Device as a Service Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Offering (Hardware, Software, Services), By Device Type (Desktop, Laptop, Notebook And Tablets, Smartphone and Peripheral), By Enterprise Size (Small & Medium Enterprise, Large Enterprise), By End-Use (Banking, Financial Services and Insurance (BFSI), Educational Institution, Healthcare and Life Science, IT & Telecom, Public Sector and Government Office, Others), By Region, By Competition, 2019-2029F

  • Industry : ICT
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 791 Million

Market Size (2029)

USD 3924.04 Million

CAGR (2024-2029)

30.4%

Fastest Growing Segment

Services

Largest Market

North America


Market Overview

Global Device as a Service Market was valued at USD 791 Million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 30.4% through 2029. The Global Device as a Service (DaaS) Market is experiencing significant growth, driven by the rising demand for efficient and cost-effective IT solutions among businesses. DaaS offers a comprehensive package, combining hardware, software, services, and support, providing businesses with a hassle-free approach to managing their devices. This model eliminates the need for large upfront investments in technology, allowing companies to shift from a capital expenditure to an operational expenditure model. Businesses can lease devices, such as computers, laptops, tablets, and smartphones, along with necessary software and IT services, on a subscription basis. DaaS providers handle device procurement, deployment, maintenance, and upgrades, ensuring that businesses have access to up-to-date technology without the burden of managing IT infrastructure. This approach not only enhances operational efficiency but also enables businesses to focus on their core activities, promoting agility and innovation. With the increasing trend toward remote and hybrid work environments, businesses are turning to DaaS solutions to meet their evolving IT needs, making it a pivotal component of modern IT strategies.

Key Market Drivers

Strategic IT Management

The global Device as a Service (DaaS) market is on an upward trajectory, fueled by the increasing demand for strategic IT management solutions among businesses. DaaS offers a comprehensive package that includes hardware, software, services, and support, providing organizations with a streamlined approach to managing their IT infrastructure. In today's fast-paced business landscape, companies are looking for efficient ways to handle their IT needs without the burden of heavy upfront investments. DaaS solutions empower businesses to lease devices, ranging from computers and laptops to tablets and smartphones, along with essential software and IT services. This model not only simplifies IT procurement and deployment but also ensures that organizations have access to up-to-date technology, enhancing operational efficiency. Strategic IT management, facilitated by DaaS, allows businesses to focus on core competencies while experienced providers handle device procurement, maintenance, and upgrades. As companies increasingly prioritize agility and innovation, DaaS emerges as a pivotal driver, reshaping how businesses approach their IT strategies and fostering a seamless technological experience.

Flexibility and Scalability

Flexibility and scalability are fundamental drivers propelling the growth of the global Device as a Service (DaaS) market. In today's dynamic business landscape, where adaptability is key to survival, organizations are seeking IT solutions that can evolve with their changing needs. DaaS offers unparalleled flexibility by allowing businesses to tailor their device requirements based on fluctuating demands. Whether a company needs to scale up during peak seasons or downsize in response to market shifts, DaaS providers can swiftly adjust device deployments accordingly. This scalability ensures that businesses always have the right technology resources without overcommitting financially. DaaS solutions are designed to accommodate diverse business models, making them attractive to enterprises of all sizes. Small businesses benefit from the ability to access high-end devices without significant upfront costs, while larger enterprises appreciate the ease of managing a vast array of devices across various departments. The flexibility to customize device configurations and the scalability to adapt to changing business landscapes position DaaS as a vital enabler for modern organizations, offering them the agility needed to thrive in today's competitive markets.

