Automotive Dealer Management System Market Analysis by 2031
Automotive Dealer Management System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4.28 Billion |
Market Size by 2031 | US$ 9.50 Billion |
Global CAGR (2023 - 2031) | 10.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Dealer Management System Market News and Recent Developments
The automotive dealer management system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive dealer management system market are listed below:
- Dominion DMS announced a strategic partnership with Gather, the auto industry's first and only identity and insurance verification and transfer system. The collaboration incorporates Gather's revolutionary technology and Dominion DMS's flagship product, VUE, a cloud-core dealer management system. The integration of Gather’s innovative technology with VUE by Dominion DMS represents a significant milestone in the automotive industry. Together, these solutions empower dealerships to enhance operational efficiency, streamline processes and deliver an exceptional customer experience
(Source: Dominion, Press Release, May 2024)
- CDK announced the extension of its agreement with Group 1 Automotive, a Fortune 300 automotive retailer with 203 dealerships located in the US and the UK, to provide its US franchise locations with the CDK Dealership Xperience, an open and integrated cloud-native platform that modernizes how dealers sell service cars and operate their businesses in a digital world.
(Source: CDK, Press Release, May 2024)
Automotive Dealer Management System Market Report Coverage and Deliverables
The "Automotive Dealer Management System Market Size and Forecast (2021–2031)" provides a detailed analysis of the Market covering the areas mentioned below:
- Automotive dealer management system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive dealer management system market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Automotive dealer management system market analysis covering key market trends, global and regional framework, major players, regulations, and recent Market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive dealer management system market
- Detailed company profiles