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TECH SUPPLIER Aug 2018 - Market Share - Doc # US43821218

Worldwide Software as a Service and Cloud Software Market Shares, 2017: A Year of Expanding Platforms

By: Frank Della RosaResearch Director, SaaS and Cloud

Abstract

This IDC study examines the SaaS and cloud software market in 2017 and includes a list of the top 100 cloud software vendors by revenue.

"The leading 20 cloud software providers accounted for 49.1% of the cloud software market in 2017, which is slightly higher than in 2016, representing a continuing trend toward market consolidation but still reflective of a market with a 'long tail' of many smaller vendors that make up a sizable portion of the market," said Frank Della Rosa, research director, SaaS and Cloud Software research at IDC. "Nearly all major independent software vendors (ISVs) continue to increase their investment in cloud-based offerings. The market opportunity for ISVs with no SaaS or cloud software offering has all but disappeared."


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