openPR Logo
Press release

Automotive In-Vehicle Payment Market size is expected to reach USD 15377.3 Bn by 2029 at a CAGR of 50 percent during the forecast period.

03-20-2023 06:58 AM CET | Logistics & Transport

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Automotive In-Vehicle Payment Market

Automotive In-Vehicle Payment Market

Pune 20 March 2023: The business consulting firm Maximize Market Research recently published a report on the Global Automotive In-Vehicle Payment Market. The report indicates the Global Automotive In-Vehicle Payment Market is expected to grow from USD 600 Bn in 2021 and reach nearly USD 15377.3 Bn by 2029 at a CAGR of 50 percent during forecast period of 2022-2029.

Automotive In-Vehicle Payment Market Scope and Research Methodology

The report on the Automotive In-Vehicle Payment Market covers the detailed analysis of the applications and key strategies in the market with the driving and restraining factors. The report provides the in-depth analysis of the key competitors in the market with their strategies, profile, financial performances and recent developments as well as marketing tactics. The report includes the analysis of factors and market trends, volume, cost, share and supply, demand and products analysis. The Automotive In-Vehicle Payment Market report covers the current and upcoming market opportunities analysis to improve business performance according to market trends. The qualitative and quantitative data collected from many free and paid databases and telephonic interviews is further analyzed by tools such as SWOT and PESTLE analysis to understand the Automotive In-Vehicle Payment Market.

Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-automotive-in-vehicle-payment-market/81174/

Automotive In-Vehicle Payment Market Dynamics

The growing digitalization in vehicles and the transport technology is major reason driving the Global Automotive In-Vehicle Payment Market's growth. The inclusion of the smart devices and the internet access in the vehicles is creating enormous opportunities for the payment service providers to give smart solutions to their customers. The government initiatives to make RFID mandatory in vehicles for toll collection and tracking vehicles make the customer to buy such vehicles expected to drive the Automotive In-Vehicle Payment Market.

Automotive In-Vehicle Payment Market Regional Insights

The largest Automotive In-Vehicle Payment Market share was held by the North American region in 2021. This growth is attributed to increasing implementation of services at food plazas, fuel station and parking stations, creating demand for automotive in vehicle payment service in this region. The regional analysis in the report covers the key competitors from local to global as well as the market structure, demand and consumer behavior for the specific regions. India has made compulsory for FASTAG which helps in collection of tolls cashless by just passing through the scanners. Such innovations are expected to present lucrative growth opportunities for the market in such countries.

Request For Free Inquiry Report : https://www.maximizemarketresearch.com/inquiry-before-buying/81174

Automotive In-Vehicle Payment Market Segmentation

By Application

Fuel Stations
Parking Spaces
Electric Charging Stations
Toll Booths
Other Applications

By Technology Type

Long Range Radio Frequency Identification (RFID)
Bluetooth Low Energy (BLE)

By Component Type

ECU
Code Scanner
Camera

By Vehicle Type

Passenger vehicles
Commercial vehicles

Automotive In-Vehicle Payment Market Key Players include:

BMW AG
Daimler AG
Ford Motor Co.
General Motors
Honda Motor Co. Ltd.
Hyundai Motor Co.
Jaguar Land Rover Automotive PLC
Volkswagen AG
ZF Friedrichshafen AG
Google
Amazon
Visa
MasterCard
PayPal

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/81174

Table of Content for Global Automotive In-Vehicle Payment Market:

Global Automotive In-Vehicle Payment Market: Research Methodology

Global Automotive In-Vehicle Payment Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Automotive In-Vehicle Payment Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Automotive In-Vehicle Payment Market Segmentation
Global Market, by End-users (2021-2029)
Global Market, by Product (2021-2029)
Global Market, by Application (2021-2029)

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/81174

Regional AI Recruitment Market (2021-2029)
Regional Market, by End-users (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Application, Technology Type, Component Type, Vehicle Type
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

Global Automotive Gear Shift System Market: Industry Analysis and Forecast 2021-2027: By Type, Transmission Type, Vehicle Type, Sales Channel and Region.
https://www.maximizemarketresearch.com/market-report/global-automotive-gear-shift-system-market/120979/

Global Automotive Radiator Market: Industry Analysis and Forecast 2021-2027: by Product Type, Material Type, Vehicle Type, End Users and Region.
https://www.maximizemarketresearch.com/market-report/global-automotive-radiator-market/118045/

Digital Payment in Healthcare Market - Growth, Trends, Industry Analysis and Forecasts (2022 to 2029)
https://www.maximizemarketresearch.com/market-report/global-digital-payment-in-healthcare-market/63212/

Digital Payment Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/digital-payment-market/16835/

India Digital Banking Platforms Market: Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/india-digital-banking-platforms-market/125299/

Wearable Payments Devices Market: Global Industrial Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-wearable-payment-device-market/94746/

Digital Security Control Market: Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-digital-security-control-market/82080/

Global HD Map for Autonomous Vehicles Market: Industry Analysis and Forecast 2021-2027: By Service Type, Level of Automation, Usage Type, Vehicle Type and Region.
https://www.maximizemarketresearch.com/market-report/global-hd-map-for-autonomous-vehicles-market/121572/

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market- verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive In-Vehicle Payment Market size is expected to reach USD 15377.3 Bn by 2029 at a CAGR of 50 percent during the forecast period. here

News-ID: 2981222 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a Robust 13.71% CAGR
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a …
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million. Bangladesh Ceramics Tiles Market Overview: The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030. Furfural Market Overview: The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to Grow at a 5.59% CAGR Through 2032
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to …
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range of
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR …
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizes

All 5 Releases


More Releases for Vehicle

Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025? The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025. To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245 Global truck platooning market is segmented
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031. Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122 Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),