Press release
Device as a Service Market To Benefit from Increased Global Uptake of 2018-2028
The companies who are interested in taking advantage of the subscription cost structure with the elimination of stress that comes with procuring, managing and disposing of the hardware are opting for device as a service for their work. As device as a service is seen to gain traction, PC manufacturers and IT service providers are focusing on to structure their services, merge their marketing strategies and incorporate technologies, such as artificial intelligence and the internet of things, into their device as a service plans.
Device as a service is defined to be the management of hardware, such as desktops, laptops, and smartphones, among others, and software that run on these hardware. Generally, the device as a service providers give their services to the clients on contract basis with a monthly subscription fee.
Device as a Service Market: Drivers and Challenges
The prime factor expected to drive the growth of the device as a service market is the rapid adoption of subscription-based services model. This model for device as a service enables the clients to shift the high cost of acquiring new technology from a capital expenditure to an operating expense. This would result in the companies to free up cash for investment in strategic initiatives, which would lead to high revenue generation. The other driver for the device as a service market comes in terms of reduction in help desk volume, policy compliance, and increased end-user productivity, which are the benefits a company gets by outsourcing services on multiple devices that come with multiple operating systems in the device as a service market. Also, the organizations who adopt device as a service get the latest technology to use and also get access to customized services, which go hand-in-hand like installation, data migration, device configuration, on-site support, technology recycling and others.
The managed service providers traditionally do not have interest in managing inventory and besides carrying inventory risk would need time to learn and manage inventory for implementing device as a service, which are factors expected to restrain the growth of the device as a service market. The other restraint for the device as a service market is that there is very less awareness among the organizations for the services provided in the device as a service market.
Device as a Service Market: Segmentation
The device as a service market can be segmented on the basis of component, organization size, device type, deployment, vertical and region.
On the basis of component, the device as a service market is segmented into:
Software
Services
Managed Services
Professional Services
On the basis of organization size, the device as a service market is segmented into:
Large Enterprises
Small and Medium Enterprises
On the basis of device type, the device as a service market is segmented into:
Desktop
Laptop
Tablets
Smartphones
Others
On the basis of deployment, the device as a service market is segmented into:
On-Premise
Cloud
On the basis of vertical, the device as a service market is segmented into:
BFSI
Healthcare
Retail
IT & Telecommunication
Manufacturing
Education
Government
Others
Device as a Service Market: Key Players
Examples of some of the key players operating in the device as a service market are Swisscom, CompuCom Systems Inc., Hewlett-Packard, Oracle Corporation, Capgemini SE, Amazon, Inc., Citrix Systems, Inc., Motorola Solutions, Inc., VMware, Inc, Microsoft Corporation, Plantronics, Polycom, Accenture PLC, Connection, Dell, Inc., Computers Now, Lenovo Group Ltd., NComputing, and SYNNEX Corporation, among Others.
Device as a Service Market: Regional Overview
On the basis of geography, the global device as a service market is segmented across North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America device as a service market is expected to be the major market in terms of value due to the technological advancements in the region and also due to increased use of device as a service in the region among various industry verticals. In the global device as a service market, North America is expected to be followed by Asia Pacific excluding Japan device as a services market as the region has a large number of life science and retail organizations, which would lead to increased adoption of device as a service among these organizations. In terms of growth, Asia Pacific excluding Japan is the leading market followed by Europe and North America device as a service market.
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The report covers exhaustive analysis on:
Device as a Service Market Segments
Device as a Service Market Dynamics
Historical Actual Market Size, 2012 - 2016
Device as a Service Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Device as a Service Market Current Trends/Issues/Challenges
Competition & Companies involved
Device as a Service Market Value Chain
Device as a Service Market Drivers and Restraints
Regional analysis for Device as a Service Market includes
North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep. etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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