Report Description

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. Numerous car dealers are adopting the dealer management systems for the automotive data analysis and to manage the inventory & sales data. The system also enables automotive dealers to streamline interactions between customers, dealers and OEMs. Additionally, the systems help in supporting unique demands of the retail automotive industry in the upcoming years. The automotive dealer management system drives the sales of the new & used vehicles, repair & maintenance services, consumer financing, and vehicles & parts inventory management. The advancement in the system provides financial reporting, cash flow management and payroll services. The system incorporates with OEM data processing systems by allowing automotive retailers to order vehicles and parts, process warranties, and receive vehicle records. Thus, heavy adoption of innovative dealer management systems in the automotive industry is propelling the automotive dealer management market of Asia-pacific region in the forecast period.

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 available 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 China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea, Philippines, Singapore.



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Recent Developments

       ·     In February 2020, the company Tekion Corp. announced a cloud-based platform which is called automotive retail platform for automotive dealers across Asia-Pacific. The platform incorporates all the functionalities of a dealer management system. The platform links all the major stakeholders of the automotive industry by allowing the improvement in operational efficiencies.

       ·      In January 2020, DealerSocket, Inc., announced the acquisition of Auto/Mate which is a dealer management system provider for automotive dealerships. With this merger, the company offers a unique platform for automotive dealers that features advanced software combined with the finest service.

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, are among the major market players in the Asia-Pacific Automotive Dealer Management System market.

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)

 

Report Scope:

In this report, the Asia-Pacific Automotive Dealer Management System market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Asia-Pacific Automotive Dealer Management System Market, By Service Type:
    • Cloud Based
    • On Site
  • Asia-Pacific Automotive Dealer Management System Market, By End Use:
    • Public
    • Private
  • Asia-Pacific Automotive Dealer Management System Market, By Application:
    • Inventory Management
    • Dealer Tracking
    • Customer Relationship Management
    • Others
  • Asia-Pacific Automotive Dealer Management System Market, By Country:

o   China

o   India

o   Japan

o   Malaysia

o   Thailand

o   Indonesia

o   Vietnam

o   South Korea

o   Philippines

o   Singapore

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific Automotive Dealer Management System market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Asia-Pacific Automotive Dealer Management System Market

5.    Voice of Customers

6.    Asia-Pacific Automotive Dealer Management System Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Service Type (Cloud Based, On Site)

