The telematics systems for rental cars and leases will reach 12.3 million units by 2028.
Berg Insight has announced a new research report on the telematics market for rental and leasing vehicles in Europe and North America. In car rental services, customers can typically rent a vehicle for a specific period ranging from a few hours to several weeks. In 2023, the average total number of vehicles managed by rental car companies was approximately 4.4 million in Europe and North America. Car leasing refers to leasing a vehicle for a specified period at an agreed cost. The leasing market can be broadly divided into financial leasing and full-service leasing. Historically, car leasing has primarily been a financial service, but it can now also be offered as a full-service leasing model, allowing customers to outsource vehicle ownership and all management. In full-service leasing, customers pay a monthly lease fee to the leasing company, which covers financing, vehicle depreciation, and various services related to vehicle usage. [Contents] ■ Automotive and personal mobility services ■ Telematics solutions for rental and leasing ■ Market forecasts and trends ■ Rental and leasing companies ■ Technology vendors
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Publisher: Berg Insights Publication Month: December 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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