Global Device as a Service - DaaS
Market Report
2025
The global device-as-a-service market size will be USD 58.6 billion in 2024. This market will show the strongest growth, with a compound annual growth rate (CAGR) of 43.5% from 2024 to 2031. The growth has been driven by streamlined device management and support.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per the current market study, out of 89.383 Billion USD global market revenue 2025, North America market holds 32.05% of the market share. The North America Device as a Service - DaaS industry grew from 10.497 Billion USD in 2021 to 28.647 Billion USD in 2025 and will record 36.64% growth. In coming future this industry will reach 213.431 Billion by 2033 with a 28.535% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (80.46%), Canada (10.39%), Mexico (9.15%)
As per the current market study, out of 89.383 Billion USD global market revenue 2025, Europe market holds 25.60% of the market share. The Europe Device as a Service - DaaS industry grew from 8.378 Billion USD in 2021 to 22.882 Billion USD in 2025 and will record 36.61% growth. In coming future this industry will reach 172.547 Billion by 2033 with a 28.729% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (15.50%), Germany (23.80%), France (11.35%), Italy (9.78%), Russia (4.10%), Spain (9.69%), Sweden (4.55%), Denmark (4.75%), Switzerland (4.69%), Luxembourg (0.96%), Rest of Europe (10.83%)
As per the current market study, out of 89.383 Billion USD global market revenue 2025, Asia Pacific market holds 30.25% of the market share. The Asia Pacific Device as a Service - DaaS industry grew from 9.438 Billion USD in 2021 to 27.038 Billion USD in 2025 and will record 34.91% growth. In coming future this industry will reach 222.44 Billion by 2033 with a 30.138% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (29.40%), Japan (16.65%), India (13.15%), South Korea (12.29%), Australia (4.04%), Singapore (2.36%), South East Asia (7.99%), Taiwan (4.61%)
As per the current market study, out of 89.383 Billion USD global market revenue 2025, South America market holds 5.08% of the market share. The South America Device as a Service - DaaS industry grew from 1.605 Billion USD in 2021 to 4.541 Billion USD in 2025 and will record 35.34% growth. In coming future this industry will reach 36.186 Billion by 2033 with a 29.622% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (36.89%), Argentina (17.22%), Colombia (15.77%), Peru (8.46%), Chile (9.58%), Rest of South America (12.07%)
As per the current market study, out of 89.383 Billion USD global market revenue 2025, Middle East market holds 3.74% of the market share. The Middle East Device as a Service - DaaS industry grew from 1.188 Billion USD in 2021 to 3.347 Billion USD in 2025 and will record 35.49% growth. In coming future this industry will reach 26.45 Billion by 2033 with a 29.484% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (22.71%), Turkey (21.09%), UAE (16.19%), Egypt (14.10%), Qatar (10.61%), Rest of Middle East (15.33%)
As per the current market study, out of 89.383 Billion USD global market revenue 2025, Africa market holds 3.27% of the market share. The Africa Device as a Service - DaaS industry grew from 0.995 Billion USD in 2021 to 2.927 Billion USD in 2025 and will record 33.99% growth. In coming future this industry will reach 21.904 Billion by 2033 with a 28.605% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (17.70%), South Africa (39.46%), Rest of Africa (42.88%)
2021 | 2025 | 2033 | CAGR | |
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Global Device as a Service - DaaS Market Sales Revenue | $ 32.102 Billion | $ 89.383 Billion | $ 692.959 Billion | 29.176% |
North America Device as a Service - DaaS Market Sales Revenue | $ 10.497 Billion | $ 28.647 Billion | $ 213.431 Billion | 28.535% |
United States Device as a Service - DaaS Market Sales Revenue | $ 8.482 Billion | $ 23.049 Billion | $ 170.169 Billion | 28.389% |
