Product Code: ANV874
REPORT HIGHLIGHT
In 2020, the global everything as a service (XaaS) market was worth USD 6,800.7 million. The market is expected to increase at a CAGR of 23.9% during the study period.
Everything as a Service (XaaS), often known as anything as a Service, is a subscription-based broad category of cloud computing and remote access services. It encompasses a wide range of products, tools, and technology that are now given to users as a service via the internet. The key advantages of Everything-as-a-Service include improving the expenditure model, speeding up new apps and business processes, and transferring IT personnel to higher-value projects (XaaS).
Market Dynamics
Customers want more control over the services they subscribe to or purchase. As a result, enterprises are shifting away from traditional infrastructure and toward cloud-based platforms, software, and services. Cloud-based products and services help businesses remain ahead of the competition and increase client engagement. Cloud-based solutions/services allow enterprises to improve workforce efficiency, lower costs, simplify deployment and use, and provide improved support and maintenance. For instance, in August 2021, Baxter International Inc., a medical product company, partnered with Amazon Web Services to accelerate digital transformation through cloud technology solutions. To upgrade the organization's platform and apps for patients, consumers, clinicians, and workers, the company shifted from traditional physical data centers to the AWS cloud. Baxter will also use AWS cloud services to provide digital health solutions and analytics to clients and patients. As a result, the market is projected to be driven by the increasing usage of cloud-based services to improve business operations and customer experience.
Rather than purchasing technology or solution, today's consumers choose to pay on a subscription-based model on their needs and consumption. The subscription-based pricing model allows users to choose the technology or solutions that best meet their needs. High-tech firms use the subscription-based approach to deliver products or services as SaaS or cloud offerings. Customers can spend IT dollars as operational expenditures using subscription-based products.
Moreover, Users can save money by purchasing services or solutions on a subscription basis with XaaS. The service aids in the monitoring of consumer usage and the enhancement of service offerings in response to customer demand. Subscription-based services are offered by companies such as Netflix, Amazon, Apple, and Spotify in order to increase client loyalty and engagement. The subscription-based approach increases service and solution adoption.
Segmentation Analysis:
Everything as a service (XaaS) industry is divided into types, enterprise size, end-user, and region.
On the basis of type, the market is divided into several categories, including hardware as a service (HaaS), software as a service (SaaS), platform as a service (PaaS), cybersecurity as a service, infrastructure as a service (IaaS), edge computing as a service, technologies as a service (AI as a service, IoT as a service ) among others.
Software as a service (SaaS) refers to business applications such as customer relationship management, enterprise resource planning, collaboration, messaging applications, and others that are delivered as a service through the internet. Low maintenance costs, scalability, ease of integration, updates, and a subscription-based pricing mechanism are all predicted to drive SaaS use. As a result, SaaS is predicted to have a sizable market share of everything as a service during the projection period.
The market is divided into small and medium-sized enterprises and large enterprises, based on enterprise size.
Due to significant investments in implementing sophisticated technologies, IoT as a service, AI as a service, and new solutions, major organizations have the largest market share. Several significant corporations have already embraced the XaaS paradigm. Many intend to use it for corporate transformation, and it is expected to account for the lion's share of revenue during the forecast period. During the predicted period, the CAGR for small and medium-sized firms (SMEs) is the greatest. The increased usage of cloud services and solutions among SMEs is driving market expansion in this sector due to low capital investment and minimal IT infrastructure requirements.
Competitive Landscape:
To increase their market presence, top market players rely on partnerships, collaborations, product expansion, and new product offerings. Amazon Web Services and others are creating innovative applications for everything as a service in order to capitalize on new growth opportunities. Strategic mergers and acquisitions allow market participants to enhance their existing product portfolios by incorporating new capabilities.
For instance, in October 2021, Avaya Inc. collaborated with Infoline and Omantel to improve customer experience through the use of Avaya OneCloud Contact Center as a service (CCaaS). The collaboration seeks to deliver a cloud-based solution that consolidates consumer insights from numerous apps into a single platform for Omantel and Infoline to develop personalized experiences.
Key features of the study:
- This proposed research study on Everything as a service (XaaS) Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Everything as a service (XaaS) Market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Everything as a service (XaaS) Market
- Impact of COVID-19 on Everything as a service (XaaS) Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Everything as a service (XaaS) Market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Everything as a service (XaaS) Market, we have also included competitive landscape and key innovator analysis for the Everything as a service (XaaS) Market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Everything as a service (XaaS) Market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Everything as a service (XaaS) Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET KEY PLAYEARS
- Amazon Web Services
- Microsoft Corporation
- Google LLC
- AT&T Inc.
- Avaya Inc.
- Cisco Systems Inc.
- IBM Corporation
- McAfee, LLC
- Oracle Corporation
- Orange Business Services
GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY TYPE
- Software as a service (SaaS)
- Platform as a service (PaaS)
- Infrastructure as a service (IaaS)
- Security as a service (SECaaS) Device as a service (DaaS)
- Unified Communications as a service (UCaaS)
- Storage as a service
- Technology as a service
- Others
GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY ENTERPRISE SIZE
- Small Enterprise
- Medium Size Enterprise
- Large Enterprise
GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY END-USER
- Banking
- Financial Services and Insurance (BFSI)
- Retail
- Government
- Healthcare
- Manufacturing
- Transportation
- IT & Telecom
- Others
GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. Everything as a service (XaaS) Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet By Type
- 2.1.2. Market Snippet By Enterprise Size
- 2.1.3. Market Snippet By End-User
- 2.1.4. Market Snippet by Region
- 2.2. Competitive Insights
3. Everything as a service (XaaS) Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Everything as a service (XaaS) Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Everything as a service (XaaS) Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Everything as a service (XaaS) Market Landscape
- 6.1. Market Share Analysis, 2020
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Everything as a service (XaaS) Market - By Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
- 7.1.2. Software as a service (SaaS)
- 7.1.3. Platform as a service (PaaS)
- 7.1.4. Infrastructure as a service (IaaS)
- 7.1.5. Security as a service (SECaaS) Device as a service (DaaS)
- 7.1.6. Unified Communications as a service (UCaaS)
- 7.1.7. Storage as a service
- 7.1.8. Technology as a service
- 7.1.9. Others
8. Everything as a service (XaaS) Market - By Enterprise Size
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Enterprise Size, 2020 & 2027 (%)
- 8.1.2. Small Enterprise
- 8.1.3. Medium Size Enterprise
- 8.1.4. Large Enterprise
9. Everything as a service (XaaS) Market - By End-User
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By End-User, 2020 & 2027 (%)
- 9.1.2. Banking
- 9.1.3. Financial Services and Insurance (BFSI)
- 9.1.4. Retail
- 9.1.5. Government
- 9.1.6. Healthcare
- 9.1.7. Manufacturing
- 9.1.8. Transportation
- 9.1.9. IT & Telecom
- 9.1.10. Others
10. Everything as a service (XaaS) Market- By Geography
- 10.1. Introduction
- 10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 10.2. North America
- 10.2.1. Overview
- 10.2.2. Key Manufacturers in North America
- 10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.2.4. North America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.2.5. North America Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.2.6. North America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7. U.S.
- 10.2.7.1. Overview
- 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.2.7.3. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.2.7.4. U.S. Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.2.7.5. U.S. Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.2.7.6.
- 10.2.8. Canada
- 10.2.8.1. Overview
- 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 1.1.1.3. Canada Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3. Europe
- 10.3.1. Overview
- 10.3.2. Key Manufacturers in Europe
- 10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.3.4. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.5. Europe Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.6. Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.7.
