New Delhi, Nov. 29 -- The SOC-as-a-Service (security operations centre) market is anticipated to grow to more than US1 trillion by 2024. The IaaS (Infrastructure-as-a-Service) market is aiming for US238 billion by 2026, the DaaS (Data-as-a-Service) market by US66 billion by 2023, and the HaaS (Hardware-as-a-Service) market by a CAGR of 26.8% by 2025.

The global as-a-Service market has become so varied, so disrupted, that anything can become a service. In fact, the XaaS (Anything-as-a-Service) market is expected to also achieve significant growth over the period 2019-2024. In short, it is the age of rental and there are few organisations not poised on the cusp of taking advantage of this varied and rather dynamic market proposition.

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