The global device as a Service (DAAS) market is growing at a considerable CAGR of 7.0% during the forecast period. Increasing demand related to virtual solutions and services, rising cloud computing services adoption is considered as the prime factors affecting and driving the market. Additionally, the rising focus associated with decreasing total cost of ownership along with growing IT efficiency is also estimated to be the key factor that is contributing significantly towards the growth of the market. However, a lack of awareness related to device-as-a-service mode and potential cyber-threat is the major factor constraints that are hindering the growth of the global device as a Service (DAAS) market across the globe.
Moreover, increasing benefits from the adoption of the Internet of Things (IoT) is one of the key factors that is creating opportunities in the market. New product launches in the market are likely to drive the growth of the global device as a Service (DAAS) market. For instance, in August 2020, CompuCom Systems, Inc. along with Office Depot had introduced a portfolio of IT hardware along with services solutions for businesses of small and medium type with the name “powered by CompuCom”. This would have a wide collection of easy-to-use and scalable technologies needed for small and medium businesses in order to support a digital workplace.
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The global device as a service (DAAS) market is segmented based on type, organization size, and end-user. Based on type, the market is segmented into hardware, software, and services. By organization size, the market is segmented into small and medium-sized enterprises and large enterprises. Further, based on end-user the market is segmented into IT & telecommunications, healthcare, and life sciences, educational institutions, banking, financial services and insurance (BFSI), and other (government).
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Global Device as a Service (DAAS) Market Segmentation
By Type
- Hardware
- Software
- Services
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)
- Other (Government)
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- 3stepIT
- Amazon Web Services, Inc.
- Apple Inc.
- Atea Global Services Ltd.
- CHG-MERIDIAN
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- Cloudalize
- CompuCom Systems, Inc.
- Dell Inc.
- Econocom
- GRENKE
- HP Development Co., L.P.
- Lenovo
- Microsoft
- Telia Co. AB
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