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How Digital Transformation Is Shaping Car Rental Services
Car rentals have become an integral part of modern transportation, catering to diverse needs ranging from business travel to leisure trips. With urbanization, rising tourism, and the growing adoption of digital platforms, car rental services are undergoing rapid change. Shifting consumer behavior, fueled by mobile apps and on-demand booking systems, has made convenience and flexibility the primary focus of rental providers.
According to Marketintelo, “The global Car Rental size was valued at approximately USD 123.4 billion in 2024 and is projected to reach USD 208.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period 2024–2032.”
Read Full Research Study – “https://marketintelo.com/report/car-rental-market”
The Shift Toward On-Demand Mobility
Car rental services are no longer limited to airport counters or brick-and-mortar agencies. The rise of mobile-first platforms and subscription-based models has changed how consumers view vehicle access. Instead of long-term commitments, users increasingly prefer short-term rentals…