Grenada's SaaS market in 2026 is characterized by an average subscription cost of $45 USD per month, making cloud solutions accessible for small and medium enterprises. The rapid growth of SaaS providers, now numbering 45, underscores the country's digital transformation efforts and the increasing reliance on cloud-based tools. The annual market revenue reaching $9 million USD highlights the sector's expanding economic footprint and technological maturity.
With 62% of businesses utilizing SaaS solutions, Grenada demonstrates a significant shift towards digital operations. The relatively low customer churn rate of 4.8% indicates improved satisfaction and service quality, fostering long-term customer relationships. Overall, the SaaS landscape in Grenada is evolving swiftly, driven by affordability, increasing provider numbers, and expanding digital adoption across sectors.