Automotive Dealer Management System Market By Component, By Deployment, By Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

Automotive dealership management is a solution designed to efficiently run business operations. Automotive dealership management can be used for different types of applications such as sales, service, inventory management, customer relation management, insurance, financing, and accounting. These applications are designed to simplify the complex ecology of dealership operations while improving the client experience. Automotive dealership management are effective for car dealerships and showrooms in efficiently managing various aspects of business operations. The automotive dealership management system allows streamlining various business activities.

Automotive Dealer Management System Market - IMG1

The growth of the automotive dealership management system is driven by growing demand for cloud-based automotive dealer management system, increase in sales of automobiles globally, and integration of AI and ML capabilities. However, high cost and growing security concerns hinder the growth of the market. On the contrary, factors such as increased in remote working culture in the automobile sector and utilizing automotive dealer management system data for decision-making are anticipated to create lucrative growth opportunity for the market growth during the review period.

In 2021-2022, the global vehicle sales decreased, during the same period there was supply chain disruptions, and rising raw material costs, which led to a steep increase in overall vehicle price, but by 2023, the global vehicle sales started to recover. For instance, in 2023, China alone accounted for over 60% of all EV sales worldwide. Furthermore, a large number of Chinese automakers-including BYD, SAIC-GM Wuling, Chery, Changan, Geely, Hozon Auto, Xpeng, and others-are producing more electric vehicles (EVs) for both local and international markets. These companies are concentrating on developing EV technology and bringing down the overall cost of the vehicle, which, will aid in improving sales in global markets during the forecast period.

During the same time period, there was a shift towards remote working culture in automobile industry majorly due to the COVID pandemic. Remote working enabled automobile companies in lowering down their operational cost, The demand for cloud-based systems also increased as it provided enterprises with greater scalability and flexibility than systems hosted on-site. Additionally, cloud-based systems allowed companies to expand their operations easily and at a lower initial cost than on-premise alternatives. Additionally, a cloud-based automotive dealer management system facilitates efficient management and collaboration amongst various divisions inside a corporation as well as with other dealerships. Real-time data transfer enabled by cloud-based data helped to manage numerous business aspects more effectively and provided customers with more effective service.

Companies are also leveraging the automotive dealer management system data for decision making. The automotive dealership management systems for dealers offer vital information about sales revenue, customer base, and other important data streams. Utilizing data from automobile dealership management systems yield insightful information that is beneficial to the dealerships. This information helps in improving business intelligence, help departments make strategic decisions.. There has been increased trend of analyzing this data to understand market demand, identify client purchasing trends, and figure out new developments in the sector.

However, these systems are complicated, and they also require high setup costs and maintenance costs. Similar to this, different automotive dealerships require specialized solutions to meet their needs. These solutions include integrating and customizing dealer management systems with programs to meet specific dealership requirements. However, doing so requires connecting the system with third-party apps, which raises security issues. Automotive dealership manages sensitive customer and financial data. Phishing attacks have become more common in recent years dealerships typically have unprotected wireless networks installed. Hackers can use this network to obtain private customer and dealership information, thus hindering the overall market expansion.

The global automotive dealer management system market is bifurcated into component, deployment, application, and region. Depending on component, the global automotive dealer management system market has been classified into hardware, and software and services. On the basis of deployment, the market has been analyzed on the basis of on-cloud and on-premise. Based on application, the global market has been bifurcated into customer relationship management, dealer tracking, inventory management, finance and sales, and others. Based on region it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The key companies profiled in the report include Wipro, Oracle, CDK Global LLC, Dealertrack Inc., Elva DMS, Quorum Information Technologies Inc., Irium Software, Autosoft Inc., GaragePlug Inc, The Reynolds and Reynolds Company.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive dealer management system market analysis from 2022 to 2032 to identify the prevailing automotive dealer management system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the automotive dealer management system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global automotive dealer management system market trends, key players, market segments, application areas, and market growth strategies.

