Press release
Global smart parking systems market is expected to grow from US$ 398.6 million in 2016 to US$ 1462.3 million by 2025
Smart Parking Systems Market
Smart parking systems address critical parking issues, by making it easier for drivers to park their vehicles without wasting time and fuel. Smart parking systems avail their users with real-time information regarding available parking spaces across the city, thereby reducing the traffic congestion caused due to mismanaged parking spaces. Amano Mcgann, Smart Parking Ltd., Xerox, Cisco and Urbiotica are among the major players operating in this market. North America, being a technologically advanced region along with high number vehicle population and congestion in cities, has witnessed highest adoptions of smart parking systems by government & municipalities of various cities. Europe is the second largest adopter of smart parking systems, while APAC region with growing urbanization and increasing technological trends is anticipated to be the fastest growing region globally.
Request a Sample copy of Report: http://bit.ly/2Ip4Vpr
The smart parking systems market report focuses on an in-depth segmentation of Smart parking market based by parking site, components and end-user industry. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user vertical transport facilities sector accounted for the largest share of the smart parking systems market in 2016; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global smart parking systems market with detailed market segmentation. Also, it analyzes the current smart parking systems market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The smart parking systems market report also provide porter’s five forces analysis and SWOT analysis for all company profiled in the smart parking systems market report.
Inquire for Discount on this Report: http://bit.ly/2wMJf4S
North America is one of the prominent regions in smart parking systems market which will contribute highest revenue globally due to technological developments and considerable implementation of smart parking technology in different end - users segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in IT sector will pave the path for increasing adoption and propel the market for smart parking systems. The region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of smart parking systems market include SWARCO AG., Parkmobile, LLC, Xerox Corp., Kapsch, Nedap NV, SKIDATA AG., Urbiotica, Smart Parking Ltd., Cisco Systems, Inc. and Amano Mcgann, Inc. among others.
Browse Complete Report with TOC: http://bit.ly/2KkzFZ9
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: http://www.theinsightpartners.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global smart parking systems market is expected to grow from US$ 398.6 million in 2016 to US$ 1462.3 million by 2025 here
News-ID: 1049471 • Views: …
More Releases from The Insight Partners
Basal Insulin Market Evolves: Biosimilars, Smart Delivery Drive Diabetes Care Ad …
The basal insulin market continues to evolve rapidly, driven by rising diabetes prevalence worldwide and innovative solutions for better glucose control. Leading products like Lantus, Levemir, and Toujeo address needs across Type I Diabetes, Type II Diabetes, Gestational Diabetes, and Prediabetes in hospitals and clinics. This press release explores key growth drivers, trends, and opportunities shaping the future of basal insulin therapies.
The Basal Insulin Market is expected to register a…
Balustrade Market Expansion Fueled by Urbanization, Safety Standards, and Innova …
The balustrade market thrives amid surging global construction and a shift toward aesthetic, secure architectural solutions. Industry leaders highlight how urbanization drives demand for balustrades in residential, commercial, and public projects worldwide.
The Balustrade Market is expected to register a CAGR of 5% from 2025 to 2031.
Download PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00020575/?utm_source=OpenPR&utm_medium=10813
Growth Drivers
Rapid urbanization spurs construction of high-rise buildings, apartments, and infrastructure, necessitating balustrades for staircases, balconies, and walkways to ensure…
Ash Handling System Market Witnesses Robust Expansion Driven by Industrializatio …
The Ash Handling System Market continues to surge forward, propelled by rapid industrialization and heightened environmental awareness across power generation, steel, and waste management sectors. Advanced systems for managing ash from industrial processes are gaining traction as industries prioritize efficient waste handling and regulatory compliance. This growth underscores the sector's pivot toward sustainable operations without compromising productivity.
The Ash Handling System Market is expected to register a CAGR of 5.6% from…
Airport IT Systems Market Advances with Smart Technologies and Operational Effic …
The Airport IT Systems Market continues to evolve rapidly, fueled by the integration of advanced digitalization, IoT, and cloud-based solutions that enhance airport operations and passenger experiences worldwide. Key segments such as Airport Operational Control Centers (AOCC) and Departure Control Systems (DCS) play pivotal roles in streamlining processes for civil and commercial airports, addressing rising air traffic demands through smarter, more connected infrastructures. Leading providers like Amadeus IT Group, IBM,…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
