E-Mobility Digital Wallet Display Global Market Report 2025

The e-mobility digital wallet display market size has grown exponentially in recent years. It will grow from $2.26 billion in 2024 to $2.79 billion in 2025 at a compound annual growth rate (CAGR) of 23.5%. The growth during the historical period can be attributed to the early adoption of digital payment solutions in the transportation sector, the introduction of contactless payment technologies, the increasing use of digital wallets in electric vehicles, the expansion of electric vehicle (EV) charging infrastructure, and the rise of mobile-first consumer behavior driving demand for convenient, cashless transactions.

The e-mobility digital wallet display market size is expected to see exponential growth in the next few years. It will grow to $6.42 billion in 2029 at a compound annual growth rate (CAGR) of 23.2%. The projected growth for the forecast period can be attributed to the increasing adoption of electric vehicles, the rapid proliferation of smart mobility infrastructure, the integration of advanced payment technologies, supportive government initiatives promoting e-mobility, and the rising demand for contactless and cashless transactions. Major trends expected during this period include the integration of digital wallets within EVs for seamless payment experiences, the widespread adoption of contactless payment technologies such as NFC and QR codes, enhanced transaction security through biometrics and tokenization, the expansion of cross-border payment capabilities, and deeper integration with smart mobility ecosystems to create more connected and efficient transportation networks.

The growing adoption of contactless payment solutions is expected to drive the growth of the e-mobility digital wallet display market going forward. Contactless payment refers to a transaction method that enables users to make payments quickly and securely by tapping or waving a card, smartphone, or wearable device near a payment terminal eliminating the need for physical contact or cash handling. The increasing use of contactless payments stems from their ability to provide fast, secure, and convenient transactions while minimizing fraud risks and enhancing user experience. E-mobility digital wallet displays integrate payment interfaces within vehicles or charging stations, allowing drivers and passengers to complete transactions seamlessly whether for charging, parking, or tolls directly through the vehicle’s interface. For instance, in January 2024, according to the European Central Bank, a Germany-based central bank for EU countries, the number of contactless card payments in the first half of 2023 increased by 24.3% from 20.9 billion in the first half of 2022, with the total transaction value rising by 25.9% to $545.27 billion. Therefore, the rising adoption of contactless payment solutions is fueling the growth of the e-mobility digital wallet display market.

Key companies in the e-mobility digital wallet display market are increasingly forming strategic partnerships to accelerate the adoption of seamless, contactless payment ecosystems within vehicles and charging infrastructure. Strategic partnerships enable companies to combine expertise, technology, and market access to develop integrated and user-centric payment experiences. For example, in October 2024, Kia Corporation, a South Korea-based automobile manufacturer, partnered with Parkopedia, a UK-based connected car services provider, to launch CarPay, an in-car payment service debuting with the Kia EV3 model. CarPay allows drivers in 19 European countries to locate and pay for over 1.7 million on- and off-street parking spaces directly through the vehicle’s navigation display using securely stored payment credentials. The system eliminates the need for separate mobile apps or physical payment terminals, offering electric vehicle (EV) drivers greater convenience and reducing the risk of parking violations. Kia plans to expand CarPay to future models and integrate additional payment categories such as EV charging and fuel purchases, further enhancing the in-car digital payment ecosystem.

In March 2025, Powerhive, an Africa-based provider of decentralized energy, digital infrastructure, and electric mobility, partnered with Telcoin, a Singapore-based blockchain-powered digital wallet company, to democratize electric mobility financing. This collaboration aims to improve accessibility, transparency, and operational efficiency in EV financing by leveraging blockchain-based digital payments. The partnership supports rider ownership models and enables real-time investor participation, contributing to the broader goal of making electric mobility more inclusive and financially sustainable across developing regions.

Major players in the e-mobility digital wallet display market are Amazon.com Inc., Apple Inc., Volkswagen AG, Google LLC, Toyota Motor Corporation, Stellantis N.V., Samsung Electronics Co. Ltd., Ford Motor Company, Hyundai Motor Company, Huawei Technologies Co. Ltd., BYD Company Limited, American Express Company, Denso Corporation, Visa Incorporated, PayPal Holdings Incorporated, Mercedes-Benz Group AG, Mastercard Incorporated, Thales Group, Infineon Technologies AG, NXP Semiconductors N.V., Fidelity National Information Services Incorporated, and IDEMIA Group.

Europe was the largest region in the e-mobility digital wallet display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in e-mobility digital wallet display report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

The e-mobility digital wallet display market research report is one of a series of new reports that provides e-mobility digital wallet display market statistics, including e-mobility digital wallet display industry global market size, regional shares, competitors with an e-mobility digital wallet display market share, detailed e-mobility digital wallet display market segments, market trends and opportunities, and any further data you may need to thrive in the e-mobility digital wallet display industry. The e-mobility digital wallet display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

E-mobility digital wallet display is a technology designed to facilitate seamless digital payment transactions through interactive display interfaces integrated into electric mobility systems. It combines payment processing with real-time visual feedback, enhancing user convenience, transaction security, and operational efficiency. By merging digital wallet functionality with intuitive visual interaction, it enables secure, instantaneous, and cashless payments, simplifying the overall payment experience.

The key components of e-mobility digital wallet displays include hardware, software, and services. Hardware encompasses the physical devices that support digital payment transactions within vehicles or at charging stations, offering multiple payment options such as contactless, QR code, near field communication (NFC), and others. These systems can be deployed through on-premises or cloud-based models. Key applications include electric vehicles, public transportation, charging stations, and fleet management. The technology serves a diverse range of end-users, including individual consumers, commercial fleets, and public transit operators.

The countries covered in the e-mobility digital wallet display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The e-mobility digital wallet display market consists of revenues earned by entities by providing services such as digital payment processing, user account management, transaction security, software updates, and customer support. The market value includes the value of related goods sold by the service provider or included within the service offering. The e-mobility digital wallet display market also includes sales of digital wallet-enabled displays, embedded payment terminals, vehicle infotainment integration devices, and IoT connectivity modules. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.