Market Overview:
The global auto dealer accounting software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and web-based software solutions, owing to their ease of use and low installation costs. Additionally, the growing demand for dealership management systems (DMS) is also propelling the growth of this market. The global auto dealer accounting software market can be segmented on the basis of type into web-based software and installed software. The web-based software segment is expected to grow at a higher CAGR than the installed software segment during the forecast period from 2018 to 2030. This can be attributed to its low installation costs and easy usability across different devices such as desktops, laptops, smartphones, and tablets.
Product Definition:
Auto Dealer Accounting Software is used to manage the finances of a car dealership. It can track inventory, sales, and expenses. This software is important because it helps dealers stay organized and efficient with their finances.
Web-based Software:
The global web-based software market size was valued at USD 2,867.7 million in 2015 and is expected to witness significant growth over the forecast period. The industry is anticipated to grow at a CAGR of XX% from 2016 to 2024.
Installed Software:
Installed software is the set of tools and applications that are pre-installed in a computer system by the manufacturer at the time of purchase. It includes programs such as antivirus, anti-malware, firewall, backup and restore utilities among others. The Auto dealer accounting software industry has witnessed an upsurge in demand for these types of solutions over recent years owing to their benefits such as reduced cost associated with inventory management along with increased efficiency which results into more profit for dealerships.
Application Insights:
The large-sized business segment accounted for the largest market share of over 60% in 2017. The growth can be attributed to the increasing penetration of e-commerce and growing preference for OTA (Online To Offline) transactions. The large-sized business is also expected to dominate the medium-sized and small business segments over the forecast period owing to various benefits provided by auto dealer accounting software, including inventory management, point of sale solutions, marketing & advertising management and financials & accounts management.
The small business segment is projected register a significant CAGR during the forecast period owing to increased competition in retail markets as well as online marketplaces such as Amazon.com Inc., which has fueled demand for auto dealer accounting software among other services offered by dealerships across North America and Europe regions. Furthermore, rising penetration of smartphones coupled with easy access from mobile devices is anticipated fuel demand from this segment over next few years.
Regional Analysis:
North America dominated the global auto dealer accounting software market in 2017. North American countries such as the U.S., Canada, and Mexico are considered to be some of the most technologically advanced nations across the globe. The presence of major technology companies has led to an increased adoption of auto-dealership accounting software solutions in this region, which is expected to drive growth over the forecast period.
Asia Pacific is expected to witness significant growth during the forecast period owing to increasing number of automobile manufacturers setting up their manufacturing facilities in this region due t o low labor costs and easy availability off-site storage facility at cheaper rates along with tax benefits offered by governments across various Asian countries including China, India, Thailand etcetera.
Growth Factors:
- Increasing demand for automobiles
- Growing number of auto dealerships
- Rising adoption of dealership management software
- Proliferation of internet and smartphones
- Emergence of new business models
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Dealer Accounting Software Market Research Report
By Type
Web-based Software, Installed Software
By Application
Small Business, Medium-sized Business, Large Business
By Companies
Intuit, Oracle (NetSuite), Microsoft, Autosoft, Autostar Solutions, Eagle Business Software, Centra Technologies, LBMC, MotorLot
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Auto Dealer Accounting Software Market Report Segments:
The global Auto Dealer Accounting Software market is segmented on the basis of:
Types
Web-based Software, Installed Software
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 Business, Medium-sized Business, Large Business
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:
- Intuit
- Oracle (NetSuite)
- Microsoft
- Autosoft
- Autostar Solutions
- Eagle Business Software
- Centra Technologies
- LBMC
- MotorLot
Highlights of The Auto Dealer Accounting 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:
- Web-based Software
- Installed Software
- By Application:
- Small Business
- Medium-sized Business
- Large Business
- 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 Dealer Accounting 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Dealer Accounting Software is a software application that helps dealers keep track of their finances. The software can be used to record sales, expenses, and other financial data.
Some of the major players in the auto dealer accounting software market are Intuit, Oracle (NetSuite), Microsoft, Autosoft, Autostar Solutions, Eagle Business Software, Centra Technologies, LBMC, MotorLot.
The auto dealer accounting software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Dealer Accounting 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 Dealer Accounting Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auto Dealer Accounting 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 Dealer Accounting 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 Dealer Accounting Software Market Size & Forecast, 2020-2028
4.5.1 Auto Dealer Accounting Software Market Size and Y-o-Y Growth
4.5.2 Auto Dealer Accounting Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Web-based Software
5.2.2 Installed Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Medium-sized Business
6.2.3 Large Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Dealer Accounting 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 Dealer Accounting 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Web-based Software
9.6.2 Installed Software
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 Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Medium-sized Business
9.10.3 Large Business
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Web-based Software
10.6.2 Installed Software
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 Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Medium-sized Business
10.10.3 Large Business
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Web-based Software
11.6.2 Installed Software
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 Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Medium-sized Business
11.10.3 Large Business
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Web-based Software
12.6.2 Installed Software
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 Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Medium-sized Business
12.10.3 Large Business
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Web-based Software
13.6.2 Installed Software
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) Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Medium-sized Business
13.10.3 Large Business
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 Dealer Accounting Software Market: Competitive Dashboard
14.2 Global Auto Dealer Accounting Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intuit
14.3.2 Oracle (NetSuite)
14.3.3 Microsoft
14.3.4 Autosoft
14.3.5 Autostar Solutions
14.3.6 Eagle Business Software
14.3.7 Centra Technologies
14.3.8 LBMC
14.3.9 MotorLot
