Automotive Dealer Management System Market Growth, Trends, Size, Demand and Future Outlook
Automotive Dealer Management System Market Size- By Component, By Deployment, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: IACT23171 | Pages: 1 - 244 | Formats*: |
| Category : Information & Communications Technology | |||
Automotive Dealer Management System Market Introduction and Overview
According to SPER Market Research, the Global Automotive Dealer Management System Market is estimated to reach USD 15.77 billion by 2033 with a CAGR of 12.8%.
The report includes an in-depth analysis of the Global Automotive Dealer Management System Market, including market size and trends, product mix, Applications, and supplier analysis. A software called an automotive dealer management system is used to organise client information, vehicle price, part details, administration, warranty claims, etc. These programmes function as a combination of ERP and CRM programmes. Records of sales and associated services, as well as after-sale client services, can be managed by the automotive dealer management system. Keeping track of vehicle sales, inventory, and custom complaints helps dealers and sales staff provide the finest services to their clients, which in turn helps increase sales.
- Top automotive retail software company CDK Global Inc. was expected to present its new portfolio of enhanced dealer workflows at the National Automobile Dealers Association (NADA) Show in Dallas. CDK will provide innovative and enhanced solutions in Digital Sales, CRM, F&I, Fixed Operations, and DMS to automotive retailers, OEMs, and industry partners in North America.
- For car dealers, Autosoft Inc. introduced next-generation retail solutions. It is an all-in-one cloud-based technology platform designed for franchised car dealers.
Market Opportunities and Challenges
With the introduction of contemporary techniques in a number of functional areas, including supply chain logistics, retailing and leasing, linked vehicles, and mobility solutions, the automobile sector has recently seen significant technical breakthroughs. This revolution has also had a significant impact on the automotive dealer management system industry, which is growing due to advancements in inventory management and pre- and post-sale analytics. Additionally, the market's participants are benefiting from rising CRM investments as they retain client relationships and expand their customer base.
However, in general, automotive dealer management systems are expensive and have limited customizability due to their complexity. Modern dealer management systems utilised in the sector are being optimised with mobile and web platforms thanks to technological improvements. Smart features and real-time statistics (dealer tracking, online on-boarding, sales inputs, and company monitoring) also help these. Due to the high cost of these capabilities, the market for automobile dealer management systems is not growing as quickly and their adoption is somewhat hampered.
Market Competitive Landscape
The global automotive dealer management system market is made up of both public and private companies. It is primarily distinguished by rising product development expenditures as well as an increase in player partnerships and strategic acquisitions aimed at bolstering their market positions. The major players in the market include: Autosoft Inc., Blue Sky Business Solutions Inc., CDK Global LLC, COGXIM Softwares Pvt. Ltd., Cox Automotive Inc., Dominion Enterprises, Epicor Software Corporation, Gateway DMS Pty. Ltd., International Business Machines Corporation, LLC dba Internet Brands, Motility Software Solutions, PBS Systems, Quorum Information Technologies Inc., Ramco Systems Limited, SAP SE, Solera Inc., Wipro Limited, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component, By Deployment, By Application, By End User |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Autosoft Inc., Blue Sky Business Solutions Inc., CDK Global LLC, COGXIM Softwares Pvt. Ltd., Cox Automotive Inc., Dominion Enterprises, Epicor Software Corporation, Gateway DMS Pty. Ltd., International Business Machines Corporation, LLC dba Internet Brands, Motility Software Solutions, PBS Systems, Quorum Information Technologies Inc., Ramco Systems Limited, SAP SE, Solera Inc., Wipro Limited, Others |
COVID-19 Impact on Global Automotive Dealer Management System Market
The global COVID-19 pandemic of 2020 caused numerous lockdowns and business disruptions, including auto dealership closures. As a result, the market for dealer management systems grew more slowly. Nevertheless, in the face of these difficulties, the U.S. government allowed several state dealerships in the country to carry on with their operations by designating them as vital enterprises, especially in the transportation industry. This exception was verified by the National Automobile Dealers Association (NADA). Because of its reputation for innovation-driven policies and cutting-edge technology, North America may experience economic setbacks if its industrial growth is disrupted. Businesses were severely impacted by the COVID-19 epidemic, which also resulted in lockdowns in several other nations.
