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The publisher has been monitoring the parking management solutions market and it is poised to grow by $ 3.44 bn during 2022-2026, accelerating at a CAGR of 7.87% during the forecast period. The report on the parking management solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing number of vehicles on the road, the need for convenient and assured parking, and growth in smart parking deployment projects.
The parking management solutions market analysis includes product and type segments and geographic landscape.
The analyst's parking management solutions market is segmented as below:
By Product:
- Revenue management
- Security and surveillance
- Access control
- Reservation management
- Others
By Type:
- Off-street parking
- On-street parking
By Geographical Landscape:
- North America
- Europe
- APAC
- The Middle East and Africa
- South America
This study identifies the introduction of innovative products and services as one of the prime reasons driving the parking management solutions market growth during the next few years. Also, the use of lpwan technologies and the introduction of automatic valet parking will lead to sizable demand in the market.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on the parking management solutions market covers the following areas:
- Parking management solutions market sizing
- Parking management solutions market forecast
- Parking management solutions market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading parking management solutions market vendors that include ABM Industries Inc., Amano Corp., APCOA PARKING Holdings GmbH, Chetu Inc., Cisco Systems Inc., Conduent Inc., Hangzhou Hikvision Digital Technology Co. Ltd., IDeaS, INRIX Inc., Intercomp Spa, IPS Group Inc., Kapsch TrafficCom AG, Kudelski SA, Nedap NV, Nimble Planet Ltd., ParknSecure Pvt. Ltd., Passport Labs Inc, Robert Bosch GmbH, Siemens AG, SWARCO AG, T2 Systems, TIBA PARKING SYSTEMS, and URBIOTICA. Also, the parking management solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global parking management solutions market: ABM Industries Inc., Amano Corp., APCOA PARKING Holdings GmbH, Chetu Inc., Cisco Systems Inc., Conduent Inc., Hangzhou Hikvision Digital Technology Co. Ltd., IDeaS, INRIX Inc., Intercomp Spa, IPS Group Inc., Kapsch TrafficCom AG, Kudelski SA, Nedap NV, Nimble Planet Ltd., ParknSecure Pvt. Ltd., Passport Labs Inc, Robert Bosch GmbH, Siemens AG, SWARCO AG, T2 Systems, TIBA PARKING SYSTEMS, and URBIOTICA.Commenting on the report, an analyst said: "The latest trend gaining momentum in the market is the introduction of innovative products and services."
According to the report , one of the major drivers of this market is the increasing number of vehicles on the road.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABM Industries Inc.
- Amano Corp.
- APCOA PARKING Holdings GmbH
- Chetu Inc.
- Cisco Systems Inc.
- Conduent Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- IDeaS
- INRIX Inc.
- Intercomp Spa
- IPS Group Inc.
- Kapsch TrafficCom AG