Automotive Dealer Management System Market Share

North American Market Forecast

The automotive dealer management system market in the North America region is expected to witness growth of 30% in the projected period on the account of existence of major automakers in the region. The United States followed by Canada is North America’s largest automotive market. Moreover, with the surge in demand for automotive, the market in the region is expected to grow steadily as a result of the industry’s upsurging adoption of cutting-edge technology, there is an increasing demand for integrated software solutions.

Moreover, the automotive industry in the North American region is a well-developed network of automotive dealers. The region is home to major automotive manufacturers and has a high vehicle ownership rate.

APAC Market Statistics

The Asia Pacific automotive dealer management system market is set to observe significant market growth during the time period between 2023 – 2036. The growth of this market can be ascribed on the account of high demand for electric vehicles in the region. Around 59% population in the APAC region prefers purchasing hybrid vehicles. Therefore, the demand for automotive dealer management systems is expected to grow in the future.

Many countries in the Asia Pacific region such as China, and India, are actively promoting digitalization and smart technologies across industries. Automotive dealerships are adopting dealer management system solutions as part of their digital transformation efforts to streamline operations, improve customer experience, and leverage data-driven insights for decision-making. Moreover, with the rise in e-commerce and digital platforms, customers in Asia Pacific have become more demanding and expect a seamless experience when interacting with automotive dealerships.