31 minIn 2023, the cloud market and its most notable players, such as Google, Microsoft, Adobe, and Salesforce, cannot be taken lightly. Cloud software distribution, namely SaaS, PaaS, and IaaS models, invaded the technology world and will not go away any time soon. At the same time, the COVID-19 pandemic increased the importance of remote work for a business to survive, as well as high profitability.
That is why the demand for SaaS solutions that tend to be more cost-effective has risen markedly. And we believe that it is better to ride the SaaS business wave now rather than regret missed opportunities later.
So we have prepared for you a list of SaaS product ideas that will be a great deal for cloud-based solutions for startups in 2023.
Why are SaaS products a good idea for startups?
To begin with, SaaS technology is not a newcomer in the world tech landscape as it reached mainstream adoption over eleven years ago. This brings huge benefits associated with network effects that generate nearly 70% of value in the digital market world.
For example, according to Statista research, the market for SaaS business ideas will rise to almost $195 billion by 2023. It means that the demand for SaaS products will only increase. Furthermore, SaaS will become one of the best business models in the coming years.
Let’s find out what the network effects are and why they are so valuable, especially for new business startup ideas.
A network effect is a mechanism according to which the value a user derives from a service depends on the number of its users.
The correlation here is easy to grasp. The more customers your SaaS startup ideas attract – the more value a particular user gains thanks to the direct network effect. Also, there are indirect network effects that motivate non-users to try SaaS products.
It may sound complicated, so we have prepared an illustration of how good ideas for startups grow. Below, you can see the network effects explained in the example of the SaaS e-commerce platform.
Source: NfX
Which SaaS benefits lead to the mainstream adoption of this product model?
SaaS startup ideas bring their owners average numbers of approximately $50,000 per month. That is why SaaS application ideas are trendy among startup owners.
The SaaS market provides scalability and growth for businesses and delights customers. In our detailed guide on how to build a SaaS product, we have discussed the benefits of the SaaS model for users.
And now, let’s go through the main advantages of cloud-based solutions for startups that bring profit to new startup ideas creators.
- Greater business agility
Business agility is the capability of a company and its new startup ideas to adjust well to the business environment changes. According to the study conducted by AbsolutData, this characteristic makes businesses more competitive.
The SaaS industry is well-known for being a cost-effective domain boosting operational efficiencies. Subscription-based software allows one to use it as needed and switch between providers if required. SaaS also relieves businesses from the need for software updates and monitoring. Thus, companies can focus on better productivity and standing out in a competitive world.
- Better scalability
This point is by far the most referenced benefit of the cloud-based solution for startups. Obviously, it gives the strategic ability to scale your business online with your startup’s growth. But also, the SaaS development allows for tactical resource allocation due to the elasticity of cloud computing power.
Improved on-demand scalability in SaaS solutions is one of the characteristics that reduce the costs associated with your product. If you want to learn more about the expenses you should bear in mind when launching a software-as-a-service product, you can turn to our thorough article on how to calculate the cost to build a SaaS app. The right planning helps great ideas for startups to turn into profitable products.
- Location independence
When developing your SaaS application ideas, you may target any audience you can think of, depending on your resources. This approach encourages you not to rely on traditional ways when implementing the best ideas for startups.
SaaS model allows you to hire professionals from anywhere around the world where there is the Internet. Such specialists can work on developing an app remotely without the need to stay at the office.
Many SaaS firms of all sizes operate in a fully remote mode – Zapier, Hubstaff, Buffer, and Basecamp. By the way, did you know that Basecamp was the first-ever application built with Ruby on Rails?
Read also: Top 10 SaaS Trends to Watch in 2023
Now that we have discussed the benefits of the SaaS approach, we want to look into the best SaaS startup ideas. So let’s proceed to the dozen top SaaS application ideas that will bring you profit in 2023.
26 SaaS product ideas to boom in 2023
Why do certain new business startup ideas turn a lot of profit, and some just fail? Many startups fail simply because the ideas for business startups did not bring the interest of the target audience or prospective investors.
