North American Electronic Toll Collection Market

The North American electronic toll collection market is expected to grow from USD 3.11 billion in 2025 to USD 3.65 billion by 2030, at a CAGR of 3.2% during the forecast period. The market growth is driven by the rapid modernization of highway infrastructure and the accelerated shift from manual tolling to fully electronic and multi-lane free-flow systems across the US and Canada. State transportation agencies, metropolitan toll authorities, and concession operators are increasingly adopting RFID, ANPR, and video-based tolling technologies to reduce congestion and increase vehicle throughput. Growing traffic volumes, expanding express lanes, and the need for efficient mobility management are further encouraging agencies to adopt automated tolling platforms.

Major players in the electronic toll collection market include Kapsch TrafficCom AG (Austria), Conduent, Inc. (US), Indra (US), Neology, Inc. (US), ST Engineering (TransCore) (Singapore), Thales (France), and Siemens (Germany). To boost their market presence and expand their solution offerings across North America, ETC companies are increasingly adopting both organic and inorganic growth strategies. Leading vendors focus on securing long-term contracts with state transportation agencies, launching advanced MLFF and ANPR-driven tolling platforms, and forming technology partnerships to improve system interoperability and cloud-based back-office functions. Many are also pursuing acquisitions to grow their footprint in RFID, video tolling, and digital payment ecosystems. These strategic efforts help North American market leaders expand operations across major toll networks, meet evolving regulatory and interoperability standards, and strengthen their competitive position.

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In September 2024, Neology, Inc. (US) acquired P Square Solutions (US), a tolling services and technology company. This acquisition establishes a new division called Neology PSquare, greatly strengthening Neology’s ability to provide comprehensive tolling solutions worldwide.

Kapsch TrafficCom AG specializes in developing, implementing, and managing electronic toll collection (ETC), traffic management, and connected vehicle projects. The company strives to improve traffic flow, boost road safety, and support the development of smart transportation infrastructure. Its goal is to provide comprehensive turnkey solutions to public sector clients, focusing on traffic efficiency, emission reduction, and urban mobility.

Conduent Incorporated is one of the leading players in electronic tolling and transportation solutions in North America, offering advanced technology and services that enable efficient toll collection, traffic management, and digital payment systems. Conduent emphasizes leveraging digital platforms and automation to streamline transportation processes and improve customer engagement. It adopts a client-focused approach supported by scalable, secure, and customizable solutions to address the needs of both public and private sectors.

Market Ranking

Kapsch TrafficCom AG (Austria) leads the industry with a strong global presence and comprehensive tolling solutions, while Conduent, Inc. (US) maintains its position through robust service delivery and integrated tolling technologies. The US Departments of Transportation (DOT) have been working with TransCore (US) due to its ongoing development of transportation systems. As an expert in security communication, smart mobility technology, and tolling systems, Thales (France) primarily contributes to the innovation of tolling infrastructure. Siemens (Germany) adds value through its intelligent traffic systems and digital automation capabilities. The remaining market is shared among various regional and emerging vendors, resulting in high market fragmentation and competition. This competitive landscape offers opportunities for smaller and niche players to specialize in automating tolling, vehicle identification, and real-time data analytics. In addition to the increased adoption of advanced ETC systems driving the electronic toll collection market, growing urbanization, stricter environmental regulations, and the need for congestion-free travel further boost ETC system adoption.

Related Reports:

North American Electronic Toll Collection Market by Radio-Frequency Identification, Dedicated Short-Range Communications, Back Office & Other Services, Highways, Urban Areas, Transponders/Tag-based Tolling Systems, and Region Global Forecast to 2030

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