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GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Global Everything as a Service Market by Type (Platform as a Service, Software as a Service, Infrastructure as a Service, Analytics as a Service, Device as a Service, Unified Communications as a Service, Other Types) Market by Organization Size (Large Enterprises, Small and Medium Enterprises) Market by Business Type (B2B, B2C) Market by Vertical (Banking, Financial Services and Insurance, Manufacturing, Healthcare & Life Sciences, IT & Telecommunication, Consumer Goods & Retail, Government & Public Sector, Other Verticals) by Geography

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MARKET OVERVIEW

The global Everything as a Service (XaaS) market was valued at $595.78 billion in 2022, and is expected to reach $3958.99 billion by 2032, growing at a 20.77% CAGR during the forecast period, 2023-2032. The market study has also analyzed the impact of COVID-19 and the Russia-Ukraine war on the global Everything as a Service (XaaS) market qualitatively and quantitatively.

Everything as a Service (XaaS) is a paradigm for delivering services through the internet or a network in which consumers pay a subscription fee to access various services they require. XaaS is an umbrella word encompassing several “as a service” concepts. 

XaaS allows enterprises to save capital expenditures while increasing flexibility and scalability in service delivery. Users may obtain the services they require on-demand rather than investing in hardware, software, or infrastructure, and providers can supply the services from a remote location. The XaaS model is gaining popularity as businesses strive to focus on their core skills while outsourcing non-essential services to specialized suppliers. 

Read our latest blog on the Everything as a Service (XaaS) Market

GROWTH ENABLERS

Key growth enablers of the global Everything as a Service (XaaS) market are: 

  • Increasing application of cloud computing systems
    • Many businesses have grown to rely on cloud computing in the last decade. Cloud computing has grown enormously in recent years. Different enterprises rely on this technology to efficiently operate their operations and as the core of their IT infrastructure. Cloud computing enables more efficient data processing on various computer and storage systems when data is accessed through the internet. 
    • Because of new unique, and imaginative computer approaches, strategies for supporting database and network systems that operate inside a complete internet system have significantly advanced. Cloud monitoring services are getting increasingly prevalent as cloud computing develops in popularity.
    • The solutions offered by industry participants in the global XaaS market are beneficial for managing and overseeing operational operations in cloud-based IT infrastructures.
  • Diminishing operational costs and faster deployment
  • Intense demand for pay-as-you-go subscription models

Government and private sector investment in internet technologies

GROWTH RESTRAINTS

Key growth restraining factors are:

  • Vendor lock-in problems in the cloud
  • Issues related to privacy and data confidentiality  
    • Although cloud technology offers numerous advantages, bigger firms are still cautious about moving their data to the cloud, mostly due to security concerns. Some businesses continue to see XaaS or cloud technologies as less dependable owing to concerns about the confidentiality of their intellectual property with third-party services. 
    • Furthermore, enterprises are doubtful that their data is secure with CSPs in a shared network and storage environment.

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KEY MARKET TRENDS

Global Everything as a Service (XaaS) Market | Top Trends

  • Cloud computing in healthcare involves the utilization of distant servers over the internet. It assists in the management of medical data. Cloud storage enables healthcare professionals and medical organizations to safely store huge amounts of information on web servers. IT professionals often maintain such servers. With the implementation of the EMR (Electronic Medical Records) mandate, medical organizations have adopted cloud-based solutions to store and safeguard patient details. 
  • The Internet of Things (IoT) will become easier to apply as underlying technologies improve, allowing organizations and investors to capitalize on new opportunities. The creation of new devices and improved fundamental technologies have assisted in spreading IoT technologies across a wide range of end-use sectors. Investment in Internet of Things technology is expected to increase until 2027. Sensor technology combined with IoT devices will advance, become more inexpensive, and be widely available. This technology’s availability and low cost will enable innovative sensor applications such as large-scale monitoring and detection.

MARKET SEGMENTATION

Market Segmentation – Type, Organization Size, Business Type, and Vertical –

Market by Type:

  • Platform as a Service
  • Software as a Service 
  • Infrastructure as a Service 
    • Infrastructure as a Service (IaaS) is the fastest-growing segment in the by Type segment. Infrastructure as a Service (IaaS) is a cloud computing model in which a 3rd party provider hosts virtualized computing information over the internet. IaaS allows businesses to rent virtualized hardware, including servers, storage, and networking components, on a pay-per-use basis.
    • With IaaS, businesses can quickly and easily scale their computing resources up or down as their needs change without making significant upfront investments in hardware or worrying about its ongoing maintenance and upkeep. Some examples of popular IaaS providers include Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. These providers offer various services, including virtual machines, storage, load balancing, and more, and allow businesses to configure and manage their infrastructure through a web-based interface or API.
  • Analytics as a Service 
  • Device as a Service 
  • Unified Communications as a Service 
  • Other Types

