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Anything-as-a-Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global anything-as-a-service (XaaS) market reached a value of US$ 198.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 624.1 Billion by 2027, exhibiting a CAGR of 20.08% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global anything-as-a-service (XaaS) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on service area and industry.

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


Breakup by Industry:

  • IT and Telecom
  • BFSI
  • Manufacturing
  • Others


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 Amazon Web Services, Inc. (AWS), Cisco Systems, Inc., Google LLC, Hewlett-Packard Company (HP), National Electric Corporation (NEC), International Business Machines Corporation (IBM), Microsoft Corporation, Alcatel-Lucent SA, AT&T, Inc., Avaya, Inc., Big Switch Networks, Inc., CipherCloud, Inc., Commvault Systems, Inc., Dell Technologies, Inc., enStratus Networks LLC, Telefonaktiebolaget LM Ericsson, McAfee LLC (Intel Security), Juniper Networks, Inc., M5 Networks, Inc., Oracle Corporation and Orange Business Services.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Service Area, Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Amazon Web Services, Inc. (AWS), Cisco Systems, Inc., Google LLC, Hewlett-Packard Company (HP), National Electric Corporation (NEC), International Business Machines Corporation (IBM), Microsoft Corporation, Alcatel-Lucent SA, AT&T, Inc., Avaya, Inc., Big Switch Networks, Inc., CipherCloud, Inc., Commvault Systems, Inc., Dell Technologies, Inc., enStratus Networks LLC, Telefonaktiebolaget LM Ericsson, McAfee LLC (Intel Security), Juniper Networks, Inc., M5 Networks, Inc., Oracle Corporation and Orange Business Services
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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    Amazon Web Services Inc. (AWS)
        13.3.2    Cisco Systems Inc.
        13.3.3    Google LLC
        13.3.4    International Business Machines Corporation (IBM)
        13.3.5    Microsoft Corporation
        13.3.6    Alcatel-Lucent SA
        13.3.7    AT&T Inc.
        13.3.8    Avaya Inc.
        13.3.9    Big Switch Networks Inc.
        13.3.10  CipherCloud Inc.
        13.3.11   Commvault Systems Inc.
        13.3.12   Dell Technologies Inc.
        13.3.13   enStratus Networks LLC
        13.3.14   Telefonaktiebolaget LM Ericsson
        13.3.15   Hewlett-Packard Company (HP)
        13.3.16   McAfee LLC (Intel Security)
        13.3.17   Juniper Networks Inc.
        13.3.18   M5 Networks Inc.
        13.3.19   National Electric Corporation (NEC)
        13.3.20   Oracle Corporation
        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$), 2016-2021
Figure 3: Global: Anything-as-a-Service Market: Breakup by Service Area (in %), 2021
Figure 4: Global: Anything-as-a-Service Market: Breakup by Industry (in %), 2021
Figure 5: Global: Anything-as-a-Service Market: Breakup by Region (in %), 2021
Figure 6: Global: Anything-as-a-Service Market Forecast: Sales Value (in Billion US$), 2022-2027
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$), 2016 & 2021
Figure 11: Global: Anything-as-a-Service (Storage-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Anything-as-a-Service (Security-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Anything-as-a-Service (Security-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Anything-as-a-Service (Unified Communications-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Anything-as-a-Service (Unified Communications-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Anything-as-a-Service (Network-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Anything-as-a-Service (Network-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Anything-as-a-Service (Database-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Anything-as-a-Service (Database-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Anything-as-a-Service (Backend-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Anything-as-a-Service (Backend-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Anything-as-a-Service (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Anything-as-a-Service (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Anything-as-a-Service (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Anything-as-a-Service (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Anything-as-a-Service (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Anything-as-a-Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Anything-as-a-Service (Other Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Anything-as-a-Service (Other Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Anything-as-a-Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia Pacific: Anything-as-a-Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia Pacific: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Europe: Anything-as-a-Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Europe: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Latin America: Anything-as-a-Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Latin America: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Middle East and Africa: Anything-as-a-Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Middle East and Africa: Anything-as-a-Service Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Anything-as-a-Service Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Anything-as-a-Service Market Forecast: Breakup by Service Area (in Million US$), 2022-2027
Table 3: Global: Anything-as-a-Service Market Forecast: Breakup by Industry (in Million US$), 2022-2027
Table 4: Global: Anything-as-a-Service Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Anything-as-a-Service Market Structure
Table 6: Global: Anything-as-a-Service Market: Key Players


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Key Questions Answered in This Report

The global anything-as-a-service market was valued at US$ 198.6 Billion in 2021.

We expect the global anything-as-a-service market to exhibit a CAGR of 20.08% during 2022-2027.

The increasing utilization of cloud-based monitoring services, the rising volumes of corporate data,
and the growing requirement for scalable storage services are primarily driving the global anything-
as-a-service market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of anything-as-a-
service solutions as they provide remote data access and data privacy with the increasing
deployment of work-from-home and Bring Your Own Device models by numerous organizations.

Based on the service area, the global anything-as-a-service market has been segmented 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. Among these, storage-as-a-service represents the
largest market share.

Based on the industry, the global anything-as-a-service market can be bifurcated into IT and
telecom, BFSI, manufacturing, and others. Currently, the BFSI industry accounts for the majority of
the total market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global anything-as-a-service market include Amazon Web Services,
Inc. (AWS), Cisco Systems, Inc., Google LLC, Hewlett-Packard Company (HP), National Electric
Corporation (NEC), International Business Machines Corporation (IBM), Microsoft Corporation,
Alcatel-Lucent SA, AT&T, Inc., Avaya, Inc., Big Switch Networks, Inc., CipherCloud, Inc., Commvault
Systems, Inc., Dell Technologies, Inc., enStratus Networks LLC, Telefonaktiebolaget LM Ericsson,
McAfee LLC (Intel Security), Juniper Networks, Inc., M5 Networks, Inc., Oracle Corporation, and
Orange Business Services.

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