Global Electronic Payment System For Transportation market growth is projected to reach  US$ 4948 million in 2025 to US$ 6663 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.

Global Electronic Payment System For Transportation Market Trends and Analysis 2025-31

The global Electronic Payment System For Transportation market size is predicted to grow from US$ 4948 million in 2025 to US$ 6663 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031. Electronic Payment Systems (EPS) are now widely used for a variety of transport applications. For example:Electronic Toll Collection (ETC) to charge for access to motorways, bridges and tunnels, often applied to specific types of vehicle such as Heavy Good Vehicles (HGVs) The global electronic payment system for transportation market refers to the market for electronic payment solutions that enable convenient and seamless transactions for transportation services. These systems allow passengers to pay for various modes of transportation, such as buses, trains, taxis, and tolls, using electronic means such as contactless smart cards, mobile devices, or digital wallets. The market for electronic payment systems in transportation is driven by several factors. Firstly, the increasing urbanization and population growth in cities have led to a rise in the demand for efficient and integrated transportation systems. Electronic payment solutions help streamline the payment process and improve the overall passenger experience by reducing the need for physical cash and paper tickets. Secondly, governments and transportation authorities are increasingly recognizing the benefits of electronic payment systems. These systems provide valuable data on passenger travel patterns, allowing for better planning and resource allocation. They also help in reducing fare evasion and improving revenue collection for transportation operators. Additionally, the growing adoption of smartphones and mobile technology has further fueled the demand for electronic payment systems. With the proliferation of mobile payment apps and digital wallets, passengers can easily make payments using their smartphones, enhancing convenience and accessibility. The market for electronic payment systems in transportation can be segmented based on mode of transportation, payment method, and region. Modes of transportation include buses, trains, taxis, and toll systems, among others. Payment methods may include smart cards, mobile payments, QR codes, and Near Field Communication (NFC) technology. The market is witnessing significant growth across regions, with North America, Europe, and Asia-Pacific being the key contributors. Developed regions such as North America and Europe have well-established transportation infrastructure and advanced payment systems in place. In contrast, emerging economies in Asia-Pacific, such as China and India, are experiencing rapid urbanization and the need for efficient and modernized transportation systems. Key players in the global electronic payment system for transportation market include Cubic Corporation, Thales Group, Vix Technology, Samsung Pay, and Apple Pay. These companies provide a range of solutions, including hardware, software, and support services, to transportation operators worldwide. In conclusion, the global electronic payment system for transportation market is experiencing significant growth due to the increasing demand for integrated transportation solutions, the adoption of mobile technology, and the need for efficient revenue collection. The market is driven by factors such as urbanization, government initiatives, and advancements in payment technologies. North America, Europe, and Asia-Pacific are the major markets for electronic payment systems in transportation, with key players offering comprehensive solutions. Infinity Market Research newest research report, the Electronic Payment System For Transportation Industry Forecast looks at past sales and reviews total world Electronic Payment System For Transportation sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Payment System For Transportation sales for 2025 through 2031. With Electronic Payment System For Transportation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Payment System For Transportation industry. This Insight Report provides a comprehensive analysis of the global Electronic Payment System For Transportation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electronic Payment System For Transportation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Electronic