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Global Parking Management Market 2019-2027

  • ID: 4827804
  • Report
  • Region: Global
  • 154 pages
  • Triton Market Research
OFF
until Jan 31st 2020
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FEATURED COMPANIES

  • 3M Company
  • Cubic Corporation
  • Hcl Infotech Ltd.
  • Kapsch Trafficcom AG
  • Orange Business Services
  • Q-Free A.S.A.
  • MORE

Market Outlook

The research report estimates the global market for parking management to snowball with a compound annual growth rate of 11.68% in the forecast years of 2019-2027. The parking management market deals with the efficient utilization of parking space and available resources with the help of parking management systems. Parking management offers the users to quickly search parking spots and provide guidance to enhance the visitors’ experience by making the whole process smooth. Information technology companies, city infrastructure suppliers, telecommunications providers and service companies are investing in smart parking technology. Smart parking solution providers, mobile payment companies and parking data aggregators are improving the smart parking technology. The introduction of real-time information in parking management, increased number of automotive thefts, growing necessity of eliminating traffic jams and the evolving automotive industry have been instrumental in driving the growth of the market. However, restraints such as high costs of implementation and difficulties in upgradation of old-fashioned parking places are hampering the market growth. Opportunities such as growing smart city projects across the globe, optimal utilization of space and the emergence of advanced LPR technology aid in market growth. The market is facing challenges like costs associated with licensing & maintenance and the high cost for training the workforce at the moment.

Regional Outlook
The global market for parking management spans across five major regions of the globe: the Asia-Pacific, North America, Europe, Latin America and the Middle East and Africa. The Asia-Pacific parking management market is the fastest-growing market in the world with the highest CAGR. India is amongst the fastest-growing parking management markets across the globe. Increasing investments in infrastructure projects, increasing incidence of car thefts, expanding automotive industry and presence of a large pool of IT vendors are the main drivers of this market in India. The parking management market in Japan is showing strong growth. The increasing number of vehicles, the rising number of infrastructure projects, the growing demand for technology integration for sustainable infrastructure management and the Tokyo Olympics 2020 are the factors driving the market in Japan.

Competitive Outlook
The companies that have been mentioned in the market report are Xerox Corporation, T2 Systems, Inc., Synapt (division of Prodapt), Swarco AG, SKIDATA AG, Siemens AG, Serco Group Plc, Q-Free A.S.A., Parkopedia, ParkMe, Orange Business Services, On Track Innovations (OTI) Ltd., Nedap Mobility Solutions, MSR-Traffic, Kapsch Trafficcom AG, INRIX, Inc., Indigo, International Business Machines Corporation (IBM), HCL Infotech Ltd., Gemalto N.V., Deutsche Telekom AG, Cubic Corporation, Cisco Systems, Inc., Amano McGann, Inc. and 3M Company.

International Business Machines Corporation (IBM) is an integrated IT company that offers cloud & cognitive offerings, systems & financing solutions, EAS and delivery, consulting and implementation services. IBM is based in the US and operates in countries across Europe, Latin America, North America, the Middle East, Africa and APAC. The company reported revenues of US $79,919 million for FY2016, with a decrease of 2.2% over FY2015. IBM is a leader in the application infrastructure and middleware market. The company’s focus on research and development will help it to reach new market areas. In January 2017, IBM completed the acquisition of Agile 3 Solutions, a provider of dashboard and intuitive data risk control center.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • 3M Company
  • Cubic Corporation
  • Hcl Infotech Ltd.
  • Kapsch Trafficcom AG
  • Orange Business Services
  • Q-Free A.S.A.
  • MORE
1. Global Parking Management Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.3. Porter's Five Force Analysis
2.4. Market Attractiveness Matrix
2.5. Vendor Scorecard
2.6. Key Impact Analysis
2.7. Market Drivers
2.7.1. Evolving Automotive Industry
2.7.2. Growing Necessity of Eliminating Traffic Jams
2.7.3. Increased Number of Automotive Thefts
2.7.4. Introduction of Real-Time Information in Parking Management
2.8. Market Restraints
2.8.1. High Implementation Costs
2.8.2. Difficulties in Upgradation of Old-Fashioned Parking Places
2.9. Market Opportunities
2.9.1. Emergence of Advanced License Plate Recognition (Lpr) Technology
2.9.2. Growing Smart City Projects Across the Globe
2.9.3. Optimal Utilization of Space
2.10. Market Challenges
2.10.1. High Cost of Workforce Training
2.10.2. Costs Associated With Licensing and Maintenance

3. Global Parking Management Market Outlook - by Parking Site Type
3.1. Off-Street Parking
3.2. On-Street Parking

4. Global Parking Management Market Outlook - by Software & Service
4.1. Software
4.2. Professional Services

5. Global Parking Management Market Outlook - by Solution
5.1. Access Control
5.2. Parking Guidance & Slot Management
5.3. Parking Reservation Management
5.4. Parking Fee & Revenue Management
5.5. Parking Fee Enforcement & Permit Management
5.6. Valet Parking Management
5.7. Security & Surveillance