Cost-Efficiency and Predictable Budgeting

The global Device as a Service (DaaS) market is experiencing rapid growth, driven by the compelling advantages of cost-efficiency and predictable budgeting. In an era where financial prudence is paramount, businesses are gravitating towards DaaS solutions as a strategic financial choice. DaaS eliminates the need for significant upfront investments in IT hardware, allowing organizations to convert capital expenditures into predictable operational expenses. This shift in financial strategy ensures that businesses can allocate resources more efficiently, investing in revenue-generating activities rather than tying up capital in depreciating assets. DaaS providers offer comprehensive support, maintenance, and device management services within a fixed monthly fee, simplifying budgeting processes for businesses. This predictable cost structure enables organizations to plan their budgets effectively, avoiding unforeseen expenses related to device maintenance or replacements. By opting for DaaS, businesses gain access to cutting-edge technology without the burden of ownership costs, making it an attractive proposition for both small enterprises and large corporations alike. The combination of cost-efficiency and predictable budgeting positions DaaS as a strategic financial tool, allowing businesses to optimize their IT investments and focus on achieving their core objectives.

Enhanced Security and Compliance

The global Device as a Service (DaaS) market is flourishing due to the paramount importance businesses place on enhanced security and regulatory compliance. In an increasingly digitized landscape, safeguarding sensitive data and ensuring compliance with industry regulations are non-negotiable imperatives. DaaS providers address these concerns comprehensively, offering robust security features and ensuring adherence to stringent compliance standards. By entrusting their IT infrastructure to DaaS providers, businesses benefit from cutting-edge security protocols, including encryption, threat detection, and regular security updates. These measures fortify defenses against cyber threats, providing businesses with peace of mind regarding their digital assets. Furthermore, DaaS providers are well-versed in industry-specific regulations and data protection laws, ensuring that businesses remain compliant with legal requirements. This expertise in compliance matters is particularly crucial for organizations operating in sectors with stringent data protection regulations, such as healthcare, finance, and legal services. By opting for DaaS solutions, businesses not only bolster their security posture but also mitigate the risks associated with regulatory non-compliance. This dual advantage positions DaaS as a trusted partner for businesses aiming to navigate the complexities of cybersecurity and regulatory adherence, making it a driving force behind the market's growth.


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Key Market Challenges

Device Compatibility and Fragmentation

The Global Device as a Service (DaaS) Market grapples with challenges stemming from device compatibility and fragmentation. In this diverse market, an array of devices, ranging from computers and laptops to tablets and smartphones, coexist. While this variety fosters innovation, it also leads to a compatibility conundrum. Businesses often face difficulties when integrating different devices within their infrastructure, as diverse operating systems, software versions, and hardware configurations create interoperability challenges. This fragmentation necessitates comprehensive strategies to ensure seamless collaboration and compatibility across devices, enabling businesses to harness the full potential of DaaS solutions. Addressing this challenge requires concerted efforts from manufacturers and industry stakeholders to establish standardized protocols, simplifying device integration and streamlining operations for businesses.

Data Security and Privacy Concerns

The proliferation of connected devices within the DaaS ecosystem raises significant concerns regarding data security and privacy. With an increasing volume of sensitive business data stored and processed on devices, the risk of cybersecurity threats escalates. Businesses must contend with the constant evolution of cyber threats, including malware, phishing attacks, and data breaches, which can compromise confidential information and disrupt operations. Adherence to global data protection regulations, such as GDPR and CCPA, adds another layer of complexity. Ensuring the security of data transmitted and stored across DaaS platforms necessitates robust encryption, multi-factor authentication, and stringent access controls. Businesses need to foster a culture of cybersecurity awareness among employees to mitigate human-related security vulnerabilities, making data security a paramount challenge to overcome in the DaaS landscape.

Device Lifecycle Management

The Device as a Service (DaaS) Market faces a significant challenge in managing the entire lifecycle of devices efficiently. From procurement and deployment to maintenance, upgrades, and eventual disposal, each stage demands meticulous attention. Businesses must navigate the complexities of device inventory, tracking, and optimization to maximize the lifespan and utility of their IT assets. Furthermore, with rapid technological advancements, devices quickly become obsolete, requiring frequent upgrades to maintain competitiveness. Efficient device lifecycle management is critical to avoiding operational disruptions, ensuring compatibility with the latest software and applications, and optimizing costs. This challenge underscores the need for proactive planning, strategic partnerships with reliable DaaS providers, and a well-defined roadmap for device management throughout their lifecycle.

