Market Overview:
The global car rental system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for car rental services from small and medium enterprises (SMEs) and large enterprises across the globe. Additionally, the growing popularity of cloud-based car rental systems is also contributing to the growth of this market. However, factors such as high installation and maintenance costs associated with on-premises car rental systems are restraining the growth of this market.
Product Definition:
A car rental system is a computerized system used by rental car companies to manage their fleet of cars. The system allows employees to reserve cars, update customer information, and track the location of each car. Car rental systems are important because they allow rental companies to efficiently manage their inventory and provide customers with the best possible service.
Cloud-based:
Cloud-based is a term used to define software systems that provide shared services for computer hardware and allow users to access data from remote locations. The service is provided over the internet and can be accessed by any authorized user with a compatible device, such as laptop, mobile or desktop PC. Cloud-based car rental system provides benefits such as increased customer satisfaction owing to hassle free transactions at the time of booking and renewed inventory management which helps in providing better customer experience during travel.
On-premises:
On-premises is a term used for computer software and hardware installed at the customer's site. It may also include cloud-based services. The primary difference between on-premises and cloud based services is that in case of on premises, the service is directly provided to customers; whereas, in case of cloud based it’s an indirect offering where third party providers host the software or applications which are controlled by a provider company.
Application Insights:
The small and medium enterprises segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing number of car rental services providers focusing on providing solutions for SMEs as they offer easy access to a wide network of service providers with flexible payment options, thereby driving adoption among SMEs. Furthermore, car rental services are increasingly being adopted by mid-sized companies as they provide cost-effective transportation solutions for their employees traveling from remote offices to client locations across cities and countries.
The large enterprise segment is expected to witness significant growth over the forecast period owing to an increase in demand from corporate travelers and tourism agencies offering group tours that rent cars or vans at a lower cost than what individual travelers would pay for similar rentals duration.
Regional Analysis:
The North American regional market dominated the global industry in 2017 and is expected to maintain its position throughout the forecast period. The growth can be attributed to increasing investments in IT infrastructure, high usage of cloud-based solutions for car rental management, and growing adoption of mobile devices among users. Moreover, presence of prominent players such as Enterprise Rent-a-Car (ERTA) and Avis Budget Group Inc., has contributed to the growth of this regional market.
Asia Pacific is anticipated to emerge as a lucrative region over the forecast period owing to increasing number of automobile manufacturers in countries such as India & China. This will lead to increased production & sales which will subsequently drive demand for car rental services across this region during the estimated time span.
Growth Factors:
- Increasing demand for car rental services owing to the growth of tourism industry.
- Rising disposable income of people, which is encouraging them to spend on car rental services.
- Proliferation of online booking platforms for car rental services, making it convenient for customers to book rentals from anywhere at any time.
- Introduction of innovative features and facilities by car rental companies in order to attract more customers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Rental System Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Titanium Systems, Caag Software, Easy Rent Pro, Datalogic Consultants, Thermeon, Ecalypse, Sarmas BV, CarPro Systems, FleetMaster, Xiteagency, Ibexrentacar, Dogma Systems, Duplex Technologies, Car Renting Solutions, TSD Rental
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Car Rental System Market Report Segments:
The global Car Rental System market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Titanium Systems
- Caag Software
- Easy Rent Pro
- Datalogic Consultants
- Thermeon
- Ecalypse
- Sarmas BV
- CarPro Systems
- FleetMaster
- Xiteagency
- Ibexrentacar
- Dogma Systems
- Duplex Technologies
- Car Renting Solutions
- TSD Rental
Highlights of The Car Rental System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Rental System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car rental system is a way to rent cars from a centralized location. The system allows customers to reserve and book cars online or in person. The system typically includes features such as automatic vehicle reservations, 24-hour customer service, and the ability to track the location of a car.
Some of the key players operating in the car rental system market are Titanium Systems, Caag Software, Easy Rent Pro, Datalogic Consultants, Thermeon, Ecalypse, Sarmas BV, CarPro Systems, FleetMaster, Xiteagency, Ibexrentacar, Dogma Systems, Duplex Technologies, Car Renting Solutions, TSD Rental.
The car rental system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Rental System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Rental System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Rental System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Rental System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Rental System Market Size & Forecast, 2018-2028
4.5.1 Car Rental System Market Size and Y-o-Y Growth
4.5.2 Car Rental System Market Absolute $ Opportunity
Chapter 5 Global Car Rental System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Rental System Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Rental System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Rental System Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Rental System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Rental System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Rental System Analysis and Forecast
9.1 Introduction
9.2 North America Car Rental System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Rental System Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Rental System Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Rental System Analysis and Forecast
10.1 Introduction
10.2 Europe Car Rental System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Rental System Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Rental System Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Rental System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Rental System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Rental System Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Rental System Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Rental System Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Rental System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Rental System Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Rental System Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Rental System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Rental System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Rental System Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Rental System Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Rental System Market: Competitive Dashboard
14.2 Global Car Rental System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Titanium Systems
14.3.2 Caag Software
14.3.3 Easy Rent Pro
14.3.4 Datalogic Consultants
14.3.5 Thermeon
14.3.6 Ecalypse
14.3.7 Sarmas BV
14.3.8 CarPro Systems
14.3.9 FleetMaster
14.3.10 Xiteagency
14.3.11 Ibexrentacar
14.3.12 Dogma Systems
14.3.13 Duplex Technologies
14.3.14 Car Renting Solutions
14.3.15 TSD Rental
