NEW YORK, July 3, 2023 /PRNewswire/ -- The device as a service market size is set to grow by USD 249,546.27 million between 2022 and 2027 and register a CAGR of 31.07%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses in obtaining growth opportunities. Read Sample Report
The report also covers the following areas:
- Device as a Service Market size
- Device as a Service Market trends
- Device as a Service Market industry analysis
Device as a Service Market 2023-2027: Segmentation
- Device
- Desktops
- Laptops
- Tablets
- Others
- Component
- Hardware
- Software
- Services
- Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The market share growth in the desktops segment will be significant during the forecast period. Adopting options like desktop-as-a-service solutions can offer significant time and cost savings for companies. By transitioning to the cloud, organizations can streamline their IT infrastructure and realize cost efficiencies. For instance, using cloud-based solutions like Citrix Desktops-as-a-Service enables companies to efficiently manage their existing on-premises resources alongside cloud desktops, without incurring additional infrastructure expenses. Moreover, Desktop as a Service enhances security by storing data in secure data centers. The numerous advantages of desktop-as-a-service solutions include enhanced employee flexibility and improved security measures.
Device as a Service Market 2023-2027: Vendor Analysis and Scope
Some of the major vendors of the device as a service market include Accenture Plc, Acer Inc., Amazon.com Inc., Apple Inc., Atea ASA, CHG MERIDIAN AG, Cisco Systems Inc., Citrix Systems Inc., CompuCom Systems Inc., Computacenter plc, Dell Technologies Inc., Foxway, HP Inc., Intel Corp., Lenovo Group Ltd., Microsoft Corp., PC Connection Inc., Probrand Ltd., Stefanini Group, and Total IT Global. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market.
Vendor Offering
- Accenture Plc - The company's device as a service (DaaS) offerings support enterprise transformation, enabling customers to adopt platform-based business models to unlock new growth avenues and create new value in a service-oriented economy.
- Amazon.com Inc. - The company offers Device as a Service solutions such as Echo, Echo Show, and Echo Dot.
- Apple Inc. - The company offers Device as Service solutions such as Mac, iPad, iPhone, and Apple TV.
Device as a Service Market 2023-2027: Market Dynamics
Key Drivers
Increased adoption of the bring-your-own-device (BYOD) concept is notably driving the market. Enterprise mobility is gaining popularity in the business world as employees increasingly use smartphones, tablets, and laptop computers at work. To provide a technologically secure and productive work environment, BYOD requires a unique management and service delivery architecture. The primary goal of the organization is to provide employees with appropriate mobile devices. The BYOD policy is intended to give businesses cost-effective solutions, better employee mobility, and increased productivity. BYOD assists organizations in lowering IT costs by lowering capital expenditures and increasing efficiency. Hence the adoption of BYOD is expected to drive market growth during the forecast period.
Major Trends
The growing demand for work flexibility is a major trend in the market. Organizations must efficiently manage their staff to boost productivity and satisfaction with work. As a result, it uses a variety of working models, including a hybrid approach. A hybrid work model is a flexible work approach that allows employees to work in the office, remotely, or on the go. Employees are more productive since they can work where and how they choose. Switching to a hybrid working model provides numerous advantages for individuals, businesses, and the environment. Employee flexibility, productivity, and job satisfaction improve as a result. It lowers the cost of renting and maintaining office space for businesses while also expanding the talent pool. The growing demand for work flexibility has led to an increase in the use of devices as a service.
Significant Challenges
Issues associated with system integration are challenging market growth. Integrating new software systems with existing IT infrastructure can pose challenges for companies. There are several key issues associated with system integration, including data transfer time. When using a device as a service solution, transferring large volumes of data to the user's device can be time-consuming. Another challenge is that device-as-a-service solutions may have limitations on the number of tools that can be used. As a result, users may choose to utilize tools provided by the device as a service platform or compatible tools to ensure smooth integration of service.
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- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
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Device as a Service Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist device as a service market growth during the next five years
- Estimation of the device as a service market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the device as a service market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of device as a service market vendors
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Device As a Service Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 31.07% |
Market growth 2023-2027 |
USD 249,546.27 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
28.78 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Accenture Plc, Acer Inc., Amazon.com Inc., Apple Inc., Atea ASA, CHG MERIDIAN AG, Cisco Systems Inc., Citrix Systems Inc., CompuCom Systems Inc., Computacenter plc, Dell Technologies Inc., Foxway, HP Inc., Intel Corp., Lenovo Group Ltd., Microsoft Corp., PC Connection Inc., Probrand Ltd., Stefanini Group, and Total IT Global |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Device
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global device as a service market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global device as a service market 2017 - 2021 ($ million)
- 4.2 Device Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Device Segment 2017 - 2021 ($ million)
- 4.3 Component Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Device
- 6.1 Market segments
- Exhibit 30: Chart on Device - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Device - Market share 2022-2027 (%)
- 6.2 Comparison by Device
- Exhibit 32: Chart on Comparison by Device
- Exhibit 33: Data Table on Comparison by Device
- 6.3 Desktops - Market size and forecast 2022-2027
- Exhibit 34: Chart on Desktops - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Desktops - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Desktops - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Desktops - Year-over-year growth 2022-2027 (%)
- 6.4 Laptops - Market size and forecast 2022-2027
- Exhibit 38: Chart on Laptops - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Laptops - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Laptops - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Laptops - Year-over-year growth 2022-2027 (%)
- 6.5 Tablets - Market size and forecast 2022-2027
- Exhibit 42: Chart on Tablets - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Tablets - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Tablets - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Tablets - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Device
- Exhibit 50: Market opportunity by Device ($ million)
- Exhibit 51: Data Table on Market opportunity by Device ($ million)
7 Market Segmentation by Component
- 7.1 Market segments
- Exhibit 52: Chart on Component - Market share 2022-2027 (%)
- Exhibit 53: Data Table on Component - Market share 2022-2027 (%)
- 7.2 Comparison by Component
- Exhibit 54: Chart on Comparison by Component
- Exhibit 55: Data Table on Comparison by Component
- 7.3 Hardware - Market size and forecast 2022-2027
- Exhibit 56: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Hardware - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
- 7.4 Software - Market size and forecast 2022-2027
- Exhibit 60: Chart on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Software - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Software - Year-over-year growth 2022-2027 (%)
- 7.5 Services - Market size and forecast 2022-2027
- Exhibit 64: Chart on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Services - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Component
- Exhibit 68: Market opportunity by Component ($ million)
- Exhibit 69: Data Table on Market opportunity by Component ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Accenture Plc
- Exhibit 123: Accenture Plc - Overview
- Exhibit 124: Accenture Plc - Business segments
- Exhibit 125: Accenture Plc - Key offerings
- Exhibit 126: Accenture Plc - Segment focus
- 12.4 Acer Inc.
