According to the new report by Market Research Future (MRFR), the global market is slated to acquire a significant market valuation at a notable 55.1% CAGR over the review period.
The Global Personal Computer as a Service (PCaaS) Market is projected to witness remarkable growth during the review period. There are several influential factors that have a significant impact on the global PCaaS market. Key driving factors for the growth of the PCaaS market comprise of the growing need to reduce the operational expenditure (Opex) and capital expenditure (Capex) by organizations, as well as the adoption of contract-based services and solutions by small and medium enterprises (SMEs).
On the other hand, rising adoption of BYOD and CYOD strategies among SMEs, lack of technical proficiency, and the rising security concerns are likely to hamper the growth of the global PCaaS market during the assessment period.
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The segmentation of the global personal computer as a service (PCaaS) market has been conducted on the basis of component. The global market for personal computer as a service (PCaaS), based on the component, has been segmented into software, hardware, and service. The hardware segment is sub-segmented into desktop and laptops. The hardware segment accounts for the largest market share in the PC as a Service market and is likely to retain its lead over the review period. The solution segment is expected to account for the second-largest market share while the service segment is anticipated to record the maximum CAGR during the forecast period.
On the basis of region, the global personal computer as a service (PCaaS) market has been segmented into Asia-Pacific, North America, the Middle East & Africa, Europe, and South America.
North America is anticipated to dominate the personal computer as a service (PCaaS) market during the assessment period, followed by Asia-Pacific region.
North America accounts for the largest region in terms of value, in the global personal computer as a service (PCaaS) market, and is expected to retain its dominant market share over the review period. The market in North America is the largest in the Us, owing to the presence of several PCaaS market players that provide their services to domestic as well as global clients. This is expected to contribute to the revenue generated from the region. Moreover, the stable economy, early industrialization, urbanization, and the established ICT industry with continual technological advancements offer favorable conditions for PCaaS Market growth and are expected to contribute towards the personal computer as a service (PCaaS) market share over the review period.
Asia-Pacific is likely to be the fastest-growing regional market over the forecast period, driven by factors such as the expansion of the IT sector, increasing research and development activities, rapid industrialization, among others. These factors are likely to fuel the personal computer as a service (PCaaS) market growth over the review period, in the developing countries of Asia Pacific, such as India, China, Japan, South Korea, among others.
European PCaaS market is also expected to grow at a considerable pace, in terms of market share during the assessment period. This is driven by the established technology industry in developed countries such as Germany, France, among others, and the presence of significant market players. The increasing research and development projects to introduce technological innovations is expected to drive the market over the review period.
The key players identified by MRFR in the global personal computer as a service (PCaaS) are Microsoft Corporation (US), HP Development Company (US), Dell Inc. (US), CompuCom Systems, Inc., (US), Lenovo (Hong Kong), Softcat PLC (UK), Capgemini (France), Dimension Data (South Africa), SHI International Corp. (US), Avaya Inc. (US).
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