In this rapidly changing world of technology, device as a service market is projected to show major growth prospects during the forecast period. Major factor driving the device as a service market is the increasing demand for smart office solutions. Predictability is another major factor responsible for fueling the growth of device as a service market.
The global Device as a Service Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the device as a service market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of device as a service market. This is owing to the presence of large number of established key players like HP, Oracle Corporation and Microsoft Corporation in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. Increasing demand for increased and centralized security is expected to be another major factor responsible for driving the growth of device as a service market.
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In the global device as a service market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, device as a service market is projected to contribute faster to the growth of revenue backed by increasing need for centralized and secured workplace solutions in countries such as Japan, China, South Korea and India.
The device as a service market is growing rapidly over 9% of CAGR and is expected to reach at approx. USD 8 Billion by the end of forecast period.
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:
It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific market is projected to grow at the fastest rate during the forecast period. The major growth in device as a service market in North America is attributed to technological advancements and increasing demand for cost effective solutions for maintaining the changing volatility in the organizations in that region.
The device as a service market has been segmented on the basis of component, device type, deployment, organization size and vertical. The organization size segment is bifurcated into small and medium sized enterprises and larges enterprises. Out of which, the large enterprises segment holds the largest market share for device as a segment market whereas, small and medium enterprises segment is expected to witness significant growth during the forecast period. This is owing to the technological advancements and growing demand for wireless technology applications.
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- Technology Investors
- Research/Consultancy Firms
- Original equipment manufacturers (OEMs)
- Government Bodies
- IT & Telecommunication Companies
TABLE OF CONTENTS
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
List Of Tables
Table 1 Device as a Service Market, By Component
Table 2 Device as a Service Market, By Device Type
Table 3 Device as a Service Market, By Deployment
Table 4 Device as a Service Market, By Organization Size
List Of Figures
Figure 1 Research Type
Figure 2 Device as a Service Market, By Component
Figure 3 Device as a Service Market, By Device Type
Figure 4 Device as a Service Market, By Deployment
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