Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Automotive F&I Solution, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive F&I Solution. This report contains market size and forecasts of Automotive F&I Solution in global, including the following market information:
Global Automotive F&I Solution Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive F&I Solution market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 80% of North America market. In terms of product type, Cloud-Based is the largest segment, occupied for a share of 78%, and in terms of application, New Vehicles has a share about 59 percent.
We surveyed the Automotive F&I Solution companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive F&I Solution Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive F&I Solution Market Segment Percentages, by Type, 2022 (%)
Cloud-Based
On-Premise
Global Automotive F&I Solution Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive F&I Solution Market Segment Percentages, by Application, 2022 (%)
New Vehicles
Used Vehicles
Global Automotive F&I Solution Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive F&I Solution Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive F&I Solution revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive F&I Solution revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive F&I Solution, market overview.
Chapter 2: Global Automotive F&I Solution market size in revenue.
Chapter 3: Detailed analysis of Automotive F&I Solution company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive F&I Solution in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
