Online home rental services market to grow by 11.7% Y-O-Y from 2022 to 2023: Reduction in housing space due to an increase in urban population density will drive growth -Technavio

NEW YORK, Dec. 13, 2022 /PRNewswire/ —

Online Home Rental Services Market Insights –
  • Vendors: 15+, including 9flats.com PTE Ltd., Airbnb Inc., Avail, Booking Holdings Inc., BoutiqueHomes, CoStar Group, 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., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Type, rental category, and regions

To understand more about the online home rental services market, request a sample report

In 2017, the online home rental services market was valued at USD 17,216.35 million. From a regional perspective, North America held the largest market share, valued at USD 6,929.58 million. The online home rental services market size is estimated to grow by USD 21,190.52 million from 2022 to 2027 at a CAGR of 12.9% according to Technavio.

Online home rental services Market  Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!
Online home rental services Market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

  • 9flats.com PTE Ltd. – The company offers online home rental services in top cities like Berlin, London, Dubai and Paris.
  • Airbnb Inc. – The company offers online home rental services in all the top cities across the world.
  • Booking Holdings Inc. – The company offers online home rental services in all the top cities across the world.
Online home rental services Market – Market Dynamics
Major Drivers:
  • High real estate prices make homeownership unaffordable
  • Growth in demand for rented homes
  • Reduction in housing space due to an increase in urban population density
Key Challenges:
  • Government policies for promoting housing
  • Competition due to fragmented market and low penetration in emerging markets
  • Varied government rent regulations for renting properties

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The online home rental services market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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  • Add credibility to strategies
  • Analyze competitor’s offerings
  • Get a holistic view of the market

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What are the Key Data Covered in this Online home rental services Market Report?
  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the online home rental services market between 2023 and 2027
  • Precise estimation of the size of the online home rental services market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the online home rental services market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of cloud data warehouse market vendors
Related Reports:
  • The automotive rental and leasing market size is estimated to grow by USD 147.98 billion with a CAGR of 7.46% during the forecast period 2021 to 2026. The automotive rental and leasing market is segmented by type (passenger car rental, truck utility trailer, recreational vehicle rental and leasing, and passenger car lease) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
  • The car rental market size is estimated to grow by USD 93.17 billion with a CAGR of 18.66% during the forecast period 2021 to 2026. The car rental market is segmented by type (Economy cars, executive cars, luxury cars, SUVs, and MUVs), mode of booking (Offline and online), rental category (Air transport, local transport, outstation transport, and other transport) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

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Online home rental services Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historical year

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 12.9%

Market growth 2023-2027

USD 21,190.52 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.7

Regional analysis

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

Performing market contribution

North America at 38%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies and Industry Risks

Key companies profiled

9flats.com PTE Ltd., Airbnb Inc., Avail, Booking Holdings Inc., BoutiqueHomes, CoStar Group, 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, Zillow Group, and Zumper Inc.

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Rental Category
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global online home rental services market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global online home rental services market 2017 – 2021 ($ million)
  • 4.2 Type Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)
  • 4.3 Rental category Segment Analysis 2017 – 2021
    • Exhibit 20: Historic Market Size – Rental category Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 30: Chart on Type – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type – Market share 2022-2027 (%)
  • 6.2 Comparison by Type 
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Flats – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Flats – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Flats – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Flats – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Flats – Year-over-year growth 2022-2027 (%)
  • 6.4 Semi-detached houses – Market size and forecast 2022-2027
    • Exhibit 38: Chart on Semi-detached houses – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Semi-detached houses – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Semi-detached houses – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Semi-detached houses – Year-over-year growth 2022-2027 (%)
  • 6.5 Detached houses – Market size and forecast 2022-2027
    • Exhibit 42: Chart on Detached houses – Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Detached houses – Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Detached houses – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Detached houses – Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Type 
    • Exhibit 46: Market opportunity by Type ($ million)

