According to the new market research report
on the "PC as a Service Market by Deployment (SMES and Large
Enterprises), Offering (Hardware, Software, and Services), Vertical (IT &
Telecommunications, Healthcare & Life Sciences, Education, BFSI, and Government),
and Geography - Global Forecast to 2023", published by
MarketsandMarkets™, the market is expected to reach USD
129.82 Billion by 2023 from USD 11.46 Billion
in 2018, at a CAGR of 62.5% between 2018 and 2023. The major factors driving
the growth of the PC as a service market are reducing IT staffing costs and
workload, benefits offered by PCs as a service over traditional PCs, and
increasing adoption of PCs as a service by small and midsized enterprises
(SMEs).
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Large enterprises to hold a major share of
the PC as a service market by deployment throughout the forecast period
Organizations with a deployment capacity of
more than 2,000 PCs are considered as large enterprises. Large enterprises
prefer using on-premises solutions as they deal with a high volume of
confidential business documents, and procuring third-party solutions may make
their networks prone to data leakage. With the commercialization of the PCaaS
model and availability of customized PCaaS services, organizations with large
deployment capacity will gradually start shifting toward this model to reduce
their operational costs and increase efficiency.
Market for hardware offerings to grow at a
high rate during the forecast period
Hardware components in this market include
desktops, laptops, and notebooks. Some companies that provide complete PCaaS
solutions are HP, Dell, and Lenovo. There is an increasing competition among
OEMs to provide PC as a service to end users, leading to product launches and
developments pertaining to hardware, software, and service solutions. The PCaaS
market for hardware is expected to grow at a high rate during the forecast
period. The high growth of this market can be attributed to the increasing need
for hardware platforms with a high configuration PC and high computing power to
run various software and services.
IT & telecommunications held the largest
share of the overall PC as a service market in 2017
The telecom industry has witnessed a
substantial rise in the past few years owing to rapid advancements in ICT. With
the increasing competition in the market, telecom operators need to innovate to
retain customers and tap new markets to expand. The adoption of PCaaS solutions
in the IT industry is increasing. Enterprises are shifting PC procurement from
CAPEX to OPEX to focus on their core competencies and increase their
efficiency. Companies are increasingly adopting PCaaS solutions, which are
outsourced by third-party vendors, to reduce their operational costs and
increase their revenues. These solutions can be implemented without the need to
hire more IT staff.
PC as a service market in Asia Pacific to grow at the highest CAGR during the
forecast period
APAC is expected to hold extensive growth
opportunities for players in the field of PC as a service in the coming years.
Increased spending on enterprise IT applications and IT infrastructure by
enterprises in developing countries in APAC is one of the key factors driving
the growth of the PCaaS market in this region. Moreover, the expanding
ecosystem of startups and SMEs in APAC is contributing to market growth. PC as
a service providers cater to the application needs of startups and SMEs as they
have limited CAPEX and in-house capabilities.
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Analyst:
The report profiles the most promising
players in the PC as a service market. Some of the key players in the market
are HP (US), Dell (US), Lenovo (Hong Kong),
Microsoft (US), HCL (India), AWS (US), StarHub (Singapore),
and CompuCom (US).
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research
on 30,000 high growth niche opportunities/threats which will impact 70% to 80%
of worldwide companies’ revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
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