Global Automotive Subscription Services Market 2020-2024

Global Automotive Subscription Services Market 2020-2024

Technavio has been monitoring the global automotive subscription services market 2020-2024 and it is poised to grow by USD 9.15 bn during 2020-2024, progressing at a CAGR of 64% during the forecast period. Our reports on global automotive subscription services market 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by option to select from a wide range of vehicles under single subscription. In addition, increasing smartphone and internet penetration is anticipated to boost the growth of the global automotive subscription services market 2020-2024 as well.

Market Segmentation

Technavio's global automotive subscription services market 2020-2024 is segmented as below:

Distribution Channel:

  • OEMs
  • Dealership/third Party
Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for global automotive subscription services market 2020-2024 growth

This study identifies increasing smartphone and internet penetration as the prime reasons driving the global automotive subscription services market 2020-2024 growth during the next few years.

Prominent vendors in global automotive subscription services market 2020-2024

We provide a detailed analysis of around 25 vendors operating in the global automotive subscription services market 2020-2024, 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 .

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.

About Technavio

Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel placement - Market share 2019-2024 (%)
    • Comparison by Distribution channel placement
      • Table Comparison by Distribution channel placement
    • OEMs - Market size and forecast 2019-2024
      • Table OEMs - Market size and forecast 2019-2024 ($ million)
      • Table OEMs - Year-over-year growth 2019-2024 (%)
    • Dealership/third party - Market size and forecast 2019-2024
      • Table Dealership/third party - Market size and forecast 2019-2024 ($ million)
      • Table Dealership/third party - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
      • Table Segmentation - Market share
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Increasing smartphone and internet penetration
      • Option to select from a wide range of vehicles under a single subscription
      • Rise in technological advances in automobiles
    • Market challenges
      • High maintenance cost for service providers
      • Growing use of public transport
      • Easy availability of automotive financing
      • Expensive compared to leasing and rental services
        • Table Impact of drivers and challenges
    • Market trends
      • Development of new mobility concepts
      • Rise in demand for electric and autonomous vehicles
      • Improved touchpoint management
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB Volvo
      • Table AB Volvo - Overview
      • Table AB Volvo - Business segments
      • Table AB Volvo - Key news
      • Table AB Volvo - Key offerings
      • Table AB Volvo - Segment focus
    • BMW AG
      • Table BMW AG - Overview
      • Table BMW AG - Business segments
      • Table BMW AG - Key news
      • Table BMW AG - Key offerings
      • Table BMW AG - Segment focus
    • Cox Automotive Inc.
      • Table Cox Automotive Inc. - Overview
      • Table Cox Automotive Inc. - Product and service
      • Table Cox Automotive Inc. - Key news
      • Table Cox Automotive Inc. - Key offerings
    • Daimler AG
      • Table Daimler AG - Overview
      • Table Daimler AG - Business segments
      • Table Daimler AG - Key news
      • Table Daimler AG - Key offerings
      • Table Daimler AG - Segment focus
    • Fair Financial Corp.
      • Table Fair Financial Corp. - Overview
      • Table Fair Financial Corp. - Product and service
      • Table Fair Financial Corp. - Key news
      • Table Fair Financial Corp. - Key offerings
    • Flexdrive Services LLC
      • Table Flexdrive Services LLC - Overview
      • Table Flexdrive Services LLC - Product and service
      • Table Flexdrive Services LLC - Key news
      • Table Flexdrive Services LLC - Key offerings
    • General Motors Co.
      • Table General Motors Co. - Overview
      • Table General Motors Co. - Business segments
      • Table General Motors Co. - Key news
      • Table General Motors Co. - Key offerings
      • Table General Motors Co. - Segment focus
    • Hyundai Motor Co.
      • Table Hyundai Motor Co. - Overview
      • Table Hyundai Motor Co. - Business segments
      • Table Hyundai Motor Co. - Key news
      • Table Hyundai Motor Co. - Key offerings
      • Table Hyundai Motor Co. - Segment focus
    • Tesla Inc.
      • Table Tesla Inc. - Overview
      • Table Tesla Inc. - Business segments
      • Table Tesla Inc. - Key news
      • Table Tesla Inc. - Key offerings
      • Table Tesla Inc. - Segment focus
    • Volkswagen AG
      • Table Volkswagen AG - Overview
      • Table Volkswagen AG - Business segments
      • Table Volkswagen AG - Key news
      • Table Volkswagen AG - Key offerings
      • Table Volkswagen AG - Segment focus
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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