NEW YORK, Oct. 20, 2021 /PRNewswire/ -- The "In-vehicle Payment Services Market by Type (RFID and Bluetooth) and Geography (Europe, North America, APAC, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the in-vehicle payment services market between 2021 and 2025 is USD 2.31 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

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.

To learn about additional key drivers, trends, and challenges available with Technavio. Take a look at our FREE Sample Report right now!

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
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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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

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SOURCE Technavio