Computer & Printer Leasing in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: June 2024
NAICS 53242Revenue
$4.2bn
Past 5-Year Growth
Profit
$XX.Xbn
Employees
10,366
Businesses
2,249
Wages
$XXX.Xm
Computer & Printer Leasing in the US industry analysis
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.
Trends and Insights
- 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.
- 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.
- The Southeast is the biggest region. The Southeast’s high population creates a lot of business opportunities.
- Consolidation expands market share concentration. Amid increasing competition, industry players are consolidating to cut costs and expand their market reach.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.3 % over the past five years, to reach an estimated $4.2bn in 2024.
Trends and Insights
Falling prices of computers limit revenue growth
- Industry demand has been undercut by the falling price of computers and peripheral equipment.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Future economic uncertainty is expected to slow revenue growth
- Inflation is still too high, and the Federal Reserve is determined to raise rates to stop it.
Biggest companies in the Computer & Printer Leasing in the US
| Company | Market Share (%)
2024 | Revenue ($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 |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
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.
Trends and Insights
Computer and printer rentals are the largest product segment
- Printer Products categorized in this segment include toner-based printers, ink-based printers and inkless printers. Multifunction centers (MFCs) are also included within this segment.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Copier & Office Equipment Wholesaling in the US
Complementors
- Computer Manufacturing in the US
- Computer Peripheral Manufacturing in the US
- Electrical Equipment Manufacturing in the US
- Finance and Insurance in the US
International industries
- Furniture, Appliance and Equipment Rental in Australia
- Furniture, Appliance and Equipment Rental in New Zealand
- Office Equipment Rental & Leasing in the UK
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Rental and leasing of cash registersComputer and computer peripheral equipment rental or leasingDuplicating machine rental or leasing (e.g. copiers)Leasing or rental of fax machinesMailing equipment rental or leasingOffice furniture rental or leasingCompanies
Csi Leasing, Inc.Hon Hai Precision Industry Co. LtdAdvantage OPCO LLCPurchase this report to view all 7 major companies in this industry.
Related Terms
LEASEMULTIFUNCTION CENTER (MFC)RENTROUTERPERIPHERALIndustry Code
NAICS 53242 - Computer & Printer Leasing in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
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...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
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.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Southeast is the biggest region. The Southeast’s high population creates a lot of business opportunities.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
Consolidation expands market share concentration. Amid increasing competition, industry players are consolidating to cut costs and expand their market reach.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Most of the largest companies in this industry are private. There is less information on the financial details of private companies.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Csi Leasing, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Hon Hai Precision Industry Co. Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Advantage OPCO LLC's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 4 additional companies
Detailed analysis
- Description and key data for Csi Leasing, Inc., and factors influencing its performance in the industry
- Description and key data for Hon Hai Precision Industry Co. Ltd, and factors influencing its performance in the industry
- Description and key data for Advantage OPCO LLC, and factors influencing its performance in the industry
- Description, key data and performance trends for 4 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
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...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit is relatively high. The rental rates charged to customers keep profit high.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Computer & Printer Leasing in the US industry in United States in 2024?
The market size of the Computer & Printer Leasing in the US industry in United States is $4.2bn in 2024.
How many businesses are there in the Computer & Printer Leasing in the US industry 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.
Has the Computer & Printer Leasing in the US industry in United States grown or declined over the past 5 years?
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.
What is the forecast growth of the Computer & Printer Leasing in the US industry in United States over the next 5 years?
Over the next five years, the Computer & Printer Leasing in the US industry in United States is expected to decline.
What are the biggest companies in the Computer & Printer Leasing in the US market in United States?
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
What does the Computer & Printer Leasing in the US in United States include?
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.
Which companies have the highest market share in the Computer & Printer Leasing in the US in United States?
The company holding the most market share in United States is Csi Leasing, Inc..
How competitive is the Computer & Printer Leasing in the US industry in United States?
The level of competition is high and increasing in the Computer & Printer Leasing in the US industry in United States.
