The 5 Fastest Growing Sectors of Enterprise SaaS

One of the most illuminating things that results from Cardin Partners’ data-first approach to tracking the SaaS software space is the kind of analysis we can do with respect to sub-sector and vertical software market growth. If you haven’t already reviewed our Global SaaS 10k list, please have a look. In updating the figures through the end of the second calendar quarter of 2017, we note the following 5 fastest growing segments of the SaaS software space: 

What’s perhaps most remarkable is the rate at which the software space is growing relative to the World Bank GDP Growth Data, which suggests a 2.4% annualized global growth rate; the SaaS software space is presently growing 6.5 times as fast as the world economy. This is not a big surprise, as indeed the BVP Cloud Index reflects that the market capitalization of the world’s largest publicly traded SaaS businesses has grown more than 18%, YTD (and has grown nearly 50% faster than the broader NASDAQ index, overall).