Europe Equipment Rental Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On-Premise and Cloud-Based), Organization Size (Small and Medium Enterprises and Large Enterprises), and End Users (Manufacturing, Construction, Transportation, and Others)
The Europe equipment rental software market is expected to grow from US$ 80.51 million in 2021 to US$ 123.58 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2021 to 2028.
Rental software solutions improve the security of the data stored on servers. Traditionally, vital data is modified and destroyed in the process or storage, affecting business operations and resulting in losses. It aids in reducing data breaches by reducing security protocols. Moreover, software ensures that the data is stored on the cloud and can be retrieved 24x7, thereby ensuring optimum security. An authentication code is required when users try to obtain data, thus ensuring that the information is secure. There is also a physical security precaution to ensure that the server is not freely accessible to unauthorized individuals. Rental software also reduces the amount of time spent on rental administration, especially during peak times. A data spreadsheet will be fed with the data by the software, allowing progress to be tracked. In manual administrative tasks, the work is more prone to errors, which can be mitigated using software rental equipment software for administration. All data are automatically updated in the system, ensuring that the reports are updated frequently. As the software provides data, it will ensure that the organization has complete control over its finances, which is the most challenging task to manage. Therefore, enhanced security and accessibility for dealers are expected to fuel the equipment rental software market growth across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe equipment rental software market. The Europe equipment rental software market is expected to grow at a good CAGR during the forecast period.
Europe Equipment Rental Software Market Revenue and Forecast to 2028 (US$ Million)
Europe Equipment Rental Software Market Segmentation
The Europe equipment rental software market is segmented based on component, deployment, organization size, end users, and country. Based on component, the Europe equipment rental software market is segmented into software and services. The software segment dominated the market in 2020 and services segment is expected to be fastest growing during forecast period. Based on deployment, the Europe equipment rental software market is segmented into on-premise and cloud-based. The cloud-based segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on organization size, the Europe equipment rental software market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be fastest growing during forecast period. Based on end user, the Europe equipment rental software market is segmented into manufacturing, construction, transportation, and others. The construction segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the Europe equipment rental software market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe.
Booqable.com; EZRentOut; HQ Rental Software; inspHire Ltd; MCS Global Ltd; Orion Software Inc.; Point of Rental; and Wynne Systems are among the leading companies operating in the Europe equipment rental software market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Equipment Rental Software Market – By Component
1.3.2 Europe Equipment Rental Software Market – By Deployment
1.3.3 Europe Equipment Rental Software Market – By Organization Size
1.3.4 Europe Equipment Rental Software Market – By End User
1.3.5 Europe Equipment Rental Software Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Equipment Rental Software Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Equipment Rental Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Construction Industry
5.1.2 Better Security and Accessibility for Dealers
5.2 Market Restraints
5.2.1 Growing Acceptance of Leasing
5.3 Market Opportunities
5.3.1 Escalating Demand for Construction in Power Sector
5.4 Future Trends
5.4.1 Growth of IoT & Predictive Analysis
5.5 Impact Analysis of Drivers and Restraints
6. Equipment Rental Software Market – Europe Analysis
6.1 Europe Equipment Rental Software Market Overview
6.2 Europe Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Equipment Rental Software Market Analysis – By Component
7.1 Overview
7.2 Europe Equipment Rental Software Market, By Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Equipment Rental Software Market Analysis – By Deployment
8.1 Overview
8.2 Europe Equipment Rental Software Market, By Deployment (2020 and 2028)
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud-based
8.4.1 Overview
8.4.2 Cloud-based: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Equipment Rental Software Market Analysis – By Organization Size
9.1 Overview
9.2 Europe Equipment Rental Software Market, By Organization Size (2020 and 2028)
9.3 Small and Medium Enterprises (SME’s)
9.3.1 Overview
9.3.2 SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprise
9.4.1 Overview
