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Asia Pacific Dealer Management System Market Forecast to 2030
Asia Pacific Dealer Management System Market Forecast to 2030 – Regional Analysis – by Deployment (On-premise and Cloud) and Equipment Type (Automobile, Agricultural & Forestry Machinery, Construction Equipment, Gardening Equipment, Heavy Trucks, Material Handling & Lifting Equipment, Mining Equipment, and Others)
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Description
Increasing Integration of DMS with Different Management Systems Fuels Asia Pacific Dealer Management System Market
Challenges associated with synchronization among workplaces, individuals, and administrative centers can be devastating in handling multiple businesses such as filing reports and fulfilling the requirements of demanding customers, as well as maintaining an inventory. With increased focus on improved customer connection and communication, several manufacturers are looking for integrated ways to manage their business. This boosts the need to have systems that streamline enhanced interactions between customers, dealers, and OEMs. Dealer management systems integrated with various features-such as CRM, service management, spare part management, sales tracking, and inventory management features-meet the growing requirements of the modern manufacturing industry. Dealer management systems capture data about customers, inventory, and products and make inventory management more efficient. These systems facilitate the visibility of dealer operations across different countries. Companies are widely integrating their services with a dealer management system to offer enhanced customer experience. A few of such instances are mentioned as, In June 2022, ABCoA Inc. launched new and revolutionary DST Dealership Sales Tools for managing inventory. It is a new browser-based dealer management software (DMS) specifically designed for retail used car dealers. The software helps car dealers easily manage inventory and promote cars on websites, attain instant funding and desk deals, pull credit transactions, and print contracts. DST offers many standard integrations at no charge. Further, the software also helps car dealers to provide their customers with a complete online shopping experience. DST Dealership Sales Tools is easy to use and affordable, requiring less upfront cost to the car dealers, which increases its demand in the market. In May 2022, Leading Ansira firm Sincro, which specializes in automotive digital marketing, revealed that Tekion has further integrated its website technology capabilities. Auto dealers can access the data in the Tekion dealer management system (DMS) by integrating consumer engagement, interaction, visit, and return visit data into the Tekion customer relationship management (CRM) tool using the Sincro open platform. With a robust dealer management system integrated with different management systems, dealers can manage operations from inventory management to customers and product sales to services. This factor is driving the dealer management system market across the region.
Asia Pacific Dealer Management System Market Overview
The Asia Pacific dealer management system market is categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. Asia Pacific is anticipated to record the highest CAGR in the dealer management system market during 2022-2030. The market growth in Asia Pacific is attributed to the growing need to manage business operations effectively. Enterprises operating across industry vertical, including transport & logistics, construction, and agriculture, among others, prefer dealer management system that is easy to integrate, manage, and operate. Further, a cloud-based dealer management system is gaining popularity in the region as it is beneficial to enterprises. For instance, in December 2022, Tata Motors migrated a dealer management software to Oracle Cloud Infrastructure (OCI). The cloud-based system helps Tata Motors to boost its operational efficiency with detailed business insights. The system support auto dealer to enhance security, increase flexibility, and provide cost-effective solutions to the customers. Moreover, the system helped the company to record customer touch points and engage them through channels such as SMS and social media, thereby improving overall productivity. Several players such as Hinduja Tech Partners are entering into partnerships to provide real-time observation of operational processes. This feature issues an alert to automakers when they are receiving issues related to customer complaints and product handling and sales. The system helps them to respond immediately to customer’s queries. Thus, the benefits of using a dealer management system in various industries drive the Asia Pacific dealer management system market.
Asia Pacific Dealer Management System Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Dealer Management System Market Segmentation
The Asia Pacific dealer management system market is segmented into deployment, equipment type, and country.
Based on deployment, the Asia Pacific dealer management system market is bifurcated into on-premise and cloud. The cloud segment held a larger share of the Asia Pacific dealer management system market in 2022.
In terms of equipment, the Asia Pacific dealer management system market is segmented into automobile, agricultural & forestry machinery, construction equipment, garden equipment, heavy trucks, material handling & lifting equipment, mining equipment, and others. The automobile segment held the largest share of the Asia Pacific dealer management system market in 2022.
Based on country, the Asia Pacific dealer management system market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific dealer management system market in 2022.
e-Emphasys Technologies Inc., ANNATA Ehf, DealerBox SAS, Hitachi Solutions Ltd, XAPT Software Consulting LLC, CDK Global Inc, Tekion Corp, and Cox Automotive are some of the leading companies operating in the Asia Pacific dealer management system market.
Summary Info
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According to the Research Team research, the Asia Pacific dealer management system market was valued at US$ 2,027.58 million in 2022 and is expected to reach US$ 5,035.80 million by 2030, registering a CAGR of 12.0% from 2022 to 2030. Growing technological advancements in automotive industry, rising demand for construction equipment, and increasing integration of DMS with different management systems are among the critical factors attributed to the Asia Pacific dealer management system market expansion.
