Electronics Products Rentals Market Insights Video

According to Cognitive Market Research, the global Electronics Products Rentals Market size was USD 20514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.50% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 8205.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6154.26 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4718.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 1025.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 410.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
• The Home Appliances category is the fastest growing segment of the Electronics Products Rentals industry