Mexico Parking Management Market Size & Outlook, 2023-2030

The parking management market in Mexico is expected to reach a projected revenue of US$ 239.1 million by 2030. A compound annual growth rate of 10.9% is expected of Mexico parking management market from 2024 to 2030.
Revenue, 2023 (US$M)
$116.1
Forecast, 2030 (US$M)
$239.1
CAGR, 2024 - 2030
10.9%
Report Coverage
Mexico

Mexico parking management market highlights

  • The Mexico parking management market generated a revenue of USD 116.1 million in 2023 and is expected to reach USD 239.1 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 10.9% 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.


Parking management market data book summary

Market revenue in 2023USD 116.1 million
Market revenue in 2030USD 239.1 million
Growth rate10.9% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Mexico accounted for 2.5% of the global parking management market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. parking management market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 404.5 million by 2030.

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Parking Management Market Scope

Parking management market segmentation & scope
Access Control
Security & Surveillance
Revenue Management
Parking Reservation Management
Valet Parking Management
Others
Consulting Services
System Integration and Deployment
Support and Maintenance
Cloud
On-premise
On-street
Garage Parking
Lot Parking
Transport Transit
Commercial
Government

Parking Management Market Companies

Name Profile # Employees HQ Website

Mexico 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 67.18% in 2023. Horizon Databook has segmented the Mexico 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 Mexico 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 country-level data and insights on the Mexico parking management market , including forecasts for subscribers. This country databook contains high-level insights into Mexico parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico parking management market size, by component, 2018-2030 (US$M)

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

Mexico parking management market size, by component, 2018-2030 (US$M)

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