Everything as a Service Global Market Report 2024

Description

Everything as a Service Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on everything as a service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for everything as a service? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The everything as a service market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Offerings: Solutions; Services
2) By Enterprise: Small and Medium Enterprise; Large Enterprise
3) By End-User: BFSI; IT and Telecommunications; Government; Media and Entertainment; Healthcare; Manufacturing; Oil and Gas; Metals and Mining; Other End Users
Companies Mentioned: Cisco Systems Inc.; IBM Corporation; AT&T Inc.; Google LLC; Accenture PLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Everything as a Service (XaaS) is a comprehensive term encompassing the delivery of various technologies as services to users via the internet, offering an alternative to traditional local or on-site delivery methods. This approach includes a broad spectrum of services, tools, and technologies provided by manufacturers to consumers across networks or online platforms.

Within the domain of XaaS, the primary categories are solutions and services. Solutions are tailored offerings utilizing customized products to address specific or common challenges unique to each client. Enterprises engaging in XaaS span across small and medium-sized businesses as well as large corporations. The diverse end-users of XaaS include sectors such as BFSI (Banking, Financial Services, and Insurance), IT and telecommunications, government agencies, media and entertainment, healthcare, manufacturing, oil and gas, metals and mining, alongside other industries.

The everything as a service market research report is one of a series of new reports from The Business Research Company that provides everything as a service market statistic, including everything as a service industry global market size, regional shares, competitors with everything as a service market share, detailed everything as a service market segments, market trends, and opportunities, and any further data you may need to thrive in the everything as a service industry. This everything as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The everything as a service market size has grown exponentially in recent years. It will grow from $535.77 billion in 2023 to $652.74 billion in 2024 at a compound annual growth rate (CAGR) of 21.8%. Historical growth can be attributed to cost efficiency measures, scalability options, enhanced remote accessibility, emphasis on core competencies, rapid deployment capabilities, and reductions in time to market.

The everything as a service market size is expected to see exponential growth in the next few years. It will grow to $1362.31 billion in 2028 at a compound annual growth rate (CAGR) of 20.2%. The anticipated growth in the forecast period is driven by various factors such as prioritizing data security and compliance, implementing robust cybersecurity measures, a growing emphasis on sustainability and green computing, ensuring disaster recovery and business continuity plans, and managing regulatory compliance effectively. Major trends expected during this period involve the expansion of Everything-as-a-Service (XaaS) offerings, the rise of edge computing services, the adoption of subscription-based models, a continued focus on sustainability initiatives, the growth of managed services, the development of industry-specific XaaS solutions, and fostering collaboration and interoperability within the industry.

The rising preference for subscription-based models is poised to drive the growth of the everything-as-a-service market. Subscriptions enable organizations to access services as needed, reducing operational expenses and enabling efficient usage monitoring. For instance, in 2021, internet video service subscribers globally surged by 14%, amounting to 1.3 billion, marking a $17.9 billion growth that surpassed satellite TV revenue. Similarly, the United States witnessed a 14% rise, reaching 353.2 million online video subscriptions in the same year.

Globalization's progression is anticipated to fuel the everything-as-a-service market. Globalization involves extensive cross-border exchanges, fostering interconnections among nations, economies, and cultures. Everything as a Service (XaaS) empowers businesses by offering accessible, flexible services across borders. For example, global trade surged to $28.5 trillion in 2021, marking a 25% increase from 2020 and a 13% rise from 2019, underscoring the significant role of globalization in driving XaaS market growth.

Embracing AI and IoT services is a prevailing trend in the everything-as-a-service market. IoT services facilitate end-to-end solutions for designing, deploying, and running IoT systems. Similarly, artificial intelligence as a service (AIaaS) allows cost-effective access to AI technologies. For instance, Google introduced Vertex AI cloud services in May 2021, offering managed AI solutions to expedite AI model implementation and maintenance, unifying various Google Cloud services under a single interface.

Major market players are launching innovative products and solutions to maintain their market standing in the everything-as-a-service domain. These products, transforming conventional services into scalable digital experiences, cater to diverse industries. For example, in September, Lenovo introduced TruScale, an encompassing everything-as-a-service offering. It integrates cutting-edge technology, lifecycle services, and flexible financing, ensuring lower ownership costs for businesses while providing on-premise cloud advantages in data management.

In March 2022, Calian Group Ltd., a prominent Canadian provider of business services and solutions, successfully acquired Computex Technology Solutions for $30 million. This strategic acquisition grants Calian a significant entry into the comprehensive everything-as-a-service (XaaS) market within the US. Moreover, it significantly enhances Calian's portfolio in IT and cybersecurity offerings across Canadian and international markets. Computex Technology Solutions, based in the US, specializes in delivering managed services, cloud computing, enterprise networking, cybersecurity, and creative solutions. With this acquisition, Calian amplifies its capabilities, gaining access to a broader spectrum of innovative solutions and expertise in cutting-edge technologies, thus fortifying its position as a comprehensive provider of business services in the IT and cybersecurity domains on a global scale.

