IT & Telecommunications vertical to hold the largest size of PCaaS market during the forecast period
Based on vertical, the PCaaS market is segmented into IT & telecommunications; healthcare & life sciences; education; BFSI; government; and others (retail and manufacturing). The IT & telecommunications vertical to hold the largest size of PCaaS market, during the forecast period. Access to secure, reliable, and high-performance communication is fundamental to operations of energy utilities, healthcare institutions, defense industry, transportation, and financial institutes. These verticals highly rely on IT & telecommunications departments for the smooth working of their business processes. PCaaS offers timely upgrades & maintenance of hardware and software, allowing companies to reduce IT burdens; moreover, it helps to avoid technological obsolescence, which ultimately enhances productivity.