SEPTEMBER 2021AUTOTECHOUTLOOK.COM6Dealers have to manage vehicle and inventory information, financial reporting, payroll services, and cash flow management, sales and other workflows to run a successful business. The increasing investments in the dealer management system, mounting adoption of cloud technology, and a shift from paperless work to automation are driving the growth of the dealer management solution market. However, security concerns due to the lack of cybersecurity measures might hinder the market growth. Despite the concerns, the dealership management market is projected to reach USD 10,028 million by 2027 at a CAGR of 6.8 percent during the forecast period. Moreover, the rising demand for better inventory management, improved sales tracking, enhanced customer relationship management, improved commission and insurance calculation, and technological advancements in dealer management systems, such as artificial intelligence and data analytics, would surge the global market growth during the forecast period. Real-time visibility, simplified business operations, and engaging customer communication are positively influencing the growth of the global dealer management system market. In this edition of Auto Tech Outlook, we bring you the story of some of the most successful dealership management solution providers in Europe that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you the assistance in choosing the right dealership management solution provider according to your requirements.Let us know your thoughts!EDITORIALDigitization in Automotive RetailCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.FEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019 Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersJosiah Thomas Ronald DonovanManaging EditorLester D'Souza*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffLester D'SouzaManaging Editoreditor@autotechoutlook.comSeptember - 03 - 2021 Volume 04 Issue - 07Published by ValleyMedia, Inc.To subscribe to Autotech OutlookVisit www.autotechoutlook.com Email:sales@autotechoutlook.comeditor@autotechoutlook.commarketing@autotechoutlook.comFEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019
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