- 10.3.8. Germany
- 10.3.8.1. Overview
- 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.8.3. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.8.4. Germany Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.8.5. Germany Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.9. Italy
- 10.3.9.1. Overview
- 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.9.3. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.9.4. Italy Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.9.5. Italy Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.10. United Kingdom
- 10.3.10.1. Overview
- 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.10.3. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.10.4. United Kingdom Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.10.5. United Kingdom Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.11. France
- 10.3.11.1. Overview
- 10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.11.3. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.11.4. France Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.11.5. France Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.3.12. Rest of Europe
- 10.3.12.1. Overview
- 10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.3.12.3. Rest of the Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.3.12.4. Rest of the Europe Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.3.12.5. Rest of the Europe Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4. Asia Pacific (APAC)
- 10.4.1. Overview
- 10.4.2. Key Manufacturers in Asia Pacific
- 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.4.4. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.5. Asia Pacific Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.6. Asia Pacific Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.7. India
- 10.4.7.1. Overview
- 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.7.3. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.7.4. India Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.7.5. India Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.8. China
- 10.4.8.1. Overview
- 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.8.3. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.8.4. China Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.8.5. China Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.9. Japan
- 10.4.9.1. Overview
- 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.9.3. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.9.4. Japan Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.9.5. Japan Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.10. South Korea
- 10.4.10.1. Overview
- 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.10.3. South Korea Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.10.4. South Korea Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.10.5. South Korea Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.4.11. Rest of APAC
- 10.4.11.1. Overview
- 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.4.11.3. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.4.11.4. Rest of APAC Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.4.11.5. Rest of APAC Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5. Latin America
- 10.5.1. Overview
- 10.5.2. Key Manufacturers in Latin America
- 10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.5.4. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.5.5. Latin America Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.5.6. Latin America Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.7. Brazil
- 10.5.7.1. Overview
- 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.7.3. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.5.7.4. Brazil Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.5.7.5. Brazil Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.8. Mexico
- 10.5.8.1. Overview
- 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.8.3. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.5.8.4. Mexico Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.5.8.5. Mexico Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.9. Argentina
- 10.5.9.1. Overview
- 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.9.3. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.5.9.4. Argentina Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.5.9.5. Argentina Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.5.10. Rest of LATAM
- 10.5.10.1. Overview
- 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.5.10.3. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.5.10.4. Rest of LATAM Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.5.10.5. Rest of LATAM Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6. Middle East and Africa
- 10.6.1. Overview
- 10.6.2. Key Manufacturers in Middle East and Africa
- 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 10.6.4. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.6.5. Middle East and Africa Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.6.6. Middle East and Africa Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.7. Saudi Arabia
- 10.6.7.1. Overview
- 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.7.3. Saudi Arabia Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.6.7.4. Saudi Arabia Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.6.7.5. Saudi Arabia Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
- 10.6.8. United Arab Emirates
- 10.6.8.1. Overview
- 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 10.6.8.3. United Arab Emirates Market Size and Forecast, By Type, 2016 - 2027 (US$ Million)
- 10.6.8.4. United Arab Emirates Market Size and Forecast, By Enterprise Size, 2016 - 2027 (US$ Million)
- 10.6.8.5. United Arab Emirates Market Size and Forecast, By End-User, 2016 - 2027 (US$ Million)
11. Key Vendor Analysis
- 11.1. Competitive Dashboard
- 11.2. Company Profiles
- 11.2.1. Amazon Web Services
- 11.2.2. Microsoft Corporation
- 11.2.3. Google LLC
- 11.2.4. AT&T Inc.
- 11.2.5. Avaya Inc.
- 11.2.6. Cisco Systems Inc.
- 11.2.7. IBM Corporation
- 11.2.8. McAfee, LLC
- 11.2.9. Oracle Corporation
- 11.2.10. Orange Business Services
12. 360 Degree Analyst View
13. Appendix
- 13.1. Research Methodology
- 13.2. References
- 13.3. Abbreviations
- 13.4. Disclaimer
- 13.5. Contact Us