9.4.2 Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Equipment Rental Software Market Analysis – By End Users
10.1 Overview
10.2 Europe Equipment Rental Software Market, By End Users (2020 and 2028)
10.3 Manufacturing
10.3.1 Overview
10.3.2 Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Construction
10.4.1 Overview
10.4.2 Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Transportation
10.5.1 Overview
10.5.2 Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe Equipment Rental Software Market – Country Analysis
11.1 Overview
11.1.1 Europe: Equipment Rental Software Market, by Key Country
11.1.1.1 Germany: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Equipment Rental Software Market, By Component
11.1.1.1.2 Germany: Equipment Rental Software Market, By Deployment
11.1.1.1.3 Germany: Equipment Rental Software Market, By Organization Size
11.1.1.1.4 Germany: Equipment Rental Software Market, By End Users
11.1.1.2 France: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 France: Equipment Rental Software Market, By Component
11.1.1.2.2 France: Equipment Rental Software Market, By Deployment
11.1.1.2.3 France: Equipment Rental Software Market, By Organization Size
11.1.1.2.4 France: Equipment Rental Software Market, By End Users
11.1.1.3 Italy: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Italy: Equipment Rental Software Market, By Component
11.1.1.3.2 Italy: Equipment Rental Software Market, By Deployment
11.1.1.3.3 Italy: Equipment Rental Software Market, By Organization Size
11.1.1.3.4 Italy: Equipment Rental Software Market, By End Users
11.1.1.4 UK: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 UK: Equipment Rental Software Market, By Component
11.1.1.4.2 UK: Equipment Rental Software Market, By Deployment
11.1.1.4.3 UK: Equipment Rental Software Market, By Organization Size
11.1.1.4.4 UK: Equipment Rental Software Market, By End Users
11.1.1.5 Russia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Equipment Rental Software Market, By Component
11.1.1.5.2 Russia: Equipment Rental Software Market, By Deployment
11.1.1.5.3 Russia: Equipment Rental Software Market, By Organization Size
11.1.1.5.4 Russia: Equipment Rental Software Market, By End Users
11.1.1.6 Rest of Europe: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Equipment Rental Software Market, By Component
11.1.1.6.2 Rest of Europe: Equipment Rental Software Market, By Deployment
11.1.1.6.3 Rest of Europe: Equipment Rental Software Market, By Organization Size
11.1.1.6.4 Rest of Europe: Equipment Rental Software Market, By End Users
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 EZRentOut
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Booqable.com
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HQ Rental Software
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 inspHire Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MCS Global Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Orion Software Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Point of Rental
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Wynne Systems
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Equipment Rental Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. UK: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Equipment Rental Software Market Segmentation
Figure 2. Europe Equipment Rental Software Market Segmentation – By Country
Figure 3. Europe Equipment Rental Software Market Overview
Figure 4. Europe Equipment Rental Software Market, By Component
Figure 5. Europe Equipment Rental Software Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe Equipment Rental Software Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Equipment Rental Software Market Revenue Share, By Component (2020 and 2028)
Figure 11. Europe Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Equipment Rental Software Market Revenue Share, By Deployment (2020 and 2028)
Figure 14. Europe On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Cloud-based Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Equipment Rental Software Market Revenue Share, By Organization Size (2020 and 2028)
Figure 17. Europe SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Equipment Rental Software Market Revenue Share, By End Users (2020 and 2028)
Figure 20. Europe Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Equipment Rental Software Market, by Key Country – Revenue (2020) (US$ Million)
Figure 25. Europe: Equipment Rental Software Market Revenue Share, by Key Country (2020 & 2028)
Figure 26. Germany: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Russia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Europe: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
- Booqable.com
- EZRentOut
- HQ Rental Software
- inspHire Ltd
- MCS Global Ltd
- Orion Software Inc.
- Point of Rental
- Wynne Systems
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe equipment rental software market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe equipment rental software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the equipment rental software market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution