Global IT-as-a-Service Market Overview:
IT as a Service (ITaaS) is a technology delivery method where the IT service provider delivers IT service to a business. The service has a deep industry focus to fully enable industry-specific use cases. Nowadays, companies have been using the ITaaS model to increase the usage of virtualization as it is not limited to cloud computing technology such as PaaS, SaaS and IaaS. Various advantage associated with ITaaS model which includes the standardization and simplification of product and services delivered by IT , increased IT efficiency and improved financial transparency, reduced cost of consumption which leads to an increase in business agility and flexibility at the same time. Some of the key players profiled in the study are BMC Software (United States), HPE (United States), IBM (United States), Red Hat (United States), VMware (United States), Accenture (Ireland), Adaptive Computing (United States) and Cognizant (United States).
On the basis of geography, the market of IT-as-a-Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Accelerated Adoption of IT As A Service Among Large and Small Enterprise
- Low-Cost Infrastructure
- Rise in Demand From Public Sector
- The Emergence of Software Defined Technology
- Increase in Automation of It Services
- Growing Adoption of Customized and Modular ITaaS
- Connectivity Failure and Data Security Issues
- Development if IT Infrastructure and Implementation of Advance IT Solution such as Cloud Computing, Big Data and Analytics Services, Internet of Things, Vitalization, Software Defined Framework and Other Modern IT Solutions
- Issues Related Data Security and Privacy Concern
- Lack of Skilled Personnel
In January 2019 IBM partnered with Juniper Networks to manage Juniper Network’s existing infrastructures, which include data centers, help desks, and data and voice networks. As per this partnership, IBM would combine its services platform with Watson to manage Juniper Network’s infrastructure.
Target Audience:IT-as-a-Service (ITaaS) Manufacturers & Technology Providers, Raw Material Suppliers and Distributors, Government and Research Organizations, Research and Consulting Firms, Traders, Importers, and Exporters and Associations and Industry Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global IT-as-a-Service market on the basis of product [Technical Infrastructure and Architecture, IT Management Framework and Service Management] , application [BFSI, Telecom, Retail, Healthcare and Energy and utilities], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the IT-as-a-Service market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the IT-as-a-Service industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the IT-as-a-Service market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.