The market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on market highlights the future prediction and the growth alternatives that can be created.
According to a recent study report published by Market Research Future (MRFR), the global PC as a Service market has been increasing steadily over the past few years and is expected to grow at a rapid pace during the forecast period. In its analysis, MRFR asserts that the global PCaaS market will reach USD 139.31 BN by 2023 registering a massive CAGR over 51% during the anticipated period (2017 – 2023).
MRFR has segmented the analysis into four key dynamics for the ease of grasp.
By Organization Size : SMEs and Large Enterprises.
By Offering : Hardware, Software, and Services.
By Vertical : BFSI, Government, Education, Healthcare & Life Science, and IT & Telecommunication among others.
By Regions : North America, Europe, APAC and the Rest-of-the-World.
The North American region will continue with its dominance over PCaaS Market due to the strong presence of major vendors and the wide adoption of PC as a Service. Moreover, factors such as the huge technological advancements and their wide adoption drive the growth of the regional market. The study reveals that the PCaaS is trending in the North American region.
The high demand for PCs in various industries is a dominant driving force substantiating the market growth in the region. Simultaneously, the broad uptake of these solutions in SMEs owing to the multiple benefits of PCaaS such as licensed software, maintenance service, computer repair, and data recovery during urgency are fostering the market growth, reducing the overall cost of an organization/ company.
The European region is also showing the positive sign towards PC as a service at a rapid pace, providing the best possible services. The growing number of businesses offer a huge impetus to the market growth. The region is expected to create a substantial revenue pocket in the global PCaaS market over the forecast period.
The PC as a Service market in the Asia Pacific region is expected to experience the highest growth rate during the forecast period. It can be considered that the increasing adoption of these solutions in various applications can reach the highest point along with the new development in technology. Some of the APAC countries like China, Japan, and India have shown considerably fair share in the PCaaS market but will be growing fast in the coming years.
Additional factors such as rising investments made by IT & telecommunication companies in various developing nations and increasingly awareness levels among organizations related to PCaaS is expected to support the growth of the PCaaS market in the region.
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Some of the incumbent players in the PCaaS market are HP Inc. (US), Dell Inc. (US), Lenovo Group (China), HCL Technologies Limited (India), Microsoft Corporation (US), Amazon Web Services (US), Utopic Software LLC (US), CompuCom Systems, Inc. (US), Computer Generated Solutions (US), Bizbang, LLC (US) , and Cybercore Technologies (US), and others.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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