| Product Code: ETC5407794 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cameroon parking meter import market saw significant growth in 2023, with top exporters including France, Ivory Coast, China, USA, and UK. The market concentration shifted from low to moderate, indicating increased competition. The impressive Compound Annual Growth Rate (CAGR) of 77.76% reflects a booming industry, while the growth rate of 244.73% highlights the rapid expansion of parking meter imports in Cameroon. This data suggests a dynamic and evolving market with opportunities for both domestic and international players to capitalize on the growing demand for parking solutions in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cameroon Parking Meter Market Overview |
3.1 Cameroon Country Macro Economic Indicators |
3.2 Cameroon Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Cameroon Parking Meter Market - Industry Life Cycle |
3.4 Cameroon Parking Meter Market - Porter's Five Forces |
3.5 Cameroon Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Cameroon Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cameroon Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Cameroon Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization in Cameroon leading to higher vehicle ownership and congestion, driving the demand for organized parking solutions. |
4.2.2 Government initiatives to improve urban infrastructure and transportation systems, including parking facilities, boosting the adoption of parking meters. |
4.2.3 Growing awareness about the benefits of efficient parking management in reducing traffic congestion and improving city aesthetics. |
4.3 Market Restraints |
4.3.1 Economic challenges and fluctuating GDP growth in Cameroon affecting government budgets for infrastructure development, potentially limiting investments in parking meter projects. |
4.3.2 Limited public awareness and acceptance of paid parking systems, hindering the widespread adoption of parking meters. |
4.3.3 Lack of skilled workforce and technical expertise for installation, maintenance, and management of parking meters, impacting the growth of the market. |
5 Cameroon Parking Meter Market Trends |
6 Cameroon Parking Meter Market Segmentations |
6.1 Cameroon Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Cameroon Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Cameroon Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Cameroon Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Cameroon Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cameroon Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Cameroon Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Cameroon Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Cameroon Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Cameroon Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cameroon Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Cameroon Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Cameroon Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Cameroon Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Cameroon Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Cameroon Parking Meter Market Import-Export Trade Statistics |
7.1 Cameroon Parking Meter Market Export to Major Countries |
7.2 Cameroon Parking Meter Market Imports from Major Countries |
8 Cameroon Parking Meter Market Key Performance Indicators |
8.1 Average occupancy rate of parking spaces equipped with meters. |
8.2 Percentage increase in revenue generated from parking fees collected through meters. |
8.3 Number of parking violations recorded and penalties imposed for non-compliance with parking regulations. |
8.4 Percentage of customer satisfaction with parking services provided through meters. |
8.5 Rate of expansion of parking meter installations in key urban areas. |
9 Cameroon Parking Meter Market - Opportunity Assessment |
9.1 Cameroon Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Cameroon Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cameroon Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Cameroon Parking Meter Market - Competitive Landscape |
10.1 Cameroon Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Cameroon Parking Meter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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