What is Equipment Rental Software Market?
Equipment rental software provides rental companies with business tools that help to manage orders, equipment maintenance and tracking, and back-office operations of recreational equipment, heavy equipment, and other equipment rental businesses. This software helps to inventory management, track equipment maintenance and perform many back-office functions such as accounting. This software designed for all rental businesses except car rentals. The factors such as High Benefits such as Improved Revenue and Increased Customer Satisfaction and Increased Applications of Equipment Rental Software are driving the global equipment rental software market.
The market study is being classified and major geographies with country level break-up.
Wynne Systems Inc (United States), Point of Rental (United States), Rentrax (Canada), Alert Management Systems Corp. (United States), eSUB Inc. (United States), EZ Web Enterprises, Inc. (United States), HireHop (United Kingdom), FleetMaster (Belgium), BCS Prosoft, Inc. (United States) and Orion Software Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Orion Software Inc (United States) and Booqable (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Equipment Rental Software market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Equipment Rental Software market by Type, Application and Region.
On the basis of geography, the market of Equipment Rental Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Benefits such as Improved Revenue and Increased Customer Satisfaction
- Increased Applications of Equipment Rental Software
- Increased Adoption of Cloud-Based Solutions
- High Cost of the Equipment Rental Software
- Increased Demand for Equipment Rental Service
- Growth in the Service Industry Worldwide
- Technological Complexities Associated with Equipment Rental Software
Recently, Wynne Systems, the leading global Enterprise Resource Planning (ERP) solution for equipment rental and construction verticals, recently launched RenterLink, an m-Commerce application. RenterLink facilitates rental transactions between rental companies and their customers using mobile devices. It is built with deep integration to Wynne Systemsí RentalMan ERP solution and can function as a mobile app that travels with renters from the office to construction sites and beyond.
Key Target AudienceEquipment Rental Software Developers, Emerging Companies, Research Professionals and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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