+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Device as a Service Market By Component, By Device Type, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2022-2031

  • PDF Icon

    Report

  • 240 Pages
  • September 2023
  • Region: Global
  • Allied Market Research
  • ID: 5751072
Description Jump to:
PCs, smartphones, and other mobile computing devices can be rented on a pay-per-use basis through the device as a service, or DaaS, model. Outsourcing a company's hardware, software, and device management to an external provider can make a company's information technology requirements more manageable. This process is known as the device as a service. If a company were to subscribe to a provider, they would be able to upgrade their hardware after their lease term without incurring the costs typically associated with a device refresh.

The rapid adoption of the subscription-based services model driving the device-as-a-service market growth. In addition, increase in adoption of DaaS due to its adaptability, cost savings, and data security drive the growth of the device-as-a-service market size. However, lack of awareness regarding the benefits offered by the device-as-a-service model, and security & data protection risks associated with device-as-a-service market hamper the growth of the device-as-a-service market size. On the contrary, the emergence of the wearable-as-a-service (WaaS) model is projected to provide major lucrative opportunities for the growth of the device-as-a-service market.

The device-as-a-service market is segmented on the basis of component, device type, enterprise size, and industry vertical. By component, it is divided into hardware, software, and services. By device type, it is classified into desktop; laptop, notebook and tablet; and smartphone and peripheral. By enterprise size, it is bifurcated into larger enterprises and small & medium enterprises. By industry vertical, it is categorized into BFSI, IT & telecom, healthcare, retail, education, manufacturing, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the device-as-a-service market such as Accenture, Apple Inc., Cisco Systems Inc., Cognizant, CompuCom Systems, Inc., Dell Inc., Hewlett Packard Enterprise Development LP, Intel Corporation, Lenovo, and Microsoft. These players have adopted various strategies to increase their market penetration and strengthen their position in the device-as-a-service market share.

Key Benefits For Stakeholders

The study provides an in-depth analysis of the global device-as-a-service market along with the current trends and future estimations to elucidate the imminent investment pockets.

Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.

Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

The quantitative analysis of the global device-as-a-service market for the period 2021-2031 is provided to determine the market potential.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
  • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Investment Opportunities
  • Technology Trend Analysis
  • Regulatory Guidelines
  • Strategic Recommedations
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Historic market data
  • Market share analysis of players at global/region/country level

Key Market Segments

By Device Type

  • Desktop
  • Laptop, Notebook and Tablet
  • Smartphone and Peripheral

By Enterprise Size

  • Small and Medium Enterprises
  • Large Enterprises

By Component

  • Hardware
  • Software
  • Services

By Industry Vertical

  • BFSI
  • IT and Telecom
  • Healthcare
  • Retail
  • Education
  • Manufacturing
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa
  • Key Market Players
  • Microsoft
  • Cisco Systems Inc.
  • Dell Inc.
  • Intel Corporation
  • Apple Inc.
  • Lenovo
  • Cognizant
  • Accenture
  • CompuCom Systems, Inc.
  • Hewlett Packard Enterprise Development LP

