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Anything-as-a-Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global XaaS (Anything-as-a-Service) market exhibited strong growth during 2015-2020. XaaS is a form of cloud computing that delivers a variety of computer-based services and applications to users through the internet instead of physically providing them locally or on-site within an enterprise. It involves delivering services and applications on-demand or on a subscription basis which enables the consumers to reduce the cost of purchasing services from a provider.

Factors such as the increasing adoption of cloud-based monitoring and growing requirement of scalable storage services are among the key factors driving the global XaaS market. Organizations across the globe are undergoing digitalization transformational changes which has resulted in robust growth of corporate data. Cloud-based storage provides an efficient and economical option for the storage of this data. Moreover, the decreasing cost of purchasing subscribed services with improved bandwidth and connectivity is also expected to create a positive impact on the market growth. Additionally, the surging virtualization of IT solutions such as data center and network functionalities coupled with load balancers, intrusion detection, and firewalls are also contributing to the market growth. Apart from this, XaaS is easy to manage as it replaces the traditional complex methods and is highly customizable to support mobile workforces. As a result, it finds applications across sectors such as insurance, telecom, manufacturing, government, healthcare, finance, banking, etc. Looking forward, IMARC Group expects the global XaaS (Anything-as-a-Service) market to grow at a CAGR of 25.5% during 2021-2026

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Service Area:
    • Storage as a Service 
    • Security as a Service
    • Unified Communications as a Service
    • Network as a Service
    • Database as a Service
    • Backend as a Service
       
  • Market Breakup by Industry
    • IT and Telecom
    • BFSI
    • Manufacturing
    • Others
       
  • Market Breakup by Region:
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • Latin America
       

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being AWS, Cisco, Google, IBM, Microsoft, Alcatel-Lucent, AT&T, Avaya, BigSwitch, CipherCloud, CommonVault, Dell, enStratus Networks, Ericsson, HP, Intel Security (McAfee), Juniper Networks, M5 Networks, National Electric Corporation (NEC), Oracle, Orange Business Services, etc.

Key Questions Answered in This Report:

The global anything-as-a-service market size was valued at US$ 147.70 Billion in 2020.

According to the estimates by IMARC Group, the global anything-as-a-service market is expected to witness a CAGR of 25.50% from 2021 to 2026.

The increasing utilization of cloud-based monitoring, rising volume of corporate data, and the growing requirement of scalable storage services represent some of the key drivers for the global anything-as-a-service market.

The expanding adoption of anything-as-a-service based on its customizability across several sectors such as insurance, telecom, manufacturing, government, healthcare, finance, banking, etc., represents one of the key trends in the global anything-as-a-service market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the increasing adoption of remote working models, thereby positively influencing the demand for XaaS to provide remote data access.

On the basis of the service area, the market has been bifurcated into storage-as-a-service, security-as-a-service, unified communications-as-a-service, network-as-a-service, database-as-a-service, and backend-as-a-service. Currently, storage as a service holds the majority of the total market share.

On the basis of the industry, the market has been divided into IT and telecom, BFSI, manufacturing and others. Among these, IT and telecom represents the largest segment.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Latin America and Middle East and Africa, where North America dominates the global market.

The key companies in the global anything-as-a-service market AWS, Cisco, Google, IBM, Microsoft, Alcatel-Lucent, AT&T, Avaya, BigSwitch, CipherCloud, CommonVault, Dell, enStratus Networks, Ericsson, HP, Intel Security (McAfee), Juniper Networks, M5 Networks, National Electric Corporation (NEC), Oracle, Orange Business Services, etc.

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Anything-as-a-Service Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Service Area
    5.5    Market Breakup by Industry
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Service Area
    6.1    Storage as a Service
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Security as a Service
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Unified Communications as a Service
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Network as a Service
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Database as a Service
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Backend as a Service 
        6.6.1    Market Trends
        6.6.2    Market Forecast
7   Market Breakup by Industry
    7.1    IT and Telecom 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    BFSI
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Manufacturing 
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Others
        7.4.1    Market Trends
        7.4.2    Market Forecast
8   Market Breakup by Region
    8.1    North America 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Europe
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Asia Pacific
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
    12.1    Price Indicators
    12.2    Price Structure
    12.3    Margin Analysis
13  Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    AWS
        13.3.2    Cisco
        13.3.3    Google
        13.3.4    IBM
        13.3.5    Microsoft
        13.3.6    Alcatel-Lucent
        13.3.7    AT&T
        13.3.8    Avaya
        13.3.9    BigSwitch
        13.3.10  CipherCloud
        13.3.11   CommonVault
        13.3.12   Dell
        13.3.13   enStratus Networks
        13.3.14   Ericsson
        13.3.15   HP
        13.3.16   Intel Security (McAfee)
        13.3.17   Juniper Networks
        13.3.18   M5 Networks
        13.3.19   National Electric Corporation (NEC)
        13.3.20   Oracle
        13.3.21   Orange Business Services

List of Figures

Figure 1: Global: Anything-as-a-Service Market: Major Drivers and Challenges
Figure 2: Global: Anything-as-a-Service Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Anything-as-a-Service Market: Breakup by Service Area (in %), 2020
Figure 4: Global: Anything-as-a-Service Market: Breakup by Industry (in %), 2020
Figure 5: Global: Anything-as-a-Service Market: Breakup by Region (in %), 2020
Figure 6: Global: Anything-as-a-Service Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Anything-as-a-Service Industry: SWOT Analysis
Figure 8: Global: Anything-as-a-Service Industry: Value Chain Analysis
Figure 9: Global: Anything-as-a-Service Industry: Porter’s Five Forces Analysis
Figure 10: Global: Anything-as-a-Service (Storage as a Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Anything-as-a-Service (Storage as a Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Anything-as-a-Service (Security as a Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Anything-as-a-Service (Security as a Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Anything-as-a-Service (Unified Communications as a Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Anything-as-a-Service (Unified Communications as a Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Anything-as-a-Service (Network as a Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Anything-as-a-Service (Network as a Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Anything-as-a-Service (Database as a Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Anything-as-a-Service (Database as a Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Anything-as-a-Service (Backend-as-a- Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Anything-as-a-Service (Backend-as-a-Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Anything-as-a-Service (IT and Telecom) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Anything-as-a-Service (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Anything-as-a-Service (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Anything-as-a-Service (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Anything-as-a-Service (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Anything-as-a-Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Anything-as-a-Service (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Anything-as-a-Service (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Anything-as-a-Service Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Asia Pacific: Anything-as-a-Service Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Asia Pacific: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Europe: Anything-as-a-Service Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Europe: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Latin America: Anything-as-a-Service Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Latin America: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Middle East and Africa: Anything-as-a-Service Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Middle East and Africa: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

Table 1: Global: Anything-as-a-Service Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Anything-as-a-Service Market Forecast: Breakup by Service Area (in Million US$), 2021-2026
Table 3: Global: Anything-as-a-Service Market Forecast: Breakup by Industry (in Million US$), 2021-2026
Table 4: Global: Anything-as-a-Service Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Anything-as-a-Service Market Structure
Table 6: Global: Anything-as-a-Service Market: Key Players

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