Latin America Parking Management Market Size & Outlook

The parking management market in Latin America is expected to reach a projected revenue of US$ 443.6 million by 2030. A compound annual growth rate of 11.1% is expected of Latin America parking management market from 2024 to 2030.
Revenue, 2023 (US$M)
$212.2
Forecast, 2030 (US$M)
$443.6
CAGR, 2024 - 2030
11.1%
Report Coverage
Latin America

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 2023USD 212.2 million
Market revenue in 2030USD 443.6 million
Growth rate11.1% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwide3M 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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 2023. 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.


Reasons to subscribe to Latin America parking management market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America parking management market databook

  • Our clientele includes a mix of parking management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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.

Partial client list

  • logo

Latin America parking management market size, by country, 2018-2030 (US$M)

Latin America Parking Management Market Outlook Share, 2023 & 2030 (US$M)

Latin America parking management market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more