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%.

12 metrics· Cited 0× in the knowledge base ·Open source ↗

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