Company: IPODW
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021721
Chunk: 24

Company: Dune Acquisition Corp II
Filing Date: 2025-03-07
Form: S-1
Chunk 24
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 to pursuing a business combination target benefitting from the macroeconomic tailwinds driving growth in the following industries: Software as a Service (“SaaS”) In our careers investing, leading, and building software companies across their corporate life cycles, we have witnessed the growth of the Software as a Service (“SaaS”) industry, which has been spurred by the increasing adoption of public and hybrid cloud solutions, improved integration capabilities, and the rising importance of centralized, data -drivenanalytics. According to Fortune Business Insights, the global SaaS market size was valued at $274 billion in 2023 and is projected to grow from $318 billion in 2024 to $1.2 trillion by 2032, exhibiting a CAGR of 18.4% from 2023 to 2032. Companies utilizing SaaS -orientedbusiness models are harnessing autonomous technologies to elevate their offerings, fine -tunetheir products, and optimize content. This approach allows them to gain deeper insights into customer needs through data -drivenanalysis. As AI -poweredsystems become increasingly central to business operations, we believe that organizations will likely seek more sophisticated control over software training processes as a tool to monetize their applications. We believe that SaaS is a dynamic and ever -changingcomponent of commercial technology, presenting both challenges and opportunities for service providers, users, and various industries. SaaS applications have become integral to enterprise computing globally, with over half of all applications now SaaS -based, according to a 2023 report by Augment. We believe that the key trends in the SaaS sector that we have identified will continue to shape the future of cloud technologies, driving innovation, efficiency, and business value for organizations worldwide. Artificial Intelligence (“AI”) We believe that transformational innovations in AI technology will have a meaningful, wide -reachingproductivity impact across global industries and markets. According to research conducted by PwC, AI could contribute up to $15.7 trillion to the global economy by 2030, a 14% increase to global GDP. As a result, capital is being rapidly deployed into the space as innovation in AI technology has driven venture capital investments of approximately $290 billion over the last 5 years. Rising demand for generative AI products is projected to add approximately $280 billion of new software revenue according to Bloomberg Intelligence, with the total market expected to grow from $40 billion in 2022 to $1.3 trillion by 2032. We believe that AI -driventransformation is