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.3. Porter’s five forces analysis
3.4. Market dynamics
CHAPTER 4: DEVICE AS A SERVICE MARKET, BY COMPONENT
4.1. Overview
4.2. Hardware
4.3. Software
4.4. Services
CHAPTER 5: DEVICE AS A SERVICE MARKET, BY DEVICE TYPE
5.1. Overview
5.2. Desktop
5.3. Laptop, Notebook and Tablet
5.4. Smartphone and Peripheral
CHAPTER 6: DEVICE AS A SERVICE MARKET, BY ENTERPRISE SIZE
6.1. Overview
6.2. Large Enterprises
6.3. Small and Medium Enterprises
CHAPTER 7: DEVICE AS A SERVICE MARKET, BY INDUSTRY VERTICAL
7.1. Overview
7.2. BFSI
7.3. IT and Telecom
7.4. Healthcare
7.5. Retail
7.6. Education
7.7. Manufacturing
7.8. Others
CHAPTER 8: DEVICE AS A SERVICE MARKET, BY REGION
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia-Pacific
8.5. LAMEA
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
10.1. Accenture
10.2. Apple Inc.
10.3. Cisco Systems Inc.
10.4. CompuCom Systems, Inc.
10.5. Dell Inc.
10.6. Hewlett Packard Enterprise Development LP
10.7. Intel Corporation
10.8. Lenovo
10.9. Microsoft
10.10. Cognizant
List of Tables
Table 01. Global Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 02. Device as a Service Market for Hardware, by Region, 2021-2031 ($Billion)
Table 03. Device as a Service Market for Software, by Region, 2021-2031 ($Billion)
Table 04. Device as a Service Market for Services, by Region, 2021-2031 ($Billion)
Table 05. Global Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 06. Device as a Service Market for Desktop, by Region, 2021-2031 ($Billion)
Table 07. Device as a Service Market for Laptop, Notebook and Tablet, by Region, 2021-2031 ($Billion)
Table 08. Device as a Service Market for Smartphone and Peripheral, by Region, 2021-2031 ($Billion)
Table 09. Global Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 10. Device as a Service Market for Large Enterprises, by Region, 2021-2031 ($Billion)
Table 11. Device as a Service Market for Small and Medium Enterprises, by Region, 2021-2031 ($Billion)
Table 12. Global Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 13. Device as a Service Market for Bfsi, by Region, 2021-2031 ($Billion)
Table 14. Device as a Service Market for It and Telecom, by Region, 2021-2031 ($Billion)
Table 15. Device as a Service Market for Healthcare, by Region, 2021-2031 ($Billion)
Table 16. Device as a Service Market for Retail, by Region, 2021-2031 ($Billion)
Table 17. Device as a Service Market for Education, by Region, 2021-2031 ($Billion)
Table 18. Device as a Service Market for Manufacturing, by Region, 2021-2031 ($Billion)
Table 19. Device as a Service Market for Others, by Region, 2021-2031 ($Billion)
Table 20. Device as a Service Market, by Region, 2021-2031 ($Billion)
Table 21. North America Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 22. North America Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 23. North America Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 24. North America Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 25. North America Device as a Service Market, by Country, 2021-2031 ($Billion)
Table 26. U.S. Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 27. U.S. Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 28. U.S. Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 29. U.S. Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 30. Canada Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 31. Canada Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 32. Canada Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 33. Canada Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 34. Europe Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 35. Europe Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 36. Europe Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 37. Europe Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 38. Europe Device as a Service Market, by Country, 2021-2031 ($Billion)
Table 39. UK Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 40. UK Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 41. UK Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 42. UK Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 43. Germany Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 44. Germany Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 45. Germany Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 46. Germany Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 47. France Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 48. France Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 49. France Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 50. France Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 51. Italy Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 52. Italy Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 53. Italy Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 54. Italy Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 55. Spain Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 56. Spain Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 57. Spain Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 58. Spain Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 59. Rest of Europe Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 60. Rest of Europe Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 61. Rest of Europe Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 62. Rest of Europe Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 63. Asia-Pacific Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 64. Asia-Pacific Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 65. Asia-Pacific Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 66. Asia-Pacific Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 67. Asia-Pacific Device as a Service Market, by Country, 2021-2031 ($Billion)
