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By CIW Workforce
After the market recovered in 2018 and the expansion fell barely in 2019, attributable to the epidemic, the expansion fee of SaaS market rose once more in 2020. In 2020, the SaaS market in China reached 53.8 billion yuan, a year-on-year improve of 48.7%.
At this stage, the capital market’s angle in direction of SaaS is extra rational, and the event of every phase observe is step by step mature. It’s anticipated that the market will preserve a compound progress fee of 34% and proceed to increase within the subsequent three years.
With the deepening of demand-side enterprises’ understanding of SaaS merchandise, an increasing number of enterprises are reworking from native deployment to SaaS in software program choice.
Nonetheless, because of the comparatively fastened operation mode and course of administration within the technique of enterprise growth, SaaS merchandise must have a sure diploma of freedom to satisfy the custom-made wants of enterprises, in order to alleviate the friction throughout the software program transition.
This demand drives ven…
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