Hardware-as-a-Service (Haas) Market Analysis, Size, Share, Growth, Trends, and Forecasts by 2031

Hardware-as-a-Service (Haas) market was valued at 102 billion US$ in 2022 and is projected to reach 588.8 billion US$ by 2030, at a CAGR of 24.5% during the forecast period. Hardware-as-a-Service (HaaS) is a model of delivering hardware infrastructure on a subscription or pay-per-use basis, similar to how software is delivered through Software-as-a-Service (SaaS). Instead of purchasing and maintaining physical hardware, customers can access and use the hardware they need through a remote, cloud-based service. This allows businesses to scale their hardware resources up or down as needed, without the need for large upfront investments or ongoing maintenance costs.