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 - Industry Investment Chapter
The Vehicle History Report Providers industry has a medium level of capital intensity, largely due to the substantial computer technology and equipment employed in the industry. Operators use electronic filing systems to gather data from dealers, repair shop chains, insurers and government agencies (e.g. Departments of Motor Vehicles and police departments). They also maintain large data banks and require significant digital storage space. As such, capital investment is substantial but limited to the purchase of computers, software, servers and hard drive banks.
Labor costs account for about 16.8% of industry revenue in 2013, compared with about 3.6% of revenue dedicated to depreciation expenses... purchase to read more