Enterprise Car Rental Market is estimated to be valued at USD 36.74 Bn in 2025 and is expected to reach USD 50.67 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 36.74 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
4.70%
2032 Value Projection:
USD 50.67 Bn
The market includes different vehicle rental services other than traditional short-term rentals, including long-term leasing arrangements, fleet management solutions, and specialized corporate mobility programs. Enterprise car rental services offer operational efficiency, cost management, and smooth integration with corporate travel policies and expense management systems. The market has grown a lot from offering basic vehicle provision to providing complete mobility solutions that include advanced booking platforms, real-time fleet tracking, maintenance services, and customized reporting capabilities.
Market Dynamics
The increasing globalization of business operations has created a lot of demand for corporate transportation solutions, as companies need mobility services available in different geographic locations. The market is seeing a focus on cost optimization and operational efficiency, which has pushed organizations to outsource their transportation needs. Digital transformation initiatives within corporate travel management have also added to the adoption of integrated booking platforms and automated expense reporting systems, making enterprise car rental services more accessible and administratively efficient. The expansion of business travel, particularly in emerging markets, has also created new opportunities for service providers to explore. Still, the price competition seen among established players has affected profit margins and limited pricing flexibility. Also, economic uncertainties and potential recession concerns can reduce corporate travel budgets, thus, by extension, impacting demand for enterprise rental services. Nevertheless, market players should work on the integration of electric and hybrid vehicles into enterprise fleets, addressing corporate sustainability initiatives and environmental compliance requirements. The development of comprehensive mobility-as-a-service platforms presents opportunities for service differentiation and enhanced customer value propositions.
Key Features of the Study
This report provides in-depth analysis of the global enterprise car rental market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global enterprise car rental market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Enterprise Holdings, Hertz Global Holdings, Avis Budget Group, Sixt SE, Europcar Mobility Group, Localiza, Uber Technologies, ANI Technologies, Carzonrent, Auto Europe, Budget Rent a Car, Fox Rent A Car, Zipcar, EMMANKO AG, and Alamo Rent a Car
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global enterprise car rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global enterprise car rental market
Market Segmentation
Rental Type Insights (Revenue, USD Bn, 2020 - 2032)
Short Term
Long Term
Chauffeur Driven
Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032)
Economy Cars
SUVs & MUVs
Executive Cars
Luxury Cars
Others
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Enterprise Holdings
Hertz Global Holdings
Avis Budget Group
Sixt SE
Europcar Mobility Group
Localiza
Uber Technologies
ANI Technologies
Carzonrent
Auto Europe
Budget Rent a Car
Fox Rent A Car
Zipcar
EMMANKO AG
Alamo Rent a Car
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Enterprise Car Rental Market, By Rental Type
Global Enterprise Car Rental Market, By Vehicle Type
Global Enterprise Car Rental Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Enterprise Car Rental Market, By Rental Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Short Term
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Long Term
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Chauffeur Driven
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Enterprise Car Rental Market, By Vehicle Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Economy Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
SUVs & MUVs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Executive Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Luxury Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Enterprise Car Rental Market, By Region, 2020 - 2032, Value (USD Bn)