According to the latest survey by Mordor Intelligence, the global car rental market is expected to grow at a Compound Annual Growth Rate(CAGR) of 17.52% between 2018-2023. This shows that the industry is wide open for entrepreneurs to start a business in this sector. The United States remains the largest market for car rental next to China and India.
Like every other on-demand industry, car rental is a bullish trend in the market. Though there are major players in the field,
Hertz
Sixt
GlobalCARS
Avis
Yet, there is a high demand for car rental services. These companies offer a wide range of cars from compact vehicles to luxurious ones.
Why people prefer car rental services?
Car rental services are popular among people because it offers benefits such as,
Reduced cost mobility
Flexibility in choosing cars
Freedom from car maintenance
Besides all these advantages, car rental services are also taking care of the insurance costs incurred while renting cars. Since it is both economical and time-saving, it remains a favorite mode of commuting.
How to make a car rental business more profitable?
If you are starting a business, it is an unwritten rule to develop an app for the same, acting as a catalyst for boosting success in your business. For a car rental business, developing a car rental app is an easy way to increase your customer base.
Having a perfect, flawless mobile application will assist customers in booking cars. Mobile application soothes the booking process, and it secures transactions. If you are someone who intends to develop a cost and time effective app then developing an app from scratch is not your cup of tea. This is where Appdupe’s car rental script comes into play.
Car rental script
Appdupe, one of the pioneers in the mobile app development, offers readymade yet customizable car rental software with an impeccable mobile app and a scalable website.
Remember, apps are the digital gateways to success in business. Kick-start your car rental business with an app and be a part of the flourishing on-demand industry.
