Press release
Top 10 Major Companies in Device as a Service Market (DaaS) Software - HP Development, Microsoft, Dell, Amazon, Lenovo, Capgemini
What is Device as a Service (DaaS)?
Device as a Service (DaaS) is a model that offers management services and IT equipment, such as PCs, smartphones, and mobile devices, in a paid subscription. This model simplifies IT management by outsourcing the role to the device provider, instead of the business. It also helps minimize expenses by shifting the IT budget from a capital expenditure (CapEx) model to an operating expense (OpEx) model with predictable per-user, per-month pricing.
The Device as a Service industry is projected to grow from USD 68.3 billion in 2022 to USD 425.6 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 25.7% during the forecast period (2022 - 2030).
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Key Companies in the Device as a Service includes:
• HP Development Company, L.P (US)
• Microsoft Corporation (US)
• Dell Inc. (US)
• Amazon Web Services Inc. (US)
• Lenovo (Hong Kong)
• Citrix Systems, Inc. (US)
• Plantronics, Inc. (US)
• CompuCom Systems, Inc., (US)
• Capgemini (France)
• SHI International Corp. (US)
Common Device-as-a-Service Options:
Two primary examples of device as a service include offerings from HP and Lenovo. HP's offering includes device options ranging from commercial notebooks, desktops, and specialized devices, and has even expanded to offering hardware outside of HP's hardware, such as Apple Macs, iPhones, and iPads. Lenovo offers customers a wide range of devices such as PCs, tablets, smartphones, and video conferencing and collaboration tools.
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Benefits of Device as a Service (DaaS):
Simplified IT Management: DaaS simplifies IT management by outsourcing the role to the device provider, instead of the business.
Cost Minimization: It helps minimize expenses by shifting the IT budget from a capital expenditure (CapEx) model to an operating expense (OpEx) model with predictable per-user, per-month pricing.
Scalability: Companies using DaaS can quickly scale up or down its devices to serve shifting needs.
Access to Latest Technology: Organizations have more immediate access to the latest technology without having to make a substantial investment.
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Device as a Service vs. Desktop as a Service:
Device as a service shares the DaaS acronym with desktop as a service, which can be confusing when using the name or acronym. With device as a service, physical hardware is offered to customers under a subscription model. This may include PCs, tablets, smartphones, or other physical devices. On the other hand, desktop as a service is a cloud computing offering in which a third party offers a virtual desktop running inside a virtual machine (VM) .
Regional Analysis:
Device as a Service (DaaS) is a modern device management solution that offers bundled hardware, software, and asset management services into a single subscription, modernizing IT management and improving end-user experiences. In North America, the market is driven by the presence of large players and increasing demand from IT and telecommunications, while in the UK, Insight's DaaS solution provides end-to-end services, including pre-configured hardware and optional proactive device management, all for a single monthly fee.
The global DaaS market is expected to show a steady and strong upward trend from 2023 through 2030, with significant growth anticipated in various regions, including the US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea, and more. This model offers ease for IT companies by providing infrastructure needs such as software, hardware, and other computing devices on a contract basis with a monthly subscription fee, revolutionizing the employee experience and transforming business operations.
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Conclusion:
In summary, Device as a Service (DaaS) offers a subscription-based model for businesses to manage their hardware upgrades and provide their employees with access to the necessary applications more quickly and easily. It simplifies customers' needs by allowing them to use the device without worrying about device management, and it covers both hardware and software services such as device backups, asset tracking, and end-of-life disposal.
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