Flexible Electronics News

MarketsandMarkets: Electronic Toll Collection Market Worth $10.7 Billion by 2023

Expected growth at a CAGR of 8.54%

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By: Anthony Locicero

Copy editor, New York Post

According to the new market research report “Electronic Toll Collection Market by Technology (RFID, DSRC, & Others (ANPR/ALPR, and Satellite-Based)), Offering (Hardware, and Back Office and Other Services), Application (Highways and Urban Areas), Type, and Region – Global Forecast to 2023,”the overall electronic toll collection (ETC) market is expected to grow from USD $7.1 billion in 2018 to USD $10.7 billion by 2023, at a CAGR of 8.54%. One of the major driving factors for the ...

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