Software-as-a-Service (SaaS) in Asia-Pacific (APAC)
The APAC Software as a Service (SaaS) market is expected to grow from $390 million in 2008 to $4321 million in 2015, at a CAGR of 41.0% from 2008 to 2015. The demand for software as a service (SaaS) continues to grow rapidly among enterprises in Asia Pacific region. The region comprises few of the fastest growing economies of the world including India and China where the IT industry is registering phenomenal growth outpacing the global average. However, with the recent economic downturn, enterprises in Asia-Pacific were exploring possibilities of trimming down their IT budgets. This created the opportunity for SaaS in the Asia-Pacific. More Info http://www.marketsandmarkets.com/speaktoanalyst.asp?id=239
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