PC as a Service (PCaaS) Market Size (2024 - 2030)

According to the report published by Virtue Market Research in Global PCaaS Market was valued at USD 53.36 Billion and is projected to reach a market size of USD 498.36 Billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 37.6%.

PC as a Service (PCaaS) simplifies PC management by offering a subscription-based model where organizations lease endpoint hardware and related services from vendors instead of purchasing upfront. This saves costs and streamlines the PC lifecycle. Vendors deliver services like configuration, help desk support, data backup, and asset management. They also employ predictive analytics for hardware failures and security lapses. Device tracking assists in enhancing security. IT departments can pick between fully managed or hybrid contracts based on their requirements. PCaaS enables organizations to focus on core operations while leveraging vendor expertise and support for comprehensive PC management. PCaaS model offers advantages like scalability, technology updates, lightened management responsibilities, and cost-effectiveness. It enables organizations to easily adjust the number of leased PCs based on their needs, which avoids surplus or shortage. Upgrading outdated hardware is simplified by trading in devices at the end of the lease. The vendor assumes device lifecycle management, maintenance, and repairs, thereby reducing IT workload and potentially cutting costs by eliminating service contracts. PCaaS offers a monthly charge for hardware subscriptions, easing the burden of initial expenditure, which is especially helpful for businesses with tight finances. In its entirety, PCaaS provides enterprises of all sizes with flexibility and efficiency.

Global PC as a Service (PCaaS) Market Drivers:

The rising demand for cost-effective IT solutions is fueling the growth of the Global PC as a Service (PCaaS) Market.

The Global PC as a Service (PCaaS) Market is propelled by the demand for budget-friendly IT infrastructure solutions. PCaaS offerings eliminate the requirement for on-site hardware and the associated expenses, thereby granting IT departments more flexibility. Furthermore, the availability of cloud-based services has permitted organizations to cut down on their IT expenses by granting the utilization of resources and services without the requirement for considerable upfront investments. This has empowered organizations to leverage cutting-edge technologies and services at a reduced expenditure.

The growing demand for 24/7 IT support is another factor contributing to the growth of the Global PC as a Service (PCaaS) Market.

PCaaS enables organizations to offer continuous IT support to their employees irrespective of their location or working hours. With PCaaS, employees working late or in different time zones no longer need to worry about their IT concerns being unresolved until the next business day when the IT team is available. Most PCaaS providers offer 24/7 support, which ensures that assistance is readily available whenever necessary. Furthermore, Dell Technologies Inc. goes a step further by providing clients with a Services Delivery Manager who serves as a dedicated contact person to promptly address and redirect service requests. This personalized approach enhances the overall support experience for PCaaS users. Therefore, this factor also propels the demand for PCaaS.

Global PC as a Service (PCaaS) Market Challenges:

The Global PC as a Service (PCaaS) Market is encountering challenges, primarily in terms of the paucity of skilled workforce and the high cost of subscription service. The complexity of the technology and the limited number of experienced personnel capable of managing PCaaS solutions can constrain its usage in enterprises. Moreover, the expensive nature of these subscriptions can discourage businesses from investing in PCaaS, resulting in a lower adoption rate for the technology. Thus, these challenges inhibit the growth of the Global PC as a Service (PCaaS) Market.

COVID-19 Impact on the Global PC as a Service (PCaaS) Market:

The COVID-19 pandemic positively impacted the growth of the Global PC as a Service (PCaaS) Market. The pandemic brought about a new normal of remote work and training, which is projected to continue even after the pandemic subsides. This shift towards remote work is propelling the digital transformation of the IT and Telecommunications industry, encompassing the Desktop or PC as a Service (PCaaS) Market.

Global PC as a Service (PCaaS) Market Recent Developments:

• In May 2023, Dell APEX unveiled the expansion of its offerings by collaborating with Microsoft and Red Hat to introduce new cloud platforms, striving to deliver customers with a broader selection of choices when it comes to public cloud services. 

• In October 2022, Lenovo unveiled enhancements to its Lenovo TruScale portfolio in response to the augmenting demand from CIOs and IT leaders seeking the advantages of as-a-service technology solutions across their organizations. 

