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 SWOT Analysis Chapter
IBISWorld estimates that the Computer and Printer Leasing industry is in the declining phase of its life cycle. Over the 10 years to 2019, the industry's value added, which measures its contribution to the US economy, is expected to increase at an average annual rate of just 1.1%, significantly below the 2.5% annualized growth of GDP over the same period. The industry's contribution to the economy is diminishing, which indicates that it is in the declining stage of its life cycle.
The industry's long-term decline has been ushered by the falling price of computers and peripheral equipment, encouraging businesses and household customers to purchase rather than lease equipment... purchase to read more