Based on a recent study released by Future Market Insight broadcasted by AutoRentalNews the worldwide car rental market will grow from an estimated 52 billion USD to 106 billion USD in 2020.
Based on a recent study released by Future Market Insight broadcasted by AutoRentalNews the worldwide car rental market will grow from an estimated 52 billion USD to 106 billion USD in 2020. The FMI report estimates that the global car rental market will therefore more than double in five years.
Assuming that the US is currently the oldest and biggest market for car rental in the world, this region may therefore reach its limit (the US market has been still increasing by +6% since 2010).
The report predicts that the main growing sources will be:
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