Software as a Service or SaaS is the crude of the 21st century. Almost everything we do, from work to personal life, is now delivered online.
This is how essential online service providers have become in the business world.
How many SaaS companies are there in 2025?
This and other interesting facts about this fast-growing niche come right up in this article.
How Many SaaS Companies Are There in 2025?
Well, there is a major confusion as to exactly how many SaaS companies are there today.
Software as a Service is a broad-spectrum industry – in it are subcategories such as public cloud, private cloud, and even artificial intelligence.
If we are only to consider the purely SaaS companies, there are an estimated 30,000 of them in existence today.
The number can hit as high as 100,000 if we take into account hybrid platforms that also cater to artificial intelligence.
Software as a Service in a Nutshell
For those who get confused, Software as a Service, as the context clues reveal, is a type of platform providing on-demand software solutions to clients.
Several good examples of this are Canva, Google+, and Zoom.
Can you notice the similarities among the mentioned companies? Users normally get a subscription to avail of their service.
Many offer free subscriptions for basic access, and the cost goes higher as the perks in a membership tier get more exclusive.
Value of Software as a Service Industry
After knowing how many SaaS companies are there, it now comes to mind how much is this industry making.
Simple answer? A lot!
Here is a piece of information published by Forbes detailing SaaS global revenue from 2015 to 2022:
- 2015 – the global SaaS revenue was at $31.40 billion during the year
- 2016 – the global SaaS revenue was at $48.20 billion during the year
- 2017 – the global SaaS revenue was at $58.80 billion during the year
- 2018 – the global SaaS revenue was at $85.70 billion during the year
- 2019 – the global SaaS revenue was at $102.10 billion during the year
- 2020 – the global SaaS revenue was at $120.70 billion during the year
- 2021 – the global SaaS revenue was at $152.18 billion during the year
- 2022 – the global SaaS revenue was at $176.62 billion during the year
This year, the global SaaS revenue is forecasted to hit $253.90 billion, with a compounding annual growth rate of 7.89%. This means that by 2027, the industry will be worth at least $344.00 billion.
Number of SaaS Companies per Country
Software as a Service is a relatively new advancement.
Countries with already advanced tech infrastructures, like the United States and the United Kingdom, are breeding grounds for newly-launched SaaS firms.
How many SaaS companies are there in every country? Let’s find out below.
- United States – the country is home to approximately 17,000 SaaS companies as of the latest count
- United Kingdom – the country is home to approximately 2,000 SaaS companies as of the latest count
- Canada – the country is home to 2,000 approximately SaaS companies as of the latest count
- Germany – the country is home to approximately 1,000 SaaS companies as of the latest count
- France – the country is home to approximately 1,000 SaaS companies as of the latest count
- India – the country is home to approximately 1,000 SaaS companies as of the latest count
- China – the country is home to approximately more than 700 SaaS companies as of the latest count
- Brazil – the country is home to approximately 662 SaaS companies as of the latest count
- Australia – the country is home to approximately 635 SaaS companies as of the latest count
- Spain – the country is home to approximately 511 SaaS companies as of the latest count
Some other countries with a significant population of SaaS firms are Israel, Netherlands, Singapore, Sweden, and Ireland.
Number of SaaS Companies Founded Annually
We can say that compared to the existence of computers and the internet, the SaaS industry is still new – it only started getting traction during the late 1990s.
Ever wondered how many SaaS companies have been founded in the past years? Well, let’s address the elephant in the room.
Here is the number of SaaS firms launched before the start of the new millennium, during the beginning of the internet era, and during the latest era when Software as a Service really became a non-negotiable among companies.
Before the New Millennium
- 1998 – 84 SaaS companies were founded during the year
- 1999 – 199 SaaS companies were founded during the year
New Millennium
- 2000 – 177 SaaS companies were founded during the year
- 2001 – 191 SaaS companies were founded during the year
- 2002 – 156 SaaS companies were founded during the year
- 2003 – 157 SaaS companies were founded during the year
- 2004 – 192 SaaS companies were founded during the year
- 2005 – 221 SaaS companies were founded during the year
The Era of the Internet Boom
- 2006 – 294 SaaS companies were founded during the year
- 2007 – 375 SaaS companies were founded during the year
- 2008 – 460 SaaS companies were founded during the year
- 2009 – 542 SaaS companies were founded during the year
- 2010 – 689 SaaS companies were founded during the year
The Boom of the SaaS Industry
- 2011 – 832 SaaS companies were founded during the year
- 2012 – 1083 SaaS companies were founded during the year
- 2013 – 1197 SaaS companies were founded during the year
- 2014 – 1247 SaaS companies were founded during the year
- 2015 – 1469 SaaS companies were founded during the year
- 2016 – 1308 SaaS companies were founded during the year
- 2017 – 1460 SaaS companies were founded during the year
- 2018 – 1196 SaaS companies were founded during the year
Main Concerns from Using SaaS
Among the main concerns of using SaaS is data breaches.
45% of companies say they fear integrating Software as a Service into their business infrastructures because of many accounts of data security issues.
Others say integration is too much of a burden and cost, while service termination and information technology limitations also pose significant concerns.
Conclusion
There is no denying – Software as a Service is here and it is here to stay.
Nowadays, companies invest a big portion of their budget to leverage this technology to optimize their operations and hit their targets faster.
Thanks for reading our article about how many SaaS companies there are in 2025.