7 Market Segmentation by Rental Category

  • 7.1 Market segments 
    • Exhibit 47: Chart on Rental Category – Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Rental Category – Market share 2022-2027 (%)
  • 7.2 Comparison by Rental Category 
    • Exhibit 49: Chart on Comparison by Rental Category
    • Exhibit 50: Data Table on Comparison by Rental Category
  • 7.3 Monthly – Market size and forecast 2022-2027
    • Exhibit 51: Chart on Monthly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Monthly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Monthly – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Monthly – Year-over-year growth 2022-2027 (%)
  • 7.4 Weekly – Market size and forecast 2022-2027
    • Exhibit 55: Chart on Weekly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Weekly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Weekly – Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Weekly – Year-over-year growth 2022-2027 (%)
  • 7.5 Daily – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Daily – Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Daily – Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Daily – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Daily – Year-over-year growth 2022-2027 (%)
  • 7.6 Yearly – Market size and forecast 2022-2027
    • Exhibit 63: Chart on Yearly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 64: Data Table on Yearly – Market size and forecast 2022-2027 ($ million)
    • Exhibit 65: Chart on Yearly – Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on Yearly – Year-over-year growth 2022-2027 (%)
  • 7.7 Market opportunity by Rental Category 
    • Exhibit 67: Market opportunity by Rental Category ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 71: Chart on Geographic comparison
    • Exhibit 72: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027
    • Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027
    • Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 APAC – Market size and forecast 2022-2027
    • Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027
    • Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027
    • Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 UK – Market size and forecast 2022-2027
    • Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.10 China – Market size and forecast 2022-2027
    • Exhibit 101: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.11 Canada – Market size and forecast 2022-2027
    • Exhibit 105: Chart on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 107: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.12 Japan – Market size and forecast 2022-2027
    • Exhibit 109: Chart on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 110: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 111: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 116: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 117: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 118: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 119: Matrix on vendor position and classification
  • 12.3 9flats.com PTE Ltd. 
    • Exhibit 120: 9flats.com PTE Ltd. – Overview
    • Exhibit 121: 9flats.com PTE Ltd. – Product / Service
    • Exhibit 122: 9flats.com PTE Ltd. – Key offerings
  • 12.4 Airbnb Inc. 
    • Exhibit 123: Airbnb Inc. – Overview
    • Exhibit 124: Airbnb Inc. – Product / Service
    • Exhibit 125: Airbnb Inc. – Key offerings
  • 12.5 Booking Holdings Inc. 
    • Exhibit 126: Booking Holdings Inc. – Overview
    • Exhibit 127: Booking Holdings Inc. – Business segments
    • Exhibit 128: Booking Holdings Inc. – Key news
    • Exhibit 129: Booking Holdings Inc. – Key offerings
    • Exhibit 130: Booking Holdings Inc. – Segment focus
  • 12.6 BoutiqueHomes 
    • Exhibit 131: BoutiqueHomes – Overview
    • Exhibit 132: BoutiqueHomes – Product / Service
    • Exhibit 133: BoutiqueHomes – Key offerings
  • 12.7 CoStar Group 
    • Exhibit 134: CoStar Group – Overview
    • Exhibit 135: CoStar Group – Product / Service
    • Exhibit 136: CoStar Group – Key offerings
  • 12.8 Elite Destination Homes 
    • Exhibit 137: Elite Destination Homes – Overview
    • Exhibit 138: Elite Destination Homes – Product / Service
    • Exhibit 139: Elite Destination Homes – Key offerings
  • 12.9 Expedia Group Inc. 
    • Exhibit 140: Expedia Group Inc. – Overview
    • Exhibit 141: Expedia Group Inc. – Business segments
    • Exhibit 142: Expedia Group Inc. – Key offerings
    • Exhibit 143: Expedia Group Inc. – Segment focus
  • 12.10 HomeToGo GmbH 
    • Exhibit 144: HomeToGo GmbH – Overview
    • Exhibit 145: HomeToGo GmbH – Product / Service
    • Exhibit 146: HomeToGo GmbH – Key offerings
  • 12.11 Lodgis 
    • Exhibit 147: Lodgis – Overview
    • Exhibit 148: Lodgis – Product / Service
    • Exhibit 149: Lodgis – Key offerings
  • 12.12 LVH Global Inc 
    • Exhibit 150: LVH Global Inc – Overview
    • Exhibit 151: LVH Global Inc – Product / Service
    • Exhibit 152: LVH Global Inc – Key offerings
  • 12.13 NestAway Technologies Pvt Ltd. 
    • Exhibit 153: NestAway Technologies Pvt Ltd. – Overview
    • Exhibit 154: NestAway Technologies Pvt Ltd. – Product / Service
    • Exhibit 155: NestAway Technologies Pvt Ltd. – Key offerings
  • 12.14 Oravel Stays Ltd. 
    • Exhibit 156: Oravel Stays Ltd. – Overview
    • Exhibit 157: Oravel Stays Ltd. – Product / Service
    • Exhibit 158: Oravel Stays Ltd. – Key offerings
  • 12.15 Upad Ltd. 
    • Exhibit 159: Upad Ltd. – Overview
    • Exhibit 160: Upad Ltd. – Product / Service
    • Exhibit 161: Upad Ltd. – Key offerings
  • 12.16 Wyndham Destinations 
    • Exhibit 162: Wyndham Destinations – Overview
    • Exhibit 163: Wyndham Destinations – Product / Service
    • Exhibit 164: Wyndham Destinations – Key offerings
  • 12.17 Zillow Group 
    • Exhibit 165: Zillow Group – Overview
    • Exhibit 166: Zillow Group – Product / Service
    • Exhibit 167: Zillow Group – Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 168: Inclusions checklist
    • Exhibit 169: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 170: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 171: Research methodology
    • Exhibit 172: Validation techniques employed for market sizing
    • Exhibit 173: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 174: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

Online home rental services market to grow by 11.7% Y-O-Y from 2022 to 2023: Reduction in housing space due to an increase in urban population density will drive growth -Technavio WeeklyReviewer

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