NASSCOM Riding the Storm - Towards the Giant India SaaS Opportunity

“NASSCOM Riding the Storm - Towards the Giant India SaaS Opportunity” underlines the opportunity and whitespaces for the growing Indian SaaS industry. For the first time ever, key stakeholders in the Indian SaaS ecosystem have collaborated to create this research study. The report also highlights how India can become the global hub for SaaS and can tap the huge addressable opportunity by strengthening it ecosystem.

DOWNLOAD PDF SHARE REPORT

Key Findings

The Americas are the highest SaaS adopters accounting for ~60% of the market.
The top 5 players account for 51% of market revenues in 2019
BFSI the highest adopter of SaaS, followed by Retail, Healthcare and Education.

New business models are emerging within the SaaS landscape leading to further diversification
External trends impacting SaaS – Government initiatives, geo-political events
Technologies such as AI are playing a huge role in SaaS product development

Indian SaaS Revenues at $3.5Billion in FY2020, growing at 30%
1000+ Indian pure play SaaS vendors, with 150+ companies with > $1 Million ARR
Strong funding (15% growth over the last 3 years)

Strong Government push for procurement of Made In India SaaS products
Robust non-VC funded model required to grow current SaaS industry base by 2-3X
3-4X annual funding, required to grow India SaaS market to $13-15 Bn

Download
this report

Regular Price: Free
Member Price: Free

Download report

Related Reports

Indian Tech Start-up Ecosystem: Leading Tech in the 20s

NASSCOM’s report on “Indian Tech Start-up Ecosystem: Leading Tech in the 20s” underlines how Indian start-up ecosystem continues to expand and various elements of the ecosystem are…

05, November 2019

Free for All

Indian SaaS - The Next Big Thing

As software products move from on premise to a cloud based model, the SaaS market has seen a rapid evolution. Instant decision making, cost effectiveness, low risk, greater flexibility…

07, December 2016

Free for All