Mobile Device as a Service Market Outlook for Forecast Period (2024 to 2032) | IMR


Mobile Device as a Service Market Size Was Valued at USD 77.7 Billion in 2023, and is Projected to Reach USD 1428.3 Billion by 2032, Growing at a CAGR of 38.2% From 2024-2032.

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MDaaS, as defined in this research, is a payment scheme wherein a group or person can rent mobile gadgets and get services like upkeep, assistance, and updates for a set monthly cost. Customers do not make purchases of the devices but instead pay for their usage over a set period ranging from one to three years. Some advantages of this model include providing clients with cost estimates, enabling them to customize resource levels, and granting access to cutting-edge technology without requiring a financial commitment.

MDaaS reduces the expenses associated with obtaining devices, prioritizes device management, and ensures access to cutting-edge technology, leading to increased user efficiency. The Mobile Device as a Service (MDaaS) market has seen an increase in recent years due to organizations needing adaptable strategies in the mobile technology market. Numerous sectors are currently embracing MDaaS to handle the acquisition of new devices, reducing capital costs, and improving business performance.

Top Key Players Covered In Mobile Device as a Service Market

Apple (US), Hewlett Packard (US), Lenovo (China), Dell Technologies (US), Computacenter (UK), Microsoft (US), Cisco (US), CompuCom (US), 3stepIT (Finland), Telia Company (Sweden), CHG MERIDIAN (Germany), Atea Global Services (Latvia), CSi leasing (US), Econocom (France), GreenFlex (France), GRENKE (Germany), Excellence IT (UK), Foxway (Sweden), Other key Players

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Segmentation Analysis of The Mobile Device as a Service Market:

Mobile Device as a Service Market is segmented on the basis of Device type, offerings, and end-user.

By Device Type   

  • Desktops
  • Laptops
  • Tablets
  • Smartphones Peripherals

By Offering

  • Hardware
  • Software
  • Services

By End Use

  • IT Telecommunication
  • BFSI
  • Education
  • Healthcare
  • Government
  • Others

Catering to the evolving needs of remote work and distributed teams

With the rise of remote work, it is crucial for tools to be portable and compatible with various devices to cater to people working from home or multiple locations. Therefore, MDaaS providers need to take advantage of this change and offer comprehensive packages that consist of mobile devices as well as management, security, and collaboration tools appropriate for a remote work environment.

Hence, MDaaS providers need to focus on delivering top-notch communication, robust security measures, user-friendliness, and convenience to become vital allies for businesses facing challenges with remote work intricacies.

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Asia Pacific is Expected to Dominate the Market Over the Forecast period

Several factors are expected to help the Asia Pacific region maintain its leadership in the Mobile Device as a Service (MDaaS) market throughout the forecast period.

Additionally, the area includes some of the world's fastest growing economies such as China, India, and countries in Southeast Asia. High levels of urbanization, growing per capita income, and a rising prevalence of mobile devices in industries like manufacturing, retail, healthcare, and finance define these economies. The global market for MDaaS solutions is expected to experience exponential growth as an increasing number of organizations in these markets aim to enhance workforce productivity and efficiency through the optimization of mobile device utilization.

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Questions Answered:

  1. What is the market size and CAGR of the Mobile Device as a Service Market during the forecast period?
  2. How is the growing demand impacting the growth of Mobile Device as a Service Market shares?
  3. What is the growing demand of the Mobile Device as a Service Market during the forecast period?
  4. Who are the leading vendors in the market and what are their market shares?
  5. What is the impact of the COVID-19 pandemic on the APAC Mobile Device as a Service Market?

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