Latin America Device as a Service (DaaS) Market Research Report: Forecast (2024-2030)

Latin America Device as a Service (DaaS) Market Report - By Type (Hardware, (Desktop, Laptop, Tablets, Telephones, Others (Printers, etc.)), Software, (Business Software, Security, Asset Management, M... ... Asset Management, Monitoring & Reporting Analytics), Services, (Type & Maintenance, Configuration Services, Recovery & Renewal Services), By Enterprise Size (Large Enterprises, Medium Enterprises, Small Enterprises), By End User (IT/ITES & Telecom, Government, BFSI, Healthcare, Education , Others (Retail, Law Firm, etc.)), and Others Read more

  • ICT & Electronics
  • May 2024
  • 163
  • PDF, Excel, PPT

Market Definition

Device-as-a-Service (DaaS) is a subscription-based model in which businesses or enterprises opt for rented hardware devices like computers, laptops, tablets, smartphones, IoT devices, and software platforms from a service provider instead of buying and owning them directly.

Market Insights & Analysis: Latin America Device as a Service (DaaS) Market (2024-30):

The Latin America Device as a Service (DaaS) Market size is estimated to grow at a CAGR of around 29.80% during the forecast period, i.e., 2024-30. The factors attributing to the growth in the demand for the Device as a Service in Latin America are growing fintech startups, rising implementation of digitalization initiatives, and the increasing arrival of foreign-based companies into the region.

In recent years, Latin American countries have witnessed a surge in startups owing to flexible and favorable policies. According to the research conducted by Finnovista, one of the leading investment firms, in 2023, more than 1,500 new fintech companies were registered in the region, showcasing an approximately 43% year-on-year growth. These tech-based startups heavily depend on electronic hardware to run their daily operational task. However, the purchasing price of these products in bulk is costly for these new startups. Therefore, these emerging companies procure these pivotal computational products through lease or subscription-based models, driving the Latin America Device as a Service Market.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2020) 29.80%
Country Covered Mexico, Brazil, Argentina, Chile, Rest of Latin America
Key Companies Profiled Lenovo Group Limited, Hewlett Packard Enterprise Development LP, CompuCom Systems, Inc., Citrix Systems, Inc., Dell Inc., Microsoft Corporation, Amazon Web Services, Inc., HCL Technologies Limited, Ricoh América Latina, CSI Leasing, Inc., Others
Unit Denominations USD Million

 

Additionally, large as well as small-scale enterprises necessarily upgrade their computational products every 3-4 years to maintain operational efficiency. However, the cost of replacing and upgrading each and every component in a large organization is relatively higher. As a result, these organizations are shifting towards DaaS solutions to cut down their asset costs. As per the survey by the International Data Corporation (IDC), more than 40% of the organizations are planning to engage in the DaaS to address their computational hardware requirement, enlarging the Latin America Device as a Service market size.

Further, the governing bodies in Latin American nations are increasingly implementing digitalization initiatives to gain a competitive advantage over other countries and improve the quality of living for its inhabitants. This digitalization drive is compelling organizations to offer their services via online mediums. Therefore, there is an increasing requirement for hardware & software. Hence, enterprises are seeking DaaS solutions to provide digital services to consumers, uplifting market growth.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Latin America Device as a Service (DaaS) Market Start-Up Ecosystem
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  5. Latin America Device as a Service (DaaS) Market Demand Side- Supply Side Analysis
    1. Industry Expert Verbatim- What the Experts Say?
    2. Voice of Customer
      1. Reason to adopt DaaS
      2. Key Factors Taken into Consideration while Selecting Vendor
      3. Key Technical Configuration Required in Organization
      4. Key Decision Maker for Availing Services
      5. Customer Expectations from The Vendor
      6. Current Usage Vs Future Plan to Avail the Services
      7. Pricing Range for Availing the Services
      8. Annual Budget Allocation to Invest on Services
  6. Latin America Device as a Service (DaaS) Market Porter’s Five Force Analysis
  7. Latin America Device as a Service (DaaS) Market Trends & Insights
  8. Latin America Device as a Service (DaaS) Market Dynamics
    1. Growth Drivers
    2. Challenges
  9. Latin America Device as a Service (DaaS) Market Policies & Regulations
  10. Latin America Device as a Service (DaaS) Market Hotspot & Opportunities
  11. Latin America Device as a Service (DaaS) Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1.  By Type
        1. Hardware - Market Size & Forecast 2019-2030, USD Million
          1. Desktop- Market Size & Forecast 2019-2030, USD Million
          2. Laptop- Market Size & Forecast 2019-2030, USD Million
          3. Tablets- Market Size & Forecast 2019-2030, USD Million
          4. Telephones- Market Size & Forecast 2019-2030, USD Million
          5. Others (Printers, etc.) - Market Size & Forecast 2019-2030, USD Million
        2. Software - Market Size & Forecast 2019-2030, USD Million
          1. Business Software- Market Size & Forecast 2019-2030, USD Million
          2. Security- Market Size & Forecast 2019-2030, USD Million
          3. Asset Management- Market Size & Forecast 2019-2030, USD Million
          4. Monitoring & Reporting Analytics- Market Size & Forecast 2019-2030, USD Million
        3. Services - Market Size & Forecast 2019-2030, USD Million
          1. Type & Maintenance- Market Size & Forecast 2019-2030, USD Million
          2. Configuration Services- Market Size & Forecast 2019-2030, USD Million
          3. Recovery & Renewal Services- Market Size & Forecast 2019-2030, USD Million
      2. By Enterprise Size
        1. Large Enterprises- Market Size & Forecast 2019-2030, USD Million
        2. Medium Enterprises- Market Size & Forecast 2019-2030, USD Million
        3. Small Enterprises- Market Size & Forecast 2019-2030, USD Million
      3. By End User
        1. IT/ITES & Telecom - Market Size & Forecast 2019-2030, USD Million
        2. Government - Market Size & Forecast 2019-2030, USD Million
        3. BFSI - Market Size & Forecast 2019-2030, USD Million
        4. Healthcare - Market Size & Forecast 2019-2030, USD Million
        5. Education - Market Size & Forecast 2019-2030, USD Million
        6. Others (Retail, Law Firm, etc.) - Market Size & Forecast 2019-2030, USD Million
      4. By Country
        1. Mexico
        2. Brazil
        3. Argentina
        4. Chile
        5. Rest of Latin America
      5. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
  12. Mexico Device as a Service (DaaS) Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1.  By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      3. By End User- Market Size & Forecast 2019-2030, USD Million
  13. Brazil Device as a Service (DaaS) Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1.  By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      3. By End User- Market Size & Forecast 2019-2030, USD Million
  14. Argentina Device as a Service (DaaS) Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1.  By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      3. By End User- Market Size & Forecast 2019-2030, USD Million
  15. Chile Device as a Service (DaaS) Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1.  By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      3. By End User- Market Size & Forecast 2019-2030, USD Million
  16. Latin America Device as a Service (DaaS) Market Key Strategic Imperatives for Success & Growth
  17. Competitive Outlook
    1. Company Profiles 
      1. Lenovo Group Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Hewlett Packard Enterprise Development LP
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. CompuCom Systems, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Citrix Systems, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Dell Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Microsoft Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Amazon Web Services, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. HCL Technologies Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Ricoh América Latina
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. CSI Leasing, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Others
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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