Nice — here’s a compact, sourced market-reference pack for the Electronic Toll Collection (ETC) market, organized exactly as you requested. I pulled the latest market-size estimates and vendor information, and where public data exists I added company-level values (revenues / segment revenues) with citations.

This versatile research report is presenting crucial details on market relevant information, harping on ample minute details encompassing a multi-dimensional market that collectively maneuver growth in the global Electronic Toll Collection market.

This holistic report presented by the report is also determined to cater to all the market specific information and a take on business analysis and key growth steering best industry practices that optimize million-dollar opportunities amidst staggering competition in Electronic Toll Collection market.

Read complete report at: https://www.thebrainyinsights.com/report/electronic-toll-collection-market-12729

Quick market snapshot (select reputable estimates)

• Global ETC market — ~USD 9–11.8 billion in 2024 (different reports vary). Example estimates: MarketsandMarkets: USD 9.41B (2024); Grand View Research: USD 9.45B (2024); IMARC: USD 11.8B (2024).

• Forecasts show mid-to-high single-digit to low-double digit CAGR (commonly ~7.8%–9.7% through the 2025–2033 window), taking the market to anywhere from roughly USD 15B–25B by early 2030s depending on the source.

Key vendors (company references) — who to watch (vendor lists from industry reports)

Major, repeatedly-cited players in ETC (not exhaustive):
Kapsch TrafficCom, Conduent (includes TransCore business / ST Engineering in some markets), Thales, Siemens Mobility, Cubic, Q-Free, EFkon, Perceptics, Raytheon (Raytheon/RTX, Perimeter solutions), TollPlus, Mitsubishi Heavy Industries, Neology. These names appear across multiple market reports and releases.

Company values / public figures (what's publicly available)

• Kapsch TrafficCom AG — Group revenues around EUR ~530M (FY 2024/25) (company financial report / investor release). This is Kapsch’s total group revenue (Kapsch is a pure-play tolling/ITS vendor).

• Conduent, Incorporated — Total FY 2024 revenue ~USD 3.36B; Transportation segment (tolling & related) revenue ~USD 586M in 2024 (company 10-K / investor reports). Conduent is a major outsourcing & systems provider for toll back-office and services.

• Other leading vendors (listed repeatedly by market research firms; single-source revenue splits for their toll businesses may not be publicly separated): Thales, Siemens Mobility, Cubic Corporation, ST Engineering / TransCore, Q-Free, EFkon, Perceptics, Raytheon/RTX. Use the industry reports below for vendor positioning and competitive analyses.

Note: many large companies (Siemens, Thales, Raytheon) report consolidated revenues but do not always break out tolling-only revenue publicly; specialist toll vendors (Kapsch, TransCore historically, Q-Free, Efkon) often give clearer toll/ITS segment detail.

Recent Development

• Continued government & highway authority investments in toll modernization, interoperability projects, and migration to account-based tolling/back-office modernization have been reported across multiple vendor press releases and market reports in 2024–2025. 

• Several industry reports (2024–2025) highlight increased procurement activity in North America and APAC for open-road tolling and multimodal payment integration.

Drivers

• Need to reduce congestion and emissions, improve throughput (open-road tolling), and enable account-based, interoperable payments.

• Infrastructure expansion and smart-city / intelligent transport system (ITS) initiatives.

Restraints

• High upfront infrastructure and integration costs; legacy-system migration complexity and procurement cycles slow large deployments.

• Privacy/regulatory concerns and heterogeneity of standards across regions can limit interoperability.

Regional segmentation analysis (high level)

• North America: Large market share (often reported as leading region due to large highway networks & toll modernization programs). IMARC and other reports put North America as a dominant region.

• Europe: Mature market with ongoing replacements/upgrades and cross-border interoperability work.

• Asia-Pacific: Rapid growth — significant highway expansions and smart-transport investments (strong growth potential).

• Latin America / MEA: Emerging adoption, often project-by-project.

Emerging Trends

• Account-based tolling (ABT) replacing vehicle-centric tag-based systems in some regions.

• Cloud-native back-office and SaaS billing offerings.

• Convergence with mobility platforms (parking, congestion charging, multi-modal payments).

• RFID/NFC + camera/ANPR hybrid systems for mixed-fleet environments.

Top Use Cases

1. Highway / motorway tolling (open-road tolling / free-flow).

2. Urban congestion charging and low-emission zone enforcement.

3. Bridge/tunnel tolling.

4. Account-based city/regional mobility payments (integrated with transit / parking).

Major Challenges

• Legacy-system replacement, procurement/contract complexity, and multi-vendor integration.

• Ensuring accuracy & fairness of ANPR/violation enforcement and minimizing false positives.

• Cybersecurity and data privacy for back-office and customer data.

Attractive Opportunities

• Retrofit / upgrade projects for legacy toll plazas to open-road systems.

• Cross-border interoperability (e.g., regional toll agreements).

• Value-added services: dynamic pricing, congestion charging, mobility data monetization, MaaS integration.

Key factors of market expansion

• Government investments in road infrastructure and smart mobility.

• Technology maturity (ANPR, RFID, DSRC/ITS-G5, cloud back-office).

• Policy push for congestion & emissions control (drives congestion-charging programs).

Sources & where to read more (selected, high-quality references)

• MarketsandMarkets — Electronic Toll Collection System Market (market size & vendor list).

• Grand View Research — Electronic Toll Collection Market (size & forecast).

• IMARC Group — Electronic Toll Collection Market (regional shares, forecasts).

• Straits Research / other market reports — consolidated vendor lists & trends.

• Kapsch TrafficCom — Annual / financial reports (group revenue ~EUR 530M FY24/25).

• Conduent — FY2024 results (total revenue and transportation segment ~USD 586M in 2024).

If you want, I can now:

• produce a vendor table (company / tolling focus / latest available toll-segment revenue or FY revenue / notable contracts) — ready to export as CSV or spreadsheet; or

• prepare a one-page slide summarizing market size, top 8 vendors with short bullets, and 3 strategic recommendations for a vendor entering the market.

Which would you like me to build next? (I can create the vendor table with the publicly available revenue/segment figures I found.)