- Exhibit 127: Acer Inc. - Overview
- Exhibit 128: Acer Inc. - Business segments
- Exhibit 129: Acer Inc. - Key news
- Exhibit 130: Acer Inc. - Key offerings
- Exhibit 131: Acer Inc. - Segment focus
- 12.5 Amazon.com Inc.
- Exhibit 132: Amazon.com Inc. - Overview
- Exhibit 133: Amazon.com Inc. - Business segments
- Exhibit 134: Amazon.com Inc. - Key news
- Exhibit 135: Amazon.com Inc. - Key offerings
- Exhibit 136: Amazon.com Inc. - Segment focus
- 12.6 Apple Inc.
- Exhibit 137: Apple Inc. - Overview
- Exhibit 138: Apple Inc. - Business segments
- Exhibit 139: Apple Inc. - Key news
- Exhibit 140: Apple Inc. - Key offerings
- Exhibit 141: Apple Inc. - Segment focus
- 12.7 Cisco Systems Inc.
- Exhibit 142: Cisco Systems Inc. - Overview
- Exhibit 143: Cisco Systems Inc. - Business segments
- Exhibit 144: Cisco Systems Inc. - Key news
- Exhibit 145: Cisco Systems Inc. - Key offerings
- Exhibit 146: Cisco Systems Inc. - Segment focus
- 12.8 Citrix Systems Inc.
- Exhibit 147: Citrix Systems Inc. - Overview
- Exhibit 148: Citrix Systems Inc. - Product / Service
- Exhibit 149: Citrix Systems Inc. - Key offerings
- 12.9 CompuCom Systems Inc.
- Exhibit 150: CompuCom Systems Inc. - Overview
- Exhibit 151: CompuCom Systems Inc. - Product / Service
- Exhibit 152: CompuCom Systems Inc. - Key offerings
- 12.10 Dell Technologies Inc.
- Exhibit 153: Dell Technologies Inc. - Overview
- Exhibit 154: Dell Technologies Inc. - Business segments
- Exhibit 155: Dell Technologies Inc. - Key offerings
- Exhibit 156: Dell Technologies Inc. - Segment focus
- 12.11 Foxway
- Exhibit 157: Foxway - Overview
- Exhibit 158: Foxway - Product / Service
- Exhibit 159: Foxway - Key news
- Exhibit 160: Foxway - Key offerings
- 12.12 HP Inc.
- Exhibit 161: HP Inc. - Overview
- Exhibit 162: HP Inc. - Business segments
- Exhibit 163: HP Inc. - Key news
- Exhibit 164: HP Inc. - Key offerings
- Exhibit 165: HP Inc. - Segment focus
- 12.13 Intel Corp.
- Exhibit 166: Intel Corp. - Overview
- Exhibit 167: Intel Corp. - Business segments
- Exhibit 168: Intel Corp. - Key news
- Exhibit 169: Intel Corp. - Key offerings
- Exhibit 170: Intel Corp. - Segment focus
- 12.14 Lenovo Group Ltd.
- Exhibit 171: Lenovo Group Ltd. - Overview
- Exhibit 172: Lenovo Group Ltd. - Business segments
- Exhibit 173: Lenovo Group Ltd. - Key offerings
- Exhibit 174: Lenovo Group Ltd. - Segment focus
- 12.15 Microsoft Corp.
- Exhibit 175: Microsoft Corp. - Overview
- Exhibit 176: Microsoft Corp. - Business segments
- Exhibit 177: Microsoft Corp. - Key news
- Exhibit 178: Microsoft Corp. - Key offerings
- Exhibit 179: Microsoft Corp. - Segment focus
- 12.16 PC Connection Inc.
- Exhibit 180: PC Connection Inc. - Overview
- Exhibit 181: PC Connection Inc. - Business segments
- Exhibit 182: PC Connection Inc. - Key offerings
- Exhibit 183: PC Connection Inc. - Segment focus
- 12.17 Total IT Global
- Exhibit 184: Total IT Global - Overview
- Exhibit 185: Total IT Global - Product / Service
- Exhibit 186: Total IT Global - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 187: Inclusions checklist
- Exhibit 188: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 189: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 190: Research methodology
- Exhibit 191: Validation techniques employed for market sizing
- Exhibit 192: Information sources
- 13.5 List of abbreviations
- Exhibit 193: List of abbreviations
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