Asia-Pacific Automotive Dealer Management System Market By Service Type (Cloud Based, On Site), By End Use (Public, Private), By Application (Inventory Management, Dealer Tracking, Customer Relationship Management, Others), By Country, Competition Forecast & Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAsia-Pacific Automotive Dealer Management System Market By Service Type (Cloud Based, On Site), By End Use (Public, Private), By Application (Inventory Management, Dealer Tracking, Customer Relationship Management, Others), By Country, Competition Forecast & Opportunities, 2028
Asia-Pacific Automotive Dealer Management System Market is predicted to thrive during the upcoming years due to the rising demand for improved and accessible inventory management in automotive industry. The market is experiencing rapid growth and potential in the forecast period owing to the need for improved sales tracking, enhanced customer relationship management (CRM) and improved commission & insurance calculation along with the technological advancements across the region. The technologies in the automotive dealer management systems are escalating with the incorporation of the artificial intelligence (AI) to improve the data analytics capabilities of the system.
A typical Dealer Management System (DMS) addresses a wide range of needs, including pre-sales (lead/enquiry management), sales, purchasing, service/after sales, inventory management, financial accounting, human resources, and CRM. It connects OEMs and businesses, distributors, dealers, and customers, resulting in a smooth and enhanced operational experience. A DMS is a dealer's ERP (enterprise resource planning), allowing dealerships to run their day-to-day operations more efficiently.
Advances in digital technologies have enabled automobiles to implement advanced solutions. The DMS is an ideal solution for automakers dealing with spare parts inventory and work order management. To track automobile manufacturer and customer relationships, the system incorporates CRM and business intelligence tools. DMS is used by many car dealers to manage their inventory and sales. These systems also allow automobile dealers to streamline interactions between customers, dealers, and original equipment manufacturers (OEMs). Furthermore, DMS cater to the specific requirements of the retail automotive industry. The DMS manages new and used vehicle sales, consumer financing, repair and maintenance services, and vehicle and parts inventory. Additionally, DMS provides cash flow management, financial reporting, and payroll services.
Rising Advancements in Automotive Industry are Fueling the Market Growth
In the historical period, the automotive industry has experienced several technological advancements. The impact of modern technologies has shaped the industry over the course. The advancements in digital technologies have made it possible for automobiles to implement advanced solutions.
Rising Demand for Fleet Management Analytics is Driving the Market Growth
One of the major factors driving market growth is the increasing demand for fleet management analytics. These systems provide real-time information, perform automated tasks, and provide valuable insights from the data collected, resulting in the development of valuable strategies for profitable growth. Fleet management analytics makes it easier to identify the source of issues that may jeopardize compliance. One critical area is fatigue management, and fleet managers must keep track of how many hours drivers have worked, ensure that drivers take the required rest breaks, and have visibility into found at hours to plan work schedules. Thus, the growing demand for fleet management analytics across the Asia-Pacific Region is in turn is escalating the demand for the implementation of the automotive dealer management systems in the forecast period.
Market Segmentation
Based on service type, the market is segmented into cloud based and on site. Based on end use, the market is divided into public and private. Based on application, the market is fragmented into inventory management, dealer tracking, customer relationship management and others. The market analysis also studies the country segmentation, divided among
Recent Developments
Company Profiles
Keyloop Holdings (UK) Limited, The Reynolds and Reynolds Company, Dominion Enterprises, Incadea GmbH, International Business Machines Corporation, Autofusion Inc., BiT Dealership Software, Inc., Blue Skies Business Solutions Inc., Dealer Track Holdings Inc., NEC Corporation,
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | By Service Type By End Use By Application By Country |
| Country Scope | China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea, Philippines, Singapore |
| Key Companies Profiled | Keyloop Holdings (UK) Limited, The Reynolds and Reynolds Company, Dominion Enterprises, Incadea GmbH, International Business Machines Corporation, Autofusion Inc., BiT Dealership Software, Inc., Blue Skies Business Solutions Inc., Dealer Track Holdings Inc., NEC Corporation |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country & segment scope. |
| Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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