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Global Intranet as a Service Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Service Type (Mobile Intranet Services and Social Intranet Services), Enterprise Size (Small and Medium and Large businesses), Application (Media & Entertainment, Manufacturing, Government, Travel & Tourism and Others) and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Published: March, 2023
ID: 12253
Pages: 150
Formats: report pdf report excel report power bi report ppt

Global Intranet as a Service Market Size (2024 to 2029)

The global Intranet as a Service market size is anticipated to be worth USD 23.55 billion by 2029 from USD 16.07 billion in 2024, growing at a CAGR of 7.94% from 2024 to 2029.

Intranet as a Service (IaaS) is a cloud-based intranet solution that allows you to pay a monthly subscription fee for the service (your company's Intranet) rather than investing ahead in the resources and labor needed to develop an Intranet from the beginning of the process. The service providers have all the necessary hardware, software, and other resources to build and deploy an Intranet for your company. The most popular cloud-based platforms are SharePoint, Office 365, and Yammer. External service providers provide Intranet as a Service with subscription fees for hardware infrastructure and software delivered on a cloud-based platform. Rather than purchasing and implementing their physical infrastructure, businesses are opting for Intranet as a Service.

An enterprise intranet is a computer network that allows employees to share collaboration tools, computing services, and company information. In addition, specific users can access data from outside the company network using the technology. Intranet as a Service is used chiefly by multinational IT corporations, media & entertainment organizations, and banks to connect their offices worldwide. Intranet as a Service enables businesses to improve internal communication between employees within a single office or across multiple locations. Most service providers offer scales or tiers for Intranet as a Service subscription, allowing customers to tailor their plans to their specific business needs. Intranet as a Service is a cost-effective approach for a corporation to cut infrastructure and system maintenance costs.

Global Intranet as a Service Market Drivers:

The rising adoption of cloud-based intranet solutions, the growing demand for more capable employee involvement, and the growing demand for cloud-based intranet solutions may all be attributed to the market's rise in demand for digital workplace solutions. The growth of the global Intranet as a service market is further primarily anticipated to develop as more businesses adopt cloud computing technologies to store and access enterprise data on a cloud platform. Cloud storage facilitates collaboration and helps companies to improve their operational processes. During the projection period, the usage and demand for intranet services are likely to expand due to the increased use of cloud-based communication within businesses. In addition, to improve the performance of process execution, enterprises are focusing on cloud solutions.

Technological advancements require Intranet as a Service in organizational networks, and it also allows businesses to meet security standards and policies. As a result, Intranet as a Service enables companies to deliver end-to-end security in various corporate procedures, boosting the market throughout the projection period. With the use of new technologies, service providers should offer solutions and services that help businesses maintain internal data communication compliance.

Global Intranet as a Service Market Restraints

The growing use of cloud-based services and software tools in businesses creates data security risks. In addition, the storage of large amounts of unstructured data by enterprises or individual customers is also predicted to impact the growth of the Intranet as a Service market. Employee reluctance to adopt new technologies is also a significant impediment to the growth of the Intranet as a Service market in emerging economies.

Impact of COVID-19 on the global Intranet as a service market:

The interruption caused by COVID-19 has increased the use of the Intranet as a service market. Due to changing lifestyles, the adoption of new work cultures, and increased demand for online services, the IaaS business is experiencing considerable global expansion during the pandemic. Furthermore, government laws such as social distancing, travel restrictions, and a temporary suspension of organizations to limit the spread of the coronavirus are accelerating the adoption of the internet around the world. With the current digital disruption and the shift to remote work, many businesses desperately need new and improved ways to communicate with their employees. As a result, the market for Intranet as a service is gaining traction and attracting significant investment.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

7.94%

Segments Covered

By Service Type, Enterprise Size, Application, and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

The Attollo Group Ltd, Perficient, Beetroot AG, Powell Software, HUBFLY, Skyver, Happeo, Elastic Cloud Solutions, DevFacto TechnologiesInc., Withum Smith+Brown, LIVE TILES LIMITED, Wizdom, Involv and Others.

 

This research report on the global intranet as a service market has been segmented and sub-segmented based on service type, enterprise size, application and region.

