5 Industry-Shaking SaaS Trends to Follow in 2023

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saas trends

The world of SaaS is constantly evolving, with new trends emerging every year. From the rise of AI and machine learning to the increasing popularity of subscription-based business models, these trends provide insight into how SaaS companies can operate and grow.

Whether you’re running a startup or SME, or you work in the SaaS sector yourself, staying informed about these trends will help you make strategic decisions and stay ahead of the competition. 

Chargebee has combined its industry expertise with Google Trends analysis of top SaaS movements, comparing its growth from the start of 2022 to its close, showcasing which areas are on an upward trend for 2023.  

White Label SaaS +614%

White label SaaS platforms allow businesses to purchase software and rebrand it as their own. It’s an elegant no-code solution for companies that are keen to enter the software market but lack the resources needed to do so.

“White label SaaS” has seen a staggering 614% growth in search volume since the start of 2022, and it’s a trend we expect to enjoy further growth in the SaaS market as we head into 2023. 

PaaS (Platform as a Service) +95%

PaaS (Platform as a Service) providers offer a complete development and deployment environment, all accessible via the cloud. Through these services, clients can develop, run, and manage business applications without the hassle of maintaining the complex infrastructure associated with software development. 

According to our research, searches for the phrase "PaaS providers" have increased by 95%. It’s expected that PaaS will grow over the next year, as businesses increasingly shift their focus from management to innovation.

No-code SaaS +93%

The popularity of no-code and low-code tools is showing little sign of slowing down — our research shows a 93% increase in search volume since 2022 commenced. Thanks to no-code SaaS solutions, practically anyone can build a website, open an eCommerce store, or manage recurring payments via automation.

The simplicity of no-code platforms is evident in Chargebees' service. People and businesses can easily set up reporting functionalities and payment gateways without needing any coding experience, making it easier to start an online business. This accessibility is a key benefit of no-code platforms.

Customer churn/retention tools +81%

Subscription-based business models remain popular with consumers — a sector where customer retention is essential. Little wonder then, why the customer retention tools trend is showing an 81% search volume increase since the start of 2022.

As we approach 2023, expect the growth of both lifecycle management tools and subscription businesses to mirror one another. By reducing customer churn, subscription businesses stand to benefit from additional revenue and increased brand loyalty, and customer retention tools can help them achieve this. 

Collaboration software +41%

With most businesses continuing to operate in hybrid or fully remote work environments, collaborative tools remain essential. There are promising signs for the future of the sector, too, with a 41% spike in search volume since January 2022. 

In 2023, the top collaborative tools will continue to grow. However, this growth will largely depend on their ability to stand out in the crowd, by taking advantage of forward-thinking features such as AR & VR integration, and spatial audio.