Device as a Service (DaaS) Market Overview
The device as a service (DaaS) market is anticipated to witness healthy growth from 2020 - 2027, a research report suggests. Growing at a CAGR of 55.8%, the market is projected to reach US$190,163.86 million by 2027. Reducing CAPEX and OPEX in enterprises is expected to support the market growth along with the need for disseminating software upgrades. As predicted by analysts, adoption of BYOD and CYOD will negatively affect the market’s performance from 2020 - 2027. During the forecast period, the market will be supported by elimination of device purchases and adoption of IoT.
Customers choosing their own models on the other hand will challenge computing technologies sector based organizations functioning in the global device as a service (DaaS) market. Analysts have split the market into verticals, components, and organizations segments based on products and services. Computing technologies based companies have been profiled. The lack of skilled human resources is set to affect the global market during the forecast period 2020 - 2027. The report also provides the market’s performance forecasts till 2027. Strategies of computing technologies based companies are studied. The computing technologies sector itself is supported by the penetration of IoT in large enterprises as well as high demand across industry verticals. During the forecast period 2020 - 2027, the device as a service (DaaS) market is set to witness a health growth across verticals, components, and organizations segments as well as regional markets.
Device as a Service (DaaS) Market Competitive Landscape
The global device as a service (DaaS) market research report brings a comprehensive study of verticals, components, and organizations market segments, regional analysis, and computing technologies vertical based company details of key players. As the forecast period 2020 - 2027 will bring new opportunities for the market owing to advancements in technology and increasing awareness levels, the market is set to grow at a compound annual growth rate of 55.8% and is predicted to reach a value of US$190,163.86 million by 2027. With SWOT analysis of computing technologies sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the shifting preference for cheaper alternatives and the increasing demand for highly skilled professionals, companies in the computing technologies sector can change the way business is done.
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List of Key Companies Covered in this Report
- Microsoft (U.S.)
- Apple Inc. (U.S.)
- Dell Inc. (U.S.)
- Capgemini (France)
- Amazon Web Services Inc. (U.S.)
- HP Development Company L.P. (U.S.)
- CompuCom Systems Inc. (U.S.) And so on...
Device as a Service (DaaS) Market Segmentation
The computing technologies sector has seen growth across verticals, components, and organizations segments owing to the growing urbanization and consumers aiming for more convenience. To study the market, analysts have further segmented verticals, components, and organizations into BFSI, healthcare, manufacturing, retail, it & telecommunication, education, government and others on the basis of verticals. The market is further segmented into components sub segment which is split into hardware, solution [software] and services [professional services and managed services]. Additionally, the device as a service (DaaS) market on the basis of organizations is segmented into large enterprises and small & medium enterprises.
The segmental analysis presented in the report provides computing technologies field based organizations insights into key growth factors such as the increasing awareness among consumers as well as challenges such as demand and supply gaps the market will face from 2020 - 2027. The presence of untapped market opportunities and the availability of many untapped opportunities are some of the key factors having an influence on computing technologies industry based companies, suggest analysts as per the device as a service (DaaS) market report. But the report also identifies the lack of investments in R&D and the growing penetration of alternatives in the market as major threats companies in computing technologies will face till 2027.
Device as a Service (DaaS) Market Regional Overview
Computing technologies market based companies in the device as a service (DaaS) market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The growing application areas will be a key growth driver for regional markets. However, the lack of demand from developing countries will turn out to be a threat. For the forecast period 2020 - 2027. Each of these regional markets are studied in the report. Starting from North America, the regional market and computing technologies vertical based companies are spread across the United States, Mexico, and Canada.
The lack of effective communication will turn out to be a major challenge from 2020 - 2027. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the growth of communication channels as well as the surging usage across different industries, suggests the report. Similarly, the computing technologies sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the device as a service (DaaS) market covers the Middle East and Africa. The global device as a service (DaaS) market forecasts based on the findings are presented for the forecast period till 2027.