Global Intranet as a Service Market - By Service Type:

  • Mobile Intranet Services
  • Social Intranet Services

Mobile intranet services are anticipated to dominate the global Intranet as a service market during 2023-2028. Internal employee communication is taken to the next level with a mobile intranet app. Consider this: your whole knowledge base and digital workspace are contained within a single mobile device—productivity and communication skyrocket when employees can access work anywhere.

Global Intranet as a Service Market - By Enterprise Size: 

  • Small and Medium
  • Large businesses

The market has been split into two categories: small and medium businesses and large businesses. The ability of large firms to invest in cutting-edge technologies to operate their businesses successfully is expected to fuel market expansion. New technology is transforming voice and data services. Significant corporations must adapt to change and extend their operations. Large organizations implement intranet network services to provide consistent and dependable services with a global reach and lower operational expenses.

Global Intranet as a Service Market - By Application:

  • Media & Entertainment
  • Manufacturing
  • Government
  • Travel & Tourism
  • Others

Media & Entertainment, Manufacturing, Government, Travel & Tourism, and Others make up the global Intranet As A Service market. Multinational IT organizations, media and entertainment companies, and banks are the most common users of Intranet as a Service to connect their offices throughout the world. In addition, businesses can use Intranet as a Service to facilitate internal communication among staff in a single office or across numerous locations.

Global Intranet as a Service Market - By Region:

  • North America
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Europe

The North American region attributes for a significant portion of the global Intranet as a service market. The growing adoption of the Intranet as a service across sectors and the presence of major key players in this area are propelling the market forward. Furthermore, in the North American region, the rapid development of IT setups such as virtualization and cloud is driving the demand for internet infrastructure management.

On the other hand, the Asia Pacific region is forecast to overgrow, providing potential for market expansion. Furthermore, expanding IT infrastructure in emerging countries like China, Japan, and India is also helping to drive the internet as a service business forward.

Europe is anticipated to have the significant global intranet as a service market growth due to the increasing usage of high-speed networks and growing competition between the major key players.

In addition, Latin America and Middle East & Africa are estimated to experience an increase in the global intranet as a service market share in the next six years.

KEY MARKET PLAYERS:

Companies playing a leading role in the global intranet as a service market include The Attollo Group Ltd, Perficient, Beetroot AG, Powell Software, HUBFLY, Skyver, Happeo, Elastic Cloud Solutions, DevFacto Technologies Inc, WithumSmith+Brown, LIVE TILES LIMITED, Wizdom and Involv. Interact (Odyssey Interactive Ltd.) is a leading provider of intranet software and services. Moreover, the company operates in Canada, the United States, Australia, Europe, the Middle East, and Africa. The firm provides intranet strategy, training, intranet design, and consulting services.

RECENT HAPPENINGS IN THE MARKET:

  • Akumina launched the Intelligent Activity Streams feature in Microsoft Teams in February 2021, which surfaces interactive information from hundreds of compatible application integrations in a Facebook-like interface with endless scrolling.
  • Elastic Cloud Solutions and cloud security platform CMD have agreed to merge in September 2021. 

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FAQ's

What is the current size of the Global Intranet as a Service market?

The global intranet as a service market is expected to be worth USD 16.07 billion in 2024.

What are the key factors driving the growth of Intranet as a Service market?

The growing emphasis on remote work solutions, integration with other enterprise systems, and customization options to meet diverse organizational needs are propelling the growth of the intranet as a service market. 

How has the COVID-19 pandemic influenced the Global Intranet as a Service market?

The COVID-19 pandemic has accelerated the adoption of Intranet as a Service globally as organizations seek digital solutions to support remote work, enhance communication, and maintain collaboration among distributed teams.

Who are the key players in the global intranet as a service market?

The Attollo Group Ltd, Perficient, Beetroot AG, Powell Software, HUBFLY, Skyver, Happeo, Elastic Cloud Solutions, DevFacto Technologies Inc, WithumSmith+Brown, LIVE TILES LIMITED, Wizdom and Involv are some of the major players in the global intranet as a service market. 

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