Global Auto Parts Store Software Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

The global auto parts store software market is anticipated to grow at a significant CAGR of 5.2% during the forecast period (2022-2028). Auto parts store software is a type of retail sales technology that is specifically intended for the sale of auto parts. It helps to speed up the auto parts business's workflow. It helps to run an automobile store by keeping track of vehicle inventory, sales, purchases, billing and invoicing, and CRM. It also offers powerful features for managing auto spare parts inventories, sales, orders, vehicle servicing information, job cards, customer claim records, insurance, and mechanic leaves and attendance. This software is beneficial to vehicle parts businesses' automation needs, including sales and services. The market is primarily driven by the rising aftermarket sales of auto parts. Developing nations have more opportunities for growth in the market compared to developed nations.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance-

• In January 2022, Toyota Motor Corp., a Japanese carmaker, announced that it will release its own operating system for its vehicles by 2025, which will be capable of handling advanced activities such as autonomous driving.

• In January 2022, General Motors established a new online parts marketplace to make its catalog of 45,000 repair and maintenance components more accessible to owners of Chevrolet, GMC, Buick, and Cadillac vehicles. Oil filters, engine and cabin air filters, batteries, brake pads, accessory belts, cooling hoses, and windshield wiper blades are among the new items offered.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By End-User

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

Competitive Landscape- COMCASH Retail ERP, Revel Systems, Epos Now, NetSuite, and Springboard Retail, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Auto Parts Store Software Market is available at:
https://orionmarketreports.com/global-auto-parts-store-software-market/108016/

Global Auto Parts Store Software Market Report by Segment

By Type
• Cloud-Based
• On-Premise

By End-User
• Shopping Mall
• Supermarket
• Convenience Store
• Others

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.