Now, let’s find out what SaaS application ideas are ready to bloom in 2023.
1. Micro-SaaS
“Time is money,” and luckily, micro-SaaS can help a user save both. The micro-SaaS solution trend has emerged as a smaller version of an existing SaaS product. So, you take the classic SaaS business platforms and shrink them considerably to the point where they become “micro.”
Such an approach for SaaS startups is not only affordably priced but also scalable enough. If the first iteration of your product takes over 6-8 weeks of development, you need to reimagine your micro-SaaS idea.
Value. Micro-SaaS fills a missing feature or disables things users may find irrelevant in exchange for a reasonable sum of money. In the crowded market, micro-SaaS businesses address a particular niche or a problem. This is why micro-SaaS stands among the great ideas for startups.
Example. Linkody is one of the micro-SaaS examples that targets to meet customer needs in a better way. It is a backlink tracker designed to find and build links to websites. There are various metrics that give you an idea of the general health of your backlink profile and what impact may have Google's ranking factors on it.
Once you sign up for Linkody, the dashboard shows you the overall data of your site's SEO metrics. Furthermore, a report from Linkody depicts Moz’s score of each link that points to your page. Founded in 2011, this micro-SaaS business currently has $150K in revenue.
2. Cryptocurrency exchange
Nowadays, more and more people are interested in the digital currency theme. They browse the web for the best cryptocurrency exchanges. Therefore, one of the top SaaS project ideas is to build a SaaS crypto exchange for virtual currency trading.
Value. Crypto exchanges are platforms where people can purchase, trade, or convert cryptocurrencies. These platforms are essential for virtual currency to be traded at the scale they are at the present time
Example. Binance is a leading digital asset exchange platform that allows users to exchange virtual currencies. Notably, this platform was founded in 2017 and is now trusted by 120 million traders worldwide. The value of deals conducted through Binance is $76 billion.
The company earns money from the SaaS product by charging an annual fee. Also, it charges trading commissions to investors.
3. NFT marketplaces
Nowadays, NFTs have received growing popularity. Some NFTs were sold for millions of dollars. So, one of the best SaaS product ideas for 2023 is to create an NFT marketplace platform. An NFT, or Non-Fungible Token, is a unit of data that creates a digital embodiment of any unique item. For example, it can be paintings, photos, videos, music, and gifs. Simply put, any content that has at least some uniqueness is valid for this business model.
Value. Developing an NFT SaaS-based marketplace will help support art and spread the word about unknown artists. Also, the NFT platform itself assists in generating new unique tech solutions for the business. So, this is one of the profitable SaaS ideas.
Example. OpenSea is the world's largest NFT marketplace platform by the total value of digital assets. More than 120 million users per month visit this platform. Furthermore, based on one of the newest SaaS ideas to make money, in January 2022, the company raised $300 million in new venture capital. Nowadays, OpenSea is valued at over $13 billion.
A peculiarity of OpenSea is a broad variety of categories. Popular groups include sports, art, and projects from well-known artists. Also, users can buy NFT in the form of a 3D object, audio, or domain name.
Further reading: How to create an NFT marketplace?
4. Investing tools
After the pandemic, many people realized the importance of investing because this approach can protect the budget against inflation. However, it is a common problem for investors to decide whether a company's current valuation is a bargain to acquire. So, one more domain for implementing profitable SaaS ideas for 2023 is the investment field.
Value. Stock market valuation applications help predict expected growth rates, risk-free rates, and dividends. Thus, traders and investors can analyze previous trades in order to improve them in the future. Such analysis will be easy, thanks to the accumulated experience recorded in the application.
Example. Investing.com is a leading investment platform with a SaaS business model that helps investors view real-time data, charts, stocks, forex, indices, and currency quotes. It also provides access to technical analysis, financial news, and analytics.
