, /PRNewswire/ -- The global online home rental services market size is estimated to grow by .01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 14.
72% during the forecast period. High real estate prices make homeownership unaffordable is driving market growth, with a trend towards growth in demand for small innovative home structures. However, government policies for promoting housing poses a challenge.
Key market players 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.. Get a detailed analysis on regions, market segments, customer landscape, and companies- The global online home rental services market is experiencing significant growth due to the increasing demand for alternative housing solutions in densely populated cities.
With the affordability of traditional housing becoming a challenge in metropolitan areas like , , , , and , small home structures such as capsule apartments, box apartments, and micro-apartments are gaining popularity. The vacation rental marketplace is also contributing to this growth, as platforms like Airbnb, HomeAway, and VRBO provide homeowners with an opportunity to rent out their properties when they are a.