Table 68. China Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 69. China Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 70. China Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 71. China Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 72. Japan Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 73. Japan Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 74. Japan Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 75. Japan Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 76. India Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 77. India Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 78. India Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 79. India Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 80. Australia Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 81. Australia Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 82. Australia Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 83. Australia Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 84. South Korea Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 85. South Korea Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 86. South Korea Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 87. South Korea Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 88. Rest of Asia-Pacific Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 89. Rest of Asia-Pacific Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 90. Rest of Asia-Pacific Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 91. Rest of Asia-Pacific Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 92. LAMEA Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 93. LAMEA Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 94. LAMEA Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 95. LAMEA Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 96. LAMEA Device as a Service Market, by Country, 2021-2031 ($Billion)
Table 97. Latin America Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 98. Latin America Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 99. Latin America Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 100. Latin America Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 101. Middle East Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 102. Middle East Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 103. Middle East Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 104. Middle East Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 105. Africa Device as a Service Market, by Component, 2021-2031 ($Billion)
Table 106. Africa Device as a Service Market, by Device Type, 2021-2031 ($Billion)
Table 107. Africa Device as a Service Market, by Enterprise Size, 2021-2031 ($Billion)
Table 108. Africa Device as a Service Market, by Industry Vertical, 2021-2031 ($Billion)
Table 109. Accenture: Key Executives
Table 110. Accenture: Company Snapshot
Table 111. Accenture: Service Segments
Table 112. Accenture: Product Portfolio
Table 113. Accenture: Key Stratergies
Table 114. Apple Inc.: Key Executives
Table 115. Apple Inc.: Company Snapshot
Table 116. Apple Inc.: Product Segments
Table 117. Apple Inc.: Product Portfolio
Table 118. Cisco Systems Inc.: Key Executives
Table 119. Cisco Systems Inc.: Company Snapshot
Table 120. Cisco Systems Inc.: Service Segments
Table 121. Cisco Systems Inc.: Product Portfolio
Table 122. Cisco Systems Inc.: Key Stratergies
Table 123. Compucom Systems, Inc. : Key Executives
Table 124. Compucom Systems, Inc. : Company Snapshot
Table 125. Compucom Systems, Inc. : Service Segments
Table 126. Compucom Systems, Inc. : Product Portfolio
Table 127. Compucom Systems, Inc. : Key Stratergies
Table 128. Dell Inc.: Key Executives
Table 129. Dell Inc.: Company Snapshot
Table 130. Dell Inc.: Service Segments
Table 131. Dell Inc.: Product Portfolio
Table 132. Dell Inc.: Key Stratergies
Table 133. Hewlett Packard Enterprise Development Lp: Key Executives
Table 134. Hewlett Packard Enterprise Development Lp: Company Snapshot
Table 135. Hewlett Packard Enterprise Development Lp: Service Segments
Table 136. Hewlett Packard Enterprise Development Lp: Product Portfolio
Table 137. Hewlett Packard Enterprise Development Lp: Key Stratergies
Table 138. Intel Corporation: Key Executives
Table 139. Intel Corporation: Company Snapshot
Table 140. Intel Corporation: Service Segments
Table 141. Intel Corporation: Product Portfolio
Table 142. Lenovo: Key Executives
Table 143. Lenovo: Company Snapshot
Table 144. Lenovo: Service Segments
Table 145. Lenovo: Product Portfolio
Table 146. Lenovo: Key Stratergies
Table 147. Microsoft: Key Executives
Table 148. Microsoft: Company Snapshot
Table 149. Microsoft: Service Segments
Table 150. Microsoft: Product Portfolio
Table 151. Microsoft: Key Stratergies
Table 152. Cognizant: Key Executives
Table 153. Cognizant: Company Snapshot
Table 154. Cognizant: Service Segments
Table 155. Cognizant: Product Portfolio
List of Figures
Figure 01. Device as a Service Market, 2021-2031
Figure 02. Segmentation of Device as a Service Market, 2021-2031
Figure 03. Top Impacting Factors in Device as a Service Market
Figure 04. Top Investment Pockets in Device as a Service Market (2022-2031)
Figure 05. High to Moderate Bargaining Power of Suppliers
Figure 06. High to Moderate Threat of New Entrants
