| Product Code: ETC13303117 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Device as a Service Market was valued at USD 89.2 Billion in 2024 and is expected to reach USD 267.1 Billion by 2031, growing at a compound annual growth rate of 10.80% during the forecast period (2025-2031).
The Global Device as a Service (DaaS) market is witnessing significant growth driven by the increasing adoption of subscription-based models for managing and maintaining devices across enterprises. DaaS offers businesses a cost-effective and flexible solution by providing hardware, software, and services bundled into a single subscription package. This approach allows organizations to access the latest technology without the upfront costs associated with purchasing and managing devices. Key drivers of the market include the growing demand for managed IT services, the need for efficient device lifecycle management, and the rise of remote work practices. Major players in the market include HP Inc., Dell Technologies, and Lenovo Group, among others. The market is expected to continue expanding as businesses seek to streamline their IT operations and leverage the benefits of as-a-service models.
The Global Device as a Service (DaaS) market is witnessing significant growth due to the increasing adoption of subscription-based models for managing IT hardware. Organizations are shifting towards DaaS to reduce upfront costs, enhance device management efficiency, and ensure regular technology upgrades. Key trends in the market include the rising demand for flexible and scalable IT solutions, the integration of additional services such as device security and support, and the emergence of cloud-based DaaS offerings. Opportunities lie in catering to the growing demand from small and medium-sized businesses, expanding service offerings to include a wider range of devices beyond traditional PCs and laptops, and leveraging data analytics to provide insights for better device management. Overall, the DaaS market is poised for continued expansion as businesses seek cost-effective and streamlined IT solutions.
The Global Device as a Service (DaaS) market faces several challenges, including data security concerns, compatibility issues with existing IT infrastructure, and the need for continuous innovation to stay competitive. Data security is a significant challenge as DaaS involves managing and maintaining a large number of devices, making them vulnerable to cyber threats. Compatibility issues arise when integrating DaaS solutions with legacy systems, leading to disruptions and inefficiencies. Furthermore, the fast-paced nature of technology requires DaaS providers to constantly update and upgrade their offerings to meet evolving customer demands. Overcoming these challenges will require robust cybersecurity measures, seamless integration capabilities, and a commitment to ongoing research and development in the DaaS market.
The Global Device as a Service (DaaS) market is primarily driven by the increasing demand for subscription-based IT solutions, as businesses seek cost-effective and scalable ways to manage their device infrastructure. DaaS offers companies the flexibility to access the latest technology without large upfront investments, while also providing support services such as maintenance and upgrades. Additionally, the trend towards remote work and the need for efficient device management solutions have further propelled the growth of the DaaS market. The shift towards a more sustainable business model, reduced IT complexity, and improved security and compliance are also key drivers influencing the adoption of Device as a Service offerings globally.
Government policies related to the Global Device as a Service Market vary by country but generally focus on promoting innovation, data security, and sustainability. Many governments provide incentives for businesses to adopt DaaS models by offering tax breaks or subsidies for technology investments. Additionally, data protection regulations such as GDPR in the European Union and the California Consumer Privacy Act in the US impact DaaS providers by requiring stringent data handling and privacy measures. Governments also emphasize the importance of sustainability, encouraging companies to consider the environmental impact of their devices and services. Overall, government policies aim to create a favorable regulatory environment for the growth of the DaaS market while ensuring the protection of consumer data and promoting sustainable practices.
The Global Device as a Service (DaaS) market is expected to witness significant growth in the coming years, driven by the increasing demand for flexible and cost-effective IT solutions. Organizations are increasingly looking to DaaS as a way to simplify device management, reduce upfront costs, and improve scalability. The shift towards remote work and the need for efficient technology deployment and maintenance are also contributing to the market`s expansion. Furthermore, the rise of subscription-based models and the growing adoption of cloud services are further fueling the demand for DaaS solutions. As more companies embrace digital transformation and prioritize operational efficiency, the Global DaaS market is poised for steady growth and innovation in the foreseeable future.
In the Global Device as a Service market, Asia Pacific is anticipated to witness significant growth due to the increasing adoption of technology and digital transformation initiatives by businesses in countries like China and India. North America is expected to dominate the market, driven by the presence of key market players and early adoption of DaaS solutions. In Europe, the market is poised for steady growth as organizations prioritize cost-effective IT solutions. The Middle East and Africa region is projected to experience moderate growth, with a focus on enhancing operational efficiency through DaaS offerings. Latin America is also expected to show promising growth opportunities, fueled by the increasing demand for flexible and scalable IT solutions among small and medium-sized enterprises in the region.
