Enterprise Asset Leasing Market Report 2026

The enterprise asset leasing market size has grown rapidly in recent years. It will grow from $1.23 trillion in 2025 to $1.38 trillion in 2026 at a compound annual growth rate (CAGR) of 12%. The growth in the historic period can be attributed to growth of capital-intensive industries, increasing demand for operational flexibility, expansion of commercial vehicle leasing, rising adoption of industrial automation equipment, availability of structured leasing products.

The enterprise asset leasing market size is expected to see rapid growth in the next few years. It will grow to $2.17 trillion in 2030 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to increasing leasing demand for electric and sustainable assets, rising digitalization of lease lifecycle management, expansion of leasing among small and medium enterprises, growing focus on circular economy asset utilization, increased use of data-driven leasing risk assessment. Major trends in the forecast period include increasing preference for asset-light business models, rising demand for flexible leasing solutions, growing adoption of technology-enabled lease management, expansion of leasing for advanced and electric assets, enhanced focus on cost optimization and cash flow management.

The increasing demand for commercial vehicles is expected to drive the growth of the enterprise asset leasing market in the coming years. Commercial vehicles are used to transport goods or passengers for business purposes and are vital across industries such as logistics, transportation, construction, and public services. This demand is fueled by urbanization, industrial expansion, and a growing need for goods and services. Enterprise asset leasing facilitates commercial vehicle acquisition by offering businesses flexible financing solutions, allowing them to manage and maintain their fleets without large upfront investments. For example, in January 2024, the European Automobile Manufacturers Association, a Belgium-based automotive industry trade group, reported that 10.5 million new cars were sold across the European Union in 2023, representing a 13.9% increase compared to 2022. Consequently, the rising demand for commercial vehicles is contributing to the expansion of the enterprise asset leasing market.

Major companies operating in the enterprise asset leasing market are concentrating on creating innovative solutions such as device as a service (DaaS) to enhance operational efficiency, reduce upfront expenses, and provide flexible access to technology assets. Device as a service (DaaS) is a subscription-based financing model where enterprises or individuals acquire IT devices such as laptops, desktops, smartphones, tablets, or other hardware through periodic payments instead of purchasing them outright, with ownership remaining with the service provider. For example, in January 2024, Jio Financial Services Limited (JFS), an India-based public financial services company, introduced a DaaS-based rental service for laptops, mobile phones, and its proprietary AirFiber devices. Under this approach, JFS, via its subsidiary, leases devices rather than selling them, while handling maintenance, upgrades, and support. This solution allows enterprises to deploy and scale device fleets more effectively, streamlines asset management, preserves working capital, and enables customers to return or upgrade hardware as their business needs change.

In July 2023, Penske Truck Leasing, a US-based transportation and logistics company, acquired Star Truck Rentals and Kris-Way Truck Leasing for an undisclosed sum. This acquisition enables Penske to expand its fleet and geographic footprint, access new markets and clients, enhance operating efficiencies, and solidify its leadership position in the truck leasing industry. Star Truck Rentals provides full-service leasing and truck rental services, while Kris-Way Truck Leasing specializes in truck leasing services.

Major companies operating in the enterprise asset leasing market are General Electric Company, John Deere Financial, BNP Paribas SA, Komatsu Financial LP, Liebherr-International Deutschland GmbH, Wells Fargo & Company, Orix Corporation, LeasePlan Corporation N.V., United Rentals Inc., Deutsche Leasing AG, Fifth Third Bank, Ashtead Group plc, Bohai Leasing Co. Ltd., Herc Rentals Inc., Caterpillar Financial Services Corporation, CIT Group Inc., De Lage Landen International BV, Maxim Crane Works L.P., Ahern Rentals Inc., Marlin Business Services Corp., BlueLine Rental, Mitsubishi HC Capital Inc., Mexarrend S.A.P.I. de C.V., ICBC Financial Leasing Co. Ltd.

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

The enterprise asset leasing market includes revenues earned by entities through operating leases, finance leases, sales and leaseback, fleet leasing, and management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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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