Market Overview:
The global auto collision estimating software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and on-premises software solutions across different industry verticals. Additionally, the growing need for advanced features and functionalities in auto collision estimating software is also propelling the market growth. Based on type, the global auto collision estimating software market can be segmented into cloud-based and on-premises solutions. Cloud-based solutions are witnessing higher adoption rates due to their ease of use and low installation costs as compared to on-premises solutions. Based on application, small and medium enterprises (SMEs) are expected to account for a larger share of the global auto collision estimating software market during the forecast period owing to their growing need for advanced features in such software applications.
Product Definition:
Auto collision estimating software is a computer program that helps insurance adjusters and body shop owners calculate the cost of repairing a car after an accident. The program takes into account the make and model of the car, as well as the type of damage it sustained. This information can help insurance companies and body shops negotiate fair prices for repairs.
Cloud-based:
Cloud-based software is a type of Software as a Service (SaaS) that provides an interface to integrate various systems through the internet. It is used in collision estimation for auto insurance, which involves processing data from multiple sources such as camera images, radar data and also witness statements. The information obtained from these sources are then used to generate estimates for vehicle damage using some algorithms. These estimates are sent to the insurers along with the photographs and videos of witnesses who saw the accident occur.
On-premises:
On-premises is a software installed on the end user's computer, which can be owned by an individual or company. The software is used to connect with other vehicle owners and obtain information about the vehicles such as its identification number, location etc. It also provides updates about any repairs needed to be made to the vehicle and estimates of repair costs. On-premises software requires high technical expertise in order to maintain it and provide support for future developments in technology.
Application Insights:
The large enterprises segment held the largest market share in 2017. The major factors contributing to this growth include high number of vehicles and heavy traffic on roads, which increase the risk of collision. Auto collision estimation software helps reduce these risks by providing real-time estimates for each possible scenario, thereby helping drivers make better decisions while driving.
The SMEs segment is expected to register a significant CAGR over the forecast period owing to increasing penetration of mobile solutions such as Waze and Google Maps that offer auto collision estimating features along with other useful information such as live traffic updates and road closures due to an accident or construction zone ahead. Furthermore, government initiatives such as Vision Zero are aimed at improving road safety for all users across the globe; this is likely to boost demand further over the coming years.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its lead over the forecast period, with U.S. being a key contributor to regional growth. Factors such as high adoption of advanced technologies and presence of numerous players are anticipated to drive regional market growth over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast years owing to increasing number of vehicle sales in countries such as India and China, thereby boosting demand for auto collision estimating software in this region significantly.
Europe also held a significant share in terms of revenue.
Growth Factors:
- Increasing demand for automobiles
- Growing awareness about the benefits of using auto collision estimating software
- Technological advancements in the field of automobile manufacturing
- Rising number of accidents and vehicular collisions
- Government initiatives to promote the use of auto collision estimating software
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Collision Estimating Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
CCC ONE, Mitchell 1, Web-Est, Alldata, RepairShopr, R.O. Writer, Mitchell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Auto Collision Estimating Software Market Report Segments:
The global Auto Collision Estimating Software market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CCC ONE
- Mitchell 1
- Web-Est
- Alldata
- RepairShopr
- R.O. Writer
- Mitchell
Highlights of The Auto Collision Estimating Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auto Collision Estimating Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Auto collision estimating software is a computer program that estimates the probability of a collision between two vehicles.
Some of the key players operating in the auto collision estimating software market are CCC ONE, Mitchell 1, Web-Est, Alldata, RepairShopr, R.O. Writer, Mitchell.
The auto collision estimating software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Collision Estimating Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Auto Collision Estimating Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Auto Collision Estimating Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Auto Collision Estimating Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Auto Collision Estimating Software Market Size & Forecast, 2018-2028 4.5.1 Auto Collision Estimating Software Market Size and Y-o-Y Growth 4.5.2 Auto Collision Estimating Software Market Absolute $ Opportunity
Chapter 5 Global Auto Collision Estimating Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Auto Collision Estimating Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Auto Collision Estimating Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Auto Collision Estimating Software Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Collision Estimating Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Auto Collision Estimating Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Auto Collision Estimating Software Analysis and Forecast
9.1 Introduction
9.2 North America Auto Collision Estimating Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Auto Collision Estimating Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Auto Collision Estimating Software Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Auto Collision Estimating Software Analysis and Forecast
10.1 Introduction
10.2 Europe Auto Collision Estimating Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Auto Collision Estimating Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Auto Collision Estimating Software Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Auto Collision Estimating Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Auto Collision Estimating Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Auto Collision Estimating Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Auto Collision Estimating Software Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Auto Collision Estimating Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Auto Collision Estimating Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Auto Collision Estimating Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Auto Collision Estimating Software Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Auto Collision Estimating Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Auto Collision Estimating Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Auto Collision Estimating Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Auto Collision Estimating Software Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Auto Collision Estimating Software Market: Competitive Dashboard
14.2 Global Auto Collision Estimating Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CCC ONE
14.3.2 Mitchell 1
14.3.3 Web-Est
14.3.4 Alldata
14.3.5 RepairShopr
14.3.6 R.O. Writer
14.3.7 Mitchell