AlixPartners 'Farewell SaaS' Report: Projects 15% Revenue Decline Year 1, 25-35% Over Three Years, 30-40% M&A Volume Surge
AlixPartners·high signal
AlixPartners published their definitive enterprise software predictions declaring 'the golden age of SaaS is over.' Key projections: SaaS revenue declines up to 15% next year and 25-35% over three years; M&A deal volume up 30-40% YoY in 2026; hybrid pricing models capturing up to 40% of software revenue by 2026; and AI-native companies commanding 5-6x valuation premiums with 7-8 percentage points higher growth vs. SaaS peers. Midsize software companies face a 'big squeeze' between AI-native startups and big tech's billions.