Dealer Management System Market Trends Top Manufacturers Opportunities and Forecast to 2030

The "Dealer Management System Market" is expected to grow from US$ 7.92 billion in 2022 to US$ 18.20 billion by 2030. The dealer management system market is estimated to register a CAGR of 11.0% during 2022-2030.

Moreover, many automobile manufacturers such as BMW, Tesla, Ford, Hyundai, Toyota, Nissan, and Mercedes-Benz are using dealer management systems to streamline their business operations. These companies integrate dealer management systems in their business operations to manage their parts & accessory inventories and ensure the right components are available for repairs and customization. Such factors positively impact dealer management system market growth.

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Companies Profiled in this report includes:

• e-Emphasys Technologies Inc.
• ANNATA Ehf
• DealerBox SAS
• Hitachi Solutions Ltd
• Irium Software SAS
• XAPT Software Consulting LLC
• CDK Global Inc
• Cox Automotive
• Constellation Software Inc
• Tekion Corp

Growing need for dealer management systems in the automotive allows users to manage a network of dealers effectively.
The system consists of a wealth of features that help automotive dealers to reduce costs by maximizing the functionality of business operations. Dealer management helps automotive dealers track their vehicle inventory including model, pricing, availability of model, and specification, which allows the dealer to efficiently manage their stock and take corrective decisions related to restocking or selling of vehicle models. The expansion of the automotive industry increases the adoption of dealer management systems among dealers during the forecast period. According to IEA, in 2022, electric vehicle (EV) sales increased by 10 million. China is the foremost market for EVs, accounting for 60% of the world's total EV sales. The country is planning to double the sale of EVs by 2025. Accelerating sales of EVs across the globe supports the adoption of dealer management systems among automobile dealers. The system supports automobile dealers in managing customer data, tracking leads, and automating the sales process, which increases its demand and drives dealer management system market.

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Dealer Management System Market Segmentation:

By Deployment:
• On-Premise
• Cloud

Equipment Type:
• Automobile,
• Agricultural & Forestry Machinery
• Construction Equipment
• Gardening Equipment
• Heavy Trucks
• Material Handling & Lifting Equipment
• Mining Equipment

Europe is technologically advanced, owing to the high adoption rate of advanced technologies in Germany, the UK, France, Spain, Italy, and Russia. In Europe, the dealer management system market in Germany is driven by significant investment by enterprises and the need to manage and maintain business operations effectively. The dealer management system is used to streamline the sales process and properly manage the inventory. The system supports the sales team to easily manage customer information, track leads, and enhance customer's overall experience. Germany is the world's fastest electric car seller, with sales of over 194,000 cars in 2020, increased by 63,000 in 2019, and expected to reach 10 million EVs on the road by 2030. Rising environmental concerns increase the demand and adoption of EVs among consumers. The expansion of the EV industry is creating demand for dealer management systems among EV manufacturers to manage the overall EV delivery process. Car manufacturers and dealers in Germany adopt the system to eliminate manual tasks and improve overall efficiency. Enterprises operating in this country are investing in dealer management systems to strengthen customer relationships, manage and maintain stock, analyze sales trends, and strategize their business operation, among others. These factors are anticipated to propel the dealer management system market.

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