Rental Cars Procurement Intelligence expected to grow at a CAGR of 6.95% from 2023 to 2030
Rental Cars Procurement Intelligence The rental cars category is expected to grow at a CAGR of 6.95% from 2023 to 2030. North America accounts for the largest share of the category. The rising urban population with an increasing tendency towards adventure and travel is boosting growth. Companies are focusing on adopting various strategies such as investments, partnerships, and mergers & acquisitions. For instance, in April 2022, SIXT, a leading global mobility provider, announced the opening of two new branches in Charlotte and Baltimore, expanding its presence on the East Coast. The new branches offer customers a wider range of rental choices and provide SIXT with a stronger foothold in this region. Mobility-as-a-Service (MaaS) is a kind of service that offers users the ability to plan, reserve, and pay for a variety of mobility services through a single digital channel. A transition from privately owned modes of transportation to mobility as a service is ou...