Return to site

Covid-19 Impact on Device as a Service Market 2020: Growth, Key Manufacturer Analysis and Forecast to 2023

Market Snapshot

Covid-19 Impact on Device as a Service Market set to expand at a CAGR of 54.7% during the forecast period (2017-2023) projects Market Research Future (MRFR) in its latest report. Some of the important elements associated with DaaS boom include growing number of connected devices, and IoT integration.

Enterprise are inclining towards DaaS for reducing IT expenses, expected for IT hardware infrastructure. Increased used on technology in business management has resulted in increased spending in IT infrastructure. Such as factors can be linked the burgeoning operational expenses (Opex) and capital expenditure (Capex). This is prompting enterprises to adopt DaaS solutions to reduce operational expenditure and capital investment. Moreover, DaaS help businesses to manage hardware (mobile phones, laptops, tablets, PCs, desktops, etc.) and software.

Get Free Sample Report @

Growing need for technical expertise in enterprises for mobile device management and endpoint management tools is influencing the global device as a service market. DaaS offer businesses with better assistance and maintenance support from a vendor, reducing additional IT staff cost. In addition, adoption of DaaS reduces technical complexities and reduce expenditure on device procurement and deployment.


MRFR’s report offers are comprehensive segmental analysis of the Covid-19 Impact on Device as a Service Market based on deployment mode, component, industry vertical, organization size, and region.

  • By deployment mode, the market has been segmented into on-premises and cloud. The cloud segmented commands for the lion’s share of the market and this trend in likely to continue for the next couple of years. In addition, the segment is projected to post the strongest CAGR.
  • By component, the market has been segmented into services, solution and hardware. Of these, the hardware segment commanded the largest share of the market in 2017. Meanwhile, the service segment is projected to capture the fastest CAGR of 60.4% during the assessment period.
  • By industry verticals, the market has been segmented into healthcare, government, manufacturing, IT & telecom, BFSI, education, retail and others. In 2017, The IT & telecom segment commanded the highest market in term of revenue. It is projected that the segment will grow at a 57.3% CAGR during the assessment period. In terms of revenue, the BFSI segment is holds the second spot and is expected to exhibit the strongest CAGR during the forecast period.
  • By organization size, the market has been segmented into large enterprise and small and medium enterprise. In 2017, the small and medium enterprise segmented represent the most significant market share in terms of revenue. Additionally, the segmented into expected to surge at a sound CAGR of 56.1% during the review period.

Key Players:

The prominent players in device as a service market are – Hewlett-Packard (U.S.), Microsoft Corporation (U.S.), VMware, Inc. (U.S.), Motorola Solutions, Inc. (U.S.), Citrix Systems, Inc. (U.S.), Plantronics (U.S.), Polycom (U.S.), Oracle Corporation (U.S.), Amazon, Inc. (U.S.), Capgemini SE (France) are the profiled companies in the report.

Also, Accenture PLC (Ireland), Dell, Inc. (U.S.), Lenovo Group Ltd. (U.S.), SYNNEX Corporation (U.S.), NComputing (U.S.), Computers Now (Australia), Connection (U.S.) are few other major players in the device as a service market. These companies have not been profiled in our study, but it can be taken up as a part of customization, as per client requirements.

Market Research Analysis:

Based on region, the global device as a service market is segmented into five key regions namely South America, Asia Pacific (APAC), Europe, North America and the Middle East & Africa (MEA). In terms of revenue, North America is currently the most attractive market for DaaS. This is primarily due to the widespread presence of DaaS vendor across the region. These vendors not only operate domestically but have a massive offshore presence. Europe is another important market for DaaS and accounts for significant market share in terms of revenue. Countries such as Germany, France, and the U.K. are among the to destinations for market players. In Europe, DaaS is becoming increasingly popular in sector such as BFSI, retail and IT and telecommunication.

Get Complete Report @


1 Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global Device As A Service (DaaS) Market, By Component

1.1.2 Global Device As A Service (DaaS) Market, By Organization Size

1.1.3 Global Device As A Service (DaaS) Market, By Industry Vertical

1.2 Global Device As A Service (DaaS) Market, By Region

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 Market Structure

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

3.6 List Of Assumptions

4 Market Insight

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.2.1 Rising Need To Reduce The Capital Expenditure (Capex) And Operational Expenditure (Opex) Among Enterprises

5.2.2 Adoption Of Contract-Based Services And Solutions By SMEs

5.2.3 Drivers Impact Analysis

5.3 Restraints

5.3.1 Adoption Of BYOD And CYOD Policies

5.3.2 Lack Of Technical Expertise And Security Concerns

5.3.3 Restraints Impact Analysis

5.4 Opportunities

5.5 Increasing Adoption Of IoT


Get New Updates @

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312


All Posts

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OKSubscriptions powered by Strikingly