Industry Background:
Auto Dealer software automates business operations, customer relationship management, and accounting for used and new car dealerships. This software’s aim to provide dealers with a high-quality, easy-to-use Dealer Management System, at an affordable price. Passenger Car Dealer Portal Software integrates all functions of your business on one system including showrooms, workshops, body shops, pre-owned, CRM, customer support, call centres, integrated financial accounting, inventory, payroll, fixed assets, and more.This growth is primarily driven by Rising Demand for the Digitization of Automobile Dealerships due to Globalization and Increasing Penetration of Smart Devices and Smart Phones.
Globally, a noticeable market trend is evident Integration of Automation with Artificial Intelligence and Machine Learning. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cox Automotive (United States), CDK Global (United States), Reynolds and Reynolds (United States), DealersGear (United States), RouteOne (United States), Dominion Enterprises (United States), DealerSocket (United States), Wipro (United States), ARI Network Services (United States), WHI Solutions (United States) and Infomedia (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, DealersGear, a rapidly growing SaaS provider to the automotive industry, announced the launch of a passenger car dealer portal software for automotive dealers. This new launch provides dealers with custom non-templated websites, inventory syndication/posting tools, an all-in-one marketing dashboard, and advertising automation tools.
Market Drivers
- Rising Demand for the Digitization of Automobile Dealerships due to Globalization
- Increasing Penetration of Smart Devices and Smart Phones
Market Trend
- Integration of Automation with Artificial Intelligence and Machine Learning
Restraints
- Data Breach and Infrastructure Malware Attacks Hampers the Market Growth
Opportunities
Rise in Demand for the Smart Solutions regarding Car Rentals and Passenger Car portal in Tourist Places and Increasing Inclination of Companies towards Cloud-Based Business Tools
Challenges
Requirement of Skilled Personnel to Maintain and Operate the Software
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Passenger Car Dealer Portal Software Study Sheds Light on
The Passenger Car Dealer Portal Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Passenger Car Dealer Portal Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Passenger Car Dealer Portal Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.