Payment System For Transportation market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Payment System For Transportation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Payment System For Transportation. This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Payment System For Transportation market by product type, application, key players and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; EFT &nbsp;&nbsp;&nbsp; Smart Card &nbsp;&nbsp;&nbsp; Debit Cards &nbsp;&nbsp;&nbsp; Credit Cards &nbsp;&nbsp;&nbsp; E-Wallet &nbsp;&nbsp;&nbsp; Others Segmentation by Application: &nbsp;&nbsp;&nbsp; Parking Fees &nbsp;&nbsp;&nbsp; Highway Tolls &nbsp;&nbsp;&nbsp; Crossing Tolls &nbsp;&nbsp;&nbsp; Others This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Cubic Transportation Systems &nbsp;&nbsp;&nbsp; EOS UPTRADE &nbsp;&nbsp;&nbsp; Global Mass Transit &nbsp;&nbsp;&nbsp; Longbow Technologies Sdn. Bhd., &nbsp;&nbsp;&nbsp; LTK Engineering Services &nbsp;&nbsp;&nbsp; Siemens AG &nbsp;&nbsp;&nbsp; Scheidt & Bachmann. &nbsp;&nbsp;&nbsp; Snapper Services Ltd &nbsp;&nbsp;&nbsp; Vix Technology &nbsp;&nbsp;&nbsp; Samsung Pay &nbsp;&nbsp;&nbsp; Apple Pay &nbsp;&nbsp;&nbsp; Transcore &nbsp;&nbsp;&nbsp; Thales Group &nbsp;&nbsp;&nbsp; Kapsch Trafficom AG &nbsp;&nbsp;&nbsp; Xerox Corporation

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Electronic Payment System For Transportation Market Size (2020-2031) &nbsp;2.1.2 Electronic Payment System For Transportation Market Size CAGR by Region (2020 VS 2024 VS 2031) &nbsp;2.1.3 World Current & Future Analysis for Electronic Payment System For Transportation by Country/Region (2020, 2024 & 2031) &nbsp;2.2 Electronic Payment System For Transportation Segment by Type &nbsp;2.2.1 EFT &nbsp;2.2.2 Smart Card &nbsp;2.2.3 Debit Cards &nbsp;2.2.4 Credit Cards &nbsp;2.2.5 E-Wallet &nbsp;2.2.6 Others &nbsp;2.3 Electronic Payment System For Transportation Market Size by Type &nbsp;2.3.1 Electronic Payment System For Transportation Market Size CAGR by Type (2020 VS 2024 VS 2031) &nbsp;2.3.2 Global Electronic Payment System For Transportation Market Size Market Share by Type (2020-2025) &nbsp;2.4 Electronic Payment System For Transportation Segment by Application &nbsp;2.4.1 Parking Fees &nbsp;2.4.2 Highway Tolls &nbsp;2.4.3 Crossing Tolls &nbsp;2.4.4 Others &nbsp;2.5 Electronic Payment System For Transportation Market Size by Application &nbsp;2.5.1 Electronic Payment System For Transportation Market Size CAGR by Application (2020 VS 2024 VS 2031) &nbsp;2.5.2 Global Electronic Payment System For Transportation Market Size Market Share by Application (2020-2025) 3 Electronic Payment System For Transportation Market Size by Player &nbsp;3.1 Electronic Payment System For Transportation Market Size Market Share by Player &nbsp;3.1.1 Global Electronic Payment System For Transportation Revenue by Player (2020-2025) &nbsp;3.1.2 Global Electronic Payment System For Transportation Revenue Market Share by Player (2020-2025) &nbsp;3.2 Global Electronic Payment System For Transportation Key Players Head office and Products Offered &nbsp;3.3 Market Concentration Rate Analysis &nbsp;3.3.1 Competition Landscape Analysis &nbsp;3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.4 New Products and Potential Entrants &nbsp;3.5 Mergers & Acquisitions, Expansion 4 Electronic Payment System For Transportation by Region &nbsp;4.1 Electronic Payment System For Transportation Market Size by Region (2020-2025) &nbsp;4.2 Global Electronic Payment System For Transportation Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Electronic Payment System For Transportation Market Size Growth (2020-2025) &nbsp;4.4 APAC Electronic Payment System For Transportation Market Size Growth (2020-2025) &nbsp;4.5 Europe Electronic Payment System For Transportation Market Size Growth (2020-2025) &nbsp;4.6 Middle East & Africa Electronic Payment System For Transportation Market Size Growth (2020-2025) 5 Americas &nbsp;5.1 Americas Electronic Payment System For Transportation Market Size by Country (2020-2025) &nbsp;5.2 Americas Electronic Payment System For Transportation Market Size by Type (2020-2025) &nbsp;5.3 Americas Electronic Payment System For Transportation Market Size by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Electronic Payment System For Transportation Market Size by Region (2020-2025) &nbsp;6.2 APAC Electronic Payment System For Transportation Market Size by Type (2020-2025) &nbsp;6.3 APAC Electronic Payment System For Transportation Market Size by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia 7 Europe &nbsp;7.1 Europe Electronic Payment System For Transportation Market Size by Country (2020-2025) &nbsp;7.2 Europe Electronic Payment System For Transportation Market Size by Type (2020-2025) &nbsp;7.3 Europe Electronic Payment System For Transportation Market Size by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Electronic Payment System For Transportation by Region (2020-2025) &nbsp;8.2 Middle East & Africa Electronic Payment System For Transportation Market Size by Type (2020-2025) &nbsp;8.3 Middle East & Africa Electronic Payment System For Transportation Market Size by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Global Electronic Payment System For Transportation Market Forecast &nbsp;10.1 Global Electronic Payment System For Transportation Forecast by Region (2026-2031) &nbsp;10.1.1 Global Electronic Payment System For Transportation Forecast by Region (2026-2031) &nbsp;10.1.2 Americas Electronic Payment System For Transportation Forecast &nbsp;10.1.3 APAC Electronic Payment System For Transportation Forecast &nbsp;10.1.4 Europe Electronic Payment System For Transportation Forecast &nbsp;10.1.5 Middle East & Africa Electronic Payment System For Transportation Forecast &nbsp;10.2 Americas Electronic Payment System For Transportation Forecast by Country (2026-2031) &nbsp;10.2.1 United States Market Electronic Payment System For Transportation Forecast &nbsp;10.2.2 Canada Market Electronic Payment System For Transportation Forecast &nbsp;10.2.3 Mexico Market Electronic Payment System For Transportation Forecast &nbsp;10.2.4 Brazil Market Electronic Payment System For Transportation Forecast &nbsp;10.3 APAC Electronic Payment System For Transportation Forecast by Region (2026-2031) &nbsp;10.3.1 China Electronic Payment System For Transportation Market Forecast &nbsp;10.3.2 Japan Market Electronic Payment System For Transportation Forecast &nbsp;10.3.3 Korea Market Electronic Payment System For Transportation Forecast &nbsp;10.3.4 Southeast Asia Market Electronic Payment System For Transportation Forecast &nbsp;10.3.5 India Market Electronic Payment System For Transportation Forecast &nbsp;10.3.6 Australia Market Electronic Payment System For Transportation Forecast &nbsp;10.4 Europe Electronic Payment System For Transportation Forecast by Country (2026-2031) &nbsp;10.4.1 Germany Market Electronic Payment System For Transportation Forecast &nbsp;10.4.2 France Market Electronic Payment System For Transportation Forecast &nbsp;10.4.3 UK Market Electronic Payment System For Transportation Forecast &nbsp;10.4.4 Italy Market Electronic Payment System For Transportation Forecast &nbsp;10.4.5 Russia Market Electronic Payment System For Transportation Forecast &nbsp;10.5 Middle East & Africa Electronic Payment System For Transportation Forecast by Region (2026-2031) &nbsp;10.5.1 Egypt Market Electronic Payment System For Transportation Forecast &nbsp;10.5.2 South Africa Market Electronic Payment System For Transportation Forecast &nbsp;10.5.3 Israel Market Electronic Payment System For Transportation Forecast &nbsp;10.5.4 Turkey Market Electronic Payment System For Transportation Forecast &nbsp;10.6 Global Electronic Payment System For Transportation Forecast by Type (2026-2031) &nbsp;10.7 Global Electronic Payment System For Transportation Forecast by Application (2026-2031) &nbsp;10.7.1 GCC Countries Market Electronic Payment System For Transportation Forecast 11 Key Players Analysis &nbsp;11.1 Cubic Transportation Systems &nbsp;11.1.1 Cubic Transportation Systems Company Information &nbsp;11.1.2 Cubic Transportation Systems Electronic Payment System For Transportation Product Offered &nbsp;11.1.3 Cubic Transportation Systems Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.1.4 Cubic Transportation Systems Main Business Overview &nbsp;11.1.5 Cubic Transportation Systems Latest Developments &nbsp;11.2 EOS UPTRADE &nbsp;11.2.1 EOS UPTRADE Company Information &nbsp;11.2.2 EOS UPTRADE Electronic Payment System For Transportation Product Offered &nbsp;11.2.3 EOS UPTRADE Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.2.4 EOS UPTRADE Main Business Overview &nbsp;11.2.5 EOS UPTRADE Latest Developments &nbsp;11.3 Global Mass Transit &nbsp;11.3.1 Global Mass Transit Company Information &nbsp;11.3.2 Global Mass Transit Electronic Payment System For Transportation Product Offered &nbsp;11.3.3 Global Mass Transit Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.3.4 