Major companies operating in the everything as a service market report are Cisco Systems Inc., IBM Corporation, AT&T Inc., Google LLC, Accenture PLC, Orange Business Services Pvt. Ltd., Sterlite Technologies Limited, Oracle Corporation, McAfee LLC, Avaya Inc., Commvault Systems Inc., Solution Analysts Pvt. Ltd., Dell Inc., Juniper Networks Inc., SAP SE, Microsoft Corporation, Salesforce Inc., Adobe Inc., Alibaba Group Holding Limited, HCL Technologies Limited, Nokia Corporation, ServiceNow Inc., Workday Inc., Alphabet Inc., Amazon Inc., Zoho Corporation, Heroku Inc., Portainer Inc., Green Cloud Technologies LLC, Nutanix Inc., Red Hat Inc., Citrix Systems Inc., Mimecast Services Limited, Dropbox Inc., DocuSign Inc., Zoom Video Communications Inc., and Twilio Inc.

North America was the largest region in the everything as a service market in 2023. The regions covered in the everything as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the everything as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The everything as a service market includes revenues earned by entities by providing services such as Hardware-as-a-Service (HaaS), Security-as-a-Service (SECaaS), Healthcare-as-a-Service (HaaS), Transportation-as-a-Service (TaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12681

1. Executive Summary

2. Everything as a Service Market Characteristics

3. Everything as a Service Market Trends And Strategies

4. Everything as a Service Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Everything as a Service Market Size and Growth

5.1. Global Everything as a Service Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Everything as a Service Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Everything as a Service Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Everything as a Service Market Segmentation

6.1. Global Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solutions
Services
6.2. Global Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Small and Medium Enterprise
Large Enterprise
6.3. Global Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Banking Financial Services and Insurance (BFSI)
IT and Telecommunications
Government
Media and Entertainment
Healthcare
Manufacturing
Oil and Gas
Metals and Mining
Other End Users

7. Everything as a Service Market Regional And Country Analysis

7.1. Global Everything as a Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Everything as a Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Everything as a Service Market

8.1. Asia-Pacific Everything as a Service Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Everything as a Service Market

9.1. China Everything as a Service Market Overview
9.2. China Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Everything as a Service Market

10.1. India Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Everything as a Service Market

11.1. Japan Everything as a Service Market Overview
11.2. Japan Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Everything as a Service Market

12.1. Australia Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Everything as a Service Market

13.1. Indonesia Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Everything as a Service Market

14.1. South Korea Everything as a Service Market Overview
14.2. South Korea Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Everything as a Service Market

15.1. Western Europe Everything as a Service Market Overview
15.2. Western Europe Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Everything as a Service Market

16.1. UK Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Everything as a Service Market

17.1. Germany Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Everything as a Service Market

18.1. France Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Everything as a Service Market

19.1. Italy Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Everything as a Service Market

20.1. Spain Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Everything as a Service Market

21.1. Eastern Europe Everything as a Service Market Overview
21.2. Eastern Europe Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Everything as a Service Market

22.1. Russia Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Everything as a Service Market

23.1. North America Everything as a Service Market Overview
23.2. North America Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Everything as a Service Market

24.1. USA Everything as a Service Market Overview
24.2. USA Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Everything as a Service Market

25.1. Canada Everything as a Service Market Overview
25.2. Canada Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Everything as a Service Market

26.1. South America Everything as a Service Market Overview
26.2. South America Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Everything as a Service Market

27.1. Brazil Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Everything as a Service Market

28.1. Middle East Everything as a Service Market Overview
28.2. Middle East Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Everything as a Service Market

29.1. Africa Everything as a Service Market Overview
29.2. Africa Everything as a Service Market, Segmentation By Offerings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Everything as a Service Market, Segmentation By Enterprise, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Everything as a Service Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Everything as a Service Market Competitive Landscape And Company Profiles

30.1. Everything as a Service Market Competitive Landscape
30.2. Everything as a Service Market Company Profiles
- 30.2.1. Cisco Systems Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. IBM Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. AT&T Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Google LLC
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Accenture plc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Everything as a Service Market Competitive Benchmarking

32. Global Everything as a Service Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Everything as a Service Market

34. Everything as a Service Market Future Outlook and Potential Analysis

34.1 Everything as a Service Market In 2028 - Countries Offering Most New Opportunities
34.2 Everything as a Service Market In 2028 - Segments Offering Most New Opportunities
34.3 Everything as a Service Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer