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ICT Including Services

Indian SaaS landscape growing at 1.5X faster than global SaaS

As India continues to take swift steps towards digitalization, it is also witnessing the rise of new SaaS verticals and segments backed by strategic partnerships. To chart out the imperatives to make India a “Global SaaS Hub”, the National Association of Software and Services Companies (NASSCOM) in partnership with SaaSBOOMi and Zinnov as knowledge partners, today announced the findings of their first in depth SaaS study “Riding the Storm: Towards the Giant India SaaS Opportunity”. Growing at 30% CAGR, India’s SaaS revenue has reached $3.5 billion as of FY2020, with 75% of it coming from global sales.

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