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New Innovation In Smart Parking Market With Worldwide Key Players: Amano Mcgann, Inc., Urbiotica, Smart Parking Ltd., IEM SA, IPS Group Inc., Klaus Multiparking Systems, Swarco AG, PArklayer, Omnitec group, Dongyang Menics Co. Ltd, Skidata AG, Mindteck

01-12-2019 06:21 PM CET | Tourism, Cars, Traffic

Press release from: The Research Insights

New Innovation In Smart Parking Market With Worldwide Key

This Smart Parking technology uses different types of sensors as a hardware component in the parking slot to detect presence or absence of the vehicles. Smart parking system provides real time data information regarding the availability of nearby parking space and allows driver to accommodate that slot without any interference of other vehicles.

Increased Smart Parking worldwide, increased demand for Internet of Things (IoT) -based technologies, and higher adoption rates for vehicles will increase demand for the global smart parking market. However, high employment costs and configuration complexity inhibit market growth. In addition, increased investment in unmanned vehicle construction and government initiatives to build smart cities around the world are expected to create tremendous opportunities for market growth.

Request Sample Copy for Information at: https://www.theresearchinsights.com/request_sample.php?id=5392

The key players profiled in the report include Amano Mcgann, Inc., Urbiotica, Smart Parking Ltd., IEM SA, IPS Group Inc., Klaus Multiparking Systems, Swarco AG, PArklayer, Omnitec group, Dongyang Menics Co. Ltd, Skidata AG, and Mindteck.

The report aims to provide an overview of global Smart Parking with detailed market segmentation by product, application and geography. The global Smart Parking market is expected to witness high growth during the forecast period. The highest market value and is expected to register an estimated CAGR of +12% during the forecast period.

Various factors are responsible for the market’s growth, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Smart Parking market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Smart Parking market’s trajectory between forecast periods.

The global smart parking market is segmented based on type, component, technology, application, end user, and region. Based on type, it is bifurcated into off-street and on-street. Based on technology, it is classified into IoT, ultrasonic, and RFID. Based on application, it is divided as security & surveillance, smart payment system, E parking, and license plate recognition. Based on end user, it is studied across commercial and government

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https://www.theresearchinsights.com/checkout?id=5392

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information, and applies a number of industry-best techniques upon the data for projecting the future state of the global Specialty Smart Parking market. Based on current market development, the report includes an analysis of how activities such as mergers and shapes the market’s future.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments,
sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges,
Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market
estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent
developments
- Supply chain trends mapping the latest technological advancement

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About us
The Research Insights – A global leader in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies. Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.

Contact us
Robin
Sales manager
Contact number: +91-996-067-0000
sales@theresearchinsights.com

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