Device as a Service (DaaS) Market Overview
Device as a Service (DaaS) Market size can touch a value of USD 307.42 Billion by 2030, according to the latest report by Market Research Future (MRFR). It stood at USD 9,843.8 million in 2019. The market is anticipated to expand at 34.9% CAGR over the forecast period. The market research report explores comprehensive study on various segments like opportunities, Device as a Service (DaaS) Market share, size, development, innovation, sales and overall growth of major players.
The device as a service (DaaS) market is expected to witness substantial growth during the forecast period, primarily due to the rising need to reduce capital expenditure (CAPEX) and operational expenditure (OPEX) among enterprises and the adoption of contract-based services and solutions by SMEs.
Device as a Service (DaaS) Market Growth
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.
Device as a Service (DaaS) Market Regional Analysis
The geographic analysis of the device as a service (DaaS) market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
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North America accounted for the largest market share of 45.5% in 2019, with a market value of USD 4,378.8 million; the market is expected to register a CAGR of 52.3% during the forecast period. Asia-Pacific was the second-largest market in 2019, valued at USD 2,408.6 million; the market is projected to exhibit a CAGR of 59.2%.
Device as a Service (DaaS) Market Key Players
- Microsoft (U.S.)
- Apple Inc. (U.S.)
- Dell Inc. (U.S.)
- Capgemini (France)
- Amazon Web Services Inc. (U.S.)
- HP Development Company L.P. (U.S.)
- CompuCom Systems Inc. (U.S.)
- Yorktel (U.K.)
- Citrix Systems Inc. (U.S.)
- Acer Inc. (Taiwan)
- Plantronics Inc. (U.S.)
- SHI International Corp. (U.S.)
- Intel Corporation (U.S.)
- Lenovo (China)
- Scantron Corporation (U.S.)
Device as a Service (DaaS) Market Segmental Analysis
The global device as a service (DaaS) market has been segmented based on component, organization size, vertical, and region.
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By Component
- Hardware
- Solution
- Services
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- Government
- Education
- IT & Telecommunication
- Manufacturing
- Retail
- Healthcare
- BFSI
- Others
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Key questions answered in the report include
- who are the key market players in the Device as a Service Market?
- Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the Device as a Service Market?
- What are the regional growth trends and the leading revenue-generating regions for the Device as a Service Market?
- What will be the market size and the growth rate by the end of the forecast period?
- What is the key Device as a Service Market trends impacting the growth of the market?
- What are the major Product Types of Device as a Service?
- What are the major applications of Device as a Service?
- Which Device as a Service technologies will top the market in next 7 years?
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