Everything as a Service Market Expansion Continues, with Forecast Valuation of $1660.21 Billion by 2029

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

Everything as a Service Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the 'everything as a service' market has seen substantial growth in the previous years. It is set to increase from $639.58 billion in 2024 to $770.44 billion in 2025, maintaining a compound annual growth rate (CAGR) of 20.5%. Factors such as cost-effectiveness, scalability, remote accessibility, emphasis on core strengths, swift deployment, and short market entry time contributed to this trend in the historical period.

Everything as a Service Market Size Forecast: What's the Projected Valuation by 2029?
The market size for "everything as a service" is anticipated to experience a significant increase over the next few years, with predictions of a worth of $1660.21 billion in 2029, growing at a compound annual growth rate (CAGR) of 21.2%. This expansion during the forecasted period can be credited to multiple factors such as stringent data security and compliance, enhanced measures for cybersecurity, emphasis on sustainability and green computing, a solid plan for disaster recovery and business continuity, and efficient regulatory compliance management. Key trends during this period include the enlargement of XaaS offerings, services in edge computing, models based on subscription, focusing on sustainability, the growth of managed services, industry-specific XaaS solutions, and promoting collaboration and interoperability.

View the full report here:
https://www.thebusinessresearchcompany.com/report/everything-as-a-service-global-market-report

What Are the Drivers Transforming the Everything as a Service Market?
The rising popularity of subscription-based pricing models is anticipated to propel the everything-as-a-service market's expansion. Such a pricing model enables a client or corporation to buy or subscribe to an IT provider's service for a set period. The implementation of everything-as-a-service cuts operational costs as description-based services can be ordered only when needed, enhancing the customer experience and helping monitor usage. For instance, OMDIA, a UK-based provider of entertainment services, reported in January 2023 that online video subscriptions are forecasted to hit 1.7 billion in 2023, demonstrating market resilience. Around 143 million new subscriptions worldwide are predicted to be added to SVOD services in 2023, equating to about 50% of the growth recorded in 2020, an industry record year. In the United States, nearly 40 million new SVOD subscriptions are expected, showing continued demand as the market continues to mature. Consequently, the growing demand for subscription-based pricing models is fueling the everything-as-a-service market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7878&type=smp

What Long-Term Trends Will Define the Future of the Everything as a Service Market?
The rise in artificial intelligence and IoT service adoption stands out as a noticeable trend in the everything-as-a-service market. IoT services provide a comprehensive suite of services enabling businesses to create, launch, execute, and manage IoT solutions, which include advisory consultations for IoT strategizing. Outsourcing of artificial intelligence is conducted via a specific third-party platform known as Artificial Intelligence as a service (AIaaS). This platform allows individuals and businesses to experiment with the technology across various applications, requiring lesser upfront investment and risk. The IoT-as-a-service platform helps businesses quickly leverage the full potency of inter-connected devices, adopt innovative technologies, and lessen the time taken to deliver value. For example, in January 2024, IBM, an American multinational tech company, launched fully-managed, AI-based Granite models. As per surveys, 42% of IT professionals in large enterprises are actively utilizing AI, with 38% using generative AI. Organizations in India, the UAE, Singapore, and China are spearheading this trend. Businesses are utilizing AI for essential functions such as IT automation, customer service, and digital labor, thus improving operational efficiency to a great extent.

Which Segments in the Everything as a Service Market Offer the Most Profit Potential?
The everything as a service market covered in this report is segmented -

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

Subsegments:
1) By Solutions: Software As A Service (SaaS), Platform As A Service (PaaS), Infrastructure As A Service (IaaS), Function As A Service (FaaS)
2) By Services: Managed Services, Consulting Services, Support And Maintenance Services, Integration Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7878&type=smp

Which Firms Dominate the Everything as a Service Market by Market Share and Revenue in 2025?
Major companies operating in the everything as a service market are Cisco Systems Inc., IBM Corporation, AT&T Inc., accenture* PLC, Orange Business Services Pvt. Ltd., Oracle Corporation, Avaya Inc., Commvault Systems Inc., 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., Green Cloud Technologies LLC, Nutanix Inc., Red Hat Inc., Citrix Systems Inc., Mimecast Services Limited, Dropbox Inc., DocuSign Inc., Zoom Video Communications Inc., Twilio Inc.

Which Regions Offer the Highest Growth Potential in the Everything as a Service Market?
North America was the largest region in the everything as a service market in 2024. 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.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7878

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.