SaaS is shaping up for a comeback in 2024

The SaaS market saw a major slowdown in 2022: revenue growth dropped, layoffs spiked, and R&D spending lagged.

Fortunately, it’s not going to last much longer.

In July of 2023, BDO examined data from public B2B SaaS companies listed on the SaaS Capital Index. Our analysis included data obtained from their public SEC Filings from 2019 through Q1 of 2023.

Based on our findings, we’re expecting a SaaS market turnaround by the beginning of 2024.

Download our report to find out why.

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Want to Know What’s in Our Report? Here’s a Sneak Peek:

Revenue growth is slowing, but recent economic shifts are turning the tide.

R&D spending is picking back up, a trend we’re expecting to continue through the year.

SaaS is putting the brakes on cash burn, with many SaaS companies showing better financial hygiene.

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