Hardware-as-a-Service (Haas) Market May Set a New Epic Growth Story | Phoenix NAP, Amazon, Machado Consulting

A new research document with title 'Global Hardware-as-a-Service (Haas) Market: Current Analysis and Forecast (2021-2027)’ covering detailed analysis, Competitive landscape, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers geographic analysis that includes regions like America, LATAM, Europe, Nordic nations, Oceania or Southeast Asia or Just Eastern Asia and important players/vendors such as Fujitsu Ltd., FUSE3 Communications, Ingram Micro Inc, Navitas Lease Corporation, Phoenix NAP, Amazon.com, Lenovo Group Ltd., Machado Consulting, Design Data Systems, Inc., and Dell Inc., etc.

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Hardware-as-a-service is a subscription model in which rented devices are owned, managed, and supported by a third-party which are defined by a service-level agreement. The HaaS model has several benefits such as low upfront cost, timely maintenance, keep the equipment current with the latest technology.

As per a study by U.S based tech giant “Spiceworks”, HaaS adoption is still in its infancy among organizations of all sizes. Currently, 21 % of organizations subscribe to the hardware-as-a-service model for printers, which have been available under the HaaS model longer than many other types of hardware. But less than 5% subscribe to HaaS for other end-user devices, such as desk phones, desktops, laptops, and tablets.

Moreover, the demand for the deployment of Hardware as a service model is majorly emerging from the retail/ wholesale, education, financial service san manufacturing sector. In a study, it was found that as of 2019, 31% of retail/wholesale organizations use the hardware as a service model for one or more types of devices (compared to an overall 24 percent average), and an additional 7% of retail businesses plan to adopt HaaS during 2020-2021.

However, reasons such as adequate resources to manage the device in the house, lack of control, cost-effectiveness, not sold on benefits, security concern, lack of budget, etc. are some of the prominent reason which is the market growth restraints especially for the small-medium enterprises.

For a better understanding of the market penetration of the hardware as a service market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of APAC), and Rest of World.
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