The Device-As-A-Service Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Device-As-A-Service Market Size and Projected Growth Rate?
The Device-As-A-Service Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Device-As-A-Service Market Size and Projected Growth Rate?
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What Are the Major Segments in the Device-As-A-Service Market?
The device-as-a-service market covered in this report is segmented –
1) By Device Type: Desktops, Laptops, Notebooks, Tablets, Smartphones And Peripherals
2) By Offering: Hardware, Software, Service
3) By Enterprise Size: Small And Medium Enterprise, Large Enterprise
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Educational Institutions, Healthcare And Life Sciences, IT And Telecommunication, Public Sector And Government Offices, Other Industry Verticals
Subsegments:
1) By Desktops: All-In-One Desktops, Traditional Desktops
2) By Laptops: Business Laptops, Gaming Laptops, Ultrabooks
3) By Notebooks: Standard Notebooks, 2-In-1 Notebooks
4) By Tablets: Standard Tablets, Rugged Tablets
5) By Smartphones And Peripherals: High-End Smartphones, Mid-Range Smartphones, Budget Smartphones, Printers, Monitors, Keyboards And Mice, Docking Stations
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What Are The Driving Device-As-A-Service Market Evolution?
Growth in the device-as-a-service market is anticipated to be driven by an increasing uptake of subscription-based services. This business model involves customers paying a recurring fee or subscription price to use a service over a defined duration of time. In this model, device-as-a-service is typically employed, offering businesses a comprehensive solution for accessing and administering their device infrastructure. Customers gain access and use of a variety of devices offered by a service provider through the payment of a recurring fee. This is utilized for cost-efficiency, scalability, ease of device management, and regular payments. For instance, data from eLabs Inc., a Canadian software company, revealed in July 2022 that 53% of all software revenue came from subscription models by 2022, and 78% of individual industries worldwide made use of subscription services. Additionally, the subscription economy is predicted to hit $1.3 trillion in the next ten years. Consequently, the growth of the device-as-a-service market is being fueled by the increasing prevalence of subscription-based service models.
Which Firms Dominate The Device-As-A-Service Market Segments?
Major companies operating in the device-as-a-service market include Apple Inc., Acer Inc., Samsung, Microsoft Corporation, Dell Inc., Lenovo Group Limited, Intel Corporation, SYNNEX Corporation, accenture* plc, Cisco Systems Inc., Hewlett Packard Development Company L.P., Capgemini, Cognizant, DXC Technology, Vmware Inc., Swisscom AG, Telia Company AB, Computacenter plc., Atea Global Services Ltd., Citrix Systems Inc., CompuCom Systems Inc., Yorktel, EMPIST, Portsmouth Computer Group, Sunstate Technology Group, Trust Technology Solutions, Insight Enterprises Inc.
What Trends Are Expected to Dominate the Device-As-A-Service Market in the Next 5 Years?
Emerging technologies are among the primary trends on the rise within the device-as-a-service industry. To maintain their market standing, major operations within this industry are pioneering unique technologies. To illustrate, Social Mobile, a firm based in the U.S. focusing on enterprise mobility solutions, introduced a new device-as-a-service (DaaS) product named Social Mobile ONE in January 2023. This trailblazing technology assists businesses of various scales to acquire the required devices without the concerns of immediate expenses or continuous upkeep. It also includes advanced hardware, software for device management, managed mobility services, and cellular connectivity. Moreover, it provides a cost-effective solution that is easy to administer for businesses, regardless of their size. By employing this technology, companies can sidestep the hefty initial costs associated with the purchase and management of mobile devices. Likewise, they can take advantage of Social Mobile’s proficiency in mobile security and administration.
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Which Is The Largest Region In The Device-As-A-Service Market?
North America was the largest region in the device-as-a-service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the device-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Device-As-A-Service Market?
2. What is the CAGR expected in the Device-As-A-Service Market?
3. What Are the Key Innovations Transforming the Device-As-A-Service Industry?
4. Which Region Is Leading the Device-As-A-Service Market?
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