Table of Contents
Who is the largest SaaS provider?
Salesforce is still the largest SaaS company in the U.S., with a market capitalization of $161.4 billion. That’s 2.8x bigger than the value of the second-largest company, ServiceNow ($57.9 billion). Salesforce has also grown the most in value over the past year.
How many SaaS companies are there globally?
In 2021, there were approximately 15,000 software as a service (SaaS) companies in the United States. Together, they had around 14 billion customers worldwide….Leading software as a service (SaaS) countries worldwide in 2021, by number of companies.
| Characteristic | Number of companies |
|---|---|
| – | – |
| – | – |
How big is the B2B SaaS market?
In 2021, the software as a service (SaaS) market is estimated to be worth approximately 145.5 billion U.S. dollars….
| Characteristic | Market in billion U.S. dollars |
|---|---|
| – | – |
How long does it take to get to 1M arr?
đ For many, hitting $1M ARR feels unachievable. It takes the average company nearly two years to get there, and that’s if they even survive that long. The next $1M still can take quite some time, but after you hit that $1M ARR milestone, you likely have many more resources at your disposal.
Why are there so many SaaS companies?
The technical reasons are two-fold: SaaS markets have exploded, so there are more and more vendors that get to $100m+ ARR. And hence a unicorn or even more, assuming 30\%+ growth rate at $100m ARR. SaaS âmultiplesâ are at an all-time high, so a fast-growing SaaS company can be worth $1B earlier than a few years ago.
How many customers do SaaS companies have?
The numbers make intuitive sense, but it’s helpful to see them broken about above for top SaaS and Cloud companies at < $2B ARR: The average public SaaS company has ~36,000 customers. That goes up to 85,000 for public SaaS companies that mainly sell to SMBs, i.e., with ACVs < $10k.
How many SaaS companies are there in the world?
There are over 10000 private SaaS companies. As the software development industry statistics show, besides the publicly traded companies, there are approximately 10000 private ones that generate less than $3 million in revenue.
Can you use arr figures for public SaaS companies?
I found these ARR figures for almost 20 high-growth public SaaS companies and looked at their current and projected revenue and ARR based on sell-side analyst estimates. It produced a reasonable comparable set of revenue, ARR, and growth metrics (both historical and projections) that can be used against private companies.
How do you value a private SaaS company using multiples?
Multiples are only one factor in determining the appropriate valuation of a private SaaS company; there are many others like the perceived team, market size, profitability, efficiency, competition, product, etc. But based solely on revenue and ARR estimates this is a fair proxy of valuation using high-growth public SaaS medians as
Which SaaS companies have had the biggest IPOs?
The SaaS IPO stats place Salesforce as the industry pioneer. The company behind the world’s most prominent CRM software was established in the late 90s and today has a market capitalization of $76 billion with more than $10 billion in revenue per year.