Asia-pacific Everything As A Service (Xaas) Market Forecast 2023-2032
KEY FINDINGS
The Asia-Pacific Everything as a Service (XaaS) market growth is anticipated to progress at a CAGR of 22.94% during the forecast period, 2023-2032. The surging remote working has increased the demand for XaaS in the region. Also, Asian companies are prioritizing the establishment of cloud-based digital transformation solutions to cater to the increasing consumer demands.
MARKET INSIGHTS
Thailand, Japan, South Korea, Indonesia, China, Singapore, Australia & New Zealand, India, and Rest of Asia-Pacific are evaluated for the Asia-Pacific Everything as a Service (XaaS) market growth analysis. In South Korea, the cloud computing industry is expanding, with more companies accelerating their migration to cloud computing to cut costs and offer better services based on cutting-edge technologies. Also, domestic companies like Samsung SDS, CNS, LG, SK C&C, Naver, and KT face strict competition from foreign companies like IBM, Microsoft, and AWS. Of these, AWS dominates the South Korea cloud services market. Besides, in 2020, Google announced the establishment of a set of data centers in Seoul.
Whereas in Indonesia, the public cloud is gaining popularity with unicorns, financial institutions, merchants, and enterprises. In addition, several cloud companies are launching their services in the country. For instance, in June 2020, Google launched its cloud platform in Jakarta. Also, in 2021, Alibaba Cloud announced its plans to open a third data center in Indonesia.
Furthermore, the favorable and robust government support for business and its thriving economy aid the development of the cloud migration services industry. Moreover, the entry of new cloud providers, especially global companies, alongside associated technological and infrastructural developments, offers growth opportunities for the analyzed market.
COMPETITIVE INSIGHTS
Some of the leading companies in the market are Oracle Corporation, SAP SE, Alibaba Group Holding Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 2.5.1. Saas Market Is Expected To Decline In The Forecast Period
- 2.5.2. It And Telecom Sectors Project Lucrative Prospects
- 2.5.3. Data Privacy & Ownership Is A Major Concern
- 2.5.4. Diverse Offerings Available In Xaas Market
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increasing Application Of Cloud Computing Systems
- 3.1.2. Diminishing Operational Costs And Faster Deployment
- 3.1.3. Intense Demand For Pay-as-you-go Subscription Models
- 3.1.4. Government And Private Sector Investments In Internet Technologies
- 3.2. Key Restraints
- 3.2.1. Vendor Lock-in Problems In Cloud
- 3.2.2. Issues Related To Privacy And Data Confidentiality
- 4. Key Analytics
- 4.1. Key Technology Trends
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Maturity Analysis
- 4.5. Market Concentration Analysis
- 5. Market By Type
- 5.1. Platform As A Service (Paas)
- 5.2. Software As A Service (Saas)
- 5.3. Infrastructure As A Service (Iaas)
- 5.4. Analytics As A Service (Aaas)
- 5.5. Device As A Service (Daas)
- 5.6. Unified Communications As A Service (Ucaas)
- 5.7. Other Types
- 6. Market By Organization Size
- 6.1. Large Enterprises
- 6.2. Small And Medium Enterprises
- 7. Market By Business Type
- 7.1. Business-to-business (B2b)
- 7.2. Business-to-consumer (B2c)
- 8. Market By Vertical
- 8.1. Banking, Financial Services And Insurance (Bfsi)
- 8.2. Manufacturing
- 8.3. Healthcare & Life Sciences
- 8.4. It & Telecommunication
