The Global Automotive In-Vehicle Payment Market size was valued at USD 4.33 Billion in 2023 and the total Automotive In-Vehicle payment Market revenue is expected to grow at a CAGR of 16% from 2024 to 2030, reaching nearly USD 12.39 Billion. Automotive In-vehicle Payment System enables customers to pay for goods and services for the vehicles itself. These technology offers a safe and practical way to make payments by doings away with the requirement for actual cash or credit cards. It is generally connected with wallets or payment apps, in-vehicle payment system allows users to easily authorize and finish the purchase via the infotainment system of their car. Automotive industry has been recognized as a ground-breaking innovation. Many automotive companies have adopted payment service providers. The aim of automobile industry is to generate forward-thinking mobility options through linked cars, which offers instant customer value. The generation of services, which rely on connectivity features and are made possibly by different kinds of mobile payment, creates value. According, to thinking perspective, mobile payment solutions are essential to the connected car’s success because they encourage the satisfaction of consumer’s needs across the entire process. Consequently, mobile payment opens the door for automakers to adopt consumer centricity. Therefore, automotive In-vehicle payment market is expected to show immense growth in near future. As far as the advantages of mobile payment in vehicles it is equally important to identify the challenges of mobile payment. The market get hinder because of connectivity and information flow, as majority expansions stem from challenges with connectivity or inadequate information. It’s remarkable that, in the context of industry, digitalization is the cause of errors for both of these sources.To know about the Research Methodology :- Request Free Sample Report
Global Automotive In-Vehicle Payment Market Dynamics:
Growing demand of contactless payments Government has imposed lockdown guidelines during COVID-19 which boost the demand of online payment, in recent time people are adopting online payment over cash payment, which is expected to spike the growth of automotive in-vehicle payment market. As per MMR’s analysis in FY 2022-23 around 9,192 crore digital payment transactions have recorded in India. Automotive industries are adopting in-vehicle payment system for more efficiency and streamline transaction at fuel pump. Thus, the demand for contactless payments by the people is expected to show growth in automotive in-vehicle payment market. The cutting-edge development in automobile industry, in the near future is contributing to the automotive in-vehicle payment market. Numerous automobile companies are adopting the in-vehicle payment system such as Mercedes-Benz, Car IQ, BMW AG by collaborating with the online payment companies such as Mastercard, Visa. Such collaboration is augmenting the growth of automotive in-vehicle market in 2023 and is expected to continue during the forecast period. In addition, automobile industry’s ability to linked the car and mobile payment solutions is made possible by Internet of Things (IoT). More specifically, the Internet of Things (IoT) makes it easier to connect and integrate real world items like cars and currency with the digital realm.Data security concerns Technology comes with pros and cons, so it is necessary to identify the threats that cone with mobile payment applications. Transaction between customers and merchants are controlled and handled by single financial institute. Thus, the centralized financial institute or a third party is required for the entire transactions. Complete transaction depends on the financial institute if the third party not able to maintain proper security measures the data get leaked, these security concerns hinder the growth of global automotive in-vehicle payment market. The biggest threat for both consumer and service provider is the possibility of system hacks and gaining access to private and sensitive data. These very concerns are among the main causes of the publics and consumer’s reluctance to grant manufacturers access to car information and telematics data. The system breaches and data hacking prevented by constructing robust firewalls and protection measures, but the additional costs associated with these technologies make the whole system costly. The high-cost security technologiesact as restraints in emerging and underdeveloped countries. Thus, the security concerns and high-cost systems to prevent fraud hinder the global automotive in-vehicle payment market in emerging countries, which a constraint for the market during the forecast period.
Global Automotive In-Vehicle Payment Market Trends:
In this dynamic environment the emergence of digital payment solutions and consumer increasing need for convenience and efficiency are two of the caused driving the automotive in-vehicle payment market. The major players in the market are developing the applications of various different type for the autonomous payment for vehicles. Such as payment gateway, which enables the vehicles the autonomously connect to the bank payment network. In addition, vehicle payment solutions applied to small business to get higher growth in the market, which is expected to make the market grow in the forecast period. The companies are investing and collaborating in small business to get the expansion in the region. The solutions primarily benefit it allows the business owners to take payments form clients right away, eliminating the need to wait for an invoice to be settled. In addition, the Internet of Things (IoT) usage, 5G connection, more auto digitization is anticipated to boost the demand of automotive in-vehicle market in near future. Moreover, growing usage of in-car services along with heightened awareness of their availability in developing and undeveloped nations are anticipated to fuel market growth throughout period.Automotive In-Vehicle Payment Segment Analysis:
Based on Application, the Fuel/EV Charging Stations segment led the highest market share of USD 32.97 Billion in 2023, and is expected to continue it in near future. The increasing adoption of automotive and electric vehicles are contributing to the growth of Fuel/EV charging segment. Majority population are adopting online payment for every purpose and high adoption of personalized vehicles is increasing the growth of fuel/EV charging station. In addition, high payments processed at fuel and electric vehicle charging stations are the reason for the surge in demand. As per the MMR’s analysis, 47.2% of daily commuters were observed utilizing connection applications at a gas stations. EV infrastructure continues to expand and automakers continue to release more and more EVs, these factors are projected to propel the demand of fuel/EV charging stations throughout the forecast period. Food & Coffee segment is expected to be the fastest growing segment during the forecast period in the Automotive In-Vehicle Payment Market. Food and coffee are sold for a higher price than any other item in the past and are consumed widely, particularly, while transit to and from offices or workplaces, it is expected that they will continue to have a dominant market share in near future. Lack of time for in-car payment systems is predicted to increase in order to reduce the amount of time customers must wait while purchasing food. The use of in-vehicle payment services is becoming more and more common in emerging countries and the payment option is quite convenient because it saves time.Automotive In-Vehicle Payment Regional Insights:
North America is dominating the automotive in-vehicle payment market USD 0.52 billion in 2023 and is projected to continue its growth during the forecast period. The emerging technologies in North America is likely to surge in demand of automotive in-vehicle payment market in the region. The existence prominent market players in the region such as Visa, Mastercard, Amazon Web Services, PayPal Holding Inc coupled with the automotive like Ford Motor Company, General Motors Company, IBM Corporation and Honda are developing in-vehicle payment systems, which are propelling the growth of automotive in-vehicle payment market in the region and is anticipated to continue the growth throughout the forecast period. Asia-Pacific is anticipated to be the fastest growing region during the forecast period. Growing numbers of connected vehicles in Asia-Pacific key countries such as India, China, Japan and others are expected to contribute the growth of the market in the region. In addition, the heavy traffic in the region and public growing preference for contactless payment methods are probably going to boost the adoption of in-car payment services. Asia-Pacific is a developing region in-car payment services are still in the introduction stage. The linked cars are becoming more and more common and infrastructure and connectivity are developing.Key Developments:
1. January 2023, Car IQ partners with BlackBerry IVY for CES: showcases with new vehicle wallet that let drivers pay right from their dash. Drivers pay for gas, tolls, parking, EV charging, without use of credit cards. 2. December 2023, Car IQ and Fluid Truck have joined forces to make it easier to fluid truck vehicle drivers to find gas stations and pay for fuel without the hassle and a fleet card program. The collaboration has reduced the operational costs and maximize the utilization of fleet vehicles. 3. 2022, Car IQ announced partnership with EverWash to bring autonomous payment to car washes. EverWash and Car IQ provide transparency to fleet managers withy real-time data on who is washing cars, which helps to eliminate fraud, centralize billing, and provide and unprecedented frictionless consumer experience for drivers who now do not need to use a credit card to buy a car wash. 4. September 2023, Mercedes-Benz collaborated with Mastercard to introduce native in-car payment at pump The native in-car payment service via Mercedes pays+ is expected to turn the car into a form of payment device and used to make payments at service stations using the fingerprint sensor integrated into the MBUX infotainment system. This system is live with Mastercard debit and credit cards in current Mercedes-Benz models. 5. July 2023, Car IQ collaborated with Visa Inc., to enables vehicles to transact with visa’s global ecosystem of merchants and banks and purchase fuel, tolls, parking, insurance, service and repairs using the Car IQ Pay Vehicle wallet.Automotive In-Vehicle Payment Market Scope: Inquiry Before Buying
