Currently, there are about 30,000 SaaS companies worldwide, over half of which are in the United States. The SaaS industry’s growth rate is blistering. As of 2022, it’s valued at $186.6 billion, but by 2024, it’s expected to be valued at almost double that—around $370 billion. What’s even more impressive is that by 2030, it’s projected to be valued at $700 billion.