Global Online Car Rental Software Market by Type (Cloud-based, On-premises), By Application (Small and Medium Enterprises (SMEs), Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global online car rental software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online car rental software from small and medium enterprises (SMEs) and large enterprises across the globe. Additionally, the growing adoption of cloud-based online car rental software among businesses is also contributing to the growth of this market. On-premises online car rental software held a major share of the global market in 2017 and is expected to continue its dominance during the forecast period.



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Product Definition:

An online car rental software is a computer program that allows users to rent cars from a company's website. The importance of online car rental software is that it allows users to easily search for and book cars from the comfort of their home or office.

Cloud-based:

Cloud-based software is a collection of services that provide shared functionality to multiple organizations. It helps in streamlining business processes and automating tasks through the use of web-based technologies, such as cloud computing, social media, and big data. The service also offers remote access to rental properties with the help of mobile devices such as smartphones and tablets.

On-premises:

On-premises is a term used for computer software or hardware installed on the customer's own computers, servers, and network. The system can be owned by an individual or shared with several users from the same company. On-premise systems are generally accessed through a dedicated server connected to the internet.

Application Insights:

The SMEs segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing number of startups in this segment, which are trying to gain a competitive edge by offering easy-to-use online car rental software solutions at affordable prices. For instance, Carzono offers an online platform for car rentals with lowest rates across 200 cities worldwide and has partnered with leading travel providers such as Expedia and Booking.com to offer its customers best possible deals on hotel bookings while travelling., Similarly, Oyo Rooms provides a mobile app-based service that helps consumers find the best available room rates at hotels across India and also reserves rooms on their behalf., However, large enterprises accounted for more than 40% market share in terms of revenue in 2017 due to various factors such as extensive usage of off-the shelf software or integrated systems from major players like Hertz Global Holdings Inc., Sixt AG, Avis Budget Group Inc., etc.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing online car rental transactions, high internet penetration, and availability of a large number of service providers in North America. Moreover, growing demand for on-demand transportation services is anticipated to drive regional growth over the forecast period.

Asia Pacific online car rental software market is projected to grow at a lucrative rate over the forecast period owing to increasing smartphone adoption and changing consumer behavior patterns across various countries such as China and India among others which has led them adopt advanced technologies such as online car rental applications thereby boosting regional growth from 2018 till 2030  timeframe.

Growth Factors:

Increasing demand for online car rental software from small and medium-sized businesses (SMBs)
Rising number of tourists and business travelers preferring to rent cars instead of using public transportation
Proliferation of smartphones and other mobile devices, which is making it easier for people to book car rentals online
Growing popularity of ride-sharing services such as Uber and Lyft, which is prompting more people to rent cars for short periods of time
Advancements in artificial intelligence (AI) and machine learning that are making online car rental software more efficient and user-friendly


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Scope Of The Report
Report Attributes
Report Details
Report Title
Online Car Rental Software 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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.

Global Online Car Rental Software Market Report Segments:
The global Online Car Rental Software 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



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Highlights of The Online Car Rental Software 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 Online Car Rental Software 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
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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