Market by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

Market by Business Type:

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)

Market by Vertical:

  • Banking, Financial Services and Insurance (BFSI) 
    • Banking, Financial Services, and Insurance (BFSI) is the largest segment in the vertical market. Cloud computing is becoming increasingly popular in BFSI because it provides cost savings, scalability, and flexibility. With the highly regulated and data-intensive nature of the BFSI industry, cloud computing offers a secure and reliable way to store and process large amounts of data while ensuring compliance with regulatory requirements. 
    • The use of cloud computing also allows BFSI organizations to quickly and easily scale their resources up or down as needed without significant upfront investments in IT infrastructure. Furthermore, cloud computing provides BFSI organizations with the ability to leverage advanced analytics and machine learning capabilities to improve decision-making and risk management
  • Manufacturing
  • Healthcare & Life Sciences
  • IT & Telecommunication
  • Consumer Goods & Retail
  • Government & Public Sector
  • Other Verticals

GEOGRAPHICAL STUDY

Geographical Study Based on Four Major Regions:
  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, The Netherlands, and Rest of Europe. 
  • Asia-Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Singapore, Australia & New Zealand, and Rest of Asia-Pacific
    • Asia-Pacific is the fastest-growing region for the Everything as a Service (XaaS) market, with cloud migration services in the industry as banks, professional services organizations, airlines, telecommunications companies, and manufacturing migrate to public cloud providers. In addition, Asian countries have expanded their spending on IT infrastructure modernization throughout the years. 
    • Furthermore, several governments are integrating the ‘cloud first’ concept to increase cloud service uptake. Additionally, the boom in remote working has increased demand for the Everything as a Service (XaaS) market. 
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

The major players in the global Everything as a Service (XaaS) market are:

  • Amazon.com Inc
  • Microsoft Corporation
  • Alphabet Inc
  • Salesforce Inc
  • Oracle Corporation
  • Alibaba Group Holding Ltd 

Key strategies adopted by some of these companies:

  • In May 2022, Dell Technologies worked with Snowflake, a cloud data platform, to link its hardware data to the Snowflake Data Cloud. The cooperation seeks to provide clients with greater operational flexibility in multi-cloud settings, satisfy data sovereignty needs, and convert data into insights.
  • In March 2022, Alphabet Inc entered a strategic alliance with Flipkart to provide its cloud-based machine learning technologies and advanced data analytics.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast Units

Revenue ($ Billion)

Segments AnalyzedType, Organization Size, Business Type, and Vertical
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies AnalyzedAmazon.com Inc, Microsoft Corporation, Oracle Corporation, Alphabet Inc, Alibaba Group Holding Ltd, SAP SE, Salesforce Inc, Adobe Systems, VMware, Tata Consultancy Services, IBM Corporation, Nokia Corporation, HCL Technologies Ltd, Rackspace Technology, DXC Technology, Cisco Systems Inc

