Threat Of Peer To Peer Car Rental To Traditional Car Rental Companies : Ken Research Introduction: As of September 2017, peer to peer car sharing platform Turo raised an additional USD 92 Million from its investors completing their series D round of funding. The company utilizes a business model of peer to peer matchmaking by providing a platform for users with vehicles to list their own cars on the platform… Read More »
Car Rental Industry: The Threat Of Car Sharing To The Business Of Short Term Car Rental Introduction: In April 2018, two companies, Ekar and Udrive were awarded contracts by the Dubai Road and Transport Authority for launching their ride sharing startups that allow users to share rides paying by the minute. Udrive has 70% of the market as of now. The introduction of ride sharing has allowed consumers to avail a… Read More »
Car Rental Services To Burgeon In Europe Via Improving Economic Scenario: Ken Research According to Europe, Car Rental Industry Analysis in the recent years, there has been a strong rise in the number of inbound tourists to Europe which has further led to an affirmative impact on the growth of this market in the continent. Car rental services generally function in a network of pick-up or drop-off points… Read More »
The Revenues for the Car Rental Market in Middle East are Expected to Incline at a CAGR of 7% in the Future Short term Car Rental has accounted significantly of the revenues in 2015 out of the total Middle East car rental market revenues. Rest of the revenues has been accounted by the chauffeur driven market. Chauffeur Driven Car Rentals are preferred by the tourists visiting the region for travel and leisure purposes. Inclination in the price… Read More »
Middle East Car Rental and Leasing Market is Expected to Reach USD 1.7 billion by 2020: Ken Research The market research report by Ken Research titled “Middle East Car Rental and Leasing Market Outlook to 2020 – Augmentation in Qatar and Oman Coupled with Demand for Car Leasing to Shape Future” provides a comprehensive analysis of the Car Rental and Vehicle Leasing market in Middle East along with information on toll applications. The… Read More »