Back
Shiv Bharankar
•
Medial • 6m
Why Is the "SaaS is Dead" Debate Trending? Lately, there’s a lot of buzz around the topic that “SaaS is dead.” So, why is this conversation gaining attention? let's look into some facts, numbers, 1. Saturated Market: The SaaS market was valued at $158.2B in 2022 and is expected to grow to $307.3B by 2026. But with so many players in the game, it’s tougher for newcomers to stand out. 2. Economic Pressures: 70% of businesses are rethinking their tech spend due to economic uncertainty. SaaS subscriptions are under more scrutiny. In 2023, SaaS funding dropped 41%, signaling investor caution. 3. Subscription Fatigue: According to McKinsey, 71% of users feel overwhelmed by their SaaS subscriptions, causing higher churn and businesses rethinking their choices. 4. New Tech Disruptions: AI, blockchain, and serverless computing are becoming top priorities. Forrester says 70% of tech leaders are investing in these, which could eventually surpass SaaS. Is SaaS dead, or is it just evolving?
Replies (6)
More like this
Recommendations from Medial
Kritarth Mittal • Soshals
Founder, Soshals | C... • 3m
Funny how people are shitting on SaaS now that manufacturing and hardware is getting hot. SaaS is THE industry that made most billionaires in the last two decades. SaaS is not dead. It has just become much easier and accessible to build. Which is a
See More
Download the medial app to read full posts, comements and news.