5. Social media management
In 2022, social media usage accounted for 15% of people’s waking time, reaching 2 hours and 28 minutes daily. That is why social media posts are a great way for SaaS businesses to get a cost-efficient promotion by interacting with the audience. This field produces many profitable SaaS product ideas for 2023.
Value. Social media management software streamlines workflow by covering many social media in one place. Such tools ensure the content is delivered timely to the right audience due to scheduling. You can also measure your social media return on investment (ROI), run social media ads, and get convenient reports. Thus, SaaS startups can successfully use the social media management idea.
Example. ContentCal is a B2B SaaS content marketing platform. It helps build a great online presence for brands thanks to social media post automation, scheduling, and analytics. Based on one of the most interesting SaaS application ideas, this app brought its founder $6.9 million through seed investment. Now it has nearly $1 million in monthly revenue.
You may also like: How to Build a SaaS Startup in 10 Smart Steps.
6. Video rendering and editing
In today’s world, digital marketing is experiencing a spectacular boom. Video content is the largest traffic booster as it increases organic traffic by 157%. Real-time rendering is great for boosting businesses’ online presence, and this field is not so widespread yet. But it is only a matter of time since video rendering technology solutions for startups are considered to be among the top SaaS application ideas.
The market here is represented by large companies like Adobe, Nvidia, Autodesk, and many others. Here, the SaaS software applications are created for professionals, thus, the rates are high, and the pricing models are not so flexible.
Related reading: SaaS Pricing Strategies & Models | Best Successful Examples
Value. Video rendering is one of the most resource-demanding computer processes, especially in real-time. Many non-professional video editors find it challenging to render media using professional software. That is where video editing and rendering SaaS idea comes into play.
Example. VEED is a SaaS startup that facilitates video editing and creating videos from podcasts. This SaaS product idea brings its founders $7 million in annual recurring revenue, with a number of visitors reaching over 1 million.
7. Appointment management
Meetings represent a significant part of running any business. And appointment management SaaS software is aimed to optimize this critical activity. GlobeNewswire predicts that the appointment scheduling software market will reach $424.4 million by 2027. Also, the SaaS segment of this market will continue dominating and welcoming new startup ideas and SaaS solutions.
Value. Appointment management software helps organize customer and staff scheduling and calendar management. Well-designed SaaS product ideas for appointment management significantly improve the workflow. Great appointment scheduling software makes the working process more flexible and efficient.
Example. Calendly is the SaaS solution for appointment management, connecting over 1 million people. It allows for scheduling team and personal appointments and group events. One of the most interesting SaaS startup ideas in the past, Calendly generated nearly $85 million in user subscription revenue in 2022.
8. Content planning
Content strategy creation is a thoughtful and time-consuming process. Statista states that 42% of companies are actively investing in content marketing. Thus, the demand for SaaS product ideas in content planning is ever-increasing.
Value. Content planning platforms help in creating, planning, producing, and analyzing content. This management software provides marketers with tools for content research, optimization, and distribution. Thus, marketers can reach their audience through different channels, such as blogs, podcasts, video platforms, social media, and community posts. Hence, it is a viable business idea for SaaS startups.
Example. CoSchedule is a SaaS-based platform for content planning, organizing, and tracking. In 2022, Gartner Magic Quadrant featured the company as one of the top content marketing platforms. This puts CoSchedule among the most successful SaaS startup ideas brought to life.
Recommended reading: Top Reasons Why SaaS Startups Fail?
9. E-invoicing
E-invoicing is supplied by accounts payable software. According to The Brainy Insights survey, the cloud software in the accounts payable market will grow at a compound annual growth rate (CAGR) of 18%. Thus, this innovative domain will give rise to many profitable SaaS startup ideas in the nearest future.
Value. Fintech startup SaaS idea improves invoice management by accelerating invoice approval and reducing fraud. By offering invoice automation, SaaS companies help businesses and freelancers ensure the accuracy of transactions, save resources, and enhance supplier relationships.
