India Everything As A Service (Xaas) Market Forecast 2023-2030
KEY FINDINGS
The India Everything as a Service (XaaS) market is forecasted to register a CAGR of 23.96% during the projection period. While the base year considered for the studied market is 2022, the forecasting years are between 2023 to 2030. The country’s market growth is facilitated by the advantages offered by cloud-based solutions, the significantly high rates of digital adoption, and the surging demand for streaming platforms.
MARKET INSIGHTS
India’s current emphasis on the generation of considerable economic value as well as citizen empowerment is predominantly accredited to the robust foundation of the Digital India Program’s expanded digital access and digital infrastructure. The nation also has one of the fastest rates of digital adoption globally, fuelled by a combination of government action, new digital applications, as well as business innovation and investment. Furthermore, these factors also play a vital role in enhancing a wide range of activities, in addition to different types of work domains.
On the other hand, streaming services like Disney Plus, Netflix, and Amazon Prime utilize cloud services to supplement video-on-demand streaming. As per industry sources, Indian customers are the most likely to avail of streaming platforms, with only 9% asserting they do not utilize any. As a result, these factors are set to augment the Everything as a Service (XaaS) market growth in India during the estimated period.
COMPETITIVE INSIGHTS
Key companies operating in the market include Microsoft Corporation, HCL Technologies Ltd, IBM Corporation, 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.
• The 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
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook