The auto collision repair management software market size has grown strongly in recent years. It will grow from $9.29 billion in 2023 to $10.17 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth observed in the historical period can be attributed to several factors, including the growing complexity of vehicle technology, the need for compliance with regulatory standards and documentation requirements, the demand for streamlined workflow and efficiency within the industry, increased customer expectations for transparency in service, and the broader trend of digitalization in business operations.
The auto collision repair management software market size is expected to see strong growth in the next few years. It will grow to $13.84 billion in 2028 at a compound annual growth rate (CAGR) of 8%. The anticipated growth in the forecast period can be attributed to several factors, including the rising collision rates, the integration of data analytics and business intelligence, efforts to enhance customer experience and communication, adherence to stringent regulatory standards, and the ongoing globalization of the automotive industry. Key trends expected in the forecast period encompass the integration with advanced vehicle technologies, the application of AI and machine learning for improved estimation accuracy, the adoption of enhanced mobility and cloud solutions, the emphasis on digital customer interaction and communication, and initiatives focused on environmental sustainability.
The expansion of the vehicle population is anticipated to drive growth within the auto collision repair management software market in the foreseeable future. With the global population on the rise, there is an increasing demand for personal mobility, consequently heightening reliance on vehicles. Auto collision repair management software plays a crucial role in vehicles, elevating operational efficiency, enhancing customer service, and ensuring seamless management of repair processes within the automotive sector. For instance, in May 2023, as reported by the European Automobile Manufacturers Association, global motor vehicle production surged to 85.4 million units in 2022, marking a 5.7% increase from 2021. Additionally, according to Brand Finance plc, the automobile sector witnessed approximately 78 million unit sales in 2022, reflecting a notable 10% rise from the previous year. Hence, the proliferation of vehicles on roads is fueling the demand for auto collision repair management software.
Prominent entities within the auto collision repair management software domain are directing their efforts towards innovative solutions such as collisionclarity documentation software to cater to the evolving industry demands. This software presents a comprehensive array of photos and documents pertaining to a vehicle's damage and necessary repairs in a sequential manner, streamlining the claims process and minimizing the need for extensive communication. For example, in October 2023, DCR Systems LLC, a US-based provider of collision repair and mechanical services, introduced collisionclarity, a cloud-based software tailored for the collision industry compatible with any management or estimating software. It boasts various functionalities including cloud-based compatibility, permanent electronic records, automation features, and liability mitigation capabilities. This solution significantly enhances efficiency by automating data capture, integrating original equipment manufacturer (OEM) repair information, incorporating position statements, and storing crucial visual materials such as photos and videos along with other pertinent details.
In January 2024, Convenient Brands Inc., a prominent US-based business technology company, completed the acquisition of Web-Est LLC for an undisclosed sum. This strategic move is designed to fortify Convenient Brands' market position and broaden its range of services tailored to independent auto body shops across the United States. With the addition of Web-Est LLC, a reputable developer of collision estimating software for independent auto body shops, Convenient Brands aims to enhance its portfolio and provide comprehensive solutions to meet the evolving needs of its customers in the automotive repair industry.
Major companies operating in the auto collision repair management software market report are PPG Industries Inc., AkzoNobel N.V., Autodesk Inc., BASF Coatings GmbH, BELFOR Property Restoration, Solera Holdings Inc, InterTAD, AllData LLC, CCC Information Services Inc, Auto Trader Group, Identifix, Xactware Solutions Inc, Mitchell International, M1 Group, Aurionpro Transit, LMK Technologies, Bolt On Technology, Shopmonkey, Vetronix Repair Center, Audatex North America, InvoMax Software, EZnet Scheduler, Workshop Software, Summit Software Solutions, Web-Est Cloud Estimating.
North America was the largest region in the auto collision repair management software market in 2023. The regions covered in the auto collision repair management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the auto collision repair management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Auto collision repair management software is a specialized computer program meticulously crafted to optimize the day-to-day operations of a collision repair shop. Its primary purpose is to streamline various business processes, including billing, parts ordering, job tracking, inventory management, and reporting. Additionally, this software plays a crucial role in enhancing communication with customers.
The two main categories of auto collision repair management software are cloud-based and on-premises solutions. Cloud-based options involve the delivery, access, and management of software, services, or resources over the internet, eliminating the need for local installation on computers or servers. This encompasses diverse components and services, suitable for deployment in small and medium enterprises (SMEs) as well as large enterprises. The end users of such software include independent repair shops and multi-shop operators (MSOs).
