5 Biggest SaaS Companies in the World

In this article, we discuss the 5 biggest SaaS companies in the world. To read the detailed analysis of the SaaS market, go directly to the 15 Biggest SaaS Companies in the World.

5. Salesforce, Inc. (NYSE:CRM)

Market capitalization as of March 14: $184.01 billion

Salesforce, Inc. (NYSE:CRM) is a pure-play cloud-based software business that provides customer relationship management (CRM) solutions to businesses of all sizes. As an SaaS conglomerate, Salesforce, Inc. (NYSE:CRM)’s offerings include Salesforce Marketing Cloud, a marketing automation platform; Salesforce Service Cloud, a customer service platform that allows businesses to manage customer inquiries, support requests, and case management; Salesforce Commerce Cloud, an e-commerce platform that enables businesses to create and manage online stores, including product catalogs, shopping carts, and payment processing; Salesforce Analytics Cloud, a business intelligence platform; Salesforce AppExchange, a marketplace for third-party applications; and Salesforce Platform, a suite of development tools for building custom applications.

Aristotle Atlantic Partners, LLC commented on Salesforce, Inc. (NYSE:CRM) in its Q3 2022 investor letter. Here is what the fund said:

“We sold Salesforce, Inc. (NYSE:CRM) to reduce our weighting in the Information Technology sector. Salesforce held their investor day, and the company reiterated their organic Fiscal Year 2026 revenue target of $50 billion. This target remains more back-end loaded based on current slowing macroeconomic conditions and requires new annual contract growth well ahead of what the company has been averaging for the past few years. We are skeptical that the company will be able to achieve this revenue target organically and see Merger & Acquisitions (M&A) being key to achieving the growth. While we believe Salesforce has shown good success in growing its non-CRM clouds, we do see more competitive pressures emerging for the Marketing and Customer Service Clouds, specifically on the pricing side during a global economic slowdown.”