PUBLISHER: Value Market Research | PRODUCT CODE: 1578253
PUBLISHER: Value Market Research | PRODUCT CODE: 1578253
The global demand for Device-as-a-Service Market is presumed to reach the market size of nearly USD 1188.99 Billion by 2032 from USD 114.64 Billion in 2023 with a CAGR of 29.68% under the study period 2024-2032.
Device-as-a-Service (DaaS) refers to a model for device management. The service model includes leasing hardware devices such as laptops, tablets, consumer electronics, medical and industrial equipment, enterprise hardware, and other accessories together with life-cycle servicing, run-up, and deployment into a single monthly or per-person contract. DaaS is a step-change in supply chain data and flows complexity. With DaaS, one can successfully create one smooth, simple, and seamless experience. DaaS eases the IT needs of an organization by bundling hardware with software and other services. It is sometimes also referred to as hardware as a service or PC as a service.
The global device-as-a-service market is projected to witness significant growth during the forecast period. Budget constraints, growing awareness about the DaaS model, and thriving IT companies drive the global device-as-a-service market. Customer behavior is changing. They want to pay for what they want and eliminate unnecessary costs and waste. The DaaS model offer organizations with greater agility and lower costs. Advantages of the DaaS model include reducing the total cost of ownership (TCO) of the hardware life cycle, eliminating the end-of-life (EOL) challenges, increasing employee device choice, increasing productivity, and simplifying the management of software updates and patches, and increases flexibility. All these contribute to the growing demand for the DaaS model. However, large organizations find the DaaS model with high operating costs hampers its adoption across high capital companies.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Device-as-a-Service. The growth and trends of Device-as-a-Service industry provide a holistic approach to this study.
This section of the Device-as-a-Service market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Device-as-a-Service market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Device-as-a-Service market include Accenture PLC, Acer Inc., Apple Inc., Cisco, Cognizant, Computacenter, Dell Technologies, Intel Corporation, Hewlett Packard, Lenovo. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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