Example. Quadient AP Automation by Beanworks is an account payable automation solution that makes invoicing for e-commerce ninefold faster. Thanks to this great SaaS product idea, Beanworks raised $12.3 million through private investments. Today, Beanworks is part of Quadient company specialized in automating business processes.
10. Virtual assistant
AI virtual assistant for businesses is a program that interprets and uses human language to engage customers. Notably, global AI assistant users have reached 42.1% of the US population. This number is predicted to grow and reach 45.4% of the US population by 2026. Thus, this field is waiting for SaaS application ideas that will develop conversational commerce.
Value. Good SaaS product ideas for virtual assistants improve customer experience and reduce costs. Also, such software-as-a-service ideas can handle team scheduling, planning resources, or measuring employee engagement. At the moment, the capabilities of virtual assistant software are still subject to exploration for SaaS startups.
Example. Conversica is a leading SaaS provider of AI virtual assistants. Conversica captures, scores, and manages leads for sales and marketing teams. Being one of the most powerful SaaS application ideas, Conversica raised $132 million in total funding.
11. Chatbots
Chatbots are software that can understand customers' queries and give quick answers automatically. Nowadays, chatbots are becoming an integral part of customer service because they enhance customer support. Thus, it is another one of the top SaaS ideas for 2023.
Value. The central part of customer support responsibilities on the website or app can be automated with a well-designed bot. So, by having a chatbot on the website, entrepreneurs let their clients know that they will receive answers to their questions at any time. This SaaS business model will be promising in 2023.
Example. Chatfuel is one of the largest chatbot platforms for Facebook and Telegram. In brief, the platform helps businesses design and launch bots.
Recommended reading: SaaS Product Development with Ruby on Rails
12. OKR Tracking
OKR stands for objectives and key results and is a system of goals that creates alignment and engagement around the company goals. Emerged recently, this domain offers great opportunities for SaaS startups.
As remote working is increasingly adopted among companies, it is vital to ensure that the team streamlines their work. Also, the company’s business goals must be transparent and clear to employees. OKR systems help to reach those objectives.
Value. OKR tracking software, with its great SaaS product ideas, helps focus on the goals of a company and measure the results. OKR trackers also provide regular reports and dashboards to visualize the progress. In such a way, OKR tracking solutions keep teamwork visible and measurable.
Example. Timely is a SaaS application that uses AI to build OKRs. With Timely, you can automatically record the time spent in work applications. Based on one of the most innovative SaaS application ideas, this solution raised $1 million through seed investment.
Aligning the team’s work is also essential for us at Codica. That is why we created time-tracking software that monitors and helps tune the development workflow. TimeBot helps project managers to monitor workloads and plan tasks for the team. Thanks to this tool, we improved performance and speed of fulfilling assignments.
13. CRM for freelancers and enterprises
The CRM sphere provides a wealth of profitable SaaS product ideas. CRMs help freelancers and companies handle communication with their clients and prospects. Businesses can provide services and support to them throughout the relationship lifecycle. A CRM helps to keep the data on the connection with clients, such as emails, contacts, sales, payments, and productivity analytics.
CRMs are increasingly popular. The CRM market is projected to reach $120.30 billion by 2027. So, this SaaS idea promises revenue gain.
Value. By using a CRM, freelancers and businesses get a convenient way of tracking customer interactions. Freelancers and enterprises get analytics, email marketing, time tracking, and reporting tools in the CRM system. Thanks to this, they get a better focus on reaching their business goals.
Example. Sendinblue is a cloud-based digital marketing platform that provides CRM and marketing automation. Founded in France in 2012, this SaaS solution is a world-leading digital marketing platform now. It helps freelancers and enterprises to reach clients through many channels like emails, push notifications, live chats, and WhatsApp campaigns. The software also assists you in tracking your progress with AI-based analytics.
14. Accounting and financial transactions
The next among our 26 best ideas for startups is SaaS accounting software development. It is an application that records, processes, and reports the financial transactions of a person or a company. The SaaS product ideas in accounting are not so new. However, the demand for such software and fintech startup ideas is still high.