Figure 07. Moderate to High Threat of Substitutes
Figure 08. Moderate to Low Intensity of Rivalry
Figure 09. High to Low Bargaining Power of Buyers
Figure 10. Global Device as a Service Market: Drivers, Restraints and Opportunities
Figure 11. Device as a Service Market, by Component, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Device as a Service Market for Hardware, by Country 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Device as a Service Market for Software, by Country 2021 and 2031 (%)
Figure 14. Comparative Share Analysis of Device as a Service Market for Services, by Country 2021 and 2031 (%)
Figure 15. Device as a Service Market, by Device Type, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Device as a Service Market for Desktop, by Country 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Device as a Service Market for Laptop, Notebook and Tablet, by Country 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Device as a Service Market for Smartphone and Peripheral, by Country 2021 and 2031 (%)
Figure 19. Device as a Service Market, by Enterprise Size, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Device as a Service Market for Large Enterprises, by Country 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of Device as a Service Market for Small and Medium Enterprises, by Country 2021 and 2031 (%)
Figure 22. Device as a Service Market, by Industry Vertical, 2021 and 2031 (%)
Figure 23. Comparative Share Analysis of Device as a Service Market for Bfsi, by Country 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Device as a Service Market for It and Telecom, by Country 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of Device as a Service Market for Healthcare, by Country 2021 and 2031 (%)
Figure 26. Comparative Share Analysis of Device as a Service Market for Retail, by Country 2021 and 2031 (%)
Figure 27. Comparative Share Analysis of Device as a Service Market for Education, by Country 2021 and 2031 (%)
Figure 28. Comparative Share Analysis of Device as a Service Market for Manufacturing, by Country 2021 and 2031 (%)
Figure 29. Comparative Share Analysis of Device as a Service Market for Others, by Country 2021 and 2031 (%)
Figure 30. Device as a Service Market by Region, 2021 and 2031 (%)
Figure 31. U.S. Device as a Service Market, 2021-2031 ($Billion)
Figure 32. Canada Device as a Service Market, 2021-2031 ($Billion)
Figure 33. UK Device as a Service Market, 2021-2031 ($Billion)
Figure 34. Germany Device as a Service Market, 2021-2031 ($Billion)
Figure 35. France Device as a Service Market, 2021-2031 ($Billion)
Figure 36. Italy Device as a Service Market, 2021-2031 ($Billion)
Figure 37. Spain Device as a Service Market, 2021-2031 ($Billion)
Figure 38. Rest of Europe Device as a Service Market, 2021-2031 ($Billion)
Figure 39. China Device as a Service Market, 2021-2031 ($Billion)
Figure 40. Japan Device as a Service Market, 2021-2031 ($Billion)
Figure 41. India Device as a Service Market, 2021-2031 ($Billion)
Figure 42. Australia Device as a Service Market, 2021-2031 ($Billion)
Figure 43. South Korea Device as a Service Market, 2021-2031 ($Billion)
Figure 44. Rest of Asia-Pacific Device as a Service Market, 2021-2031 ($Billion)
Figure 45. Latin America Device as a Service Market, 2021-2031 ($Billion)
Figure 46. Middle East Device as a Service Market, 2021-2031 ($Billion)
Figure 47. Africa Device as a Service Market, 2021-2031 ($Billion)
Figure 48. Top Winning Strategies, by Year (2019-2022)
Figure 49. Top Winning Strategies, by Development (2019-2022)
Figure 50. Top Winning Strategies, by Company (2019-2022)
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap: Device as a Service Market
Figure 54. Top Player Positioning, 2021
Figure 55. Accenture plc: Net Revenue, 2020-2022 ($ Million)
Figure 56. Accenture plc: Revenue Share by Region, 2022 (%)
Figure 57. Accenture plc: Revenue Share by Segment, 2022 (%)
Figure 58. Apple Inc.: Net Revenue, 2020-2022 ($ Million)
Figure 59. Apple Inc.: Revenue Share by Segment, 2022 (%)
Figure 60. Apple Inc.: Revenue Share by Region, 2022 (%)
Figure 61. Cisco Systems, Inc.: Net Revenue, 2020-2022 ($ Million)
Figure 62. Cisco Systems, Inc.: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 63. Cisco Systems, Inc.: Revenue Share by Segment, 2022 (%)
Figure 64. Cisco Systems, Inc.: Revenue Share by Region, 2022 (%)
Figure 65. Dell Inc.: Net Revenue, 2020-2022 ($ Million)
Figure 66. Dell Inc.: Revenue Share by Segment, 2022 (%)
Figure 67. Dell Inc.: Revenue Share by Region, 2022 (%)
Figure 68. Hewlett Packard Enterprise Development Lp: Net Revenue, 2020-2022 ($ Million)
Figure 69. Hewlett Packard Enterprise Development Lp: Revenue Share by Segment, 2022 (%)
Figure 70. Hewlett Packard Enterprise Development Lp: Revenue Share by Region, 2022 (%)
Figure 71. Intel Corporation: Net Revenue, 2020-2022 ($ Million)
Figure 72. Intel Corporation: Research & Development Expenditure, 2020-2022 ($ Million)
Figure 73. Intel Corporation: Revenue Share by Region, 2022 (%)
Figure 74. Lenovo: Net Revenue, 2019-2021 ($ Million)
Figure 75. Lenovo: Revenue Share by Region, 2021 (%)
Figure 76. Lenovo: Revenue Share by Segment, 2021 (%)
Figure 77. Microsoft Corporation: Net Revenue, 2020-2022 ($ Million)
Figure 78. Microsoft Corporation: Revenue Share by Segment, 2022 (%)
Figure 79. Microsoft Corporation: Revenue Share by Region, 2022 (%)
Figure 80. Cognizant: Net Revenue, 2020-2022 ($ Million)
Figure 81. Cognizant: Revenue Share by Segment, 2022 (%)
Figure 82. Cognizant: Revenue Share by Region, 2022 (%)

