Friday, 24 March, 2023

India's SaaS industry to boom in 2022 with widespread adoption of cloud computing

<p>The worldwide pandemic has accelerated the adoption of cloud computing. In addition to digital services and cloud computing, the growth of India&#39;s SaaS industry has been predicted to have enormous potential. This industry will be worth $1T by 2030, according to a report by McKinsey and SaasBoomi. The Indian SaaS market has been rapidly expanding, with a projected 30% CAGR between 2020 and 2025. India is home to 13 SaaS unicorns as compared to one in 2018.</p>