Report cover image

Global Online Car Buying Market 2022-2026

Publisher TechNavio
Published Oct 25, 2022
Length 120 Pages
SKU # INF17488002

Description

Global Online Car Buying Market 2022-2026

Technavio has been monitoring the online car buying market and it is poised to grow by $214.41 mn during 2022-2026, accelerating at a CAGR of 12.4% during the forecast period. Our report on the online car buying market 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, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of e-commerce and technological advancements in online channels, the rise in disposable income in developing economies, and the increasing demand for personal vehicles.

The online car buying market analysis includes type segment and geographic landscape.

Technavio's online car-buying market is segmented as below:

By Type
  • Pre-Owned
  • New Vehicle
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies easy online financing as one of the prime reasons driving the online car buying market growth during the next few years. Also, the introduction of a car subscription model of car leasing and increasing digital literacy will lead to sizable demand in the market.

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. Our report on online car-buying market covers the following areas:
  • Online car buying market sizing
  • Online car buying market forecast
  • Online car buying market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online car-buying market vendors that include American City Business Journals Inc., Asbury Automotive Group Inc., AutoNation Inc., CarGurus Inc., CarMax Inc., Cars and Bids LLC, Cars.com Inc., Cars24 Services Pvt. Ltd., CarSoup of Minnesota Inc., Carvago, Carvana Co., Cox Enterprises Inc., eBay Inc., Edmunds.com Inc., Hendrick Automotive Group, Lithia Motors Inc., MH Sub I LLC, Miami Lakes Automall, and TrueCar Inc. Also, the online car buying market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

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 accurate market growth.

Table of Contents

120 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Class Type
    • Pre-owned - Market size and forecast 2021-2026
    • New vehicle - Market size and forecast 2021-2026
    • Market opportunity by Class Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2021-2026
    • Europe - Market size and forecast 2021-2026
    • APAC - Market size and forecast 2021-2026
    • South America - Market size and forecast 2021-2026
    • Middle East and Africa - Market size and forecast 2021- 2026
    • US - Market size and forecast 2021-2026
    • Canada - Market size and forecast 2021-2026
    • China - Market size and forecast 2021-2026
    • UK - Market size and forecast 2021-2026
    • Germany - Market size and forecast 2021-2026
    • Japan - Market size and forecast 2021-2026
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Asbury Automotive Group Inc.
    • AutoNation Inc.
    • CarGurus Inc.
    • Cars.com Inc.
    • Carvago
    • Cox Enterprises Inc.
    • Hendrick Automotive Group
    • Lithia Motors Inc.
    • MH Sub I LLC
    • TrueCar Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us