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(USGovernment-News.Com, June 09, 2023 ) The total global market for the “Automotive Fintech Market” was valued at USD 47.2 Bn in 2022 and is expected to grow at a CAGR of 9.1 percent over the forecast period to reach USD 94.74 Bn by 2029.
Automotive Fintech Market Report Scope and Research Methodology
The data for the report is collected by using primary and secondary data collection methods for the analysis of the Automotive Fintech industry. The report provides a qualitative and quantitative analysis of the Automotive Fintech Market size, price, demand, mergers and acquisitions, supply chain, investment and expansion plans by key competitors and predictions.
The market is driven by the increasing buying rate of online cars, the rising integration of connected cars, and growing digital finance which boosts the growth and transformation in the automotive fintech industry. The growing adoption of the block chain technology is an expected lucrative opportunity for market growth over the forecast period.
Automotive Fintech Market Regional Insights
Asia Pacific is expected to dominate the Automotive Fintech Market during the forecast period. The growth of automotive fintech products, government initiatives, and general openness to new financial technologies are the influencing factors for regional market growth.
Maximize Market Research is leading Automotive and transportation research firm, has also published the following reports:
Automotive Audio Speakers Market- The market size is expected to reach USD 8.44 Bn by 2029 at a CAGR of 7.2 percent during the forecast period.
Connected Car System Market- The Market size is expected to reach USD 433.18 Bn by 2029 at a CAGR of 24 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and 2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Défense and other manufacturing sectors.
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