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Device-As-A-Service Market Set To Climb From $266.51 Billion In 2026 To $866.03 Billion By 2030
The device-as-a-service market has shown remarkable expansion in recent times. It is anticipated to increase from $199 billion in 2025 to $266.51 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 33.9%. The growth observed in previous periods can be ascribed to several factors including high upfront device procurement costs, the increasing complexity of enterprise IT assets, the wider adoption of managed IT services, the necessity for predictable IT budgeting, and the expansion of mobile and remote workforces.
The device-as-a-service market is projected to experience substantial expansion over the upcoming years. Its valuation is anticipated to reach $866.03 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 34.3%. This growth during the projected timeframe is attributable to factors such as the expanding embrace of hybrid work setups, a heightened emphasis on operational expenditure (opex) for IT spending, the necessity for scalable endpoint security, the advancement of circular economy efforts in IT hardware, and the escalating requirement for swift device deployment. Key trends anticipated within the forecast period encompass subscription-based device lifecycle management, the integration of hardware, software, and IT services, capabilities for remote device provisioning and administration, the application of predictive maintenance and analytics, and adaptable models for device refreshing and upgrades.
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Device-As-A-Service Market Growth Momentum: What Factors Are Shaping Demand?
The expanding trend of remote work is anticipated to fuel the growth of the device-as-a-service market in the coming years. Remote work, frequently known as telecommuting or telework, entails executing work activities and tasks outside of a conventional office environment. Device-as-a-Service enhances the remote work experience by addressing the distinct challenges associated with managing a distributed workforce and by ensuring employees possess the necessary tools and support for productivity and security. For instance, in March 2023, according to GoRemotely, a US-based staffing and recruiting firm, roughly 2.7 million people, which accounts for 17 percent of the 16 million healthcare professionals, had roles allowing them to work from home. Other sectors demonstrating a high percentage of remote workers include education (9%), retail (8%), and manufacturing (7%). Hence, the escalating prevalence of remote work is acting as a driver for the device-as-a-service market.
Device-As-A-Service Market Breakdown By Product Type And Application
The device-as-a-service market covered in this report is segmented –
1) By Device Type: Desktops, Laptops, Notebooks, Tablets, Smartphones And Peripherals
2) By Offering: Hardware, Software, Service
3) By Enterprise Size: Small And Medium Enterprise, Large Enterprise
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), Educational Institutions, Healthcare And Life Sciences, IT And Telecommunication, Public Sector And Government Offices, Other Industry Verticals
Subsegments:
1) By Desktops: All-In-One Desktops, Traditional Desktops
2) By Laptops: Business Laptops, Ultrabooks
3) By Notebooks: Standard Notebooks, 2-In-1 Notebooks
4) By Tablets: Standard Tablets, Rugged Tablets
5) By Smartphones And Peripherals: High-End Smartphones, Mid-Range Smartphones, Printers, Monitors, Keyboards And Mice, Docking Stations
Device-As-A-Service Market Trends Redefining Industry Growth
Leading companies operating in the device-as-a-service market are increasingly adopting sustainability and collaboration for the distribution of their services. Strategic collaboration and sustainability refer to the act of working together towards common objectives while considering the long-term environmental and social impacts of actions. For instance, in April 2024, NTT DATA, a Japan-based technology services company, in conjunction with HP (Hewlett-Packard), a US-based technology company, launched a Sustainable Device-as-a-Service solution. This solution integrates sustainability and the circular economy into the complete management of device lifecycles. It empowers organizations to embed and operationalize sustainability within the lifecycle of endpoint devices. This initiative forms part of NTT DATA’s comprehensive strategy to help organizations accelerate their end-to-end sustainability transformation journey toward Net Zero targets and beyond.
Device-As-A-Service Market Company Landscape And Competitive Strategy
Major companies operating in the device-as-a-service market are Apple Inc.; Dell Inc.; Lenovo Group Limited; HP Development Company L.P.; Microsoft Corporation; Samsung; Cisco Systems Inc.; Accenture plc; Capgemini; Cognizant; DXC Technology; Vmware Inc.; Swisscom AG; Telia Company AB; Computacenter plc.; Atea Global Services Ltd.; CompuCom Systems Inc.; Yorktel; EMPIST; Portsmouth Computer Group; Sunstate Technology Group; Trust Technology Solutions; Insight Enterprises Inc.; Atos; Fujitsu
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Device-As-A-Service Market Regional Breakdown: Where Is Demand Concentrated?
North America was the largest region in the device-as-a-service market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the device-as-a-service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
