How big is the Tolling Market | Industry Trends & Forecast 2025

Code: MTA9378 Publication Date: Sep 2025

What is the size of Tolling Market?

According to 6Wresearch internal database and industry insights, the Tolling Market was valued at USD 11.2 billion in 2024 and is expected to reach USD 17.5 billion by 2031, growing at a CAGR of 6.5% during 2025-2031.

With growing focus on road infrastructure investment, increased vehicle ownership, and a shift towards electronic tolling solutions that deliver improved efficiencies and reduced traffic congestion, the Tolling Market is growing. Electronic toll systems offer a sustainable revenue source for highway development.

Growth Factors for Tolling Industry

  • Adopting electronic toll collection to improve traffic flow.
  • Increasing vehicle ownership, in turn, increases toll revenues.
  • Increasing investment in smart infrastructure & transportation.
  • Advances in RFID, GPS, and automated license plate recognition technologies are coming to tolling.
  • Government initiatives to establish public-private partnerships in their tolling operations.

Tolling Market Trends

The Tolling Market trends are accelerating, where there is a shift towards electronic toll collection systems, which is being underpinned by advances in RFID and automatic license plate recognition technology. Road Operators and governments are trying to help reduce congestion at the toll plazas and create a seamless commuter experience. Urbanization and, increasing density of vehicles are creating an expansion of the toll networks, and digital payments and subscription systems are increasing operational transparency and customer convenience.

Emerging Developments in the Tolling Market

The developments in the Tolling Market indicate a clear shift towards all-electronic tolling, eliminating the need for cash and other forms of physical transactions. Companies have advanced their tolling platforms through further development of GPS-based solutions and mobile applications to enable real-time tracking and payments. Governments and the private sector are promoting large-scale partnerships for future developments. This increased focus on interoperability across regions is ensuring a greater ease of scalability more broadly. Additionally, the emergence of smart city projects is further enhancing the development of next-generation tolling technologies.

List of Leading Companies in the Tolling Market

Some of the leading companies include:

  • TransCore
  • Kapsch TrafficCom
  • Conduent Incorporated
  • Abertis Infraestructuras
  • Raytheon Technologies
  • Siemens Mobility
  • Thales Group

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