Argentina Smart Transportation Market Overview, 2029

The Argentina Smart Transportation market was valued more than USD 180 Million in 2023.

The Argentinian smart transportation market is relatively young compared to other developed economies. Initial pilot projects emerged around 2010, focusing on Intelligent Transportation Systems (ITS) for traffic management and public transportation ticketing. However, significant growth started around 2015, driven by government initiatives and private sector investments. Argentinians display a strong preference for personal vehicles, with car ownership exceeding the regional average. However, rising fuel costs and urban congestion are driving interest in alternative transportation options like public transport, cycling, and ride-sharing. According to the research report "Argentina Smart Transportation Market Overview, 2029," published by Bonafide Research, the Argentina Smart Transportation market was valued more than USD 180 Million in 2023. This market is propelled by various factors, including government initiatives aimed at tackling congestion, enhancing safety, and fostering economic growth at both national and local levels. Additionally, private sector investment is on the rise as companies recognize the potential of smart transportation solutions to streamline operations and gain a competitive advantage. The pressing need to modernize existing infrastructure further drives demand for upgrades and integration with smart technologies, meeting the growing public demand for improved mobility amidst rising frustrations with traffic congestion and limited transportation options. However, despite its potential, the market faces several challenges. Limited government funding constraints investment in large-scale projects, while outdated infrastructure lacks the technological foundation for advanced smart transportation solutions. Fragmented and unclear regulations pose regulatory hurdles for investors, and the digital divide, alongside cybersecurity concerns, present additional barriers to adoption.

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Solutions such as Traffic Management Systems (TMS) are poised to dominate due to escalating traffic congestion in major cities like Buenos Aires, with subsegments like smart traffic lights and incident management systems showing promise. Integration of Ticketing Management Systems (TMS) with contactless payments and mobile apps is deemed crucial, alongside a projected rise in demand for intermodal ticketing solutions. Similarly, the Parking Management and Guidance System (PMG) sector anticipates increased adoption fueled by the need for efficient parking solutions in urban areas, utilizing innovations like on-street parking sensors and smart parking apps. Integrated Supervision Systems (ISS) are also in demand by government agencies for centralized monitoring and control of transportation networks, necessitating integration with other systems like video surveillance and emergency response. Segmentation by transportation mode highlights the dominance of roadway solutions, including traffic management, parking, and connected cars. Railway solutions focus on enhancing efficiency and safety through automated train control and passenger information systems, while the airway sector, albeit limited in size, shows potential for growth in airport operations management and passenger experience solutions. The maritime market, though nascent, holds promise for port management and logistics optimization solutions. Within services, business services for consulting and integration, professional services for technical support, and maintenance, as well as the growing demand for cloud services for data storage and analytics, are key. Application-wise, Mobility as a Service (MaaS) platforms are gaining traction with the rise of ride-sharing and car-sharing services, while real-time traffic data and navigation apps are essential for route information and guidance. Public transport stands to benefit from smart ticketing and real-time information systems, while transit hubs aim to optimize operations and enhance passenger experience. Connected cars, although currently limited, have growth potential with increasing adoption of autonomous vehicles and advanced driver-assistance systems (ADAS). Furthermore, video management integration with traffic management and security systems, environmental impact solutions, data analytics for predictive maintenance, cybersecurity, and innovative financing models like public-private partnerships are emerging as significant areas of focus in Argentina's smart transportation market.

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Manmayi Raval

Manmayi Raval

Research Consultant

The Policy Framework for smart transportation in Argentina encompasses the National Strategic Plan for Smart Mobility (2018-2030), focusing on implementing intelligent transport solutions in public transport, logistics, and infrastructure, alongside the National Transport Plan (2016-2030), which underscores technology's role in enhancing transport efficiency and safety. Key regulatory bodies such as the Ministry of Transport (MoT), the National Commission for Communications (CNC), and the National Agency for Road Safety (ANSV) play pivotal roles in policy development and enforcement, covering areas like data privacy, cybersecurity, spectrum allocation, standardization, and interoperability. Provincial and Municipal Authorities may impose additional regulations. Concerning certification and restrictions, regulations for connected vehicles and autonomous vehicles (AVs) are in development, with stringent rules requiring government authorization for AV testing and deployment. Telecommunications equipment used in smart transport systems falls under the oversight of the CNC, ensuring compliance with standards. The smart transportation market in Argentina is poised for significant growth in the coming years, driven by increasing investments in smart infrastructure, technological advancements, and government initiatives aimed at improving urban mobility. The integration of emerging technologies such as 5G connectivity, AI-driven traffic management systems, and autonomous vehicles is expected to further accelerate market growth and transform the transportation landscape in Argentina.

