5 Most Profitable Businesses to Start from Home

4. Software as a Service (SaaS)

Average Net Margin: 19.66%

The global market for Software as a Service has been valued at $215.10 billion in 2021, Fortune Business Insights notes. The sector is expected to grow at a CAGR of 12% from 2022 to 2029.  SaaS related services have increased post-pandemic and will continue to do so, as industries race to adopt them for improving their businesses. 

An extremely profitable business, Software as a Service allows skilled entrepreneurs to develop software, license it and host it on cloud infrastructure over the internet. Developers can achieve average net margins of 19.66% through this business. In exchange for using software applications and its tools on a subscription basis, they receive regular payments over a certain period of time.