The Intranet as a Service (IaaS) market is rapidly growing, driven by the need for businesses to facilitate communication and collaboration among employees.
Global Intranet as a Service Market: Overview
An intranet is a computer network within a company that allows employees to share information, collaborate, access operational systems, and perform other services. Incorporating an intranet as a service (IaaS) is a great way to boost corporate knowledge, re-invent employee communication, and stay current with market developments. The increasing investments in the IaaS industry are signs that enterprises are embracing intranets as service platforms, especially those with large and distributed teams.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2022 |
Historic Years | 2018 - 2022 |
Forecast Years | 2023 - 2030 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2023 to 2030 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Global Intranet as a Service Market: Growth Factors
The cloud-based intranet technology & solutions are growing at a rapid rate in order to store and access enterprise data on a cloud platform. This is the major driving factor for the growth of the global intranet as a service market. Businesses can take advantage of cloud-based intranet solutions to give their employees access to the newest technological platforms thereby helping them to be more productive and efficient. Additionally, the global intranet as a service market is growing at a lucrative rate owing to the growing desire for digital workplace and the growing requirement for more efficient employee engagement. It is imperative to increase employee engagement across all industries consistently and effectively. Cloud-based platforms such as SharePoint, Office 365, Yammer, and others are among the most popular. Further, the benefits associated with the internet as a service such as end-to-end security to all types of business operations, cost-effective service, reduced maintenance, and infrastructure cost is likely to boost the demand for market growth. In addition to this, rising IT infrastructure in emerging countries such as China, Japan, and India is equally contributing to the growth of the internet as a service market growth. Furthermore, the rising placement of collaboration tools across the enterprise universal by consumers to reduce friction within the employee experience is again projected to offer new growth opportunities for the global intranet as a service market in the forecast period. However, the technical complexity involved in cloud-based internet services is expected to hinder the growth of the global intranet as a service market in some emerging markets.
The current concern over the spread of novel coronavirus is expected to have a positive impact on the intranet as a service market. COVID-19 disruption has caused an upsurge in the use of the internet as a service market. During the pandemic, the IaaS industry is garnering significant market growth owing to changing lifestyles, adoption of new work culture, and increasing demand for online services. Further, the introduction of stringent government regulations such as social distancing, travel restriction, and a temporary shutdown of organizations to control the spread of coronavirus are fueling the adoption of the internet across the globe. With the recent digital disruption and the shift to remote work, many companies increasingly need new and better ways of communicating with their workforce. Due to this, the intranet as a service market is gaining traction and attracting significant investments.
Global Intranet as a Service Market: Segmentation
The global intranet as a service market is divided based on service type, enterprise size, application, and region. The global intranet as a service market is segmented by service type into social intranet services and mobile intranet services. The enterprise size segment is bifurcated into small & medium enterprises and large enterprises. Media & entertainment, manufacturing, government, travel & tourism, and others are the applications of an intranet as a service.
Global Intranet as a Service Market: Regional Analysis
Geographically, North America region is estimated to contribute to a major share in the global intranet as a service market during the forecast period. The rising implementation of the intranet as a service across industries and the presence of prominent key players in this region are boosting the growth of the market. Further, the rapid development of IT set-up such as virtualization and cloud is propelling the need for internet infrastructure management in the North America region. On the other side, Asia Pacific region is projected to grow at a rapid pace and is expected to offer growth opportunities for market growth. Some of the factors that are propelling the growth of the market in this region include the increasing number of financial services and IT infrastructure.
Global Intranet as a Service Market: Competitive Players
The global intranet as a service market is extremely fragmented due to the presence of well-developed service providers in the market. Interact (Odyssey Interactive Ltd.), Hubfly Software Technologies Pvt Ltd, The Attollo Group Ltd., Beetroot AG, Aurea, Inc., Simpplr Inc., Akumina Inc., Elastic Solutions, Powell Software, and LS INTRANET are some of the dominant players that are functioning in the global intranet as a service market. These leading providers operating in the market are investing in collaboration and focusing on transforming into digital workplaces.
Global Intranet as a Service Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
The cloud-based intranet technology & solutions are growing at a rapid rate in order to store and access enterprise data on a cloud platform. This is the major driving factor for the growth of the global intranet as a service market. Furthermore, the rising placement of collaboration tools across the enterprise universal by consumers to reduce friction within the employee experience is again projected to offer new growth opportunities for the global intranet as a service market in the forecast period.
Interact (Odyssey Interactive Ltd.), Hubfly Software Technologies Pvt Ltd, The Attollo Group Ltd., Beetroot AG, Aurea, Inc., Simpplr Inc., Akumina Inc., Elastic Solutions, Powell Software, and LS INTRANET are some of the dominant players that are functioning in the global intranet as a service market.
Geographically, the North America region is estimated to hold the largest share in the global intranet as a service market during the forecast period. The rising implementation of the internet as a service across industries and the presence of prominent key players in this region are boosting the growth of the market.
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