Auto Dealership CRM Software: Global Market Analysis and Forecast (2018-2033) by Type, Functionality, Application, and Region Featuring Salesforce, Oracle NetSuite ERP, and Other Key Vendo...
Salesforce, Inc. (CRM)
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Source: Yahoo! Finance
The global auto dealership CRM software market has grown rapidly in recent years. It will grow from $5.52 billion in 2023 to $6.13 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth observed in the historical period can be attributed to factors such as the increasing complexity in vehicle technology, rising consumer expectations, and the evolution of the insurance industry. The auto dealership CRM software market is expected to see strong growth in the next few years. It will grow to $8.81 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The anticipated growth in the forecast period can be attributed to several factors, including the integration of artificial intelligence (AI), the surge in electric and autonomous vehicles, a heightened focus on environmental sustainability, the global expansion of the automotive aftermarket, and an increased emphasis on customer experience. Key trends expected in the forecast period encompass the integrati
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