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Online car rental platform Market: How the Market has witnessed Substantial Growth in recent years?

Online car rental platform Market The travel and tourism industry is one of the largest and fastest-growing industries in the world, with the industry surpassing the global rate of economic growth. For Instance, in 2018, according to the World Travel and Tourism Council, the travel and tourism sector grew at 3.9% to contribute a record USD 8.8 trillion and 319 million jobs to the world economy. Online car rental platform Market: How the Market has witnessed Substantial Growth in recent years?

Online car rental platform Market The travel and tourism industry is one of the largest and fastest-growing industries in the world, with the industry surpassing the global rate of economic growth. For Instance, in 2018, according to the World Travel and Tourism Council, the travel and tourism sector grew at 3.9% to contribute a record USD 8.8 trillion and 319 million jobs to the world economy. An online car rental platform can be termed as an online portal, website, or mobile application used by service providers to rent their vehicles and customers to procure a rental vehicle from a remote location using the online gateway. The platform provides client communication and client support using an online module and also caters to the business management needs of online car rental operators. The platform is focused to provide essential features, such as an online booking engine, fleet management services, vehicle availability information management, driver information management, order booking and tracking the order, billing and invoicing for the customer, and an online payment module. North America’s travel industry is witnessing growth in leisure as well as business travel; according to the U.S. Travel Association, in 2018, direct spending on leisure travel in the U.S. by domestic and international travelers totaled USD 761.7 billion. International tourism continues to perform strongly around the world due to the growing air travel, constructive economy, and increasing visa facilitation. For instance, more than 50 countries, including Thailand, Maldives, Kenya, Jordan, and Fiji, among others, offer ‘Visa on Arrival’ for Indian citizens. According to the UNWTO World Tourism Barometer, in 2018, international tourist arrivals grew 6%, reaching 1.4 billion tourists. An online car rental platform can be termed as an online portal, website, or mobile application used by service providers to rent their vehicles and customers to procure a rental vehicle from a remote location using the online gateway. The platform provides client communication and client support using an online module and also caters to the business management needs of online car rental operators. The platform is focused to provide essential features, such as an online booking engine, fleet management services, vehicle availability information management, driver information management, order booking and tracking the order, billing and invoicing for the customer, and an online payment module. North America’s travel industry is witnessing growth in leisure as well as business travel; according to the U.S. Travel Association, in 2018, direct spending on leisure travel in the U.S. by domestic and international travelers totaled USD 761.7 billion. International tourism continues to perform strongly around the world due to the growing air travel, constructive economy, and increasing visa facilitation. For instance, more than 50 countries, including Thailand, Maldives, Kenya, Jordan, and Fiji, among others, offer ‘Visa on Arrival’ for Indian citizens. According to the UNWTO World Tourism Barometer, in 2018, international tourist arrivals grew 6%, reaching 1.4 billion tourists. Online car rental platform Market is predicted to expand rapidly altogether development areas over the forecast period between 2021 and 2029. Online car rental platform Market report focuses on the main drivers and restraints for the key players and presents competition status with growth prospects. Online car rental platform Market report is professional and in-depth research by experts on the present state of the Online car rental platform Industry. Online car rental platform marketing research report provides the most recent industry data and industry future trends, allowing you to spot the products and end users driving Revenue growth and profitability. Online car rental platform Market is predicted to expand rapidly altogether development areas over the forecast period between 2021 and 2029. Online car rental platform Market report focuses on the main drivers and restraints for the key players and presents competition status with growth prospects. Online car rental platform Market report is professional and in-depth research by experts on the present state of the Online car rental platform Industry. Online car rental platform marketing research report provides the most recent industry data and industry future trends, allowing you to spot the products and end users driving Revenue growth and profitability. Grab a Free Sample PDF copy of the Online car rental platform Market Report 2021 @ https://straitsresearch.com/report/online-car-rental-platform-market/request-sample Grab a Free Sample PDF copy of the Online car rental platform Market Report 2021 @ https://straitsresearch.com/report/online-car-rental-platform-market/request-sample The Major Players Covered in this Report: Carcloud, TURO, Expedia, Getaround, Renteon, Economy Online Car Rentals, Nuvven, Rent Centric, Limo Anywhere, Fleet X, Workadu, Travelport, EasyJet, HiyaCar and Avis/Budget, & More… The Major Players Covered in this Report: Carcloud, TURO, Expedia, Getaround, Renteon, Economy Online Car Rentals, Nuvven, Rent Centric, Limo Anywhere, Fleet X, Workadu, Travelport, EasyJet, HiyaCar and Avis/Budget, & More… Online Car Rental Platform Market: SegmentationBy Vehicle TypePassenger CarsCompact CarsMid-Sized CarSUVsLuxuryCommercial CarsLCVsHCVs Online Car Rental Platform Market: SegmentationBy Vehicle TypePassenger CarsCompact CarsMid-Sized CarSUVsLuxuryCommercial CarsLCVsHCVs By Drive TypeSelf-DriveAssisted Drive By Drive TypeSelf-DriveAssisted Drive By Contract TypeShort TermLong Term By Contract TypeShort TermLong Term View this report with a detailed description and TOC @ https://straitsresearch.com/report/online-car-rental-platform-market/toc View this report with a detailed description and TOC @ https://straitsresearch.com/report/online-car-rental-platform-market/toc Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Online car rental platform in the APAC RegionAsia-Pacific region is anticipated to hold the largest market share in the global Online car rental platform market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Online car rental platforms and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Online car rental platforms. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production. Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Online car rental platform in the APAC RegionAsia-Pacific region is anticipated to hold the largest market share in the global Online car rental platform market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Online car rental platforms and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Online car rental platforms. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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