Every year, the Software as a Service (SaaS) market expands as SaaS leaders add new capabilities and as upstarts join the fray. In fact, market research firm Gartner expects the worldwide public cloud services market to experience double-digit growth — 17 percent — in 2020 to total $266.4 billion. The largest segment of cloud growth, according to Gartner, is SaaS, which is expected to keep its throne next year as subscription-based software offerings continue to rise in popularity.
With a huge market opportunity in front of them, SaaS startups are exploding onto the scene with a variety of products, from communications and collaboration solutions, to software-based disaster recovery options, and offerings that harness big data.
As 2019 winds down, here are ten SaaS Startups that made moves in the market this year.