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Vehicle History Report Providers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Vehicle History Report Providers Market Research Report | Advisory & Financial Services | Investment Research & Platforms | Apr 2013

All checked out: Increasing car sales will boost demand for vehicle history reports

The Vehicle History Report Providers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Carfax Carfax market share
Experian Experian market share
Industry Statistics & Market Size
Revenue
$516m
Annual Growth 08-13
-1.0%
Annual Growth 13-18
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Profit
Purchase to read more
Employment
1,193
Businesses
74
Industry Analysis & Industry Trends

The Vehicle History Report Providers industry declined slightly over the past five years because car sales were down due to the recession; higher disposable income levels will spur used car sales and in turn demand for vehicle history reports. Companies that develop mobile apps will fare particularly well by being able to serve car buyers directly on the lot.... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry in this industry are medium. To compete with established providers such as Carfax or Experian, a startup would need access to a massive partner and data network comprised of tens of thousands of sources. However, becoming an approved National Motor Vehicle Title Information System (NMVTIS) data provider is a low-cost way to enter the industry, since this single database contains the title information, odometer reading, brand history (e.g., “junk” or “flood”) and theft history for more than 87.0% of the US vehicle population. The cost to become an approved NMVTIS data provider is just $6,000, according to the California New Car Dealers Association... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Vehicle History Report Providers Industry?

Industry firms provide detailed vehicle history reports to consumers and businesses. These reports include information about the vehicle's accident history and usually include an estimated current value. This industry excludes auto repair facilities, shops and independent mechanics that can inspect a vehicle and provide information on its history.

Industry Products
Single report sales30-day consumer membershipDealer memberships
 
Industry Activities
Selling vehicle history reports (including past ownership, accidents, emissions tests and repair work)Purchasing automobile data and information


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