Noteworthy Usage Of Internet Of Things (Iot) In The Car Rental Market Outlook : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Car rental industry is rising with the more development in the technology and the recent scenario represents the significant growth in the forecasted period with the more developed technologies and new innovations in the existing technology. According to the report analysis, ‘MARKET RESEARCH REPORT FOR CAR RENTAL’ states that the internet of things technology is improving the rental car process for drivers, as well as pen and paper systems for rental managers. With the establishment of IoT in this industry it eliminate the traditional way of booking car or any other vehicle such as waiting in line most probably for hours. In the recent trend, divers can use their connected phone or device to unlock, lock, and start the rental car and with this feature means no losing a set of keys and getting locked out. With the technology of IoT the rental car workers can monitor the car’s fuel level and odometer. In addition the IoT stage can help in locating any vehicle in real time, which is very much beneficial if the car is not returned to the proper location at the time. The car rental companies can track the GPS location to find out more related to why people rent their vehicles which help in improving the mapping for future use. On a larger scale, the IoT technology will help the car rental companies in understanding how customers use their cars. The applications of the IoT lead the market growth globally moreover, the global rental company, Hertz, has been eager to put the IoT technology to use in its business vehicles. Whereas, Hertz has collaborated with the retail stores across Europe due to which the customers who make physically large purchase can rent a car by the hour to escort their items home. According to the report analysis, ‘CAR RENTAL INDUSTRY RESEARCH REPORT’ states that IoT products are gaining momentum in the market and IoT marketplaces are like gateways that offers companies the option to connect and interact with the vast range of vendors without creating any platform. Moreover, the major companies in this industry are benefitting from the IoT through cost savings due to predictive maintenance, improved safety, and other operational efficiencies. The Asia Pacific region is expected to remain the largest market due to increased digitalization and rapid urbanization with the increased expenditure on traveling. In addition the Europe and North America are expected to witness a significant growth over the forecast period because of improving economy, high quality road infrastructure and others. Not only has this, the rest of the world is doing so many development and new innovations in the technology for enhancing the landscape of the car rental market. The emerging trend in this market has the positive impact and enhanced the user experience through the digitalization and enhanced technologies in the car rental service. Enterprise Rent-A-Car, Avis Budget Group Inc., Sixt AG, Europcar Group S.A., Hertz Global Holdngs, Inc., has been the major players in the global car rental market. Moreover, with the existence of the numerous players in this market, it will lead to a competitive landscape with is benefitted for both the customer as well as the investors. Therefore, it is expected that in the coming years the IoT technology in the car rental industry will lead to significant growth over the decades. To know more, click on the link below: https://www.kenresearch.com/tag/automotive-transportation-and-warehousing/car-rental/161.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Post Views: 3 Tags: Car rental Business Review, Car Rental Industry Analysis, Car rental Industry Research and Market Reports, Car rental Industry Research Report, Car rental Market Research Reports, Car rental Market Research Reports Consulting, Market Research Reports for Car rental