Sept. 26, 2019—Susanna Gotsch, industry analyst for CCC Information Services and Vincent Romans of The Romans Group, will be presenting at the 2019 MSO Symposium.
Vincent Romans will take the stage in Las Vegas at 12:30 p.m., on Monday, Nov. 4. following the MSO Symposium networking lunch.
Romans explains, “The relevant total addressable market, TAM, for the collision repair industry continues to trend upward! It’s a future with growth opportunities, for those who are prepared to commit the resources, to build organizational scale across all functional areas involving the end-to-end repair process.”
Continuing, he indicates that “the four consolidating multiple location operator segments ranging from $10M in annual revenue and above, per individual operator and MSO, will grow their market share from almost 39 percent in 2018 to 53 percent by 2023. That leaves a lot of runway of growth opportunity for other repairers representing the remaining 47 percent of the TAM.”
Following Romans, Gotsch will share the most recent observations on collision repair data and its effective trends.