PCaaS Market Size (2024 - 2029)

PC as a Service Market Analysis

The PCaaS Market size is estimated at USD 86.5 billion in 2024, and is expected to reach USD 523.63 billion by 2029, growing at a CAGR of 43.35% during the forecast period (2024-2029).

The increasing need to reduce IT staffing costs and workload and the adoption of PCaaS by small and medium-sized enterprises (SMEs) are the key factors driving demand in the market. Recently, HP Inc. presented a comprehensive set of PCaaS offerings for customers and channel partners, including the launch of DaaS, an evolution of PCaaS aimed at simplifying and speeding up IT management and thereby reducing IT staffing costs by providing a comprehensive, end-to-end solution for businesses.

• The increasing IT budget and focus on business support applications are the vital factors driving the market's growth. According to Spiceworks' Ziff Davis, 64% of enterprises (with more than 500 employees) planned to increase their IT budgets by the end of last year.Also, some of the major reasons for the IT budget increase include increased priority on IT projects (49%), a need to upgrade outdated IT infrastructure (47%), and increased security concerns (44%). Furthermore, by last year, 9% of the total software and hosted/cloud-based services budget was expected to be allocated for business support applications. The emphasis on improving business applications in line with an increase in IT budgets creates new opportunities for the PCaaS market.
• Efficiency plays a vital role in SMEs' IT expenditures. Owing to the benefits that PCaaS offers, the adoption of these solutions is high among SMEs. According to Intel, small business workers lose more than one workweek per year due to old PCs that use outdated technology. The PCaaS offering is expected to evade unnecessary costs related to efficiency, security, and workforce productivity. Such advantages will likely drive the demand for PCaaS in SMEs during the forecast period.
• An assessment done by Schneider Electric and Hartford Steam Boiler in the past year revealed that there are a large number of factors that contribute to equipment failure. These factors include environmental issues (8%), humidity (9%), and improper operations (9%), among the many factors responsible for the failures. In another survey of 200 executives conducted by Honeywell, approximately 42% admitted to operating equipment in an improper manner, resulting in equipment failure.Such scenarios indirectly add to the demand for PCaaS services, especially in the case of large organizations.
• Despite PCaaS improving employee flexibility, customer experience, and ROI, lack of product differentiation is a factor that affects the market's growth. Most of the players in the market offer similar benefits to their clients, which include monthly fixed-time payments, PC lifecycle support, and improved productivity, among others.
• With the growth in cloud-based desktop services during the COVID-19 pandemic situation, PCaaS packages have been highly efficient and cost-effective for supporting [work-from-home] employees, according to Pund-IT. Long-term, more people are likely to use PCaaS because of the strong digital transformation and the need to cut IT costs to keep businesses running.

PC as a Service Industry Segmentation

PC as a Service (PCaaS), in which a person or organization pays a monthly subscription fee to a vendor to lease endpoint hardware and management services, brings together the user's PC hardware, PC management tools, and PC support specialists.

The PCaaS Market report is segmented by Type (Hardware, Software, and Services), Deployment Type (Small and Medium-scale Organizations, Large Organizations), End-user (BFSI, Healthcare, Life Sciences, IT and Telecom, Government and Defense, Education), and Geography (North America, Europe, Asia Pacific, and Rest of the World).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.