A complete guide on Technology Migration Strategies: (Part 1 – Introduction)
22nd December 20206 mins
Quick Summary: Whether you are an SME or an organization that needs to provide high-quality software solutions to your clients, you are struggling with writing code. To keep up with changing technology and meet the needs of customers, software developers need more time and resources to write code. We have the solution for you! Explore the SaaS trends for all sorts of your business needs.
SaaS development has gained popularity among businesses due to its versatility and accessibility. One of the reasons businesses choose SaaS development models over others is their cost-effectiveness.
There are four types of SaaS applications, such as vertical SaaS, horizontal SaaS, batch SaaS, and hybrid SaaS. If you want to fully comprehend the potential of SaaS, you have to understand its main vectors.
The following blog will bring you five interesting SaaS trends you should care about and adopt in 2023 to get the most out of them. Before we dig up SaaS app development trends, let’s see how SaaS works.
SaaS is a software delivery model that allows you to access data from any device with the help of an internet connection and web browser. We can say that SaaS is a ready-made solution that anyone can use without setting up any software. Today, SaaS applications have been a common and easy-to-use option in different sectors like financial, enterprise resource planning, and analytics.
As of 2022, there are about 337 unicorns in the SaaS market. Here are some reasons why your business should consider a SaaS solution.
Read here: Advantages of SaaS
Given the history and present scenario, it is safe to say that SaaS companies have nowhere to go but up. SaaS development trends are responsible for maintaining this growth. Let’s take a closer look at how SaaS is changing and what the future holds for this popular service model.
A white-label SaaS is an unbranded product that a company purchases. Furthermore, it undergoes rebranding, and the company sells the product as its own.
One of the most prominent examples of white-labeling SaaS is email marketing software. It is something that has added an ease factor in facilitating a seamless communication process in the corporate culture.
White-label SaaS is more favorable for small company owners as it reduces management time and expenditures. Additionally, businesses can cater to a larger audience with an additional set of features. This makes it one of the most intriguing SaaS development trends, especially for small-scale businesses.
6.95 billion denotes the number of smartphones as of 2020. This figure jumped to 7.26 billion in 2022 and is projected to reach 7.49 billion in 2025.
Since such a high population has access to smartphones, SaaS companies must indulge in a smartphone-responsive design. This is necessary for businesses to cater to the audiences that might access their websites through mobile devices.
In other words, we might notice a surge in the launching of the movie versions of the SaaS core products in the future.
Micro-SaaS is one of the SaaS development trends built to regulate small businesses or individuals conducting their business on a low scale. It is a tool that significantly improves the functions of the existing SaaS products by including add-ons, accessories, extensions, etc.
The reason why Micro-SaaS is considered to be one of the best and latest trends in SaaS application development is its limited demand for the workforce. It can function well under the guidance of a single person, thereby negating the requirements of a team.
Generally, people often confuse Micro-SaaS with Vertical SaaS. But the difference is that Micro-Saas can function well under a single person, while Vertical SaaS requires a full-fledged team for the development process.
Some of the best examples of SaaS include SolidGigs (gig finder for freelancers), Plausible (alternative to Google Analytics), Bannerbear (auto-generated social media images), etc.
Whenever businesses are stuck in a dilemma and can’t seem to choose between profitability and customer experience, the latter should be prioritized.
Numbers denote that 66% of customers expect businesses to understand their requirements and needs. This is why more and more SaaS companies are trying to reduce the complexity and focusing more on enhanced customer experience.
Hence, we might notice customer experience as one of the leading SaaS app development trends in the foreseeable future.
Research indicated that 63% of people have experienced SaaS misconfiguration leading to a security concern that prompted SaaS companies to work on security, digital privacy, and encryption.
In the near future, SaaS products will undergo practices, such as enhanced authentication, Cloud Access Security Broker (CASB) solution, SaaS Security Posture Management (SSPM), data encryption, etc.
There is a fierce push to incorporate technology into business. SaaS has emerged as a focus area, thus it’s not unexpected to see how many top SaaS developments are advancing in the industry.
You might feel overwhelmed by the impressively expanding trends, such as white-labeling SaaS, micro-SaaS offerings, etc. In this blog, we have included the most significant ones. They will raise the industry to new heights.
Contact us today with your requirements for SaaS development services.