4 SaaS Trends You Should Watch Out for in 2021

by Zorbis Business Enterprise Web Design Solutions | Application Deve

SaaS is monopolizing the cloud computing market. Gartner has predicted that the service-based cloud application industry will be worth $143.7 billion by 2022. This single statistic indicates the exponential growth level and lays down the foundation of SaaS trends in 2021.

SaaS, short for ‘Software as a service,’ offers plenty of agility, simplicity, security. User-accessibility, and cost-effectiveness for companies, making it an incredibly reliable option for numerous software business models and industries. At present, most companies are speeding up implementing and shifting towards SaaS business intelligence tools to help them complete their cloud-based projects effectively.

2020 came out as a breakthrough year for the SaaS providers in many ways. With a new year insight, in this article, we will explore 5 SaaS trends that will excel in 2021.

1) Artificial Intelligence (AI)

Artificial Intelligence technology is prevailing day by day, becoming a real game-changer, expected to hold the market value of $733.7 billion by 2027.

Artificial intelligence is projected to influence the SaaS landscape in different ways, upgrading the SaaS model providing more efficient results. AI-powered technologies optimize business processes, increase their productivity and overall efficiency. Behind said that, SaaS supported by AI capabilities would enhance their data automation and personalize services, improve security, and significantly increase human tendency. Hence, be mindful of this trend in 2021 to respond better with more flexibility.

2) Vertical SaaS

Vertical cloud is another SaaS trend that will escalate in 2021 and beyond. This SaaS model aims to meet the specific industry requirements, unlike its cloud horizontal model, which has a single point of contact. Vertical SaaS helps you get closer to your customers to provides them the best services offered by the field.

Vertical cloud is said to reduce customer retention rates by 8 times than horizontal platforms, making this tendency to lead SaaS future trends. Out of all, logistics and retail analytics and health BI software will benefit from the vertical cloud at the moment.

3) Mobile-First Approach

In 2021, mobile optimization will become a top priority for cloud service providers. It is one prominent trend that the imperishable threat of COVID-19 has accelerated. Now, SaaS Providers Companies are increasingly using smartphones to manage their businesses from anywhere in the world. Employees also have become more mobile to fulfill tasks at their end. Thus, SaaS providers will put a greater emphasis on their mobile-first design and functionality. Communications, project & task management are key fields to adopt this SaaS technology trend.

4) Micro SaaS

To keep up with the everyday emerging new technologies, SaaS Providers companies will have to find innovative ways to offer value and connect with new prospects. Micro SaaS is one of them. Micro-SaaS businesses are usually run by one person or a team targeting a niche market. These more niche-specific, ‘miniature’ SaaS offerings have the expertise of proving increasingly valuable to businesses across industries in 2021. So, be prepared to expect a host of fresh micro-SaaS innovations in the coming time.

Bottom Line

These 4 essential trends and more in SaaS development will shape the landscape for entrepreneurs in 2021. Since last year, many developments have been taking place and some have evolved recently, paving the way for brand new concepts that will drive the industry forward.

It’s time to take the lead! If you are ready to indulge in the growth of SaaS and benefit from your own software-as-a-service solution, let SaaS providers at Zorbis help you leverage this futuristic cloud technology and to make innovation, intelligence, and growth your priorities in 2021.