Infobird Co., Ltd (NASDAQ: IFBD) and its Influence on China’s SaaS Market
SMEs account for about 60% of China’s production GDP However, they have a relatively low adoption of SaaS and automation tools Infobird, through innovation and education, is trying to rectify this issue By targeting these SMEs, it will be impacting the entire Chinese SaaS market, positioning it as a global leader As of 2019, the Chinese software-as-a-service SaaS market was estimated between $3.7 billion and $6 billion in value (https://ibn.fm/NBymg). That was just 6% less than the total value of the global SaaS market. This is great for the country. However, when compared to other nations such as the United…