Market Overview:
The global equipment leasing software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for leasing software from large enterprises and SMEs across the globe. Additionally, the growing adoption of cloud-based and web-based leasing software is also contributing to the growth of this market. North America is expected to lead the global equipment leasing software market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Equipment leasing software is a type of application that helps companies manage their leases and track payments. This type of software is important because it can help businesses save time and money by automating many of the tasks associated with lease management.
Cloud Based:
Cloud-based solutions are expected to gain traction in the leasing industry over the forecast period. The major factor driving this growth is cost reduction and increased efficiency for enterprises. Cloud based software helps end users to lease equipment with no manual intervention, which reduces human errors and speeds up the entire process of leasing by eliminating time-consuming steps such as entering data manually or verifying details entered by user.
Web Based:
The global web-based and its usage in the equipment leasing software market size was valued at USD 1.22 billion in 2016. The industry is expected to witness a significant growth owing to the increasing adoption of cloud-based solutions by end users for streamlining their business operations, including lease management, accounting, and reporting.
In addition, benefits offered by these solutions such as flexibility & scalability along with cost efficiency are anticipated to drive industry growth over the forecast period.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Large enterprises are generally more inclined towards adopting modern technologies such as cloud based software as they offer various advantages such as improved management of data, cost savings, and enhanced security. The adoption of leasing software by large enterprises has been growing steadily over the past few years owing to these benefits along with other advantages offered by this software such as ease of use and flexibility in contract terms.
SMEs are generally less prone towards adopting advanced technologies but still prefer web based or cloud based solutions due to their limited IT resources at hand.
Regional Analysis:
The market in North America accounted for the largest revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030. This growth can be attributed to factors such as increasing adoption of advanced technologies and high demand for cost-effective solutions among enterprises operating across various industries. Furthermore, presence of prominent equipment leasing service providers such as A2i Limited and LEASE RUN S.A., is also contributing towards regional growth.
Asia Pacific is anticipated to emerge as the fastest-growing region during the forecast period owing to significant developments taking place at a rapid pace in several economies including China, India and Australia (Oz). Growing industrialization coupled with rising investments by governments in these countries are some other major factors driving regional growth over the next eight years or so.
Growth Factors:
- Increasing demand for leased equipment due to the growth of businesses and the need for capital expenditure (CAPEX) financing.
- The increasing popularity of leasing as a financing option, which is due to its benefits such as tax advantages, flexible payment terms, and lower costs than traditional loans.
- The growing number of small businesses that are using leasing to finance their operations, as they find it more difficult to obtain bank loans or other forms of credit.
- The increasing use of technology in business operations, which has led to an increase in the demand for leased equipment that is equipped with the latest features and technologies.
- The expansion of global trade and commerce, which has resulted in an increase in the number of companies that are using leased equipment to support their operations overseas
Scope Of The Report
Report Attributes
Report Details
Report Title
Equipment Leasing Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
LeaseWave, Cassiopae, Constellations, Asset Panda, Visual Lease, IMNAT Software, VTS, Soft4Leasing, Accruent, Nomos One, Dominion Leasing Software, NETSOL Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Equipment Leasing Software Market Report Segments:
The global Equipment Leasing Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LeaseWave
- Cassiopae
- Constellations
- Asset Panda
- Visual Lease
- IMNAT Software
- VTS
- Soft4Leasing
- Accruent
- Nomos One
- Dominion Leasing Software
- NETSOL Technologies
Highlights of The Equipment Leasing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Equipment Leasing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Equipment leasing software is a computer application that helps businesses lease and manage equipment. It can help businesses find the best equipment for their needs, track the status of leased equipment, and make payments on leases.
Some of the major companies in the equipment leasing software market are LeaseWave, Cassiopae, Constellations, Asset Panda, Visual Lease, IMNAT Software, VTS, Soft4Leasing, Accruent, Nomos One, Dominion Leasing Software, NETSOL Technologies.
The equipment leasing software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Equipment Leasing Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Equipment Leasing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Equipment Leasing Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Equipment Leasing Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Equipment Leasing Software Market Size & Forecast, 2018-2028
4.5.1 Equipment Leasing Software Market Size and Y-o-Y Growth
4.5.2 Equipment Leasing Software Market Absolute $ Opportunity
Chapter 5 Global Equipment Leasing Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Equipment Leasing Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Equipment Leasing Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Equipment Leasing Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Equipment Leasing Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Equipment Leasing Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Equipment Leasing Software Analysis and Forecast
9.1 Introduction
9.2 North America Equipment Leasing Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Equipment Leasing Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Equipment Leasing Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Equipment Leasing Software Analysis and Forecast
10.1 Introduction
10.2 Europe Equipment Leasing Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Equipment Leasing Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Equipment Leasing Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Equipment Leasing Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Equipment Leasing Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Equipment Leasing Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Equipment Leasing Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Equipment Leasing Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Equipment Leasing Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Equipment Leasing Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Equipment Leasing Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Equipment Leasing Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Equipment Leasing Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Equipment Leasing Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Equipment Leasing Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Equipment Leasing Software Market: Competitive Dashboard
14.2 Global Equipment Leasing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LeaseWave
14.3.2 Cassiopae
14.3.3 Constellations
14.3.4 Asset Panda
14.3.5 Visual Lease
14.3.6 IMNAT Software
14.3.7 VTS
14.3.8 Soft4Leasing
14.3.9 Accruent
14.3.10 Nomos One
14.3.11 Dominion Leasing Software
14.3.12 NETSOL Technologies