Automotive In-Vehicle Payment Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 4.33 Bn. Forecast Period 2024 to 2030 CAGR: 16% Market Size in 2030: US $ 12.39 Bn. Segments Covered: by Component Type ECU Code Scanner Camera by Application Fuel/EV Charging Stations Parking Spaces Toll Booths Food & Coffee by Vehicle Type Passenger Vehicle Commercial Vehicle by Technology Long Range Radio Frequency Identification Bluetooth Low Energy by Payment Mode RFID, QR Code e-wallet Credit or Debit Card Automotive In-Vehicle Payment Market by Region:
North America (United States, Canada, and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A) South America (Brazil, Argentina Rest of South America)Automotive In-Vehicle Payment Market Competitive Landscape:
North America 1. Visa Inc (U.S) 2. Mastercard Incorporated (U.S.) 3. PayPal Holdings Inc (U.S) 4. Apple Inc (U.S) 5. Alphabet (U.S) 6. General Motors Company (U.S) 7. Ford Motor Company (U.S) 8. BMW AG (U.S) 9. Telenav Inc (U.S) 10. Xevo Inc (U.S) 11. Gentex Corporation (U.S) 12. Cerence Inc (U.S) 13. Car IQ (U.S) 14. IBM Corporation (U.S) 15. Amazon Web service (U.S) 16. Harman International Industries, Inc (U.S) Europe 1. Daimler AG (Germany) 2. Jaguar Land Rover Automotive PLC (UK) 3. Volkswagen AG (Germany) 4. ZF Friedrichshafen (Germany) 5. ThinxNet GmbH (Germany) 6. Volvo (Sweden) Asia-Pacific 1. Samsung Electronics Co., Ltd (South Korea) 2. Honda Motor Co., Ltd (Japan) 3. CarPay Diem (India) 4. Hyundai Motor Group (South Korea)FAQs
1. What are the growth drivers for the Automotive In-Vehicle Payment Market? Ans. The increasing demand for contactless payments and emerging technologies in automotive industries is expected to be the major driver for the Automotive In-Vehicle Payment market. 2. What is the major restraint for the Automotive In-Vehicle Payment Market growth? Ans. Security concerns related to data leak are expected to be the major restraining factor for the Automotive In-Vehicle Payment market growth. 3. Which region is expected to lead the global Automotive In-Vehicle Payment Market during the forecast period? Ans. North America is expected to lead the global Automotive In-Vehicle Payment market during the forecast period. 4. What is the projected market size & growth rate of the Automotive In-Vehicle Payment Market? Ans. The Global Automotive In-Vehicle Payment Market size was valued at USD 4.33 Billion in 2023 and the total Automotive In-Vehicle Payment revenue is expected to grow at a CAGR of 16% from 2024 to 2030, reaching nearly USD 12.39 Billion. 5. What segments are covered in the Automotive In-Vehicle Payment Market report? Ans. The segments covered in the Automotive In-Vehicle Payment market report are Component Type, Application, Technology, Vehicle Type, Payment Mode and Region.
1. Automotive In-Vehicle Payment Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Automotive In-Vehicle Payment Market: Dynamics 2.1. Automotive In-Vehicle Payment Market Trends by Region 2.1.1. North America Automotive In-Vehicle Payment Market Trends 2.1.2. Europe Automotive In-Vehicle Payment Market Trends 2.1.3. Asia Pacific Automotive In-Vehicle Payment Market Trends 2.1.4. Middle East and Africa Automotive In-Vehicle Payment Market Trends 2.1.5. South America Automotive In-Vehicle Payment Market Trends 2.2. Automotive In-Vehicle Payment Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Automotive In-Vehicle Payment Market Drivers 2.2.1.2. North America Automotive In-Vehicle Payment Market Restraints 2.2.1.3. North America Automotive In-Vehicle Payment Market Opportunities 2.2.1.4. North America Automotive In-Vehicle Payment Market Challenges 2.2.2. Europe 2.2.2.1. Europe Automotive In-Vehicle Payment Market Drivers 2.2.2.2. Europe Automotive In-Vehicle Payment Market Restraints 2.2.2.3. Europe Automotive In-Vehicle Payment Market Opportunities 2.2.2.4. Europe Automotive In-Vehicle Payment Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Automotive In-Vehicle Payment Market Drivers 2.2.3.2. Asia Pacific Automotive In-Vehicle Payment Market Restraints 2.2.3.3. Asia Pacific Automotive In-Vehicle Payment Market Opportunities 2.2.3.4. Asia Pacific Automotive In-Vehicle Payment Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Automotive In-Vehicle Payment Market Drivers 2.2.4.2. Middle East and Africa Automotive In-Vehicle Payment Market Restraints 2.2.4.3. Middle East and Africa Automotive In-Vehicle Payment Market Opportunities 2.2.4.4. Middle East and Africa Automotive In-Vehicle Payment Market Challenges 2.2.5. South America 2.2.5.1. South America Automotive In-Vehicle Payment Market Drivers 2.2.5.2. South America Automotive In-Vehicle Payment Market Restraints 2.2.5.3. South America Automotive In-Vehicle Payment Market Opportunities 2.2.5.4. South America Automotive In-Vehicle Payment Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Regulatory Landscape by Region 2.5.1. North America 2.5.2. Europe 2.5.3. Asia Pacific 2.5.4. Middle East and Africa 2.5.5. South America 2.6. Key Opinion Leader Analysis for Automotive In-Vehicle Payment Technology 2.7. Analysis of Government Schemes and Initiatives for Automotive In-Vehicle Payment Technology 3. Automotive In-Vehicle Payment Market: Global Market Size and Forecast by Segmentation (by Value) (2024-2030) 3.1. Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 3.1.1. ECU 3.1.2. Code Scanner 3.1.3. Camera 3.2. Automotive In-Vehicle Payment Market Size and Forecast, by Application (2024-2030) 3.2.1. Fuel/EV Charging Stations 3.2.2. Parking Spaces 3.2.3. Toll Booths 3.2.4. Food & Coffee 3.3. Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 3.3.1. Passenger Vehicle 3.3.2. Commercial Vehicle 3.4. Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 3.4.1. Long Range Radio Frequency Identification 3.4.2. Bluetooth 3.4.3. Low Energy 3.5. Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 3.5.1. RFID 3.5.2. QR Codes 3.5.3. E-Wallet 3.5.4. Credit or Debit Card 3.6. Automotive In-Vehicle Payment Market Size and Forecast, by Region (2024-2030) 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 4. North America Automotive In-Vehicle Payment Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030) 4.1. North America Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 4.1.1. ECU 4.1.2. Code Scanner 4.1.3. Camera 4.2. North America Automotive In-Vehicle Payment Market Size and Forecast, by Application (2024-2030) 4.2.1. Fuel/EV Charging Stations 4.2.2. Parking Spaces 4.2.3. Toll Booths 4.2.4. Food & Coffee 4.3. North America Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 4.3.1. Passenger Vehicle 4.3.2. Commercial Vehicle 4.4. North America Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 4.4.1. Long Range Radio Frequency Identification 4.4.2. Bluetooth 4.4.3. Low Energy 4.5. North America Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 4.5.1. RFID 4.5.2. QR Code 4.5.3. E-Wallet 4.5.4. Credit or Debit Card 4.6. North America Automotive In-Vehicle Payment Market Size and Forecast, by Country (2024-2030) 4.6.1. United States 4.6.1.1. United States Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 4.6.1.1.1. ECU 4.6.1.1.2. Code Scanner s 4.6.1.1.3. Camera 4.6.1.2. United States Automotive In-Vehicle Payment Market Size and Forecast, by Application (2024-2030) 4.6.1.2.1. Fuel/EV Charging Stations 4.6.1.2.2. Parking Spaces 4.6.1.2.3. Toll Booths 4.6.1.2.4. Food & Coffee 4.6.1.3. United States Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 4.6.1.3.1. Passenger Vehicle 4.6.1.3.2. Commercial Vehicle 4.6.1.4. United States Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 4.6.1.4.1. RFID 4.6.1.4.2. QR Code 4.6.1.4.3. E-Wallet 4.6.1.4.4. Credit or Debit Card 4.6.1.5. United States Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 4.6.1.5.1. Long Range Radio Frequency Identification 4.6.1.5.2. Bluetooth 4.6.1.5.3. Low Energy 4.6.2. Canada 4.6.2.1. Canada Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 4.6.2.1.1. ECU 4.6.2.1.2. Code Scanner 4.6.2.1.3. Camera 4.6.2.2. Canada Automotive In-Vehicle Payment Market Size and Forecast, by Application (2024-2030) 4.6.2.2.1. Fuel/EV Charging Stations 4.6.2.2.2. Parking Spaces 4.6.2.2.3. Toll Booths 4.6.2.2.4. Food & Coffee 4.6.2.3. Canada Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 4.6.2.3.1. Passenger Vehicle 4.6.2.3.2. Commercial Vehicle 4.6.2.4. Canada Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 4.6.2.4.1. RFID 4.6.2.4.2. QR Code 4.6.2.4.3. E-Wallet 4.6.2.4.4. Credit or Debit Card 4.6.2.5. Canada Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 4.6.2.5.1. Long Range Radio Frequency Identification 4.6.2.5.2. Bluetooth 4.6.2.5.3. Low Energy 4.6.3. Mexico 4.6.3.1. Mexico Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 4.6.3.1.1. ECU 4.6.3.1.2. Code Scanner 4.6.3.1.3. Camera 4.6.3.2. Mexico Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 4.6.3.2.1. Fuel/EV Charging Stations 4.6.3.2.2. Parking Spaces 4.6.3.2.3. Toll Booths 4.6.3.2.4. Food & Coffee 4.6.3.3. Mexico Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 4.6.3.3.1. Passenger Vehicle 4.6.3.3.2. Commercial Vehicle 4.6.3.4. Mexico Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 4.6.3.4.1. RFID 4.6.3.4.2. QR Code 4.6.3.4.3. E-Wallet 4.6.3.4.4. Credit or Debit Card 4.6.3.5. Mexico Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 4.6.3.5.1. Long Range Radio Frequency Identification 4.6.3.5.2. Bluetooth 4.6.3.5.3. Low Energy 5. Europe Automotive In-Vehicle Payment Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030) 5.1. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.2. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.3. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.4. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.5. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6. Europe Automotive In-Vehicle Payment Market Size and Forecast, by Country (2024-2030) 5.6.1. United Kingdom 5.6.1.1. United Kingdom Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.1.2. United Kingdom Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.1.3. United Kingdom Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.1.4. United Kingdom Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 5.6.1.5. United Kingdom Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.2. France 5.6.2.1. France Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.2.2. France Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.2.3. France Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.2.4. France Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.2.5. France Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.3. Germany 5.6.3.1. Germany Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.3.2. Germany Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.3.3. Germany Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.3.4. Germany Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.3.5. Germany Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.4. Italy 5.6.4.1. Italy Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.4.2. Italy Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.4.3. Italy Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.4.4. Italy Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.4.5. Italy Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.5. Spain 5.6.5.1. Spain Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.5.2. Spain Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.5.3. Spain Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.5.4. Spain Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.5.5. Spain Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.6. Sweden 5.6.6.1. Sweden Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.6.2. Sweden Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.6.3. Sweden Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.6.4. Sweden Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.6.5. Sweden Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.7. Austria 5.6.7.1. Austria Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.7.2. Austria Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.7.3. Austria Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.7.4. Austria Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.7.5. Austria Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 5.6.8. Rest of Europe 5.6.8.1. Rest of Europe Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 5.6.8.2. Rest of Europe Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 5.6.8.3. Rest of Europe Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 5.6.8.4. Rest of Europe Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 5.6.8.5. Rest of Europe Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030) 6.1. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.2. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.3. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.4. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.5. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6. Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Country (2024-2030) 6.6.1. China 6.6.1.1. China Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.1.2. China Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.1.3. China Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.1.4. China Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.1.5. China Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.2. S Korea 6.6.2.1. S Korea Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.2.2. S Korea Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.2.3. S Korea Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.2.4. S Korea Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.2.5. S Korea Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.3. Japan 6.6.3.1. Japan Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.3.2. Japan Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.3.3. Japan Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.3.4. Japan Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.3.5. Japan Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.4. India 6.6.4.1. India Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.4.2. India Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.4.3. India Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.4.4. India Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.4.5. India Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.5. Australia 6.6.5.1. Australia Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.5.2. Australia Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.5.3. Australia Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.5.4. Australia Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.5.5. Australia Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.6. Indonesia 6.6.6.1. Indonesia Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.6.2. Indonesia Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.6.3. Indonesia Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.6.4. Indonesia Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.6.5. Indonesia Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.7. Malaysia 6.6.7.1. Malaysia Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.7.2. Malaysia Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.7.3. Malaysia Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.7.4. Malaysia Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.7.5. Malaysia Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.8. Vietnam 6.6.8.1. Vietnam Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.8.2. Vietnam Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.8.3. Vietnam Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.8.4. Vietnam Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.8.5. Vietnam Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.9. Taiwan 6.6.9.1. Taiwan Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.9.2. Taiwan Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.9.3. Taiwan Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.9.4. Taiwan Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.9.5. Taiwan Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 6.6.10. Rest of Asia Pacific 6.6.10.1. Rest of Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 6.6.10.2. Rest of Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 6.6.10.3. Rest of Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 6.6.10.4. Rest of Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 6.6.10.5. Rest of Asia Pacific Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 7. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030) 7.1. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 7.2. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 7.3. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 7.4. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 7.5. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 7.6. Middle East and Africa Automotive In-Vehicle Payment Market Size and Forecast, by Country (2024-2030) 7.6.1. South Africa 7.6.1.1. South Africa Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 7.6.1.2. South Africa Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 7.6.1.3. South Africa Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 7.6.1.4. South Africa Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 7.6.1.5. South Africa Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 7.6.2. GCC 7.6.2.1. GCC Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 7.6.2.2. GCC Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 7.6.2.3. GCC Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 7.6.2.4. GCC Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 7.6.2.5. GCC Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 7.6.3. Nigeria 7.6.3.1. Nigeria Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 7.6.3.2. Nigeria Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 7.6.3.3. Nigeria Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 7.6.3.4. Nigeria Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 7.6.3.5. Nigeria Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 7.6.4. Rest of ME&A 7.6.4.1. Rest of ME&A Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 7.6.4.2. Rest of ME&A Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 7.6.4.3. Rest of ME&A Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 7.6.4.4. Rest of ME&A Automotive In-Vehicle Payment Market Size and Forecast by Payment Mode (2024-2030) 7.6.4.5. Rest of ME&A Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 8. South America Automotive In-Vehicle Payment Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030) 8.1. South America Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 8.2. South America Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 8.3. South America Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 8.4. South America Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 8.5. South America Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 8.6. South America Automotive In-Vehicle Payment Market Size and Forecast, by Country (2024-2030) 8.6.1. Brazil 8.6.1.1. Brazil Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 8.6.1.2. Brazil Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 8.6.1.3. Brazil Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 8.6.1.4. Brazil Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 8.6.1.5. Brazil Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 8.6.2. Argentina 8.6.2.1. Argentina Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 8.6.2.2. Argentina Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 8.6.2.3. Argentina Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 8.6.2.4. Argentina Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 8.6.2.5. Argentina Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 8.6.3. Rest Of South America 8.6.3.1. Rest Of South America Automotive In-Vehicle Payment Market Size and Forecast, by Component Type (2024-2030) 8.6.3.2. Rest Of South America Automotive In-Vehicle Payment Market Size and Forecast, by Type (2024-2030) 8.6.3.3. Rest Of South America Automotive In-Vehicle Payment Market Size and Forecast, by Vehicle Type (2024-2030) 8.6.3.4. Rest of South America Automotive In-Vehicle Payment Market Size and Forecast, by Payment Mode (2024-2030) 8.6.3.5. Rest Of South America Automotive In-Vehicle Payment Market Size and Forecast, by Technology (2024-2030) 9. Global Automotive In-Vehicle Payment Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Product Segment 9.3.3. End-User Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Automotive In-Vehicle Payment Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1.1. Mastercard Incorporated 10.1.2. Company Overview 10.1.3. Business Portfolio 10.1.4. Financial Overview 10.1.5. SWOT Analysis 10.1.6. Strategic Analysis 10.1.7. Recent Developments 10.2. Visa Inc 10.3. Mastercard Incorporated 10.4. PayPal Holdings Inc 10.5. Samsung Electronics Co., Ltd 10.6. Apple Inc 10.7. Alphabet 10.8. General Motors Company 10.9. Ford Motor Company 10.10. BMW AG 10.11. Daimler AG 10.12. Honda Motor Co., Ltd 10.13. jaguar Land Rover Automotive PLC 10.14. Volkswagen AG 10.15. IBM Corporation 10.16. Hyundai Motor Group 10.17. ZF Friedrichshafen 10.18. Amazon Web service 10.19. ThinxNet GmbH 10.20. Telenav Inc 10.21. Xevo Inc 10.22. Gentex Corporation 10.23. CarPay Diem Cerence Inc 56 11. Key Findings 12. Industry Recommendations 13. Automotive In-Vehicle Payment Market: Research Methodology 14. Terms and Glossary