TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US48002121

Worldwide Software as a Service and Cloud Software Forecast, 2021-2025

By: Frank Della RosaResearch Director, SaaS and Cloud Software

Abstract

This IDC study examines the SaaS and cloud software markets for the 2021–2025 period.

"IDC states that 65% of global GDP will be digitized by 2022. Digitally determined businesses are more resilient and far better prepared for disruption. As a result, the outlook for SaaS and cloud software is extremely bright. Suppliers and end customers are adapting to the demands of a virtuous cycle of change and innovation, as evidenced by the acceleration of SaaS and cloud software adoption," says Frank Della Rosa, research director, SaaS and Cloud Software at IDC.


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