Product Code: ETC4446088 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore device-as-a-service (DaaS) market is rapidly evolving as businesses seek more flexible and cost-effective ways to manage their IT hardware. DaaS models provide organizations with the convenience of acquiring and managing devices such as laptops, tablets, and smartphones as a subscription service. This approach minimizes the upfront capital investment and ensures that businesses have access to the latest technology. The Singapore market for DaaS is driven by the growing adoption of remote work and the need for scalable and adaptable IT solutions.
The Device as a Service market in Singapore is driven by the need for cost-effective, scalable, and hassle-free device management. This service model offers businesses a simplified way to acquire, manage, and refresh their IT devices, from laptops to smartphones. The growing trend of remote work and the desire to streamline device procurement and maintenance contribute to the adoption of Device as a Service, enhancing overall operational efficiency.
The Singapore Device as a Service Market faces challenges related to the demand for up-to-date and diverse devices across various industries. Meeting the varied hardware and software needs of businesses while ensuring cost-effectiveness is a significant challenge. Furthermore, ensuring secure data management and device lifecycle management is essential for successful implementation of DaaS solutions.
The device as a service (DaaS) market in Singapore has been on the rise, offering businesses a convenient and cost-effective way to manage their technology infrastructure. The COVID-19 pandemic had a significant impact on this market. With remote work becoming the norm, there was an increased demand for DaaS solutions to support distributed workforces. The pandemic accelerated the adoption of DaaS, as companies sought flexible and scalable technology solutions to meet changing needs. As Singapore transitions to a hybrid work environment, the DaaS market is expected to continue growing as organizations embrace these services for their IT needs.
Prominent companies such as HP Inc., Dell Technologies, and Lenovo Group Limited were instrumental in the growth of the Singapore device as a service market. These industry leaders provided end-to-end solutions for businesses and organizations, offering a range of devices and services under a single subscription model. Their comprehensive offerings, including hardware, software, and support, allowed customers to streamline their IT procurement and management processes.
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 Singapore Device-as-a-Service Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Device-as-a-Service Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Device-as-a-Service Market - Industry Life Cycle |
3.4 Singapore Device-as-a-Service Market - Porter's Five Forces |
3.5 Singapore Device-as-a-Service Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Singapore Device-as-a-Service Market Revenues & Volume Share, By End User , 2021 & 2031F |
3.7 Singapore Device-as-a-Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 Singapore Device-as-a-Service Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Singapore Device-as-a-Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for subscription-based services in Singapore |
4.2.2 Growing emphasis on cost efficiency and flexibility in device procurement |
4.2.3 Rise in adoption of cloud computing services in the country |
4.3 Market Restraints |
4.3.1 Security concerns related to data privacy and protection |
4.3.2 Limited awareness and understanding of device-as-a-service offerings among businesses in Singapore |
5 Singapore Device-as-a-Service Market Trends |
6 Singapore Device-as-a-Service Market, By Types |
6.1 Singapore Device-as-a-Service Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Device-as-a-Service Market Revenues & Volume, By Device Type, 2021-2031F |
6.1.3 Singapore Device-as-a-Service Market Revenues & Volume, By Desktops, 2021-2031F |
6.1.4 Singapore Device-as-a-Service Market Revenues & Volume, By Laptops, Notebooks and Tablets, 2021-2031F |
6.1.5 Singapore Device-as-a-Service Market Revenues & Volume, By Smartphones and Peripherals, 2021-2031F |
6.2 Singapore Device-as-a-Service Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Singapore Device-as-a-Service Market Revenues & Volume, By IT & Telecommunications, 2021-2031F |
6.2.3 Singapore Device-as-a-Service Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.2.4 Singapore Device-as-a-Service Market Revenues & Volume, By Educational Institutions, 2021-2031F |
6.2.5 Singapore Device-as-a-Service Market Revenues & Volume, By Banking, Financial Services and Insurance (BFSI), 2021-2031F |
6.2.6 Singapore Device-as-a-Service Market Revenues & Volume, By Public Sector and Government Offices, 2021-2031F |
6.2.7 Singapore Device-as-a-Service Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Device-as-a-Service Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Singapore Device-as-a-Service Market Revenues & Volume, By Small and Medium-sized Enterprises, 2021-2031F |
6.3.3 Singapore Device-as-a-Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4 Singapore Device-as-a-Service Market, By Offering |
6.4.1 Overview and Analysis |
6.4.2 Singapore Device-as-a-Service Market Revenues & Volume, By Hardware, 2021-2031F |
6.4.3 Singapore Device-as-a-Service Market Revenues & Volume, By Software, 2021-2031F |
6.4.4 Singapore Device-as-a-Service Market Revenues & Volume, By Services, 2021-2031F |
7 Singapore Device-as-a-Service Market Import-Export Trade Statistics |
7.1 Singapore Device-as-a-Service Market Export to Major Countries |
7.2 Singapore Device-as-a-Service Market Imports from Major Countries |
8 Singapore Device-as-a-Service Market Key Performance Indicators |
8.1 Average subscription renewal rate |
8.2 Percentage of devices under management compared to total devices in use |
8.3 Average time taken to deploy new devices on the platform |
8.4 Customer satisfaction scores related to device performance and service quality |
8.5 Adoption rate of value-added services within the device-as-a-service package |
9 Singapore Device-as-a-Service Market - Opportunity Assessment |
9.1 Singapore Device-as-a-Service Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Singapore Device-as-a-Service Market Opportunity Assessment, By End User , 2021 & 2031F |
9.3 Singapore Device-as-a-Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 Singapore Device-as-a-Service Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Singapore Device-as-a-Service Market - Competitive Landscape |
10.1 Singapore Device-as-a-Service Market Revenue Share, By Companies, 2024 |
10.2 Singapore Device-as-a-Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |