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.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/74175
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.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @ https://exactitudeconsultancy.com/request-sample/74175
Our More Reports:
Healthcare Information Technology (Healthcare IT) Market
https://exactitudeconsultancy.com/reports/75840/healthcare-information-technology-healthcare-it-market
Fetal Monitoring System Market
https://exactitudeconsultancy.com/reports/75977/fetal-monitoring-system-market
Intelligent Electronic Parcel Lockers Market
https://exactitudeconsultancy.com/reports/76043/intelligent-electronic-parcel-lockers-market
Cloud Electronic Design Automation(Eda) Industry Market
https://exactitudeconsultancy.com/reports/76061/cloud-electronic-design-automation-eda-industry-market
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.
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
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 Electronic Toll Collection Market Accelerates as Governments Adopt Cashless, Contactless, and AI-Enabled Traffic Management here
News-ID: 4297024 • Views: …
More Releases from Exactitude Consultancy
Cold Planer Market Sees Consistent Growth Supported by Global Road Rehabilitatio …
The global cold planer market is experiencing steady growth as governments and private contractors increase spending on road rehabilitation, resurfacing, and infrastructure modernization. Cold planers, also known as milling machines, are widely used to remove damaged asphalt and concrete surfaces efficiently, supporting sustainable road construction practices.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68250
Key Market Highlights
• Increasing focus on road maintenance and resurfacing projects
• Growing demand for efficient and precision milling…
Credit Management Software Market Accelerates as Organizations Focus on Risk Mit …
The global credit management software market is witnessing robust growth as organizations across industries adopt digital solutions to manage credit risk, improve receivables performance, and strengthen financial controls. Credit management software enables businesses to automate credit scoring, monitor customer creditworthiness, and streamline collections processes.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68248
Key Market Highlights
• Growing adoption of automated credit risk assessment tools
• Increasing focus on working capital and cash flow management
• Integration…
Session Border Controller Market Expands Rapidly as Enterprises and Telecom Oper …
The global session border controller (SBC) market is experiencing strong growth as telecom operators and enterprises increasingly deploy SBC solutions to secure, manage, and optimize real-time IP communications. SBCs play a critical role in protecting voice over IP (VoIP), unified communications (UC), and multimedia sessions from cyber threats while ensuring interoperability and quality of service.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68246
Key Market Highlights
• Growing adoption of VoIP and…
Biofuel Market Including E-Methane and Sustainable Aviation Fuel Gains Strong Tr …
The global biofuel market, encompassing e-methane, sustainable aviation fuel (SAF), and other advanced biofuels, is witnessing robust growth as governments and industries intensify efforts to reduce carbon emissions and transition toward cleaner energy sources. These fuels play a critical role in achieving net-zero targets while enabling decarbonization of hard-to-abate sectors such as aviation, shipping, and heavy transportation.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68244
Key Market Highlights
• Rapid growth of…
More Releases for Toll
Key Trends Influencing the Growth of the Electronic Toll Collection Market in 20 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Electronic Toll Collection Market Through 2025?
The market for electronic toll collection has seen robust growth in recent years. Its size is predicted to expand from $8.71 billion in 2024 to $9.55 billion in 2025, at a compound annual growth rate (CAGR)…
Global Toll Compounding Service Market Size by Application, Type, and Geography: …
USA, New Jersey- According to Market Research Intellect, the global Toll Compounding Service market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
Beginning in 2025 and continuing through 2032, it is anticipated that the market for toll compounding services will expand at a compound annual growth…
Electronic Toll Collection Market Report 2024 - Electronic Toll Collection Marke …
"The Business Research Company recently released a comprehensive report on the Global Electronic Toll Collection Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The electronic toll collection…
Luxury House Interior Design Market is Going to Boom | Archi Pro, Toll Brothers, …
The Latest research study released by HTF MI “Luxury House Interior Design Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this…
PARKnSECURE TOLL MANAGEMENT SOLUTION: ADVANCED AUTOMATED TOLL OPERATION SYSTEM
In recent days, PARKnSECURE (I) PVT LTD has entrenched its solution scope to TMS (Toll Management System) that will automate entire operation at Toll Plazas in India, from vehicle classification to toll collection, without affecting traffics at toll plazas.
This year, the Company announced its new strategy in terms of new solution where it has started automating Toll Management System solution specialized for the Toll Roads. Solution is mainly focused…
Toll-Like Receptor (TLR) Agonists & Antagonists Toll Market Analysis- Regional O …
Report Bazzar has released its latest research-based report entitled ‘Toll-Like Receptor (TLR) Agonists & Antagonists Toll market.' This comprehensive report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Toll-Like Receptor (TLR) Agonists & Antagonists Toll Market worldwide along with the key trends and latest technologies, playing a prominent role in the Toll-Like Receptor (TLR) Agonists & Antagonists…