Global Mass Transit Main Business Overview &nbsp;11.3.5 Global Mass Transit Latest Developments &nbsp;11.4 Longbow Technologies Sdn. Bhd., &nbsp;11.4.1 Longbow Technologies Sdn. Bhd., Company Information &nbsp;11.4.2 Longbow Technologies Sdn. Bhd., Electronic Payment System For Transportation Product Offered &nbsp;11.4.3 Longbow Technologies Sdn. Bhd., Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.4.4 Longbow Technologies Sdn. Bhd., Main Business Overview &nbsp;11.4.5 Longbow Technologies Sdn. Bhd., Latest Developments &nbsp;11.5 LTK Engineering Services &nbsp;11.5.1 LTK Engineering Services Company Information &nbsp;11.5.2 LTK Engineering Services Electronic Payment System For Transportation Product Offered &nbsp;11.5.3 LTK Engineering Services Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.5.4 LTK Engineering Services Main Business Overview &nbsp;11.5.5 LTK Engineering Services Latest Developments &nbsp;11.6 Siemens AG &nbsp;11.6.1 Siemens AG Company Information &nbsp;11.6.2 Siemens AG Electronic Payment System For Transportation Product Offered &nbsp;11.6.3 Siemens AG Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.6.4 Siemens AG Main Business Overview &nbsp;11.6.5 Siemens AG Latest Developments &nbsp;11.7 Scheidt & Bachmann. &nbsp;11.7.1 Scheidt & Bachmann. Company Information &nbsp;11.7.2 Scheidt & Bachmann. Electronic Payment System For Transportation Product Offered &nbsp;11.7.3 Scheidt & Bachmann. Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.7.4 Scheidt & Bachmann. Main Business Overview &nbsp;11.7.5 Scheidt & Bachmann. Latest Developments &nbsp;11.8 Snapper Services Ltd &nbsp;11.8.1 Snapper Services Ltd Company Information &nbsp;11.8.2 Snapper Services Ltd Electronic Payment System For Transportation Product Offered &nbsp;11.8.3 Snapper Services Ltd Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.8.4 Snapper Services Ltd Main Business Overview &nbsp;11.8.5 Snapper Services Ltd Latest Developments &nbsp;11.9 Vix Technology &nbsp;11.9.1 Vix Technology Company Information &nbsp;11.9.2 Vix Technology Electronic Payment System For Transportation Product Offered &nbsp;11.9.3 Vix Technology Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.9.4 Vix Technology Main Business Overview &nbsp;11.9.5 Vix Technology Latest Developments &nbsp;11.10 Samsung Pay &nbsp;11.10.1 Samsung Pay Company Information &nbsp;11.10.2 Samsung Pay Electronic Payment System For Transportation Product Offered &nbsp;11.10.3 Samsung Pay Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.10.4 Samsung Pay Main Business Overview &nbsp;11.10.5 Samsung Pay Latest Developments &nbsp;11.11 Apple Pay &nbsp;11.11.1 Apple Pay Company Information &nbsp;11.11.2 Apple Pay Electronic Payment System For Transportation Product Offered &nbsp;11.11.3 Apple Pay Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.11.4 Apple Pay Main Business Overview &nbsp;11.11.5 Apple Pay Latest Developments &nbsp;11.12 Transcore &nbsp;11.12.1 Transcore Company Information &nbsp;11.12.2 Transcore Electronic Payment System For Transportation Product Offered &nbsp;11.12.3 Transcore Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.12.4 Transcore Main Business Overview &nbsp;11.12.5 Transcore Latest Developments &nbsp;11.13 Thales Group &nbsp;11.13.1 Thales Group Company Information &nbsp;11.13.2 Thales Group Electronic Payment System For Transportation Product Offered &nbsp;11.13.3 Thales Group Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.13.4 Thales Group Main Business Overview &nbsp;11.13.5 Thales Group Latest Developments &nbsp;11.14 Kapsch Trafficom AG &nbsp;11.14.1 Kapsch Trafficom AG Company Information &nbsp;11.14.2 Kapsch Trafficom AG Electronic Payment System For Transportation Product Offered &nbsp;11.14.3 Kapsch Trafficom AG Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.14.4 Kapsch Trafficom AG Main Business Overview &nbsp;11.14.5 Kapsch Trafficom AG Latest Developments &nbsp;11.15 Xerox Corporation &nbsp;11.15.1 Xerox Corporation Company Information &nbsp;11.15.2 Xerox Corporation Electronic Payment System For Transportation Product Offered &nbsp;11.15.3 Xerox Corporation Electronic Payment System For Transportation Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.15.4 Xerox Corporation Main Business Overview &nbsp;11.15.5 Xerox Corporation Latest Developments 12 Research Findings and Conclusion

Report	Global Electronic Payment System For Transportation Market Growth (Status and Outlook) 2025-2031
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