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Manmayi Raval

Table of Contents

  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Argentina Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. Argentina Smart Transportation Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Solution
  • 6.3. Market Size and Forecast By Transportation Mode
  • 6.4. Market Size and Forecast By Services
  • 6.5. Market Size and Forecast By Application
  • 7. Argentina Smart Transportation Market Segmentations
  • 7.1. Argentina Smart Transportation Market, By Solution
  • 7.1.1. Argentina Smart Transportation Market Size, By Traffic Management System, 2018-2029
  • 7.1.2. Argentina Smart Transportation Market Size, By Ticketing Management System, 2018-2029
  • 7.1.3. Argentina Smart Transportation Market Size, By Parking Management and Guidance System, 2018-2029
  • 7.1.4. Argentina Smart Transportation Market Size, By Integrated Supervision System, 2018-2029
  • 7.2. Argentina Smart Transportation Market, By Transportation Mode
  • 7.2.1. Argentina Smart Transportation Market Size, By Roadway, 2018-2029
  • 7.2.2. Argentina Smart Transportation Market Size, By Railway, 2018-2029
  • 7.2.3. Argentina Smart Transportation Market Size, By Airway, 2018-2029
  • 7.2.4. Argentina Smart Transportation Market Size, By Maritime, 2018-2029
  • 7.3. Argentina Smart Transportation Market, By Services
  • 7.3.1. Argentina Smart Transportation Market Size, By Business, 2018-2029
  • 7.3.2. Argentina Smart Transportation Market Size, By Professional, 2018-2029
  • 7.3.3. Argentina Smart Transportation Market Size, By Cloud Services, 2018-2029
  • 7.4. Argentina Smart Transportation Market, By Application
  • 7.4.1. Argentina Smart Transportation Market Size, By Mobility as a Service, 2018-2029
  • 7.4.2. Argentina Smart Transportation Market Size, By Route Information and Route Guidance, 2018-2029
  • 7.4.3. Argentina Smart Transportation Market Size, By Public Transport, 2018-2029
  • 7.4.4. Argentina Smart Transportation Market Size, By Transit Hubs, 2018-2029
  • 7.4.5. Argentina Smart Transportation Market Size, By Connected Cars, 2018-2029
  • 7.4.6. Argentina Smart Transportation Market Size, By Video Management, 2018-2029
  • 7.4.7. Argentina Smart Transportation Market Size, By Others, 2018-2029
  • 8. Argentina Smart Transportation Market Opportunity Assessment
  • 8.1. By Solution, 2024 to 2029
  • 8.2. By Transportation Mode, 2024 to 2029
  • 8.3. By Services, 2024 to 2029
  • 8.4. By Application, 2024 to 2029
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

Table 1: Influencing Factors for Argentina Smart Transportation Market, 2023
Table 2: Argentina Smart Transportation Market Size and Forecast By Solution (2018, 2023 & 2029F)
Table 3: Argentina Smart Transportation Market Size and Forecast By Transportation Mode (2018, 2023 & 2029F)
Table 4: Argentina Smart Transportation Market Size and Forecast By Services (2018, 2023 & 2029F)
Table 5: Argentina Smart Transportation Market Size and Forecast By Application (2018, 2023 & 2029F)
Table 6: Argentina Smart Transportation Market Size of Traffic Management System (2018 to 2029) in USD Million
Table 7: Argentina Smart Transportation Market Size of Ticketing Management System (2018 to 2029) in USD Million
Table 8: Argentina Smart Transportation Market Size of Parking Management and Guidance System (2018 to 2029) in USD Million
Table 9: Argentina Smart Transportation Market Size of Integrated Supervision System (2018 to 2029) in USD Million
Table 10: Argentina Smart Transportation Market Size of Roadway (2018 to 2029) in USD Million
Table 11: Argentina Smart Transportation Market Size of Railway (2018 to 2029) in USD Million
Table 12: Argentina Smart Transportation Market Size of Airway (2018 to 2029) in USD Million
Table 13: Argentina Smart Transportation Market Size of Maritime (2018 to 2029) in USD Million
Table 14: Argentina Smart Transportation Market Size of Business (2018 to 2029) in USD Million
Table 15: Argentina Smart Transportation Market Size of Professional (2018 to 2029) in USD Million
Table 16: Argentina Smart Transportation Market Size of Cloud Services (2018 to 2029) in USD Million
Table 17: Argentina Smart Transportation Market Size of Mobility as a Service (2018 to 2029) in USD Million
Table 18: Argentina Smart Transportation Market Size of Route Information and Route Guidance (2018 to 2029) in USD Million
Table 19: Argentina Smart Transportation Market Size of Public Transport (2018 to 2029) in USD Million
Table 20: Argentina Smart Transportation Market Size of Transit Hubs (2018 to 2029) in USD Million
Table 21: Argentina Smart Transportation Market Size of Connected Cars (2018 to 2029) in USD Million
Table 22: Argentina Smart Transportation Market Size of Video Management (2018 to 2029) in USD Million
Table 23: Argentina Smart Transportation Market Size of IGH (2018 to 2029) in USD Million

Figure 1: Argentina Smart Transportation Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Solution
Figure 3: Market Attractiveness Index, By Transportation Mode
Figure 4: Market Attractiveness Index, By Services
Figure 5: Market Attractiveness Index, By Application
Figure 6: Porter's Five Forces of Argentina Smart Transportation Market
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Argentina Smart Transportation Market Overview, 2029

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