Software Rental Service Market

Software Rental Service Market, By Software Type (Productivity Software, Creative Software, Accounting and Finance Software, Customer Relationship Management (CRM) Software, Enterprise Resource Planning (ERP) Software, Project Management Software, Collaboration and Communication Software, and Others), By Subscription Model (Monthly Rental, Annual Rental, and Pay-as-You-Go), By Deployment Type (Cloud-based and On-premises Enterprise Size: Small and Medium-sized Enterprises (SMEs) and Large Enterprises), By Industry Vertical (BFSI, IT and Telecommunication, Healthcare, Government and Education, Automotive, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)


Global software rental service market has witnessed significant growth in the recent years. With developments in cloud computing technology, many businesses are opting for rental software as these provide operational flexibility without large upfront capital investments. This has prompted established software vendors to offer subscription-based pricing models for their products. The cloud-based rental models allow small and medium enterprises an easy access to advanced software solutions for improving business processes. Rental services help businesses to test software solutions before making long term commitments. This lowers procurement risk and helps to optimize technology spending. With increasing connectivity and ease of accessing cloud-based services globally, global software rental market is expected to witness growth steadily in the near future

Market Dynamics:

Some of the major factors driving growth in the global software rental service market include the rising popularity of the subscribe-to-use model over outright purchases, increasing digitalization of industries, and cost advantages of rental models for SMBs and individual users. However, data security and privacy concerns regarding sensitive user information stored on leased cloud software could hamper adoption rates. The growing cloud computing industry also presents lucrative opportunities for market players to offer value-added services on rented platforms. Innovation in business models to provide pay-as-you-go pricing schemes can further boost the customer base.

Key features of the study:
  • This report provides in-depth analysis of the global software rental service market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global software rental service market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Adobe Inc., Microsoft Corporation, Salesforce.com, Inc., Oracle Corporation, Intuit Inc., SAP SE, Autodesk, Inc., IBM Corporation, Dropbox, Inc., Slack Technologies, Inc., Google LLC, Zoom Video Communications, Inc., Atlassian Corporation Plc, ServiceNow, Inc., HubSpot,Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global software rental service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global software rental service market
Global Software Rental Service Market Detailed Segmentation:
  • By Software Type:
  • Productivity Software
  • Creative Software
  • Accounting and Finance Software
  • Customer Relationship Management (CRM) Software
  • Enterprise Resource Planning (ERP) Software
  • Project Management Software
  • Collaboration and Communication Software
  • Others
  • By Subscription Model:
  • Monthly Rental
  • Annual Rental
  • Pay-as-You-Go
  • By Deployment Type:
  • Cloud-based
  • On-premises
  • By Enterprise Size:
  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises
  • By Industry Vertical:
  • BFSI
  • IT and Telecommunication
  • Healthcare
  • Government and Education
  • Automotive
  • Others
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East &Africa
  • Company Profiles:
  • Adobe Inc.
  • Microsoft Corporation
  • Salesforce.com, Inc.
  • Oracle Corporation
  • Intuit Inc.
  • SAP SE
  • Autodesk, Inc.
  • IBM Corporation
  • Dropbox, Inc.
  • Slack Technologies, Inc.
  • Google LLC
  • Zoom Video Communications, Inc.
  • Atlassian Corporation Plc
  • ServiceNow, Inc.
  • HubSpot, Inc.


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Software Type
Market Snippet, By Subscription Model
Market Snippet, By Deployment Type
Market Snippet, By Enterprise Size
Market Snippet, By Industry Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Cost Efficiency
Flexibility and Scalability
Access to Latest Software Versions and Updates
Enhanced Collaboration and Remote Access
Restraints
Resistance to Subscription Models
Limited Customization Options
Data Security Concerns
Opportunities
Small and Medium-sized Enterprises (SMEs) Adoption
Industry-Specific Software Rentals
Integration and Customization Services
Value-Added Services
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Software Rental Service Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Software Rental Service Market, By Software Type, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Productivity Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Creative Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Accounting and Finance Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Customer Relationship Management (CRM) Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Enterprise Resource Planning (ERP) Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Project Management Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Collaboration and Communication Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
6. Global Software Rental Service Market, By Subscription Model, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Monthly Rental
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Annual Rental
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Pay-as-You-Go
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
7. Global Software Rental Service Market, By Deployment Type, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Cloud-based
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
On-premises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
8. Global Software Rental Service Market, By Enterprise Size, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Small and Medium-sized Enterprises (SMEs)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Large Enterprises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
9. Global Software Rental Service Market, By Industry Vertical, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
BFSI
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
IT and Telecommunication
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Government and Education
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
10. Global Software Rental Service Market, By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Subscription Model, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Bn)
Market Share Analysis, By Country, 2018 and 2030
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Subscription Model, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Bn)
Market Share Analysis, By Country, 2018 and 2030
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Subscription Model, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Bn)
Market Share Analysis, By Country, 2018 and 2030
China
India
Japan
Australia
South Korea
ASEAN
Rest Of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Subscription Model, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Bn)
Market Share Analysis, By Country, 2018 and 2030
Brazil
Mexico
Rest Of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Subscription Model, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2018-2030, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Bn)
Market Share Analysis, By Country, 2018 and 2030
South Africa
GCC Countries
Rest of the Middle East & Africa
11. Competitive Landscape
Adobe Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Microsoft Corporation
Salesforce.com, Inc.
Oracle Corporation
Intuit Inc.
SAP SE
Autodesk, Inc.
IBM Corporation
Dropbox, Inc.
Slack Technologies, Inc.
Google LLC
Zoom Video Communications, Inc.
Atlassian Corporation Plc
ServiceNow, Inc.
HubSpot, Inc.
Analyst Views
12. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Software Rental Service Market” - Global forecast to 2030

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