| Product Code: ETC5087264 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The smart parking systems import market in Cameroon saw top exporters in 2023 from France, USA, Italy, China, and Turkey. Despite a high concentration with HHI remaining constant, the market experienced a significant decline with a CAGR of -71.6% and a growth rate of -73.91%. This challenging trend indicates a need for strategic adjustments and innovative solutions in the smart parking industry to revitalize import activities in Cameroon.

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 Smart Parking Systems Market Overview |
3.1 Cameroon Country Macro Economic Indicators |
3.2 Cameroon Smart Parking Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cameroon Smart Parking Systems Market - Industry Life Cycle |
3.4 Cameroon Smart Parking Systems Market - Porter's Five Forces |
3.5 Cameroon Smart Parking Systems Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 Cameroon Smart Parking Systems Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.7 Cameroon Smart Parking Systems Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 Cameroon Smart Parking Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Cameroon Smart Parking Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cameroon Smart Parking Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for smart parking solutions. |
4.2.2 Government initiatives to modernize infrastructure and promote smart city technologies. |
4.2.3 Rising adoption of connected devices and IoT technologies in Cameroon. |
4.2.4 Growing awareness about the benefits of smart parking systems in reducing traffic congestion and improving parking efficiency. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing smart parking systems. |
4.3.2 Lack of skilled workforce and technical expertise for the deployment and maintenance of smart parking solutions. |
4.3.3 Limited availability of suitable infrastructure and parking spaces in certain areas of Cameroon. |
4.3.4 Concerns regarding data privacy and cybersecurity risks associated with smart parking technologies. |
5 Cameroon Smart Parking Systems Market Trends |
6 Cameroon Smart Parking Systems Market Segmentations |
6.1 Cameroon Smart Parking Systems Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 Cameroon Smart Parking Systems Market Revenues & Volume, By Pucks (Wireless Sensors), 2021-2031F |
6.1.3 Cameroon Smart Parking Systems Market Revenues & Volume, By Cameras & LPRs, 2021-2031F |
6.1.4 Cameroon Smart Parking Systems Market Revenues & Volume, By Smart Meters, 2021-2031F |
6.1.5 Cameroon Smart Parking Systems Market Revenues & Volume, By Signage, 2021-2031F |
6.1.6 Cameroon Smart Parking Systems Market Revenues & Volume, By Parking Gates, 2021-2031F |
6.2 Cameroon Smart Parking Systems Market, By Software |
6.2.1 Overview and Analysis |
6.2.2 Cameroon Smart Parking Systems Market Revenues & Volume, By Parking Guidance System, 2021-2031F |
6.2.3 Cameroon Smart Parking Systems Market Revenues & Volume, By Analytics Solutions, 2021-2031F |
6.3 Cameroon Smart Parking Systems Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 Cameroon Smart Parking Systems Market Revenues & Volume, By Consulting Service, 2021-2031F |
6.3.3 Cameroon Smart Parking Systems Market Revenues & Volume, By Engineering Service, 2021-2031F |
6.3.4 Cameroon Smart Parking Systems Market Revenues & Volume, By Mobile App Parking Service, 2021-2031F |
6.4 Cameroon Smart Parking Systems Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Cameroon Smart Parking Systems Market Revenues & Volume, By On-street, 2021-2031F |
6.4.3 Cameroon Smart Parking Systems Market Revenues & Volume, By Off-street, 2021-2031F |
6.5 Cameroon Smart Parking Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cameroon Smart Parking Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Cameroon Smart Parking Systems Market Revenues & Volume, By Government, 2021-2031F |
6.5.4 Cameroon Smart Parking Systems Market Revenues & Volume, By Transport Transit, 2021-2031F |
7 Cameroon Smart Parking Systems Market Import-Export Trade Statistics |
7.1 Cameroon Smart Parking Systems Market Export to Major Countries |
7.2 Cameroon Smart Parking Systems Market Imports from Major Countries |
8 Cameroon Smart Parking Systems Market Key Performance Indicators |
8.1 Average parking occupancy rates in key urban areas. |
8.2 Percentage increase in the number of smart parking installations annually. |
8.3 Average time taken to find parking spaces using smart parking systems. |
8.4 Reduction in traffic congestion and carbon emissions due to the adoption of smart parking solutions. |
8.5 Customer satisfaction levels with the overall smart parking experience. |
9 Cameroon Smart Parking Systems Market - Opportunity Assessment |
9.1 Cameroon Smart Parking Systems Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 Cameroon Smart Parking Systems Market Opportunity Assessment, By Software, 2021 & 2031F |
9.3 Cameroon Smart Parking Systems Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 Cameroon Smart Parking Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Cameroon Smart Parking Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cameroon Smart Parking Systems Market - Competitive Landscape |
10.1 Cameroon Smart Parking Systems Market Revenue Share, By Companies, 2024 |
10.2 Cameroon Smart Parking Systems 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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