Device as a Service (DaaS) Market 2019 is growing at a 54.7% CAGR | HP Development Company, L.P (US), Microsoft Corporation (US), Dell Inc. (US), Amazon Web Services, Inc. (US), Lenovo (China)

The global DaaS market is expected to reach USD 66,129.9 billion by 2023 growing at a 54.7% CAGR over the forecast period 2018–2024
Latest Report Available at Report Hive Research “Device as a Service (DaaS) Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
Enterprises across industries are engaged in an array of work processes such as managing inventories; they are in constant need to work on a secure IT environment. To remedy this, enterprises are outsourcing IT solutions such as device procurement and lifecycle management from their vendor partners and IT solutions providers. This trend is popularly known as device as a service (DaaS) which is adopted by the enterprises to reduce their IT load. The adoption of DaaS solution is at a burgeoning stage and large IT firms such as HP Inc. and Microsoft have embraced the trend significantly. Moreover, the market is driven by the increasing need to lower the capital expenditure (capex) and operational expenditure (opex) by enterprises along with significant adoption of contract-based services and solutions by SMEs. Furthermore, the increasing adoption of IoT is expected to be a better prospect for the DaaS market during the forecast period. However, the increasing adoption of BYOD and CYOD policies among SMEs, and lack of technical expertise, and increasing security concerns are expected to influence the growth of the DaaS market during the assessment period.
Get the Research Sample Copy of this Report @ https://www.reporthive.com/enquiry.php?id=1945118&req_type=smpl&utm_source=S2
Device as a service (DaaS) is an emerging service model developed by HP Inc. It is defined as management of hardware devices such as personal computers (PCs), laptops, desktops, tablets or mobile phones, as well as the software that are required for various operations in an enterprise. A DaaS provider offers services under a single contract to a customer for a monthly subscription fee. It is gaining popularity among enterprises to minimize the IT expenses, particularly for IT hardware infrastructure.
Top key players covered in this report:
HP Development Company
L.P (US)
Microsoft Corporation (US)
Dell Inc. (US)
Amazon Web Services, Inc. (US)
Lenovo (China) and more….
This report focuses on the Device as a Service (DaaS) Market in global market, especially in United States, China, Europe, Japan, Southeast Asia, India and more.
The global DaaS market has been segmented on the basis of component, deployment mode, organization size, and vertical.
Based on component, the device as a service market has been sub-segmented into hardware, software, and services. The hardware segment of the DaaS market has been categorized into desktops, laptops, printers, and others. Furthermore, on the basis of service, the global DaaS market has been segmented into professional services and managed services. On the basis of deployment mode, the global device as a service market has been segmented into cloud and on-premise. On the basis of organization size, the market has been segmented into large enterprise and small- and medium-sized enterprise. On the basis of industry vertical, the device as a service market has been segmented into BFSI, healthcare, IT & telecom, retail, manufacturing, education, government, and others.
Regional Analysis
Geographically, the device as a service market has been segmented into four different regions namely North America, Asia-Pacific, Europe, and the rest of the World.
North America was dominating the device as a service market in 2018. Also, the US is the leading country and is projected to gain the largest market share in the device as a service market. The market growth is attributed to the presence of industry giants such as HP Development Company, L.P, Microsoft Corporation, Dell Inc., and early adopters of the technology. Furthermore, Asia-Pacific is expected to witness the fastest growth which is attributed to the presence of active players in China, Japan, South Korea, India, and Hong Kong. The companies in Asia-Pacific are Lenovo (Hong Kong), SAMSUNG (South Korea), ZTE Corporation (China), Fujitsu (Japan), and others. Other key industry players of this market are expanding their services to the Asia-Pacific market by collaborating with channel partners and resellers. China is expected to be a leading region in the market during the forecast period. China, Japan, and other emerging countries are adopting advanced technologies and are preparing for the complications in changing process and procedures for DaaS.
Get the Full Research Report @ https://www.reporthive.com/checkout?currency=single-user-licence&reportid=1945118
Key Findings
The global DaaS market is expected to reach USD 66,129.9 million by 2023
By component, the services segment is expected to grow at a significant rate of CAGR during the forecast period. Under the hardware segment of DaaS market, the desktop segment accounted for the largest market share of 58.5% in 2017, with a market value of USD 1,944.4 million.
By deployment mode, the cloud segment is expected to account for the larger market share and is presumed to remain the same over the next few years.
By organization size, small- and medium-sized enterprises are expected to account for the largest market share during the assessment period. However, the large enterprises segment is projected to exhibit a CAGR of 51.9%.
Geographically, North America region held the largest market share of 50.1% in 2017, whereas Asia-Pacific is likely to be the fastest growing region in the DaaS market.
Table of Contents
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Device as a Service (DaaS) Market, by Component
8 Global Device as a Service (DaaS) Market, by Deployment Mode
9 Global Device as a Service (DaaS) Market, by Organization Size 40
10 Global Device as a Service (DaaS) Market, by Industry Vertical
11 Global Device as a Service (DaaS) Market, by Region
12 Competitive Landscape
13 Company Profiles
13.1 HP Development Company, L.P.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Services/Solutions Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.1.6 Key Strategies

13.2 Microsoft Corporation
13.2.1 Company Overview
13.2.2 Financial Overview
13.2.3 Products/Services/Solutions Offered
13.2.4 Key Developments
13.2.5 SWOT Analysis
13.2.6 Key Strategies

13.3 Dell Inc.
……… TOC continued

500, North Michigan Avenue,
Suite 6014
Chicago, IL - 60611
United States
Contact Us
Mike Ross
Marketing Manager
sales@reporthive.com
https://www.reporthive.com
Phone Number: +1-312 604 7084

About Us:
Report Hive Research delivers strategic market research reports, statistical survey, industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of global business leaders, government organizations, SME’s, Individual and Start-ups, top management consulting firms, universities etc. Our library of 700,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like IT, Telecom, Semiconductor, Chemical, Healthcare, Pharmaceutical, Energy and Power, Manufacturing, Automotive and Transportation, Food and Beverages etc. This large collection of insightful reports assists clients to stay ahead of time and competition. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio and application analysis etc.

This release was published on openPR.