LinkedIn · 2024-12-03
· 547d
2024 SaaS Benchmarks: Growth Expectations, Vertical SaaS Performance, and ACV Strategy
CJ Gustafson analyzes the 2024 SaaS Benchmarks Report, revealing that SaaS spending is rebounding with companies <500 employees leading at 59% increases. The analysis shows that at $50M+ ARR, 25% YoY growth defines elite performance, and vertical SaaS significantly outperforms horizontal competitors with 45% median growth versus 28%.
Metrics in this report
Growth Rate
45%
median
ACV $100K-$250K
Growth Rate
34%
median
ACV $5K-$10K
Median Growth Rate
45%
median
Vertical SaaS
Median Growth Rate
28%
median
Horizontal SaaS
Net Revenue Retention
113%
median
ACV $100K-$250K
Net Revenue Retention
100%
median
ACV $5K-$10K
SaaS Spend Growth
9%
overall
All SaaS companies
SaaS Spend Growth
59%
median
Companies with <500 employees
Top Quartile Growth Rate
100%
p75
Vertical SaaS
Top Quartile Growth Rate
56%
p75
Horizontal SaaS
Year-over-Year Growth (Good)
15%
median
$50M+ ARR companies
Year-over-Year Growth (Great)
25%
upper quartile (p75)
$50M+ ARR companies