As per industry research, the large enterprise sub-segment has emerged as the dominant player, accounting for the highest revenue share. Lease management plays a crucial role in streamlining the operational activities of large organizations, and there is a growing demand among major companies for professional management of their leasing portfolios.
By end-use industry, the manufacturing sub-segment held the largest market size in 2021, while the retail sub-segment is anticipated to be the fastest-growing. Lease management software is particularly vital in manufacturing units, where leases and contracts between dealers require meticulous monitoring of all transactions. These factors are expected to significantly influence the growth of the lease management market in the coming years.
Copyright GerminIT © 2024. All Rights Reserved.