Market Overview
According to Market Research Future's recent estimate, the Device as a Service (DaaS) market might reach USD 307.42 billion by 2030. (MRFR). In 2019, it was USD 9,843.8 million. Over the projection period, the market is expected to grow at a 34.9 per cent CAGR. DaaS suppliers provide major businesses with management services for hardware devices such as laptops, desktop PCs, and others under a single contract.
As per the Market Research Future report, there are numerous factors that are propelling the device as a service market size. These include the rapid adoption of subscription-based service models, increased end-user productivity, higher policy compliance, reduction in help desk volume, increasing demand for DaaS across various industry verticals, increasing need for cost-efficient solutions, and growing need for highly secured devices & better stability.
Companies who want to take advantage of the subscription cost structure while eliminating the hassle of purchasing, managing, and disposing of hardware are choosing devices as a service for their work. As device as a service becomes more popular, PC makers and IT service providers are working on structuring their services, integrating marketing methods, and incorporating technology such as artificial intelligence and the internet of things into their devices as service plans.
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Furthermore, DaaS reduces the expense of owning a device for consumption and helps with cost predictability while providing value-added services to improve the user experience. Furthermore, Device as a Service gives operational flexibility by allowing enterprises to deploy devices based on their requirements. As a result, these factors are driving the global market and increasing the use of the Device as a Service model, according to the research report, "Global Device as a Service (DaaS) Market Analysis, 2022."
Competitive Analysis
The key players of the global Device as a Service market are HP Development Company, L.P. (US), Microsoft (US), Dell Inc. (US), Amazon Web Services, Inc. (US), Lenovo (China), Yorktel (England), Scantron Corporation (US), Intel Corporation (US), Apple Inc. (US), Citrix Systems, Inc. (US), Acer Inc. (Taiwan), Plantronics, Inc. (US), CompuCom Systems, Inc. (US), Capgemini (France), and SHI International Corp. (New Jersey).
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Market Segmentation
This research report classifies the Device-as-a-Service market to anticipate revenues and assess trends in each of the following sub-markets:
The market was evaluated based on Offering across Hardware, Services, and Software.
The market was examined based on Device Type, which included Desktops, Laptops, Notebooks, and Tablets, as well as Smartphones and Peripherals.
The market was divided into two segments based on organisation size: large enterprises and small and medium-sized enterprises.
The market was researched based on End-User across Banking, Financial Services and Insurance (BFSI), Educational Institutions, Government Offices, Healthcare and Life Sciences, IT & Telecommunications, Others, and Public Sector.
Regional Classification
The global device as a service market is divided into North America, Latin America, Europe, CIS & Russia, and the Asia Pacific except Japan, Japan, and the Middle East & Africa. The device as a service market in North America is predicted to be the largest in terms of value due to technical developments in the region as well as increased use of the device as a service in the region across various industrial verticals.
North America is predicted to lead the worldwide device as a service market, followed by the Asia Pacific excluding Japan, since the area has a significant number of life science and retail organisations, which will lead to greater adoption of the device as a service among these organisations. In terms of growth, the Asia Pacific excluding Japan is the leading market, followed by Europe and North America.
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Industry News
The device as a service (DaaS) is a new administration model that was designed for managing equipment gadgets, for example, PCs, workstations, tablets, or cell phones, and the product that is required to work in businesses. The ability of DaaS providers to provide administration to clients for a monthly membership fee will aid in its popularity.
Table of Content
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 18
2 MARKET INTRODUCTION
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY
4 MARKET INSIGHTS
5 MARKET DYNAMICS
Continued...
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