Device as a Service (DaaS) Market Overview 

The device as a service (DaaS) market generated a revenue of USD 9,843.8 million in 2019 and is expected to reach a market value of USD 190,163.8 million by 2026, growing at 55.8% CAGR during the forecast period. 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.

Fascinating Features Propelling 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. The additional factors which are adding to the market growth include technological advances, rising adoption of IoT, ever-changing business needs, growing advancements of web services, and rising penetration of high-speed internet network.

On the contrary, loss of data during a disaster, lack of security, need for high network bandwidth, high monthly fee, and very little awareness are predicted to deter the growth of the DaaS market over the forecast period.

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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.

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.)

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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.

By Component

• Hardware
• Solution
• Services

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Vertical

• Government
• Education
• IT & Telecommunication
• Manufacturing
• Retail
• Healthcare
• BFSI
• Others

Table of Content:

• Market Definition and Overview
• Research Method and Logic
• Market Competition Analysis
• Product and Service Analysis
• Strategies for Company to Deal with the Impact of COVID-19
• Market Segment by Services, Organisatiob Size and Market Forecasts
• Market Segment by Vertical, Historical Data and Market Forecasts
• Market by by Region, Historical Data and Market Forecasts
• Market Dynamic Analysis and Development Suggestions

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