6.2.2.    By End Use (Public, Private)

6.2.3.    By Application (Inventory Management, Dealer Tracking, Customer Relationship Management, Others)

6.2.4.    By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea, Philippines, Singapore)

6.2.5.    By Company (2022)

6.3.  Market Map

7.    China Automotive Dealer Management System Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value 

7.2.  Market Share & Forecast

7.2.1.    By Service Type

7.2.2.    By End Use

7.2.3.    By Application

8.    India Automotive Dealer Management System Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value 

8.2.  Market Share & Forecast

8.2.1.    By Service Type

8.2.2.    By End Use

8.2.3.    By Application

9.    Japan Automotive Dealer Management System Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value 

9.2.  Market Share & Forecast

9.2.1.    By Service Type

9.2.2.    By End Use

9.2.3.    By Application

10. Malaysia Automotive Dealer Management System Market Outlook

10.1.               Market Size & Forecast

10.1.1. By Value 

10.2.               Market Share & Forecast

10.2.1. By Service Type

10.2.2. By End Use

10.2.3. By Application

11. Thailand Automotive Dealer Management System Market Outlook

11.1.               Market Size & Forecast

11.1.1. By Value 

11.2.               Market Share & Forecast

11.2.1. By Service Type

11.2.2. By End Use

11.2.3. By Application

12. Indonesia Automotive Dealer Management System Market Outlook

12.1.               Market Size & Forecast

12.1.1. By Value 

12.2.               Market Share & Forecast

12.2.1. By Service Type

12.2.2. By End Use

12.2.3. By Application

13. Vietnam Automotive Dealer Management System Market Outlook

13.1.               Market Size & Forecast

13.1.1. By Value 

13.2.               Market Share & Forecast

13.2.1. By Service Type

13.2.2. By End Use

13.2.3. By Application

14. South Korea Automotive Dealer Management System Market Outlook

14.1.               Market Size & Forecast

14.1.1. By Value 

14.2.               Market Share & Forecast

14.2.1. By Service Type

14.2.2. By End Use

14.2.3. By Application

15. Philippines Automotive Dealer Management System Market Outlook

15.1.               Market Size & Forecast

15.1.1. By Value 

15.2.               Market Share & Forecast

15.2.1. By Service Type

15.2.2. By End Use

15.2.3. By Application

16. Singapore Automotive Dealer Management System Market Outlook

16.1.               Market Size & Forecast

16.1.1. By Value 

16.2.               Market Share & Forecast

16.2.1. By Service Type

16.2.2. By End Use

16.2.3. By Application

17. Market Dynamics

17.1.     Drivers

17.1.1. Rising Need for Workflow Automation

17.1.2. Growing Need for Enhanced Sales Tracking and Inventory Management

17.1.3. Increasing Focus on Improving Customer Relationships

17.2.            Challenges

17.2.1. Risks of Cyberattacks

17.2.2. Limited Awareness and Adoption in Developing Economies

18. Market Trends & Developments

18.1.           Expanding Automotive Dealer Network

18.2.           Organization Emphasis on Cost Optimization and Profitable Growth

18.3.           Technological Advancement in the System

18.4.           Rising Trend in Motor Sports & Marine Industries

19. Company Profiles

19.1.                  Keyloop Holdings (UK) Limited

19.1.1. Business Overview

19.1.2. Key Revenue and Financials (If available)

19.1.3. Recent Developments

19.1.4. Key Personnel

19.1.5. Key Product/Services Offered

19.2.                  The Reynolds and Reynolds Company

19.2.1. Business Overview

19.2.2. Key Revenue and Financials (If available)

19.2.3. Recent Developments

19.2.4. Key Personnel

19.2.5. Key Product/Services Offered

19.3.                  Dominion Enterprises

19.3.1. Business Overview

19.3.2. Key Revenue and Financials (If available)

19.3.3. Recent Developments

19.3.4. Key Personnel

19.3.5. Key Product/Services Offered

19.4.                  Incadea GmbH

19.4.1. Business Overview

19.4.2. Key Revenue and Financials (If available)

19.4.3. Recent Developments

19.4.4. Key Personnel

19.4.5. Key Product/Services Offered

19.5.                  International Business Machines Corporation

19.5.1. Business Overview

19.5.2. Key Revenue and Financials (If available)

19.5.3. Recent Developments

19.5.4. Key Personnel

19.5.5. Key Product/Services Offered

19.6.                  Autofusion Inc.

19.6.1. Business Overview

19.6.2. Key Revenue and Financials (If available)

19.6.3. Recent Developments

19.6.4. Key Personnel

19.6.5. Key Product/Services Offered

19.7.                  BiT Dealership Software, Inc.

19.7.1. Business Overview

19.7.2. Key Revenue and Financials (If available)

19.7.3. Recent Developments

19.7.4. Key Personnel

19.7.5. Key Product/Services Offered

19.8.                  Blue Skies Business Solutions Inc.

19.8.1. Business Overview

19.8.2. Key Revenue and Financials (If available)

19.8.3. Recent Developments

19.8.4. Key Personnel

19.8.5. Key Product/Services Offered

19.9.                  Dealer Track Holdings Inc.

19.9.1. Business Overview

19.9.2. Key Revenue and Financials (If available)

19.9.3. Recent Developments

19.9.4. Key Personnel

19.9.5. Key Product/Services Offered

19.10.               NEC Corporation

19.10.1. Business Overview

19.10.2. Key Revenue and Financials (If available)

19.10.3. Recent Developments

19.10.4. Key Personnel

19.10.4.1.   Key Product/Services Offered

20. Strategic Recommendations

20.1.        Fastest Growing Market by Service Type

20.2.        Dominating Market by End Use

20.3.        Dominating Market by Country

21. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Key players in the market are 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, among others.

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Customer Relationship Management is the dominating application in the Asia-Pacific Automotive Dealer Management System Market owing to the improved data and analysis along with the enhanced communication and customer service.

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The automotive dealer management system advantages include improved customer service, advanced data management, flexibility of using cloud based solutions, data security, among others.

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The growing need for enhanced sales tracking and inventory management and increasing focus on improving customer relationships along with rising need for workflow automation are the main drivers for the growth of the Asia-Pacific Automotive Dealer Management System market through the forecast years.

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Sakshi Bajaal

Business Consultant
Press Release

Asia-Pacific Automotive Dealer Management System Market to be Dominated by Cloud Based Solutions Through 2028

Apr, 2023

Growing adoption of cloud technology along with the shift from paperwork to automation is driving the Automotive Dealer Management System market across the Asia-Pacific region.