LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET 2023-2030

ICT | Enterprise Solution

LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET 2023-2030

Market by Component, Application, and Country Outlook | Forecast 2023-2030

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As per Triton’s research report, the intelligent railways transportation management systems market in Latin America would grow at a CAGR of 8.39% in the forecasting years from 2023 to 2030.




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The countries included in this region are:

•         Mexico

•         Brazil

•         Rest of Latin America

Brazil leads the intelligent railways transportation management systems market in the region, and held the highest revenue share in 2022. Railways play a vital role in the transport of primary export products like iron ore and agricultural commodities In Latin America. This is expected to benefit the studied market’s growth. However, certain factors, such as disadvantaged geography, different track gauges, management problems, and the concentration of smart city investments in roads, are hindering the development of the railway infrastructure in the region.

Colombia is one of the key nations studied in the Rest of Latin America region. The nation’s government implemented a new legislative bill pertaining to information and communications technology (ICT) modernization, which aims to ensure 100% internet access throughout the country. Such initiatives to boost the country’s smart infrastructure are anticipated to influence the demand for advanced tech solutions like IRTMS. This, in turn, will drive the intelligent railways transportation management systems market’s growth over the forecast period.

BYD is planning to build SkyRail in the Brazilian city of Salvador. It is planned that, after completion, a SkyRail line will be connected with other rail transit lines to develop a rail network. SkyRail is a straddle-type monorail system developed after years of R&D efforts, at an amount of EUR 650 million by a dedicated team of 1,000 experts. The project is aimed at solving traffic congestion in cities. Such initiatives are expected to contribute to the intelligent railways transportation management systems market’s expansion in Brazil over the forecasted period.

The railways ensure the transportation of millions of passengers globally, each year, and are also responsible for daily commercial goods transport. The latest generation of automated traffic control systems are equipped with automatic safety features to improve the reliability, efficiency, and operational safety in the railway sector. These systems aid in sequential parking and also alert the operators when the tracks are full. They also help in track switching and controlling level crossing gates, which helps reduce train accidents.

Triton’s report assesses the market as per application and component. Here, the application segment comprises automated traffic control, passenger information management, automated ticketing, and other applications.

The distinguished players in the intelligent railways transportation management systems market include Oracle Corporation, Denso Corporation, IBM, Thales Group, Blue Yonder, 3GTMS Inc, SAP SE, Kuebix LLC, Siemens AG, and Tata Consultancy Services (TCS).

Denso Corporation is a renowned automotive components supplier. The company has a long-term strategy to promote the electrification of a diverse range of automotives and locomotives with its advanced solutions. One such solution is the Denso Safety Systems, which offers features like collision safety, visibility support, cockpit information, and information security, among others. Established in 1949, Denso has a notable business presence in the Latin America region.


Key deliverables of the report:

●      Market CAGR during the forecasting years 2023-2030

●      Detailed data highlighting key insights, industry components, and market strategies


●      Comprehensive information and estimation of the intelligent railways transportation management systems market revenue growth in Latin America and its influence on the parent market


●      In-depth study of forthcoming trends in consumer behavioral patterns


●      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model


●      A wide-ranging study of factors that will challenge the Latin America intelligent railways transportation management systems market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here. 

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Table of Content

1. LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. PARENT MARKET ANALYSIS

2.2. IMPACT ANALYSIS ON THE INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET

2.2.1. COVID-19 IMPACT

2.2.2. UKRAINE-RUSSIA WAR IMPACT

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET MATURITY ANALYSIS

2.5. INDUSTRY COMPONENTS

2.5.1. MANUFACTURERS

2.5.2. DISTRIBUTORS

2.5.3. CUSTOMERS

2.6. REGULATORY FRAMEWORK

2.7. KEY BUYING IMPACT ANALYSIS

2.7.1. PRODUCT FEATURES

2.7.2. APPLICATION

2.7.3. SUPERIOR TECHNOLOGY

2.8. KEY MARKET STRATEGIES

2.8.1. COLLABORATIONS

2.8.2. PRODUCT LAUNCHES

2.8.3. MERGERS & ACQUISITIONS

2.9. MARKET DRIVERS

2.9.1. INTRODUCTION OF NEW TECHNOLOGIES IN RAILWAY TRAFFIC MANAGEMENT

2.9.2. ABILITY OF IRTMS TO REDUCE FUEL CONSUMPTION

2.9.3. EVOLUTION OF THE E-COMMERCE INDUSTRY

2.9.4. GROWING NEEDS OF A RISING POPULATION RESULTING FROM HYPER-URBANIZATION

2.9.5. NEED TO OPTIMIZE MANY KEY FUNCTIONS IN TRANSPORTATION

2.10. MARKET CHALLENGE

2.10.1. DISTINCT IRTMS SOLUTIONS HAVE HUGE DEPLOYMENT COSTS

2.11. MARKET OPPORTUNITIES

2.11.1. INCREASE IN SMART CITIES

2.11.2. PROMOTION OF GREEN FUELS

2.11.3. USE OF IOT IN INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS

2.12. ANALYST PERSPECTIVE

3. LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY COMPONENT

3.1. SOFTWARE

3.1.1. SMART TRAFFIC MANAGEMENT ANALYSIS SOFTWARE

3.1.2. DATABASE MANAGEMENT SYSTEMS

3.1.3. VIDEO RECORDING SOFTWARE

3.1.4. OTHER SOFTWARE COMPONENTS

3.2. HARDWARE

3.2.1. SENSORS

3.2.2. LINE WIRES

3.2.3. SECURITY & SURVEILLANCE CAMERAS

3.2.4. INFORMATION & RULE DISPLAYS

3.2.5. OTHER HARDWARE COMPONENTS

3.3. SERVICE

3.3.1. CLOUD MANAGEMENT SERVICES

3.3.2. SUPPORT & MAINTENANCE SERVICES

4. LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY APPLICATION

4.1. AUTOMATED TRAFFIC CONTROL

4.2. AUTOMATED TICKETING

4.3. PASSENGER INFORMATION MANAGEMENT

4.4. OTHER APPLICATIONS

5. LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – COUNTRY OUTLOOK

5.1. BRAZIL

5.1.1. BRAZIL INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST & PROSPECTS

5.2. MEXICO

5.2.1. MEXICO INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST & PROSPECTS

5.3. REST OF LATIN AMERICA

5.3.1. REST OF LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST & PROSPECTS

6. COMPETITIVE LANDSCAPE

6.1. DENSO CORPORATION

6.1.1. OVERVIEW

6.1.2. PORTFOLIO

6.1.3. KEY STRENGTHS

6.1.4. KEY CHALLENGES

6.2. TATA CONSULTANCY SERVICES (TCS)

6.2.1. OVERVIEW

6.2.2. PORTFOLIO

6.2.3. KEY STRENGTHS

6.2.4. KEY CHALLENGES

6.3. SAP SE

6.3.1. OVERVIEW

6.3.2. PORTFOLIO

6.3.3. KEY STRENGTHS

6.3.4. KEY CHALLENGES

6.4. ORACLE CORPORATION

6.4.1. OVERVIEW

6.4.2. PORTFOLIO

6.4.3. KEY STRENGTHS

6.4.4. KEY CHALLENGES

6.5. SIEMENS AG

6.5.1. OVERVIEW

6.5.2. PORTFOLIO

6.5.3. KEY STRENGTHS

6.5.4. KEY CHALLENGES

6.6. IBM CORPORATION

6.6.1. OVERVIEW

6.6.2. PORTFOLIO

6.6.3. KEY STRENGTHS

6.6.4. KEY CHALLENGES

6.7. THALES GROUP

6.7.1. OVERVIEW

6.7.2. PORTFOLIO

6.7.3. KEY STRENGTHS

6.7.4. KEY CHALLENGES

6.8. 3GTMS INC

6.8.1. OVERVIEW

6.8.2. PORTFOLIO

6.8.3. KEY STRENGTHS

6.8.4. KEY CHALLENGES

6.9. BLUE YONDER

6.9.1. OVERVIEW

6.9.2. PORTFOLIO

6.9.3. KEY STRENGTHS

6.9.4. KEY CHALLENGES

6.10. KUEBIX LLC

6.10.1. OVERVIEW

6.10.2. 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

List of Tables

TABLE 1: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2023-2030 (IN $ MILLION)

