Device-as-a-Service Market Trends, Opportunity and Forecast -2030
Device-as-a-Service Market size was valued at US$ 130.04 Billion in 2023 and the total Device-as-a-Service revenue is expected to grow at 37.8% through 2024 to 2030, reaching nearly US$ 1226.95 Billion.
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Device-as-a-Service Market overivew
Based on market research, the worldwide Device-as-a-Service market is projected to experience substantial growth in the forecasted period. The report encompasses insights into the factors driving growth, significant obstacles, upcoming challenges, and existing opportunities within the global Device-as-a-Service market. Additionally, the report provides detailed analyses of dynamics and Device-as-a-Service market size on a regional and segmental basis.
Device-as-a-Service market size was valued at US$ 130.04 Billion in 2023 and the total Device-as-a-Service revenue is expected to grow at 37.8% through 2024 to 2030, reaching nearly US$ 1226.95 Billion.
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Device-as-a-Service Market Report Scope and Research Methodology
The analyst has primarily focused on crucial market trends and their potential impact on new business investments and advancements within the Device-as-a-Service industry. These trends encompass emerging technologies, evolving regulations, government investments, novel applications, international market entries, and other industry dynamics that shape the market landscape. This study offers an in-depth trend analysis, aiding clients in making strategic decisions to enhance their presence within the Device-as-a-Service market.
Stellar Market Research furnishes exclusive essential statistics, facts, insights, trends, and competitive landscape details specific to this domain. The report evaluates the present state of the Device-as-a-Service market and projects its trajectory up to 2029. It also includes profiles of key companies, covering aspects like capacity, production, pricing, costs, revenue, and contact information for prominent global Device-as-a-Service manufacturers. The approach employed to estimate both global and regional Device-as-a-Service market sizes is a bottom-up methodology.
Device-as-a-Service Market Regional Insights
The report includes a detailed analysis of market dynamics, market size and market share in all the regions and their countries mentioned below:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
Device-as-a-Service Market Segmentation
In terms of end users, the IT & Telecom segment dominated the Device-as-a-Service Market in 2023. It is projected to expand at the highest CAGR of 15.8% throughout the aforementioned forecast period.
Access to safe, dependable, and high-performance IT equipment is vital to the operations of the IT and telecommunications sectors; as a result, this group generates the greatest demand for IT devices such as laptops and smartphones. Furthermore, the demand for regular device and hardware upgrades is growing in this industry, contributing to the continuous expansion of device-as-a-service.
Device-as-a-service provides frequent hardware and system upgrades and servicing, allowing organizations to reduce IT obligations while avoiding technological stagnation, resulting in increased productivity. Adopting device-as-a-service in the IT and telecoms sector helps organizations reduce IT expenses by giving Fair costs for leasing devices, reducing delays, and efficiently managing gadgets by providing application security services.
by Offering
Hardware
Software
Services
by Device Type
Desktops
Laptops, Notebooks, and Tablets
Smartphones and Peripherals
by Organization Size
Small and Medium-sized Enterprises
Large Enterprises
by End-User
IT & Telecommunications
Healthcare and Life Sciences
Educational Institutions
Banking, Financial Services and Insurance (BFSI)
Public Sector and Government Offices
Other
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Device-as-a-Service Market Key Players include:
- Dell Technologies (US)
- Microsoft (US)
- Cisco (US)
- CompuCom(US)
- 3stepIT (Finland)
- Telia Company (Sweden)
- Atea Global Services (Latvia)
- CHG MERIDIAN (Germany)
- CSi leasing (US)
- Computacenter (UK)
- Econocom (France)
- GreenFlex (France)
- GRENKE (Germany)
- Excellence IT (UK)
- Foxway (Sweden)
- Apple (US)
Key Questions answered in the Device-as-a-Service Market Report are:
- What is Device-as-a-Service Market?
- What was the global Device-as-a-Service market size in 2023?
- What is the expected CAGR of the Device-as-a-Service market during the forecast period?
- What is the expected Device-as-a-Service market size by 2030?
- What factors are affecting the Device-as-a-Service market growth?
- Which region held the largest share of the global Device-as-a-Service market?
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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