Everything as a Service Market: Unveiling Opportunities and Trends for 2025
The global everything as a service market size is expected to reach USD 1208.51 billion by 2030, registering a CAGR of 23.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Industry players are poised to emphasize XaaS platforms for increased scalability, security and cost savings. Organizations can reduce costs through the purchase of services on a subscription basis. Furthermore, the rising penetration of cloud computing and the high number of offerings provided by the cloud will bode well for the industry's growth. With a host of companies adopting the XaaS model by way of cloud-based monitoring, industry participants will continue to invest in the business vertical. COVID-19 put the spotlight on subscription models as the outbreak brought a paradigm shift through digital transformation. For instance, retailers and other enterprises went online or hybrid, exhibiting an increased demand for the XaaS models. Prominently, XaaS bec...