Markntel Advisors’ report, Latin America Device as a Service (DaaS) Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Latin America Device as a Service (DaaS) presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Latin America Device as a Service (DaaS) Market Research Report & Market Summary:
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.
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Latin America Device as a Service (DaaS) Market Dynamics:
Key Driver-
Increasing Adoption of DaaS Within the BFSI Sector Amplifying Market Growth– In recent years, the BFSI sector in Latin American countries has significantly digitalized. The financial institutions in Latin America are increasingly providing digital payment solutions to consumers to provide them with more flexibility and reliability. This transition towards digitalization is increasing the requirement for storage, servers, desktops, and other computation devices in the region. As a result, they are actively seeking DaaS solutions to fulfill the need for the devices to maintain their operative productivity.
Additionally, consumers in Latin American nations are also shifting towards online payments. According to Visa, a top credit card service corporation company, more than 60% of the consumers in Latin America receive their money via online bank transfers and about 14% of the individuals receive it via digital means. This increasing shift towards online payment solutions is resulting in the requirement for high-power computing devices. As a result, financial institutions are actively opting for DaaS solutions, expanding the Latin America Device as a Service (DaaS) market size.
Latin America Device as a Service (DaaS) Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Hardware - Market Size & Forecast 2019-2030, USD Million
- Desktop- Market Size & Forecast 2019-2030, USD Million
- Laptop- Market Size & Forecast 2019-2030, USD Million
- Tablets- Market Size & Forecast 2019-2030, USD Million
- Telephones- Market Size & Forecast 2019-2030, USD Million
- Others (Printers, etc.) - Market Size & Forecast 2019-2030, USD Million
- Software - Market Size & Forecast 2019-2030, USD Million
- Business Software- Market Size & Forecast 2019-2030, USD Million
- Security- Market Size & Forecast 2019-2030, USD Million
- Asset Management- Market Size & Forecast 2019-2030, USD Million
- Monitoring & Reporting Analytics- Market Size & Forecast 2019-2030, USD Million
- Services - Market Size & Forecast 2019-2030, USD Million
- Type & Maintenance- Market Size & Forecast 2019-2030, USD Million
- Configuration Services- Market Size & Forecast 2019-2030, USD Million
- Recovery & Renewal Services- Market Size & Forecast 2019-2030, USD Million
By Enterprise Size
- Large Enterprises- Market Size & Forecast 2019-2030, USD Million
- Medium Enterprises- Market Size & Forecast 2019-2030, USD Million
- Small Enterprises- Market Size & Forecast 2019-2030, USD Million
Of them all, small enterprises hold a dominant market share in the Latin America Device as a Service (DaaS) Market. Latin American countries have a higher prevalence of SMEs.
By End User
- IT/ITES & Telecom - Market Size & Forecast 2019-2030, USD Million
- Government - Market Size & Forecast 2019-2030, USD Million
- BFSI - Market Size & Forecast 2019-2030, USD Million
- Healthcare - Market Size & Forecast 2019-2030, USD Million
- Education - Market Size & Forecast 2019-2030, USD Million
- Others (Retail, Law Firm, etc.) - Market Size & Forecast 2019-2030, USD Million
Among them, IT/ITES & Telecom holds a notable market share in the Latin America Device as a Service market. Smartphone accessibility in Latin American countries has significantly expanded.
By Country
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America.
Geographically, Mexico holds a prominent market share in the Latin America Device as a Service (DaaS) market. In recent years, Mexico has undergone digital transformation owing to the rising government programs and funds allocation.
As indicated in the latest market research report published by Markntel Advisors, “Latin America Device as a Service (DaaS) Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Latin America Device as a Service (DaaS) industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
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Top Companies Operating in the Latin America Device as a Service (DaaS) Market:
- 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.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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