The global online home rental services market size will grow to almost USD 22 billion by 2022. This report provides an analysis of the market by dwelling type (flats, semi-detached houses, and detached houses) and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Airbnb, CoStar Realty Information, Lodgis, Upad, and Zillow.
Global Online Home Rental Services Industry Overview
Analyzing factors that will have a significant impact on the growth of the market, our analysts have identified increase in the need for rented homes as one of the major factors driving market growth. Growing economic activities such as trade, manufacturing, and jobs have led to an increase in migration to cities in different countries across the globe. For instance, various metropolitan cities such as Jacksonville in Florida and Charlotte in North Carolina have witnessed an increase in the migrant population. The growing number of migrants is propelling the demand for rented homes.
Companies covered
The online home rental services market is fragmented due to the presence of a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this online home rental services industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including:
Airbnb
CoStar Realty Information
Lodgis
Upad
Zillow
“Customers generally prefer to stay within city limits. This compels vendors to compete with the nearby housing properties owned by different operators and individuals. The products offered are less differentiated and marketing channels used by different competitors are also similar. As a result, the level of competition in the market is significant which affects the occupancy level, rental income, rental rates, and operating expenses,” says a senior research analyst at Technavio for the enterprise application industry.
Online home rental services market growth based on geographic region
Americas
APAC
EMEA
Our industry research analysts have estimated that countries in the Americas will contribute the most to the growth of this market throughout the forecast period due to the high penetration of online rental services and fast-paced migration of individuals to urban areas in the market.
Key highlights of the global online home rental services market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the online home rental services market during the next five years
Precise estimation of the global online home rental services market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the online home rental services industry across various geographies such as the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive information about factors that will challenge the growth of online home rental services companies