Compliance with Regulatory Standards

Navigating the intricate landscape of regulatory standards and compliance requirements poses a persistent challenge in the Device as a Service (DaaS) Market. As businesses operate across diverse regions, each with its unique set of regulations related to data protection, environmental sustainability, and consumer rights, adhering to these standards becomes paramount. Failure to comply with regulatory mandates can result in legal consequences, financial penalties, and reputational damage. DaaS providers must stay abreast of evolving regulations, ensuring that their services align with international and regional standards. This challenge demands continuous monitoring of legal frameworks, proactive adjustments to policies and practices, and transparent communication with clients regarding compliance measures. Collaborative efforts between DaaS providers, businesses, and regulatory bodies are essential to fostering an environment of trust and ensuring adherence to legal requirements.

Sustainable Practices and Environmental Impact

The growing concern for environmental sustainability presents a significant challenge in the Device as a Service (DaaS) Market. As the demand for electronic devices escalates, so does the ecological footprint associated with their production, usage, and disposal. Addressing this challenge necessitates the adoption of sustainable practices throughout the device lifecycle. This includes eco-friendly manufacturing processes, the use of recyclable materials, energy-efficient operations, and responsible disposal methods. DaaS providers must invest in research and development to create devices with minimal environmental impact, promoting circular economy principles. Businesses partnering with DaaS providers can contribute by opting for devices designed for durability, repairability, and recyclability. Public awareness campaigns and educational initiatives further play a vital role in promoting eco-conscious consumer behavior, encouraging responsible device usage and disposal. Mitigating the environmental impact of devices within the DaaS ecosystem requires a collaborative effort involving manufacturers, businesses, consumers, and regulatory bodies, fostering a sustainable approach to technology adoption and usage.

Key Market Trends

Ubiquitous Device Integration

The Global Device as a Service (DaaS) Market is undergoing a transformative surge driven by the pervasive integration of devices into modern workflows. Businesses across diverse sectors are embracing a mobile-first approach, integrating smartphones, tablets, and laptops seamlessly into their operations. This shift signifies a fundamental change in how employees work, communicate, and collaborate, fostering a heightened demand for DaaS solutions. With devices becoming more than mere tools but integral components of business strategies, the DaaS market is witnessing an upswing. From customized software configurations to device security, DaaS providers are adapting to cater to the unique needs of businesses. This trend underscores the vital role DaaS plays in enhancing workforce productivity, streamlining operations, and fostering innovation, positioning it as an indispensable facet of the modern corporate landscape.

Cloud-Based Solutions and Remote Management

The evolution of cloud technology has propelled the DaaS market into a new era characterized by flexibility and scalability. Cloud-based DaaS solutions are gaining prominence, enabling businesses to centralize device management, enhance security, and ensure seamless software updates. This shift is particularly crucial in the wake of the remote work revolution, where businesses are increasingly relying on cloud-based DaaS models to empower their distributed workforce. With employees accessing corporate resources from various locations and devices, cloud-based DaaS solutions offer a cohesive platform for secure and efficient device management. The cloud-based approach fosters collaboration, allowing teams to work cohesively on shared projects regardless of geographical boundaries. As businesses continue to prioritize flexibility and adaptability, the adoption of cloud-based DaaS solutions is poised to accelerate, reshaping the landscape of modern work environments.

