Why SaaS-based Business Model is best for On-Demand startups?

 Software-as-a-Service is referred to as SaaS, a delivery model which runs using the cloud infrastructure and is centrally hosted. Both start-ups and established companies can opt for SaaS applications via a subscription plan. The SaaS-based on-demand delivery model is accessible through the web interface and mobile applications.



As SaaS companies offer various subscription plans which is beneficial for start-up companies as they don’t have to make any huge investment for developing the on-demand delivery applications.

Businesses are escalating and expanding their income sources with SaaS applications and SaaS business models. BMC data shows that the SaaS market is growing by 18% each year and by end of 2021 more than 74% of companies are expected to have SaaS-based applications.

Harvard Business Review data shows that U.S. consumers have already spent $57.6 million in the on-demand economy and are attracting more than 22.4 million users yearly. According to PwC Research, the on-demand economy is predicted to reach $335 billion by 2025.

Comments

  1. Ahesanali JangralaSeptember 2, 2022 at 6:08 AM

    thank you for sharing this! content really is king when it comes to blogging. SaaS pharmacy software

    ReplyDelete

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