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.
In-vehicle Payment 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.
In 2018, the global In-vehicle Payment Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global In-vehicle Payment Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the In-vehicle Payment Services development in United States, Europe and China.
The key players covered in this study
Jaguar Land Rover + Royal Dutch Shell
Honda Motor + Visa + IPS Group + Gilbarco Veeder-Root
GM + MasterCard + IBM
Amazon + Ford Motor
Hyundai + Google
Alibaba + SAIC
Market segment by Type, the product can be split into
QR code based
Credit Card based
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global In-vehicle Payment Services status, future forecast, growth opportunity, key market and key players.
To present the In-vehicle Payment Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of In-vehicle Payment Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.