Antigua and Barbuda has seen significant growth in SaaS adoption, with a churn rate of just 4.8%, indicating high customer loyalty and effective service delivery. The expansion of local SaaS providers, totaling around 45, demonstrates the country's increasing focus on digital solutions for enterprises and government agencies. Revenue growth to approximately $35 million USD reflects a maturing market and rising digital transformation efforts.
The high digital adoption rate of 78% shows a robust digital infrastructure and favorable environment for SaaS growth. The country's investments in cloud infrastructure, totaling around $12 million USD, support this expansion and enable local businesses to leverage cloud-based solutions efficiently. Overall, Antigua and Barbuda's SaaS ecosystem is poised for continued growth, driven by technological advancements and government initiatives to digitize public services.