Focus on User Experience and Personalization

The DaaS market is witnessing a paradigm shift towards user-centric solutions and personalization. Businesses recognize the significance of providing employees with devices and tools tailored to their specific roles and preferences. This emphasis on user experience not only enhances productivity but also boosts employee satisfaction and engagement. DaaS providers are increasingly offering customizable device configurations, allowing businesses to select hardware, software, and peripherals that align with their employees' unique needs. This trend is particularly evident in industries requiring specialized tools, such as creative design, engineering, and healthcare. By providing personalized devices, businesses can empower their employees, fostering a conducive environment for creativity and innovation. DaaS solutions are incorporating intuitive interfaces and user-friendly applications, simplifying device interactions and enhancing overall user experience. As businesses prioritize the well-being and productivity of their workforce, the focus on user experience and personalization is becoming a hallmark of the DaaS market.

Embracing Sustainability and Green Computing

The Global Device as a Service (DaaS) Market is embracing a sustainable revolution, aligning with the global imperative of environmental conservation. Businesses are increasingly mindful of the ecological impact of technology, prompting a shift towards green computing practices. DaaS providers are responding by offering eco-friendly devices, emphasizing energy efficiency, recyclability, and reduced electronic waste. This eco-conscious approach not only resonates with environmentally responsible businesses but also aligns with the preferences of environmentally conscious consumers. Furthermore, DaaS providers are implementing strategies to extend the lifecycle of devices, promoting repairability and upgradability to minimize electronic waste. The adoption of circular economy principles, where devices are refurbished and repurposed, is becoming a cornerstone of sustainable DaaS solutions. As businesses recognize the symbiotic relationship between technology and the environment, the integration of sustainability into DaaS offerings is becoming a pivotal trend, shaping the market's trajectory towards a greener and more sustainable future.

Augmented Reality (AR) and Virtual Reality (VR) Integration

The integration of Augmented Reality (AR) and Virtual Reality (VR) technologies is reshaping the landscape of the Device as a Service (DaaS) Market. Businesses are harnessing the power of AR and VR devices for training, product demonstrations, virtual meetings, and immersive customer experiences. DaaS providers are capitalizing on this trend by offering AR and VR devices as part of their service packages. These advanced technologies are revolutionizing various industries, from healthcare and education to manufacturing and retail. Businesses adopting AR and VR devices through DaaS solutions gain a competitive edge by delivering innovative and immersive experiences to their customers and employees. This trend is not only enhancing user engagement but also expanding the horizons of what businesses can achieve with technology. As AR and VR applications continue to evolve, the integration of these technologies into DaaS offerings is poised to unlock new possibilities, driving innovation and transforming diverse sectors in the process.

Segmental Insights

Offering Insights

The Services segment emerged as the dominant force in the Global Device as a Service (DaaS) Market, a trend projected to persist firmly throughout the forecast period. Services offerings within the DaaS market encompass a comprehensive suite of managed services tailored to meet the evolving needs of businesses seeking seamless device provisioning, management, and support solutions. DaaS providers offer end-to-end services that go beyond traditional hardware provisioning, encompassing device configuration, deployment, maintenance, user support, troubleshooting, and lifecycle management. This holistic approach ensures that organizations have access to a complete ecosystem of support services, enabling them to streamline IT operations, enhance user productivity, and optimize device performance throughout their lifecycle. DaaS services provide businesses with flexibility, scalability, and cost-efficiency by offering predictable subscription-based pricing models and eliminating the need for upfront capital investment in hardware procurement and maintenance. DaaS services enable organizations to stay agile and adapt to evolving technology trends and business requirements, as providers continuously update devices with the latest software, security patches, and performance enhancements. With the increasing complexity of IT environments and the growing demand for seamless user experiences, the dominance of the Services segment in the Global DaaS Market is expected to endure, driven by the value proposition of comprehensive managed services in simplifying device management, enhancing operational efficiency, and driving business success.

