Device-as-a-Service Market - Global Forecast 2025-2032

Device-as-a-Service is emerging as a strategic approach for organizations looking to modernize technology management through flexible, scalable models that support evolving business needs. By embracing DaaS, senior leaders are able to streamline IT operations, reduce risk, and better align technology investments with long-term organizational goals.

Market Snapshot: Device-as-a-Service Market Growth

The global Device-as-a-Service market continues to accelerate as enterprises prioritize resilient and future-ready IT ecosystems. In 2024, the market achieved a valuation of USD 113.40 billion, with forecasts projecting growth to USD 159.65 billion in 2025 and expansion toward USD 1.66 trillion by 2032. This trajectory reflects a compound annual growth rate of 39.92% and underlines strong enterprise investment in modern IT delivery.

Scope & Segmentation: Executive Device-as-a-Service Insights

This report offers a detailed analysis to empower senior technology and procurement executives in making informed decisions about DaaS. The scope encompasses the core segments shaping this market and their direct impact on enterprise IT strategies:

• Device Types: Assesses desktops, convertible laptops, notebooks, ultrabooks, smartphones, and tablets across traditional, remote, and hybrid work models.
• Service Offerings: Covers Hardware-as-a-Service, Software-as-a-Service, full lifecycle management, break-fix solutions, and asset disposal, addressing needs in provisioning, security, and device retirement.
• Industry Verticals: Evaluates DaaS within banking, financial services, government, healthcare, IT and telecom, and education, focusing on compliance, privacy, and operational best practices in each sector.
• Organization Size: Explores differences in procurement and vendor strategy among enterprises, midsize organizations, and small businesses, linked to governance and operations.
• Geographical Coverage: Provides analysis of the Americas, Europe, Middle East, Africa, and Asia-Pacific, recognizing regional policy, infrastructure, and local drivers influencing adoption.
• Company Analysis: Delivers benchmarking and competitive insights for leaders such as HP Inc., Dell Technologies Inc., Lenovo Group Limited, Microsoft Corporation, Apple Inc., Fujitsu Limited, Cisco Systems Inc., IBM, Google LLC, and Amazon Web Services, Inc., enabling robust vendor assessments and strategic sourcing.

Key Takeaways for Senior Decision-Makers

• DaaS enhances flexibility in technology management, empowering organizations to scale and adapt swiftly in distributed operating models.
• Integrated analytics within DaaS platforms provide deeper insight into device utilization and user activity, increasing oversight for executives managing multi-location teams.
• Embracing circular economy practices via DaaS aligns with enterprise sustainability objectives, supporting transparency and responsible device lifecycle management.
• Centralized procurement and lifecycle management through DaaS strengthens compliance readiness and audit controls across complex technology environments.
• Industry-specific DaaS solutions address strict privacy and security mandates for regulated sectors, including finance and healthcare.
• Variations in local policy, supply chain resilience, and infrastructure require DaaS partners with experience in meeting regional compliance and continuity demands.

Tariff Impact on Device-as-a-Service Supply Chains

Recent changes in U.S. tariffs have created new supply chain challenges, primarily through increased operational costs and sourcing complexities. As a result, organizations are diversifying supplier networks, emphasizing transparent procurement, and expanding domestic assembly initiatives to maintain stable device access within subscription models.

Methodology & Data Sources

This research integrates direct input from IT leaders and executive decision-makers with rigorous secondary analysis. The findings are validated through structured, multi-phase data screening to ensure actionable and reliable guidance for senior technology strategies.

Why This Report Matters

• Equips executives with proven decision frameworks and benchmarks for advancing digital transformation while addressing technology supply chain risks with Device-as-a-Service.
• Enables comprehensive evaluation of DaaS providers to enhance compliance, sustainability, and responsive procurement in fluctuating market situations.
• Helps enterprises proactively manage evolving regulatory challenges and regional differences, improving resilience and adaptability in IT device strategies.

Conclusion

Device-as-a-Service provides a clear framework for organizations to strengthen adaptability, optimize technology management, and support strategic priorities in complex enterprise environments. This report offers essential insights for leaders guiding future-ready device strategies.

Additional Product Information:

• Purchase of this report includes 1 year online access with quarterly updates.
• This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.