SaaS Recession

Event

A term used to describe the period from mid-2022 to mid-2023, characterized by valuation corrections, missed sales forecasts, and slower growth for software companies, particularly in the B2B sector.


First Mentioned

1/4/2026, 3:45:36 AM

Last Updated

1/8/2026, 4:12:36 AM

Research Retrieved

1/4/2026, 3:53:20 AM

Summary

The SaaS Recession refers to a period of economic contraction and slowed growth within the Software-as-a-Service industry, which industry analysts and observers like David Sacks have recently declared to be over. This transition into a 'SaaS Recovery' is marked by re-accelerating growth among major cloud infrastructure providers, specifically AWS and Google Cloud, as well as enterprise software bellwethers like Atlassian. The recovery is occurring amidst a complex economic landscape characterized by a 'rolling real estate crisis' in the commercial office market and a significant pivot toward AI-driven productivity and investment. While some analysts previously debated whether the recession was a myth or a reality, the current consensus among tech commentators points to a resurgence driven by cost-cutting efficiencies and the integration of foundational AI models.

Research Data
Extracted Attributes
  • Current Status

    Declared over; transitioning to SaaS Recovery

  • Economic Context

    Occurring alongside a commercial real estate crisis and regional bank instability

  • Technological Drivers

    AI Advertising Optimization and Enterprise Productivity tools

  • Primary Indicators of Recovery

    Re-accelerating growth at AWS, Google Cloud, and Atlassian

Timeline
  • Historical SaaS performance during the 2008 recession showed slowed growth for even the best-performing companies. (Source: Web Search: SaaS Capital)

    2008-09-15

  • David Sacks declares the SaaS Recession over during the All-In Podcast Episode 165, citing re-accelerating cloud growth. (Source: Document fa6f8fa4-15ac-4405-9c29-3a4f4cfa393c)

    2024-02-09

Workable (software)

Workable is a software-as-a-service (SaaS) company that provides a recruitment and human resources (HR) management platform. It is based in Boston, Massachusetts.

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