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North America Parking Management Market 2019-2027

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    Report

  • 83 Pages
  • August 2019
  • Region: North America
  • Triton Market Research
  • ID: 4827816
Market Outlook

According to the author, the North American parking management market will be on the upsurging trend, while rising with CAGR of 10.80% in the estimated period 2019-2027. The countries of the United States and Canada together constitute the parking management market for the North American region. The North American region commands the parking management market globally. The evolution of new business models in the telecom space (value-added services and bundled services) is driving the market. Also, rapid advances in 5G technology in the US are expected to contribute to the smart city market; 5G mobile networks will likely offer high throughput, low latency, and increased data capacity. Around 80% of companies in the United States have been making use of IoT products & services, with the help of data analytics and cloud platforms, for enhancing their business efficiency. This trend is expected to continue during the forecast period. In addition, the US federal government expenditure for the development of cities in the region is rising significantly. The United States is the leading country in accordance with the parking management market in the North American region. The United State is the dominating market due to increase in demand for electricity consumption and rapid growth in the industrialization and urbanization.

Competitive Outlook
Some of the established giants in the parking management market include 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. and Xerox Corporation.

Table of Contents

1. North America 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. North America Parking Management Market Outlook - by Parking Site Type
3.1. Off-Street Parking
3.2. On-Street Parking
4. North America Parking Management Market Outlook - by Software & Service
4.1. Software
4.2. Professional Services
5. North America 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. North America 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. North America Parking Management Market - Regional Outlook
7.1. United States
7.2. Canada
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: North America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
Table 2: Market Attractiveness Matrix
Table 3: Vendor Scorecard
Table 4: North America Parking Management Market, by Parking Site Type, 2019-2027 (In $ Million)
Table 5: North America Parking Management Market, by Software & Service, 2019-2027 (In $ Million)
Table 6: North America Parking Management Market, by Solutions, 2019-2027 (In $ Million)
Table 7: North America Parking Management Market, by Verticals, 2019-2027 (In $ Million)
Table 8: North America Parking Management Market, Country Outlook, 2019-2027 (In $ Million)
List of Figures
Figure 1. North America Parking Management Market, 2019-2027 (In $ Million)
Figure 2. Porter's Five Force Analysis
Figure 3. North America Parking Management Market, by Off-Street Parking, 2019-2027 (In $ Million)
Figure 4. North America Parking Management Market, by On-Street Parking, 2019-2027 (In $ Million)
Figure 5. North America Parking Management Market, by Software, 2019-2027 (In $ Million)
Figure 6. North America Parking Management Market, by Professional Services, 2019-2027 (In $ Million)
Figure 7. North America Parking Management Market, by Access Control, 2019-2027 (In $ Million)
Figure 8. North America Parking Management Market, by Parking Guidance & Slot Management, 2019-2027 (In $ Million)
Figure 9. North America Parking Management Market, by Parking Reservation Management, 2019-2027 (In $ Million)
Figure 10. North America Parking Management Market, by Parking Fee & Revenue Management, 2019-2027 (In $ Million)
Figure 11. North America Parking Management Market, by Parking Fee Enforcement & Permit Management, 2019-2027 (In $ Million)
Figure 12. North America Parking Management Market, by Valet Parking Management, 2019-2027 (In $ Million)
Figure 13. North America Parking Management Market, by Security & Surveillance, 2019-2027 (In $ Million)
Figure 14. North America Parking Management Market, by Government & Municipalities, 2019-2027 (In $ Million)
Figure 15. North America Parking Management Market, by Recreation, 2019-2027 (In $ Million)
Figure 16. North America Parking Management Market, by Corporate & Commercial Parks, 2019-2027 (In $ Million)
Figure 17. North America Parking Management Market, by Academia, 2019-2027 (In $ Million)
Figure 18. North America Parking Management Market, by Healthcare, 2019-2027 (In $ Million)
Figure 19. North America Parking Management Market, by Retail, 2019-2027 (In $ Million)
Figure 20. North America Parking Management Market, by Banking & Financial Institutions, 2019-2027 (In $ Million)
Figure 21. North America Parking Management Market, by Transportation, 2019-2027 (In $ Million)
Figure 22. North America Parking Management Market, by Hospitality, 2019-2027 (In $ Million)
Figure 23. North America Parking Management Market, by Other Verticals, 2019-2027 (In $ Million)
Figure 24. North America 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)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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

Methodology

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