The global automotive industry is witnessing a huge paradigm shift due to the rising number of connected vehicles and autonomous vehicles. In transportation and logistics applications, the adoption rate of the dealer management system is expected to increase rapidly due to the growing popularity of autonomous vehicles, as it helps analyze vehicle’s performance and inefficiencies on the in a short duration. The growth trajectory of fully autonomous cars is largely anticipated to depend upon numerous parameters, including technological advancements, consumer demand for fully automated cars, pricing, and safety. There is a rise in investments by auto companies to develop autonomous vehicles in the passenger category, commercial buses & trucks category, and Robo taxis. In May 2023, Komatsu and Toyota launched a joint project to develop an autonomous light vehicle (ALV), planned to run on Komatsu’s Autonomous Haulage System (AHS) for mining applications. Per the partnership agreement, Toyota will develop an ALV which will run autonomously under the control of a new ALV management program, to be developed by Komatsu, on its AHS. Thus, the advent of autonomous vehicles is expected to create numerous opportunities for vendors to provide efficient and advanced dealer management systems to dealers in the coming years. Additionally, automobile manufacturers across the globe are working on developing autonomous cars to enhance consumer traveling experiences. Moreover, increasing government initiatives to reduce traffic congestion drive the demand for autonomous vehicles across the globe. Additionally, the ride-sharing business need large cars for consumers travelling need. The growing number of consumers preferring ride-sharing services increases the demand for large cars among service providers or car drivers, which rise the adoption of dealer management system for managing rental cars. Thus, surge the demand for dealer management systems in the coming years. Advancements in technology, coupled with the popularity of ridesharing, fuel the demand for fully autonomous vehicles. Thus, the advent of autonomous vehicles is expected to create numerous opportunities for vendors to provide efficient and advanced dealer management systems to dealers in the coming years.
On the contrary, growing data security concerns hampers the Asia Pacific dealer management system market.
Based on deployment, the Asia Pacific dealer management system market is bifurcated into on-premise and cloud. The cloud segment held 59.4% share of Asia Pacific dealer management system market in 2022, amassing US$ 1,203.60 million. It is projected to garner US$ 3,537.28 million by 2030 to expand at 14.4% CAGR during 2022-2030.
In terms of equipment type, the Asia Pacific dealer management system market is categorized into automobile, agricultural & forestry machinery, construction equipment, garden equipment, heavy trucks, material handling & lifting equipment, mining equipment, and others. The automobile segment held 48.7% share of Asia Pacific dealer management system market in 2022, amassing US$ 987.08 million. It is projected to garner US$ 2881.01 million by 2030 to expand at 14.3% CAGR during 2022-2030.
By country, the Asia Pacific dealer management system market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 28.0% share of Asia Pacific dealer management system market in 2022. It was assessed at US$ 567.32 million in 2022 and is likely to hit US$ 1,529.88 million by 2030, exhibiting a CAGR of 13.2% during 2022-2030.
Key players operating in the Asia Pacific dealer management system market are e-Emphasys Technologies Inc., ANNATA Ehf, DealerBox SAS, Hitachi Solutions Ltd, XAPT Software Consulting LLC, CDK Global Inc, Tekion Corp, and Cox Automotive, among others.
In January 2021, CDK Global, Inc. introduced Neuron, a big data platform connected to Fortellis automotive commerce exchange. The Neuron is designed to turn high volumes of industry information into actionable insights for dealers, original equipment manufacturers, and third-party software developers.
In May 2023, e-Emphasys Technologies Inc. announced the merger with CDK Global Heavy Equipment to address the end-to-end business optimization needs of equipment dealers and rental companies. The mergers also facilitate the company to drive innovation in the industry.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific dealer management system market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Dealer Management System Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Asia Pacific Dealer Management System Market – Key Market Dynamics
5.1 Dealer Management System Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Technological Advancements in Automotive Industry
5.2.2 Rising Demand for Construction Equipment
5.2.3 Increasing Integration of DMS with Different Management Systems
5.3 Market Restraints
5.3.1 Growing Data Security Concerns
5.4 Market Opportunities
5.4.1 Advent of Autonomous Vehicles
5.5 Future Trends
5.5.1 Integration of Artificial Intelligence to Revolutionize Dealer Management Business
5.6 Impact of Drivers and Restraints:
6. Dealer Management System Market – Asia Pacific Market Analysis
6.1 Dealer Management System Market Revenue (US$ Million), 2022 – 2030
6.2 Dealer Management System Market Forecast and Analysis
7. Asia Pacific Dealer Management System Market Analysis – Deployment
7.1 On-Premise
7.1.1 Overview
7.1.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Cloud
7.2.1 Overview
7.2.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Dealer Management System Market Analysis – Equipment Type
8.1 Automobile
8.1.1 Overview
8.1.2 Automobile Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Agricultural & Forestry Machinery
8.2.1 Overview
8.2.2 Agricultural & Forestry Machinery Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Construction Equipment
8.3.1 Overview
8.3.2 Construction Equipment Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Garden Equipment
8.4.1 Overview
8.4.2 Garden Equipment Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Heavy Trucks
8.5.1 Overview
8.5.2 Heavy Trucks Market, Revenue and Forecast to 2030 (US$ Million)
8.6 Material Handling & Lifting Equipment
8.6.1 Overview
8.6.2 Material Handling & Lifting Equipment Market, Revenue and Forecast to 2030 (US$ Million)
8.7 Mining Equipment
8.7.1 Overview
8.7.2 Mining Equipment Market, Revenue and Forecast to 2030 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Dealer Management System Market – Country Analysis
9.1 Asia Pacific
9.1.1 Asia Pacific Dealer Management System Market Overview
9.1.2 Asia Pacific Dealer Management System Market, By Key Country – Revenue 2022 (US$ Mn)
9.1.3 Asia Pacific Dealer Management System Market Revenue and Forecasts and Analysis – By Country
9.1.3.1 Asia Pacific Dealer Management System Market Revenue and Forecasts and Analysis – By Country
9.1.3.2 Australia Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.2.1 Australia Dealer Management System Market Breakdown, by Deployment
9.1.3.2.2 Australia Dealer Management System Market Breakdown, by Equipment Type
9.1.3.3 China Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.3.1 China Dealer Management System Market Breakdown, by Deployment
9.1.3.3.2 China Dealer Management System Market Breakdown, by Equipment Type
9.1.3.4 India Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.4.1 India Dealer Management System Market Breakdown, by Deployment
9.1.3.4.2 India Dealer Management System Market Breakdown, by Equipment Type
9.1.3.5 Japan Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.5.1 Japan Dealer Management System Market Breakdown, by Deployment
9.1.3.5.2 Japan Dealer Management System Market Breakdown, by Equipment Type
9.1.3.6 South Korea Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.6.1 South Korea Dealer Management System Market Breakdown, by Deployment
9.1.3.6.2 South Korea Dealer Management System Market Breakdown, by Equipment Type
9.1.3.7 Rest of Asia Pacific Dealer Management System Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.7.1 Rest of Asia Pacific Dealer Management System Market Breakdown, by Deployment
9.1.3.7.2 Rest of Asia Pacific Dealer Management System Market Breakdown, by Equipment Type
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Product Development
10.4 Mergers & Acquisitions
11. Company Profiles
11.1 e-Emphasys Technologies Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ANNATA Ehf
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 DealerBox SAS
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hitachi Solutions Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 XAPT Software Consulting LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 CDK Global Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 Key Developments
11.7 Cox Automotive
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Tekion Corp
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 Word Index
LIST OF TABLES
Table 1. Dealer Management System Market Segmentation
Table 2. Dealer Management System Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Dealer Management System Market Revenue and Forecasts To 2030 (US$ Million) – Deployment
Table 4. Dealer Management System Market Revenue and Forecasts To 2030 (US$ Million) – Equipment Type
Table 5. Asia Pacific Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 6. Australia Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 7. Australia Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 8. China Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 9. China Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 10. India Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 11. India Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 12. Japan Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 13. Japan Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 14. South Korea Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 15. South Korea Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 16. Rest of Asia Pacific Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Deployment
Table 17. Rest of Asia Pacific Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn) – By Equipment Type
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. Dealer Management System Market Segmentation, By Country
Figure 2. Ecosystem: Dealer Management System Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Dealer Management System Market Revenue (US$ Million), 2022 – 2030
Figure 5. Dealer Management System Market Share (%) – Deployment, 2022 and 2030
Figure 6. On-Premise Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Cloud Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Dealer Management System Market Share (%) – Equipment Type, 2022 and 2030
Figure 9. Automobile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Agricultural & Forestry Machinery Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Construction Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Garden Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Heavy Trucks Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Material Handling & Lifting Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Mining Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Asia Pacific Dealer Management System Market, By Key Country – Revenue 2022 (US$ Mn)
Figure 18. Asia Pacific Dealer Management System Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 19. Australia Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. China Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. India Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Japan Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. South Korea Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Rest of Asia Pacific Dealer Management System Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Asia Pacific Dealer Management System Market
1. e-Emphasys Technologies Inc.
2. ANNATA Ehf
3. DealerBox SAS
4. Hitachi Solutions Ltd
5. XAPT Software Consulting LLC
6. CDK Global Inc
7. Cox Automotive
8. Tekion Corp
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