Device Type Insights

The Laptop,segment emerged as the dominant force in the Global Device as a Service (DaaS) Market, a trend anticipated to persist firmly throughout the forecast period. Laptops, notebooks, and tablets are integral components of modern business environments, facilitating flexible and mobile workstyles while supporting a wide range of tasks and applications. DaaS providers offer comprehensive solutions tailored to the needs of businesses seeking seamless provisioning, management, and support for these devices. By opting for DaaS solutions for laptops, notebooks, and tablets, organizations can ensure that their workforce has access to reliable and up-to-date devices equipped with the necessary software, security features, and productivity tools. Moreover, DaaS offerings for laptops, notebooks, and tablets often include value-added services such as device configuration, deployment, user support, troubleshooting, and lifecycle management, enabling businesses to streamline IT operations and enhance user productivity. The growing adoption of remote and hybrid work models further underscores the importance of laptops, notebooks, and tablets in supporting flexible and collaborative work environments, driving the demand for DaaS solutions tailored to these device types. With the increasing reliance on mobile computing devices and the continued emphasis on digital transformation initiatives, the dominance of the Laptop, Notebook, and Tablet segment in the Global DaaS Market is expected to endure, fueled by the value proposition of comprehensive managed services in optimizing device performance, enhancing user experiences, and driving business agility.


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Regional Insights

North America emerged as the dominant region in the Global Device as a Service (DaaS) Market, a trend expected to persist firmly throughout the forecast period. Several factors contribute to North America's dominance in this market, including its advanced technological infrastructure, mature IT market, and widespread adoption of digital transformation initiatives among businesses across various sectors. Additionally, North America boasts a highly developed ecosystem of DaaS providers, technology vendors, and managed service providers, offering a wide range of solutions tailored to meet the diverse needs of organizations. The region's strong emphasis on enhancing workplace productivity, optimizing IT operations, and driving innovation further fuels the demand for DaaS solutions. North America is home to many multinational corporations and large enterprises with extensive IT infrastructure and workforce requirements, driving significant demand for DaaS offerings to support their device provisioning, management, and support needs. The region's proactive regulatory environment and data privacy laws encourage businesses to invest in managed services like DaaS to ensure compliance and mitigate cybersecurity risks. With North America's continued leadership in technological innovation, coupled with the growing adoption of remote work models and cloud-based solutions, the dominance of the region in the Global DaaS Market is expected to endure, driving market growth and innovation in the years ahead.

Recent Developments

  • In October 2023, HP Inc. organized its inaugural HP Imagine event, unveiling a lineup of over 20 new devices and services aimed at transforming everyday life, work processes, and creative endeavors. The event served as a platform to showcase HP's cutting-edge innovations spanning Personal Systems, Printing Systems, and Workforce Solutions, highlighting the company's commitment to driving technological advancement and addressing evolving customer needs in the modern business landscape.

Key Market Players

  • HP Inc.
  • Dell Technologies Inc.
  • Lenovo Group Limited
  • Microsoft Corporation
  • Apple Inc.
  • Cisco Systems, Inc.
  • IBM Corporation
  • Fujitsu Limited
  • Toshiba Corporation
  • Panasonic Corporation

 By Offering

By Enterprise Size

By Device Type

 By End-Use

By Region
  • Hardware
  • Software
  • Services
  • Small & Medium Enterprise
  • Large Enterprise
  • Desktop
  • Laptop
  • Notebook and Tablets
  • Smartphone and Peripheral
  • Banking, Financial Services and Insurance (BFSI)
  • Educational Institution
  • Healthcare and Life Science
  • IT & Telecom
  • Public Sector and Government Office
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Device as a Service Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Device as a Service Market, By Offering:

o   Hardware

o   Software

o   Services

  • Device as a Service Market, By Enterprise Size:

o   Small & Medium Enterprise

o   Large Enterprise

  • Device as a Service Market, By Device Type:

o   Desktop

o   Laptop

o   Notebook and Tablets

o   Smartphone and Peripheral  

  • Device as a Service Market, By End-Use:

o   Banking, Financial Services and Insurance (BFSI)

o   Educational Institution

o   Healthcare and Life Science

o   IT & Telecom

o   Public Sector and Government Office

o   Others

  • Device as a Service Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

§  Vietnam

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

§  Peru

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Device as a Service Market.

