GearShare Launches the World’s First AI Platform for Live Events Equipment Cross-Rental
[Miami, Florida - September 6th, 2025] -- - GearNet Holdings announces the official launch of GearShare, the world’s first AI-powered platform built specifically for the live events equipment space. Professional audio, video, lighting and staging equipment rentals and production is valued at USD 12.34 Billion in 2024 and is estimated to reach USD 20.56 Billion by 2033.
After almost a year of development GearShare is now live and onboarding customers. GearShare introduces a completely new way to connect rental and production companies, delivering speed, transparency, and intelligence never before possible. Parent company GearNet Holdings now combines a global equipment sales marketplace (GearSource) plus an AI-powered cross-rental marketplace (GearShare), providing a seamless ecosystem to buy, sell, and rent gear.
At the core of GearShare are two breakthrough technologies:
- GearSpotting: a multi-layered search powered by seven proprietary AI agents. Users can search by product name, feature set, brand, availability, and location, with instant, intelligent matching that replaces long days of phone calls and emails.
- GearSync: a revolutionary onboarding system that allows companies to effortlessly upload 10 or 10,000 listings. GearShare’s proprietary GearSync AI automation is able to classify products, connect them to GearShare’s master database, and enrich them with context from a dedicated RAG server, data analytics and vector database.
“These innovations are not just about convenience, they are unlocking ROI from massive investments while also increasing utilization, critical to the industry’s sustainability” said Marcel Fairbairn, CEO of GearNet Holdings. “With GearSync and GearSpotting, we are giving the industry its first true AI platform”.
"In my 30+ years in live events, I’ve never seen a platform with the potential of GearShare. This is the system our industry has been waiting for," said partner / investor, James Brett. "GearShare isn’t just smarter, it’s a direct line to ROI. Companies can finally put their gear to work at full capacity without the waste and friction that held us back for decades.
"The launch of GearShare also lays the foundation for expanded AI functionality within GearSource, the trusted global sales marketplace founded in 2002. The integration of the two platforms provides companies with a complete lifecycle solution for their gear, from acquisition to utilization to resale.
GearShare is available exclusively to live production equipment rental companies worldwide. Subscriptions are now open!
For more information visit www.GearShare.live
About GearNet Holdings
GearNet Holdings is the parent company of GearSource, the global marketplace for buying and selling professional live-events equipment, and GearShare, the world’s first AI-powered cross-rental platform.Founded over two decades ago by respected industry veteran Marcel Fairbairn, GearNet is building the future of live events commerce and analytics with AI at its core.
Background and Further Industry Related References:
In 2024 the global event equipment rental market size was valued at USD 12.34 Billion and is projected to reach USD 20.56 Billion by 2033.1
This market growth is driven by the rising demand for professional-grade equipment across various types of events coupled with the increasing trend towards event outsourcing. The market is witnessing significant growth due to advancements in technology and the rising consumer preference for high-quality event production and management.1
One of the primary growth factors contributing to this market is the burgeoning demand for audio-visual equipment. As businesses and individuals seek to create more engaging and memorable event experiences, the need for sophisticated professional technical equipment has surged. This includes everything from projectors and sound systems to LED screens, specialty lighting products and virtual reality staging setups, all of which are now staples in modern event production.1
More events mean stronger demand for pro audio, video, lighting, and staging gear, which in turn drives higher inventory utilization, the need for wider asset access, and data-driven, ROI-focused purchasing.1
The increasing reliance on professional event planners and coordinators has driven the need for high-quality, reliable rental equipment. Event management companies are increasingly outsourcing equipment needs to specialized rental services to ensure seamless execution without the hassle of maintenance and storage. This trend is particularly pronounced in large corporate events, live concerts and music festivals, where the quality and reliability of equipment can significantly impact the success of the event.2
From a regional standpoint, North America holds a major share of the event equipment rental market. The region's strong economic conditions, high disposable incomes, and a robust corporate sector contribute to the demand for rental equipment.2
Sources:
1 Verified Market Reports: Event Equipment Rental Market Insights
2 Data Intelo: Event Equipment Rental Market Outlook
Media Contact
Marcel Fairbairn - CEO/Founder, GearSource
Email: [email protected]
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