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
      1. SAAS MARKET IS EXPECTED TO DECLINE IN THE FORECAST PERIOD
      2. IT AND TELECOM SECTORS PROJECT LUCRATIVE PROSPECTS
      3. DATA PRIVACY & OWNERSHIP IS A MAJOR CONCERN
      4. DIVERSE OFFERINGS AVAILABLE IN XAAS MARKET
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASING APPLICATION OF CLOUD COMPUTING SYSTEMS
      2. DIMINISHING OPERATIONAL COSTS AND FASTER DEPLOYMENT
      3. INTENSE DEMAND FOR PAY-AS-YOU-GO SUBSCRIPTION MODELS
      4. GOVERNMENT AND PRIVATE SECTOR INVESTMENTS IN INTERNET TECHNOLOGIES
    2. KEY RESTRAINTS
      1. VENDOR LOCK-IN PROBLEMS IN THE CLOUD
      2. ISSUES RELATED TO PRIVACY AND DATA CONFIDENTIALITY
  4. KEY ANALYTICS
    1. KEY TECHNOLOGY TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
    4. 4.4 MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
  5. MARKET BY TYPE
    1. PLATFORM AS A SERVICE (PAAS)
    2. SOFTWARE AS A SERVICE (SAAS)
    3. INFRASTRUCTURE AS A SERVICE (IAAS)
    4. ANALYTICS AS A SERVICE (AAAS)
    5. DEVICE AS A SERVICE (DAAS)
    6. UNIFIED COMMUNICATIONS AS A SERVICE (UCAAS)
    7. OTHER TYPES
  6. MARKET BY ORGANIZATION SIZE
    1. LARGE ENTERPRISES
    2. SMALL AND MEDIUM ENTERPRISES
  7. MARKET BY BUSINESS TYPE
    1. BUSINESS-TO-BUSINESS (B2B)
    2. BUSINESS-TO-CONSUMER (B2C)
  8. MARKET BY VERTICAL
    1. BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI)
    2. MANUFACTURING
    3. HEALTHCARE & LIFE SCIENCES
    4. IT & TELECOMMUNICATION
    5. CONSUMER GOODS & RETAIL
    6. GOVERNMENT & PUBLIC SECTOR
    7. OTHER VERTICALS
  9. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET DRIVERS
      3. NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET CHALLENGES
      4. KEY PLAYERS IN NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET DRIVERS
      3. EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET CHALLENGES
      4. KEY PLAYERS IN EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES 
        3. FRANCE
          1. FRANCE EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        6. THE NETHERLANDS
          1. THE NETHERLANDS EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        7. REST OF EUROPE
          1. REST OF EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET ESTIMATES & SIZES
      2. ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET DRIVERS
      3. ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        5. THAILAND
          1. THAILAND EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        6. INDONESIA
          1. INDONESIA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        7. SINGAPORE
          1. SINGAPORE EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET ESTIMATES & SIZES
      2. REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET DRIVERS
      3. REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET CHALLENGES
      4. KEY PLAYERS IN REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA EVERYTHING AS A SERVICE (XAAS) MARKET SIZE & OPPORTUNITIES
  10. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES
      2. PARTNERSHIPS
      3. ACQUISITIONS
    2. COMPANY PROFILES
      1. ADOBE SYSTEMS
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      2. ALIBABA GROUP HOLDING LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      3. ALPHABET INC
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      4. AMAZON.COM INC
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      5. CISCO SYSTEMS INC
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      6. DXC TECHNOLOGY
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
      7. HCL TECHNOLOGIES LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
      8. IBM CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
      9. MICROSOFT CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      10. NOKIA CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      11. ORACLE CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      12. RACKSPACE TECHNOLOGY
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
      13. SALESFORCE INC
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      14. SAP SE
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      15. TATA CONSULTANCY SERVICES
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS
      16. VMWARE
        1. COMPANY OVERVIEW
        2. PRODUCTS / SERVICES LIST
        3. STRENGTHS & CHALLENGES ANALYSIS

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – EVERYTHING AS A SERVICE (XAAS)

TABLE 2: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 3: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 4: GLOBAL PLATFORM AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 5: GLOBAL PLATFORM AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 6: GLOBAL SOFTWARE AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 7: GLOBAL SOFTWARE AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 8: GLOBAL INFRASTRUCTURE AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 9: GLOBAL INFRASTRUCTURE AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 10: GLOBAL ANALYTICS AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 11: GLOBAL ANALYTICS AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 12: GLOBAL DEVICE AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 13: GLOBAL DEVICE AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 14: GLOBAL UNIFIED COMMUNICATIONS AS A SERVICE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 15: GLOBAL UNIFIED COMMUNICATIONS AS A SERVICE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 16: GLOBAL OTHER TYPES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 17: GLOBAL OTHER TYPES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 18: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 19: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 20: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 21: GLOBAL LARGE ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 22: GLOBAL SMALL AND MEDIUM ENTERPRISES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 23: GLOBAL SMALL AND MEDIUM ENTERPRISES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 24: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY BUSINESS TYPE, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 25: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY BUSINESS TYPE, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 26: GLOBAL BUSINESS-TO-BUSINESS (B2B) MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 27: GLOBAL BUSINESS-TO-BUSINESS (B2B) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 28: GLOBAL BUSINESS-TO-CONSUMER (B2C), MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 29: GLOBAL BUSINESS-TO-CONSUMER (B2C), MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 30: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY VERTICAL, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 31: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY VERTICAL, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 32: GLOBAL BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 33: GLOBAL BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 34: GLOBAL MANUFACTURING MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 35: GLOBAL MANUFACTURING MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 36: GLOBAL HEALTHCARE & LIFE SCIENCES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 37: GLOBAL HEALTHCARE & LIFE SCIENCES MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 38: GLOBAL IT & TELECOMMUNICATION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 39: GLOBAL IT & TELECOMMUNICATION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 40: GLOBAL CONSUMER GOODS & RETAIL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 41: GLOBAL CONSUMER GOODS & RETAIL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 42: GLOBAL GOVERNMENT & PUBLIC SECTOR MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 43: GLOBAL GOVERNMENT & PUBLIC SECTOR MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 44: GLOBAL OTHER VERTICALS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 45: GLOBAL OTHER VERTICALS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 46: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 47: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 48: NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 49: NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 50: LEADING PLAYERS OPERATING IN NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET

