The value of As-A-Service has been increasing over the years and the pandemic only escalated it. In 2021, the global As-A-Service market was valued at $198.6 billion, and it’s predicted to reach $624.1 billion by 2027 according to data from a market research company called the Imarc group. Organizations are increasingly using As-A-Service to take more control over their IT and its costs.
While the As-A-Service model increases in popularity, it’s more likely your customers will seek it out. In fact, according to a report from Deloitte, eight in 10 respondents of their survey say their company already uses Software-As-A-Service, Infrastructure-As-A-Service and/or Platform-As-A-Service and most of the remaining respondents say they plan to adopt them within the next two years.
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SOURCE GreatAmerica
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