Device as a Service Market Revenue, Price and Gross Margin Study with Forecasts to 2030
Market Overview
Device as a Service (DaaS) Market size
can touch a value of USD 425.6 billion with 25.7% CAGR by 2030. DaaS providers offer
management services of hardware devices such as laptops, desktop PCs, and
others in a single contract to large firms.
Device as a Service (DaaS) Market was
gaining huge demand and will continue its streak till the end of the COVID-19
pandemic. Large number of companies looking for devices during lockdowns for
seamless resumption of work can drive the market demand. Small and medium size
enterprises have been demanding DaaS for reducing expenses pertaining to
hardware and focus on marketing and sales strategies. Mitigation of risks,
reduced downtime, and analytics can bode well for the device as a service
market during the forecast period.
The device as a service (DaaS) market share consists of major sub-segments, including hardware,
solution (software), and services. The hardware segment is further divided into
desktop, laptops, printers, and others. The solution (software) includes all
types of solutions, such as operating systems, virtualization tools, security
software, backup/disaster recovery tools, database management tools, email
servers, and developer tools that are required to run the hardware devices
mentioned above. The services segment is further divided into professional
services and managed services. Professional services include consulting services
to provide customized solutions, maintenance, and other support services for
the hardware devices.
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Device as a Service (DaaS) Market
Segmental Analysis
By Component
Hardware
Solution
Services
By Organization Size
Large
Enterprises
Small
& Medium Enterprises
By Vertical
Government
Education
IT
& Telecommunication
Manufacturing
Retail
Healthcare
BFSI
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
Regional Analysis
Geographically, the device as a service
(DaaS) market has been categorized into five different regions—North America,
Europe, Asia-Pacific, the Middle East & Africa, and South America. North
America is expected to dominate the global device as a service (DaaS) market growth
throughout the forecast period owing to the rising need to reduce capital
expenditure (CAPEX) and operational expenditure (OPEX) by enterprises as well
as the adoption of contract-based services and solutions by SMEs.
Device as a Service (DaaS) is a
subscription-based model that provides businesses with hardware and IT support
at a predictable cost . This model allows businesses to lease hardware, such as
PCs, smartphones, and other mobile computing devices, as a service instead of
purchasing and managing them on their own.
DaaS providers handle the procurement,
deployment, and management of IT equipment, making it easier for businesses to
stay up-to-date with the latest technology and minimize downtime due to
hardware failures.
Overall, Device as a Service offers a
range of benefits to businesses, including lower costs, easier hardware
management, and more predictable expenses. As such, it has become a popular
choice for businesses of all sizes looking to simplify their IT infrastructure
and focus on their core operations.
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