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Latin America Intelligent Roadways Transportation Management Systems Market 2023-2030

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    Report

  • 104 Pages
  • January 2023
  • Region: Latin America
  • Triton Market Research
  • ID: 5715290

Growing investments for infrastructure development to benefit the intelligent roadways transport management systems market in Latin America

MARKET OUTLOOK

The intelligent roadways transport management systems market in Latin America is predicted to grow with a CAGR of 8.77% in the forecast period from 2023 to 2030, as per a report by the publisher.

Mexico, Brazil, and Rest of Latin America are included in the market in this region.

The Mexican federal government intends to heavily invest in infrastructure. In November 2019, President Andres Manuel Lopez Obrador announced the government's plans to launch 1,600 infrastructure development projects, strategic for the nation's economic development. On the whole, the government allocated $400 billion, for a period of 5 years.

Also, entrepreneur Carlos Slim, the country's richest man, has promised to invest $5 billion for infrastructure development. These development plans include structurally applying intelligent roadways transport management systems (IRTMS) to ease traffic congestion and for the movement of cargo shipments on roads.

With the growing urbanization, governments across Rest of Latin America have been focusing on the development of their transport infrastructure. This includes constructing roads exclusively for vehicles with more than one passenger, offering transport cost subsidies & bicycle usage incentives, implementing rapid transit systems, and extending & improving the street, avenue, road, highway, railway, & underground networks.

These measures have been crucial for the implementation of transportation management systems. For instance, in August 2019, Indra, a Spain-based transportation technology developer and consultancy, deployed intelligent transport management systems at new Túnel de Oriente in Colombia, which is the longest road tunnel in Central and South America.

COMPETITIVE OUTLOOK

The distinguished players engaged in the intelligent roadways transport management systems market include Tata Consultancy Services (TCS) Ltd, Manhattan Associates Inc, Blue Yonder, and 3T Logistics and Technology Group.

Table of Contents

1. Latin America Intelligent Roadways Transportation Management Systems Market - Summary

2. Industry Outlook
2.1. Parent Market Analysis
2.2. Porter's Five Forces Analysis
2.2.1. Threat of New Entrants
2.2.2. Threat of Substitutes
2.2.3. Bargaining Power of Buyers
2.2.4. Bargaining Power of Suppliers
2.2.5. Threat of Competitive Rivalry
2.3. Market Maturity Analysis
2.4. Industry Components
2.4.1. Manufacturers
2.4.2. Distributors
2.4.3. Customers
2.5. Key Buying Impact Analysis
2.5.1. Product Features
2.5.2. Applications
2.5.3. Superior Technology
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Mergers & Acquisitions
2.6.4. Business Divestitures
2.7. Market Drivers
2.7.1. Growth in the E-Commerce Industry
2.7.2. Need for Optimization of Several Key Functions in Transportation
2.7.3. Introduction of New Technologies in Traffic Management
2.7.4. Effective Solution for Challenges Associated With Urbanization and Population Growth
2.7.5. Ability of Intelligent Roadways Transportation Management Systems to Reduce Fuel Consumption
2.8. Market Challenge
2.8.1. High Deployment Costs and Trade-Offs Associated With Intelligent Transportation Management Systems
2.9. Market Opportunities
2.9.1. Development of Connected Cars Around the World
2.9.2. Increase in Smart Cities
2.9.3. Increasing Adoption of Advanced Parking Management Systems
2.9.4. Use of Internet of Things (Iot) in Intelligent Roadways Transport Management Systems
2.9.5. Development of Green Fuel-Based Vehicles
2.10. Analyst Perspective

3. Latin America Intelligent Roadways Transportation Management Systems Market - by Component
3.1. Software
3.1.1. Video Recording Software
3.1.2. Smart Traffic Management Analysis Software
3.1.3. Database Management System Software
3.1.4. Pollution Analysis Software
3.1.5. Other Software Components
3.2. Service
3.2.1. Cloud Management Services
3.2.2. Support and Maintenance Services
3.3. Hardware
3.3.1. Information and Rule Display Systems
3.3.2. Security and Surveillance Cameras
3.3.3. Ont/Olt Devices
3.3.4. Line Wires
3.3.5. Automated Pos Systems
3.3.6. Sensors
3.3.7. Other Hardware Components

4. Latin America Intelligent Roadways Transportation Management Systems Market - by Application
4.1. Automated Traffic Control
4.2. Fleet Management
4.3. Passenger Information Management
4.4. Automated Ticketing
4.5. Automated Parking Assistance
4.6. Other Applications

5. Latin America Intelligent Roadways Transportation Management Systems Market - Country Outlook
5.1. Country Analysis
5.1.1. Brazil
5.1.1.1. Brazil Intelligent Roadways Transportation Management Systems Market Forecast & Prospects
5.1.2. Mexico
5.1.2.1. Mexico Intelligent Roadways Transportation Management Systems Market Forecast & Prospects
5.1.3. Rest of Latin America
5.1.3.1. Rest of Latin America Intelligent Roadways Transportation Management Systems Market Forecast & Prospects

6. Competitive Landscape
6.1. Denso Corporation
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Tata Consultancy Services (Tcs) Ltd
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Sap Se
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. Oracle Corporation
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. IBM Corporation
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Manhattan Associates Inc
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. Blue Yonder
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. 3T Logistics and Technology Group
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. Mercurygate International Inc
6.9.1. Overview
6.9.2. Product Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Kuebix LLC
6.10.1. Overview
6.10.2. Product Portfolio
6.10.3. Key Strengths
6.10.4. Key Challenges

