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Cover image for 7 trends you should consider while working on your SaaS idea
Maxim Churilov
Maxim Churilov

Posted on • Originally published at mindk.com

7 trends you should consider while working on your SaaS idea

The current growth dynamics and investments in SaaS are remarkable (SaaS industry is now worth $116 billion worldwide). It is a promising and competitive business. If you already have a great SaaS idea, these trends will definitely help you stand out from the big boys in SaaS world.

The SaaS industry is maturing each year, as more and more businesses are moving from on-premises software models to web-based Software-as-a-service (SaaS) solutions.

Global SaaS market is expected to grow to a value of $117 billion by the end of 2022, according to Market Research Future (MRFR).

The rising market raises competition. On average, an emerging SaaS business is reported to have more than 9 competitors.

Yeah, the bar is higher than ever to succeed, but we’ve yet to hit peak SaaS. Adopting at least one of the below-mentioned trends can help propel success to your SaaS idea and drive faster, more efficient growth.

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shbz profile image
Shahbaz

@maxchurilov, Your are right while working on our SaaS product we know the same thing. For the product idea you need to foucs on the real problem of the B2B or B2C.

It depends on your idea. We have seen a gap in the market of the business high churn becasue it is the major issue which most of the business owner faces and they are losing lot of the their money becuse of the high churned customers.

We work on it and analyse it and develope a product Churnfree now which is helping SaaS, eCommerce, Membership and other pricing site. to reduce thier churned customers and increae their MRR.

You can check out churnfree to see magic for your business growth!