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Pre-covid world SaaS projections:
2019: $650 billion dollars of B2B software got purchased
More than 25% was SaaS
10 years ago: SaaS contribution to Software was less than 5%
SaaS in India: $1 Billion revenue pretty soon
Market cap:
SaaS: 15X market multiple
IT services: $360 billion dollar in market cap, $150 billion dollar in revenue
1.5-2X market multiple
$66 billion dollar revenue for $1 trillion dollar market cap for SaaS
In next 3-5 years we will have a $1 billion ARR company in India
$1 billion in revenue- 10K jobs- Half in sales and marketing
$1 million in revenue- 30 jobs-
$1 trillion dollar economy- $66 billion dollar revenue- 4.5 million jobs (10 year-15 year projection)
IT services jobs right now: 4.5 million jobs
1.5 million jobs in SaaS Sales
As of today around 500 SaaS companies in India
Around 50-100 doing above $1 million in revenue
By Yash AgrawalPre-covid world SaaS projections:
2019: $650 billion dollars of B2B software got purchased
More than 25% was SaaS
10 years ago: SaaS contribution to Software was less than 5%
SaaS in India: $1 Billion revenue pretty soon
Market cap:
SaaS: 15X market multiple
IT services: $360 billion dollar in market cap, $150 billion dollar in revenue
1.5-2X market multiple
$66 billion dollar revenue for $1 trillion dollar market cap for SaaS
In next 3-5 years we will have a $1 billion ARR company in India
$1 billion in revenue- 10K jobs- Half in sales and marketing
$1 million in revenue- 30 jobs-
$1 trillion dollar economy- $66 billion dollar revenue- 4.5 million jobs (10 year-15 year projection)
IT services jobs right now: 4.5 million jobs
1.5 million jobs in SaaS Sales
As of today around 500 SaaS companies in India
Around 50-100 doing above $1 million in revenue