Micro SaaS*

Summary

The SaaS industry has experienced exponential growth, with a 500% increase over the past seven years, and Micro SaaS has emerged as a subset focusing on niche applications and specific client needs.

Abstract

The SaaS (Software as a Service) sector is rapidly expanding, with the industry witnessing a near 500% growth in the last seven years. SaaS refers to cloud-based applications for which users pay according to their usage. Major players in the field include Salesforce and Zendesk. Micro SaaS, a subcategory of SaaS, targets smaller, more specialized markets and user bases. These services are designed to fulfill very specific needs within their respective niches. The accompanying sketchnote provides a visual summary of the Micro SaaS landscape.

Opinions

The author suggests that the SaaS industry is experiencing significant growth, indicating a robust and expanding market.
Micro SaaS is presented as a focused segment within the broader SaaS industry, catering to particular needs and client groups.
The inclusion of a sketchnote indicates the author's belief in the value of visual summaries for conveying complex information in a digestible format.

*Software as a Service

SaaS industry is going leaps-and-bounds with the overall industry growing almost 500% over past seven years. SaaS is nothing but an application that is served from cloud, and users pay per use. Salesforce, Zendesk are some major examples. Micro SaaS is a smaller and a niche application serving a very specific need and clientele. Sketchnote below gives an overview of the landscape.