Precision Business Insights has published a report on the global in vehicle payment services market, estimating its value at USD 6.7 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/in-vehicle-payment-services-market

Market Definition:

Digital payment systems that are directly incorporated into a car's infotainment system are known as "in-vehicle payment services," and they enable drivers to make easy, instantaneous payments without the need for a phone or credit card.

Drivers:

1) Growth of connected and smart vechles.
2) Expansion of ev charging and infrastructure.

The global in vehicle payment services market segmentation:

1) By Offering: Solution, Service.
2) By Payment Mode: Credit/Debit Card, App/E-Wallet, QR Code/RFID, Others.
3) By Vehicle Type: Light Duty Vehicle (LDV), Heavy Duty Vehicle (HDV)
4) By Application: Fuel/Charging Stations, Toll/Parking, Food/ Groceries, Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the in vehicle payment services market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the in vehicle payment services market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Visa | Mastercard | PayPal | Google | Apple | Amazon (Alexa Auto) | Samsung Pay | Stripe | Square | Discover | Bosch | Continental AG | Harman (Samsung) | HERE Technologies | IBM | Siemens | Thales Group | Verifone | Fujitsu | NEC | Denso | Garmin | Qualcomm | BlackBerry QNX | Aptiv | Smartcar | Xevo | Tuxera | Intellias | CarIQ | P97 Networks | PlugSurfing | Parkopedia | ParkMobile | Shell Pay & Drive | BPme | ExxonMobil SpeedPass+ | ChargePoint | EVgo | Blink Charging | Tesla | BMW | Mercedes-Benz (MBC Pay) | Volkswagen Group | General Motors | Ford | Hyundai | Toyota | Stellantis | Renault-Nissan-Mitsubishi

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