Boosting Business Profitability Through Car Rental Software Solutions

Quickworks28 Sep, 2023Technology

The improved earnings of citizens, economic stability, population growth, and the vast influx of tourists are all contributing to the enormous boom in the automobile rental business. By 2027, the car rental industry will increase at a compound annual growth rate of 10.7%, reaching a value of $214.04 billion. While this exponential expansion has the potential to generate enormous amounts of revenue, it might also intensify rivalry among rental companies.