Skip to main content

Demand for SaaS is Spread Across Verticals

Demand for software as a service (SaaS) business applications in the U.S. commercial sector is growing at a steady pace across all sizes of business and vertical markets, according to the latest market study by In-Stat.

Based upon their current assessment, steadily increasing U.S. hosted application revenues -- from $8 billion in 2008 to $16 billion by 2012 -- are expected, the high-tech market research firm says.

"The main benefits of hosted applications that resonate across vertical markets are scalability, Total Cost of Ownership (TCO), and remote accessibility," says Jeff Jernigan, In-Stat analyst.

"Also, the need for IT support for business applications is greatly minimized if not eliminated due to the centralized, vendor-supported management of the application."

Their research covers the U.S. market for SaaS. It explores the drivers and inhibitors for adoption, as well as whom respondents would turn to for more information about these applications. Survey data from four vertical markets is presented and compared to results from respondents across the entire market.

In-Stat's market study found the following:

- The healthcare market is among the most satisfied current hosted application user segments.

- The education market should be an important target market for providers, as it is a market full of thought-influencers.

- Despite strong current adoption, hosted Web collaboration application providers need to do more to reach new customers.

Popular posts from this blog

Rise of Software-Defined LEO Satellites

From my vantage point, few areas are evolving as rapidly and with such profound implications as the space sector. For decades, satellites were essentially fixed hardware – powerful, expensive, but ultimately immutable once launched. That paradigm is undergoing a transition driven by Software-Defined Satellites (SDS). A recent market study by ABI Research underscores this transition, painting a picture of technological advancement and a fundamental reshaping of global connectivity, security, and national interests. LEO SDS Market Development The core concept behind SDS is deceptively simple yet revolutionary: decouple the satellite's capabilities from its physical hardware. Instead of launching a satellite designed for a single, fixed purpose (like broadcasting specific frequencies to a specific region), SDS allows operators to modify, upgrade, and reconfigure a satellite's functions after it's in orbit, primarily through software updates. The ABI Research report highlights ...