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Automotive Software Market Size Expected to Reach $23030 Million by 2027

10-04-2021 06:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Automotive Software Market Size Expected to Reach $23030

The global Automotive Software market size is projected to reach US$ 23030 million by 2027, from US$ 11740 million in 2020, at a CAGR of 10.1% during 2021-2027. The growing demand for Automotive Software is due to a steady increase in the use of computer components to expand different vehicle technologies such as ADAS and infotainment systems. The rising automotive industry, combined with technical advances, improves the experience of diving and ensures drivers' safety. These advantages are, in turn, expected to increase the Automotive Software Market size during the forecast period.

In this report, automotive software is a kind of software that is mainly used in 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.

Inquire for Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-1055/Global_Automotive_Software_Market

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.

Viewed from the supply side, there are many companies in the market. Viewed from the demand side, the current demand for automotive software product is growing. USA occupies about 60% market share, Asia market is growing in recent years.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-1055/global-automotive-software

The rapid adoption of connected vehicles is expected to fuel the demand for the Automotive Software Market size. Technologies such as vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) increase the use of electronic products in automotive software.

Automotive Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Automotive Software Market by Type

o Dealer Management System
o F&I Solution
o Electronic Vehicle Registration
o Inventory Solutions
o Digital Marketing Solution
o Others

Automotive Software Market by Application

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

Major Players in the Automotive Software Market

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

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