This IDC study analyzes the Software as a Service (SaaS) market and its forecast outlook. Key areas included in this study are: SaaS market trends from both vendor and user perspectives, and an SaaS forecast and definitions for 2005–2009 with APEJ geographic breakouts.
According to Eugene Wee, senior analyst for IDC's Asia/Pacific IT Services Research, "IDC expects a strong SaaS overall compound annual growth rate (CAGR) growth in the region, albeit from a small installed base, with a CAGR (2005–2009) of over 25%. Demand in countries like the PRC and Korea that have showed a strong propensity towards adopting this model, will fuel this increase."