About Online Car Rental Software
Online car rental software helps in the online reservation or booking of the car for rent, managing all the operations, employees, and customer interaction. It is widely used in the car rental shops, van rental service sad many other places for providing easy service, the software manages all the car inventory records, assists the renters, and also manages the back office sales and accounting. The online car rental software has integration with the payment gateway for an easy payment transaction, billing, etc.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ecalypse s.r.o. (Czech Republic), Thermeon Ltd (United States), Caag Software (United States), CarPro Systems (Netherlands), Ibexrentacar (Spain), XITE Communication Agency Limited (United Kingdom), RentSyst Ltd. (Cyprus) and Rent Centric, Inc (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Online Car Rental Software market by , Application (Car Rental, Limousine Service, Van Rental and Others) and Region.
On the basis of geography, the market of Online Car Rental Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Mobile will boost the Online Car Rental Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Online Car Rental Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Online Reservation will boost the Online Car Rental Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Upgradation in Online Car Rental Software and Omnichannel Usability of Online Car Rental Software
Market Growth Drivers:
Growing Demand for the Car Rental Service Worldwide and Need for Automation in Providing Rental Service for Efficiency and Reducing Errors in the Database
Challenges:
Stringent Regulatory Guidelines on the Online Car Rental Software
Restraints:
Hindrances to Online Car Rental Software Market Due to the Pandemic and Prevailing Travel Restriction
Opportunities:
Surging Demand for the Online Car Rental Software Among the Travelers
On 22nd July 2020, RateGain Technologies, a SaaS company for travel and hospitality, has formed a global partnership with Thermeon and Bluebird Auto Rental Software, car rental software, and management solutions. This partnership combines RateGain’s experience in rate shopping and revenue management solutions for the car rental industry with Thermeon’s and Bluebird’s car rental software to help customers identify new revenue generation opportunities.
Key Target Audience
Online Car Rental Software Developers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.