North America Towing Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment (Web-Based and Cloud) and Enterprise Size (Large Enterprises, and Small and Medium Enterprises)

North America Towing Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Deployment (Web-Based and Cloud) and Enterprise Size (Large Enterprises, and Small and Medium Enterprises)

Market Introduction

Towing software supports automotive towing and recovery businesses handle their operation and assist clients in requirement. This may comprise a combination of features associated to truck dispatch, GPS tracking, customer databases and payment processing, and accounting. This software may also locate and communicate with auto repair shops and garages to prepare towed vehicles for drop-off. Tow truck operators and office managers make use of these solutions for receiving emergency calls, manage back office tasks, and pick up customers sometimes combining with accounting or fleet management software. New towing software providers are entering the market, building competition for the well-established software firms who have a long-standing national presence.

Market Overview and Dynamics

The towing software market in North America was valued US$ 56.3 million in 2019 and is projected to reach US$ 76.5 million by 2027; it is expected to grow at a CAGR of 4.3% from 2020 to 2027. Factors such as increase in operational efficiency due to remote access to data and enhanced communication with use of connected navigation technology is expected to boost the growth of North America towing software market. Additionally, rising demand for roadside assistance is expected to offer prosperous growth opportunities to the North America towing software market.

Key Market Segments

In terms of deployment, the cloud-based segment accounted for the largest share of the North America towing software market in 2019. In terms of enterprise size, the large enterprises segment held a larger market share of the towing software market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the towing software market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. A few of the players operating in the North America towing software market are Beacon Software LLC, Clearplan, Inc., DATOW Software, Extric LLC (Towbook), Omadi, Inc., SwoopMe, Inc., TowSoft inc., Tracker Management Systems LLC, TXI Systems, Inc., and Workiz Inc., among others.

COVID 19 Impact

The COVID-19 pandemic is one of the largest disrupting forces, with the region’s three countries continuing to combat outbreaks and significant community spread. Across the Mexico and United States, new case numbers are rapidly ticking upward, and there are some signs that the spread is expected to be under control soon. The US is a prominent market for towing software in end-use industries. The huge increase in the number of confirmed cases and rising reported deaths in the country has affected software providers to some extent due to the decrease in demand for their products. The business shutdowns as well as social distancing across the US, Canada, and Mexico are impacting the adoption of the towing software market.

NORTH AMERICA TOWING SOFTWARE MARKET SEGMENTATION

Towing Software Market – By Deployment Type

Web-based

Cloud-based

Towing Software Market – By Enterprise Size

Small & Medium Enterprises

Large Enterprises

Towing Software Market- by Region

North America

US

Canada

Mexico

Reasons to Buy

Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America towing software market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize In-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to component, access point, enterprise size and vertical.


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Towing Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Towing Software Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Operational Efficiency due to Remote Access to Data
5.1.2 Enhanced Communication with Use of Connected Navigation Technology
5.2 Market Restraints
5.2.1 Risks Related to Data Security
5.3 Market Opportunities
5.3.1 Rising Roadside Assistance Demand
5.4 Future Trends
5.4.1 AI-Driven Towing Software
5.5 Impact Analysis of Drivers and Restraints
6. Towing Software Market – North America Analysis
6.1 North America: Towing Software Market
6.1.1 North America: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
7. Towing Software Market – By Deployment
7.1 Overview
7.2 Towing Software Market, by Deployment (2019 and 2027)
7.3 Web-based
7.3.1 Overview
7.3.2 Web-based: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Cloud
7.4.1 Overview
7.4.2 Cloud: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
8. Towing Software Market Analysis – By Enterprise Size
8.1 Overview
8.2 Towing Software Market, By Enterprise Size (2019 and 2027)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
9. Towing Software Market Analysis – By Country
9.1 Towing Software Market, By Country (2019 and 2027)
9.1.1.1 US: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 US: Towing Software Market, by Deployment
9.1.1.1.2 US: Towing Software Market, by Enterprise Size
9.1.1.2 Canada: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Canada: Towing Software Market, by Deployment
9.1.1.2.2 Canada: Towing Software Market, by Enterprise Size
9.1.1.3 Mexico: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Mexico: Towing Software Market, by Deployment
9.1.1.3.2 Mexico: Towing Software Market, by Enterprise Size
10. Towing Software Market- COVID-19 Impact Analysis
10.1 North America
11. Global Towing Software Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Beacon Software LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Clear plan, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DATOW Software
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Omadi, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Tracker Management Systems LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TXI Systems, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Extric LLC (Towbook)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SwoopMe, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Workiz Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TowSoft inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
LIST OF TABLES
Table 1. North America Towing Software Market, by Country – Revenue and Forecast to 2027 (USD Million)
Table 1. US: Towing Software Market, by Deployment –Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Towing Software Market, by Enterprise Size –Revenue and Forecast to 2027 (US$ Million)
Table 3. Canada: Towing Software Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 4. Canada: Towing Software Market, by Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
Table 5. Mexico: Towing Software Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 6. Mexico: Towing Software Market, by Enterprise Size – Revenue and Forecast to 2027 (US$ Million)
LIST OF FIGURES
Figure 1. Towing Software Market Segmentation
Figure 2. Towing Software Market Segmentation – By Country
Figure 3. Towing Software Market Overview
Figure 5. Cloud Segment is Expected to Dominate the Market by Deployment
Figure 6. SMEs Segment is Expected to Witness the High Growth During the Forecast Period 2020-2027
Figure 7. Canada to Show Great Traction During Forecast Period
Figure 8. North America PEST Analysis
Figure 9. Towing Software Market, Ecosystem
Figure 10. TOWING SOFTWARE Market Impact Analysis of Drivers and Restraints
Figure 11. North America: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Towing Software Market Revenue Share, by Deployment (2019 and 2027)
Figure 13. Web-based: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Cloud: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Towing Software Market Revenue Share, by Enterprise Size (2019 and 2027)
Figure 16. SMEs: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Large Enterprises: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. North America: Towing Software Market Revenue Share, by Key Country (2019 and 2027)
Figure 19. US: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Canada: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Mexico: Towing Software Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic in North American Country Markets

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