Although the ability to use and return rented equipment within various timeframes encourages industry clients to lease industry products, the Computer and Printer Leasing industry has declined considerably for well over a decade. Although the necessity of computers and printers has grown, the price of computers and peripheral equipment has steadily declined, making it less expensive for industry customers to purchase equipment. Coupled with the competitive nature of the industry and high external competition, these trends have resulted in the continued consolidation of the industry. In the five years to 2021, industry revenue is expected to decline as trends of the past five years continue to hold. Demand for traditional computer and printer rental and leasing will be undercut by the declining price of computers, while competition from new products, such as smartphones and tablet computers, will drastically undercut demand for traditional computer rental, one of the industry's largest segments.
This industry includes companies that lease or rent office machinery and equipment such as computers, printers, office furniture, copiers, facsimile (fax) machines and multifunction equipment. Lease terms may allow for an upgrade of the equipment during the lease period, purchase of equipment at an agreed residual price, servicing of equipment and supply of consumables, such as printer and toner cartridges.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.