F&I means finance and insurance. An F&I manager at a dealership is the person who is responsible for obtaining and reviewing purchaser credit applications, pulling credit reports, budgeting customers from credit reports, and structuring loans or leases based on the underwriting guidelines of banks, finance companies and/or lease companies. F&I managers also explain the details of loans to their customers and collect down payments and copies of required documents from customers prior to the delivery of their purchased vehicle. A finance & insurance manager is also responsible for informing the customer of other available product. Once the customer completes their choices of optional products, the F&I manager rolls the cost of those products into the loan, prints all loan/lease paperwork, DMV paperwork and obtains all necessary signatures before authorizing the delivery of the new vehicle. If you purchase a vehicle at a dealership, the salesperson may refer you to someone in the F&I or business office. Automotive F&I Solutions are typically grouped into protection packages and presented by the F&I Manager on an F&I Menu. These products range from vehicle service contracts, to appearance protections and even insurance.
According to our (Global Info Research) latest study, the global Automotive F&I Solution market size was valued at US$ 687 million in 2023 and is forecast to a readjusted size of USD 1242 million by 2030 with a CAGR of 8.5% during review period.
In North America, the key players of Automotive F&I Solution include Darwin Automotive, Maxim Trak (RouteOne), Quantech Software, Sym-Tech Dealer Services, The Impact Group, etc. The top five players hold a share over 81% of North America market. In terms of product type, Cloud-Based is the largest segment, occupied for a share of 79%, and in terms of application, New Vehicles has a share about 58 percent.
This report is a detailed and comprehensive analysis for global Automotive F&I Solution market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Automotive F&I Solution market size and forecasts, in consumption value ($ Million), 2019-2030
Global Automotive F&I Solution market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Automotive F&I Solution market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Automotive F&I Solution market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive F&I Solution
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive F&I Solution market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cox Automotive, CDK Global, Reynolds and Reynolds, Darwin Automotive, MaximTrak (RouteOne), Quantech Software, Sym-Tech Dealer Services, The Impact Group, North American Automotive Group, PCMI Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Automotive F&I Solution market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Automotive F&I Solution market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cloud-Based
On-Premise
Market segment by Application
New Vehicles
Used Vehicles
Market segment by players, this report covers
Cox Automotive
CDK Global
Reynolds and Reynolds
Darwin Automotive
MaximTrak (RouteOne)
Quantech Software
Sym-Tech Dealer Services
The Impact Group
North American Automotive Group
PCMI Corporation
KPA
LGM Financial Service
Impel
ProMax
DealerCorp Solutions
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Automotive F&I Solution product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Automotive F&I Solution, with revenue, gross margin, and global market share of Automotive F&I Solution from 2019 to 2024.
Chapter 3, the Automotive F&I Solution competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Automotive F&I Solution market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive F&I Solution.
Chapter 13, to describe Automotive F&I Solution research findings and conclusion.
Summary:
Get latest Market Research Reports on Automotive F&I Solution. Industry analysis & Market Report on Automotive F&I Solution is a syndicated market report, published as Global Automotive F&I Solution Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Automotive F&I Solution market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.