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Popular Recent Reports on Smart Automotive Solutions

08 Apr 2022 • by Natalie Aster

LONDON – Many novel insightful research studies covering the smart automotive solutions market have been recently uploaded to MarketPublishers.com. These new reports help to gain a clear understanding of the historical and current scenarios in the examined markets, provide updated information on the market dynamics and trends, point out the key development trends and growth opportunities, identify the major growth drivers and hinders, and give access to future forecasts and other important data on the market performance. Our experts have identified the three most popular latest reports on the smart automotive solutions market available at MarketPublishers.com:

In-Vehicle Payment Services Market 

The global market for in-vehicle payment services is slated for impressive growth at a 13.2% CAGR during 2022-2030, propelled by the aggressive spending by automakers on enabling drivers to make payments and authenticate transactions from the vehicle itself along with the increasing disposable incomes (especially in the developed countries), and the rising preference for contactless payments. By the end of the forecast period, the market value is set to cross USD 14.4 billion. The food/coffee segment commanded the biggest revenue share of over 27% last year, this is attributed to the high preference for ordering food and coffee on the go. This segment is projected to stay in the lead through 2030…

Smart Parking Systems Market 

Backed by the rising number of automobiles on roads along with the considerable rise in the levels of traffic congestion, the world’s market for smart parking systems is predicted to enjoy a high double-digit CAGR of 21.2% during 2022-2030. The COVID-19 pandemic has negatively impacted the smart parking systems market because of lockdowns implemented across the globe. However, with the lockdown restrictions being slowly lifted, the demand for smart parking systems is expected to bounce back, and sales of personal vehicles will likely also register healthy growth due to growing concerns over safety in public transport. In 2030, the value of the global smart parking systems market is expected to amount to USD 30.16 billion. The mobile app parking services segment is anticipated to witness impressive growth in terms of revenues through 2030, registering a CAGR of 25.2% during the forecast period…

Automotive Backup Camera Market

During recent years, automotive backup cameras (aka rearview cameras) have gained increased popularity as they provide better visibility and prevent crashes and accidents by alleviating the rear blind spots. Today, manufacturers are offering automotive backup camera systems with sensors in the rear bumper to detect objects behind the vehicle. Last year, the global market for automotive backup cameras exceeded the value of USD 2.3 billion. This market is projected to continue gaining traction through 2027, registering a CAGR of 8.3%, driven by the rising number of fatalities during the reversing of vehicles and the increasing concerns regarding the safety of passengers and pedestrians…

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