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The parking management market is forecasted to grow by USD 3.38 bn during 2023-2028, accelerating at a CAGR of 11.52% during the forecast period. The report on the parking management 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing need for convenient and assured parking, the increasing number of vehicles on the road, and the growth in smart parking deployment projects.
The parking management market is segmented as below:
By Component
- Solutions
- Services
By Deployment
- On-premises
- Cloud
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the parking management market covers the following areas:
- Parking management market sizing
- Parking management market forecast
- Parking management market industry analysis
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 report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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 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 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global parking management market: ABM Industries Inc., Alf Mizzi and Sons Ltd., Amano Corp., APCOA PARKING Holdings GmbH, Chetu Inc., Cisco Systems Inc., Conduent Inc., Hangzhou Hikvision Digital Technology Co. Ltd., INRIX Inc., IPS Group Inc., Kapsch TrafficCom AG, Kudelski SA, Nimble Planet Ltd., ParknSecure Pvt. Ltd., Passport Labs Inc, Robert Bosch GmbH, SAS Institute Inc., Siemens AG, SWARCO AG, and T2 Systems.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the deployment of LPWAN technologies in parking management."
According to the report, one of the major drivers for this market is the increasing need for convenient and assured parking.
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.
- Alf Mizzi and Sons Ltd.
- Amano Corp.
- APCOA PARKING Holdings GmbH
- Chetu Inc.
- Cisco Systems Inc.
- Conduent Inc.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- INRIX Inc.
- IPS Group Inc.
- Kapsch TrafficCom AG
- Kudelski SA
- Nimble Planet Ltd.
- ParknSecure Pvt. Ltd.
- Passport Labs Inc
- Robert Bosch GmbH
- SAS Institute Inc.
- Siemens AG
- SWARCO AG
- T2 Systems
