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This Article is From Mar 03, 2022

Technology Sector Update - India.Next – The SaaS Juggernaut: Motilal Oswal

Technology Sector Update - India.Next – The SaaS Juggernaut: Motilal Oswal

Technology Sector Update - India.Next – The SaaS Juggernaut: Motilal Oswal
A person uses an illuminated keyboard.  (Photographer: Krisztian Bocsi/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Software as a Service has emerged as one of the biggest disruptor in the global technology industry over the last two decades. It continues to accelerate further as the world rapidly shifts to a cloud-based environment.

The Covid-19 outbreak exacerbated the push to SaaS, given greater flexibility, functionality, and better remote productivity.

Within the SaaS space, Indian companies are now distinguishing themselves, with a long list of firms joining the hallowed ‘Unicorn Club' (valuation of over $1 billion).

While a majority of companies focus on horizontal business software, vertical solutions and innovative infra SaaS plays are also scaling out of India.

With a global competitive product portfolio, the SaaS ecosystem is expected to grow rapidly in India and increase its share of global SaaS to 4-5% (from ~1% at present), translating into a massive $50-70 billion revenue opportunity by CY30.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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