Gartner just issued its 2009 SaaS revenue forecast, in which it said it expected the sector to grow nearly 18 percent this year, to $7.5 billion.
Gartner also expects the sector to show consistent growth through 2013, when it suggests the worldwide SaaS revenue will total over $14 billion.
The content, communications, and collaboration (CCC) market (visit LotusLive to see how IBM plays in this space) and the customer relationship management (CRM) market continue to have the largest amount of SaaS revenue across market segments.
Gartner says that the CCC market generated $2.6 billion in 2009, up from $2.14 billion in 2008, and the CRM segment is generating $2.3 billion in 2009, up from $1.9 billion in 2008.
The future of SaaS seems to be so bright you gotta wear a raincoat.
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