TDM Financial: Why Is the European SaaS Market Ripe for Growth?
(firmenpresse) - REDONDO BEACH, CA -- (Marketwired) -- 11/05/16 -- TDM Financial, a leading financial publisher and network, recently posted an article examining opportunities in the European Software-as-a-Service (SaaS) market.
The Software-as-a-Service ("SaaS") industry is expected to generate more than $160 billion in annual revenue by 2020, according to . While the United States accounts for the majority of the market, European markets have been quickly closing the gap in a number of niches. France''s Mailjet, Greece''s Workable, and Germany''s ChartMogul have all raised millions in venture capital while several U.S. firms have setup satellite offices.
Many large SaaS companies have expanded into Europe, but the best opportunities may lie in niche subsets of the market. For example, Accelerize Inc.''s (OTCBB: ACLZ) CAKE platform targets performance-based marketing rather than CRM or accounting applications that have much more competition. The company has been steadily expanding its global presence with customers across more than 40 countries around the world.
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TDM Financial is a leading financial publisher with a network of properties targeting vertical industries and market niches. With distribution across leading financial platforms, these properties attract hundreds of thousands of investors each month with compelling content authored by expert financial writers and analysts.
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Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. TDM Financial is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. TDM Financial may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. TDM Financial may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: .
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Paul Archie
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Datum: 05.11.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 1468176
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