The global car rental market size will be valued at $97.3 billion in 2023 and is expected to grow to $131.5 billion by 2026 at a compound annual growth rate (CAGR) of 10.6%.
The car rental market is evolving rapidly due to the growth of the tourism industry as local and international tourists consider car rental as a convenient, flexible option for transportation. Also, increasing urbanization is contributing to the growth of car rental services. It leads to a sudden surge in car rental service providers in the market to make the most out of the lucrative opportunity.
To address a couple of more challenges associated with the car rental service market, there’s a need for React.JS developers to get built a mobility solution that further helps car rental services to keep up with the competition via mobility options like- car sharing, peer-to-peer, and ride-hailing services. Realizing the need, car rental businesses have started jumping on the mobile app development bandwagon.
Developing a car rental booking system is a strategic decision that allows businesses to align with customer preferences and effectively manage operations in the highly competitive market. However, with a plethora of technologies available for building car rental applications, it can be challenging for businesses to determine the most suitable option. The choice of technology significantly impacts the cost of car rental app development.
Realizing the problem that car rental businesses face in tech stack selection for car rental app development, here are a couple of reasons enlisted describing why should businesses select React.JS for powering car rental mobile applications. Let’s dive in!
Why consider React for car rental booking Application development?
Leveraging React.js for car rental booking applications offers numerous advantages for businesses. Car rental businesses can benefit from reduced cost and ensure high-quality development when they hire react developers remotely. This combination of cost savings and the utilization of React.js technology presents a lucrative opportunity. Here are the key advantages that car rental business owners should consider when opting for React.js:
Cost efficient development
With hundreds of car rental service providers in the market, car rental businesses are already under the pressure of offering economical services to customers. That’s where they are looking for technology that enables app development at a lower cost.
React.JS promotes the concept of reusable components where code components written once are reused throughout the app or even across different projects. This not only saves development time but also ensures consistency and easier maintenance of the codebase.
React.JS, with its efficiency, code reusability, and faster development time, can help reduce overall development costs. The ability to build cross-platform apps with a single codebase also eliminates the need for separate development teams or resources for each platform, saving both time and resources. Go through the car rental app development cost guide to know how much you need to spend for car rental app development and then compare how much you can save with React.JS technology.
Keeping up with the latest trends is the only way to survive and thrive in the market. It’s no exception with car rental service providers. React.JS allow car rental businesses to outgrow and outdo the competition by launching the app in a reduced time.
React.JS follows a component-based architecture that allows the reuse and combining of components across the app. This reusability speeds up the development process and improves efficiency. Additionally, React.JS uses a virtual DOM (Document Object Model) that efficiently updates only the necessary components, resulting in faster rendering and app performance.
Thereby car rental businesses can get car rental booking applications quickly and delight the target customers with unmatched performance.
Improved user experience
The inconvenience that customers face with conventional car rental booking has made car rental businesses invest in car rental booking app development. React.JS make the digital car rental booking a breeze with user-friendly app development.
React.JS offers a highly responsive and interactive user interface with reusable UI components that encapsulate their behavior, styling, and rendering logic, making them modular and independent. When the library of reusable components is plugged into different projects, enhancing productivity and consistency across the UI, resulting in a smooth and engaging user experience.
React.JS enables the development of fast-loading apps with smooth animations and transitions, leading to higher user satisfaction and retention.
Enhance brand awareness with cross-platform compatibility
Car rental businesses are struggling due to low customer conversion ratios as competition is tough. Targeting specific segments of the users and connecting with them at scale is feasible when car rental businesses can create a presence on multiple channels. React.JS facilitates creating a car rental business presence internationally with cross-platform capability.
React.JS allows for cross-platform development. With a single codebase, businesses will get created car rental booking mobile apps that work seamlessly on both iOS and Android platforms. This significantly reduces development time and cost compared to building separate apps for each platform. Thereby car rental businesses can attract the attention of a wide user base by publishing the app on two major operating systems without spending a ton.
Build a feature-rich app with a third-party library ecosystem
Building an app with a unique value proposition differentiates the app from the crowd. Car rental businesses need to make a difference in the market to stay ahead of the curve. That’s where React.JS technology helps in building a feature-rich app with an ecosystem of third-party libraries and integration with advanced technologies such as IoT, ML, and others.
React.JS has a vast ecosystem of third-party libraries and components that can be readily integrated into the app. These libraries provide additional functionality, such as UI components, navigation patterns, form handling, and data management. Leveraging these libraries saves development effort and allows for rapid prototyping and feature implementation.
For instance, knowing the driving style of a driver is all-important, especially when they are traveling in another city as they may not be familiar with driving rules such as driving above a defined speed or others. React.JS technology seamlessly integrates with IoT technology and thereby informs businesses when rented cars cross a speed limit, which helps in avoiding further consequences.
Maintain the app like a pro
Car rental booking system development is not a one-time job that gets over as soon as the booking system is mobilized. In fact, it’s an ongoing process where price structure, car rental services, UI design, and other needs to scale or change while analyzing customers’ needs. It requires continuous maintenance that gets easier with React.JS technology leverage.
React.JS uses a modular and declarative approach, making it easier to understand, maintain, and update the codebase. It describes what the UI should look like based on its current state and how the UI should appear for different states or data inputs. When it requires making changes to specific components without affecting the entire app, it results in better code organization and manageability. This also simplifies bug fixing and introduces new features with minimal disruption to the overall app.
What’s your response?
With the continued dominance of the mobile car rental businesses, the revenue of car rental businesses is also expected to surge. The underlying technology stack also plays a vital role in increasing the business advantages of car rental service providers.
By leveraging React.JS for car rental mobile app development, businesses can benefit from faster development cycles, cost savings, improved user experience, and a robust ecosystem of tools and libraries. These advantages contribute to the overall success of the app and help businesses deliver high-quality, performant, and scalable mobile solutions. This, in turn, increases the number of car rental bookings, loyal fans, and business revenue.