Hardware as a Service Market to Get a New Boost | Navitas Lease, Ingram Micro, ZNet Technologies

Hardware as a Service (HaaS) is an innovative service, that contemporary offers the elimination of stress and expense of buying hardware. However, it is a managed solution which provides a rental agreement that combines maintenance and support with the latest technology. HaaS offers to use Internet Protocol (IP) connections in order to utilize the computing power of remote hardware. Hardware as a service has the most popular types of HaaS models which are classified as cloud computing services in which data is stored and active computing hardware is also done, this also helps individual businesses to lease computing power, rather than invest in additional on-site hardware.

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The market study is being classified by Type (Hardware and Professional Services), by Application (Small & Medium Enterprises (SMEs) and Large Enterprises) and major geographies with country level break-up.
Navitas Lease Corp. (United States), Ingram Micro (United States), Design Data Systems, Inc. (United States), ZNet Technologies Pvt. Ltd. (India), FUSE3 Communications (United States), Microsoft Corporation (United States) and are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Hardware as a Service market throughout the predicted period.
Segment Analysis
HTF MI has segmented the market of Global Hardware as a Service market by Type, Application and Region.

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On the basis of geography, the market of Hardware as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Hardware Model, the sub-segment i.e. Platform as a Service will boost the Hardware as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Type, the sub-segment i.e. Cloud will boost the Hardware as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Hardware as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI (Banking, Financial, Services, and Insurance) will boost the Hardware as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Drivers
Growing Demand for Efficient Management in It and Telecommunication Sector
Increase in Demand for Haas from the IT and Telecom Industry

Market Trend
Adoption of Advanced Technologies in Government and Construction Sector
Growing Need to Adopt New IT Solutions with Modern Consumer Trends across the World

Restraints
High Risk of Data Security and Low Interoperability
High-Cost Related to Haas

Opportunities
Rapid Growth Of On-Demand Services in the Consumer World
Growing High Awareness about Hardware as a Service among Users and Technological Developments
Challenges
Issues Related with Long Term Agreements of Haas

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