I’m a bit partial to onsite/private cloud, so this is heavily biased, but with current economic conditions I’m predicting a steady decline in SaaS revenue and sales, with a coming shift back to the onsite datacenter. A few recent reddit threads have some interesting comments on the current situation of things.
https://www.reddit.com/r/sysadmin/comments/y80rp2/report_81_of_it_teams_directed_to_reduce_or_halt/
https://www.reddit.com/r/sysadmin/comments/y7jdck/i_miss_on_prem_too/