According to the analysts of the global statistics platform Statista, the global car rental industry is forecast to reach $99.54 billion by 2023, driven by the rising popularity of ride-hailing and car-sharing services. This will lead to a 10% increase in rental locations across the globe, particularly in the US, Europe, and Asia. Additionally, the average daily rate for car rentals is expected to rise by 4%, and the number of customers is predicted to grow by 5%. However, neither the customer nor the driver will benefit from this situation, as the business will reap the majority of the profits.
In this case, the marketplace business model has the potential to fundamentally change the industry's landscape.
Discover the key benefits that make the GetRentacar.com a game-changer for the industry here.
