Report Highlights
The global everything as a service (XaaS) market should reach $1.8 trillion by 2027 from $530.2 billion in 2022 at a compound annual growth rate (CAGR) of 28.0% for the forecast period of 2022 to 2027.
Report Includes
- 44 data tables and 29 additional tables
- A detailed overview and up-to-date analysis of the global everything as a service (XaaS) market
- Analyses of the global market trends, with historic revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of five-year compound annual growth rates (CAGRs) through 2027
- Highlights of the upcoming market potential for everything as a service (XaaS), and areas of focus to forecast this market into various segments and subsegments
- Estimation of the actual market size and revenue forecast for XaaS market in USD billion values, and their corresponding market share analysis based on type of technology, business model, size of enterprise, end-use industry and geographic region
- Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027)
- Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other competitive advantages
- Assessment of the underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
- Examination of the vendor landscape of global XaaS market comprising key market participants, their global rankings, financial analysis, and competitive scenario for XaaS
- Descriptive company profiles of the market leading players, including Alphabet Inc., Dell Technologies Inc., HCL Technologies Ltd., Microsoft Corp. and SAP SE
Report Scope
The scope of the report includes the global market of commercially deployed everything as a service products, solutions, and services.
- Everything as Service-based products that are in the pilot phase or are live for demonstration purposes have not been considered in the calculation of the overall market size.
- The market size includes the market of both everything as a service type, business, and organization size.
- The final market estimates and forecasts from industry experts are also aligned in the report.
- The report includes both services type and end-use industries for the calculation of overall market size.
- Cloud-based software, solutions and services have not been considered in the report.
Report Synopsis
Report Metrics | Details | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2021 | ||||||||||||||||||||||||
Forecast period considered | 2022-2027 | ||||||||||||||||||||||||
Base year market size | $432.6 billion | ||||||||||||||||||||||||
Market size forecast | $1820.3 billion | ||||||||||||||||||||||||
Growth rate | CAGR of 28.0% from 2022 to 2027 | ||||||||||||||||||||||||
Units considered | $ Billions | ||||||||||||||||||||||||
Segments covered | Type, Business Type, Organization Size, End-use Industry | ||||||||||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||||||||||
Countries covered | U.S., Canada, U.K., Germany, Rest of Europe, China, India, Japan, Rest of Asia-Pacific, Brazil, Mexico, Rest of Latin America | ||||||||||||||||||||||||
Key Market Drivers |
|
||||||||||||||||||||||||
Companies studied |
|
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Artificial Intelligence (AI) in Cancer (BIO196B)
- Nutraceuticals: Global Markets (FOD013J)
- Protective Relays and Circuit Breakers: Global Markets (IAS157B)
- Global Market Opportunities and Competitive Landscape for CDMO (PHM238B)
- Flow Batteries: Global Markets (FCB055B)
Related Reports
Customer Relationship Management (CRM) Software: Global Markets
The global CRM software market reached $56.2 billion in 2022 and should reach $103.5 billion by 2027, with a compound annual growth rate (CAGR) of 13% during the forecast period of 2022-2027.
Global Edge Computing Technology Market: Trends and Forecast to 2027
The global market for edge computing technologies is estimated to increase from $46.3 billion in 2022 to reach $124.7 billion by 2027, at a compound annual growth rate (CAGR) of 21.9% from 2022 through 2027.
Cognitive Computing: Applications and Global Markets
The global market for cognitive computing should grow from $32.5 billion in 2021 to $147.8 billion by 2026 with a compound annual growth rate (CAGR) of 35.4% for the period of 2021-2026.
Sensors for the Internet of Things (IOT): Global Markets
The global market for IoT sensors should grow from $10.9 billion in 2021 to $36.6 billion by 2026 with a compound annual growth rate (CAGR) of 27.4% for the period of 2021-2026.
Recent Reports
Global Private 5G Network Market
The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.
Global IoT Testing Services Market
This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
3D Printing Medical Devices: Global Markets
The global market for 3D printing medical devices reached $2.1 billion in 2023. The market is estimated to grow from $2.2 billion in 2024 to $4.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More