Available Customizations:

Global Device as a Service market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Device as a Service Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]   

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Impact of COVID-19 on Global Device as a Service Market

5.    Voice of Customer

6.    Global Device as a Service Market Overview

7.    Global Device as a Service Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Offering (Hardware, Software, Services)

7.2.2.    By Device Type (Desktop, Laptop, Notebook and Tablets, Smartphone and Peripheral)

7.2.3.    By Enterprise Size (Small & Medium Enterprise, Large Enterprise)

7.2.4.    By End-Use (Banking, Financial Services and Insurance (BFSI), Educational Institution, Healthcare and Life Science, IT & Telecom, Public Sector and Government Office, Others)

7.2.5.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.  By Company (2023)

7.4.  Market Map

8.    North America Device as a Service Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Offering

8.2.2.    By Device Type

8.2.3.    By Enterprise Size

8.2.4.    By End-Use

8.2.5.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Device as a Service Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Offering

8.3.1.2.2.           By Device Type

8.3.1.2.3.           By Enterprise Size

8.3.1.2.4.           By End-Use

8.3.2.    Canada Device as a Service Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Offering

8.3.2.2.2.           By Device Type

8.3.2.2.3.           By Enterprise Size

8.3.2.2.4.           By End-Use

8.3.3.    Mexico Device as a Service Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Offering

8.3.3.2.2.           By Device Type

8.3.3.2.3.           By Enterprise Size

8.3.3.2.4.           By End-Use

9.    Europe Device as a Service Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Offering

9.2.2.    By Device Type

9.2.3.    By Enterprise Size

9.2.4.    By End-Use

9.2.5.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Device as a Service Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Offering

9.3.1.2.2.           By Device Type

9.3.1.2.3.           By Enterprise Size

9.3.1.2.4.           By End-Use

9.3.2.    France Device as a Service Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Offering

9.3.2.2.2.           By Device Type

9.3.2.2.3.           By Enterprise Size

9.3.2.2.4.           By End-Use

9.3.3.    United Kingdom Device as a Service Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Offering

9.3.3.2.2.           By Device Type

9.3.3.2.3.           By Enterprise Size

9.3.3.2.4.           By End-Use

9.3.4.    Italy Device as a Service Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Offering

9.3.4.2.2.           By Device Type

9.3.4.2.3.           By Enterprise Size

9.3.4.2.4.           By End-Use

9.3.5.    Spain Device as a Service Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Offering

9.3.5.2.2.           By Device Type

9.3.5.2.3.           By Enterprise Size

9.3.5.2.4.           By End-Use

9.3.6.    Belgium Device as a Service Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Offering

9.3.6.2.2.           By Device Type

9.3.6.2.3.           By Enterprise Size

9.3.6.2.4.           By End-Use

10. South America Device as a Service Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Offering

10.2.2. By Device Type

10.2.3. By Enterprise Size

10.2.4. By End-Use

10.2.5. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Device as a Service Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Offering

10.3.1.2.2.         By Device Type

10.3.1.2.3.         By Enterprise Size

10.3.1.2.4.         By End-Use

10.3.2. Colombia Device as a Service Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Offering

10.3.2.2.2.         By Device Type

10.3.2.2.3.         By Enterprise Size

10.3.2.2.4.         By End-Use

10.3.3. Argentina Device as a Service Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Offering

10.3.3.2.2.         By Device Type

10.3.3.2.3.         By Enterprise Size

10.3.3.2.4.         By End-Use

10.3.4. Chile Device as a Service Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Offering

10.3.4.2.2.         By Device Type

10.3.4.2.3.         By Enterprise Size

10.3.4.2.4.         By End-Use

10.3.5. Peru Device as a Service Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Offering

10.3.5.2.2.         By Device Type

10.3.5.2.3.         By Enterprise Size

10.3.5.2.4.         By End-Use

11. Middle East & Africa Device as a Service Market Outlook

11.1.            Market Size & Forecast

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Offering

11.2.2. By Device Type

11.2.3. By Enterprise Size

11.2.4. By End-Use

11.2.5. By Country

11.3.            Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Device as a Service Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Offering

