Enterprise SaaS Market Skyrockets: Report

Enterprise SaaS Market Skyrockets: Report

By Richard Adhikari • CRM BuyerECT News Network

Sep 5, 2017 3:10 PM PT

The enterprise Software as a Service market grew 31 percent year over year, totaling almost US$15 billion in revenue in Q2 2017, according to
Synergy Research. Collaboration was the highest growth segment.

Microsoft is the clear leader in overall enterprise SaaS revenues, having overtaken Salesforce a year ago. Microsoft’s acquisition last year of LinkedIn gave its SaaS operations a significant boost.

“Across its whole business, Microsoft has a good cloud-oriented vision in place and is executing strongly,” said John Dinsdale, chief analyst at Synergy Research.

Salesforce came second in terms of overall revenue, followed by Adobe, Oracle and SAP.

However, Oracle, Microsoft and Google are the SaaS vendors that achieved the highest overall growth, Synergy found.

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