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Global Parking Reservation System Market - By Parking Site , Industry, Geography, Trends, Forecast - 2017 - 2022

  • ID: 4388062
  • Report
  • Region: Global
  • 125 pages
  • Mordor Intelligence
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The Global Parking Reservation System market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 - 2022. Parking Reservation Systems are parking solutions which provide the users real time updates about the available parking spaces. Scarcity of parking spaces has become a worldwide problem mainly due to the increasing number of vehicles on the road. Parking concerns are increasing at an incredible speed. Apart from less traffic cramming, parking reservation system also reduces fuel wastage, and provides extra security for the vehicles. Parking management systems have witnessed a substantial amount of change by introducing cashless payments, real time parking space information, parking sensors etc. This has helped in the rapid growth of smart parking management solutions which in turn have increased their demands globally.

Rising disposable income among consumers, along with increasing global population and rising need for smart city projects are some of the factors that have fuelled this market.

The Global Parking Reservation System Market has been segmented on the basis of parking site, components, solutions, verticals and geography.

On the basis of parking site, the market has been divided into:

On-street parking

Off-Street Parking.

On the basis of components the market has been segmented into:

Parking software

System devices and other professional devices.

Parking reservations can be done on the basis of three major solutions i.e.,

Web based solutions

Mobile-applications based

Voice call based.

Among these three solutions, mobile-application based solutions are more popular among users since it offers easiness to book and park with the help of smart phone technology. On the basis of verticals, the market can be divided into




Commercial and many others.

Geographically, the global parking reservation system market can be divided into five major regions namely,

North America

Latin America


Middle East and Africa

Asia Pacific.

North America has the largest market share among other regions. Asia Pacific, especially countries like India, and China have the highest potential to grow in the forecast period.

Key Players in the market are IBM Corporation, Siemens, Xerox, 3M, Swarco Corporation, Skidata, and many others.
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Current Market Scenario
3.2 Application of Parking Reservation System Market
3.3 Factors Driving the market
3.4 Factors Restraining the marketing
3.5 Opportunities
3.6 Technology Snapshot
3.7 Porter's Five Forces
3.7.1 Bargaining Power of Suppliers
3.7.2 Bargaining Power of Consumers
3.7.3 Threat of New Entrants
3.7.4 Threat of Substitute Products and Services
3.7.5 Competitve Rivalry Within Industry
4. Global Parking Reservation System Market Segmentation- By Parking Site
4.1 On-Street Parking
4.2 Off- Street Parking
5. Global Parking Reservation System Market Segmentation- By Components
5.1 Parking Software
5.1.1 Payment Systems
5.1.2 Information and Management Systems
5.2 System Devices
5.2.1 Parking Meters
5.2.2 Surveillance Cameras
5.2.3 Ultrasonic Occupancy Sensors
5.2.4 Automatic Gates
5.2.5 Others
5.3 Other Services
5.3.1 Maintenance and Support
6. Global Parking Reservation System Market Segmentation- By Solutions
6.1 Web Based
6.2 Mobile-Applications Based
6.3 Voice call based
7. Global Parking Reservation System Market Segmentation- By Verticals
7.1 Government
7.2 Healthcare
7.3 Retail
7.4 Academics
7.5 Others
8. Global Parking Reservation System Market Segmentation- By Geography
8.1 North America
8.2 Europe
8.3 Latin America
8.4 Asia Pacific
8.5 Middle East and Africa
9. Vendor Market Share by Global Parking Reservation System Market
10. Company Profiles (Company Overview, Major Products, Company Finances, Recent Developments)
10.1 IBM
10.2 Siemens
10.3 Xerox
10.4 3M
10.5 Kapsch
10.6 Swarco Corporation
10.7 Skidata
10.8 T2 Systems
10.9 Amano Corporation
10.10 Cubic Corporation
10.12 Standard Parking Corporation
10.13 KVH Industries
Note: Product cover images may vary from those shown
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