Market by Component, Application, and Country Outlook | Forecast 2023-2030
As per Triton’s research report, the intelligent roadways transportation management systems market in Latin America would grow with a CAGR of 8.77% in the forecast years between 2023 and 2030.
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The countries included in this region are:
•        Brazil
•        Mexico
•        Rest of Latin America
Brazil accounts for the highest share in the
intelligent roadways transportation management systems market in the region. Splice Group, a leading name in the traffic
management industry, operates 1,700 cameras to monitor traffic and ensure law
adherence across more than 10 large cities in Brazil. The cameras detect
vehicles and collect data such as time, date, vehicle type, speed, license
plate, etc. The implementation of such measures indicates a positive outlook
for the intelligent roadways transportation management systems (IRTMS) market
in the country.
The future of road transport seems bright in Latin America, as there are
numerous opportunities for IRTMS providers to introduce their offerings in the
market. In addition, rapid infrastructure development, significant increase in
road traffic, and technological advancements are estimated to drive the growth
of the IRTMS market. With the growing traffic, there is a rising need for smart
traffic management. In this regard, IRTMS hardware components, such as sensors
and information display systems, are highly beneficial.
Moreover, globalization and trading ties with other nations also provide
opportunities for the growth of the studied market. For instance, Brazil,
Mexico, Colombia, and Chile have largely invested in logistics solutions due to
trade agreements signed with other nations. This has contributed largely to
increasing the efficiency of supply chains in these countries, and thereby
provided a greater opportunity for the IRTMS market in Latin America.
Smart traffic management analysis software is used for analyzing
fast-moving traffic, identifying vehicles that violate traffic rules, and
detecting accidents. This software aids drivers in making real-time decisions
regarding finding faster or more reliable routes. It also gathers real-time
information about traffic type, volume, flow, and vehicular speed.
Triton’s report assesses the market according to
component and application.
Here, the component segment comprises software, hardware, and service. Software is further sectioned into smart traffic management analysis software, video recording software, database management system software, pollution analysis software, and other software components.
The distinguished players in the intelligent
roadways transportation management systems market include Kuebix LLC, Oracle
Corporation, IBM Corporation, Manhattan Associates Inc, and Blue Yonder.
Denso Corporation is a renowned automotive supplier known for its
advanced technology, systems, and components. The company has a long-term strategy
to promote the electrification of a wide range of mobile solutions for its
end-users in the automated driving and connected car markets. Denso’s IRTMS
offerings include features such as vehicle dynamic control systems, driving
environment recognition systems, collision safety systems, cockpit information
systems, visibility support systems, information security systems, etc. The
company has 7 subsidiaries in South America, with a technical center in Brazil.
Key deliverables of the
report:
â—ŹÂ Â Â Â Â Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Detailed data highlighting key insights, industry components, and market strategies
â—ŹÂ Â Â Â Â Comprehensive information and estimation of the intelligent roadways transportation management systems market revenue growth in Latin America and its influence on the parent market
â—ŹÂ Â Â Â Â 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
â—ŹÂ Â Â Â Â
A wide-ranging study of factors that will challenge the Latin
America intelligent roadways 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.Â
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VIEW REPORT1. 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 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 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)