LONDON--(BUSINESS WIRE)--Jul 30, 2018--According to the latest market research report released by Technavio, the global automotive subscription services market is expected to register a CAGR of more than 71% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.

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Technavio has published a new market research report on the global automotive subscription services market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global automotive subscription services market into the following channel:

OEM Dealership/third party

The OEM segment will account for more than 85% share of the market in 2017. However, the dealership/third party segment will witness maximum incremental growth during the forecast period.

Global automotive subscription services market: Top emerging trend

Development of new mobility concept is an emerging trend in the automotive subscription services market. To meet the increasing demand for flexible and sustainable transport system, the leasing companies are offering mobility systems, where for a fixed monthly fee the clients can combine access to a vehicle with journeys by train, bus and even bicycle. Such innovative product offerings by leasing companies depend on new technologies, such as integrated ticketing, smartphone apps, and in-car communications to create a package that offers a customer the best possible choices of completing a journey.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Automotive Subscription Services Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Market segmentation by channel (OEM and dealership/third party)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (BMW, Ford Motor Company, General Motors, Porsche, and Volvo Car)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005424/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING ENGINEERING AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Technavio Research

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PUB: 07/30/2018 09:56 AM/DISC: 07/30/2018 09:56 AM

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