6. Global Parking Management Market Outlook - by Verticals
6.1. Government & Municipalities
6.2. Recreation
6.3. Corporate & Commercial Parks
6.4. Academia
6.5. Healthcare
6.6. Retail
6.7. Banking & Financial Institutions
6.8. Transportation
6.9. Hospitality
6.10. Other Verticals

7. Global Parking Management Market - Regional Outlook
7.1. North America
7.1.1. Market by Parking Site Type
7.1.2. Market by Software & Service
7.1.3. Market by Solutions
7.1.4. Market by Verticals
7.1.5. Country Analysis
7.1.5.1. United States
7.1.5.2. Canada
7.2. Europe
7.2.1. Market by Parking Site Type
7.2.2. Market by Software & Service
7.2.3. Market by Solutions
7.2.4. Market by Verticals
7.2.5. Country Analysis
7.2.5.1. United Kingdom
7.2.5.2. Germany
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Spain
7.2.5.6. Russia
7.2.5.7. Rest of Europe
7.3. Asia-Pacific
7.3.1. Market by Parking Site Type
7.3.2. Market by Software & Service
7.3.3. Market by Solutions
7.3.4. Market by Verticals
7.3.5. Country Analysis
7.3.5.1. China
7.3.5.2. Japan
7.3.5.3. India
7.3.5.4. South Korea
7.3.5.5. Asean Countries
7.3.5.6. Australia & New Zealand
7.3.5.7. Rest of Asia-Pacific
7.4. Latin America
7.4.1. Market by Parking Site Type
7.4.2. Market by Software & Service
7.4.3. Market by Solutions
7.4.4. Market by Verticals
7.4.5. Country Analysis
7.4.5.1. Brazil
7.4.5.2. Mexico
7.4.5.3. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Market by Parking Site Type
7.5.2. Market by Software & Service
7.5.3. Market by Solutions
7.5.4. Market by Verticals
7.5.5. Country Analysis
7.5.5.1. United Arab Emirates
7.5.5.2. Turkey
7.5.5.3. Saudi Arabia
7.5.5.4. South Africa
7.5.5.5. Rest of Middle East & Africa

8. Competitive Landscape
8.1. 3M Company
8.2. Amano Mcgann, Inc.
8.3. Cisco Systems, Inc.
8.4. Cubic Corporation
8.5. Deutsche Telekom AG
8.6. Gemalto N.V.
8.7. Hcl Infotech Ltd.
8.8. International Business Machines Corporation (Ibm)
8.9. Indigo
8.10. Inrix, Inc.
8.11. Kapsch Trafficcom AG
8.12. Msr-Traffic
8.13. Nedap Mobility Solutions
8.14. on Track Innovations (Oti) Ltd.
8.15. Orange Business Services
8.16. Parkme
8.17. Parkopedia
8.18. Q-Free A.S.A.
8.19. Serco Group plc
8.20. Siemens AG
8.21. Skidata AG
8.22. Swarco AG
8.23. Synapt (Division of Prodapt)
8.24. T2 Systems, Inc.
8.25. Xerox Corporation

9. Methodology & Scope
9.1. Research Scope
9.2. Sources of Data
9.3. Research Methodology

List of Tables
Table 1. Global Parking Management Market, Regional Outlook, 2019-2027 (In $ Million)
Table 2. Market Attractiveness Matrix
Table 3. Vendor Scorecard
Table 4. Global Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 5. Global Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 6. Global Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 7. Global Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 8. Global Parking Management Market, Regional Outlook, 2019-2027 (In $ Million)
Table 9. North America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 10. North America Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 11. North America Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 12. North America Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 13. North America Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 14. Europe Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 15. Europe Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 16. Europe Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 17. Europe Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 18. Europe Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 19. Asia-Pacific Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 20. Asia-Pacific Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 21. Asia-Pacific Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 22. Asia-Pacific Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 23. Asia-Pacific Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 24. Latin America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 25. Latin America Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 26. Latin America Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 27. Latin America Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 28. Latin America Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 29. Middle East and Africa Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 30. Middle East and Africa Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 31. Middle East and Africa Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 32. Middle East and Africa Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 33. Middle East and Africa Parking Management Market, by Verticals, 2019-2027 (In $ Million)

