South America Electronic Toll Collection System Market Size, Share, and Analysis by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

South America Electronic Toll Collection System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Hardware Equipment and Service), Technology (ANPR, GNSS, DSRC, and Others), and Application (Highways and Urban Zones)

  • Report Date : Nov 2021
  • Report Code : TIPRE00025772
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 109

The electronic toll collection system market in SAM is expected to grow from US$ 312.56 million in 2021 to US$ 550.39 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.

Brazil, and Argentina are major economies in SAM. Mobile and satellites-based GPS systems witness rise in funding is the major factor driving the growth of the SAM electronic toll collection system market. The commercialization of global positioning systems (GPS or GNSS) has substantially broadened its scope of application in various daily activities. For instance, the use of GPS systems installed onboard vehicles could also be utilized for toll collection purposes thereby effectively eliminating the need for any tolling infrastructure or system requirements. Moreover, other benefits such as low cost per transaction, maintainability, accessibility to web-based account and no infrastructure required for integration of new route among other advantages are expected to drive the GPS based toll collection systems. In addition, the availability of cost of sharing the GPS technology owing to sharing of service also lowers the cost of maintenance and operational costs of this systems. Thus, providing a substantial advantage over the existing toll collection systems. However, the recent growing awareness towards data privacy, data protection regulations and its ability to enforce violation are expected to restrict the penetration of this technology to a wider audience. As a result, the post subsequent improvements in data privacy and protection are achieved and regulated by the government, the technology is expected to provide profitable opportunities for the market players.  

SAM countries have been witnessing growth in several industries over the past few years. Industries such as automotive, aerospace, and equipment manufacturing have experienced a fair growth rate. However, the COVID-19 pandemic has affected several sectors, including the toll collection activity. Due to the non-availability of raw materials, the market has been negatively affected. The electronic toll collection includes various semiconductor components, and most of these components are needed to import from other countries. Due to supply chain disruption, the work was halted, which has negatively impacted the market in 2020. Moreover, various governments-imposed lockdowns, resulting in restricted or no movement of people and goods in April and May 2020. However, restrictions have been lifted, and economies are slowly moving toward normal growth. Manufacturing units were hampered due to shutdowns and the availability of raw material and labor as transportation and traveling were restrictions. In 2021, with the release of lockdown measures and the beginning of the vaccination process, raw materials' shipment has started again, and the development of older toll collection systems has resumed. Therefore, this will fuel the growth of the electronic toll collection market in the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM electronic toll collection system market. The SAM electronic toll collection system market is expected to grow at a good CAGR during the forecast period.
25507-img1

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Electronic Toll Collection System Market Segmentation

 

SAM Electronic Toll Collection System Market – By Offering

  • Hardware Equipment
  • Service

SAM Electronic Toll Collection System Market – By Technology

  • ANPR
  • GNSS
  • DSRC
  • Others

SAM Electronic Toll Collection System Market – By Application

  • Highways
  • Urban Area

SAM Electronic Toll Collection System Market, by Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Electronic Toll Collection System Market - Companies Mentioned

  • Conduent, Inc.
  • Efkon GmbH
  • Kapsch Trafficcom AG
  • Siemens AG
  • Thales Group

South America Electronic Toll Collection System Report Scope

Report Attribute Details
Market size in 2021 US$ 312.56 Million
Market Size by 2028 US$ 550.39 Million
Global CAGR (2021 - 2028) 9.3%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Offering
  • Hardware Equipment and Service
By Technology
  • ANPR
  • GNSS
  • DSRC
By Application
  • Highways and Urban Zones
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Conduent, Inc.
  • Efkon GmbH
  • Kapsch Trafficcom AG
  • Siemens AG
  • Thales Group
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    1. Conduent, Inc.
    2. Efkon GmbH
    3. Kapsch Trafficcom AG
    4. Siemens AG
    5. Thales Group
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo