Quick Overview of the Device-as-a-Service (DaaS) Market Analysis
The Global Device-as-a-Service (DaaS) Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.
Detailed Analysis of Global Device-as-a-Service (DaaS) Industry (2024-30): Reveals Further Growth & Market Expansion
According to the most recent study, the Global Device-as-a-Service (DaaS) Market size is estimated to grow at a CAGR of around 25.75% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024-30.
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Global Device-as-a-Service (DaaS) Market Trend:
Increasing Inclination Towards Artificial Intelligence & Machine Learning to Boost Market Growth – In recent years, there has been an increasing inclination towards emerging technologies, like Artificial Intelligence (AI) & Machine Learning (ML), within end-user industries like BFSI, healthcare, etc. These industries are increasingly leveraging these technologies to ease & streamline their operations since these technologies help enhance the customer experience via predictive analysis. Moreover, industries are undergoing the Industrial 4.0 revolution. As a result, manufacturing units across the globe are integrating these emerging technologies to automate the manufacturing or production process.
Further, the amalgamation of AI & ML requires large volumes of data for training, processing, and analysis. As a result, end-users are utilizing DaaS solutions to provide access to high-performance computing devices, cloud resources, and data storage infrastructure needed for AI and ML workloads. Moreover, the DaaS solutions also help companies scale their computational resources based on data processing demands. Therefore, DaaS solutions are emerging as a preferable choice among the different industry verticals & driving market growth & expansion.
Device-as-a-Service (DaaS) Market Segmentation Analysis
-By Type
- Hardware- (Market Size & Forecast 2019-2030, (USD Million)
- Software- (Market Size & Forecast 2019-2030, (USD Million)
- Services
-By Enterprise Size
- Large Enterprises- (Market Size & Forecast 2019-2030, (USD Million)
- Medium Enterprises- (Market Size & Forecast 2019-2030, (USD Million)
- Small Enterprises- (Market Size & Forecast 2019-2030, (USD Million)
-By End User
- IT/ITES & Telecom- (Market Size & Forecast 2019-2030, (USD Million)
- Government- (Market Size & Forecast 2019-2030, (USD Million)
- BFSI- (Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- (Market Size & Forecast 2019-2030, (USD Million)
- Education- (Market Size & Forecast 2019-2030, (USD Million)
- Others- (Market Size & Forecast 2019-2030, (USD Million)
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Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Geographically, North America held a significant market share in the Global Device-as-a-Service (DaaS) Market. Industries in North American countries, like the US, Canada, etc., are at the forefront of technological innovation and increasingly embracing digitalization to improve the quality of service for their citizens. As a result, companies are recognizing the strategic importance of embracing digital solutions to improve business outcomes, drive efficiencies, and deliver superior customer experiences. Hence, they are integrating DaaS solutions within their digital infrastructure to offer scalable, flexible, and cost-effective solutions for managing IT infrastructure and device fleets.
In addition, the governments of countries like the US & Canada are investing heavily in technology & innovation to stay ahead & competitive with other countries. As a result, more enterprises & organizations in these countries will undergo rapid digital transformation, augmenting the requirement for DaaS solutions in the forthcoming years.
Key Players and Competitive Strategies in the Device-as-a-Service (DaaS) Market
The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:
- Lenovo
- Hewlett Packard
- CompuCom
- Citrix
- Dell Technologies
- Microsoft Corporation
- Amazon Web Services
- HCL
- Cloudalize
- Accenture
- Yorktel
- CDW
- Others
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Global Device-as-a-Service (DaaS) Industry Recent Development:
- In 2024: Hewlett Packard announced the launch of new DaaS services & solutions to help different industry verticals deliver work efficiently and enhance consumer engagement.
Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
- How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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