Shibuya-ku, Tokyo, Japan, Japan, Apr 08, 2022, 02:46 /Comserve / -- As per Market Research Future Analysis, the Global Device as a Service (DaaS) Market size is expected to reach a value of USD 190,163.86 Million by 2026.
With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
As per Market Research Future Analysis, the Global Device as a Service (DaaS) Market size is expected to reach a value of USD 190,163.86 Million by 2026. The market accounted for USD 9,843.8 million in 2019 and is expected to exhibit at 55.8% CAGR over the review period. The global market growth is attributed to the detection of threats and vulnerabilities and provides insights on the location of the device and unified endpoint provision of the providers for distributing updates to employees through a single interface.
The global Device as a service market is expected to witness a significant market during the research period. The infiltration of IoT in large ventures has given a rewarding chance to DaaS arrangement organizations. Overseen arrangements and a solitary purpose of contact for goal, everything being equal, can lessen costs and operational intricacies. For example, HP has dispatched the Instant Ink administration for topping off of all printer cartridges. This gives the organization a consistent kind of revenue and gives extraordinary client service. Besides, producers can screen the existence of the gadget and give standard updates to its upkeep. However, BYOD and CYOD are expected to hinder the global DaaS market as it deprives manufacturers of contracts and long-term relations. It can also put a dent in DaaS providers due to customers choosing their models and software to collaborate with their teams and clients.
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Market Segmentation
The global Device as a service market has been segmented into the Component, organization, and vertical. Based on Component type, the global market is segregated into Hardware, Solution, and Services.
By Organization Size the global market has been segmented into Large Enterprises and Small & Medium Enterprises. In terms of the Vertical segment, the global Device as a Service market has been classified into Government, Education, IT & Telecommunication, Manufacturing, Retail, Healthcare, BFSI, and Others.
Regional Analysis
Geographically, Global Device as a Service Market has been segregated into North America, Europe, Asia-Pacific, and the Middle East, and Africa.
North America is estimated to dominate the global DaaS market because of its increasing ability to provide its customers with flexibility in their operations. The regional market is expected to exhibit the highest CAGR of 52.3% during the review period due to the work from the home policy adopted by major software development corporations.
The Asia-Pacific market is expected to witness the fastest growing market and is expected to reach the highest market value of USD 54,101.6 million during the study period. The regional market is expected to register a CAGR of 59.2% over the review period owing to the large workforce involved in IT and its services.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Device as a Service (DaaS) Market Growth, Forthcoming, Business Prospects and Industry Updates and Forecast 2026 With Impact Of COVID-19 (Trending Report)
Major Players
The key market players of the global device as service (DaaS) market includes 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.), Yorktel (U.K.), Citrix Systems Inc. (U.S.), Acer Inc. (Taiwan), Plantronics Inc. (U.S.), SHI International Corp. (U.S.), Intel Corporation (U.S.), Lenovo (China), Scantron Corporation (U.S.).
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