Revenue generated by the cloud and software as a service (SaaS) markets is expected to increase across all regions all the world between 2021 and 2026. Latin America is forecast to be the fastest-growing cloud and SaaS market, its revenue growing from 6 billion U.S. dollars in 2021 to 20 billion U.S. dollars by 2026. between 2021 and 2026, representing a compound annual growth rate of 28 percent.
Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region
(in billion U.S. dollars)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
Latitud. (November 28, 2023). Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 16, 2025, from https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/
Latitud. "Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region (in billion U.S. dollars)." Chart. November 28, 2023. Statista. Accessed April 16, 2025. https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/
Latitud. (2023). Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 16, 2025. https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/
Latitud. "Revenue of The Cloud and Software as a Service (Saas) Industries Worldwide between 2021 and 2026, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/
Latitud, Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/ (last visited April 16, 2025)
Revenue of the cloud and software as a service (SaaS) industries worldwide between 2021 and 2026, by region (in billion U.S. dollars) [Graph], Latitud, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1426366/cloud-saas-industries-revenue-by-region/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
