Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Device-as-a-Service Market size was valued at USD 125 billion in 2024 and is projected to reach USD 4.5 trillion by the end of 2037, rising at a CAGR of 30% during the forecast period, i.e., 2025-2037. In 2025, the device-as-a-service is estimated at USD 202 billion.
The transformation to operational expenditure (OpEx) models is a major factor for global market growth. As organizations opt for OpEx over traditional capital expenditure (CapEx) models to enhance financial flexibility, DaaS allows businesses to lease devices on a subscription basis, transforming significant upfront hardware costs into manageable, regular payments. A recent example highlighting growth, in January 2025, Tehama launched Tehama Manager 3.0 for Azure Virtual Desktop (AVD), developed in collaboration with the Microsoft for Startups initiative. This solution combines Microsoft technologies, such as Entra ID, Intune, and Copilot, with Tehama's comprehensive security and data governance framework. It provides centralized management features and fully managed secure perimeter data enclaves, ensuring enterprise-grade security, governance, and regulatory compliance with ease, speed, and cost-effectiveness.