Sweden’s Software as A Service (SaaS) market is projected to witness a compounded annual growth rate of 21.64% to grow to US$16.443 billion by 2026, from US$4.172 billion in 2019. The predominance of a sound business environment alongside the work of the public authority to decrease joblessness in the nation is altogether driving the number of new companies, which thus is supporting the development of sweden software as a service market.