Device-as-a-Service Market Valued at USD 179.19 Billion in 2024: Projected to Reach USD 2329.80 Billion by 2032 with a CAGR of 37.8%

Device-as-a-Service Market Overview

The 𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at US$ 179.19 Billion in 2024 and is expected to grow at an impressive CAGR of 37.8% from 2025 to 2032. By the end of the forecast period, the market is projected to reach nearly US$ 2329.80 Billion, driven by the growing adoption of subscription-based service models and the need for cost-effective IT solutions across industries.

𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The DaaS model provides businesses with the ability to manage hardware and software requirements efficiently by offering regular upgrades and dedicated support. This approach minimizes IT workload and prevents technology stagnation, enhancing overall organizational efficiency. DaaS has gained significant traction among businesses of all sizes, providing access to essential hardware like laptops, PCs, smartphones, and tablets with pre-configured applications or services. Additionally, factors such as reduced help desk costs, enhanced user productivity, and compliance with security standards are accelerating the adoption of DaaS. However, challenges like limited awareness of the DaaS model in emerging economies and the complexity of implementing “Choose Your Own Device” policies could hinder growth in certain regions.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Device-as-a-Service-Market/448

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

One of the primary drivers of the DaaS market is the rapid acceptance of subscription-based service models that shift IT costs from capital expenditure to operational expenditure. This enables businesses to save upfront costs and allocate capital to strategic, revenue-generating projects. Other key factors include compliance with regulatory standards, access to advanced technologies, and specialized services such as data migration, system configuration, and technical recycling. Moreover, the growing adoption of cloud-based solutions, driven by concerns over data security and increasing investments in IT infrastructure, is further fueling the growth of the DaaS market.

𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The demand for DaaS is being propelled by several emerging trends, including the increasing preference for portable devices and the shift from traditional ownership models to flexible subscription-based solutions. Companies are increasingly investing in DaaS models to improve IT productivity and operational efficiency. Additionally, the IT and telecommunications sector is leading the way in adopting these services due to the need for frequent hardware and software upgrades. With the rising awareness of DaaS benefits and its ability to provide secure, scalable, and cost-effective solutions, more industries are expected to integrate this model into their operations in the coming years.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.stellarmr.com/report/enquire_now/Device-as-a-Service-Market/448

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐕𝐢𝐞𝐭𝐧𝐚𝐦: 𝐃𝐚𝐚𝐒 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam’s DaaS market is expanding rapidly, driven by its growing IT sector and increasing adoption of cloud-based services. Businesses in Vietnam are embracing DaaS to minimize upfront costs and streamline device lifecycle management. Recent developments include FPT Corporation’s partnership with Dell Technologies to provide tailored DaaS solutions for SMEs. Trends indicate a growing preference for bundled solutions that include software, security, and support services.

𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝: 𝐃𝐚𝐚𝐒 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand is witnessing a steady increase in DaaS adoption, particularly among SMEs and startups. The market is expected to grow at a CAGR of 14.8%, supported by the government’s digital transformation initiatives. Companies like True Digital Solutions and Lenovo are leading the market with flexible DaaS offerings. Consolidation activities include strategic collaborations to enhance service delivery and expand market presence.

𝐉𝐚𝐩𝐚𝐧: 𝐃𝐚𝐚𝐒 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan’s advanced technological ecosystem has positioned it as a prominent player in the DaaS market. Enterprises in Japan are leveraging DaaS to manage large-scale device fleets efficiently. Key players such as NEC Corporation and Fujitsu are driving innovation through AI-driven analytics and predictive maintenance features. Recent trends highlight a focus on sustainability, with companies offering eco-friendly device lifecycle solutions.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 𝐃𝐚𝐚𝐒 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea’s DaaS market is experiencing significant growth due to its robust IT infrastructure and high adoption of 5G technology. Recent mergers, including Samsung Electronics’ acquisition of smaller IT service providers, have strengthened the market’s competitive landscape. Government-backed initiatives to promote smart workplaces are also boosting demand for DaaS solutions across industries.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐃𝐚𝐚𝐒 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore’s position as a global tech hub has accelerated the adoption of DaaS. Companies like HP Inc. and Microsoft are introducing advanced DaaS platforms featuring integrated cloud solutions and real-time analytics. Updation efforts include the integration of AI and blockchain to enhance data security and optimize device performance. Collaborative ventures are further driving innovation in Singapore’s DaaS market.

𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 𝐃𝐚𝐚𝐒 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The United States leads the global DaaS market, accounting for a significant share due to its large enterprise base and high technology adoption rates. The market is projected to grow at a CAGR of 15.5% through 2030. Companies such as Hewlett Packard Enterprise and Apple Inc. are at the forefront, offering tailored DaaS solutions for diverse industries. Recent mergers include Hewlett Packard Enterprise’s acquisition of cloud service providers to enhance its DaaS portfolio.

𝐄𝐮𝐫𝐨𝐩𝐞: 𝐃𝐚𝐚𝐒 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe’s DaaS market is expanding steadily, driven by stringent data protection regulations and growing demand for scalable IT solutions. Countries such as Germany, France, and the UK are spearheading the adoption of DaaS. Key players like Siemens AG and Lenovo are focusing on offering compliant and secure solutions. Recent trends include partnerships with cybersecurity firms to address evolving data security challenges.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.stellarmr.com/report/req_sample/Device-as-a-Service-Market/448

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

by Offering

Hardware
Software
Services

by Device Type

Desktops
Laptops, Notebooks, and Tablets
Smartphones and Peripherals

by Organization Size

Small and Medium-sized Enterprises
Large Enterprises

by End-User

IT & Telecommunications
Healthcare and Life Sciences
Educational Institutions
Banking, Financial Services and Insurance (BFSI)
Public Sector and Government Offices
Other

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Device-as-a-Service-Market/448

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐃𝐞𝐯𝐢𝐜𝐞-𝐚𝐬-𝐚-𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

Dell Technologies (US)
Microsoft (US)
Cisco (US)
CompuCom(US)
3stepIT (Finland)
Telia Company (Sweden)
Atea Global Services (Latvia)
CHG MERIDIAN (Germany)
CSi leasing (US)
Computacenter (UK)
Econocom (France)
GreenFlex (France)
GRENKE (Germany)
Excellence IT (UK)
Foxway (Sweden)
Apple (US)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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