According to a Goldman Sachs study published earlier this year, global Software as a Service (SaaS) revenues are forecasted to reach $106 billion in 2016, increasing 21% over projected 2015 spending levels. Before we see whether these predictions come true – we think they will! – we thought we’d share this great infographic from Staff.com that gives a neat overview of the current state of the SaaS industry.

Staff.com presents The State of Software-as-a-Service