Device as a Service (DaaS) Market Future Estimations and Key Industry Segments Poised for Strong Growth in Future 2030
Market Research Future Insights
The Global Device as a Service (DaaS) Market is
estimated to be worth USD 307.42 Billion by 2030, registering a 34.9% CAGR
during the forecast period (2022- 2030).
Device as a
Service (DaaS) providers offer management services of
hardware devices similar to laptops, desktop PCs, and others in a single
contract to large firms. Small and medium-sized enterprises have subsisted
demanding DaaS for reducing expenses on hardware and concentrating on marketing
and sales strategies. Mitigation of risks demoted downtime and analytics can
bode well for the device as a service market during the prediction period.
Procurement of laptops is anticipated to endure an
upswing owing to the emergence of remote work. The sudden bump in supply chains
of laptop manufacturers can direct the demand for desktop PCs.
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Small and medium enterprises need capital for the
management of assets and dilating their operations. They can score relief from
extravagant expenses by looking at DaaS solution providers. The necessity for
disseminating software upgrades and information can be served at a robust rate.
Elimination of device purchases or their return to DaaS providers can steer to
savings on CAPEX and OPEX. In extension, contracts with large firms for serving
their device needs and allowing them to concentrate on core operations can
forebode well for the worldwide DaaS market.
The penetration of IoT in large enterprises has
furnished a lucrative opportunity for DaaS solution companies. Managed
solutions and a single point of contact for the resolution of all queries can
reduce expenditures and operational complexities.
Key Players
The global Device as a Service (DaaS) market’s
prominent key players are 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).
Market Segmentation
The global Battery Device as a Service (DaaS)
market is segmented into the following types,
By Component
- Hardware
- Solution
- Services
By Organization Size
- Large
Enterprises
- Small
& Medium Enterprises
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By Vertical
- Government
- Education
- IT
& Telecommunication
- Manufacturing
- Retail
- Healthcare
- BFSI
- Others
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Regional Analysis
The Global Device as a Service (DaaS) Market is
divided into five regions; North America, Asia Pacific, Europe, Latin America,
and the Middle East & Africa.
North America is appraised to lead in the global
DaaS market owing to its capability to deliver its customers with flexibility
in their operations. PC and laptop manufacturers have enfolded the new supply
chain model by accepting the responsibilities of device management. The U.S.
was esteemed for close to 87.4% market share in 2019, succeeded by Canada and
Mexico. The North American device-as-a-service market is bound to mark a CAGR
of 52.3% during the forecast period owing to the work-from-home policy embraced
by major software development corporations. The launch of similar programs by
Microsoft and HP is evidence of the large prospect of the model.
The APAC market is anticipated to reach a valuation
of USD 54.1 Billion by 2026. It's likely to flaunt a CAGR of 59.2% over the
forecast period owing to the large workforce concerned in IT and ITes services.
The Device as a Service Market is forecast to succeed in the region owing to
the outsourcing of plum contracts to large firms in China and India conjoined
with a source of revenue for hardware vendors by the refurbishment of machines.
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