Executive Summary

According to the report, the device as a service market was valued at $51.73 billion in 2021, and is estimated to reach $1.76 trillion by 2031, growing at a CAGR of 42.6% from 2022 to 2031.

The Device as a Service Market is likely to experience a significant growth rate of 42.6% from 2022-2031 owing to increasing market demand from the IT & Telecom sector and rise in demand for upgraded devices.

Device as a Service (DaaS) model offers PCs, smartphones and other mobile computing devices as a paid service. Device as a service eases the IT needs of a company by outsourcing the hardware, software and device management to an external provider. Subscribing to a provider would allow an organization to update its equipment at the end of the lease period without incurring the costs that would normally be associated with a device refresh.

This model simplifies IT management by outsourcing this role to the device provider, instead of the business. DaaS also helps minimize expenses by shifting the IT budget from a capital expenditure (CapEx) model to an operating expense (OpEx) model with predictable per-user, per-month pricing. Companies using DaaS can quickly scale up or down its devices to quickly serve shifting needs. Thus, organizations have more immediate access to the latest technology without having to make a substantial investment.

The rapid adoption of the subscription-based services model is one of the major growth factors for the market. In addition, increase in adoption of DaaS due to its adaptability, cost savings, and data security is the major growth factor for the device-as-a-service market. However, lack of awareness regarding the benefits offered by the device-as-a-service mode, and the security & data protection risks associated with device-as-a-service are the major factors hampering the growth of the market. On the contrary, the emergence of the wearable-as-a-service (WaaS) model is projected to provide lucrative opportunities for the growth of the market in the upcoming years.

During the pre-COVID-19 phase, the device as a service was majorly in demand from large enterprises. However, in March 2020, with the sudden implementation of the lockdown, there has been rapid growth in the device as a service market. With an increasing number of companies looking at work-from-home options amidst the COVID-19 outbreak, there has been a sudden spike in demand for laptops and other IT hardware devices. The device-as-a-service market has witnessed an increasing demand during the pandemic phase to manage hardware devices such as personal computers (PCs), laptops, desktops, tablets, or mobile phones, and the software that were required to operate in the enterprises so that they can readily available for remote working environments. Furthermore, DaaS had also witnessed demand from SMEs as it provides all the related services under a single contract to a customer with monthly subscription fees, thereby helping enterprises to minimize their IT expenses, particularly for IT hardware infrastructure.

