RICOH signs development cooperation with ASUS to provide DaaS (Device as a Services) services
On December 26, 2023, ASUS visited Ricoh Vietnam's office in Ho Chi Minh City, where both partners signed a commitment to work together to develop a sustainable business model to provide ASUS Device Rental Services through Ricoh's system.
Device as a Service (DaaS) is a support package that provides both management and provision of IT devices such as personal computers, smartphones, and mobile devices as a paid subscription, replacing the purchase of individual devices.
The Devices market is expected to experience significant growth, with revenue expected to reach USD 6 billion by 2023. In particular, the Mobile Phone industry stands out with the expected majority contribution to the market, reaching 4 billion USD by 2023. Forecasts show a steady annual growth rate, with an integrated annual growth rate (CAGR 2023-2026) of 0.91%, resulting in a market volume of USD 6 billion by 2026. In the global context, China is expected to play an important role, achieving the highest revenue compared to other countries with an impressive figure of $161 billion by 2023. The excellence of the Equipment market is testament to its important role and potential impact on the global economic landscape.
According to IDC, spending on DaaS in Vietnam is expected to grow at a compound annual growth rate (CAGR) of 25% from 2022 to 2027. By 2027, spending on DaaS is expected to account for 12% of total IT spending in Vietnam, up from 5% in 2022.
Year | Software and IT services | Hardware | DaaS | Total IT spending |
---|---|---|---|---|
2022 | 50 | 25 | 10 | 85 |
2023 | 60 | 30 | 12.5 | 102.5 |
2024 | 75 | 35 | 15 | 125 |
2025 | 90 | 40 | 17.5 | 157.5 |
2026 | 105 | 45 | 20 | 170 |
2027 | 120 | 50 | 22.5 | 192.5 |
With the increasing need to reduce IT costs and optimize performance, SMEs in Vietnam are actively looking for suitable solutions, in which DaaS is seen as the option to help them achieve these goals. Ricoh, as an international technology provider, recognizes the potential of the future and embraces transformations driven by innovative thinking. We are committed to improving the quality of work through innovation, collaboration and the use of cutting-edge technology to develop digital workspaces.
At Ricoh, we put listening first to provide innovative solutions, products and services that align with your business goals. At the same time, we are committed to supporting you to overcome challenges by providing accurate information and available technology, ensuring safety and relevance for everyone.
Accompanying the above commitment, RICOH and ASUS are pleased to bring the best products and services to customers. Ricoh expands its provision of equipment services to solve the problems of SMEs in Vietnam, including a subscription management service model, affordable and easy to control, reputable and quality brand, strong financial capacity to bring peace of mind to customers, as well as all-inclusive service packages.
Contact for RICOH advice:
- Email: [email protected]
- Hotline: 028 3528 5252
Here are some moments at the signing ceremony between RICOH and ASUS:
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