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List of Top 20 SaaS Products and Companies to Watch out in 2020

Moli Ena
List of Top 20 SaaS Products and Companies to Watch out in 2020

Originally Published at Troop Messenger 


Looking for the list of the top, best, and fast-growing SaaS companies in 2020?.

Your search ends here.

You can find all the examples of SaaS facts, statistics, and examples. Read on to know.

Did you know that 73% of businesses plan to launch SaaS products and make all their systems SaaS by 2020?

Swiftly and Smartly, our World is shifting towards ‘Software as a Service’ era. Some of the best saas companies are already there, while most others are likely to follow.

Vendors and businesses are either building new SaaS products or acquiring the existing ones.

Wait for a couple of more years and your workplace will never be the same again.

1. What is SaaS and its Definition
2. Examples of saas companies
3. SaaS Solution: Advantages
4. SaaS Startups: Facts & Statistics
5. Categories of saas companies
6. SaaS Products and Companies

What is SaaS and its Definition
Software as a Service (SaaS), is one of the variants of cloud-based services where instead of downloading software in your business network or installing it in your PC to run and update, you instead get to access an application directly from the internet browser.

The software application can comprise anything, from unified communications at the workplace to office software among an extensive list of business applications that are available.


Examples of saas companies
Troop Messenger
Google Apps

SaaS Solution: Advantages

For consumers:
The ability to access the software on any device, at any time, anywhere

Better affordability: Subscription basis pricing plans instead of paying a big lump sum upfront

Instant software upgrades access

For companies:
Faster deployment of the solution in the company

Increase in data security and decrease in software piracy

Higher reliability because of scalability options and upgrade on-the-go

Compatibility with different platforms, thus covering a wide audience using Windows, macOS X, Linux, iOS, Android, etc).

SaaS Startups: Facts & Statistics
By the year 2023, the SaaS products market has been forecasted to have a worth of $60.36 billion, at a CAGR of 9% (Technavio).
As per a survey, the number of SaaS products in marketing niches in 2017 was 8,500, which was only about 500 marketing tools in 2007 (PriceIntelligently).
The revenue retention rate of leading SaaS companies is 100% (forentrepreneurs.com).
38% of companies are almost running as SaaS companies (bettercloud.com).


73% of businesses are planning to shift as a SaaS company in the next few years (bettercloud.com).
86% of businesses that are using SaaS products have reported having experienced higher employee engagement. (BetterCloud)

What kind of multiples category do we see for saas companies?

Customer Relationship Management (CRM) Software
Enterprise Resource Planning (ERP) Software
Accounting Software
Project Management Software
Email Marketing Software
Workplace Collaboration Software
Workplace Attendance Management Software


Moli Ena
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