Latin America Parking Management Market Size & Outlook
Latin America parking management market, 2018-2030 (US$M)
Related Markets
Latin America parking management market highlights
- The Latin America parking management market generated a revenue of USD 212.2 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 212.2 million |
| Market revenue in 2030 | USD 443.6 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | 3M Co, Amano Corp, International Business Machines Corp, Siemens AG, Robert Bosch Engineering & Business Solutions, CubicFarm Systems Corp, Kapsch Group, Serco Group PLC, T2 Systems, Siyata Mobile Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global parking management market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,996.7 million by 2030.
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Parking Management Market Scope
Parking Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America parking management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to parking management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 67.25% in 2024. Horizon Databook has segmented the Latin America parking management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America parking management market databook
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Our clientele includes a mix of parking management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America parking management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America parking management market size, by country, 2018-2030 (US$M)
Latin America Parking Management Market Outlook Share, 2024 & 2030 (US$M)
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