Global Hardware as-a Service Market Size study & Forecast, by Offering, by End-User Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Hardware as-a Service Market is valued at approximately USD 56.53 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 28.71% during the forecast period 2023-2030. Hardware as-a Service refers to a business model in which hardware components or devices are provided to customers on a subscription or leasing basis rather than being sold outright. This model is similar to Software as a Service (SaaS) and focuses on physical hardware resources. The Hardware as-a Service Market is expanding because of factors such as the growing deployment of cloud platforms and the rising number of small and medium-sized enterprises. HaaS allows for flexible scaling of hardware resources based on the customer's needs. As a result, the demand for Hardware as-a Service has progressively increased in the international market during the forecast period 2023-2030.

Cloud platforms enable businesses to scale their operations rapidly. As demand for cloud services grows, so does the need for scalable and flexible hardware infrastructure. HaaS aligns with the cloud's scalability model, allowing businesses to easily add or reduce hardware resources based on their changing requirements. According to Statista, the global public cloud computing market is anticipated to reach up to USD 679 billion by the year-end of 2024. Furthermore, the public cloud market accounts for end-user spending of about USD 491 billion in 2022 and reached up to USD 597 billion in the year 2023. Another important factor that drives the Hardware as-a Service Market is the increasing number of small and medium-sized enterprises. HaaS providers typically handle maintenance, troubleshooting, and support services. This can alleviate the need for SMEs to employ extensive in-house IT staff, resulting in potential cost savings. In addition, as per Statista, the number of small and medium-sized enterprises accounted for 327.8 million in 2020 and reached 332.99 million in 2021. Moreover, the growing rate of digitalization across enterprises and technological advancements with hardware as a service infrastructure are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high initial cost of Hardware as-a Service and lack of awareness about the benefits of HaaS Model are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Hardware as-a Service Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing digitalization across the enterprises in the region. Digital transformation often involves rapid changes in technology requirements. HaaS provides enterprises with the agility and flexibility to scale their hardware resources up or down based on evolving digital needs. This is particularly valuable in dynamic business environments where traditional, fixed hardware solutions may become quickly outdated. The region's dominant performance is anticipated to propel the overall demand of Hardware as-a Service. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as rising adoption of cloud platforms in the region.

Major market player included in this report are:

Dell Inc
Design Data Systems, Inc
ITque, Inc
Amazon.com Inc
MasterIT, LLC
Lenovo Group
Microsoft Corporation
Navitas Lease Corp.
ZNet Technologies Pvt. Ltd.
Fujitsu Ltd

Recent Developments in the Market:

In December 2023, Fujitsu merged essential services relating to this industry into "Fsas Technologies Inc." for the Japanese market, with the new entity beginning on April 1, 2024, under Fujitsu Limited. Fujitsu's choice highlights the necessity to construct a framework for comprehensive resource management and allocation at all stages of this business, from development, production, and sales to Japan-based maintenance of related hardware and services.

Global Hardware as-a Service Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Offering, End-User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering

Hardware Model
Professional Services

By End-User Industry

Retail/Wholesale
Education
BFSI
Manufacturing
Healthcare
IT and Telecommunication
Other End-User Industries

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Hardware as-a Service Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Hardware as-a Service Market, by Offering, 2020-2030 (USD Billion)
- 1.2.3.Hardware as-a Service Market, by End-User Industry, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Hardware as-a Service Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Hardware as-a Service Market Dynamics

3.1.Hardware as-a Service Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Growing deployment of cloud platforms
  - 3.1.1.2.Rising number of small and medium-sized enterprises
- 3.1.2.Market Challenges
  - 3.1.2.1.High initial cost Hardware as-a Service
  - 3.1.2.2.Lack of awareness about the benefits of HaaS Model
- 3.1.3.Market Opportunities
  - 3.1.3.1.Growing rate of digitalization across the enterprises
  - 3.1.3.2.Technological advancements with Hardware as a Service infrastructure

Chapter 4.Global Hardware as-a Service Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Hardware as-a Service Market, by Offering

5.1.Market Snapshot
5.2.Global Hardware as-a Service Market by Offering, Performance - Potential Analysis
5.3.Global Hardware as-a Service Market Estimates & Forecasts by Offering 2020-2030 (USD Billion)
5.4.Hardware as-a Service Market, Sub Segment Analysis
- 5.4.1.Hardware Model
- 5.4.2.Professional Services

Chapter 6.Global Hardware as-a Service Market, by End-User Industry

6.1.Market Snapshot
6.2.Global Hardware as-a Service Market by End-User Industry, Performance - Potential Analysis
6.3.Global Hardware as-a Service Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
6.4.Hardware as-a Service Market, Sub Segment Analysis
- 6.4.1.Retail/Wholesale
- 6.4.2.Education
- 6.4.3.BFSI
- 6.4.4.Manufacturing
- 6.4.5.Healthcare
- 6.4.6.IT and Telecommunication
- 6.4.7.Other End-User Industries