Global Device as a Service Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Device as a Service Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Device as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 Global Device as a Service Market - Industry Life Cycle |
3.4 Global Device as a Service Market - Porter's Five Forces |
3.5 Global Device as a Service Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Device as a Service Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.7 Global Device as a Service Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.8 Global Device as a Service Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.9 Global Device as a Service Market Revenues & Volume Share, By Verticals, 2021 & 2031F |
3.10 Global Device as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Global Device as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Device as a Service Market Trends |
6 Global Device as a Service Market, 2021 - 2031 |
6.1 Global Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Device as a Service Market, Revenues & Volume, By Hardware, 2021 - 2031 |
6.1.3 Global Device as a Service Market, Revenues & Volume, By Software, 2021 - 2031 |
6.1.4 Global Device as a Service Market, Revenues & Volume, By Service, 2021 - 2031 |
6.2 Global Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Device as a Service Market, Revenues & Volume, By Desktop, 2021 - 2031 |
6.2.3 Global Device as a Service Market, Revenues & Volume, By Laptop, Notebook and Tablet, 2021 - 2031 |
6.2.4 Global Device as a Service Market, Revenues & Volume, By Smartphone and Peripheral, 2021 - 2031 |
6.3 Global Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Device as a Service Market, Revenues & Volume, By Desktop, 2021 - 2031 |
6.3.3 Global Device as a Service Market, Revenues & Volume, By Laptop, 2021 - 2031 |
6.3.4 Global Device as a Service Market, Revenues & Volume, By Printers, 2021 - 2031 |
6.3.5 Global Device as a Service Market, Revenues & Volume, By Solutions, 2021 - 2031 |
6.3.6 Global Device as a Service Market, Revenues & Volume, By Professional Services, 2021 - 2031 |
6.3.7 Global Device as a Service Market, Revenues & Volume, By Managed Services, 2021 - 2031 |
6.4 Global Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Device as a Service Market, Revenues & Volume, By IT & Telecom, 2021 - 2031 |
6.4.3 Global Device as a Service Market, Revenues & Volume, By BFSI, 2021 - 2031 |
6.4.4 Global Device as a Service Market, Revenues & Volume, By Healthcare, 2021 - 2031 |
6.4.5 Global Device as a Service Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.4.6 Global Device as a Service Market, Revenues & Volume, By Government, 2021 - 2031 |
6.4.7 Global Device as a Service Market, Revenues & Volume, By Education, 2021 - 2031 |
6.4.8 Global Device as a Service Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
6.4.9 Global Device as a Service Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Device as a Service Market, Revenues & Volume, By Large Enterprise, 2021 - 2031 |
6.5.3 Global Device as a Service Market, Revenues & Volume, By SMEs, 2021 - 2031 |
7 North America Device as a Service Market, Overview & Analysis |
7.1 North America Device as a Service Market Revenues & Volume, 2021 - 2031 |
7.2 North America Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Device as a Service Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Device as a Service Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Device as a Service Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
7.4 North America Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
7.5 North America Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
7.6 North America Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
7.7 North America Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
8 Latin America (LATAM) Device as a Service Market, Overview & Analysis |
8.1 Latin America (LATAM) Device as a Service Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Device as a Service Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Device as a Service Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Device as a Service Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Device as a Service Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
8.4 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
8.5 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
8.6 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
8.7 Latin America (LATAM) Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
9 Asia Device as a Service Market, Overview & Analysis |
9.1 Asia Device as a Service Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Device as a Service Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Device as a Service Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Device as a Service Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Device as a Service Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
9.4 Asia Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
9.5 Asia Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
9.6 Asia Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
9.7 Asia Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
10 Africa Device as a Service Market, Overview & Analysis |
10.1 Africa Device as a Service Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Device as a Service Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Device as a Service Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Device as a Service Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Device as a Service Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
10.4 Africa Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
10.5 Africa Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
10.6 Africa Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
10.7 Africa Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
11 Europe Device as a Service Market, Overview & Analysis |
11.1 Europe Device as a Service Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Device as a Service Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Device as a Service Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Device as a Service Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Device as a Service Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
11.4 Europe Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
11.5 Europe Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
11.6 Europe Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
11.7 Europe Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
12 Middle East Device as a Service Market, Overview & Analysis |
12.1 Middle East Device as a Service Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Device as a Service Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Device as a Service Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Device as a Service Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Device as a Service Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Device as a Service Market, Revenues & Volume, By Offering, 2021 - 2031 |
12.4 Middle East Device as a Service Market, Revenues & Volume, By Device Type, 2021 - 2031 |
12.5 Middle East Device as a Service Market, Revenues & Volume, By Component, 2021 - 2031 |
12.6 Middle East Device as a Service Market, Revenues & Volume, By Verticals, 2021 - 2031 |
12.7 Middle East Device as a Service Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
13 Global Device as a Service Market Key Performance Indicators |
14 Global Device as a Service Market - Export/Import By Countries Assessment |
15 Global Device as a Service Market - Opportunity Assessment |
15.1 Global Device as a Service Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Device as a Service Market Opportunity Assessment, By Offering, 2021 & 2031F |
15.3 Global Device as a Service Market Opportunity Assessment, By Device Type, 2021 & 2031F |
15.4 Global Device as a Service Market Opportunity Assessment, By Component, 2021 & 2031F |
15.5 Global Device as a Service Market Opportunity Assessment, By Verticals, 2021 & 2031F |
15.6 Global Device as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
16 Global Device as a Service Market - Competitive Landscape |
16.1 Global Device as a Service Market Revenue Share, By Companies, 2024 |
16.2 Global Device as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |