Hardware As A Service (HaaS) Market Rises With Rising Need For Latest Hardware Solutions

Hardware as a Service (HaaS) Market: Overview

Hardware as a Service (HaaS) is a process of procurement similar to licensing and subscriptions. The hardware which has to be managed is placed at the client’s facilities and managed by the service provider. Cost related to this hardware is added into the monthly subscription rate which is paid by the client for the managed services offered. It involves remote management of all the hardware installed at the client’s site. HaaS provides multiple advantages as there is no need to maintain a dedicated staff for managing the hardware installed. Also, bulk of the management work is performed remotely, which further reduces the time and money requirements for the client. Due to the increasing number of companies in the information technology (IT) domain, HaaS market is expected to grow during the forecast period.

Free PDF Sample For Technological breakthroughs is @ http://bit.ly/2atlKzO

Established players in the market simply provide the hardware required to the client and add the cost in the monthly subscription. However, it is not possible for the small companies or the new entrants in the market as they cannot afford to pay whole cost of hardware upfront. As a solution, smaller players in the market have started leasing the hardware directly to the client. In this model the client will be responsible for credit and the financial responsibility related to the hardware. Reduced capital expenditure is the main driver of HaaS market. Companies are able to generate more working capital for other important functions and architecture. Furthermore, uncertainties related to maintenance and performance are eliminated with the help of HaaS. Equipment and services are both included in the service level agreements signed between the service provider and client.

Hardware as a Service (HaaS) Market: Growth Enablers and Restraints

One of the major driving factors for the HaaS market is regular technological updates for latest hardware solutions and improved performance without any cost constraints. HaaS offers scalability to an organization, and thus, growing or decreasing needs of a company are addressed accordingly. With the help of HaaS, a client is able to integrate any number of components according to the enterprises’ needs. In case of business contraction, HaaS enables an enterprise to scale down its business operations.

Market Insight of Hardware as a Service can be Viewed @ http://bit.ly/2a6un2M

Enterprise network security often requires both hardware and software components to be updated regularly, this challenge is also solved with the help of HaaS. Increasing need for data storage applications and hardware is also expected to drive the HaaS market during the forecast period. However, data protection and integrity issues can restrain growth of the market.

Hardware as a Service (HaaS) Market: Competitive Overview

Hardware services/components provided in the HaaS market include computers, servers, network infrastructure components, backup and disaster recovery, phone systems, software and others. HaaS solution can deployed by two methods, on-site deployment and remote deployment. Method of deployment is chosen on the basis of hardware setup requirements. Furthermore, on the basis of geography, HaaS market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Major players associated with HaaS market include Amazon.com, Inc., Kloud9 IT, Inc., Xpress, Inc., TEConsult, Provisionage LLC, Fidess Group, Inc., Bocotek, Inc., TechBrain, Trust Technology Solution and Windstar Technologies, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.