11.3.1.2.2.         By Device Type

11.3.1.2.3.         By Enterprise Size

11.3.1.2.4.         By End-Use

11.3.2. UAE Device as a Service Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Offering

11.3.2.2.2.         By Device Type

11.3.2.2.3.         By Enterprise Size

11.3.2.2.4.         By End-Use

11.3.3. South Africa Device as a Service Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Offering

11.3.3.2.2.         By Device Type

11.3.3.2.3.         By Enterprise Size

11.3.3.2.4.         By End-Use

11.3.4. Turkey Device as a Service Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Offering

11.3.4.2.2.         By Device Type

11.3.4.2.3.         By Enterprise Size

11.3.4.2.4.         By End-Use

11.3.5. Israel Device as a Service Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Offering

11.3.5.2.2.         By Device Type

11.3.5.2.3.         By Enterprise Size

11.3.5.2.4.         By End-Use

12. Asia Pacific Device as a Service Market Outlook

12.1.            Market Size & Forecast

12.1.1. By Value

12.2.            Market Share & Forecast

12.2.1. By Offering

12.2.2. By Device Type

12.2.3. By Enterprise Size

12.2.4. By End-Use

12.2.5. By Country

12.3.            Asia-Pacific: Country Analysis

12.3.1. China Device as a Service Market Outlook

12.3.1.1.     Market Size & Forecast

12.3.1.1.1.         By Value

12.3.1.2.     Market Share & Forecast

12.3.1.2.1.         By Offering

12.3.1.2.2.         By Device Type

12.3.1.2.3.         By Enterprise Size

12.3.1.2.4.         By End-Use

12.3.2. India Device as a Service Market Outlook

12.3.2.1.     Market Size & Forecast

12.3.2.1.1.         By Value

12.3.2.2.     Market Share & Forecast

12.3.2.2.1.         By Offering

12.3.2.2.2.         By Device Type

12.3.2.2.3.         By Enterprise Size

12.3.2.2.4.         By End-Use

12.3.3. Japan Device as a Service Market Outlook

12.3.3.1.     Market Size & Forecast

12.3.3.1.1.         By Value

12.3.3.2.     Market Share & Forecast

12.3.3.2.1.         By Offering

12.3.3.2.2.         By Device Type

12.3.3.2.3.         By Enterprise Size

12.3.3.2.4.         By End-Use

12.3.4. South Korea Device as a Service Market Outlook

12.3.4.1.     Market Size & Forecast

12.3.4.1.1.         By Value

12.3.4.2.     Market Share & Forecast

12.3.4.2.1.         By Offering

12.3.4.2.2.         By Device Type

12.3.4.2.3.         By Enterprise Size

12.3.4.2.4.         By End-Use

12.3.5. Australia Device as a Service Market Outlook

12.3.5.1.     Market Size & Forecast

12.3.5.1.1.         By Value

12.3.5.2.     Market Share & Forecast

12.3.5.2.1.         By Offering

12.3.5.2.2.         By Device Type

12.3.5.2.3.         By Enterprise Size

12.3.5.2.4.         By End-Use

12.3.6. Indonesia Device as a Service Market Outlook

12.3.6.1.     Market Size & Forecast

12.3.6.1.1.         By Value

12.3.6.2.     Market Share & Forecast

12.3.6.2.1.         By Offering

12.3.6.2.2.         By Device Type

12.3.6.2.3.         By Enterprise Size

12.3.6.2.4.         By End-Use

12.3.7. Vietnam Device as a Service Market Outlook

12.3.7.1.     Market Size & Forecast

12.3.7.1.1.         By Value

12.3.7.2.     Market Share & Forecast

12.3.7.2.1.         By Offering

12.3.7.2.2.         By Device Type

12.3.7.2.3.         By Enterprise Size

12.3.7.2.4.         By End-Use

13. Market Dynamics

13.1.            Drivers

13.2.            Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.            HP Inc.