• In March 2022, Vox Mobile introduced a new offering called Device as a Service (DaaS) to assist SMBs in overcoming common impediments, particularly those with constrained IT resources. 

PC AS A SERVICE MARKET REPORT COVERAGE:

Global PC as a Service (PCaaS) Market Segmentation: By Offering

• Hardware

• Software

• Services

The Services segment occupied the highest market share in the year 2022. The growth can be ascribed to the augmenting demand for maintenance services to ensure uninterrupted business operations. PCaaS plays a crucial role in hardware security by tracking assets, mitigating theft risks, and supporting business continuity. Furthermore, predictive analytics and device inventorying enhance security measures. These factors propel the growth of the services segment as organizations recognize the benefits of outsourced PCaaS services.

Global PC as a Service (PCaaS) Market Segmentation: By Deployment Model

• Cloud-Based

• On-Premises

The Cloud-Based segment occupied the highest market share in the year 2022. The growth can be ascribed to the advantages that the cloud-based deployment mode offers in contrast to the on-premises ones, including easy and swift data accessibility, immense storage availability, data-sharing capabilities, scalability, and the utmost data security. They store data on remote servers instead of maintaining it on physical data storage devices like hard disks and USB flash drives.

Global PC as a Service (PCaaS) Market Segmentation: By Pricing Model

• Pay-as-you-go Model

• Subscription Model

The Subscription Model segment occupied the highest market share in the year 2022. The growth can be ascribed to the PCaaS subscription model being a convenient option where customers pay a monthly fee to access comprehensive hardware, software, and support services for their systems. This pricing arrangement enables customers to minimize their initial hardware expenses and streamline their budget planning. Furthermore, the PCaaS subscription model offers customers the freedom to easily modify their services every month, which supplies them with greater flexibility and adaptability to their evolving requirements. With PCaaS, customers can make use of an all-inclusive package's advantages without having to pay upfront fees and with the ease of a streamlined payment structure.

Global PC as a Service (PCaaS) Market Segmentation: By Industry Vertical

• Banking, Financial Services, and Insurance (BFSI)

• IT & Telecommunications

• Healthcare & Life Sciences

• Education

• Government

• Others

The IT & Telecommunications segment occupied the highest market share in the year 2022. The growth can be ascribed to the vital role of The IT sector in fueling digital transformation initiatives, as IT infrastructure serves as a primary disruptor in this process. From mainframes to servers, networks, and cloud hosting, the complexity of IT infrastructure continues to grow, necessitating cutting-edge PC lifecycle management solutions. As per the Cisco Annual Internet Report, the number of devices connected to IP networks is estimated to exceed three times the global population by 2023. This surge in networked devices, with an anticipated average of 3.6 devices per person, creates significant opportunities for the expansion of the Global PC as a Service (PCaaS) Market.

Global PC as a Service (PCaaS) Market Segmentation: By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

The region of North America dominated the Global PC as a Service (PCaaS) Market in the year 2022. The early and vast adoption of cloud technology, which has facilitated the success of PCaaS and DaaS companies, the augmenting demand for industrial computers across various industries, and the region offering an extensive range of PCaaS services not only to large enterprises but also to SMEs are some of the pivotal factors propelling the region's growth. Furthermore, North America is home to several prominent market players, including Dell Technologies, Inc., Hewlett-Packard Company, Supra Canada Technologies Ltd., and Bizbang, LLC. The region of Asia-Pacific is anticipated to expand at the quickest rate over the forecast period 2023-2030 owing to the rising adoption of work-from-home arrangements resulting from the global pandemic, the increasing investments from tech giants and multinational companies in nations like India and China, and the strong presence of significant market players, including Fujitsu Limited, ASUSTek Computer Inc, and Lenovo Group Limited.

Global PC as a Service (PCaaS) Market Key Players:

1. Dell Technologies Inc. (United States)

2. Fujitsu Limited (Japan)

3. Hewlett-Packard Company (United States)

4. Symetri AB (Sweden)

5. Lenovo Group Limited (Hong Kong)

6. Supra Canada Technologies Ltd. (Canada)

7. Computacenter plc (United Kingdom)

8. Innovate (ie) Limited (Ireland)

9. System Force I.T. Ltd. (United Kingdom)

10. Bizbang, LLC (United States)