Asset Finance Software Market Report 2026

The asset finance software market size has grown strongly in recent years. It will grow from $4.3 billion in 2025 to $4.66 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to expansion of equipment leasing activities, rising demand for structured asset financing, growth of commercial vehicle financing, increasing reliance on digital finance systems, availability of enterprise finance software.

The asset finance software market size is expected to see strong growth in the next few years. It will grow to $6.55 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to increasing adoption of ai-driven credit assessment, rising demand for scalable cloud deployments, expansion of subscription-based asset financing, growing focus on real-time portfolio analytics, increasing integration with core banking platforms. Major trends in the forecast period include increasing adoption of cloud-based leasing platforms, rising use of automated asset lifecycle management, growing integration of analytics for credit decisioning, expansion of end-to-end lease management solutions, enhanced focus on regulatory-compliant finance software.

The anticipated expansion of new business finance models is set to drive the growth of the asset finance software market. Business expansion, indicated by consecutive quarters of real GDP growth, is facilitated by asset finance software, which assists businesses in identifying the right equipment for their needs by providing information on various equipment types, including features, prices, and availability. As an example, in May 2023, the Finance & Leasing Association (FLA), a UK-based industry association representing the asset finance and leasing sectors, reported a notable 14% increase in total asset finance new business in March 2023 compared to the same month in 2022. Furthermore, in Q1 2023, new business exhibited a 14% rise compared to Q1 2022. The business new car and commercial vehicle finance sectors experienced substantial growth, with new business surging by 54% and 23%, respectively, compared to March 2022. This surge in demand for branded equipment and new business finance models is a key driver behind the growth of the asset finance software market.

Leading companies in the asset finance software market are concentrating on developing advanced, cloud-native solutions to enhance automation, strengthen lifecycle management, and improve overall operational efficiency. Cloud-native asset finance platforms incorporate modern technologies such as AI-driven decisioning, configurable workflows, and real-time data processing to enable lenders to optimize originations, servicing, collections, and reporting. For example, in October 2024, Alfa Financial Software Holdings plc, a UK-based asset finance technology company, launched Alfa Systems 6, its next-generation asset finance software platform designed to support the full lifecycle of automotive, equipment, wholesale, and dealer finance. The platform features significant improvements, including intelligent automation, expanded origination capabilities, ESG-aligned financing options, enhanced servicing tools, and a fully modular cloud architecture. Alfa Systems 6 is designed to help finance providers increase operational agility, modernize their technology stack, and scale efficiently across global markets.

In September 2024, Axway, a software company based in France, acquired Sopra Banking Software for an undisclosed sum. This acquisition is intended to strengthen Axway's capabilities in banking and financial services, positioning it as a significant player in the enterprise software sector. Sopra Banking Software is also a France-based company specializing in banking software solutions.

Major companies operating in the asset finance software market are Alfa Financial Software, FIS Global, Oracle Corporation, SAP SE, Linedata Services, Fiserv Inc., Odessa Technologies, Sopra Banking Software, Constellation Financing Systems, Banqsoft AS, Cloud Lending Solutions, Solifi, NetSol Technologies Inc., Codix Group, Miles Software, Finastra, SS&C Technologies, Tavant Technologies, Alfa Systems, International Decision Systems.

North America was the largest region in the global asset finance software market size in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the asset finance software market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the asset finance software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The asset finance software market includes revenues earned by entities by providing professional and managed services, including hire purchase, invoice finance, and factoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. The asset finance software market also consists of sales of lease management software and asset tracking software. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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