The India SaaS ecosystem is anticipated to generate wherever between $50 billion to $70 billion in revenue and $500 billion in enterprise worth by 2030, confirmed a report by SaaSBoomi and McKinsey.
India is anticipated to create 100 unicorns, 50 centaurs and over 5 lakh jobs throughout the identical timeframe. The homegrown SaaS market has grown to $7 billion final 12 months from $2.6 billion in 2020. India is house to three,500 SaaS start-ups and 20 unicorns.
In the final two years, the worldwide SaaS market had grown at a 38% CAGR to $420 billion. The report stated the worldwide SaaS revenue is anticipated to the touch $1.3-$1.6 trillion by 2030, representing a progress of 15%-18% between 2022-30.