- 8.5. Consumer Goods & Retail
- 8.6. Government & Public Sector
- 8.7. Other Verticals
- 9. Geographical Analysis
- 9.1. Asia-pacific
- 9.1.1. Market Estimates & Sizes
- 9.1.2. Asia-pacific Everything As A Service (Xaas) Market Drivers
- 9.1.3. Asia-pacific Everything As A Service (Xaas) Market Challenges
- 9.1.4. Key Players In Asia-pacific Everything As A Service (Xaas) Market
- 9.1.5. Country Analysis
- 9.1.5.1. China
- 9.1.5.1.1. China Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.2. Japan
- 9.1.5.2.1. Japan Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.3. India
- 9.1.5.3.1. India Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.4. South Korea
- 9.1.5.4.1. South Korea Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.5. Thailand
- 9.1.5.5.1. Thailand Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.6. Indonesia
- 9.1.5.6.1. Indonesia Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.7. Singapore
- 9.1.5.7.1. Singapore Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.8. Australia & New Zealand
- 9.1.5.8.1. Australia & New Zealand Everything As A Service (Xaas) Market Size & Opportunities
- 9.1.5.9. Rest Of Asia-pacific
- 9.1.5.9.1. Rest Of Asia-pacific Everything As A Service (Xaas) Market Size & Opportunities
- 10. Competitive Landscape
- 10.1. Key Strategic Developments
- 10.1.1. Product Launches
- 10.1.2. Partnerships
- 10.1.3. Acquisitions
- 10.2. Company Profiles
- 10.2.1. Adobe Systems
- 10.2.1.1. Company Overview
- 10.2.1.2. Products / Services List
- 10.2.1.3. Strengths & Challenges Analysis
- 10.2.2. Alibaba Group Holding Ltd
- 10.2.2.1. Company Overview
- 10.2.2.2. Products / Services List
- 10.2.2.3. Strengths & Challenges Analysis
- 10.2.3. Alphabet Inc
- 10.2.3.1. Company Overview
- 10.2.3.2. Products / Services List
- 10.2.3.3. Strengths & Challenges Analysis
- 10.2.4. Amazon.Com Inc
- 10.2.4.1. Company Overview
- 10.2.4.2. Products / Services List
- 10.2.4.3. Strengths & Challenges Analysis
- 10.2.5. Cisco Systems Inc
- 10.2.5.1. Company Overview
- 10.2.5.2. Products / Services List
- 10.2.5.3. Strengths & Challenges Analysis
- 10.2.6. Dxc Technology
- 10.2.6.1. Company Overview
- 10.2.6.2. Products / Services List
- 10.2.7. Hcl Technologies Ltd
- 10.2.7.1. Company Overview
- 10.2.7.2. Products / Services List
- 10.2.8. Ibm Corporation
- 10.2.8.1. Company Overview
- 10.2.8.2. Products / Services List
- 10.2.9. Microsoft Corporation
- 10.2.9.1. Company Overview
- 10.2.9.2. Products / Services List
- 10.2.9.3. Strengths & Challenges Analysis
- 10.2.10. Nokia Corporation
- 10.2.10.1. Company Overview
- 10.2.10.2. Products / Services List
- 10.2.10.3. Strengths & Challenges Analysis
- 10.2.11. Oracle Corporation
- 10.2.11.1. Company Overview
- 10.2.11.2. Products / Services List
- 10.2.11.3. Strengths & Challenges Analysis
- 10.2.12. Rackspace Technology
- 10.2.12.1. Company Overview
- 10.2.12.2. Products / Services List
- 10.2.13. Salesforce Inc
- 10.2.13.1. Company Overview
- 10.2.13.2. Products / Services List
- 10.2.13.3. Strengths & Challenges Analysis
- 10.2.14. Sap Se
- 10.2.14.1. Company Overview
- 10.2.14.2. Products / Services List
- 10.2.14.3. Strengths & Challenges Analysis
- 10.2.15. Tata Consultancy Services
- 10.2.15.1. Company Overview
- 10.2.15.2. Products / Services List
- 10.2.15.3. Strengths & Challenges Analysis
- 10.2.16. Vmware
- 10.2.16.1. Company Overview
- 10.2.16.2. Products / Services List
- 10.2.16.3. Strengths & Challenges Analysis
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