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Latin America Parking Management Market 2019-2027

  • ID: 4827806
  • Report
  • Region: Latin America
  • 70 pages
  • Triton Market Research
UP TO OFF
until Jan 31st 2020
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FEATURED COMPANIES

  • 3M Company
  • Cubic Corporation
  • Hcl Infotech Ltd.
  • Kapsch Trafficcom AG
  • Orange Business Services
  • Q-Free A.S.A.
  • MORE
Market Outlook

The parking management market in Latin America has been projected to depict growth and proliferate with a CAGR of 11.38% throughout the forecasting years 2019-2027, according to a report by the author. Mexico, Brazil and countries in rest of Latin America together form the parking management market for the Latin American region. The Latin America parking management market is primarily growing owing to the increasing adoption of smart parking systems by the government sector. The successful implementation of the smart parking system in Las Condes, Chile, resulted in a 20% reduction in the search time, improvement in vehicle commuters and an increase in users’ satisfaction. The increasing awareness about the benefit of these systems among the governments of various countries is anticipated to boost the industry growth over the forecast period. Further, Urbiotica plans to use smart parking or intelligent parking solutions in Latin American cities because of the existing needs of the citizens and the more economical technological improvements. The main objective is to improve the mobility and guide the user with real-time information on the availability of parking place in a parking lot. Similarly, implementing the smart parking system at Estapar has provided several benefits, such as the real-time gathering of data and the increase in efficiency of detecting rotation & occupancy. However, the slowing economy may negatively affect the government’s capacity to invest in the new smart parking projects.

Competitive Outlook
The biggest brands in the market are 3M Company, Cisco Systems, Inc., Deutsche Telekom AG, HCL Infotech Ltd., Indigo, Kapsch Trafficcom AG, Nedap Mobility Solutions, Orange Business Services, Parkopedia, Serco Group Plc, Skidata AG, Synapt (division of Prodapt) and Xerox Corporation.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M Company
  • Cubic Corporation
  • Hcl Infotech Ltd.
  • Kapsch Trafficcom AG
  • Orange Business Services
  • Q-Free A.S.A.
  • MORE
1. Latin America Parking Management Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.3. Porter's Five Force Analysis
2.4. Market Attractiveness Matrix
2.5. Vendor Scorecard
2.6. Key Impact Analysis
2.7. Market Drivers
2.7.1. Evolving Automotive Industry
2.7.2. Growing Necessity of Eliminating Traffic Jams
2.7.3. Increased Number of Automotive Thefts
2.7.4. Introduction of Real-Time Information in Parking Management
2.8. Market Restraints
2.8.1. High Implementation Costs
2.8.2. Difficulties in Upgradation of Old-Fashioned Parking Places
2.9. Market Opportunities
2.9.1. Emergence of Advanced License Plate Recognition (Lpr) Technology
2.9.2. Growing Smart City Projects Across the Globe
2.9.3. Optimal Utilization of Space
2.10. Market Challenges
2.10.1. High Cost of Workforce Training
2.10.2. Costs Associated With Licensing and Maintenance

3. Latin America Parking Management Market Outlook - by Parking Site Type
3.1. Off-Street Parking
3.2. On-Street Parking

4. Latin America Parking Management Market Outlook - by Software & Service
4.1. Software
4.2. Professional Services

5. Latin America Parking Management Market Outlook - by Solution
5.1. Access Control
5.2. Parking Guidance & Slot Management
5.3. Parking Reservation Management
5.4. Parking Fee & Revenue Management
5.5. Parking Fee Enforcement & Permit Management
5.6. Valet Parking Management
5.7. Security & Surveillance

6. Latin America Parking Management Market Outlook - by Verticals
6.1. Government & Municipalities
6.2. Recreation
6.3. Corporate & Commercial Parks
6.4. Academia
6.5. Healthcare
6.6. Retail
6.7. Banking & Financial Institutions
6.8. Transportation
6.9. Hospitality
6.10. Other Verticals

