5 Most Profitable Online Businesses In The World

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In this article, we will be taking a look at the 5 most profitable online businesses in the world. If you wish to see the detailed analysis, head straight to the 15 Most Profitable Online Businesses In The World.

5. Software As A Service (SaaS)

Net Margin: 20.28%

SaaS has revolutionized the software industry by providing businesses with cost-effective and flexible access to applications without the need for local installation. With approximately 30,000 SaaS companies worldwide and about 14 billion SaaS customers, the industry is thriving. The US boasts the largest proportion of SaaS companies, accounting for around 60% of the market. Most SaaS businesses can be started entirely online, even if the software product involves large machine learning models requiring compute-resources, which can be leverged through cloud solutions like Amazon Web Services or Azure Cloud.

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