7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

Table List
Table 1: Latin America Intelligent Roadways Transportation Management Systems Market, by Country Outlook, 2023-2030 (In $ Million)
Table 2: List of Collaborations
Table 3: List of Product Launches
Table 4: List of Mergers & Acquisitions
Table 5: List of Divestitures
Table 6: Latin America Intelligent Roadways Transportation Management Systems Market, by Component, 2023-2030 (In $ Million)
Table 7: Latin America Intelligent Roadways Transportation Management Systems Market, by Software, 2023-2030 (In $ Million)
Table 8: Latin America Intelligent Roadways Transportation Management Systems Market, by Service, 2023-2030 (In $ Million)
Table 9: Latin America Intelligent Roadways Transportation Management Systems Market, by Hardware, 2023-2030 (In $ Million)
Table 10: Latin America Intelligent Roadways Transportation Management Systems Market, by Application, 2023-2030 (In $ Million)
Table 11: Latin America Intelligent Roadways Transportation Management Systems Market, by Country Outlook, 2023-2030 (In $ Million)

Figure List
Figure 1: Parent Market Analysis of Intelligent Roadways Transportation Management Systems
Figure 2: Market Maturity Analysis
Figure 3: Industry Components
Figure 4: Key Buying Impact Analysis
Figure 5: Product Features of Intelligent Roadways Transport Management Systems
Figure 6: Latin America Intelligent Roadways Transportation Management Systems Market, by Component, 2022 & 2030 (In %)
Figure 7: Latin America Intelligent Roadways Transportation Management Systems Market, by Software, 2023-2030 (In $ Million)
Figure 8: Latin America Intelligent Roadways Transportation Management Systems Market, by Software, 2022 & 2030 (In %)
Figure 9: Latin America Intelligent Roadways Transportation Management Systems Market, by Video Recording Software, 2023-2030 (In $ Million)
Figure 10: Latin America Intelligent Roadways Transportation Management Systems Market, by Smart Traffic Management Analysis Software, 2023-2030 (In $ Million)
Figure 11: Latin America Intelligent Roadways Transportation Management Systems Market, by Database Management Systems Software, 2023-2030 (In $ Million)
Figure 12: Latin America Intelligent Roadways Transportation Management Systems Market, by Pollution Analysis Software, 2023-2030 (In $ Million)
Figure 13: Latin America Intelligent Roadways Transportation Management Systems Market, by Other Software Components, 2023-2030 (In $ Million)
Figure 14: Latin America Intelligent Roadways Transportation Management Systems Market, by Service, 2023-2030 (In $ Million)
Figure 15: Latin America Intelligent Roadways Transportation Management Systems Market, by Service, 2022 & 2030 (In %)
Figure 16: Latin America Intelligent Roadways Transportation Management Systems Market, by Cloud Management Services, 2023-2030 (In $ Million)
Figure 17: Latin America Intelligent Roadways Transportation Management Systems Market, by Support and Maintenance Services, 2023-2030 (In $ Million)
Figure 18: Latin America Intelligent Roadways Transportation Management Systems Market, by Hardware, 2023-2030 (In $ Million)
Figure 19: Latin America Intelligent Roadways Transportation Management Systems Market, by Hardware, 2022 & 2030 (In %)
Figure 20: Latin America Intelligent Roadways Transportation Management Systems Market, by Information and Rule Display Systems, 2023-2030 (In $ Million)
Figure 21: Latin America Intelligent Roadways Transportation Management Systems Market, by Security and Surveillance Cameras, 2023-2030 (In $ Million)
Figure 22: Latin America Intelligent Roadways Transportation Management Systems Market, by Ont/Olt Devices, 2023-2030 (In $ Million)
Figure 23: Latin America Intelligent Roadways Transportation Management Systems Market, by Line Wires, 2023-2030 (In $ Million)
Figure 24: Latin America Intelligent Roadways Transportation Management Systems Market, by Automated Pos Systems, 2023-2030 (In $ Million)
Figure 25: Latin America Intelligent Roadways Transportation Management Systems Market, by Sensors, 2023-2030 (In $ Million)
Figure 26: Latin America Intelligent Roadways Transportation Management Systems Market, by Other Hardware Components, 2023-2030 (In $ Million)
Figure 27: Latin America Intelligent Roadways Transportation Management Systems Market, by Application, 2022 & 2030 (In %)
Figure 28: Latin America Intelligent Roadways Transportation Management Systems Market, by Automated Traffic Control, 2023-2030 (In $ Million)
Figure 29: Latin America Intelligent Roadways Transportation Management Systems Market, by Fleet Management, 2023-2030 (In $ Million)
Figure 30: Latin America Intelligent Roadways Transportation Management Systems Market, by Passenger Information Management, 2023-2030 (In $ Million)
Figure 31: Latin America Intelligent Roadways Transportation Management Systems Market, by Automated Ticketing, 2023-2030 (In $ Million)
Figure 32: Latin America Intelligent Roadways Transportation Management Systems Market, by Automated Parking Assistance, 2023-2030 (In $ Million)
Figure 33: Latin America Intelligent Roadways Transportation Management Systems Market, by Other Applications, 2023-2030 (In $ Million)
Figure 34: Latin America Intelligent Roadways Transportation Management Systems Market, Country Outlook, 2022 & 2030 (In %)
Figure 35: Brazil Intelligent Roadways Transportation Management Systems Market 2023-2030 (In $ Million)
Figure 36: Mexico Intelligent Roadways Transportation Management Systems Market 2023-2030 (In $ Million)
Figure 37: Rest of Latin America Intelligent Roadways Transportation Management Systems Market 2023-2030 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Denso Corporation
  • Tata Consultancy Services (Tcs) Ltd
  • Sap Se
  • Oracle Corporation
  • IBM Corporation
  • Manhattan Associates Inc
  • Blue Yonder
  • 3T Logistics and Technology Group
  • Mercurygate International Inc
  • Kuebix LLC

Methodology

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