Increasing Demand for Device-as-a-Service Market in Next 5 Years

Posted by Tom C on June 4th, 2024

The PC as a Service (PCaaS) market is gaining traction as organizations look for cost-effective and flexible solutions to manage their IT hardware. This market is categorized by various offerings, device types, organization sizes, and end-user segments.

Offering

The PCaaS market is divided into hardware, software, and services. Companies in this market provide comprehensive packages that include the latest devices, software management, maintenance, and support services, often with flexible financing options.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155153641

Device Type

The devices offered under PCaaS include:

• Desktops
• Laptops, Notebooks, Tablets
• Smartphones
• Peripherals

These devices are bundled with various services to meet the needs of different organizations.

Organization Size

The PCaaS market serves a wide range of organizations:

• Small and Medium-sized Enterprises (SMEs) benefit from the cost predictability and reduced upfront costs.
• Large Enterprises leverage PCaaS to manage large fleets of devices efficiently, ensuring up-to-date technology and reducing internal IT burdens.

End User

Key end users of PCaaS include:

• IT & Telecommunication: This sector sees high demand due to the need for updated devices and constant software updates. The shift to remote work and digital transformation in telecommunications drive growth in this segment.
• Banking, Financial Services, and Insurance (BFSI): These organizations require secure and reliable devices for daily operations, making PCaaS a valuable solution.
• Others: Healthcare, education, and government sectors also increasingly adopt PCaaS to manage their IT infrastructure effectively.

Regional Insights

North America holds the largest share of the PCaaS market, driven by early adoption of new technologies and a strong presence of major PCaaS providers such as HP, Dell, and Microsoft. Europe and the Asia-Pacific regions are also seeing significant growth, fueled by the increasing demand for flexible IT solutions and digital transformation initiatives.