New Delhi, March 26 -- India's Software-as-a-Service (SaaS) industry is on a robust growth trajectory, with market size expected to expand from USD 20 billion to USD 100 billion by 2035.

According to a recent report by SaaSBoomi and 1Lattice, this surge will be driven by artificial intelligence-led automation, cost-effective software development, and an increasing adoption of digital tools by small and medium businesses (SMBs) and government initiatives.

A key contributor to this expansion will be enterprise AI and cloud adoption, projected to add USD 35 billion to the market. Industries such as banking, financial services and insurance (BFSI), healthcare, and manufacturing are significantly investing in AI-powered automation and cloud-...