PCaaS Market: By Type (Hardware, Software and Solutions); By End user (BFSI, Healthcare, IT and Telecom, Government defence, Education and Others), And Region Global Analysis of Market Size, Share & Trends For 2021 2022 And Forecasts To 2032
PCaaS Market is expected to surpass USD 489.10 billion by 2032 from USD 19.24 billion in 2021 at a CAGR of 39.2% in the coming years, i.e., 2022-32.
Business leases endpoint hardware and management services from a vendor using the PC as a service (PCaaS) device lifecycle management model for a monthly subscription fee. PC as a service seeks to streamline all aspects of PC lifecycle management, including PC acquisition, management, retirement, and replacement. A monthly fee is paid by an organisation to use the devices and services of a vendor under the Opex model of PCaaS. As a result, IT avoids spending money on user hardware purchases. The vendor's services may include asset management, data backup and recovery, help desk support, and configuration. Predictive analytics, which vendors frequently integrate, can assist prevent hardware malfunctions and security policy violations as well as improve security by cataloguing devices, tracking their whereabouts, and monitoring their state.
The PCaaS Market is expected to project a notable CAGR of 39.2% in 2032.
PCaaS Market is expected to surpass USD 489.10 billion by 2032 from USD 19.24 billion in 2021 at a CAGR of 39.2% in the coming years, i.e., 2022-32. The PCaaS market is anticipated to be driven by additional benefits of the PCaaS concept, such as flexibility and scalability. Furthermore, it is anticipated that over the next few years, PCaaS vendors will offer more secure platforms and place a greater emphasis on data security and protection, which will improve the BFSI vertical's adoption of PCaaS services. The primary drivers driving demand in the market are the growing desire to minimise the expenses and workload associated with IT employees as well as the adoption of PCaaS by small and medium-sized businesses (SMEs).
The Services segment is expected to grow with a higher CAGR during 2022-32
PCaaS Market is categorized on the basis of type into Hardware, Software and Solutions. During the forecast period of 2022–2032, the service segment is anticipated to increase and hold the biggest market share in the PCaaS market. Numerous support and maintenance services are included in the PCaaS agreement. A group of PC lifecycle services, such as installation, deployment, and integration, asset recovery services, and repair and maintenance services tailored to the needs of the end user, make up the PCaaS service suite. The fact that these services can be modified and adjusted makes them adaptable. Numerous PC OEMs provide direct services in accordance with the contract. Additionally, there are managed service providers and value-added resellers (VARs) who have formed alliances with various software developers and hardware manufacturers to offer full PCaaS solutions under their own brands.
The Education Segment is expected to grow with a higher CAGR during 2022-32
PCaaS Market is categorized on the basis of end user into BFSI, Healthcare, IT and Telecom, Government defence, Education and Others. According to end users, the market will have new prospects for growth due to the education sector. The education industry has a large need for the personal computer as a service market. The cost of acquiring new technologies can rise at many educational institutions. However, this sector can save expenses thanks to PC as a service. The market for personal computers as a service offers several advantages, including no ownership requirements and lower pricing. Surging demand from this sector will irate a wide range of opportunities. Additionally, increased retail industry demand will expand the market. PCaaS usage is high in the retail sector. This industry has several duties that call for a personal computer. The personal computer as a service market will gain from the increased demand from retailers all around the world.
Rising Demand for Personal Computer and Low Operational Risk Are Driving Growth
In recent years, there has been a significant increase in the demand for personal computers across both consumer and business applications. The pandemic, which has made work from home or remote learning a necessity trend, was a big factor in the demand development. The need for relevant services, such as PC as a Service, is further increased by the rising demand for personal computers (PCaaS). One of the key drivers of the PCaaS industry's growth is the rising demand for the OPEX consumption model against CAPEX. The PCaaS concept provides organisations with an all-in-one solution that combines hardware and services including integration and maintenance, consultancy, managed, and other services into a single product bundle for a fixed monthly cost. This makes it possible for businesses to better manage IT resources and upkeep. PCaaS also lowers operational risk, delivers full PC lifecycle support, lowers internal support and maintenance expenses, increases IT responsiveness to end users and customers, offers quicker upgrades, and gives lower & predictable costs of ownership. These advantages contribute to increased PCaaS model adoption among both large and small businesses since they improve customer satisfaction and retention.
Decreased Workload for IT Support Is Expected to Surge Demand
The main factors driving large organisations to choose PCaaS include decreased workloads for IT support and procurement, the ability to quickly obtain the newest technology, and decreased PC deployment costs. A vast network of IT equipment is present in large businesses. Additionally, maintaining these devices is expensive, and many IT departments lack the knowledge necessary to evaluate the newest office solutions for availability, scalability, security, and other organization-specific compliances. Large enterprises can save money by using PCaaS, which provides maintenance of hardware, software, and other related services for a set monthly fee.
Lack of product differentiation and data security concerns hamper the Market Growth
The lack of product differentiation, lack of PCaaS knowledge in developing nations, security and data protection problems in the BFSI industry, and other issues are all impeding this market's expansion.
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
PCaaS Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. The PCaaS market is heavily reliant on North America during the forecast period, this region is anticipated to have faster market expansion. When it comes to the early adoption of cutting-edge technologies, such as PCaaS solutions, North America has always been in the vanguard. For start-ups and SMEs, the market in this region offers a good environment in terms of governmental rules and compliance. A significant factor supporting the market expansion in the area is the growing demand for PCs across a variety of sectors.
The market for personal computers as services has been negatively impacted by the Covid 19 outbreak. Because of COVID 19, several industries now use remote workers. As a result, the market for personal computers as a service is unchanged. Currently, there is an increase in demand. Preconfigured hardware is becoming more and more popular, including laptops, desktop computers, tablets, and cellphones. The number of cyberattacks has increased since the covid epidemic. Cybercriminals frequently target those who work remotely. However, PCaaS makes it possible to prevent these threats. The system has built-in security features that guard against online dangers. In the approaching years, further beneficial developments will be brought about by the availability of security protocols.
Report Attribute |
Details |
Market Size Value in 2021 |
USD 19.24 billion |
Revenue Forecast in 2032 |
USD 489.10 billion |
Growth Rate |
CAGR of 39.2% from 2022 to 2032 |
Base Year for Estimation |
2021 |
Quantitative Units |
Revenue in USD billion and CAGR from 2022 to 2032 |
Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered |
Type, End user and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key Companies Profiled |
HP, Microsoft Corporation, Dell Inc, Lenovo, CompuCom Systems Inc, Capgemini, SHI International Corp., Dimension Data, Softcat PLC, Avaya Inc and Other Prominent Players |
The PCaaS Market size was estimated at USD 19.24 billion in 2021 and is expected to reach USD 489.10 billion in 2032.
Business leases endpoint hardware and management services from a vendor using the PC as a service (PCaaS) device lifecycle management model for a monthly subscription fee. PC as a service seeks to streamline all aspects of PC lifecycle management, including PC acquisition, management, retirement, and replacement.
The services and education segments accounted for the larger share of the PCaaS Market.
Key players in the PCaaS Market are HP, Microsoft Corporation, Dell Inc, Lenovo, CompuCom Systems Inc, Capgemini, SHI International Corp., Dimension Data, Softcat PLC, Avaya Inc and Other Prominent Players.
The primary drivers driving demand in the market are the growing desire to minimise the expenses and workload associated with IT employees as well as the adoption of PCaaS by small and medium-sized businesses (SMEs).
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