Springboard: Apac's SaaS market to hit US$2.25B by 2012

19.10.2009
Enterprise spending on SaaS in Asia Pacific is expected to grow at 46% between 2008 and 2012, pushing the market to US$2.25 billion by 2012, said Springboard Thursday.

More than 50% of SaaS adopters had evaluated an on-premise application before ultimately choosing a SaaS solution, indicating that SaaS applications have begun to eat into the on-premise applications market across APEJ, according to Springboard in a recently released report.