Key Target Audience:
- Automotive Dealership Owners
- Compliance and Regulatory Officers
- Dealership Groups and Franchisors
- Finance and Accounting Professionals
- General Managers
- Independent Service Centers
- IT and Technology Staff
- Manufacturer and Distributor Representatives
- Sales Representatives
- Service Advisors
- Service Managers
- Others
Our in-depth analysis of the Automotive Dealer Management System Market includes the following segments:
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Key Topics Covered in the Report:
- Global Automotive Dealer Management System Market Size (FY’2023-FY’2033)
- Overview of Global Automotive Dealer Management System Market
- Segmentation of Global Automotive Dealer Management System Market By Component (Solution, Service)
- Segmentation of Global Automotive Dealer Management System Market By Deployment (Cloud-Based, On-Premise)
- Segmentation of Global Automotive Dealer Management System Market By Application (Customer Relationship Management, Dealer Tracking, Finance, Inventory, Sales, Others)
- Segmentation of Global Automotive Dealer Management System Market By End User (Automotive Rental Services, Dealership Repair Shops, New Automotive Dealer, Used Automotive Dealer, Others)
- Statistical Snap of Global Automotive Dealer Management System Market
- Expansion Analysis of Global Automotive Dealer Management System Market
- Problems and Obstacles in Global Automotive Dealer Management System Market
- Competitive Landscape in the Global Automotive Dealer Management System Market
- Impact of COVID-19 and Demonetization on Global Automotive Dealer Management System Market
- Details on Current Investment in Global Automotive Dealer Management System Market
- Competitive Analysis of Global Automotive Dealer Management System Market
- Prominent Players in the Global Automotive Dealer Management System Market
- SWOT Analysis of Global Automotive Dealer Management System Market
- Global Automotive Dealer Management System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Automotive Dealer Management System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Dealer Management System Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Dealer Management System Market
7. Global Automotive Dealer Management System Market, By Component (USD Million)
7.1. Global Automotive Dealer Management System Market Value Share and Forecast, By Component, 2023-20337.2. Solution7.3. Services7.3.1. Managed Services7.3.2. Professional Services
8. Global Automotive Dealer Management System Market, By Deployment (USD Million)
8.1. Global Automotive Dealer Management System Market Value Share and Forecast, By Deployment, 2023-20338.2. Cloud-Based8.3. On-Premise
9. Global Automotive Dealer Management System Market, By Application (USD Million)
9.1. Global Automotive Dealer Management System Market Value Share and Forecast, By Application, 2023-20339.2. Customer Relationship Management9.3. Dealer Tracking9.4. Finance9.5. Inventory9.6. Sales9.7. Others
10. Global Automotive Dealer Management System Market, By End User (USD Million)
10.1. Global Automotive Dealer Management System Market Value Share and Forecast, By End User, 2023-203310.2. Automotive Rental Services10.3. Dealership Repair Shops10.4. New Automotive Dealer10.5. Used Automotive Dealer10.6. Others
11. Global Automotive Dealer Management System Market Forecast, 2019-2033 (USD Million)
11.1. Global Automotive Dealer Management System Market Size and Market Share
12. Global Automotive Dealer Management System Market, By Component, 2019-2033 (USD Million)
12.1. Global Automotive Dealer Management System Market Size and Market Share By Component (2019-2026)12.2. Global Automotive Dealer Management System Market Size and Market Share By Component (2027-2033)
13. Global Automotive Dealer Management System Market, By Deployment, 2019-2033 (USD Million)
13.1. Global Automotive Dealer Management System Market Size and Market Share By Deployment (2019-2026)13.2. Global Automotive Dealer Management System Market Size and Market Share By Deployment (2027-2033)
14. Global Automotive Dealer Management System Market, By Application, 2019-2033 (USD Million)
14.1. Global Automotive Dealer Management System Market Size and Market Share By Application (2019-2026)14.2. Global Automotive Dealer Management System Market Size and Market Share By Application (2027-2033)
15. Global Automotive Dealer Management System Market, By End User, 2019-2033 (USD Million)
15.1. Global Automotive Dealer Management System Market Size and Market Share By End User (2019-2026)15.2. Global Automotive Dealer Management System Market Size and Market Share By End User (2027-2033)
16. Global Automotive Dealer Management System Market, By Region, 2019-2033 (USD Million)
16.1. Global Automotive Dealer Management System Market Size and Market Share By Region (2019-2026)16.2. Global Automotive Dealer Management System Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific16.4. Europe16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Autosoft Inc.17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Blue Sky Business Solutions Inc.17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. CDK Global LLC17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. COGXIM Softwares Pvt. Ltd.17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Cox Automotive Inc.17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Dominion Enterprises17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. Epicor Software Corporation17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Gateway DMS Pty. Ltd.17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. International Business Machines Corporation17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. LLC dba Internet Brands17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Motility Software Solutions17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments17.12. PBS Systems17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments17.13. Quorum Information Technologies Inc.17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments17.14. Ramco Systems Limited17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments17.15. SAP SE17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments17.16. Solera Inc.17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent developments17.17. Wipro Limited17.17.1. Company details17.17.2. Financial outlook17.17.3. Product summary17.17.4. Recent developments17.18. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The North America region is anticipated to have the highest market share in Automotive Dealer Management System Market.
The key players in the market include Companies Covered Autosoft Inc., Blue Sky Business Solutions Inc., CDK Global LLC, COGXIM Softwares Pvt. Ltd., Cox Automotive Inc., Dominion Enterprises, Epicor Software Corporation, Gateway DMS Pty. Ltd., International Business Machines Corporation, LLC dba Internet Brands, Motility Software Solutions, PBS Systems, Quorum Information Technologies Inc., Ramco Systems Limited, SAP SE, Solera Inc., Wipro Limited, Others
A software called an automotive dealer management system is used to organise client information, vehicle price, part details, administration, warranty claims, etc.
Automotive Dealer Management System Market is projected to reach USD 15.77 billion by 2033, growing at a CAGR of 12.8% during the forecast period.
Automotive Dealer Management System Market grew in market size from 2023. The Market is expected to reach USD 15.77 billion by 2033, at a CAGR of 12.8% during the forecast period.
Automotive Dealer Management System Market CAGR of 12.8% during the forecast period.
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Automotive Dealer Management System Market size is USD 15.77 billion from 2023 to 2033.
Automotive Dealer Management System Market Segment is Covered By Component, By Deployment, By Application, By End User
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