Canada Device as a Service - DaaS Market Sales Revenue | $ 1.06 Billion | $ 2.976 Billion | $ 23.499 Billion | 29.47% |
Mexico Device as a Service - DaaS Market Sales Revenue | $ 0.955 Billion | $ 2.621 Billion | $ 19.764 Billion | 28.727% |
Europe Device as a Service - DaaS Market Sales Revenue | $ 8.378 Billion | $ 22.882 Billion | $ 172.547 Billion | 28.729% |
United Kingdom Device as a Service - DaaS Market Sales Revenue | $ 1.282 Billion | $ 3.547 Billion | $ 27.383 Billion | 29.109% |
Germany Device as a Service - DaaS Market Sales Revenue | $ 1.961 Billion | $ 5.446 Billion | $ 42.964 Billion | 29.458% |
France Device as a Service - DaaS Market Sales Revenue | $ 0.972 Billion | $ 2.597 Billion | $ 18.635 Billion | 27.932% |
Italy Device as a Service - DaaS Market Sales Revenue | $ 0.829 Billion | $ 2.238 Billion | $ 16.426 Billion | 28.296% |
Russia Device as a Service - DaaS Market Sales Revenue | $ 0.369 Billion | $ 0.938 Billion | $ 6.125 Billion | 26.432% |
Spain Device as a Service - DaaS Market Sales Revenue | $ 0.804 Billion | $ 2.217 Billion | $ 17.048 Billion | 29.042% |
Sweden Device as a Service - DaaS Market Sales Revenue | $ 0.377 Billion | $ 1.041 Billion | $ 7.998 Billion | 29.027% |
Denmark Device as a Service - DaaS Market Sales Revenue | $ 0.404 Billion | $ 1.087 Billion | $ 8.041 Billion | 28.422% |
Switzerland Device as a Service - DaaS Market Sales Revenue | $ 0.402 Billion | $ 1.073 Billion | $ 7.696 Billion | 27.923% |
Luxembourg Device as a Service - DaaS Market Sales Revenue | $ 0.084 Billion | $ 0.219 Billion | $ 1.491 Billion | 27.128% |
Rest of Europe Device as a Service - DaaS Market Sales Revenue | $ 0.895 Billion | $ 2.479 Billion | $ 18.74 Billion | 28.768% |
Asia Pacific Device as a Service - DaaS Market Sales Revenue | $ 9.438 Billion | $ 27.038 Billion | $ 222.44 Billion | 30.138% |
China Device as a Service - DaaS Market Sales Revenue | $ 2.756 Billion | $ 7.949 Billion | $ 66.398 Billion | 30.385% |
Japan Device as a Service - DaaS Market Sales Revenue | $ 1.604 Billion | $ 4.502 Billion | $ 35.279 Billion | 29.35% |
India Device as a Service - DaaS Market Sales Revenue | $ 1.199 Billion | $ 3.556 Billion | $ 31.364 Billion | 31.278% |
South Korea Device as a Service - DaaS Market Sales Revenue | $ 1.18 Billion | $ 3.323 Billion | $ 26.448 Billion | 29.601% |
Australia Device as a Service - DaaS Market Sales Revenue | $ 0.406 Billion | $ 1.092 Billion | $ 7.986 Billion | 28.231% |
Singapore Device as a Service - DaaS Market Sales Revenue | $ 0.217 Billion | $ 0.638 Billion | $ 5.45 Billion | 30.748% |
South East Asia Device as a Service - DaaS Market Sales Revenue | $ 0.736 Billion | $ 2.16 Billion | $ 18.529 Billion | 30.818% |
Taiwan Device as a Service - DaaS Market Sales Revenue | $ 0.444 Billion | $ 1.246 Billion | $ 9.956 Billion | 29.659% |
South America Device as a Service - DaaS Market Sales Revenue | $ 1.605 Billion | $ 4.541 Billion | $ 36.186 Billion | 29.622% |
Brazil Device as a Service - DaaS Market Sales Revenue | $ 0.595 Billion | $ 1.675 Billion | $ 13.215 Billion | 29.454% |
Argentina Device as a Service - DaaS Market Sales Revenue | $ 0.271 Billion | $ 0.782 Billion | $ 6.503 Billion | 30.305% |
Colombia Device as a Service - DaaS Market Sales Revenue | $ 0.254 Billion | $ 0.716 Billion | $ 5.502 Billion | 29.027% |
Peru Device as a Service - DaaS Market Sales Revenue | $ 0.136 Billion | $ 0.384 Billion | $ 3.014 Billion | 29.39% |
Chile Device as a Service - DaaS Market Sales Revenue | $ 0.152 Billion | $ 0.435 Billion | $ 3.521 Billion | 29.891% |
Rest of South America Device as a Service - DaaS Market Sales Revenue | $ 0.196 Billion | $ 0.548 Billion | $ 4.432 Billion | 29.849% |
Middle East Device as a Service - DaaS Market Sales Revenue | $ 1.188 Billion | $ 3.347 Billion | $ 26.45 Billion | 29.484% |
