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(Wireless-NewsWire.Com, March 27, 2018 ) 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.
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.
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Key Market Insights recognizes the following companies as the key players in the global anything-as-a-service (XaaS) market: AWS, Cisco Systems, Google, IBM and Microsoft.
Other Prominent Vendors in the market are: 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, and VMWare.
The report covers the present scenario and the growth prospects of the global XaaS market for 2018-2022. 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).
A detailed overview of key market drivers, trends, restraints and analyzes the way they affect the Anything-as-a-Service (XaaS) market in a positive as well as the negative aspect. The regions which are covered in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Considering the given forecast period and precisely studying each and every yearly data, a report is been drafted to ensure the data is as expected by client.
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The report also evaluates the regulatory scenarios which affect various decisions in the Anything-as-a-Service (XaaS) market. It also provides a detailed data about the plans, rule, regulations and policies with respect to this market. After compiling all data, this report forms an excellent report repository which can help gain maximum knowledge with respect to Anything-as-a-Service (XaaS) market. With help of this reports, clients can understand the market strategies and make right decisions.
According to the report, a key growth driver is the growing need for scalable storage. Organizations across industries are undergoing major digital transformational changes. The inherent benefits of digitization, such as better decision making, improved customer relationships, efficient resource planning, innovations in products and services, and cost savings, have boosted the adoption of digital technologies. This has resulted in the exponential growth of corporate data. For instance, the healthcare industry has been generating large volumes of digital data due to rapid digitization of manual patient records fueled by legislative regulations and the need to provide better patient care at lower costs.
Further, the report states that one challenge that could restrict market growth is bandwidth and connectivity issues. The time taken to store and retrieve data could vary from seconds to hours depending on the location of the data stored and the allocated bandwidth.
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