북미 및 유럽의 승용차용 차량 내 결제 시장(2024-2031년)

Disruptive Technologies like IoT, AI, 5G, and Connected Solutions, along with Cross-industry Collaborations, are Driving Transformational Growth by Aligning with Evolving Mobility Trends

In-vehicle payments (IVPs) for passenger vehicles are shifting into a new era, transforming the driving experience by enabling financial transactions from the driver's seat.

This Frost & Sullivan report examines how automakers, platform providers, and payment service enablers are reshaping the driving experience, offering seamless, secure, and personalized payment journeys for vehicle occupants.

With a growing emphasis on monetizing vehicle data, IVP solutions are expanding beyond traditional use cases, like refueling, electric vehicle charging, and parking, to include toll payments, in-car subscriptions, eCommerce purchases, vehicle maintenance, insurance, food orders, and other vehicle-to-everything (V2X) payments.

With vehicle components becoming increasingly digitized, this report explores key industry trends, the rise of super apps, advancements in secure payments, in-car entertainment innovations, and the application of AI-driven services for enhanced customer engagement. Drawing on conversations with leading original equipment manufacturers (OEMs), Tier I suppliers, fintech innovators, technology providers, and regulators, the study offers a comprehensive analysis of market dynamics and growth opportunities. It delivers detailed forecasts on revenue potential, technology adoption, and regional trends, with a sharp focus on North America and Europe. Frost & Sullivan also maps out the key opportunities ahead, providing actionable insights for market players and stakeholders looking to navigate this rapidly evolving landscape. The base year for this report is 2024, and the forecast period is from 2025 to 2031.

Scope of Analysis

• In-vehicle payments market has evolved from basic toll and parking systems to sophisticated automotive digital wallet market solutions, leveraging early vehicle telematics and connected interfaces.
• Enhanced in-car connectivity and infotainment systems have expanded the in-vehicle payments market functionalities to include fueling, EV charging, drive-thru orders, and subscription services, reflecting trends in the automotive digital wallet market.
• Adoption of vehicle-to-everything (V2X) payments market solutions has been gradual due to fragmented ecosystems, data security concerns, and varying regional regulations, but improved UX and partnerships are driving wider adoption.
• Growing trends like EV adoption, smart city initiatives, and the shift toward software-defined vehicles create new opportunities in the AI-driven in-car payment solutions market for seamless, integrated payment ecosystems.
• The study explores global in-vehicle payments market trends, the total addressable market (TAM) and serviceable addressable market (SAM) for some applications, focusing on growth opportunities for OEMs, Tier I suppliers, and payment providers in different regions, particularly in the automotive digital wallet market.

Questions This Study Will Answer

• What is IVP in the context of the in-vehicle payments market? What is IVP's distribution channel structure?
• What are the primary drivers and restraints for the automotive digital wallet market?
• How will the vehicle-to-everything (V2X) payments market grow? What is the adoption trend among regions? Who are the key players?
• How do AI-driven in-car payment solutions market sizes differ across various regions?
• What are the growth avenues for the IVP market globally until 2031? How will they help important stakeholders in the IVP industry?

Key Competitors

• OEMs/Tier I
  • SiriusXM
  • Harman
  • AT&T
  • JLR
  • Hyundai
  • Ford
  • Volkswagen
  • GM
  • BMW
  • Mercedes
  • Connected Vehicles OEMs
  • Technology Providers
  • Sheeva.AI
  • P97
  • IPS Group
  • AWS
  • Sonic
  • Parkopedia
  • bPme
  • IBM Watson
  • Gentex
  • Sheeva.AI
  • Verra Mobility
• Payment Providers
  • PayPal
  • Fiverr
  • Square
  • Authorize.net
  • WorldPay
  • Bank of America
  • First Data
  • Stripe
  • Ayden
  • VISA
  • Mastercard
  • UnionPay
  • American Express
• Service Providers
  • Shell
  • Gilbarco-Veeder Root
  • ExxonMobil
  • BP
  • IPS Group
  • ParkWhiz
  • ParkNow
  • EasyPark
  • SpotHero
  • Starbucks
  • Domino's
  • Applebee's
  • Pizzutelli
  • McDonald's

The Impact of the Top 3 Strategic Imperatives on the IVP Industry

Disruptive Technologies

• WHY
• The in-vehicle payments market is fundamentally driven by advancements in technologies like IoT, 5G connectivity, AI, and geolocation-based payment systems.
• These innovations enable seamless transactions, integration of payment ecosystems, and enhanced consumer experiences within the automotive digital wallet market.
• FROST PERSPECTIVE
• As automakers evolve into mobility service providers, disruptive technologies like blockchain for secure transactions, biometrics for secure access, and AR/VR for enhanced user interfaces will further shape the vehicle-to-everything (V2X) payments market.
• Players must focus on R&D and cross-industry collaborations to stay competitive in the AI-driven in-car payment solutions market.

