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NAICS Code 532420-03 Description (8-Digit)

The Computers-Renting & Leasing industry involves the rental and leasing of computers and related equipment to businesses and individuals. This industry provides a cost-effective solution for those who require access to up-to-date technology without the need for a large upfront investment. Companies in this industry typically offer a range of services, including installation, maintenance, and technical support.

Hierarchy Navigation for NAICS Code 532420-03

Tools

Tools commonly used in the Computers-Renting & Leasing industry for day-to-day tasks and operations.

  • Computer servers
  • Laptops
  • Desktop computers
  • Tablets
  • Printers
  • Scanners
  • Projectors
  • Networking equipment
  • Software licenses
  • Backup and recovery systems

Industry Examples of Computers-Renting & Leasing

Common products and services typical of NAICS Code 532420-03, illustrating the main business activities and contributions to the market.

  • Computer rental for events
  • Leasing of laptops for remote workers
  • Rental of desktop computers for short-term projects
  • Leasing of tablets for educational institutions
  • Rental of printers and scanners for offices
  • Leasing of networking equipment for small businesses
  • Computer rental for gaming tournaments
  • Leasing of projectors for presentations
  • Rental of software licenses for temporary employees
  • Leasing of backup and recovery systems for data protection

Certifications, Compliance and Licenses for NAICS Code 532420-03 - Computers-Renting & Leasing

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Comptia A+ Certification: This certification is required for computer technicians and validates their skills in hardware, software, and troubleshooting. It is provided by the Computing Technology Industry Association (CompTIA).
  • Microsoft Certified Solutions Expert (MCSE): This certification is required for professionals who design and implement business solutions using Microsoft technologies. It is provided by Microsoft.
  • Cisco Certified Network Associate (CCNA): This certification is required for professionals who install, configure, and troubleshoot Cisco network devices. It is provided by Cisco.
  • Certified Information Systems Security Professional (CISSP): This certification is required for professionals who design, implement, and manage cybersecurity programs. It is provided by the International Information System Security Certification Consortium (ISC)².
  • Certified Data Center Professional (CDCP): This certification is required for professionals who design, build, and manage data centers. It is provided by the Data Center Authority (DCA).

History

A concise historical narrative of NAICS Code 532420-03 covering global milestones and recent developments within the United States.

  • The Computers-Renting & Leasing industry has been around since the 1960s, with IBM being one of the first companies to offer computer leasing services. In the 1970s, the industry saw significant growth as more businesses began to adopt computer technology. The 1980s saw the introduction of personal computers, which led to an increase in demand for computer rentals and leasing. In recent years, the industry has continued to evolve with the rise of cloud computing and the increasing popularity of subscription-based software services. In the United States, the industry has seen steady growth over the past decade, with an increasing number of businesses opting for rental and leasing options to keep up with the latest technology trends.

Future Outlook for Computers-Renting & Leasing

The anticipated future trajectory of the NAICS 532420-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Computers-Renting & Leasing industry in the USA is positive. The industry is expected to grow due to the increasing demand for cloud computing and the need for businesses to upgrade their hardware and software. The rise of remote work and the need for flexible IT solutions are also expected to drive growth in the industry. Additionally, the increasing popularity of subscription-based models and the growing trend of outsourcing IT services are expected to contribute to the industry's growth. However, the industry may face challenges such as the increasing competition from cloud-based services and the need to keep up with the latest technology trends.

Industry Innovations for NAICS Code 532420-03

Recent groundbreaking advancements and milestones in the Computers-Renting & Leasing industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Desktop Infrastructure (VDI): VDI is a technology that allows users to access a virtual desktop from any device, anywhere in the world. This innovation has made it easier for businesses to manage their IT infrastructure and has increased the flexibility of their workforce.
  • Internet Of Things (Iot): IoT is a network of devices that are connected to the internet and can communicate with each other. This innovation has enabled businesses to collect and analyze data in real-time, which has led to better decision-making and increased efficiency.
  • Artificial Intelligence (AI): AI is a technology that enables machines to learn from data and perform tasks that would normally require human intelligence. This innovation has the potential to revolutionize the Computers-Renting & Leasing industry by enabling businesses to automate their IT processes and reduce costs.
  • Cloud Computing: Cloud computing is a technology that allows businesses to access computing resources over the internet. This innovation has made it easier for businesses to manage their IT infrastructure and has increased the flexibility of their workforce.
  • Software-Defined Networking (SDN): SDN is a technology that enables businesses to manage their network infrastructure through software rather than hardware. This innovation has made it easier for businesses to manage their IT infrastructure and has increased the flexibility of their workforce.

NAICS Code 532420-03 - Computers-Renting & Leasing

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