Wiseguyreports.Com Adds “Dealer Management – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025” To Its Research Database.
‘DMS’ is a widely used acronym in the auto dealer industry that stands for dealer management system. A DMS is traditionally known as a software platform dealers use for managing their vehicle inventory, deals (cash, finance, wholesale, buy here pay here (BHPH), etc.), customer information, credit reports and printing paperwork.
In the past, many dealers found the need to login to separate software systems to truly run their business. On top of a traditional dealer management system platform, a dealer may need to login to another system to submit deals to lenders, another to manage their customer communication (CRM) and yet another to manage their website and online marketing and possibly more.
Today, with the advancement in software integrations and partnerships, a DMS can finally achieve its true purpose of helping dealers manage their entire business from a single login platform. Integrations help converge these processes and data into a centralized hub of tools, resulting in better organization, efficiency and ultimately more deals. An example of this could be a dealer receives an internet lead from their website or car listing site which is fed directly into the dealer management system as a new prospect. The system would automatically assign the new lead to a sales person for them to work through the sales process. Pulling a credit report, searching through available inventory, structuring a deal and even printing the final sales contracts are all done within the same system. These new capabilities make all of your business information more accessible, significantly improve business efficiency and reduce data entry points and potential errors.
Growing challenges in manufacturing, consumer goods, and automobile sectors related to handling multiple levels of dealers/distributors globally or locally has given rise to dedicated dealer management systems. These systems are designed to integrate original equipment manufacturers (OEMs), dealer networks, and end-customers. Features such as inventory management and finance & accounting management are helping businesses to streamline various processes. The dealer management systems smartly streamline the distributor’s entire operations and focus on customer relations. DMS delivers enriched experience to businesses and helps them to improve responsiveness, processing times, and increase work productivity. It enhances corporate performance by optimizing and managing business processes. It is a process that offers services similar to total quality management and is backed by technology support.
The dealer management systems market is anticipated to witness immense growth opportunities as end-users such as automotive enterprises specialize in value added services such as telematics services, cyber security, and connected car platforms. These platforms are anticipated to provide immense growth opportunities to the market with the growing need to automate processes. Furthermore, organizations are expected to invest in effective technologies to enable automated operations by adopting dealer management systems, cloud based deployment models, and mobile apps for efficient management. Further, cloud based deployment provides subscription based business models and ensures minimal investment and reduces total cost of ownership (TCO). Digital transformation in the automotive industry is also expected to lead to increasing opportunities for the dealer management system market.
In 2018, the global Dealer Management market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Dealer Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Dealer Management development in United States, Europe and China.
The key players covered in this study
Reynolds and Reynolds
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Dealer Management status, future forecast, growth opportunity, key market and key players.
To present the Dealer Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Dealer Management are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Dealer Management Market Size Growth Rate by Type (2014-2025)
1.5 Market by Application
1.5.1 Global Dealer Management Market Share by Application (2014-2025)
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Dealer Management Market Size
2.2 Dealer Management Growth Trends by Regions
2.2.1 Dealer Management Market Size by Regions (2014-2025)
2.2.2 Dealer Management Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
12 International Players Profiles
12.1.1 IBM Company Details
12.1.2 Company Description and Business Overview
12.1.3 Dealer Management Introduction
12.1.4 IBM Revenue in Dealer Management Business (2014-2019)
12.1.5 IBM Recent Development
12.2.1 CA Company Details
12.2.2 Company Description and Business Overview
12.2.3 Dealer Management Introduction
12.2.4 CA Revenue in Dealer Management Business (2014-2019)
12.2.5 CA Recent Development
12.3 Cox Automotive
12.3.1 Cox Automotive Company Details
12.3.2 Company Description and Business Overview
12.3.3 Dealer Management Introduction
12.3.4 Cox Automotive Revenue in Dealer Management Business (2014-2019)
12.3.5 Cox Automotive Recent Development
12.4 CDK Global
12.4.1 CDK Global Company Details
12.4.2 Company Description and Business Overview
12.4.3 Dealer Management Introduction
12.4.4 CDK Global Revenue in Dealer Management Business (2014-2019)
12.4.5 CDK Global Recent Development
12.5 Reynolds and Reynolds
12.5.1 Reynolds and Reynolds Company Details
12.5.2 Company Description and Business Overview
12.5.3 Dealer Management Introduction
12.5.4 Reynolds and Reynolds Revenue in Dealer Management Business (2014-2019)
12.5.5 Reynolds and Reynolds Recent Development
12.6.1 RouteOne Company Details
12.6.2 Company Description and Business Overview
12.6.3 Dealer Management Introduction
12.6.4 RouteOne Revenue in Dealer Management Business (2014-2019)
12.6.5 RouteOne Recent Development
12.7.1 DealerSocket Company Details
12.7.2 Company Description and Business Overview
12.7.3 Dealer Management Introduction
12.7.4 DealerSocket Revenue in Dealer Management Business (2014-2019)
12.7.5 DealerSocket Recent Development
12.8 Internet Brands
12.8.1 Internet Brands Company Details
12.8.2 Company Description and Business Overview
12.8.3 Dealer Management Introduction
12.8.4 Internet Brands Revenue in Dealer Management Business (2014-2019)
12.8.5 Internet Brands Recent Development
12.9 Dominion Enterprises
12.9.1 Dominion Enterprises Company Details
12.9.2 Company Description and Business Overview
12.9.3 Dealer Management Introduction
12.9.4 Dominion Enterprises Revenue in Dealer Management Business (2014-2019)
12.9.5 Dominion Enterprises Recent Development
12.10.1 Wipro Company Details
12.10.2 Company Description and Business Overview
12.10.3 Dealer Management Introduction
12.10.4 Wipro Revenue in Dealer Management Business (2014-2019)
12.10.5 Wipro Recent Development
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