FinTech simplifies financial transactions for consumers or businesses, making them more accessible and generally more affordable. It can also apply to companies and services utilizing AI, big data, and encrypted blockchain technology to facilitate highly secure transactions amongst an internal network.
The global Automotive Financial Technology Service market is projected to reach US$ 263.4 million in 2029, increasing from US$ 202 million in 2022, with the CAGR of 4.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Automotive Financial Technology Service market research.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Automotive Financial Technology Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
AutoFi
AutoGravity
Blinker
Auto Pay
Roadster
Motorefi
Carvana
Carsoup
CarGurus
Edmunds
Segment by Type
Automotive Leasing & Finance
Automotive Insurance
Digital Automotive Retailing
Segment by Application
Passenger Vehicles
Commercial Vehicles
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Automotive Financial Technology Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Automotive Financial Technology Service Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Automotive Leasing & Finance
1.2.3 Automotive Insurance
1.2.4 Digital Automotive Retailing
1.3 Market by Application
1.3.1 Global Automotive Financial Technology Service Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Passenger Vehicles
1.3.3 Commercial Vehicles
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Automotive Financial Technology Service Market Perspective (2018-2029)
2.2 Automotive Financial Technology Service Growth Trends by Region
2.2.1 Global Automotive Financial Technology Service Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Automotive Financial Technology Service Historic Market Size by Region (2018-2023)
2.2.3 Automotive Financial Technology Service Forecasted Market Size by Region (2024-2029)
2.3 Automotive Financial Technology Service Market Dynamics
2.3.1 Automotive Financial Technology Service Industry Trends
2.3.2 Automotive Financial Technology Service Market Drivers
2.3.3 Automotive Financial Technology Service Market Challenges
2.3.4 Automotive Financial Technology Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Automotive Financial Technology Service Players by Revenue
3.1.1 Global Top Automotive Financial Technology Service Players by Revenue (2018-2023)
3.1.2 Global Automotive Financial Technology Service Revenue Market Share by Players (2018-2023)
3.2 Global Automotive Financial Technology Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Automotive Financial Technology Service Revenue
3.4 Global Automotive Financial Technology Service Market Concentration Ratio
3.4.1 Global Automotive Financial Technology Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Automotive Financial Technology Service Revenue in 2022
3.5 Automotive Financial Technology Service Key Players Head office and Area Served
3.6 Key Players Automotive Financial Technology Service Product Solution and Service
3.7 Date of Enter into Automotive Financial Technology Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Automotive Financial Technology Service Breakdown Data by Type
4.1 Global Automotive Financial Technology Service Historic Market Size by Type (2018-2023)
4.2 Global Automotive Financial Technology Service Forecasted Market Size by Type (2024-2029)
5 Automotive Financial Technology Service Breakdown Data by Application
5.1 Global Automotive Financial Technology Service Historic Market Size by Application (2018-2023)
5.2 Global Automotive Financial Technology Service Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Automotive Financial Technology Service Market Size (2018-2029)
6.2 North America Automotive Financial Technology Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Automotive Financial Technology Service Market Size by Country (2018-2023)
6.4 North America Automotive Financial Technology Service Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Automotive Financial Technology Service Market Size (2018-2029)
7.2 Europe Automotive Financial Technology Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Automotive Financial Technology Service Market Size by Country (2018-2023)
7.4 Europe Automotive Financial Technology Service Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Automotive Financial Technology Service Market Size (2018-2029)
8.2 Asia-Pacific Automotive Financial Technology Service Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Automotive Financial Technology Service Market Size by Region (2018-2023)
8.4 Asia-Pacific Automotive Financial Technology Service Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Automotive Financial Technology Service Market Size (2018-2029)
9.2 Latin America Automotive Financial Technology Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Automotive Financial Technology Service Market Size by Country (2018-2023)
9.4 Latin America Automotive Financial Technology Service Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Automotive Financial Technology Service Market Size (2018-2029)
10.2 Middle East & Africa Automotive Financial Technology Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Automotive Financial Technology Service Market Size by Country (2018-2023)
10.4 Middle East & Africa Automotive Financial Technology Service Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AutoFi
11.1.1 AutoFi Company Detail
11.1.2 AutoFi Business Overview
11.1.3 AutoFi Automotive Financial Technology Service Introduction
11.1.4 AutoFi Revenue in Automotive Financial Technology Service Business (2018-2023)
11.1.5 AutoFi Recent Development
11.2 AutoGravity
11.2.1 AutoGravity Company Detail
11.2.2 AutoGravity Business Overview
11.2.3 AutoGravity Automotive Financial Technology Service Introduction
11.2.4 AutoGravity Revenue in Automotive Financial Technology Service Business (2018-2023)
11.2.5 AutoGravity Recent Development
11.3 Blinker
11.3.1 Blinker Company Detail
11.3.2 Blinker Business Overview
11.3.3 Blinker Automotive Financial Technology Service Introduction
11.3.4 Blinker Revenue in Automotive Financial Technology Service Business (2018-2023)
11.3.5 Blinker Recent Development
11.4 Auto Pay
11.4.1 Auto Pay Company Detail
11.4.2 Auto Pay Business Overview
11.4.3 Auto Pay Automotive Financial Technology Service Introduction
11.4.4 Auto Pay Revenue in Automotive Financial Technology Service Business (2018-2023)
11.4.5 Auto Pay Recent Development
11.5 Roadster
11.5.1 Roadster Company Detail
11.5.2 Roadster Business Overview
11.5.3 Roadster Automotive Financial Technology Service Introduction
11.5.4 Roadster Revenue in Automotive Financial Technology Service Business (2018-2023)
11.5.5 Roadster Recent Development
11.6 Motorefi
11.6.1 Motorefi Company Detail
11.6.2 Motorefi Business Overview
11.6.3 Motorefi Automotive Financial Technology Service Introduction
11.6.4 Motorefi Revenue in Automotive Financial Technology Service Business (2018-2023)
11.6.5 Motorefi Recent Development
11.7 Carvana
11.7.1 Carvana Company Detail
11.7.2 Carvana Business Overview
11.7.3 Carvana Automotive Financial Technology Service Introduction
11.7.4 Carvana Revenue in Automotive Financial Technology Service Business (2018-2023)
11.7.5 Carvana Recent Development
11.8 Carsoup
11.8.1 Carsoup Company Detail
11.8.2 Carsoup Business Overview
11.8.3 Carsoup Automotive Financial Technology Service Introduction
11.8.4 Carsoup Revenue in Automotive Financial Technology Service Business (2018-2023)
11.8.5 Carsoup Recent Development
11.9 CarGurus
11.9.1 CarGurus Company Detail
11.9.2 CarGurus Business Overview
11.9.3 CarGurus Automotive Financial Technology Service Introduction
11.9.4 CarGurus Revenue in Automotive Financial Technology Service Business (2018-2023)
11.9.5 CarGurus Recent Development
11.10 Edmunds
11.10.1 Edmunds Company Detail
11.10.2 Edmunds Business Overview
11.10.3 Edmunds Automotive Financial Technology Service Introduction
11.10.4 Edmunds Revenue in Automotive Financial Technology Service Business (2018-2023)
11.10.5 Edmunds Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AutoFi
AutoGravity
Blinker
Auto Pay
Roadster
Motorefi
Carvana
Carsoup
CarGurus
Edmunds
*If Applicable.