Computer & Printer Leasing in the US
Although the ability to use and return rented equipment within various timeframes encourages industry clients to lease industry products, the industry has declined for much of the 10 years to 2018. While the need for 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. However, low interest rates, rising private investments and growing corporate profit has contributed to revenue growth over the past five years. Over the five years to 2023, industry revenue is expected to decline as the detrimental factors plaguing the industry over much of the past 10 years persist. 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 permit 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.