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Industry News
Lenovo DaaS (device as a service) is in high demand. The organisation is stepping up its efforts to accelerate PC DaaS growth as the new fiscal year begins. According to estimates released by IDC last month, worldwide demand for PCs increased in 2020. Last year, shipments increased by approximately 13%, and IDC predicts an increase of more than 18% in 2021, totaling more than 357 million systems. Lenovo sees DaaS as critical to its long-term success, and its new Solutions & Services Group is working to keep PC DaaS growing (SSG). Lenovo hopes that by creating SSG, it will be able to expand its subscription and usage-based offerings. Small and midsize businesses (SMBs) and vertical solutions will be the priority.
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OverviewThe device as a service (DaaS) market is anticipated to grow by US$190,163.8 Million by 2026 rapidly growing at a CAGR of 55.8% during the forecast period.
The global device as a service (DaaS) market is driven by rapid adoption of subscription-based services and reduction in help desk volume.
These factors have helped shape the device as a service (DaaS) market and are expected to boost the growth.
Companies in the Device as a Service Market could also face challenges such as low investments in developing IoT solutions and lack of a solid cloud infrastructure.
device as a service (DaaS) market analysts have also shared growth projections in the report and have suggested device as a service (DaaS) market players to plan growth strategies accordingly.Market SegmentationThe global device as a service (DaaS) market has been segmented based on organization size, component, and vertical.
The performance of device as a service (DaaS) market has also been studied for the past and current years.
Market HighlightsThe global DaaS industry is expected to reach 66,129.9 million by 2023, growing at a CAGR of 54.7% during the forecast period (2018–2023).
In this report, Market Research Future (MRFR) includes segmentation and market dynamics to offer a better glimpse of the market in the coming years.The adoption of contract-based services and solutions by SMEs is driving the growth of the DaaS Industry.
This offers SMEs greater flexibility, lower operational costs, and eliminates the requirement for IT personnel; furthermore, it also enables enterprises to focus on their business objectives, rather on hardware devices.
In June 2016, HP launched a DaaS program—HP DaaS—that helps enterprises reduce the IT costs in terms of procurement, deployment, and management of the technical capabilities of devices.
Through this launch, Microsoft’s cloud solution provider partners offer these devices through a managed service offering all its resellers and customers Office 365, Windows 10, and relevant independent software on a subscription basis.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4486Furthermore, the device as a service (DaaS) model offers numerous benefits to the SMEs .
This also helps SMEs with simpler lifecycle management and more updated devices with the latest technological capabilities.SegmentationThe global Device as a Service (Daas) Industry has been segmented into component, deployment mode, organization size, vertical, and region.Based on the component, the DaaS market has been segmented into hardware, solution, and services.
Data as a Service Market, Deployment (Public, Private, Hybrid), Organization Size (SME, LE), End User (BFSI, Healthcare, Retail, IT & Telecom), Pricing Model (Volume-Based Model, Data Type-Based Model), Solution, Professional Services — Forecast till 2027Market HighlightsAccording to Market Research Future (MRFR), the global data as a service (DaaS) market is projected to achieve USD 12 billion at a CAGR of 39% from 2020 to 2027 (forecast period).
The study offers a complete assessment of the global situation, the economic situation, and the COVID-19 analysis of the overall industry.Data as a service (DaaS) is a model that offers on-demand data to users regardless of the geography or organization of the provider and the consumer.
DaaS is a cost-effective responsive service that enables companies to concentrate on selling their products rather than sourcing, managing, and activating data.Businesses need new capabilities to support themselves in the market and to build a competitive edge for themselves.
Due to rapid technological change, companies are turning to cloud-based services to help their businesses minimize the costs of building, running, and protecting applications, thereby accelerating business agility.Market DynamicsThe factors responsible for driving the market are the increasing adoption of big data analytics across various industry verticals and the increasing demand for real-time data analytics.
Initiatives like Bring Your Own Device (BYOD) and Enterprise Mobility are critical opportunities in the data as a service (DaaS) industry.
The industry also faces a variety of obstacles, including data theft and cyber-attacks, and a lack of technological knowledge in data as a service (DaaS) that could potentially impede the market growth.Cloudera has extended its Altus Data Science platform as a service offering to the Azure cloud.
DaaS (Desktop as a Service) has emerged as a viable and comprehensive solution for enterprises.DaaS deployment and management, typically, is a specialized task requiring a complex set of skills and resources.
