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Global Leased Asset Management Solutions Market: Introduction

Leased asset management solutions can be defined as fully integrated solutions for the management of lease and underlying assets. Leased asset management solutions ensure that cost and space utilization are factored in for performance management; divisions comply with regulatory requirements; and leases are managed according to the terms of the agreement.

The major advantage of a leased asset management solutions is that it ensures compliance, tracking leased equipment, and lease accounting for payable and receivable. This ensures efficiency in management of assets which a company acquires on rent for a long term basis. Due to multiple advantages of leased asset management solutions, the demand for such solutions is expected to rise in the coming future at a healthy CAGR.

leased asset management solutions market

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Global Leased Asset Management Solutions Market – Dynamics

Increasing Focus on Digitization Driving Growth of the Leased Asset Management Solutions Market

Growing Demand for Unified Solutions for Leased Asset Management

Unified leased asset management solutions provide capabilities such as site selection and acquisition, payables lease administration and accounting (lessee), receivables lease administration and accounting (lessor), automation in-site acquisition, compliance fulfilment a complete package.  Unified solutions are highly demanded as it automates and unifies various accounting related features in a common context and experience. As a result, enterprises (especially the large ones) these days require a complete package which offers advanced unified solution features. This is expected to drive the demand for leased asset management solutions.

Increasing Adoption of Digitization for Accounting Functions

Across the globe, adoption of digitized tools to manage accounting functions has increased rapidly. Accounting handling software has considerably increased efficiency as well as reduced the chances of error. SMEs are adopting such tools and software at a sizable rate. The adoption from SMEs for accounting and related administrative work is driving the demand for leased asset management solutions.

Software Compatibility Issues Restricting the Growth of the Market

Many users find themselves restricted due to compatibility issues. In addition, most leased asset management solutions require to have additional software to function efficiently. Certain viewing software may impose an additional expense on the user. Compatibility and cost of integration is hampering the growth of the leased asset management solutions market.

North America Expected to Dominate the Global Leased Asset Management Solutions Market

In terms of region, the global leased asset management solutions market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global leased asset management solutions market during the forecast period, as the adoption of digitized technology within SMEs in North America is comparatively high compared to other regions.

leased asset management solutions market 1

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Global Leased Asset Management Solutions Market – Competitive Landscape

  • In October 2018, Innovation Finance and Odessa Technologies entered into a strategic partnership wherein Odessa Technologies would provide customized solutions to Innovation Finance to manage lease and loan accounting.
  • In July 2018, LEAF Commercial Capital, Inc. selected Odessa Platform and the LeaseWave Product Suite. LEAF Commercial Capital, Inc. is thus expected to enhance equipment leasing operations with LeaseWave.

Oracle Corporation

Established in 1977, Oracle Corporation provides dedicated solutions for financial management, covering multiple functions such as finance and accounting, billing, revenue recognition, financial planning, and financial reporting. Furthermore, the company has gained expertise in cloud based solutions. The company provides a solution named PeopleSoft Lease Administration for leased asset management.

Odessa Technologies

Incorporated in 1998, Odessa Technologies offers lease accounting and asset management software for financial institutions. The company holds LeaseWave Product Suite, Equipment Finance, Fleet Management, and Mobility, Analytics in its product portfolio.

Global Leased Asset Management Solutions Market: Segmentation

The global leased asset management solutions market can be segmented based on:

  • Component
  • Enterprise Size
  • Region

Global Leased Asset Management Solutions Market, by Component

Based on component, the global leased asset management solutions market can be divided into:

  • Hardware
  • Software
  • Services

Global Leased Asset Management Solutions Market, by Enterprise Size

Based on enterprise size, the global leased asset management solutions market can be segregated into:

  • Small & Medium Enterprise
  • Large Enterprise

Regional analysis of the global leased asset management solutions market includes:

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
leased asset management solutions market 2


This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Leased Asset Management Solutions Market