SaaS Application Development: Key Features, Costs, and Best Practices

The Software as a Service (SaaS) market has surged over the last five years, and this growth is expected to continue. Venture investments in SaaS businesses have more than doubled during this time, and in 2023, SaaS accounted for 47% of the total investment volume.

Additionally, end users spend more on SaaS than on any other cloud service, and SaaS accounts for over 35% of the corporate IT budget.