Global Automotive Software Market Share, Size, Statistics & Technology Used by 2023

The report “Automotive Software Market” is analyzed based on various regions such as North America, Europe, Asia-Pacific & LAMEA, including different countries in each region. The report will assist reader with better understanding and decision making.

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In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Automotive Software market for 2018-2023.

In this report, automotive software is a kind of software which is mainly used in the automotive and aftermarket sales. The automotive software can help companies and distributors to increase sales and margins, make smarter and faster inventory decisions and reduce returns etc.
In this report, automotive software contains Dealer Management System (DMS), F&I Solution, Electronic Vehicle Registration, Inventory solutions, Digital Marketing Solution and other software.

Automotive software market kept growing in recent years. As automotive market develop in a rapid period, automotive software market will keep in rapid development.

Over the next five years, LPI(LP Information) projects that Automotive Software will register a 12.1% CAGR in terms of revenue, reach US$ 17200 million by 2023, from US$ 8660 million in 2017.

To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of the little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, automotive software market will be a market of fierce competition.

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To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:

Dealer Management System
F&I Solution
Inventory Solutions
Digital Marketing Solution
Others

Segmentation by Application:

Manufacturer Retail Store
Automotive Dealer
Automotive Repair Store
Auto Part Wholesaler & Agent

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:

CDK Global
Cox Automotive
Reynolds and Reynolds
Dealertrack
Dominion Enterprise
Wipro Limited
Infomedia
TitleTec
Epicor
Auto - IT
MAM Software
Internet Brands
NEC
ARI
Auto/Mate
RouteOne
WHI Solutions
Yonyou
Shenzhen Lianyou
Kingdee
Qiming Information
Checking - On - Tech
Guangzhou Surpass

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Companies Mentioned:

Reynolds and Reynolds
Dealertrack
Dominion Enterprise
Wipro Limited
Infomedia
TitleTec
Epicor
Auto - IT
MAM Software
Internet Brands
NEC
ARI
Auto/Mate
RouteOne

Research objectives:

To study and analyze the global Automotive Software market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Automotive Software market by identifying its various subsegments.

Focuses on the key global Automotive Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Software with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Automotive Software submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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