The Online Apartment Rental Services industry is a relatively young industry that has grown rapidly over the past five years. Over the five years to 2017, demand for this industry has skyrocketed as people have become increasingly comfortable using the internet, and more people have become aware of rental websites. Over the next five years, growth is expected to slow slightly, as competition causes the industry to become slightly saturated. Additionally, the industry's initial boom will begin to wane, and most people will have already become aware of rental websites. However, steady demand for apartments as well as improvements in industry software will likely lead to strong revenue growth over the next five years.
This industry provides internet listing and search functions for residential rental properties. In addition to connecting potential renters with apartment owners and managers, these websites often provide targeted advertising services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.