Press release
Electronic Toll Collection Market Accelerates as Governments Adopt Cashless, Contactless, and AI-Enabled Traffic Management
Electronic Toll Collection Market
The global Electronic Toll Collection (ETC) Market is expanding rapidly, driven by the global shift toward smart mobility, expressway digitalization, congestion reduction, and seamless toll payment solutions. ETC systems-using RFID, DSRC, ANPR, GNSS/GPS, and cloud-based platforms-enable fast, non-stop tolling, reducing traffic congestion and fuel consumption while improving toll collection efficiency for governments. From RFID-based FASTag systems in India to GPS/GNSS tolling in Europe and ANPR-equipped expressways worldwide-ETC technology is transforming digital mobility and modern highway infrastructure.
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Key Takeaways
• Market Size (2024): USD 9.5 Billion
• Forecast (2030): USD Billion
• CAGR: XX%
• Main Drivers: Highway modernization, smart city initiatives, cashless tolling, traffic decongestion, reduced operational costs, EV-friendly infrastructure
• Key Technologies: RFID, DSRC, GPS/GNSS, ANPR license plate recognition, cloud-based tolling software
• Leading Players: Conduent Inc., Kapsch TrafficCom, Thales Group, Cubic Corporation, Mitsubishi Heavy Industries, Siemens Mobility, TransCore, Raytheon, Efkon GmbH, Neology
Market Story - Why the Electronic Toll Collection Market Is Growing
As global road traffic rises, governments and transport authorities are shifting to automated tolling and intelligent transportation systems (ITS) to improve mobility, minimize congestion, and increase revenue collection.
Core Market Growth Drivers:
1. Smart Mobility & Highway Digitalization
Countries are replacing manual toll booths with:
• Fast, cashless plazas
• RFID-based systems
• ANPR-camera tolling
• GNSS-based distance tolling
This ensures faster traffic throughput and less infrastructure burden.
2. Government Policy Push
National and state-level mandates promote:
• Cashless FASTag adoption (India)
• European Electronic Toll Service (EETS)
• Unified tolling platforms
• Smart road funding models
3. Rising Vehicle Ownership
Expanding car populations in:
• Asia Pacific
• Middle East
• Latin America
are increasing the demand for automated, scalable tolling systems.
4. Advancements in Traffic Analytics
AI, ML, and computer vision enhance:
• Real-time vehicle classification
• Congestion prediction
• Toll fraud detection
• Automated violation enforcement
5. Reduced Operational Costs
ETC eliminates:
• Cash handling
• Manual labor
• Queue management
• Long waiting times
Electronic tolling improves compliance and reduces leakage.
6. Growth of Electric Vehicles (EVs)
EV corridors rely on:
• GPS/GNSS-based tolling
• Automated billing
• Smart charging + toll integration systems
Market Segmentation & Growth Analysis
By Technology
• RFID-Based ETC (largest share globally)
• DSRC (Dedicated Short-Range Communication)
• GPS/GNSS Tolling
• ANPR/ALPR Camera-Based Tolling
• Bluetooth & IoT-Enabled Tolling Systems
By Offering
• Hardware (Readers, Antennas, Cameras, Controllers, On-Board Units)
• Software (Billing, Traffic Management, Violation Enforcement Software)
• Services (Integration, Maintenance, Tolling-as-a-Service)
By Application
• Highways & Expressways
• Urban Tolling (flyovers, bridges, tunnels)
• FASTag/Tag-Based Systems
• Distance-Based Tolling
• Parking Fee Automation
By Payment Method
• Prepaid/RFID Tags
• GPS-Based Automatic Billing
• ANPR-Based Postpaid Billing
• Mobile App Payments & Wallets
By End User
• Government Agencies
• Highway Operators
• Smart City Authorities
• Private Toll Road Companies
By Region
• Asia Pacific - Fastest growth; large-scale adoption in India, China, Japan
• North America - Mature ITS ecosystem; strong DSRC & ANPR adoption
• Europe - Leader in GPS/GNSS distance tolling
• Middle East - Smart city megaprojects fueling ETC expansion
• Latin America - Growing expressway modernization
Explore Full Report here: https://exactitudeconsultancy.com/reports/74175/electronic-toll-collection-market
Recent Developments
• Conduent launched AI-driven tolling analytics to reduce fraud and improve vehicle recognition accuracy.
• Kapsch expanded GNSS-based tolling systems across several European corridors.
• Thales deployed advanced ANPR tolling for fully automated expressways.
• Cubic introduced integrated tolling + traffic management for urban smart mobility.
• TransCore implemented high-speed RFID tolling solutions for large U.S. expressways.
• Efkon rolled out toll violation enforcement platforms using AI-powered imaging.
Expert Comment (Exactitude Consultancy)
"Electronic tolling is central to smart mobility and future-ready transport infrastructure. As governments digitalize highways and adopt AI-based traffic systems, ETC solutions will witness unprecedented growth worldwide."
- Irfan Tamboli, Business Development Executive, Exactitude Consultancy
Conclusion
The Electronic Toll Collection Market is set for robust expansion as nations accelerate expressway modernization, adopt smart city frameworks, and shift toward contactless and cashless tolling. With AI-enabled traffic intelligence, GNSS-based tolling models, and integrated mobility systems, ETC will remain a key pillar of digital transportation.
This report is also available in the following languages : Japanese (電子料金収受市場), Korean (전자 통행료 징수 시장), Chinese (电子收费市场), French (Marché du péage électronique), German (Markt für elektronische Mauterhebung), and Italian (Mercato del telepedaggio), etc.
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About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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https://www.analytica.global/
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https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
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