Chapter 7.Global Hardware as-a Service Market, Regional Analysis

7.1.Top Leading Countries
7.2.Top Emerging Countries
7.3.Hardware as-a Service Market, Regional Market Snapshot
7.4.North America Hardware as-a Service Market
- 7.4.1.U.S. Hardware as-a Service Market
  - 7.4.1.1.Offering breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2.End-User Industry breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Hardware as-a Service Market
7.5.Europe Hardware as-a Service Market Snapshot
- 7.5.1.U.K. Hardware as-a Service Market
- 7.5.2.Germany Hardware as-a Service Market
- 7.5.3.France Hardware as-a Service Market
- 7.5.4.Spain Hardware as-a Service Market
- 7.5.5.Italy Hardware as-a Service Market
- 7.5.6.Rest of Europe Hardware as-a Service Market
7.6.Asia-Pacific Hardware as-a Service Market Snapshot
- 7.6.1.China Hardware as-a Service Market
- 7.6.2.India Hardware as-a Service Market
- 7.6.3.Japan Hardware as-a Service Market
- 7.6.4.Australia Hardware as-a Service Market
- 7.6.5.South Korea Hardware as-a Service Market
- 7.6.6.Rest of Asia Pacific Hardware as-a Service Market
7.7.Latin America Hardware as-a Service Market Snapshot
- 7.7.1.Brazil Hardware as-a Service Market
- 7.7.2.Mexico Hardware as-a Service Market
7.8.Middle East & Africa Hardware as-a Service Market
- 7.8.1.Saudi Arabia Hardware as-a Service Market
- 7.8.2.South Africa Hardware as-a Service Market
- 7.8.3.Rest of Middle East & Africa Hardware as-a Service Market

Chapter 8.Competitive Intelligence

8.1.Key Company SWOT Analysis
8.2.Top Market Strategies
8.3.Company Profiles
- 8.3.1.Dell Inc
  - 8.3.1.1.Key Information
  - 8.3.1.2.Overview
  - 8.3.1.3.Financial (Subject to Data Availability)
  - 8.3.1.4.Product Summary
  - 8.3.1.5.Recent Developments
- 8.3.2.Design Data Systems, Inc
- 8.3.3.ITque, Inc
- 8.3.4.Amazon.com Inc
- 8.3.5.MasterIT, LLC
- 8.3.6.Lenovo Group
- 8.3.7.Microsoft Corporation
- 8.3.8.Navitas Lease Corp.
- 8.3.9.ZNet Technologies Pvt. Ltd.
- 8.3.10.Fujitsu Ltd

Chapter 9.Research Process

9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
9.2.Research Attributes
9.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Hardware as-a Service Market, report scope
TABLE 2.Global Hardware as-a Service Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Hardware as-a Service Market estimates & forecasts by Offering 2020-2030 (USD Billion)
TABLE 4.Global Hardware as-a Service Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
TABLE 5.Global Hardware as-a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6.Global Hardware as-a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Hardware as-a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Hardware as-a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Hardware as-a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Hardware as-a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Hardware as-a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Hardware as-a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Hardware as-a Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Hardware as-a Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.U.S. Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17.U.S. Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.Canada Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19.Canada Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20.Canada Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.UK Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22.UK Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23.UK Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.Germany Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25.Germany Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26.Germany Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.France Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28.France Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29.France Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.Italy Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31.Italy Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32.Italy Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Spain Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34.Spain Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35.Spain Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.RoE Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37.RoE Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38.RoE Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.China Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40.China Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41.China Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.India Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43.India Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44.India Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.Japan Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46.Japan Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47.Japan Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.South Korea Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49.South Korea Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50.South Korea Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.Australia Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52.Australia Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53.Australia Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.RoAPAC Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55.RoAPAC Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56.RoAPAC Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.Brazil Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58.Brazil Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59.Brazil Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Mexico Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61.Mexico Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62.Mexico Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.RoLA Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64.RoLA Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65.RoLA Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.Saudi Arabia Hardware as-a Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67.South Africa Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68.RoMEA Hardware as-a Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.List of secondary sources, used in the study of global Hardware as-a Service Market
TABLE 70.List of primary sources, used in the study of global Hardware as-a Service Market
TABLE 71.Years considered for the study
TABLE 72.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Hardware as-a Service Market, research methodology
FIG 2.Global Hardware as-a Service Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Hardware as-a Service Market, key trends 2022
FIG 5.Global Hardware as-a Service Market, growth prospects 2023-2030
FIG 6.Global Hardware as-a Service Market, porters 5 force model
FIG 7.Global Hardware as-a Service Market, pest analysis
FIG 8.Global Hardware as-a Service Market, value chain analysis
FIG 9.Global Hardware as-a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Hardware as-a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Hardware as-a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Hardware as-a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Hardware as-a Service Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Hardware as-a Service Market, regional snapshot 2020 & 2030
FIG 15.North America Hardware as-a Service Market 2020 & 2030 (USD Billion)
FIG 16.Europe Hardware as-a Service Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Hardware as-a Service Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Hardware as-a Service Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Hardware as-a Service Market 2020 & 2030 (USD Billion)