Global Online Home Rental Services Market 2024-2028

Global Online Home Rental Services Market 2024-2028

The online home rental services market is forecasted to grow by USD 28015.4 mn during 2023-2028, accelerating at a CAGR of 14.72% during the forecast period. The report on the online home rental services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high real estate prices make homeownership unaffordable, growth in demand for rented homes, and reduction in housing space due to increase in urban population density.

Technavio's online home rental services market is segmented as below:

By Type

• Flats
• Semi-detached houses
• Detached houses

By Rental Category

• Monthly
• Weekly
• Daily
• Yearly

By Geography

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growth in demand for small innovative home structures as one of the prime reasons driving the online home rental services market growth during the next few years. Also, increase in number of vendors offering privately rented services and evolution of new technologies will lead to sizable demand in the market.

The report on the online home rental services market covers the following areas:

• Online home rental services market sizing
• Online home rental services market forecast
• Online home rental services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online home rental services market vendors that include 9flats.com PTE Ltd., Airbnb Inc., Avail, BoutiqueHomes, CoStar Group Inc., Elite Destination Homes, Expedia Group Inc., HomeToGo GmbH, Lodgis, LVH Global Inc., MakeMyTrip Ltd., NestAway Technologies Pvt Ltd., Oravel Stays Ltd., Rentberry Inc., Rentalo.com Inc., Upad Ltd., Wyndham Destinations Inc., Zillow Group Inc., and Zumper Inc.. Also, the online home rental services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.