In-Vehicle Payment Services Market to Witness Major Growth by 2028 : Alphabet, Audi AG, BMW AG, Daimler AG
Stay up to date with In-Vehicle Payment Services Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.
Pune, Maharashtra -- (SBWire) -- 06/23/2023 --HTF Market Intelligence published a new research document of 150+ pages on "In-Vehicle Payment Services Market Insights, to 2028" with self-explained Tables and charts in a presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, and Opportunities generated by targeting market-associated stakeholders. The growth of the In-Vehicle Payment Services market was mainly driven by the increasing R&D spending by leading and emerging players, however, the latest scenario and economic slowdown have changed complete market dynamics.
Some of the key players profiled in the study are Alphabet Inc. (United States), Audi AG (Germany), BMW AG (Germany), Daimler AG (Germany), Ford Motor Company, General Motors Company (United States), Honda Motor Co. Ltd. (Japan), Hyundai Motor Corporation (South Korea), IBM Corporation (United States), Mastercard Inc. (United States).
The Global In-Vehicle Payment Services market was valued at USD 5.31 Billion in 2023 and is expected to reach USD 16.7 Billion by 2028, growing at a CAGR of 15.4 % during 2023-2028.
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Definition:
The In-Vehicle Payment Services Market refers to the integration of payment systems within vehicles, allowing drivers and passengers to make transactions and payments while on the go. These payment services can include the ability to pay for fuel, parking, tolls, and other transportation-related expenses directly from the vehicle. In-vehicle payment systems typically utilize technologies such as near-field communication (NFC), Bluetooth, or mobile apps to securely process transactions. The market for in-vehicle payment services is expected to grow as the demand for convenient and seamless payment options continues to increase.
Market Trends:
- Autonomous vehicles are enabled with internet connectivity according to the growing demand for luxury, convenience, and comfort.
Market Drivers:
- The growing trend of autonomous vehicles
Market Opportunities:
- Advancements in technology, such as the Internet of Things and connected vehicle technologies
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of the In-Vehicle Payment Services Market: NFC-based, APP-based, QR code-based, Credit Card based
Key Applications/end-users of In-Vehicle Payment Services Market: Parking Management, Drive-through Purchasing, Toll Collection, Others
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With this report, you will learn:
- Who the leading players are in In-Vehicle Payment Services Market?
- What you should look for in an In-Vehicle Payment Services
- What trends are driving the Market
- About the changing market behavior over time with a strategic viewpoint to examine competition
Also included in the study are profiles of 15 In-Vehicle Payment Services vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining the latest product/service offering.
List of players profiled in this report: Alphabet Inc. (United States), Audi AG (Germany), BMW AG (Germany), Daimler AG (Germany), Ford Motor Company, General Motors Company (United States), Honda Motor Co. Ltd. (Japan), Hyundai Motor Corporation (South Korea), IBM Corporation (United States), Mastercard Inc. (United States)
Who should get the most benefit from this report's insights?
- Anyone who are directly or indirectly involved in the value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for In-Vehicle Payment Services
- Marketers and agencies doing their due diligence in selecting In-Vehicle Payment Services for large and enterprise-level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in the current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of the In-Vehicle Payment Services Market
In-Vehicle Payment Services Size (Sales Volume) Comparison by Type (2023-2028)
In-Vehicle Payment Services Size (Consumption) and Market Share Comparison by Application (2023-2028)
In-Vehicle Payment Services Size (Value) Comparison by Region (2023-2028)
In-Vehicle Payment Services Sales, Revenue, and Growth Rate (2023-2028)
In-Vehicle Payment Services Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High-Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of In-Vehicle Payment Services
In-Vehicle Payment Services Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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