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PC as a Service to dominate the market during the forecast period


The PC as a Service market is currently in the growth phase and is expected to grow further in the near future. In terms of value, it is expected to grow from USD 15.9 billion in 2019 to USD 141.6 billion by 2024, at a CAGR of 54.9% during the forecast period. – PowerPoint PPT presentation

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Title: PC as a Service to dominate the market during the forecast period

MarketsandMarkets Presents

PC as a Service to dominate the market during the
forecast period PC as a Service Market (PCaaS)
by Offering (Hardware, Software, Services),
Enterprise Type (SMEs, Large Enterprises),
Vertical (IT Telecommunications, Healthcare
Life Sciences, Education, BFSI, Government), and
Geography - Global Forecast to 2024 https//www.m
The PC as a Service market is currently in the
growth phase and is expected to grow further in
the near future. In terms of value, it is
expected to grow from USD 15.9 billion in 2019 to
USD 141.6 billion by 2024, at a CAGR of 54.9
during the forecast period.   The growth of the
PCaaS market is driven by factors such as the
inclination of businesses toward the OPEX model
rather than the CAPEX model, and the superior
benefits offered by PCaaS business model. Also,
additional advantages of the PCaaS model, such as
flexibility and scalability, are expected to
drive the PCaaS market. On the other hand,
factors such as the absence of awareness in the
field of PCaaS in developing countries, and the
lack of product differentiation and challenges
such as security and data protection risks in
BFSI are barriers inhibiting the growth of this
market. Browse 34 market data Tables and 42
Figures spread through 131 Pages and in-depth TOC
on "PC as a Service (PCaaS) Market - Global
Forecast to 2024"
Software offerings to register the highest CAGR
for PCaaS market during the forecast period PCaaS
market for software offerings to grow at highest
CAGR during the forecast period. Software is
designed to generate and automate computer
programs, which transform data into specific
information. PCaaS subscription offers customized
software as per the end-user requirements.
Software offerings in PCaaS include operating
system/imaging, security software, asset
management, as well as other factory-installed
software. Companies operating in this space are
approaching different independent software
vendors (ISVs) for catering to the needs of
end-users. PCaaS subscription provides upgrades
and maintenance of software on a timely basis at
a reasonable cost, allowing companies to enhance
productivity and patch security flaws. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id155153641 IT
Telecommunications vertical to hold the largest
size of PCaaS market during the forecast
period Based on vertical, the PCaaS market is
segmented into IT telecommunications
healthcare life sciences education BFSI
government and others (retail and
manufacturing). The IT telecommunications
vertical to hold the largest size of PCaaS
market, during the forecast period. Access to
secure, reliable, and high-performance
communication is fundamental to operations of
energy utilities, healthcare institutions,
defense industry, transportation, and financial
institutes. These verticals highly rely on IT
telecommunications departments for the smooth
working of their business processes.
PCaaS market in Asia Pacific expected to grow at
highest CAGR during the forecast period   The
PCaaS market has been segmented based on major
regions into North America, Europe, Asia Pacific,
and Rest of the World (RoW). The global PCaaS
market is expected to grow owing to the shift in
organizational preference towards OPEX based
business models allowing them to priorities
their investments. The growth is also supported
by the benefits offered by PCaaS over traditional
PCs and increasing adoption of PCaaS by small and
midsized enterprises (SMEs) in the
region. Request Free Sample Pages https//www.ma
641 Lenovo (Hong Kong), Hewlett-Packard (US),
Dell Technologies (US), CompuCom Systems (US),
Microsoft (US), Service IT Direct (Bizbang) (US),
StarHub (Singapore), Telia (Sweden), Arrow
Electronics (US), and SHI International (US) are
key players operating in this space.
Recent Developments In June 2019, HP announced a
partnership with Xerox Corporation. Under this
agreement, the companies agreed to partner in the
Device as a Service (DaaS) market. Xerox will
become a DaaS specialist in HPs Partner First
Program in the US. Xeroxs service capabilities
and customer reach in the small to midsize
business market. Combined with HPs DaaS PC
offerings, will allow both the companies to meet
a broader range of customer needs. Xerox will be
authorized to sell HP PCs, displays, and
accessories to its commercial customers through
DaaS. HP will also make Xeroxs cloud-based
content management platform available on its
commercial PCs distributed in the US. In May
2019, Lenovo launched a new sub-brand called
ThinkBook, dedicated to small-and medium-sized
businesses (SMBs). The ThinkBook S series is
available in a 13-inch and 14-inch model and is
designed for business buyers. ThinkBook is
supported by a range of business-grade services,
including Lenovo Premier Support, warranty
extensions, and upgrades, such as onsite next
business day support and International Warranty
Service to minimize any downtime. In January
2019, CompuCom launched DaaS for Apple. The new
end-to-end offering includes Apple hardware with
managed services and support for a fixed low
monthly fee. Critical questions the report
answers What could be the potential applications
of PCaaS? What are the opportunities for the
PCaaS vendors? Which regions will showcase the
growth of PCaaS market? Which device type will
have the most demand in the coming future?
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