In 2023, Italy had a certain number of enterprises engaged in the renting and leasing of cars and light motor vehicles. From 2024 to 2028, the forecasted number indicates a steady annual increase from 3.15 thousand enterprises in 2024 to 3.55 thousand enterprises in 2028. This reflects a consistent growth pattern of approximately 3.17% year-over-year.
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is an indicator of robust development within this market segment.
Future trends to watch for include:
- Impact of technological advancements such as electric vehicles and autonomous driving on the rental and leasing industry.
- Shifts in consumer preferences towards sustainable and flexible mobility solutions.
- Regulatory changes affecting vehicle emissions and ownership.