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The automotive subscription services market is forecasted to grow by USD 3.19 billion during 2023-2028, accelerating at a CAGR of 16.6% during the forecast period. The report on the automotive subscription services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smartphone and internet penetration, option to select from wide range of vehicles under single subscription, and rise in technological advances in automobiles.
The automotive subscription services market is segmented as below:
By Distribution Channel
- OEMs
- Dealership or third party
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the automotive subscription services market covers the following areas:
- Automotive Subscription Services Market sizing
- Automotive Subscription Services Market forecast
- Automotive Subscription Services Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive subscription services market: AB Volvo, Assurant Inc., Bayerische Motoren Werke AG, Cox Automotive Inc., Evogo Ltd, Exelon Corp., Flexdrive Services LLC, Freshcar, General Motors Co., Hertz Global Holdings Inc., Hyundai Motor Co., Mercedes Benz Group AG, Pinewoods technology services FZE, Prazo Inc, Tesla Inc., Toyota Motor Corp., Volkswagen Group, Wagonex Ltd, and Zoomcar India Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of new mobility concepts."
According to the report, one of the major drivers for this market is the increasing smartphone and internet penetration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Assurant Inc.
- Bayerische Motoren Werke AG
- Cox Automotive Inc.
- Evogo Ltd
- Exelon Corp.
- Flexdrive Services LLC
- Freshcar
- General Motors Co.
- Hertz Global Holdings Inc.
- Hyundai Motor Co.
- Mercedes Benz Group AG
- Pinewoods technology services FZE
- Prazo Inc
- Tesla Inc.
- Toyota Motor Corp.
- Volkswagen Group
- Wagonex Ltd
- Zoomcar India Pvt. Ltd.
