Device-as-a-Service Market to reach USD 434.7 million by 2027. The device as a service Market is valued approximately at USD 35.2 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 43.2% over the forecast period 2021-2027. The device-as-a-service model is achieving acceptance among organizations as it provides pre-constructed hardware such as desktops, laptops, and smartphones, and customized software. The hasty adoption of the subscription-based services model is one of the dominant drivers of the device-as-a-service market. Subscription-based device-as-a-service models help customers to alters the high cost of achieving new technology from a capital expenditure (CapEx) to an operating budget (OpEx). Furthermore, As a subscription service, the device-as-a-service model allows options for an organization to instantly scale up or down based on the prevailing operating environment and business needs. Whether flourishing or diminishing, organizations can pay for absolutely what they want, when they want it. Device-as-a-service also beset financial services, which provide resilience for end users in terms of payment. These factors thereby urging the growth of the device-as-a-service market for services. Lack of awareness in relation to the benefits offered by the device-as-a-service model is a serious factor hindering the endorsement of the device-as-a-service model, thereby prohibiting its growth.

In the year 2020, North America accounted for the greatest share of the device-as-a-service market. Immense demand for device-as-a-service from the IT and telecommunications end users is one of the extensive factors leading to the advancement of the market in North America. Different IT and telecommunication companies such as AT&T, Microsoft, and Apple, are based in this region. Likewise, several companies offering device-as-a-service, including Dell Technologies (US), HP (US), and Microsoft (US), also have a occupation in this region, which further adds to the expansion of the device-as-a-service market in North America.
Major market player included in this report are:

CompuCom,
3stepIT
Telia Company
Atea Global Services
CHG MERIDIAN
Computacenter
GreenFlex
GRENKE
Apple
Dell
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:
Hardware
Software
Services
By Type:
Desktops
Laptops
Notebooks and Tablets and Peripherals
By End use industry:
IT & Telecommunications
Healthcare and Life Sciences
Educational Institutions
Banking,
Financial Services
and Insurance (BFSI))

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Device-as-a-Service (PSF) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors