In-Vehicle Payments: Market Forecasts, Opportunities & Challenges 2021-2026

The new In-vehicle Payments research report provides insightful analysis of the evolution of this new area; assessing the use cases driving growth, their future prospects, and challenges to future market growth.

It provides a comprehensive study of the new partnerships and key trends driving this highly important market for users, payment providers and vehicle manufacturers. The report also positions 16 in-vehicle payment vendors via our the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the vendor landscape in the market.

The report also presents comprehensive market forecasts; delivering extensive insights and overall market sizing for both commercial and consumer vehicles.

This research suite comprises:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 months' access to harvest Online Data Platform

Key Market Statistics

Market Size in 2021:

• $1.5bn

Market Size in 2026:

• $89.3bn

2021 to 2026 Market Growth:

• 5635.3%

Key Features

Market Dynamics: This provides a detailed assessment of how the in-vehicle payments market is evolving, leading use cases and their role in future growth.

Segment Analysis: Future outlook and comprehensive analysis for segments where in‑vehicle payments are being deployed, including the following areas:

• Fuelling/EV Charging
• Smart Parking
• Automated Toll Payments
• Other (Coffee, Fast Food, etc)

The Competitor Leaderboard: Key player capability and capacity assessment for 16 in-vehicle payment vendors:

• Amazon
• Bosch
• CarPay-Diem
• Cerence
• Connected Car Commerce Alliance
• Daimler
• Harman
• Mastercard
• P97 Networks
• Ryd
• Stellantis
• Telenav
• VISA
• Volkswagen Payments SA
• Worldline
• Xevo

Benchmark Industry Forecasts: Forecasts for in-vehicle payments users, transaction volume and value, each segment forecasted separately for commercial and consumer in‑vehicle payments, as well as splits by our 8 key regions and the 25 countries listed below:

• Argentina
• Australia
• Brazil
• Canada
• China
• Colombia
• Denmark
• France
• Germany
• India
• Italy
• Japan
• Mexico
• Netherlands
• Norway
• Poland
• Portugal
• Saudi Arabia
• Singapore
• South Africa
• South Korea
• Spain
• Sweden
• UK
• US

Key Questions Answered

• What are the regional differences in how in-vehicle payments are rolling out across the world?
• What are the key trends and challenges influencing the evolution of the market?
• Who are the leading players for in-vehicle payments in 2021?
• What will be the market size in 2026?
• Which segment will lead the in-vehicle market over the next 5 years?

The In-vehicle Payments forecast suite includes:

Forecast splits by consumer vs commercial, as well as by fuelling/charging, smart parking, automated toll collection and other:

• Total In-vehicle Payments Users
• Total Volume & Value of Payments via In-vehicle Payments

Geographical splits: 25 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.