Online Home Rental Services Market Scope
Online home rental services are services through which vendors provide landlords with an online forum to showcase their properties in order to cater to and reach a large number of potential tenants. The market for online home rental services is relatively new, but it has expanded rapidly in recent years. Websites are used by market participants to provide tenants with apartment listings. Renters may use such websites to display photos of properties, search by budget, facilities, and neighborhoods, and contact landowners and agents. The businesses make money by charging landlords and brokers to list their properties, promote certain listings, and place ads on their websites.The substantial growth of the online home rental services industry is due to an increase in demand for rented homes in metropolitan areas. As sources of economic development are overwhelmingly concentrated in towns, migration has resulted in a surge in the population of metropolitan cities around the world.
The Online Home Rental Services market study is segmented, by Application (Residential Rental, Apartment Rental and Office Building Rental) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Online Home Rental Services market throughout the predicted period.
Airbnb (United States), Oyo Rooms (India), OYO Vacation Homes Holding B.V. (Netherlands), CoStar Realty Information (United States), LoopNet (United States), Commercial Real Estate Exchange. Inc. (United States), Redfin (United States), HomeToGo GmbH (Germany), The Plum Guide (United States) and Zillow (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are HouseMe (South Africa), Quickr Homes (India), Lodgis (France) and Squareplums (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Online Home Rental Services market by Type, Application and Region.
On the basis of geography, the market of Online Home Rental Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
October 2020 – OYO Vacation Homes acquires TUI's vacation rental business. This acquisition will strategically strengthen the company's presence in France, Germany, Austria and Italy in particular. With this acquisition, OYO will expand its pan-European vacation home rental business and consolidate its position as the European leader in this field.
- The rise in demand for rented homes in metropolitan Cities
- Housing on a Rental Basis is One of The Most Popular Concepts In the Real Estate Industry
- Increase In The Number Of People Relocating From One Country To Another Country Or Region Or City for Colleges and Jobs
- Very Convenient for the Customers as It Reduces the Time
- The Growing Use of E-Commerce and Digital Economies
- Growth in Travel and Tourism Industry
- Increased Investment by Major Players
- Variations In Government Regulations For Renting Properties in Different Regions
Key Target AudienceRental Companies, Online Rental Companies, Technology Providers, Investors, Governmental Bodies and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Online Home Rental Services Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.