$4.2bn
$XX.Xbn
10,366
2,249
$XXX.Xm
The industry services a wide variety of clients, including private businesses, households and the government. Instead of leasing equipment, many are more likely to purchase equipment outright since the price of computers and peripheral equipment has steadily declined and interest rates have been low. The industry faces high levels of both internal and external competition. The need for up-to-date technology alongside an extended period of low interest rates benefited the industry, as these make it advantageous for consumers and businesses to rent or lease computers. But, with the COVID-19 pandemic, many operators have either cancelled or postponed unnecessary expenditures, including further leasing computer and printer equipment, slowing revenue growth. Computer & printer leasing revenue has been growing at an annualized 1.9% over the past five years – including an estimated 0.2% drop in the current year – and is expected to total $4.2 billion in 2023, with profit margins set to drop to 19.7%.Computer & printer leasing revenue is expected to drop at an annualized 0.3% to $4.2 billion over the five years to 2028, when profit margins are estimated to drop to 19.7%. Demand for traditional computer and printer rental and leasing will likely be decelerated by the declining price of computers and the increasing popularity of other products, such as smartphones and tablet computers. Moreover, increased interest rates are expected to further slowdown the economy, as it increases the overall cost of renting office products.
Industry revenue has grown at a CAGR of 0.3 % over the past five years, to reach an estimated $4.2bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Csi Leasing, Inc. | 427.2 | 30.4 | 7.1 | |
Hon Hai Precision Industry Co. Ltd | 283.2 | 39.4 | 13.9 | |
Advantage OPCO LLC | 83.5 | 11.6 | 13.9 |
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Industry revenue is measured across several distinct product and services lines, including Computer and printer rental, Other peripheral equipment rental and Office furniture rental. Computer and printer rental is the largest segment of the Computer & Printer Leasing in the US.
Computer and printer rentals are the largest product segment
This industry includes companies that lease or rent office machinery and equipment such as computers, printers, office furniture, copiers, 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.
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NAICS 53242 - Computer & Printer Leasing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Instead of leasing equipment, many are more likely to purchase equipment outright since the price of computers and peripheral equipment has steadily declined and interest rate...
Learn about an industry's products and services, markets and trends in international trade.
Computer and printer rentals are the largest product segment. Consumers prefer to purchase computers and printers as they lower in price and increase in capabilities.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Southeast is the biggest region. The Southeast’s high population creates a lot of business opportunities.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Consolidation expands market share concentration. Amid increasing competition, industry players are consolidating to cut costs and expand their market reach.
Learn about the performance of the top companies in the industry.
Most of the largest companies in this industry are private. There is less information on the financial details of private companies.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The industry is subject to a medium level of regulation, a trend that is expected to hold steady. These relate to state consumer protection laws, particularly those associate...
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Profit is relatively high. The rental rates charged to customers keep profit high.
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Computer & Printer Leasing in the US industry in United States is $4.2bn in 2024.
There are 2,249 businesses in the Computer & Printer Leasing in the US industry in United States, which has grown at a CAGR of 0.3 % between 2019 and 2024.
The market size of the Computer & Printer Leasing in the US industry in United States has been growing at a CAGR of 0.3 % between 2019 and 2024.
Over the next five years, the Computer & Printer Leasing in the US industry in United States is expected to decline.
The biggest companies operating in the Computer & Printer Leasing market in United States are Csi Leasing, Inc., Hon Hai Precision Industry Co. Ltd and Advantage OPCO LLC
Rental and leasing of cash registers and Computer and computer peripheral equipment rental or leasing are part of the Computer & Printer Leasing in the US industry.
The company holding the most market share in United States is Csi Leasing, Inc..
The level of competition is high and increasing in the Computer & Printer Leasing in the US industry in United States.