Target revenue growth of SaaS companies in India 2023

Published by
Shangliao Sun,
Dec 18, 2023
In a survey conducted by the end of 2022, 40 percent of the respondents, who were CXOs of major Indian software as a service (SaaS) companies, stated that their companies were targeting to have more than 100 percent revenue growth in 2023. On the other hand, only two percent of the respondents stated that their companies' revenue would grow from 10 to 20 percent.

Target revenue growth of Software as a Service (SaaS) companies in India for 2023

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Release date

February 2023

Region

India

Survey time period

Q3 and Q4 2022

Number of respondents

40 India-heritage B2B SaaS companies

Method of interview

Online survey

Supplementary notes

Survey focused on companies with more than one million annual recurring revenue (ARR).
Respondents were the CXOs of the companies.

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