Global IT-as-a-Service Industry valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2025. The IT-as-a-Service Industry is continuously growing in the global scenario at significant pace. IT as a service (ITaaS) is an operational model where the information technology (IT) service provider delivers an information technology service to a business. The IT service provider can be an internal IT organization or an external IT services company. The recipients of ITaaS can be a line of business (LOB) organization within an enterprise or a small and medium business (SMB). The information technology is typically delivered as a managed service with a clear IT services catalog and pricing associated with each of the catalog items. Growing need to maintain a low-cost infrastructure and increase in adoption of bring your own devices are the substantial driving factors of the Industry during the forecast period. With the deployment of bring your own device policy has resulted in increased need for cloud based storage systems coupled with quick access to data, which is a major factor aiding the growth of the Industry. Moreover, technological developments and increasing demand from telecom industry is the major factors that likely to create numerous opportunity in the near future. However, data security & privacy concern is one of the major restraining factors of the Industry during the forecast period.
The regional analysis of Global IT-as-a-Service Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to large number of existing users in the region. Europe is estimated to grow at significant growth rate in the global IT-as-a-Service Industry over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to rising demand from telecom industry across the region.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
IT-as-a-Service Industry Share and Size by 2019-2025
IT-as-a-Service Market Segmentation:
Technical Infrastructure & Architecture
IT Management & Framework
Energy & Utilities
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in IT-as-a-Service Market are as follows:
Cisc - Systems
Cloud Bolt Software