Gartner: SaaS Spending Will Grow Another 40% in Next 2 Years Alone
SaaStr
APRIL 27, 2021
Just how fast is SaaS and Cloud growing? One thing we know — Fast. Still. Even now, at hundreds of billions in annual spend. Gartner’s latest report illustrates just that. Cloud software spending grew a stunning 23% in 2021, from $270 billion to $330 billion. But that’s just the start. After polling CIOs, Gartner found that total SaaS spend will grow from $100B in 2020 to $140B in 2022: A few interesting implications and learnings: The growth in SaaS buying should give you
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