Worldwide IT Leasing and Financing Market to Exceed $100 Billion by 2010: IDC

Worldwide IT leasing and financing market, encompassing leasing or financing IT equipment, software, and IT-related services, exceeded $70 billion worldwide in 2006, and will pass the $100 billion mark by 2010, growing at a compound annual growth rate (CAGR) of more than 8%, according to IDC. 


  • In 2006, equipment leasing accounted for approximately 70% of the worldwide leasing and financing volume. 
  • By 2010, IDC predicts that this share will drop by about twenty percentage points, while software and services financing will comprise approximately 50% of the worldwide market.

Key market leaders include CIT Group, GE Capital, HP Financial Services, IBM Global Financing, Microsoft Financing and Oracle Financing Division. 

Previous: « Broadband Internet Access Reaches 77% - Wireless Connectivity To Drive Next Phase¬†

Next : » Worldwide PC Shipments Hit 62.7 million in Q1 2007, Says Gartner

  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES

Enter Email for Daily Feed Delivery:

Essential Business Books