LATIN AMERICA PARKING MANAGEMENT MARKET 2019-2027

Automotive & Transportation | Automotive Technologies

LATIN AMERICA PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, Verticals And Geography | Forecast 2019-2027

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According to Triton, the parking management market in Latin America is expected to grow with a CAGR of 11.38% in the forecast duration of 2019-2027.

The countries that have been considered in the report on Latin America’s parking management market are:

•           Brazil

•           Mexico

•           Rest of Latin America

Latin America is considered to be a lucrative market for parking management. One of the key players in the parking management market in the Latin America region is Indigo, having its key products, i.e. valet parking. The major driver for the market in Latin America is the advancement in real-time information regarding the parking management market, and while considering all these factors, the Latin America parking management market will grow in the forecast period.

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In recent years, most Latin American countries have seen significant increases in motorization, mainly due to the growing per capita income, which has allowed many people to buy private automobiles. Even though acquiring a car may represent a positive social status change and an improvement in comfort, it actually creates negative externalities - greater fossil fuel consumption, higher levels of air pollution, congested roadways and an increased number of car accidents. As a result of such an increase in vehicle usage, there is disproportionate investment supporting car-centric infrastructure at the cost of citizens and environmentally-friendly modes of transportation. Therefore, this is a unique time to choose smart city solutions, and particularly intelligent parking or smart parking in cities of Latin America, due to the current needs of citizens and the more economical technological advancements.

Indigo Infra S.A. designs, builds, finances and operates custom car park solutions. It offers off-street, on-street and car park sharing solutions. The company also provides service hub, remote operations, mobility hub, financing, connected car parks, revenue management, valet parking & training services and mobile applications. In addition, it offers online subscriptions, parking space booking service, mobile phone payment solutions for on-street parking, smartphone applications and mobility services. The company serves local authorities and the urban planning market, hospitals, shopping centers, airports, stations, universities, hotels, private offices and the residential market, as well as events, tourism and leisure sectors worldwide. Indigo Infra S.A. was formerly known as VINCI Park S.A. The company has a parking network present in more than 750 cities and 16 countries across Europe, North America, Latin America and the Middle East.

