According
to a new market report titled Hardware as a Service Market -Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 -
2026, published by Transparency Market Research, the global
hardware as a service (HaaS) market
is
expected to reach US$ 304.80 Bn by 2026, expanding at a CAGR of 25.6%
from 2018 to 2026. According to the report, the global market is
expected to continue to be influenced by a range of macroeconomic and
industry-specific factors. North America is anticipated to continue
to be at the forefront of global demand, with the market in the
region expanding at a CAGR of above 24.6% during the forecast period.
Technical advancements, increased digitization, and presence of a
large number of hardware solutions and services providers are
anticipated to drive the hardware as a service market in North
America.
Rising
Significance of IT and Telecom Industry and Technological Advancement
across the World Driving the Global Hardware as a Service Market
Increase in the adoption of new IT
solutions with modern consumer trends in different organizations and
IT modernization is expected to boost the hardware as a service
market in the coming years. Moreover, increase in demand for HaaS
from the IT and telecom industry is expected to fuel the growth of
the market in the near future. Companies are increasingly adopting
HaaS solutions which are outsourced by third-party vendors, to reduce
their operational costs and increase their revenues. This is likely
to propel the growth of the market during the forecast period.
In terms of hardware as a service
systems, both North America and Europe are mature regions of the
market, due to high awareness about hardware as a service among users
and technological developments. However, the market in Asia Pacific
is expected to expand at a robust pace during the forecast period.
Rise in penetration of technology as well as significant investments
in the optimal utilization of information technology hardware across
countries such as the U.S., U.K., Germany, France, China, India, and
Brazil are anticipated to offer lucrative opportunities for hardware
as a service providers in the near future.
Hardware as a Service
Market: Scope of the Report
Based on component, the global
hardware as a service market has been segmented into hardware and
professional services. The hardware segment i.e. hardware
installation and procurement held significant market share and is
anticipated to remain dominant over the forecast period in terms of
revenue. The segment has been further divided into desktop/PC,
computer networking devices, storage devices, and others. Others
segment includes printers, scanners etc. The desktop/PC hardware
sub-segment accounted for a prominent market share globally, followed
by the computer networking devices sub-segment, in terms of revenue.
However, the storage devices sub-segment is expected to expand
significantly over the forecast periodowing to the rapid increase in
the amount of data generated by users. The professional services
segment is projected to expand significantly in the coming years due
to the increasing adoption of support and maintenance services, and
consulting & integration services by various industry verticals.
The report includes analysis of the hardware as a service market by
region, segmented into North America, Europe, Asia Pacific, Middle
East & Africa, and South America.
Based on hardware model, the
desktop/PC as a service segment accounted for a major share of the
global market in 2017, followed by the infrastructure as a service
segment. As per the research study, the desktop/PC as a service
segment is projected to expand at a rapid pace between 2018 and 2026
and is expected to maintain prominent market share globally by the
end of the forecast period.
0 comments:
Post a Comment