According to a new report, published by KBV research, The Global EV Charging Management Software Platform Market size is expected to reach $7.1 billion by 2030, rising at a market growth of 29.3% CAGR during the forecast period.
The Public Chargers segment is leading the segment in the Global EV Charging Management Software Platform Market, By Deployment in 2022; thereby, achieving a market value of $5.0 billion by 2030. Many governments promote electric vehicle adoption worldwide by providing incentives, subsidies, and regulatory mandates. These measures often include expanding public charging networks and encouraging private and public investment in charging infrastructure. Public awareness of electric vehicles and their advantages has grown significantly.
The Level 3 market is experiencing a CAGR of 30.2% during (2023 - 2030). Level 3 chargers are commonly deployed along highways and public charging networks to support long-distance travel and provide rapid top-ups. These locations often require advanced management software to monitor and control charging stations efficiently. EV charging management software platforms for Level 3 chargers are evolving to support the unique characteristics of fast charging, including real-time power management, dynamic pricing, and demand response capabilities.
The Commercial segment is generating the highest revenue in the Global EV Charging Management Software Platform Market, By Application in 2022; thereby, achieving a market value of $5.7 billion by 2030. Many commercial businesses with vehicle fleets, such as delivery companies, taxi services, and public transportation agencies, are transitioning to electric vehicles to reduce operating costs and carbon emissions. EV charging management software platforms are in demand to support these electric fleets' efficient charging and management. Government policies for reducing greenhouse gas emissions and ensuring the adoption of electric vehicles are encouraging commercial entities to invest in EV charging infrastructure.
The EV Billing & Payment segment exhibits a CAGR of 29.7% during (2023 - 2030). EV charging networks employ various business models, including pay-as-you-go, subscription-based plans, and loyalty programs. The billing and payment segment has adapted to accommodate these diverse models, offering flexibility to charging station operators and EV owners. Billing and payment software platforms have integrated features to provide users with clear and transparent pricing information.
The North America region dominated the Global EV Charging Management Software Platform Market, By Region in 2022; thereby, achieving a market value of $2.3 billion by 2030. The Asia Pacific region is anticipated to grow at a CAGR of 30.1% during (2023 - 2030). Additionally, The Europe regoin would witness a CAGR of 29% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ev-charging-management-software-platform-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of EVBox (ENGIE), Shell plc, ChargePoint Holdings, Inc., Ampeco Ltd, ETREL d.o.o (Landis+Gyr Group AG), Driivz Ltd. (Vontier Corporation), EV Connect, Inc. (Schneider Electric SE), ChargeLab Inc., Liikennevirta Oy (Helen Ltd) and Touch GmbH.
By Deployment
By Charger Type
By Application
By Module
By Geography
Companies Profiled