TABLE 51: EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 52: EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 53: LEADING PLAYERS OPERATING IN EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET

TABLE 54: ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 55: ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 56: LEADING PLAYERS OPERATING IN ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET

TABLE 57: REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 58: REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 59: LEADING PLAYERS OPERATING IN REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET

TABLE 60: LIST OF PRODUCT LAUNCHES

TABLE 61: LIST OF PARTNERSHIPS

TABLE 62: LIST OF ACQUISITIONS

LIST OF FIGURES 

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR NORTH AMERICA

FIGURE 4: GROWTH PROSPECT MAPPING FOR EUROPE

FIGURE 5: GROWTH PROSPECT MAPPING FOR ASIA-PACIFIC

FIGURE 6: GROWTH PROSPECT MAPPING FOR REST OF WORLD

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022

FIGURE 10: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY PLATFORM AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 11: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY SOFTWARE AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 12: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY INFRASTRUCTURE AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 13: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY ANALYTICS AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 14: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY DEVICE AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 15: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY UNIFIED COMMUNICATIONS AS A SERVICE, 2023-2032 (IN $ BILLION)

FIGURE 16: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY OTHER TYPES, 2023-2032 (IN $ BILLION)

FIGURE 17: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2022

FIGURE 18: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY LARGE ENTERPRISES, 2023-2032 (IN $ BILLION)

FIGURE 19: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY SMALL AND MEDIUM ENTERPRISES, 2023-2032 (IN $ BILLION)

FIGURE 20: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, GROWTH POTENTIAL, BY BUSINESS TYPE, IN 2022

FIGURE 21: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY BUSINESS-TO-BUSINESS (B2B), 2023-2032 (IN $ BILLION)

FIGURE 22: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY BUSINESS-TO-CONSUMER (B2C), 2023-2032 (IN $ BILLION)

FIGURE 23: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, GROWTH POTENTIAL, BY VERTICAL, IN 2022

FIGURE 24: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI), 2023-2032 (IN $ BILLION)

FIGURE 25: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY MANUFACTURING, 2023-2032 (IN $ BILLION)

FIGURE 26: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY HEALTHCARE & LIFE SCIENCES, 2023-2032 (IN $ BILLION)

FIGURE 27: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY IT & TELECOMMUNICATION, 2023-2032 (IN $ BILLION)

FIGURE 28: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY CONSUMER GOODS & RETAIL, 2023-2032 (IN $ BILLION)

FIGURE 29: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2023-2032 (IN $ BILLION)

FIGURE 30: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, BY OTHER VERTICALS, 2023-2032 (IN $ BILLION)

FIGURE 31: GLOBAL EVERYTHING AS A SERVICE (XAAS) MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 32: NORTH AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 33: UNITED STATES EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 34: CANADA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 35: EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 36: UNITED KINGDOM EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 37: GERMANY EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 38: FRANCE EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 39: ITALY EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 40: SPAIN EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 41: THE NETHERLANDS EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 42: REST OF EUROPE EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 43: ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN%)

FIGURE 44: CHINA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 45: JAPAN EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 46: INDIA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 47: SOUTH KOREA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 48: THAILAND EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 49: INDONESIA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 50: SINGAPORE EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 51: AUSTRALIA & NEW ZEALAND EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 52: REST OF ASIA-PACIFIC EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 53: REST OF WORLD EVERYTHING AS A SERVICE (XAAS) MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 54: LATIN AMERICA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FIGURE 55: MIDDLE EAST & AFRICA EVERYTHING AS A SERVICE (XAAS) MARKET, 2023-2032 (IN $ BILLION)

FAQ’s

FAQs

The global Everything as a Service (XaaS) market was valued at $595.78 billion in 2022.

Yes, the market study has also analyzed the impact of the Russia-Ukraine conflict and the COVID-19 pandemic on the Everything as a Service (XaaS) market qualitatively as well as quantitatively.

Software as a Service generates the largest revenue in the global Everything as a Service (XaaS) market.

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