There are many opportunities for Blockchain Technology to be used in Toll Collection Systems.

Global Electronic Toll Collection Market

Dublin, March 14, 2023 (GLOBE NETWORKWIRE — The “Global Electronic Toll Collection Market (2023-2028) by Offering, Technology, Operation, Applications, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis” A report has been added ResearchAndMarkets.com’s offering.

Global Electronic Toll Collection Market was estimated at USD 8.89 billion in 2023. It is projected to grow at a CAGR 7.65% to USD 12.85 billion by 2028.

Market Dynamics

Drivers

• An effective solution to traffic congestion, accidents and the environmental impact

• Government Support to Accelerate Electronic Toll Collecting

• Cashless payments offer greater convenience and flexibility.

• Increased Use Of Advanced Digital Technology

Restraints

Opportunities

Challenges

Market Segmentations

Global Electronic Toll Collection Market is divided based on offering, technology, operation, applications, and geography.

• The market can be classified by Offering into Hardware, Software, and Service.

• Technology classifies the market into Radio Frequency Identification (RFID), Dedicated Short Range Communication (DSRC), or Other Technologies.

• By Operation, the market can be divided into Dynamic tolling, Integrated Tolling with Existing Tull Facilities, Mileage Based User Fees and Open Road Tolling.

• The market is divided by applications into Highways and Urban Areas.

• By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Profiles of Companies

This report gives a comprehensive analysis of market competitors. The report includes a detailed analysis of the financial performance of the publicly traded companies in the market. It also provides detailed information about the competitive situation and recent developments of companies. The report covers Kapsch TrafficCom AG, Conduent Business Services, LLC, Efkon GmbH, Transcore, Thales Group, among others.

Countries Studied

• America (Argentina Brazil Canada Chile Chile Colombia Mexico Peru USA, Rest of Americas

• Europe (Austria. Belgium. Danemark, Finland. France. Germany. Italy. Netherlands. Norway. Poland. Spain. Russia. Sweden. Switzerland. Rest of Europe.

• Middle-East & Africa (Egypt. Israel. Qatar. Saudi Arabia. South Africa. United Arab Emirates. Rest of MEA).

• Asia-Pacific (Australian, Bangladesh, China. India, Indonesia. Japan, Malaysia. Philippines. Singapore. South Korea. Sri Lanka. Thailand. Taiwan. Rest of Asia-Pacific

Competitive Quadrant

Competitive Quadrant is a proprietary tool for analyzing and evaluating the position of companies according to their Market Performance score and Industry Position score. The tool makes it possible to categorize the players into four different categories by using various factors. These factors include financial performance, growth strategies and innovation scores, as well as investments, market share growth, and new product launches.

Ansoff Analysis

This report provides a comprehensive Ansoff matrix analysis of the Global Electronic Toll Collection Market. Ansoff Matrix (also known as Product/Market Expansion grid) is a strategic tool that can be used to develop strategies for company growth. This matrix can be used for evaluating approaches in four strategies, viz. There are four types of strategies that can be used to assess the effectiveness of the matrix: Market Development (Market Penetration), Product Development (Product Development), and Diversification. This matrix can also be used to analyze the risk associated with each approach.

An Ansoff Matrix analysis is used by the analyst to analyze the Global Electronic Toll Collection Market to identify the most effective strategies that a company can employ to improve its market position.

The analyst has developed market-growth strategies based on the SWOT analysis of the industry and its players.

This report is worth the money

• This report presents a detailed analysis of the Global Electronic Toll Collection Market. The report provides a detailed qualitative analysis and verifiable data that comes from trusted sources. It also includes projections regarding market size. These projections were calculated using established research methods.

• The extensive secondary and primary research has helped to compile the report. Interviews, surveys and observations of well-respected industry personnel are all part of the primary research.

• This report provides a detailed market analysis using Porter’s five forces model, PESTLE Analysis, as well as the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.

The Key Attributes

We cover the following key topics:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Electronic Toll Collection Markets, by Offerings

7 Global Electronic Toll Collection Markets, By Technology

8 Global Electronic Toll Collection Markets, by Operation

9 Global Electronic Toll Collection Markets, by Applications

10 Americas’ Electronic Toll Collection Marketplace

11 Europe’s Electronic Toll Collection Market

12 Middle East & Africa’s Electronic Toll Collection market

13 APAC Electronic Toll Collection Market

14 Landscapes of Competition

15 Company Profiles

16 Appendix

Companies Mentioned

• Abertis Infraestructuras SA

• Arh Inc.

• Conduent Business Services, LLC

• Cubic Corp.

• Efkon GmbH

• Electronic Transaction Consultants Corp.

• Feig Electronics GmbH

• Jenoptik Ag

• Kapsch TrafficCom Ag

• Mitsubishi Heavy Industries, Ltd.

• Neology, Inc.

• Perceptics, LLC

• Quarterhill Inc.

• Siemens

• Star Systems International Ltd.

• Tecsidel SA

• Thales Group

• Toshiba Corp.

• Transcore

• Vinci SA

This report has more information, visit https://www.researchandmarkets.com/r/3b5amx

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