Automotive Dealer Management System Market Analysis

  • Report ID: 3759
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Automotive Dealer Management System Market Analysis

Component (Software, Services)

The services segment is expected to dominate the global automotive dealer management system market by the end of 2036. This segment is expected to continue to grow as it includes numerous services such as consulting, maintenance, and support. All these services ensure that DOS Solution runs smoothly. Therefore, the acceptance of DMS by automotive dealers is likely to increase, which will further drive the market growth of car dealer management systems.

The software sector is also expected to see significant growth in the coming years. The software takes into account inventory, warranty claims, vehicle prices, etc. to ensure all work is done properly.

Deployment (Cloud-based, On-premises)

The cloud-based segment is expected to dominate the market by registering a growth of 60% in the upcoming years. This is because more and more car dealers are adopting cloud-based solutions due to low initial costs and ubiquitous access. It has cutting-edge features such as automation and analytics. For instance, approximately 67% of car dealers worldwide believe the use of artificial intelligence (AI) is having a positive impact on their operations due to the increasing amount of data generated by dealers, manufacturers, and cars. 

In the coming year, the shift to digitalization and increased use of mobile devices by automotive customers and dealers is expected to further fuel the rise of his cloud-based DMS solutions.  

Our in-depth analysis of the global market includes the following segments:

 

            Component

 

  • Software
  • Services

 

           Deployment

  • Cloud-based
  • On-premises

           Application

  • Customer Relationship Management
  • Dealer Tracking
  • Inventory Management
  • Finance
  • Sales

           End-Use Industry

  • Automotive
  • Marine & Motorsports
  • Oil & Gas
  • Transportation & Logistics
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Author Credits:  Saima Khursheed


  • Report ID: 3759
  • Published Date: May 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automotive dealer management system is evaluated at USD 4.8 Billion.

Automotive Dealer Management System Market size was over USD 4.5 Billion in 2023 and is poised to reach USD 10.9 Billion by the end of 2036, growing at around 9% CAGR during the forecast period i.e., between 2024-2036. Growing demand for second-hand vehicles and a high focus on better customer experience are some of the major factors anticipated to drive the growth of the market.

The North American industry is expected to witness growth of 6.5% through 2036, on account of existence of major automakers in the region.

CDK Global LLC, Autosoft Inc., Bit Dealership Software, Inc., RouteOne LLC, Epicor Software Corporation, MH Sub I, LLC dba Internet Brands, WHI Solutions, Inc., e-Emphasys Technologies Inc., DealerSocket, LLC, Cox Enterprises, Inc.
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