Value. Accounting software offers inventory and tax management, payroll system, financial reporting, and analytics. Top startup ideas in accounting software track and organize your financial data and offer an accurate look at your finances.
Example. Daxko is a SaaS-based company that provides operations and financial management solutions. The SaaS application idea that allowed to creation of the Daxko accounting product raised a total amount of $8.3 million.
15. Auto parking
Surely, finding a place to park, especially during peak hours, can be a tedious task. Therefore, one of the profitable SaaS ideas is to develop an application that will assist with the parking process. By the way, low competition in this area is an advantage. So, you can safely use this one of the best SaaS ideas for 2023.
Value. Parking apps enable companies to manage the parking space and optimize influx of cars. This contributes to safety of cars and people. By using such services, car owners can reserve a parking spot in advance. So they can be sure that the spot is available for them when they arrive.
Example. Parkit.direct is a leading platform in the parking optimization software sector. This tool provides users with fast and efficient parking solutions. To put it short, it helps to find free parking places and garages.
You may also like: Choosing the Best SaaS Hosting Provider
16. CV generator
The next one of the top SaaS ideas for 2023 is CV generator creation. Of course, sometimes, it's hard to write a resume from scratch independently. Therefore, CV generators help users create and upload professional resumes and are one of the most profitable business ideas.
Value. These SaaS services help create a resume in real time and upload it for printing. That is, online resumes are offered as templates, so users can compose information for their resumes fast and easily. In addition, there is an option to receive experts’ advice to write a resume more correctly.
Example. Novoresume is an online resume-building software that is user-friendly and has many templates for CV creation. Furthermore, this one of the popular SaaS tools offers different fonts and video tutorials. Notably, Novoresume has over 800 positive reviews on Trustpilot.
17. Email delivery
The next one of the software-as-a-service ideas we will consider is the email delivery service. SaaS software can help users manage and organize email for individuals or organizations. It is intended for those businesses that receive and send many emails per day.
Emailing is an essential channel for building a business. For example, the email marketing return on investment (ROI) is still high. With every $1 spent on email marketing, marketers receive $36 in return.
Value. SaaS companies create these software services to help manage different types of emails. For example, these can be shipping notifications, email newsletters, or sign-up confirmations. Businesses and SaaS startups can use these solutions to deliver emails, manage campaigns, or interact with their audience. Additionally, these apps can enable users to track email opens, spam reports, unsubscribes, and bounces.
Example. SendGrid is a leading SaaS company that was founded in 2009. Nowadays, SendGrid successfully delivers over 100 billion emails per month. Also, this powerful SaaS solution sends marketing and transactional emails to over 80,000 paying clients.
18. Route planner
Often, it can be challenging to plan a travel route if the distance is long and you are unaware of the new location. Route planning software will help you by using superior algorithms to select the most optimized route for you. Such software is vital for companies depending on logistics, routes, or field services. Therefore, this is one of the SaaS ideas that are worth attending to in 2023.
Value. This SaaS software helps users reduce costs and find the fastest roads to multiple destinations. Of course, the right SaaS-based trip planner will help a lot for delivery businesses. Routing cloud software assists in finding the fastest route to complete a delivery. Moreover, these apps help shrink fuel usage costs and carbon emissions.
Example. RouteXL is a cloud-based trip planning SaaS platform with road optimization that organizes users’ waypoints in the most efficient way. Simply put, it helps find the best roads with stops fast and easily.
19. Password manager
Each mobile user has an average of 35 apps downloaded on their device. It means that an average will need to remember at least 35 different login credentials. Obviously, using the same password for every site is risky. That’s because if one application database gets hacked, connected accounts with the same password can also be hacked. So, this field requires good SaaS business ideas to solve the problem of secure password storage.
Value. A password manager solves the problem with password protection and storage. It helps users create and remember a unique password for each account. Then, using two-factor authentication or Google Authenticator, users can protect the main account.
