Statistic Info

Volume of U.S. imports of advanced technology products in 2018, by group (in billion U.S. dollars)

Volume of trade goods in billion U.S. dollars
Information & Communications269.83
Aerospace53.98
Life Science50.03
Electronics43.52
Biotechnology37.87
Opto-Electronics21.19
Flexible Manufacturing14.85
Advanced Materials3.21
Nuclear Technology2.04
Weapons0.93
Statista

More Tech Services Stats

Because of the losses in the early days, which get bigger the more successful the company is at acquiring customers, it is much harder for management and investors to figure out whether a SaaS business is financially viable.

80% of venture capital investments take place in the enterprise

Analyzed by contract value, field sales are primarily evident for companies with median deals over $25K. Inside sales strategies are most popular for companies with $1K-$25K median deal sizes

The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.

SaaS businesses face significant losses in the early years (and often an associated cash flow problem)

For SaaS companies valued at over $1billion, the median amount of financing raised is $206million

Analysed by contract value, field sales are primarily evident for companies with median deals over $25K. Inside sales strategies are most popular for companies with $1K-$25K median deal sizes

At a 35% CAGR, it takes 10 years for a SaaS company to grow from $5M to $100M in ARR

Growth rate accelerates in the expansion stage ($2.5M – $10M ARR)

The average SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

More Growth Strategy Stats

Revenue Churn Rate = (RCR) (MRR at beginning of month – MRR at end of month) – MRR in upgrades during month / MRR at beginning of month

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business; which may have a dramatically negative effect on your company’s growth. Source: Mckinsey

The fastest growing SaaS companies scale their organizations rapidly, growing their teams by an average of 56% each year

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

Revenue per employee has been steadily increasing in SAAS companies. It serves as a great longitudinal measuring stick to understand the increasing or decreasing efficiency of the business

SaaS IPOs have more than doubled over the last 12 years

orecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023.

SAAS companies that are focused mainly on enterprise sales have higher levels of professional services

SAAS companies with >$250K median ACV book nearly 25% of their contracts at 3 years or longer

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