Device as a Service Market Size, Share, and Analysis, By Component (Hardware, Software, and Services), By Device Type (Desktop, Laptop, Notebook & Tablet, Smartphone & Peripheral, and Others), By Organization Size (Large Enterprises and Small & Medium Ent

Device as a Service Market Size, Share, and Analysis, By Component (Hardware, Software, and Services), By Device Type (Desktop, Laptop, Notebook & Tablet, Smartphone & Peripheral, and Others), By Organization Size (Large Enterprises and Small & Medium Enterprises), By End User (BFSI, IT and Telecom, Healthcare, Retail, Education, Manufacturing, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2022-2032

PRODUCT OVERVIEW

Device as a Service Market is projected to grow at a CAGR of 28% in the forecast period (2022-2032), with the market size valued at USD 57.96 billion in 2022 and expected to reach USD 686.2 billion by 2032.

Device as a Service (DaaS) refers to a subscription-based model that provides access to hardware devices, such as computers, laptops, smartphones, and other equipment. It offers associated services that meet the demand of individuals and organizations, such as software, maintenance, and support. DaaS is a modern approach that transforms how organizations manage their technological resources. It enables businesses to rent multiple hardware and software services via a subscription model. This approach provides several benefits, including predictable costs, scalability, and access to modern technology without the need for upfront capital investments.

MARKET HIGHLIGHTS

Device as a Service Market is anticipated to reach USD 686.2 billion, growing at a CAGR of 28% during the forecast period, owing to the rising demand for economical and flexible IT solutions across organisations. The growth can be attributed to several factors such as the increasing adoption of subscription-based services and the need for efficient asset management within industries. Small and medium-sized enterprises (SMEs) are notably adopting DaaS as it offers latest technologies while minimizing initial capital expenditure. The demand for flexibility in business procedures combined with the evolving digital ecosystem is expected to promote growth and innovation in the DaaS industry.

Device as a Service Market Segments:

• By Component
• Hardware
• Software
• Services
• By Device Type
• Desktop
• Laptop
• Notebook & Tablet
• Smartphone & Peripheral
• Others
• By Organisation Size
• Large Enterprises
• Small & Medium Enterprises
• By End User
• BFSI
• IT and Telecom
• Healthcare
• Retail
• Education
• Manufacturing
• Others

MARKET DYNAMICS

Growth Drivers

Cost Efficiency of DaaS Model Drives the Growth of Device as a Service Market

Evolving Technology Will Fuel the Growth of the Device as a Service Market

Restraint

Data Security and Privacy Concerns are Major Obstacles in the Device as a Service (DaaS) Market

Key Players

• HP Inc.
• Dell Technologies
• Lenovo Group
• Microsoft Corporation
• Apple Inc.
• Samsung Electronics
• IBM
• Acer Inc.
• Fujitsu
• Toshiba
• Panasonic Corporation
• CompuCom
• Xerox Corporation
• Compucentro
• Computacenter
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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