Cardin Partners Announces Q4 2017 Update to Global SaaS10k List and Top 5 Sectors of Enterprise SaaS
THE 5 FASTEST GROWING SECTORS OF ENTERPRISE SAAS
As noted in in our Q4-2017 update, 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 fourth and final calendar quarter of 2017, we note the following 5 fastest growing segments of the SaaS software space:
As we expect, the software space is growing relative to the IMF Global GDP Data, which suggests a 2% annualized global growth rate among developed nations; 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 13%, YTD (since Jan 1, 2018, through Feb 16th), (and has grown fully 3.6X faster than the NASDAQ index, which appreciated just 3.6% in that same time period).