Device as a service market size to grow by USD 249,546.27 million from 2022 to 2027; The Increased adoption of the bring-your-own-device (BYOD) concept to drive market growth - Technavio
NEW YORK, May 29, 2023 /PRNewswire/ -- The device as a service market size is expected to increase by USD 249,546.27 million from 2022 to 2027, registering a CAGR of 31.07%, according to the latest research report from Technavio. Discover IT Consulting & Other Services industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!
The device as a service market covers the following areas:
The competition among vendors in the global device as a service is moderate. The substantial increase in the demand for flexible workforce solutions will Increase the demand for device-as-a-service solutions. Vendors develop customized device-as-a-service solutions to increase their market share. The device as a service market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Key Market Segmentation
This device as a service market report extensively covers market segmentation by device (desktops, laptops, tablets, and others), component (hardware, software, and services), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
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Regional Market Outlook
North America is estimated to account for 31% of the market growth during the forecast period. The region is anticipated to contribute significantly to the revenue of the market. A major reason for the growing demand for device-as-a-service solutions in the US is the growing demand for on-premises data center management and cloud computing services. Additionally, the flexibility of the device as a service solution makes it suitable for workloads that are transient, experimental in nature, or subject to unexpected change. Moreover, the high demand for virtual apps and desktops among employees of various organizations in this region will drive the growth of the market during the forecast period. Hence, such factors drive growth in the regional market during the forecast period.
For more key highlights on the regional market share of most of the above-mentioned countries.- View Sample Report
Device as a service market - Market Dynamics
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Device
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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