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Table of Content

1.    LATIN AMERICA PARKING MANAGEMENT MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCE ANALYSIS

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. VENDOR SCORECARD

2.6. KEY IMPACT ANALYSIS

2.7. MARKET DRIVERS

2.7.1. EVOLVING AUTOMOTIVE INDUSTRY

2.7.2. GROWING NECESSITY OF ELIMINATING TRAFFIC JAMS

2.7.3. INCREASED NUMBER OF AUTOMOTIVE THEFTS

2.7.4. INTRODUCTION OF REAL-TIME INFORMATION IN PARKING MANAGEMENT

2.8. MARKET RESTRAINTS

2.8.1. HIGH IMPLEMENTATION COSTS

2.8.2. DIFFICULTIES IN UPGRADATION OF OLD-FASHIONED PARKING PLACES

2.9. MARKET OPPORTUNITIES

2.9.1. EMERGENCE OF ADVANCED LICENSE PLATE RECOGNITION (LPR) TECHNOLOGY

2.9.2. GROWING SMART CITY PROJECTS ACROSS THE GLOBE

2.9.3. OPTIMAL UTILIZATION OF SPACE

2.10. MARKET CHALLENGES

2.10.1. HIGH COST OF WORKFORCE TRAINING

2.10.2. COSTS ASSOCIATED WITH LICENSING AND MAINTENANCE

3.    LATIN AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY PARKING SITE TYPE

3.1. OFF-STREET PARKING

3.2. ON-STREET PARKING

4.    LATIN AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY SOFTWARE & SERVICE

4.1. SOFTWARE

4.2. PROFESSIONAL SERVICES

5.    LATIN AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY SOLUTION

5.1. ACCESS CONTROL

5.2. PARKING GUIDANCE & SLOT MANAGEMENT

5.3. PARKING RESERVATION MANAGEMENT

5.4. PARKING FEE & REVENUE MANAGEMENT

5.5. PARKING FEE ENFORCEMENT & PERMIT MANAGEMENT

5.6. VALET PARKING MANAGEMENT

5.7. SECURITY & SURVEILLANCE

6.    LATIN AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY VERTICALS

6.1. GOVERNMENT & MUNICIPALITIES

6.2. RECREATION

6.3. CORPORATE & COMMERCIAL PARKS

6.4. ACADEMIA

6.5. HEALTHCARE

6.6. RETAIL

6.7. BANKING & FINANCIAL INSTITUTIONS

6.8. TRANSPORTATION

6.9. HOSPITALITY

6.10. OTHER VERTICALS

7.    LATIN AMERICA PARKING MANAGEMENT MARKET - REGIONAL OUTLOOK

7.1. BRAZIL

7.2. MEXICO

7.3. REST OF LATIN AMERICA

8.    COMPETITIVE LANDSCAPE

8.1. 3M COMPANY

8.2. AMANO MCGANN, INC.

8.3. CISCO SYSTEMS, INC.

8.4. CUBIC CORPORATION

8.5. DEUTSCHE TELEKOM AG

8.6. GEMALTO N.V.

8.7. HCL INFOTECH LTD.

8.8. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

8.9. INDIGO

8.10. INRIX, INC.

8.11. KAPSCH TRAFFICCOM AG

8.12. MSR-TRAFFIC

8.13. NEDAP MOBILITY SOLUTIONS

8.14. ON TRACK INNOVATIONS (OTI), LTD.

8.15. ORANGE BUSINESS SERVICES

8.16. PARKME

8.17. PARKOPEDIA

8.18. Q-FREE A.S.A.

8.19. SERCO GROUP PLC

8.20. SIEMENS AG

8.21. SKIDATA AG

8.22. SWARCO AG

8.23. SYNAPT (DIVISION OF PRODAPT)

8.24. T2 SYSTEMS, INC.

8.25. XEROX CORPORATION

9.    METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1. LATIN AMERICA PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS MATRIX

TABLE 3. VENDOR SCORECARD

TABLE 4. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE, 2019-2027 (IN $ MILLION)

TABLE 5. LATIN AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE & SERVICE, 2019-2027 (IN $ MILLION)

TABLE 6. LATIN AMERICA PARKING MANAGEMENT MARKET, BY SOLUTIONS, 2019-2027 (IN $ MILLION)

TABLE 7. LATIN AMERICA PARKING MANAGEMENT MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 8. LATIN AMERICA PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1. LATIN AMERICA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 2. PORTER’S FIVE FORCE ANALYSIS

FIGURE 3. LATIN AMERICA PARKING MANAGEMENT MARKET, BY OFF-STREET PARKING, 2019-2027 (IN $ MILLION)

FIGURE 4. LATIN AMERICA PARKING MANAGEMENT MARKET, BY ON-STREET PARKING, 2019-2027 (IN $ MILLION)

FIGURE 5. LATIN AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)        

FIGURE 6. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PROFESSIONAL SERVICES, 2019-2027 (IN $ MILLION)  

FIGURE 7. LATIN AMERICA PARKING MANAGEMENT MARKET, BY ACCESS CONTROL, 2019-2027 (IN $ MILLION)          

FIGURE 8. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PARKING GUIDANCE & SLOT MANAGEMENT, 2019-2027 (IN $ MILLION)      

FIGURE 9. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PARKING RESERVATION MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 10. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE & REVENUE MANAGEMENT, 2019-2027 (IN $ MILLION)         

FIGURE 11. LATIN AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE ENFORCEMENT & PERMIT MANAGEMENT, 2019-2027 (IN $ MILLION) 

FIGURE 12. LATIN AMERICA PARKING MANAGEMENT MARKET, BY VALET PARKING MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 13. LATIN AMERICA PARKING MANAGEMENT MARKET, BY SECURITY & SURVEILLANCE, 2019-2027 (IN $ MILLION)   

FIGURE 14. LATIN AMERICA PARKING MANAGEMENT MARKET, BY GOVERNMENT & MUNICIPALITIES, 2019-2027 (IN $ MILLION)  

FIGURE 15. LATIN AMERICA PARKING MANAGEMENT MARKET, BY RECREATION, 2019-2027 (IN $ MILLION)        

FIGURE 16. LATIN AMERICA PARKING MANAGEMENT MARKET, BY CORPORATE & COMMERCIAL PARKS, 2019-2027 (IN $ MILLION)    

FIGURE 17. LATIN AMERICA PARKING MANAGEMENT MARKET, BY ACADEMIA, 2019-2027 (IN $ MILLION)        

FIGURE 18. LATIN AMERICA PARKING MANAGEMENT MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)          

FIGURE 19. LATIN AMERICA PARKING MANAGEMENT MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)

FIGURE 20. LATIN AMERICA PARKING MANAGEMENT MARKET, BY BANKING & FINANCIAL INSTITUTIONS, 2019-2027 (IN $ MILLION)      

FIGURE 21. LATIN AMERICA PARKING MANAGEMENT MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)

FIGURE 22. LATIN AMERICA PARKING MANAGEMENT MARKET, BY HOSPITALITY, 2019-2027 (IN $ MILLION)        

FIGURE 23. LATIN AMERICA PARKING MANAGEMENT MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)

FIGURE 24. LATIN AMERICA PARKING MANAGEMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)          

FIGURE 25. BRAZIL PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)  

FIGURE 26. MEXICO PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27. REST OF LATIN AMERICA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

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