Global Everything as a Service Market Report 2022 to 2031 - Featuring Amazon.com, AT&T, Cisco Systems and HCL Technologies Among Others - ResearchAndMarkets.com

The "Everything as a Service Market By Offerings, By Type, By Organization Size, By End Use Verticals: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The global everything-as-a-service (XaaS) market was valued at $474.9 billion in 2021, and is projected to reach $2,631.1 billion by 2031, registering a CAGR of 18.9% from 2022 to 2031.

The solutions segment was the highest revenue contributor to the market, with $448.5 billion in 2021, and is estimated to reach $2,404.4 billion by 2031, with a CAGR of 18.5%. The services segment is estimated to reach $226.7 billion by 2031, at a significant CAGR of 24.1% during the forecast period.

Everything or anything delivered as a service is known as XaaS. Suppliers now offer a wide range of resources, technologies, and answers to customers in the form of digital services. Rather than being given to a corporation directly or on-site, this distribution often occurs through a system, such as the web. Anything as a service includes a variety of cloud and remote computer options.

These solutions frequently involve an IT function that has been adjusted to meet a service model enabling businesses to consume digital content. Instead of typical buying license models that demand set, upfront payment regardless of usage quantity, some service providers offer flexible consuming and payment methods.

Some factors including rise in adoption of subscription-based pricing models, migration to cloud computing, and increase in need for better business operations and operational efficiency are funding more expensive IT service providers. Thus, growing data security concerns are likely to be detrimental. However, increase in use of IoT-as-a-service and AI-as-a-service is anticipated to boost market expansion.

Key Benefits

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the everything as a service (xaas) market analysis from 2021 to 2031 to identify the prevailing everything as a service (xaas) market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the everything as a service (xaas) market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global everything as a service (xaas) market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Offerings

• Solutions
• Services

By Type

• CaaS
• DaaS
• SECaaS
• DRaaS
• IaaS
• PaaS
• SaaS
• Others

By Organization Size

• Large Enterprise
• SME's

By End Use Verticals

• BFSI
• IT and Telecommunications
• Government
• Media and Entertainment
• Healthcare
• Manufacturing
• Oil and Gas
• Metals and Mining
• Petrochemicals
• Energy and Utilities
• Agriculture
• Others

By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• France
• Spain
• UK
• Russia
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Latin America
• Middle East
• Africa

Key Market Players

• Accenture LLP
• Alibaba Group Holding Limited
• Amazon.com Inc.
• AT&T Inc.
• Cisco Systems Inc.
• HCL Technologies Limited
• ibm corporation
• Microsoft Corporation
• Nokia Corporation
• Oracle Corporation
• SAP SE

For more information about this report visit https://www.researchandmarkets.com/r/s20q8e-as-a?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20230125005595/en/