Saudi Arabia Device as a Service - DaaS Market Sales Revenue | $ 0.268 Billion | $ 0.76 Billion | $ 6.047 Billion | 29.605% |
Turkey Device as a Service - DaaS Market Sales Revenue | $ 0.248 Billion | $ 0.706 Billion | $ 5.705 Billion | 29.849% |
UAE Device as a Service - DaaS Market Sales Revenue | $ 0.188 Billion | $ 0.542 Billion | $ 4.507 Billion | 30.315% |
Egypt Device as a Service - DaaS Market Sales Revenue | $ 0.17 Billion | $ 0.472 Billion | $ 3.603 Billion | 28.913% |
Qatar Device as a Service - DaaS Market Sales Revenue | $ 0.127 Billion | $ 0.355 Billion | $ 2.754 Billion | 29.207% |
Rest of Middle East Device as a Service - DaaS Market Sales Revenue | $ 0.186 Billion | $ 0.513 Billion | $ 3.835 Billion | 28.586% |
Africa Device as a Service - DaaS Market Sales Revenue | $ 0.995 Billion | $ 2.927 Billion | $ 21.904 Billion | 28.605% |
Nigeria Device as a Service - DaaS Market Sales Revenue | $ 0.174 Billion | $ 0.518 Billion | $ 3.936 Billion | 28.867% |
South Africa Device as a Service - DaaS Market Sales Revenue | $ 0.385 Billion | $ 1.155 Billion | $ 9.051 Billion | 29.348% |
Rest of Africa Device as a Service - DaaS Market Sales Revenue | $ 0.436 Billion | $ 1.255 Billion | $ 8.917 Billion | 27.781% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Offering |
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Market Split by Device Type |
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Market Split by Organization Size |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Device as a Service - DaaS Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Device as a Service (DaaS) is a business model where companies lease hardware devices, such as laptops, desktops, and tablets, along with comprehensive lifecycle management services, on a subscription basis. This model alleviates the burden of device procurement, maintenance, and disposal, offering cost predictability and operational efficiency. The DaaS market is experiencing robust growth due to increasing demand for flexibility, scalability, and access to the latest technology. Organizations are embracing DaaS to reduce capital expenditures, streamline IT management, and ensure their workforce has up-to-date devices. The shift to remote and hybrid work models has further accelerated DaaS adoption as businesses seek efficient ways to equip their employees with necessary tools while maintaining control and security. As technology continues to evolve, the DaaS market is expected to expand, driven by the need for innovative and adaptable IT solutions.
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In September 2021, At Tech World, Lenovo unveiled a wave of innovations, expanding its "Everything-as-a-Service" business model with Lenovo TruScale. The company introduced new Edge to Cloud infrastructure and data center products, along with a wide range of new laptops, tablets, monitors, edge computing devices, and accessories. These advancements were designed to help businesses and consumers navigate what Lenovo referred to as "the next reality." (Source: https://news.lenovo.com/pressroom/press-releases/everything-as-a-service-platform-innovations-for-the-next-reality-tech-world/)
Top Companies Market Share in Device as a Service - DaaS Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America ruled the market in 2024 and accounted for around 40% of the global revenue. North America is dominant in the Device as a Service (DaaS) market due to advanced IT infrastructure, high adoption rates of new technologies, and strong presence of key industry players, driving growth and innovation in the region.
Asia Pacific is the fastest growing region in the Device as a Service (DaaS) market, driven by rapid digital transformation, increasing adoption of remote work, and rising demand for cost-effective IT solutions. Businesses in this region are leveraging DaaS to enhance operational efficiency and access the latest technological advancements.
