LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive subscription services market, and it is poised to grow by USD 7.87 bn during 2019-2023, progressing at a CAGR of 63% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Increasing smartphone and internet penetration has been instrumental in driving the growth of the market. However, easy availability of automotive financing might hamper the market growth. Request a free sample report
Automotive Subscription Services Market 2019-2023: Segmentation
Automotive Subscription Services Market is segmented as below:
- Dealerships/Third Party
- North America
- South America
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Automotive Subscription Services Market 2019-2023: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our automotive subscription services market report covers the following areas:
- Automotive Subscription Services Market size
- Automotive Subscription Services Market trends
- Automotive Subscription Services Market industry analysis
This study identifies development of new mobility concepts as one of the prime reasons driving the automotive subscription services market growth during the next few years.
Automotive Subscription Services Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive subscription services market, including some of the vendors such as AB Volvo, BMW AG, Cox Automotive Inc., Daimler AG, Fair Financial Corp., Flexdrive Services LLC, General Motors Co., Hyundai Motor Co., Tesla Inc., and Volkswagen AG Backed with competitive intelligence and benchmarking, our research reports on the automotive subscription services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Subscription Services Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist automotive subscription services market growth during the next five years
- Estimation of the automotive subscription services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive subscription services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive subscription services market vendors
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