PUBLISHER: Inkwood Research | PRODUCT CODE: 1240644
PUBLISHER: Inkwood Research | PRODUCT CODE: 1240644
The North America Everything as a Service (XaaS) market is evaluated to develop with a CAGR of 19.37% during the forecast years of 2023 to 2032. The region's market growth is mainly propelled by key factors such as the presence of a significant skilled labor pool, the continuous expansion of industries, and the rise in innovation as well as the development of new technology.
The North America Everything as a Service (XaaS) market growth evaluation comprises the assessment of Canada and the United States. Enterprises operating in Canada are increasingly emphasizing organizational productivity. As a result, they are continually seeking solutions that could enable them to yield better productivity and efficiency. This factor, in turn, will likely contribute to the growth of the Everything as a Service (XaaS) market growth in Canada.
Conversely, as per a poll conducted by Intuit, an American business software company, more than a quarter of small businesses in Canada utilize XaaS-based solutions for their operations, with around 69% employing cloud-based services as well as software regularly. Moreover, the presence of key players, such as Hootsuite, FreshBooks, and Shopify, is further encouraging the use of XaaS solutions in the country. Hence, the aforementioned factors are anticipated to facilitate the North America Everything as a Service (XaaS) market growth in North America during the forecast years.
Some of the top enterprises operating in the market include: Microsoft Corporation, Amazon.com Inc, Alphabet Inc, etc.