Example. Bitwarden is a password generator and manager. It saves users’ passwords and personal information in a secure storage location. Also, this app has enhanced customer service and made the customer experience on the Internet safer and more accessible.
20. Team communication
The domain of team collaboration and project management is expected to grow continuously and attract more ideas for SaaS startups. It is led by worldwide business digitalization and the need for visual data exchange, including smart meeting rooms. Many profitable SaaS application ideas were launched in this domain. But it is ready to grow and welcome more great SaaS business ideas.
This domain is excellent for producing software for a particular niche, such as IT or medicine. Standard team-collaboration tools that are made to fit all are less flexible. So, team communication tools created for a particular niche provide a better user experience and enhance the team’s work.
Value. Team communication software provides tools for effective conversation among employees and business owners. Online collaboration software encourages better team collaboration, improves project management, and boosts productivity.
Example. Mobilize is a community management SaaS platform that provides a private space for a professional network. This SaaS startup raised $15.3 million from investors and paved the way for other good ideas for startups in the field of team communication.
21. Personal habit tracking
Why is this SaaS startup idea worth developing? Because habit trackers are universal and in demand across various demographic groups. So, it will not be too complicated to find an audience who will use this SaaS product. Also, the competition in this field is not very high yet. And, of course, developing a helpful habit is always a good idea.
Value. Habit trackers allow users to track anything they want. For example, how many times they went to the swimming pool or do yoga per month? To summarize, it's a powerful way to develop yourself, see personal progress, and achieve goals.
Example. Habitify is a habit tracker, one of the SaaS examples that help users to build new habits. How? This app allows users to create a list to set up habits. Moreover, the Habitify platform has a tab that lets users see their progress.
Also, it sends notifications to remind users to do everyday useful actions. In general, this solution helps users to be happier, healthier, and successfully achieve their goals.
22. Employee engagement
The next SaaS idea for 2023 is creating employee engagement applications. Many businesses are turning to engagement apps because they bring benefits when it comes to interacting with employees. Employee engagement software helps receive feedback from the team and recognize their success. Such software solicits positive activities that improve the wellness of employees in the company.
Value. Using employee engagement tools can lead to enhanced company culture. Such an app can improve human resource management and lead to a better understanding of employees. For example, a business owner can track how the company culture changes. Thus, they can identify trends and take measures before problems become more serious.
Example. Culture Amp is a SaaS company that provides tools for getting feedback from employees. Based on the feedback received, a company can optimize resources and workflow in the team. Furthermore, this one of the SaaS ideas assists in identifying the most capable employees. Thus, the employer can reward them, which will lead to increasing worker engagement.
23. Marketing automation
Poor marketing strategy remains one of the most widespread reasons why even great ideas for startups fail. You can use this for your benefit and come up with marketing technology solutions for startups. This field is ready to welcome good SaaS product ideas that facilitate different aspects of marketing and brand advocacy for business owners.
Marketing automation SaaS helps you track ad activities, get marketing analytics, and handle video content. Thanks to the data from marketing automation tools, marketers can reach clients and prospects through the proper channels and at the best time.
Value. Marketing automation software streamlines marketing workflow. Also, it measures the results of marketing campaigns. Such SaaS platforms automate many aspects, including email and social media management. The development of such software is considered to be one of the best ideas for startups.
There are marketing automation giants, such as HubSpot. Still, SaaS developed for a particular niche will also provide a great user experience.
Example. Duel is a marketing automation SaaS startup that handles referral and social media marketing.
Research on organic growth phenomena allowed Duel and its great SaaS startup ideas to raise £2.5 million through seed investment.
You may also like: The Best SaaS Startups for Your Inspiration in 2023
24. Telehealthcare
Telemedicine allows healthcare specialists to consult their patients online. For numerous countries, the COVID-19 pandemic has been a catalyst, accelerating the uptake and expansion of telemedicine services. At that time, the task was to reduce the number of patient trips to medical institutions to minimize the probability of infection.
