | Atlassian Product Suite |
| 4 | Salesforce | |
| 5 | Zoom | |
| 6 | Atlassian Product Suite | Zoom |
What is the average growth rate for a startup?
The average company forecasts a growth rate of 178\% in revenues for their first year, 100\% for the second, and 71\% for the third. This means that a company that grossed $500.000 Year to Date (YTD) will forecast $1.390.
What is a good monthly growth rate for a startup?
Paul Graham wrote a great post in which he defines a startup as a “company designed to grow fast” and encouraged founders to constantly measure their growth rates. For Y Combinator companies, he notes that a good growth rate is 5 to 7 percent per week, while an exceptional growth rate is 10 percent per week.
Why are SaaS valuations so high?
SaaS/Cloud businesses frequently charge a monthly subscription or some type of recurring fee. As the cloud model is becoming widely accepted, many SaaS/cloud companies are also growing very fast. Their fast growth coupled with recurring revenue is a major reason why their valuations are higher.
How much do small businesses spend on SaaS?
Here are the main statistics on how they use SaaS within their organization. A small company has, on average, a $202.2k total SaaS spend in 2020. A small company spends $5,736 on SaaS per employee in 2020. A small company has 624 app to person connections. On average, 35 employees and 102 apps. A small company has a 63\% 2-year SaaS app turnover.
How many SaaS companies are there in the world 2020?
There are 15,529 SaaS companies in the world as of June 2020 (Cardconnect, 2020). Cyber attacks and lack of skilled workers could hamper the sector’s growth (MarketsandMarkets, 2020). Knowing churn rates—the discontinuation of service subscriptions within a period of time—is important to any business.
How much do companies spend on software-as-a-service?
The overall spend per company on software-as-a-service products is up by 50\%, compared to two years ago. The overall growth rate of SaaS adoption is decreasing as companies are solidifying how they use SaaS in their daily operations. The average company uses 137 unique SaaS apps on average. That’s a 30\% increase from 2018.
What is the SaaS market like in North America?
North America is the most mature SaaS market in terms of adoption (MarketsandMarkets, 2020). Since 2010, the average spend on SaaS applications per company had steadily risen year-over-year. In 2018, the average company spent $343,000 on SaaS, a 78\% increase from the previous year (Blissfully, 2019).