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Upcoming/New Entrant by Regions
New Product Development/ Product Matrix of Key Players
SWOT Analysis

Key Market Segments

By Component

Hardware
Software and Services

By Deployment

On-Cloud
On-Premise

By Application

Inventory Management
Finance and Sales
Others
Customer Relationship Management
Dealer Tracking

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Autosoft Inc
Wipro
The Reynolds and Reynolds Company
Oracle
CDK Global LLC
Dealertrack, Inc.
Elva DMS
Quorum Information Technologies Inc.
GaragePlug Inc
Irium Software

Product Code: A204005

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: AUTOMOTIVE DEALER MANAGEMENT SYSTEM MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Hardware
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Software and Services
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: AUTOMOTIVE DEALER MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT

5.1. Overview
- 5.1.1. Market size and forecast
5.2. On-Cloud
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. On-Premise
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: AUTOMOTIVE DEALER MANAGEMENT SYSTEM MARKET, BY APPLICATION

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Customer Relationship Management
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Dealer Tracking
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Inventory Management
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Finance and Sales
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
6.6. Others
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country

CHAPTER 7: AUTOMOTIVE DEALER MANAGEMENT SYSTEM MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Component
- 7.2.3. Market size and forecast, by Deployment
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Component
  - 7.2.5.1.2. Market size and forecast, by Deployment
  - 7.2.5.1.3. Market size and forecast, by Application
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Component
  - 7.2.5.2.2. Market size and forecast, by Deployment
  - 7.2.5.2.3. Market size and forecast, by Application
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Component
  - 7.2.5.3.2. Market size and forecast, by Deployment
  - 7.2.5.3.3. Market size and forecast, by Application
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Component
- 7.3.3. Market size and forecast, by Deployment
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Component
  - 7.3.5.1.2. Market size and forecast, by Deployment
  - 7.3.5.1.3. Market size and forecast, by Application
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Component
  - 7.3.5.2.2. Market size and forecast, by Deployment
  - 7.3.5.2.3. Market size and forecast, by Application
  - 7.3.5.3. UK
  - 7.3.5.3.1. Market size and forecast, by Component
  - 7.3.5.3.2. Market size and forecast, by Deployment
  - 7.3.5.3.3. Market size and forecast, by Application
  - 7.3.5.4. Spain
  - 7.3.5.4.1. Market size and forecast, by Component
  - 7.3.5.4.2. Market size and forecast, by Deployment
  - 7.3.5.4.3. Market size and forecast, by Application
  - 7.3.5.5. Russia
  - 7.3.5.5.1. Market size and forecast, by Component
  - 7.3.5.5.2. Market size and forecast, by Deployment
  - 7.3.5.5.3. Market size and forecast, by Application
  - 7.3.5.6. Rest of Europe
  - 7.3.5.6.1. Market size and forecast, by Component
  - 7.3.5.6.2. Market size and forecast, by Deployment
  - 7.3.5.6.3. Market size and forecast, by Application
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Component
- 7.4.3. Market size and forecast, by Deployment
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Component
  - 7.4.5.1.2. Market size and forecast, by Deployment
  - 7.4.5.1.3. Market size and forecast, by Application
  - 7.4.5.2. India
  - 7.4.5.2.1. Market size and forecast, by Component
  - 7.4.5.2.2. Market size and forecast, by Deployment
  - 7.4.5.2.3. Market size and forecast, by Application
  - 7.4.5.3. Japan
  - 7.4.5.3.1. Market size and forecast, by Component
  - 7.4.5.3.2. Market size and forecast, by Deployment
  - 7.4.5.3.3. Market size and forecast, by Application
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Component
  - 7.4.5.4.2. Market size and forecast, by Deployment
  - 7.4.5.4.3. Market size and forecast, by Application
  - 7.4.5.5. Australia
  - 7.4.5.5.1. Market size and forecast, by Component
  - 7.4.5.5.2. Market size and forecast, by Deployment
  - 7.4.5.5.3. Market size and forecast, by Application
  - 7.4.5.6. Rest of Asia-Pacific
  - 7.4.5.6.1. Market size and forecast, by Component
  - 7.4.5.6.2. Market size and forecast, by Deployment
  - 7.4.5.6.3. Market size and forecast, by Application
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Component
- 7.5.3. Market size and forecast, by Deployment
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Component
  - 7.5.5.1.2. Market size and forecast, by Deployment
  - 7.5.5.1.3. Market size and forecast, by Application
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Component
  - 7.5.5.2.2. Market size and forecast, by Deployment
  - 7.5.5.2.3. Market size and forecast, by Application
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Component
  - 7.5.5.3.2. Market size and forecast, by Deployment
  - 7.5.5.3.3. Market size and forecast, by Application

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Wipro
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Oracle
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. CDK Global LLC
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Dealertrack, Inc.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Elva DMS
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Quorum Information Technologies Inc.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Irium Software
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Autosoft Inc
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. GaragePlug Inc
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. The Reynolds and Reynolds Company
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments