Nepal's SaaS industry is experiencing rapid growth, with revenues reaching approximately $120 million USD in 2026. The increasing cloud adoption rate of 48% reflects businesses' shift towards digital transformation. The churn rate at 12.5% indicates a competitive yet stable market, with many providers vying for customer retention. The digital workforce's expansion to 60% highlights the country's focus on building tech skills and embracing cloud solutions.
The increasing number of SaaS providers, now totaling around 75, shows a thriving ecosystem of local and regional companies. As more Nepali firms adopt SaaS, the industry is poised for further expansion. The government's support for digital initiatives and rising internet penetration are likely to propel this growth, making Nepal an emerging hub for cloud-based software services in South Asia.