India's software-as-a-service (SaaS) industry is expected to touch $100 billion by 2035, from $20 billion currently, helped by artificial intelligence-led discontinuities in automation, cost-effective software development, expanding small and medium business (SMB) adoption, and deepening government digital initiatives, according to a report by SaasBhoomi. Growing enterprise artificial intelligence and cloud adoption will be a major growth lever, expected to contribute $35 billion in market expansion.