Software as a Service companies annual recurring revenue in India 2019-2022
In 2022, the annual recurring revenue (ARR) of Software as a Service (SaaS) companies in India reached around 13 billion U.S. dollars. During the same period, the investments in India's Software as a Service (SaaS) sector was estimated to reach 5.1 billion U.S. dollars. The Indian SaaS sector has been continuing to mature at a rapid speed, with more companies reaching larger scale and attracting increasing investment interests.