Smart Parking Systems Market growth Analysis IPS Group, Libelium, Comunicaciones, Distribuidas, Nedap PARKEON, Streetline , TransCore and More

Smart parking systems aid the drivers in finding parking spaces. Sensors and smart parking meters track the occupancy of occupancy of parking spaces and send the information to drivers using their Internet of Things (IoT) devices.

Research analysts forecast the Global Smart Parking Systems Market to grow at a CAGR of 21.54% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the smart parking systems market. To calculate the market size, the report considers the growth generated by parking sites such as off-street and on-street.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Smart Parking Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
IPS Group
Libelium Comunicaciones Distribuidas
Nedap
PARKEON
Streetline
TransCore

Market driver
Use of telematics for car parking and tracking
For a full, detailed list, view our report

Market challenge
High deployment cost
For a full, detailed list, view our report

Market trend
Crowdsource parking intelligence
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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