15.1.1. Business Overview

15.1.2. Key Revenue and Financials  

15.1.3. Recent Developments

15.1.4. Key Personnel/Key Contact Person

15.1.5. Key Product/Services Offered

15.2.            Dell Technologies Inc.

15.2.1. Business Overview

15.2.2. Key Revenue and Financials  

15.2.3. Recent Developments

15.2.4. Key Personnel/Key Contact Person

15.2.5. Key Product/Services Offered

15.3.            Lenovo Group Limited

15.3.1. Business Overview

15.3.2. Key Revenue and Financials  

15.3.3. Recent Developments

15.3.4. Key Personnel/Key Contact Person

15.3.5. Key Product/Services Offered

15.4.            Microsoft Corporation

15.4.1. Business Overview

15.4.2. Key Revenue and Financials  

15.4.3. Recent Developments

15.4.4. Key Personnel/Key Contact Person

15.4.5. Key Product/Services Offered

15.5.            Apple Inc.

15.5.1. Business Overview

15.5.2. Key Revenue and Financials  

15.5.3. Recent Developments

15.5.4. Key Personnel/Key Contact Person

15.5.5. Key Product/Services Offered

15.6.            Cisco Systems, Inc.

15.6.1. Business Overview

15.6.2. Key Revenue and Financials  

15.6.3. Recent Developments

15.6.4. Key Personnel/Key Contact Person

15.6.5. Key Product/Services Offered

15.7.            IBM Corporation

15.7.1. Business Overview

15.7.2. Key Revenue and Financials  

15.7.3. Recent Developments

15.7.4. Key Personnel/Key Contact Person

15.7.5. Key Product/Services Offered

15.8.            Fujitsu Limited

15.8.1. Business Overview

15.8.2. Key Revenue and Financials  

15.8.3. Recent Developments

15.8.4. Key Personnel/Key Contact Person

15.8.5. Key Product/Services Offered

15.9.            Toshiba Corporation

15.9.1. Business Overview

15.9.2. Key Revenue and Financials  

15.9.3. Recent Developments

15.9.4. Key Personnel/Key Contact Person

15.9.5. Key Product/Services Offered

15.10.         Panasonic Corporation

15.10.1.              Business Overview

15.10.2.              Key Revenue and Financials  

15.10.3.              Recent Developments

15.10.4.              Key Personnel/Key Contact Person

15.10.5.              Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Device as a Service Market was USD 791 Million in 2023.

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The Laptop segment was the dominant segment by form in the global device-as-a-service (DaaS) market in 2023.

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The dominant region in the Global Device as a Service (DaaS) market is North America. The region boasts advanced technological infrastructure, widespread adoption of DaaS solutions by businesses, and a thriving IT services sector, making it a key player in the global DaaS market.

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The major drivers for the Global Device as a Service (DaaS) market include businesses' increasing focus on cost efficiency, seamless technology adoption, and the shift toward subscription-based models. DaaS offers flexibility, scalability, and reduced IT burden, driving its adoption among enterprises globally.

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Sakshi Bajaal

Business Consultant
Press Release

Device as a Service Market to Grow with a CAGR of 30.4% Globally through to 2028

Nov, 2023

Global Device as a Service (DaaS) Market is rising due to the increasing demand from businesses for simplified device management, reduced IT costs, and enhanced flexibility, allowing companies to foc

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