Device-as-a-Service (DaaS) Market Share, Size, Trends and Competitive Analysis 2024

MarkNtel Advisors Releases Comprehensive Study on the Device-as-a-Service (DaaS) Market, Forecasting Strong Growth from 2024-2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Global Device-as-a-Service (DaaS) Market Analysis, 2024-2030.”
This report provides a , key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

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Device-as-a-Service (DaaS) Market Timeline Overview

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Device-as-a-Service (DaaS) Market Outlook

According to the report, the Global Device-as-a-Service (DaaS) Market size is estimated to grow at a CAGR of around 25.75% during the forecast period, i.e., 2024-30.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Device-as-a-Service (DaaS) Market Trends:

Rapid Adoption of Digitalization: Many industries, particularly BFSI, IT & Telecom, and healthcare, are increasingly adopting digitalization, driving the demand for DaaS solutions to streamline operations and enhance customer experiences.
Government Initiatives for Digital Infrastructure: Governments, especially in countries like India and the UAE, are implementing initiatives such as Digital India and the UAE Digital Government Strategy 2025, promoting the adoption of digital solutions, including DaaS.
Integration of AI and Machine Learning: Companies are increasingly leveraging artificial intelligence (AI) and machine learning (ML) capabilities within DaaS solutions to improve data processing, analytics, and overall operational efficiency.
Rising Internet Penetration and 5G Deployment: Growing internet penetration and the rollout of 5G networks are creating a conducive environment for businesses to adopt DaaS, enabling faster data processing and improved digital solutions.
Focus on Cost Efficiency and Scalability: Organizations are shifting towards DaaS for its cost-effective nature and scalability, allowing them to manage device lifecycles more efficiently while minimizing upfront capital expenditures.

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Device-as-a-Service (DaaS) Market Segmentation

The study categorizes the Device-as-a-Service (DaaS) Market into various segments and sub-segments, each analysed for its size, growth potential, and contribution to the overall industry.

-By Type

Hardware- (Market Size & Forecast 2019-2030, (USD Million)
Software- (Market Size & Forecast 2019-2030, (USD Million)
Services

-By Enterprise Size

Large Enterprises- (Market Size & Forecast 2019-2030, (USD Million)
Medium Enterprises- (Market Size & Forecast 2019-2030, (USD Million)
Small Enterprises- (Market Size & Forecast 2019-2030, (USD Million)

-By End User

IT/ITES & Telecom- (Market Size & Forecast 2019-2030, (USD Million)
Government- (Market Size & Forecast 2019-2030, (USD Million)
BFSI- (Market Size & Forecast 2019-2030, (USD Million)
Healthcare- (Market Size & Forecast 2019-2030, (USD Million)
Education- (Market Size & Forecast 2019-2030, (USD Million)
Others- (Market Size & Forecast 2019-2030, (USD Million)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Geographically, North America held a significant market share in the Global Device-as-a-Service (DaaS) Market. Industries in North American countries, like the US, Canada, etc.,

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Key Highlights of the Report

Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024-2030.
Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-daas-market-analysis.html

Frequently Asked Questions (FAQ)

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About us:

MarkNtel Advisors is a globally recognized Industry Research Report Firm and Market Research Company delivering comprehensive intelligence across the ICT & electronics sector, including electronic equipment & services, software, and digital infrastructure. Our in-depth Syndicated Research Reports and Market Research Reports provide multi-layered insights into innovation trends, technology adoption, and investment patterns at global, regional, and country levels. Leveraging advanced Business Research, Financial Services analytics, and data-backed Market Forecast models, we assist technology providers, investors, and policymakers in navigating digital transformation and identifying high-growth opportunities. Our analysts use validated Export and Import Data and quantitative modelling to assess performance and risk. Through specialized Consulting Services, we enable clients to achieve measurable Revenue Impact and maintain strategic leadership in the rapidly evolving global tech ecosystem.

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