List of Figures
Figure 1. Global Parking Management Market, 2019-2027 (In $ Million)
Figure 2. Porter's Five Force Analysis
Figure 3. Global Parking Management Market, by Off-Street Parking, 2019-2027 (In $ Million)
Figure 4. Global Parking Management Market, by On-Street Parking, 2019-2027 (In $ Million)
Figure 5. Global Parking Management Market, by Software, 2019-2027 (In $ Million)
Figure 6. Global Parking Management Market, by Professional Services, 2019-2027 (In $ Million)
Figure 7. Global Parking Management Market, by Access Control, 2019-2027 (In $ Million)
Figure 8. Global Parking Management Market, by Parking Guidance & Slot Management, 2019-2027 (In $ Million)
Figure 9. Global Parking Management Market, by Parking Reservation Management, 2019-2027 (In $ Million)
Figure 10. Global Parking Management Market, by Parking Fee & Revenue Management, 2019-2027 (In $ Million)
Figure 11. Global Parking Management Market, by Parking Fee Enforcement & Permit Management, 2019-2027 (In $ Million)
Figure 12. Global Parking Management Market, by Valet Parking Management, 2019-2027 (In $ Million)
Figure 13. Global Parking Management Market, by Security & Surveillance, 2019-2027 (In $ Million)
Figure 14. Global Parking Management Market, by Government & Municipalities, 2019-2027 (In $ Million)
Figure 15. Global Parking Management Market, by Recreation, 2019-2027 (In $ Million)
Figure 16. Global Parking Management Market, by Corporate & Commercial Parks, 2019-2027 (In $ Million)
Figure 17. Global Parking Management Market, by Academia, 2019-2027 (In $ Million)
Figure 18. Global Parking Management Market, by Healthcare, 2019-2027 (In $ Million)
Figure 19. Global Parking Management Market, by Retail, 2019-2027 (In $ Million)
Figure 20. Global Parking Management Market, by Banking & Financial Institutions, 2019-2027 (In $ Million)
Figure 21. Global Parking Management Market, by Transportation, 2019-2027 (In $ Million)
Figure 22. Global Parking Management Market, by Hospitality, 2019-2027 (In $ Million)
Figure 23. Global Parking Management Market, by Other Verticals, 2019-2027 (In $ Million)
Figure 24. Global Parking Management Market, Regional Outlook, 2018 & 2027 (In %)
Figure 25. United States Parking Management Market, 2019-2027 (In $ Million)
Figure 26. Canada Parking Management Market, 2019-2027 (In $ Million)
Figure 27. United Kingdom Parking Management Market, 2019-2027 (In $ Million)
Figure 28. Germany Parking Management Market, 2019-2027 (In $ Million)
Figure 29. France Parking Management Market, 2019-2027 (In $ Million)
Figure 30. Italy Parking Management Market, 2019-2027 (In $ Million)
Figure 31. Spain Parking Management Market, 2019-2027 (In $ Million)
Figure 32. Russia Parking Management Market, 2019-2027 (In $ Million)
Figure 33. Rest of Europe Parking Management Market, 2019-2027 (In $ Million)
Figure 34. China Parking Management Market, 2019-2027 (In $ Million)
Figure 35. Japan Parking Management Market, 2019-2027 (In $ Million)
Figure 36. India Parking Management Market, 2019-2027 (In $ Million)
Figure 37. South Korea Parking Management Market, 2019-2027 (In $ Million)
Figure 38. Asean Countries Parking Management Market, 2019-2027 (In $ Million)
Figure 39. Australia & New Zealand Parking Management Market, 2019-2027 (In $ Million)
Figure 40. Rest of Asia-Pacific Parking Management Market, 2019-2027 (In $ Million)
Figure 41. Brazil Parking Management Market, 2019-2027 (In $ Million)
Figure 42. Mexico Parking Management Market, 2019-2027 (In $ Million)
Figure 43. Rest of Latin America Parking Management Market, 2019-2027 (In $ Million)
Figure 44. United Arab Emirates Parking Management Market, 2019-2027 (In $ Million)
Figure 45. Saudi Arabia Parking Management Market, 2019-2027 (In $ Million)
Figure 46. Turkey Parking Management Market, 2019-2027 (In $ Million)
Figure 47. South Africa Parking Management Market, 2019-2027 (In $ Million)
Figure 48. Rest of Middle East & Africa Parking Management Market, 2019-2027 (In $ Million)
Note: Product cover images may vary from those shown
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  • 3M Company
  • Amano Mcgann, Inc.
  • Cisco Systems, Inc.
  • Cubic Corporation
  • Deutsche Telekom AG
  • Gemalto N.V.
  • Hcl Infotech Ltd.
  • International Business Machines Corporation (Ibm)
  • Indigo
  • Inrix, Inc.
  • Kapsch Trafficcom AG
  • Msr-Traffic
  • Nedap Mobility Solutions
  • On Track Innovations (Oti) Ltd.
  • Orange Business Services
  • Parkme
  • Parkopedia
  • Q-Free A.S.A.
  • Serco Group plc
  • Siemens AG
  • Skidata AG
  • Swarco AG
  • Synapt (Division Of Prodapt)
  • T2 Systems, Inc.
  • Xerox Corporation
Note: Product cover images may vary from those shown
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