Albany, NY -- (SBWIRE) -- 01/26/2017 -- XaaS is a cloud computing term that delivers a variety of services and applications to users via the Internet. XaaS also known as everything-as-a-service refers to the increasing number of services delivered through cloud over the Internet rather than providing locally or on-premises. The most common service types of XaaS are software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), and platform-as-a-service (PaaS). Other examples of XaaS include UCaaS, STaaS, MaaS, NaaS, DRaaS, SECaaS, and BaaS. XaaS offers a wide variety of services and applications to users on demand. It enables businesses to reduce cost by purchasing services from cloud providers on a subscription basis. Its pay-per-use model shifts the cost from capital expenditure to operational spending. Enterprises are increasingly embracing XaaS with the rapid evolution and adoption of cloud computing.

Technavios analysts forecast the global XaaS market to grow at a CAGR of 38.22% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global XaaS market for 2016-2020. To calculate the market size, we consider the revenue generated from services, such as storage-as-a-service (STaaS), security-as-a-service (SECaaS), unified communications-as-a-service (UCaaS), network-as-a-service (NaaS), database-as-a-service (DBaaS), and backup-as-a-service (BaaS).

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Anything-as-a-Service (XaaS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AWS
Cisco Systems
Google
IBM
Microsoft

Other prominent vendors
Alcatel-Lucent
AT&T
Avaya
BigSwitch
CipherCloud
CommonVault
Dell
enStratus Networks
Ericcson
HP
Intel Security (McAfee)
Juniper Networks
M5 Networks
National Electric Corporation (NEC)
Oracle
Orange Business Services
Rackspace
RightScale
Salesforce.com
Symantec
Thinking Phone Networks
Verizon Enterprise Solutions
VMWare

Market driver
Growing requirements for scalable storage
For a full, detailed list, view our report

Market challenge
Bandwidth and connectivity issues
For a full, detailed list, view our report

Market trend
Increasing adoption of monitoring-as-a-service (MaaS)
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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