The current report Scope analyzes Device as a Service - DaaS Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Device as a Service - DaaS Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Device as a Service - DaaS Industry growth. Device as a Service - DaaS market has been segmented with the help of its Offering, Device Type Organization Size, and others. Device as a Service - DaaS market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Device as a Service - DaaS market is typically segmented by Offering, which play a significant role in determining the structure and growth potential of the industry. Understanding the market by Offering allows businesses to focus on specific product categories that are likely to perform the best in the coming years. By understanding the performance and demand trends of each type, companies can target the most lucrative segments, innovate within specific categories, and develop products or services that align with the needs of their target customers. Analyzing the growth patterns by type helps to pinpoint which segments are most likely to grow at an accelerated pace and which ones might experience slower or stagnant growth.
Offering of Device as a Service - DaaS analyzed in this report are as follows:
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Market segmentation by Device Type is another crucial element in understanding the dynamics of the Device as a Service - DaaS industry. Applications refer to the specific uses or end-user industries that drive demand for the Device as a Service - DaaS products or services. These can vary widely, depending on the nature of the market, ranging from healthcare, manufacturing, and retail to more specialized sectors like aerospace, automotive, and telecommunications. By breaking down the market according to its applications, businesses can gain insight into which industries are adopting Device as a Service - DaaS-related solutions most effectively, and where new opportunities are emerging.
Moreover, analyzing application trends helps in recognizing which industries are growing faster, where innovations are occurring, and which markets are saturated, allowing businesses to strategically position themselves in the most promising areas of the market. Get in touch with us to receive industry-specific insights tailored to your needs
Some of the key Device Type of Device as a Service - DaaS are:
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According to cognitive market research, the IT and telecommunications segment holds the major share in the Device as a Service (DaaS) market. This dominance is attributed to the sector's high demand for advanced, scalable, and cost-effective device management solutions. Companies within this segment benefit significantly from DaaS by ensuring their teams have access to the latest technology, enhancing productivity and operational efficiency. The quick pace of technological upgrades and the shift towards remote work have further cemented the importance of DaaS in this industry.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Device as a Service - DaaS Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Device as a Service - DaaS Market and is projected to experience significant growth in the near future.
The Desktops segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3stepIT (Finland), Telia Company (Sweden) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Offering | Hardware, Software, Services |
Device Type | Desktops, Laptops, Notebooks & Tablets, Smartphones & Peripherals |
Organization Size | Small and Medium-sized Enterprises, Large Enterprises |
End User | IT & Telecommunications, Healthcare and Life Sciences, Educational Institutions, Banking, Financial Services and Insurance (BFSI), Public Sector and Government Offices, Others |
List of Competitors | 3stepIT (Finland), , Telia Company (Sweden), , Atea Global Services (Latvia), , CHG MERIDIAN (Germany), , Computacenter (UK), , Econocom (France), , GreenFlex (France), , GRENKE (Germany), , Excellence IT (UK), , Foxway (Sweden), Hewlett Packard (US), , Lenovo (China), , Dell Technologies (US), , Microsoft (US), , Cisco (US), , CompuCom(US), , CSi leasing (US) |
This chapter will help you gain GLOBAL Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review Global Device as a Service - DaaS Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review North America Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review Europe Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review Asia Pacific Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review South America Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review Middle East Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Device as a Service - DaaS. Further deep in this chapter, you will be able to review Middle East Device as a Service - DaaS Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Device as a Service - DaaS. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2021 - 2033
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Chapter 11 Market Split by Device Type Analysis 2021 - 2033
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Chapter 12 Market Split by Organization Size Analysis 2021 - 2033
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Chapter 13 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Device as a Service - DaaS market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Hardware have a significant impact on Device as a Service - DaaS market? |
What are the key factors affecting the Hardware and Software of Device as a Service - DaaS Market? |
What is the CAGR/Growth Rate of Desktops during the forecast period? |
By type, which segment accounted for largest share of the global Device as a Service - DaaS Market? |
Which region is expected to dominate the global Device as a Service - DaaS Market within the forecast period? |