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Insights on the Automotive Finance Global Market to 2028 - by Type, Service Type, Vehicle Type, Purpose, Provider and Regions


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The global automotive finance market size is expected to reach USD 392.78 billion by 2028 according to a new study. The report  gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period. Governments across the world are collaborating with automotive lenders to promote the adoption of electric vehicles.
The lenders are adopting technologies such as data analytics, cloud computing, artificial intelligence, and machine learning to offer timely services to customers and improve the overall experience. Integration of these technologies enables lenders to expand business operations and offer personalized offers by analyzing external databases, internal ....

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