7. Latin America Parking Management Market - Regional Outlook
7.1. Brazil
7.2. Mexico
7.3. Rest of Latin America

8. Competitive Landscape
8.1. 3M Company
8.2. Amano Mcgann, Inc.
8.3. Cisco Systems, Inc.
8.4. Cubic Corporation
8.5. Deutsche Telekom AG
8.6. Gemalto N.V.
8.7. Hcl Infotech Ltd.
8.8. International Business Machines Corporation (Ibm)
8.9. Indigo
8.10. Inrix, Inc.
8.11. Kapsch Trafficcom AG
8.12. Msr-Traffic
8.13. Nedap Mobility Solutions
8.14. on Track Innovations (Oti), Ltd.
8.15. Orange Business Services
8.16. Parkme
8.17. Parkopedia
8.18. Q-Free A.S.A.
8.19. Serco Group plc
8.20. Siemens AG
8.21. Skidata AG
8.22. Swarco AG
8.23. Synapt (Division of Prodapt)
8.24. T2 Systems, Inc.
8.25. Xerox Corporation

9. Methodology & Scope
9.1. Research Scope
9.2. Sources of Data
9.3. Research Methodology

List of Tables
Table 1. Latin America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 2. Market Attractiveness Matrix
Table 3. Vendor Scorecard
Table 4. Latin America Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 5. Latin America Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 6. Latin America Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 7. Latin America Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 8. Latin America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)

List of Figures
Figure 1. Latin America Parking Management Market, 2019-2027 (In $ Million)
Figure 2. Porter's Five Force Analysis
Figure 3. Latin America Parking Management Market, by Off-Street Parking, 2019-2027 (In $ Million)
Figure 4. Latin America Parking Management Market, by On-Street Parking, 2019-2027 (In $ Million)
Figure 5. Latin America Parking Management Market, by Software, 2019-2027 (In $ Million)
Figure 6. Latin America Parking Management Market, by Professional Services, 2019-2027 (In $ Million)
Figure 7. Latin America Parking Management Market, by Access Control, 2019-2027 (In $ Million)
Figure 8. Latin America Parking Management Market, by Parking Guidance & Slot Management, 2019-2027 (In $ Million)
Figure 9. Latin America Parking Management Market, by Parking Reservation Management, 2019-2027 (In $ Million)
Figure 10. Latin America Parking Management Market, by Parking Fee & Revenue Management, 2019-2027 (In $ Million)
Figure 11. Latin America Parking Management Market, by Parking Fee Enforcement & Permit Management, 2019-2027 (In $ Million)
Figure 12. Latin America Parking Management Market, by Valet Parking Management, 2019-2027 (In $ Million)
Figure 13. Latin America Parking Management Market, by Security & Surveillance, 2019-2027 (In $ Million)
Figure 14. Latin America Parking Management Market, by Government & Municipalities, 2019-2027 (In $ Million)
Figure 15. Latin America Parking Management Market, by Recreation, 2019-2027 (In $ Million)
Figure 16. Latin America Parking Management Market, by Corporate & Commercial Parks, 2019-2027 (In $ Million)
Figure 17. Latin America Parking Management Market, by Academia, 2019-2027 (In $ Million)
Figure 18. Latin America Parking Management Market, by Healthcare, 2019-2027 (In $ Million)
Figure 19. Latin America Parking Management Market, by Retail, 2019-2027 (In $ Million)
Figure 20. Latin America Parking Management Market, by Banking & Financial Institutions, 2019-2027 (In $ Million)
Figure 21. Latin America Parking Management Market, by Transportation, 2019-2027 (In $ Million)
Figure 22. Latin America Parking Management Market, by Hospitality, 2019-2027 (In $ Million)
Figure 23. Latin America Parking Management Market, by Other Verticals, 2019-2027 (In $ Million)
Figure 24. Latin America Parking Management Market, Regional Outlook, 2018 & 2027 (In %)
Figure 25. Brazil Parking Management Market, 2019-2027 (In $ Million)
Figure 26. Mexico Parking Management Market, 2019-2027 (In $ Million)
Figure 27. Rest of Latin America Parking Management Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • 3M Company
  • Amano Mcgann, Inc.
  • Cisco Systems, Inc.
  • Cubic Corporation
  • Deutsche Telekom AG
  • Gemalto N.V.
  • Hcl Infotech Ltd.
  • International Business Machines Corporation (Ibm)
  • Indigo
  • Inrix, Inc.
  • Kapsch Trafficcom AG
  • Msr-Traffic
  • Nedap Mobility Solutions
  • On Track Innovations (Oti), Ltd.
  • Orange Business Services
  • Parkme
  • Parkopedia
  • Q-Free A.S.A.
  • Serco Group plc
  • Siemens AG
  • Skidata AG
  • Swarco AG
  • Synapt (Division Of Prodapt)
  • T2 Systems, Inc.
  • Xerox Corporation
Note: Product cover images may vary from those shown
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