Transformative Megatrends

• WHY
• The intersection of automotive, fintech, retail, and technology industries has created an ecosystem for in-vehicle commerce and the growth of the in-vehicle payments market.
• Automakers partnering with payment platforms, fuel stations, EV networks, and other service ecosystems exemplify this trend, driving the automotive digital wallet market forward.
• FROST PERSPECTIVE
• Convergence will intensify, with deeper partnerships spanning multiple domains such as fuel, parking, EV charging, toll payments, car wash, insurance, entertainment, and smart city services impacting the vehicle-to-everything (V2X) payments market.
• Companies that can successfully integrate diverse services into a unified in-vehicle experience will dominate this space, particularly in AI-driven in-car payment solutions.

Industry Convergence

• WHY
• Growing urbanization and smart city initiatives demand seamless in-vehicle payments systems for parking, tolls, and public transport integration within the automotive digital wallet market.
• The electrification trend is driving the need for in-car payments tailored to EV charging, dynamic pricing, and renewable energy solutions, enhancing the vehicle-to-everything (V2X) payments market.
• The shift to automated and shared vehicles emphasizes automated, subscription-based, and ride-specific payment solutions, redefining mobility ecosystems through AI-driven in-car payment solutions.
• FROST PERSPECTIVE
• OEMs and technology providers will focus on integrating payment platforms with urban planning, EV ecosystems, and shared mobility services, enhancing the in-vehicle payments market.
• Predictive analytics and AI will enhance user experiences by offering personalized recommendations and pre-emptive payment options within the automotive digital wallet market.
• Global collaboration between governments, urban planners, and private companies will drive innovation and standardization in connected payment systems, critical for the vehicle-to-everything (V2X) payments market.

Growth Drivers

• Increasing Vehicle Connectivity
• Increasing Cybersecurity Measures
• Expanding Smart Infrastructure
• Demand for Convenience and Seamless User Experience in the automotive digital wallet market
• Partnerships with Technology and Financial Players driving the in-vehicle payments market

Growth Restraints

• Fragmented Ecosystem and Interoperability Challenges within the in-vehicle payments market
• High Costs and Technological Complexity affecting the automotive digital wallet market
• Infrastructure and Regulatory Disparities impacting the vehicle-to-everything (V2X) payments market
• Data Privacy and Security Concerns related to AI-driven in-car payment solutions
• Consumer Awareness and Trust Issues in the context of in-vehicle payments market

Table of Contents

Research Scope

• Scope of Analysis
• Market Definition
• Regional Segmentation
• Key Addressable Areas

Growth Environment: IVPs

• Key Findings
• IVP VIO Penetration
• Regional Market Snapshot: North America
• Regional Market Snapshot: Europe
• Key Strategic Partnerships
• OEM Strategies Snapshot
• Technology/Service Provider Snapshot

Transformation in IVPs

• Why Is It Increasingly Difficult to Grow?

The Strategic Imperative

• The Impact of the Top 3 Strategic Imperatives on the IVP Industry

Ecosystem in IVPs

• Value Chain
• Competitive Environment
• Key Competitors

Growth Generator: IVPs

• Growth Metrics
• Growth Drivers
• Growth Restraints
• Forecast Considerations
• TAM: Revenue and IVP-enabled VIO Forecast
• TAM: Revenue Forecast by Region
• TAM: Revenue Forecast by Key Applications
• Revenue Forecast Analysis
• IVP-VIO Forecast by Region
• Average Commissions Per Vehicle: Key Applications
• Pricing Trends and Forecast Analysis

Growth Environment: Introduction, Ecosystem, Trends, Technology, Use Cases, and Future Roadmap

• Key Trends
• IVP Use Cases
• Key IVP Business Models
• IVP Business Model Analysis: Third-party-based Business Model
• IVP Workflow for Third-party-based Payment Platform
• IVP Business Model Analysis: OEM Payment Platform
• IVP Workflow for OEM eWallet-based Payment Platform
• IVP Business Model Analysis: OEM-acquired Payment Platform
• Blockchain in IVP
• Biometrics in IVP Mercedes pay+ Case Study
• Various Operating Systems OS and their Impact on IVPs

IVP Roadmap

Growth Generator: North America

• Growth Metrics
• TAM: Revenue and IVP VIO Forecast
• TAM: Revenue Forecast by Key Applications
• TAM vs SAM for EV Charging in IVP
• Average Commissions Per Vehicle: Key Applications
• Forecast Analysis

Growth Generator: Europe

• Growth Metrics
• TAM: Revenue and IVP VIO Forecast
• TAM: Revenue Forecast by Key Applications
• TAM vs SAM for EV Charging in IVPs
• Average Commissions Per Vehicle: Key Applications
• Forecast Analysis

OEM Profiling

• Mercedes-Benz
• BMW
• Hyundai
• GM
• Toyota

Technology/Service/Marketplace Provider

• Harman International
• Parkopedia EasyPark Group
• Sheeva.AI
• IBM
• Visa
• Mastercard
• AWS

Growth Opportunity Universe: IVPs

• Growth Opportunity 1: Expansion Beyond Basic Transactions
• Growth Opportunity 2: Collaboration and Strategic Partnerships
• Growth Opportunity 3: Data-as-a-Service DaaS

Appendix & Next Steps

• Benefits and Impacts of Growth Opportunities
• Next Steps
• List of Exhibits
• Legal Disclaimer