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: FUNCTION AND FEATURES GIVEN BY THE INTERNATIONAL UNION OF RAILWAYS (UIC)

TABLE 4: LIST OF COLLABORATIONS

TABLE 5: LIST OF PRODUCT LAUNCHES

TABLE 6: LIST OF MERGERS & ACQUISITIONS

TABLE 7: RAILWAY NETWORK IN METROPOLITAN CITIES ACROSS THE GLOBE

TABLE 8: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2023-2030 (IN $ MILLION)

TABLE 9: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)

TABLE 10: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)

TABLE 11: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SERVICE, 2023-2030 (IN $ MILLION)

TABLE 12: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)

TABLE 13: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

List of Figures

FIGURE 1: PARENT MARKET ANALYSIS OF INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS

FIGURE 2: MARKET MATURITY ANALYSIS

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: KEY BUYING IMPACT ANALYSIS

FIGURE 5: PRODUCT FEATURES OF INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS

FIGURE 6: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022 & 2030 (IN %)

FIGURE 7: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)

FIGURE 8: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2022 & 2030 (IN %)

FIGURE 9: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SMART TRAFFIC MANAGEMENT ANALYSIS SOFTWARE, 2023-2030 (IN $ MILLION)

FIGURE 10: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY DATABASE MANAGEMENT SYSTEMS, 2023-2030 (IN $ MILLION)

FIGURE 11: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY VIDEO RECORDING SOFTWARE, 2023-2030 (IN $ MILLION)

FIGURE 12: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY OTHER SOFTWARE COMPONENTS, 2023-2030 (IN $ MILLION)

FIGURE 13: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)

FIGURE 14: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022 & 2030 (IN %)

FIGURE 15: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)

FIGURE 16: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY LINE WIRES, 2023-2030 (IN $ MILLION)

FIGURE 17: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SECURITY & SURVEILLANCE CAMERAS, 2023-2030 (IN $ MILLION)

FIGURE 18: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY INFORMATION & RULE DISPLAYS, 2023-2030 (IN $ MILLION)

FIGURE 19: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $ MILLION)

FIGURE 20: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SERVICE, 2023-2030 (IN $ MILLION)

FIGURE 21: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SERVICE, 2022 & 2030 (IN %)

FIGURE 22: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY CLOUD MANAGEMENT SERVICE, 2023-2030 (IN $ MILLION)

FIGURE 23: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SUPPORT & MAINTENANCE SERVICES, 2023-2030 (IN $ MILLION)

FIGURE 24: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY APPLICATION, 2022 & 2030 (IN %)

FIGURE 25: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY AUTOMATED TRAFFIC CONTROL, 2023-2030 (IN $ MILLION)

FIGURE 26: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY AUTOMATED TICKETING, 2023-2030 (IN $ MILLION)

FIGURE 27: PASSENGER INFORMATION MANAGEMENT FLOWCHART

FIGURE 28: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY PASSENGER INFORMATION MANAGEMENT, 2023-2030 (IN $ MILLION)

FIGURE 29: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 30: LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)

FIGURE 31: BRAZIL INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET 2023-2030 (IN $ MILLION)

FIGURE 32: MEXICO INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET 2023-2030 (IN $ MILLION)

FIGURE 33: REST OF LATIN AMERICA INTELLIGENT RAILWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET 2023-2030 (IN $ MILLION)

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