The auto collision repair management software market research report is one of a series of new reports that provides auto collision repair management software market statistics, including auto collision repair management software industry global market size, regional shares, competitors with an auto collision repair management software market share, detailed auto collision repair management software market segments, market trends and opportunities, and any further data you may need to thrive in the auto collision repair management software industry. This auto collision repair management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The auto collision repair management software market consists of revenues earned by entities by providing services such as shop management, estimation and scheduling, workflow management, inventory management, and customer relationship management. The market value includes the value of related goods sold by the service provider or included within the service offering. The auto collision repair management software market also includes sales of computers, printers, scanners, and cameras. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The auto collision repair management software market size is expected to see strong growth in the next few years. It will grow to $13.84 billion in 2028 at a compound annual growth rate (CAGR) of 8%. The anticipated growth in the forecast period can be attributed to several factors, including the rising collision rates, the integration of data analytics and business intelligence, efforts to enhance customer experience and communication, adherence to stringent regulatory standards, and the ongoing globalization of the automotive industry. Key trends expected in the forecast period encompass the integration with advanced vehicle technologies, the application of AI and machine learning for improved estimation accuracy, the adoption of enhanced mobility and cloud solutions, the emphasis on digital customer interaction and communication, and initiatives focused on environmental sustainability.
The expansion of the vehicle population is anticipated to drive growth within the auto collision repair management software market in the foreseeable future. With the global population on the rise, there is an increasing demand for personal mobility, consequently heightening reliance on vehicles. Auto collision repair management software plays a crucial role in vehicles, elevating operational efficiency, enhancing customer service, and ensuring seamless management of repair processes within the automotive sector. For instance, in May 2023, as reported by the European Automobile Manufacturers Association, global motor vehicle production surged to 85.4 million units in 2022, marking a 5.7% increase from 2021. Additionally, according to Brand Finance plc, the automobile sector witnessed approximately 78 million unit sales in 2022, reflecting a notable 10% rise from the previous year. Hence, the proliferation of vehicles on roads is fueling the demand for auto collision repair management software.
Prominent entities within the auto collision repair management software domain are directing their efforts towards innovative solutions such as collisionclarity documentation software to cater to the evolving industry demands. This software presents a comprehensive array of photos and documents pertaining to a vehicle's damage and necessary repairs in a sequential manner, streamlining the claims process and minimizing the need for extensive communication. For example, in October 2023, DCR Systems LLC, a US-based provider of collision repair and mechanical services, introduced collisionclarity, a cloud-based software tailored for the collision industry compatible with any management or estimating software. It boasts various functionalities including cloud-based compatibility, permanent electronic records, automation features, and liability mitigation capabilities. This solution significantly enhances efficiency by automating data capture, integrating original equipment manufacturer (OEM) repair information, incorporating position statements, and storing crucial visual materials such as photos and videos along with other pertinent details.
In January 2024, Convenient Brands Inc., a prominent US-based business technology company, completed the acquisition of Web-Est LLC for an undisclosed sum. This strategic move is designed to fortify Convenient Brands' market position and broaden its range of services tailored to independent auto body shops across the United States. With the addition of Web-Est LLC, a reputable developer of collision estimating software for independent auto body shops, Convenient Brands aims to enhance its portfolio and provide comprehensive solutions to meet the evolving needs of its customers in the automotive repair industry.
Major companies operating in the auto collision repair management software market report are PPG Industries Inc., AkzoNobel N.V., Autodesk Inc., BASF Coatings GmbH, BELFOR Property Restoration, Solera Holdings Inc, InterTAD, AllData LLC, CCC Information Services Inc, Auto Trader Group, Identifix, Xactware Solutions Inc, Mitchell International, M1 Group, Aurionpro Transit, LMK Technologies, Bolt On Technology, Shopmonkey, Vetronix Repair Center, Audatex North America, InvoMax Software, EZnet Scheduler, Workshop Software, Summit Software Solutions, Web-Est Cloud Estimating.
North America was the largest region in the auto collision repair management software market in 2023. The regions covered in the auto collision repair management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the auto collision repair management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Auto collision repair management software is a specialized computer program meticulously crafted to optimize the day-to-day operations of a collision repair shop. Its primary purpose is to streamline various business processes, including billing, parts ordering, job tracking, inventory management, and reporting. Additionally, this software plays a crucial role in enhancing communication with customers.
