Industry Analysis & Industry Trends
After a period of declines related to decreasing business sentiment and rising interest rates, the industry is expected to move forward over the next five years. As businesses become more confident and look to new technology like multifunction centers (MFCs) to edge out competition, revenue will benefit. Still, some businesses will be slower to adapt to the improving economy and hold on to existing equipment longer than usual... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years to 2014, Computer and Printer Leasing industry revenue is expected to grow at a subdued average annual rate of 1.1%, reaching $6.7 billion in 2014. Industry companies, which lease or rent office machinery and equipment (e.g. computers, printers, office furniture, copiers, fax machines and multifunction equipment) are particularly sensitive to changes in economic activity and business and consumer sentiment. The economy's slow but steady growth will prove favorable for the industry, and revenue is expected to grow 2.9% in 2014.
Trends toward outsourcing office equipment purchases and rapid technological change toward multifunction centers (MFCs) have particularly contributed to solid industry growth... purchase to read more