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

The median annual contract size (subscription component only) for the group was $25K per year. These results are somewhat above the previous survey medians of $21K, $21K, $20K in 2015, 2014 and 2013, respectively.

The median average contract length is 1.3 years. The median billing term is seven months in advance. These results are very comparable to 2015, with average contract length shortening from 1.5 to 1.3 years and average billing period increasing one month over 2015 to seven months.

CATEGORY
SaaS & Tech Growth Strategy

SOURCE
For Entrepreneurs.com

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