Globally, PC as a service (PCaaS) market is expected to grow from USD 11.46 billion in 2017 to USD 139.31 billion by 2023, at a CAGR of 51.6% during the forecast period. One of the major factors driving the PCaaS market is the reduction in IT staffing cost and workload within an organization as one of the benefits of this service. Similarly, the benefits offered by PCaaS solution over traditional PCs and increased demand for these solutions from small and mid-sized enterprises (SMEs) are a few factors that are driving the market. However, the market is restrained by the lack of awareness regarding the benefits of PCaaS in the organizations of developing countries.
PC as a service includes configurations, data backup, data recovery, help desk support, and asset management. Additionally, PCaaS increases the security of the devices by inventorying and tracking their location and status. Therefore, PCaaS can cover everything from a mobile device to a desktop PC. The adoption of PCaaS-based solutions is high among SMEs owing to the benefits that these solutions offer such as increased productivity, and low capital expenditure. However, the lack of awareness of PCaaS in the developing countries is hindering the growth of the PCaaS market. On the other hand, the increase in investment for the development of IT infrastructure is playing a major role as an opportunity for the PCaaS market.
PC as a Service Market is a device lifecycle management model in which an organization or an association pays a month to month membership expense to rent endpoint equipment and management service from a vendor. PCaaS is also known as a device as a service, that is used for PC lifecycle management which includes managing, purchasing, retiring, and refreshing PCs and other hardware components. PCaaS operates on the operating expenses (Opex) model. Opex is defined as the daily expenses that a company or an organization bears for business operation such as rent, utilities, salaries, and research & development.
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The prominent players in the market of PCaaS are Dell Inc. (US), HP Inc. (US), Lenovo Group (China), Microsoft Corporation (US), HCL Technologies Limited (India), Amazon Web Services (US), CompuCom Systems, Inc. (US), Utopic Software LLC (US), Computer Generated Solutions (US), Cybercore Technologies (US), and Bizbang, LLC (US).
Global PC as a Service Market – Segments
MRFR has segmented the analysis into four key dynamics for the ease of grasp.
By Organization Size: SMEs and Large Enterprises.
By Offering: Hardware, Software, and Services.
By Vertical: BFSI, Government, Education, Healthcare & Life Science, and IT & Telecommunication among others.
By Regions: North America, Europe, APAC and the Rest-of-the-World.
The North American region will continue with its dominance over the global PCaaS market due to the strong presence of major vendors and the wide adoption of PC as a Service. Moreover, factors such as the huge technological advancements and their wide adoption drive the growth of the regional market. The study reveals that the PCaaS is trending in the North American region.
The high demand for PCs in various industries is a dominant driving force substantiating the market growth in the region. Simultaneously, the broad uptake of these solutions in SMEs owing to the multiple benefits of PCaaS such as licensed software, maintenance service, computer repair, and data recovery during urgency are fostering the market growth, reducing the overall cost of an organization/ company.
The European region is also showing the positive sign towards PC as a service at a rapid pace, providing the best possible services. The growing number of businesses offer a huge impetus to the market growth. The region is expected to create a substantial revenue pocket in the global PCaaS market over the forecast period.
The PC as a Service market in the Asia Pacific region is expected to experience the highest growth rate during the forecast period. It can be considered that the increasing adoption of these solutions in various applications can reach the highest point along with the new development in technology. Some of the APAC countries like China, Japan, and India have shown considerably fair share in the PCaaS market but will be growing fast in the coming years.
Additional factors such as rising investments made by IT & telecommunication companies in various developing nations and increasingly awareness levels among organizations related to PCaaS is expected to support the growth of the PCaaS market in the region.
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Industry/ Innovation/ Related News:
August 27, 2018 – Dell Inc. (US), a multinational computer technology company announced its provisioning for VMware Workspace One and the expansion of the Dell PC as a Service (PCaaS) offering. The new solutions include enhanced integrations for a better unified and digital experience across PC and mobile devices, software-defined data centers, hyper-converged infrastructures, and multi-cloud platforms. This signifies the extension of Dell’s VMware portfolio of solutions that just got broader with an expansion of offers from the edge to the core to the cloud.
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