Growth of SaaS Apps
The market for Software-as-a-Service (SaaS) applications, or apps, was valued at $186B in 2022, and expected to grow to $700B by 2030, a CAGR of 18%. As organizations adopt more SaaS apps for business-critical operations, they expose sensitive data across an ever larger and more diversified variety of egress points in the cloud. And as attackers tend to follow the data, they are targeting SaaS apps like never before.
Organizations that rely on SaaS apps for critical operations require a cloud-based security solution that helps them maintain compliance with industry regulations and protect against potential threats and risks. To stay safe, the first line of defense is to secure the weakest link, which in the case of SaaS apps is their security posture.