The global car rental market size is expected to grow by USD 129.71 billion from 2022 to 2027. Autorent Car Rental LLC, Avis Budget Group Inc., Carzonrent India Pvt. Ltd., and more are key players in the market.
The car rental market size is expected to grow by USD 129.71 billion between 2022 to 2027, according to Technavio. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
The increase in vehicle ownership cost is notably driving the market growth.
The market share growth by the offline segment will be significant during the forecast period.
Customers can rent a car cheaply through intermediaries.
Technavio provides a detailed analysis of around 25 vendors operating in the Car Rental Market.
Link to the original story: https://www.businesslend.com/press-release/car-rental-market-size-to-grow-by-usd-129-71-billion-from-2022-to-2027autorent-car-rental-llc-avis-budget-group-inc-carzonrent-india-pvt-ltd-and-more-among-the-key-companies-in-the-market-tech/
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