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Want To Rent Or Lease Goods? Online Apps To The Rescue!

Author: Praneeth Tbrc
by Praneeth Tbrc
Posted: Nov 30, 2018

With the rise in mobile phone and internet penetration, online portals and mobile applications are widely being used to rent or lease goods. These mobile applications and online portals consist of an interface that enables users to view products and choose the desired one to be rented. The online leasing portals may offer various types of products or specialize in a single product. Major products being widely offered for lease through online portals include electronics, furniture, appliances, cameras, automobiles and others. According to PricewaterhouseCoopers, around 44% of US adults are familiar with the sharing economy which includes leasing and global revenues for this market is expected to increase from $15 billion in 2014 to $335 billion by 2025.

THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL LEASING MARKET TO GROW TO $3 TRILLION BY 2021

Asia Pacific was the largest region in the leasing market in 2017, accounting for one-third of the market share.

Order the report at: https://www.thebusinessresearchcompany.com/report/leasing-global-market-report-2018

According to The Business Research Company’s Consultant, Nitin Gianchandani, hospitals and healthcare facilities are increasingly renting medical equipment to avoid huge investments in the purchase of scarcely used medical equipment. Many healthcare services companies are avoiding making investments in medical equipment which might not be used to its full potential as these investments are instead being used to develop other areas of the business.

Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=19&type=smp

Enterprise Holdings Inc. was the biggest player in the leasing market in 2017, with revenues of $21 billion in 2016. The company’s growth strategy is to expand its foot print in the global car leasing services market through strategic acquisitions. For instance, in June 2017, the company acquired Vride; a US based vanpooling company for undisclosed amount. [i]In July 2013, Enterprise Holdings completed the acquisition of Zimride, an online service provider in the US that connects drivers, passengers, partners and corporate campuses to facilitate sustainable transportation solutions.

The leasing services market comprises establishments that provide the use of a wide variety of tangible goods such as consumer goods, industrial machinery and equipment, automobiles and others and assign intangible assets such as trademarks to customers in return for a periodic rental or lease payment. Leasing industry in The Business Research Company’s report is segmented into automotive equipment rental and leasing; consumer goods and general rental centers; lessors of nonfinancial intangible assets; and machinery rental.

Leasing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office, the price is $1500 and $2000 if you wish to use across a multinational company.

About The Business Research Company

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

About the Author

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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Author: Praneeth Tbrc

Praneeth Tbrc

Member since: Nov 04, 2018
Published articles: 60

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