Global Enterprise Asset Leasing Market to Reach US$ 2,866.1 Billion by 2032, Impelled by Increasing Number of Startups

August 04, 2022 | BFSI

IMARC Group’s latest report, titled “Enterprise Asset Leasing Market Report by Asset Type (Commercial Vehicles, Real Estate, IT Equipment, Machinery and Industrial Equipment, and Others), Leasing Type (Operating Lease, Financial Lease), Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), Industry Vertical (Manufacturing, Construction, IT and Telecom, Government and Public Sector, Transportation and Logistics, and Others), and Region 2024-2032,” finds that the global enterprise asset leasing market size reached US$ 1,066.5 Billion in 2023. Enterprise asset leasing is an agreement between two parties that provides the right to use goods and other assets against periodic payments. It facilitates renting of commercial equipment, utility vehicles, real estate, and information technology (IT) hardware and software. It allows organizations to acquire movable machinery with minimum capital investment and maintenance requirements for short- and long-term durations. Moreover, it offers taxation gains, excellent profitability, enhanced production capacity, security, and inflation resistance. As a result, enterprise asset leasing has gained immense traction across the IT, telecommunication, manufacturing, automotive, construction, transportation, and logistics industries.

Global Enterprise Asset Leasing Market Trends:

The increasing number of startups coupled with rapid industrialization represents the primary factor driving market growth. Besides this, enterprise asset leasing enables organizations to rent equipment instead of purchasing it to eliminate business risks and minimize losses. In addition, there has been a significant shift toward asset leasing among small and medium-sized enterprises (SMEs) for acquiring advanced IT equipment. Along with this, the escalating demand for innovative commercial equipment to conduct business operations has accelerated the adoption of enterprise asset leasing. Furthermore, the leading players are introducing 360-degree asset leasing and rental services for fixed and mobile assets. In line with this, the launch of innovative platforms that integrate solutions for the effective management of stock, warranty, fleet operations, permits, and compliance for the equipment is positively influencing the market growth. Other factors, including the surging average price of utility vehicles, easy product availability at economical interest rates, favorable government policies, rising budgetary restrictions, and technological advancements, are also providing a positive thrust to the market growth. Looking forward, IMARC Group expects the market value to reach US$ 2,866.1 Billion by 2032, expanding at a CAGR of 11.3% during the forecast period (2024-2032).

Market Summary:

  • The market has been divided based on the asset type into commercial vehicles, real estate, IT equipment, machinery and industrial equipment, and others. 
  • On the basis of the leasing type, the market has been classified as operating and financial leases. 
  • Based on the enterprise size, the market has been bifurcated into small and medium-sized, and large enterprises. 
  • The market has been categorized based on the industry vertical into manufacturing, construction, IT and telecom, government and public sector, transportation and logistics, and others. 
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being BNP Paribas SA, Bohai Leasing Co. Ltd., General Electric Company, ICBC Financial Leasing Co. Ltd. (Industrial and Commercial Bank of China Ltd.), Mexarrend S.A.P.I. de C.V., Mitsubishi HC Capital Inc., National Westminster Bank plc, ORIX Corporation, Societe Generale Group, and White Oak Financial LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Asset Type, Leasing Type, Enterprise Size, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BNP Paribas, Bohai Leasing Co. Ltd., General Electric Company, ICBC Financial Leasing Co. Ltd (Industrial and Commercial Bank of China Limited), Mexarrend S.A.P.I. de C.V., Mitsubishi HC Capital Inc., National Westminster Bank plc, ORIX Corporation, Societe Generale, and White Oak Financial LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Enterprise Asset Leasing Market to Reach US$ 2,866.1 Billion by 2032, Impelled by Increasing Number of Startups
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More