Device-as-a-Service Market Report 2026

The device-as-a-service market size has grown exponentially in recent years. It will grow from $199 billion in 2025 to $266.51 billion in 2026 at a compound annual growth rate (CAGR) of 33.9%. The growth in the historic period can be attributed to high upfront device procurement costs, increasing enterprise it asset complexity, growth of managed it services adoption, need for predictable it budgeting, expansion of mobile and remote workforce.

The device-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $866.03 billion in 2030 at a compound annual growth rate (CAGR) of 34.3%. The growth in the forecast period can be attributed to rising adoption of hybrid work models, increasing focus on opex based it spending, demand for scalable endpoint security, growth of circular economy initiatives in it hardware, increasing need for rapid device deployment. Major trends in the forecast period include subscription based device lifecycle management, integrated hardware software and it services, remote device provisioning and management, predictive maintenance and analytics, flexible device refresh and upgrade models.

The rising trend of remote work is anticipated to contribute to the growth of the device-as-a-service market in the foreseeable future. Remote work, also known as telecommuting or telework, involves performing work activities and tasks outside the traditional office setting. Device-as-a-Service enhances the remote work experience by addressing the specific challenges of managing a dispersed workforce and ensuring that employees have the tools and support necessary for productivity and security. For instance, as of March 2023, according to GoRemotely, a US-based staffing and recruiting firm, approximately 2.7 million healthcare professionals, or 17% of the 16 million in the industry, had jobs that allowed them to work from home. Other sectors with a notable share of remote workers include education (9%), retail (8%), and manufacturing (7%). Thus, the increasing trend of remote work is propelling the device-as-a-service market.

Major companies in the device-as-a-service market are embracing sustainability and collaboration for their service distribution. Strategic collaboration and sustainability involve working together toward shared goals while considering the long-term environmental and social impacts of their actions. For example, in April 2024, NTT DATA, a Japan-based technology services firm, partnered with HP (Hewlett-Packard), a US-based technology company, to launch a Sustainable Device-as-a-Service solution that integrates sustainability and the circular economy into end-to-end device lifecycle management. This solution allows organizations to incorporate and implement sustainability throughout the lifecycle of endpoint devices. It is part of NTT DATA’s comprehensive approach to assist organizations in accelerating their journey toward Net Zero targets and beyond.

In July 2024, Deel Inc., a US-based provider of payroll, HR, and compliance services, acquired Hofy Ltd. for an undisclosed amount. With this acquisition, Deel intends to broaden its platform to offer comprehensive IT device lifecycle management for remote and global employees, incorporating Hofy’s provisioning, repair, replacement, and offboarding services. Hofy Ltd. is a UK-based company that delivers IT device supply and complete lifecycle management services for remote workers.

Major companies operating in the device-as-a-service market are Apple Inc.; Dell Inc.; Lenovo Group Limited; HP Development Company L.P.; Microsoft Corporation; Samsung; Cisco Systems Inc.; Accenture plc; Capgemini; Cognizant; DXC Technology; Vmware Inc.; Swisscom AG; Telia Company AB; Computacenter plc.; Atea Global Services Ltd.; CompuCom Systems Inc.; Yorktel; EMPIST; Portsmouth Computer Group; Sunstate Technology Group; Trust Technology Solutions; Insight Enterprises Inc.; Atos; Fujitsu.

North America was the largest region in the device-as-a-service market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the device-as-a-service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the device as a service market by increasing the cost of imported end user devices such as laptops, desktops, and peripherals bundled within service contracts. These higher costs have influenced pricing structures and contract margins, particularly for hardware intensive offerings and multinational deployments. Regions with strong reliance on cross border manufacturing, including asia pacific and parts of europe, have experienced greater supply chain adjustments. In response, providers are shifting toward local sourcing, refurbishment programs, and longer device lifecycle strategies. In some cases, tariffs have encouraged regional manufacturing and supported sustainable device reuse models.

The device-as-a-service market research report is one of a series of new reports that provides device-as-a-service market statistics, including device-as-a-service industry global market size, regional shares, competitors with a device-as-a-service market share, detailed device-as-a-service market segments, market trends and opportunities, and any further data you may need to thrive in the device-as-a-service industry. This device-as-a-service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Device as a Service (DaaS) is a subscription-based model that provides businesses with a comprehensive offering of end-user devices and managed IT support bundled together. By opting for DaaS, businesses can sidestep the initial upfront costs associated with purchasing and maintaining devices, allowing them to concentrate on their primary business functions.

The primary devices included in Device as a Service encompass desktops, laptops, notebooks, tablets, smartphones, and peripherals. Desktops are personal computers designed for use on a desk or in a fixed location, typically comprising a separate computer tower or central processing unit (CPU) and a distinct monitor. This service provides a holistic package, incorporating hardware, software, and services, catering to both small and medium enterprises as well as large enterprises. DaaS finds application across various industry verticals, including banking, financial services, and insurance (BFSI), educational institutions, healthcare and life sciences, IT and telecommunications, public sector and government offices, among others.

The device-as-a-service market consists of revenues earned by entities by providing device-as-a-service services such as device procurement, device deployment, device maintenance and updates, device repairs and replacements, and data security and protection services. The market value includes the value of related goods sold by the service provider or included within the service offering. The device-as-a-service market also includes sales of printers and multifunction devices, networking equipment, monitors and displays, specialty devices, and accessories which are used in providing device-as-a-service services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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