Category
Business
Assisted Conversion
Trend cluster
Category
Temporary
Tech
Consumers turn to rental options as an affordable tech option.
4.4
Trend score
Trend
What is the Temporary Tech trend?
Temporary Tech: Recognizing the need for cost-conscious alternatives, brands, like those in the tech industry, are turning to rental services to offer consumers high-end products at a fraction of the cost. Allowing consumers to experience and test products for a fixed period of time, brands are using rental techniques to connect with consumers in a more cost-effective way.
Trend themes
Themes within the Temporary Tech trend
Three behaviours holding the trend together01
Rental Services
Brands are using rental techniques to offer consumers high-end products at a fraction of the cost.
02
Sharing Economy
Tools and tech equipment sharing platforms are becoming more popular.
03
Wearable Tech Rentals
Lumoid has expanded to include wearable devices you can test at home.
Industry implications
What the Temporary Tech trend means for industry
Where the trend changes the playbookFor
Technology Rentals
Peer-to-peer rental platforms for technology equipment are becoming increasingly popular.
For
Communal Sharing Services
Communal sharing platforms for tools and tech equipment are transforming the way people access them.
For
Higher Education
Universities are innovating with vending machines that allow students to rent equipment for educational purposes.
Trend signals
Trend signals for Temporary Tech
Trend score 4.4 out of 10, from popularity 68%, activity 56%, freshness 8%.
Popularity68%
Activity56%
Freshness8%
Audience
50%Men
50%Women
- Gen Alpha (not a primary audience)
- Gen Z
- Millennial
- Gen X
- Boomer (not a primary audience)
Market
North America
Europe
Asia-Pacific
Evidence
Examples of the Temporary Tech trend
5 featured examples from Mar 19, 2014 to Apr 7, 2015CategoryTech
Communal Tool Sharing
This Concept Proposes Vending Machine Rentals of Handy Implements
This tool sharing concept falls under the sharing economy industry, disrupting traditional tool ownership models and providing a scalable business opportunity.
CategoryTech
Technology Rental Apps
NYC Startup KitSplit is a Peer-to-Peer Platform for Leasing Tech Equipment
KitSplit's peer-to-peer platform for leasing tech equipment disrupts the traditional technology rental industry by offering a more cost-effective and user-friendly solution.
CategoryTech
Cell Rental Kiosks
The Public Mobile Phone System Lets You Hire Handsets Temporarily
Kiosk owners can expand their services and offerings by incorporating cell phone rental kiosks, which could lead to increased revenue and customer satisfaction.
CategoryTech
Tech-Lending ATMs
Drexel University Has Introduced an iPad Vending Machine for Rentals
Academic institutions are incorporating innovative technology lending solutions to improve learning outcomes.
CategoryTech
Wearable Tech Rentals
Lumoid Lets You Test Drive with Their New Wearable Gear Rental Services
The fitness industry could benefit from Lumoid's wearable tech rental platform with the opportunity to increase sales by letting customers try before they buy.
