Global: car rentals market revenue 2019-2028

The global revenue in the 'Car Rentals' segment of the shared mobility market was forecast to continuously increase between 2024 and 2028 by in total 13.5 billion U.S. dollars (+13.12 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 116 billion U.S. dollars and therefore a new peak in 2028.

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Revenue of the car rentals market worldwide from 2019 to 2028 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Car Rentals market contains vehicle rentals that have been booked in person, by telephone via the internet or an app. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. Users represent people who booked travels, independent of the number of travelers. This market takes into account time-based rental deals with upfront fixed costs from professional car rental services such as SIXT, Hertz, and Budget.

The following services are not included: carpools, chauffeur services, taxis, or car-sharing offers with usage-based or quote-based pricing models.

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