The device-as-a-service market is segmented on the basis of component, device type, enterprise size, industry vertical and region. By component, it is divided into hardware, software, and services. By device type, it is classified into desktop; laptop, notebook and tablet; and smartphone and peripheral. By enterprise size, it is bifurcated into larger enterprises and small & medium enterprises. By industry vertical, it is categorized into BFSI, IT & telecom, healthcare, retail, education, manufacturing, and others. Region wise, it is analyzed across North America (the U.S., and Canada), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The key players profiled in the study include Accenture, Apple Inc., Cisco Systems Inc., Cognizant, CompuCom Systems, Inc., Dell Inc., Hewlett Packard Enterprise Development LP, Intel Corporation, Lenovo, and Microsoft. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and partnership to remain competitive and gain advantage over the competitors in the market. For instance, in April 2021, Lenovo Infrastructure Solutions Group (ISG) and Nutanix announce an as-a-Service solution for hosted desktops to help IT decision-makers thrive in the new remote hybrid workforce model.

Key Market Insights

By component, the hardware segment was the highest revenue contributor to the market, and is estimated to reach $718.78 billion by 2031, with a CAGR of 39.3%. However, the services segment is estimated to be the fastest growing segment with the CAGR of 43.8% during the forecast period.

By device type, the desktop segment was the highest revenue contributor to the market, and is estimated to reach $847.7 billion by 2031, with a CAGR of 40.8%.

By enterprise size, the large enterprise segment was the highest revenue contributor to the market, and is estimated to reach $994.93 billion by 2031, with a CAGR of 40.9%.

By industry vertical, the IT & telecom segment dominated the global market, and is estimated to reach $263.82 billion by 2031, with a CAGR of 35.0%. However, the retail segment is expected to be the fastest growing segment during the device as a service market forecast.

Based on region, North America was the highest revenue contributor, accounting for $19.02 billion in 2021, and is estimated to reach $489.56 billion by 2031, with a CAGR of 38.6%.

Companies Mentioned

  • Microsoft
  • Cisco Systems Inc.
  • Dell Inc.
  • Intel Corporation
  • Apple Inc.
  • Lenovo
  • Cognizant
  • Accenture
  • CompuCom Systems, Inc.
  • Hewlett Packard Enterprise Development LP

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Related Topics

Related Reports

Device-as-a-Service Global Market Report 2024 - Product Image

Device-as-a-Service Global Market Report 2024

  • Report
  • 175 Pages
  • Global
From
Global Hardware-as-a-Service Market by Hardware Model (Desktop as a Service, Device as a Service, Infrastructure as a Service), Enterprise Size (Large Enterprises, Small and Medium Enterprises), Deployment Model, End User - Forecast 2023-2030 - Product Image

Global Hardware-as-a-Service Market by Hardware Model (Desktop as a Service, Device as a Service, Infrastructure as a Service), Enterprise Size (Large Enterprises, Small and Medium Enterprises), Deployment Model, End User - Forecast 2023-2030

  • Report
  • 196 Pages
  • Global
From
Global Device-as-a-Service Market by Offering (Hardware, Services, Software), Device Type (Desktops, Laptops, Notebooks & Tablets, Smartphones & Peripherals), Organization Size, End-User - Forecast 2024-2030 - Product Image

Global Device-as-a-Service Market by Offering (Hardware, Services, Software), Device Type (Desktops, Laptops, Notebooks & Tablets, Smartphones & Peripherals), Organization Size, End-User - Forecast 2024-2030

  • Report
  • 190 Pages
  • Global
From
Device as a Service Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - Product Image

Device as a Service Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F

  • Report
  • 183 Pages
  • Global
From
2024 Global Forecast for the Device-as-a-Service Market (2025-2030 Outlook) - High Tech & Emerging Markets Report - Product Image

2024 Global Forecast for the Device-as-a-Service Market (2025-2030 Outlook) - High Tech & Emerging Markets Report

  • Report
  • 132 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.