Shift to SaaS[edit]
SCMS adoption is growing faster than the broader enterprise application software market. The annual revenue from SCMS (on-premises and SaaS) reached $10 billion in 2014, a 12 percent increase over 2013.[3]
While premises-based software was still more widely used than SaaS solutions for SCMS in 2014, Gartner projects that about two-thirds of the growth in SCMS adoption between 2015 and 2018 will be based on the SaaS subscription model: driven by a growing realization of the benefits of cloud-based services, the SaaS-based SCMS market grew by about 24 percent in 2014 and is projected to continue to grow at a 19 percent compound annual growth rate (CAGR), reaching $4.4 billion in annual sales by 2018.[4]