Global Auto Dealer Software Market Overview:
Auto dealer is a type software that equips auto dealers with a suite of powerful tools. It gives real-time insights, automate tasks, & turn data into profitable growth, all on a single platform built especially for auto dealerships. Task such as Track financial accounts related to invoicing & ledger, Manage inventory of used & unused vehicles, Optimize cost of vehicle repairs & other are automate by the software. The increasing demand for cloud based solutions is expected to drive the auto dealer software market during forecast period Some of the key players profiled in the study are Wipro (India), CDK Global (United States), Reynolds and Reynolds (United States), Cox Automotive (United States), RouteOne (United States), DealerSocket (United States), Internet Brands (United States), Epicor (United States), Yonyou (China) and ARI Network Services (United States).
On the basis of geography, the market of Auto Dealer Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Deployment Model, the sub-segment i.e. On-Premise will boost the Auto Dealer Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Transportation & Logistics will boost the Auto Dealer Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Cloud Based Solutions
- Increasing Demand from Automotive Industry
- Introduction of Advanced Technology in Auto Dealer
- Lack of Awareness About Product in Developing Economies
- Increasing Demand from Emerging Economies Such As India and China
- Lack of Skilled Workforce to Handle Portals
Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. As well as investing money in R&D sector to make technical up-gradations in the product.
Target Audience:Developers of Auto Dealer Software, Software Solution Provider, Automotive Industry, Transportation Industry, Marine Industry and Governmental Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global Auto Dealer Software market on the basis of product [DSM Software, CRM Software, Marketing Software and Other] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Auto Dealer Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Auto Dealer Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are WHI Solutions (United States), Infomedia (United States) and MAM Software (United Kingdom).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Auto Dealer Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.