Global In-Vehicle Payment Services Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Continuous advances in the connected vehicle technologies and IoT has led to the movement of mobile wallets to the dashboards as OEMs are now partnering with the card networks and various retailers to equip their vehicle offerings with in-vehicle payment technology. This technology enables the driver to pay for certain services and products without even having to get down from the car, which include payment for parking services, fuel, various drive-thru restaurants, and many others. In addition, tech giants such as Amazon and Google are bringing their popular voice assistants in vehicles, which further facilitates the driver to buy products while they are behind the wheels. The In-Vehicle Payment Services market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global In-Vehicle Payment Services market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the In-Vehicle Payment Services Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in In-Vehicle Payment Services market are: Honda Motor + Visa + IPS Group + Gilbarco Veeder-Root Amazon + Ford Motor Volkswagen Jaguar Land Rover + Royal Dutch Shell Hyundai + Google BMW Daimler Alibaba + SAIC GM + MasterCard + IBM Most important types of In-Vehicle Payment Services products covered in this report are: NFC based APP based QR code based Credit Card based Most widely used downstream fields of In-Vehicle Payment Services market covered in this report are: Parking Management Drive-through Purchasing Toll Collection Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.