Telehealthcare apps also streamline hospital work by handling routine tasks. As healthcare apps manage patients’ sensitive data, companies follow the standards, such as HIPAA, and ensure the needed security. That is the reason why the telehealthcare field is gaining momentum nowadays in the post-COVID world.
According to Grand View Research, the global telemedicine market’s size is projected to reach $380.3 billion by 2030. This makes telehealthcare a fertile ground for profitable SaaS application ideas for business startups.
Value. Telehealthcare software brings accessibility and convenience for both doctors and patients. This software uses such tools as live and stored video conferencing, remote patient monitoring, and mobile health. So, healthcare software is a profitable business model for SaaS companies.
Example. BetterHelp is the largest health e-counseling platform that connects patients with accredited therapists. Teladoc Health acquired this startup for $30 million, making BetterHelp one of the most profitable SaaS product ideas.
25. Property management
One more domain for innovative SaaS ideas is the property management field. Property management SaaS solutions focus on simplifying connections between property managers and renters. Notably, many startup companies adopted property management SaaS solutions in recent years. This software has become a popular way to rent property online to potential users and manage it.
Value. Property management solutions help real estate professionals and lessors track property leases and maintenance. Also, this software helps manage different residents' tasks. It assists in collecting rent and managing finances. As a result, users and business owners can save costs and streamline operations.
Example. Buildium is a SaaS property management platform. It allows real estate professionals to manage property portfolios. In general, this platform helps users take control of each element of their enterprise. With custom enterprise software development services, they can track online rent payments, accounting, and maintenance cycles.
SaaS for real estate by Codica
One of our works is a real estate SaaS that allows one to list and view real estate property. It connects homeowners, agents, and tenants that can communicate via the platform. A distinguishing feature of this SaaS solution is 3D tours that present the full virtual view of the listed property. Below is a video that presents the basic functionality of this SaaS platform.
26. Low code platform
Low code is an approach that allows you to create apps with minimum use of code. For this, you need a visual interface with drag-and-drop functionality. Though the approach does not replace custom coding, it can assist users, and business owners in creating apps with ready components. They include base-level code, user interface components, scripts, and integrations. Research and Markets forecast that the low code platform market will reach $190,792.6 million by 2030.
Value. Developers and non-developers can use low code for rapid application development for mobile devices. Thus, companies can get their apps done quickly and with fewer costs. At the same, the low-code solutions can be tailored to individual companies' needs. So, this business idea promises revenue in 2023.
Example. Ninox is a SaaS low-code platform for creating tailored database applications. The platform allows you to use low-code tools, such as built-in templates and drag-and-drop formulas. So, users can connect databases according to their business needs. In total, the company has raised $11.4 million in funding.
Codica’s experience in building SaaS solutions
Our experience in custom development includes SaaS projects. We build SaaS apps from scratch with a view of customers’ business needs. Also, we optimize existing SaaS if a client wants to make changes or move data from hard to cloud storage.
One of our recent projects is a custom SaaS platform for the bakery, CakerHQ. It is an Australian resource for ordering stunning desserts for different events.
The app has a convenient contact interface that allows you to choose and book desserts. Also, the solution allows contacting cake makers and getting a preliminary quote. Marking the dates in a calendar helps clients and bakers schedule when desserts are to be ready.
The platform has an appealing and intuitive design that you can see in the video below.
Now is the right time to create your SaaS app
Nowadays, SaaS-based apps are going viral, and it is not without reason. No configuration, installation, compatibility, or update issues make SaaS solutions advantageous for many businesses.
These are the top startup ideas for your SaaS application as of 2023. We believe that the SaaS product ideas we have described ought to inspire you to launch a successful startup. However, you should bear in mind that establishing profitable SaaS startup ideas is a challenging task. And one of the starting points for your journey will be the quest for the right SaaS application development company.
If you need any help with putting your SaaS application ideas into action, do not hesitate to contact us. We will assist in the implementation of your new startup ideas through SaaS development. Also, you can turn to our portfolio and find some inspiration there.
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