The two main categories of auto collision repair management software are cloud-based and on-premises solutions. Cloud-based options involve the delivery, access, and management of software, services, or resources over the internet, eliminating the need for local installation on computers or servers. This encompasses diverse components and services, suitable for deployment in small and medium enterprises (SMEs) as well as large enterprises. The end users of such software include independent repair shops and multi-shop operators (MSOs).
The auto collision repair management software market research report is one of a series of new reports that provides auto collision repair management software market statistics, including auto collision repair management software industry global market size, regional shares, competitors with an auto collision repair management software market share, detailed auto collision repair management software market segments, market trends and opportunities, and any further data you may need to thrive in the auto collision repair management software industry. This auto collision repair management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The auto collision repair management software market consists of revenues earned by entities by providing services such as shop management, estimation and scheduling, workflow management, inventory management, and customer relationship management. The market value includes the value of related goods sold by the service provider or included within the service offering. The auto collision repair management software market also includes sales of computers, printers, scanners, and cameras. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Auto Collision Repair Management Software Market Characteristics3. Auto Collision Repair Management Software Market Trends And Strategies32. Global Auto Collision Repair Management Software Market Competitive Benchmarking33. Global Auto Collision Repair Management Software Market Competitive Dashboard34. Key Mergers And Acquisitions In The Auto Collision Repair Management Software Market
4. Auto Collision Repair Management Software Market - Macro Economic Scenario
5. Global Auto Collision Repair Management Software Market Size and Growth
6. Auto Collision Repair Management Software Market Segmentation
7. Auto Collision Repair Management Software Market Regional And Country Analysis
8. Asia-Pacific Auto Collision Repair Management Software Market
9. China Auto Collision Repair Management Software Market
10. India Auto Collision Repair Management Software Market
11. Japan Auto Collision Repair Management Software Market
12. Australia Auto Collision Repair Management Software Market
13. Indonesia Auto Collision Repair Management Software Market
14. South Korea Auto Collision Repair Management Software Market
15. Western Europe Auto Collision Repair Management Software Market
16. UK Auto Collision Repair Management Software Market
17. Germany Auto Collision Repair Management Software Market
18. France Auto Collision Repair Management Software Market
19. Italy Auto Collision Repair Management Software Market
20. Spain Auto Collision Repair Management Software Market
21. Eastern Europe Auto Collision Repair Management Software Market
22. Russia Auto Collision Repair Management Software Market
23. North America Auto Collision Repair Management Software Market
24. USA Auto Collision Repair Management Software Market
25. Canada Auto Collision Repair Management Software Market
26. South America Auto Collision Repair Management Software Market
27. Brazil Auto Collision Repair Management Software Market
28. Middle East Auto Collision Repair Management Software Market
29. Africa Auto Collision Repair Management Software Market
30. Auto Collision Repair Management Software Market Competitive Landscape And Company Profiles
31. Auto Collision Repair Management Software Market Other Major And Innovative Companies
35. Auto Collision Repair Management Software Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Auto Collision Repair Management Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on auto collision repair management software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for auto collision repair management software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The auto collision repair management software market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Cloud-Based; On-Premises2) By Component: Software; Services
3) By Application: Small And Medium Enterprises (SMEs); Large Enterprises
4) By End-User: Independent Repair Shops; Multi-Shop Operators (MSOs)
Key Companies Mentioned: PPG Industries Inc.; AkzoNobel N.V.; Autodesk Inc.; BASF Coatings GmbH; BELFOR Property Restoration
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- PPG Industries Inc.
- AkzoNobel N.V.
- Autodesk Inc.
- BASF Coatings GmbH
- BELFOR Property Restoration
- Solera Holdings Inc
- InterTAD
- AllData LLC
- CCC Information Services Inc
- Auto Trader Group
- Identifix
- Xactware Solutions Inc
- Mitchell International
- M1 Group
- Aurionpro Transit
- LMK Technologies
- Bolt On Technology
- Shopmonkey
- Vetronix Repair Center
- Audatex North America
- InvoMax Software
- EZnet Scheduler
- Workshop Software
- Summit Software Solutions
- Web-Est Cloud Estimating
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 10.17 Billion |
Forecasted Market Value ( USD | $ 13.84 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |