Key Market Dynamics:
- Market Driver
- Market Challenges
The high correlation between consumer electronics and connected car solutions and rising demand for smartphone integration are some of the key market drivers. However, factors such as design complexity and technological challenges will challenge market growth.
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Europe will be the leading region with 36% of the market's growth during the forecast period. Germany, UK, and France are the key markets for in-vehicle payment services in Europe.
View our sample report for accurate prediction of the contribution of all the segments, and regional opportunities in store.
Some Companies Mentioned
- BMW AG
- Ford Motor Co.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- Volkswagen AG
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In-vehicle Payment Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of almost 89.94% |
Market growth 2021-2025 |
USD 2.31 billion |
Market structure |
Fragmented |
YoY growth (%) |
176.65 |
Regional analysis |
Europe, North America, APAC, South America, and MEA |
Performing market contribution |
Europe at 36% |
Key consumer countries |
US, Germany, UK, China, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BMW AG, Daimler AG, Ford Motor Co., General Motors Co., Gentex Corp., Honda Motor Co. Ltd., Hyundai Motor Co., JAGUAR LAND ROVER AUTOMOTIVE PLC, Volkswagen AG, and ZF Friedrichshafen AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
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