LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive e-retail market, and it is poised to grow by USD 11.23 mn units during 2019-2023, progressing at a CAGR of 12% 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.
The wide availability of vehicles models online has been instrumental in driving the growth of the market. However, cost pressure on vendors because of the price sensitivity might hamper the market growth. Request a free sample report
Automotive E-retail Market 2019-2023: Segmentation
Automotive E-retail Market is segmented as below:
Product
- Passenger Cars
- Two-wheelers
Geographic segmentation
- North America
- APAC
- Europe
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32161
Automotive E-retail 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 e-retail market report covers the following areas:
- Automotive E-retail Market size
- Automotive E-retail Market trends
- Automotive E-retail Market industry analysis
This study identifies virtual reality vehicle tours as one of the prime reasons driving the automotive e-retail market growth during the next few years.
Automotive E-retail Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive e-retail market, including some of the vendors such as Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., eBay Inc., Group 1 Automotive, Inc., Hendrick Automotive Group, Lithia Motors, Inc., Penske Corp. Inc., Scout24 AG, and TrueCar Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive e-retail 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 E-retail Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist automotive e-retail market growth during the next five years
- Estimation of the automotive e-retail market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive e-retail market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive e-retail market vendors
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.