The reasons why consumers need a rental car can vary—maybe their own car is in the shop, perhaps they don't own a car and want to drive to a travel destination, and, of course, there is the need to rent a car when you have flown to another city.
Regardless of the reason, most consumers will - at some point in their lives - require the services of a rent-a-car company. Fulfilling that need can be a lucrative business opportunity for the right entrepreneur.
Did You Know?
Revenue in the Car Rentals segment will amount to more than $18 million in 2017
SOURCE: SOURCE: Statista
Revenue is expected to grow annually at 3.7%, resulting in a market volume > $20 million in 2021
SOURCE: SOURCE: Statista
In the Car Rentals segment, the number of users is expected to amount to 80.2 million by 2021
SOURCE: SOURCE: Statista
By 2020, car rental revenue in the U.S. is projected to reach about $30.64 billion
SOURCE: SOURCE: Statista
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