Hybrid Smart Parking Platform Market : A Well-Defined Technological Growth Map With An Impact-Analysis To 2025 | Streetline, Libelium, Tata Elxsi, IPS Group, Kapsch TrafficCom, NuPark

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Smart parking solutions are a need for today owing to the increasing number of vehicles and the lack of parking spaces. Many companies are investing into the smart parking management market. Streetline has been recognized by Frost & Sullivan with the global product line strategy leadership award for the year 2016. Streetline uses machine learning techniques to deploy hybrid smart parking platform in order to merge data that is collected for real time parking guidance and analytics. Streetline is considered to be a world leader in smart parking solutions and management.

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Hybrid smart parking platform market has been segmented on the basis of component, parking type, solution and application. The parking type segment is further bifurcated into on street parking and off street parking. On street parking refers to parking of vehicles along the streets whereas off street parking refers to parking of vehicles in the garages and parking lots. This is owning to the growing demand for smart city solutions and increasing need for parking space management in order to avoid traffic congestion and maintain better air quality by reducing the traffic problems.

Hybrid smart parking platform helps in optimizing parking resources with continuous streaming of data from streets. It offers real time analysis of data and accurate results on parking occupancy based on multiple data sources.

The global Hybrid Smart Parking Platform market is valued at 790 million US$ in 2018 is expected to reach 2830 million US$ by the end of 2025, growing at a CAGR of 17.4% during 2019-2025.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Streetline
Libelium
Tata Elxsi
IPS Group
Kapsch TrafficCom
NuPark
Siemens
Robert Bosch
Huawei Technologies
Acer

Segment by Regions
North America
Europe
China
Japan

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Segment by Type
Hardware
Software
Service

Segment by Application
Government
Residential
Commercial

List of Tables and Figures

Figure Picture of Hybrid Smart Parking Platform
Table Global Hybrid Smart Parking Platform Production (K Units) Growth Rate Comparison by Types (2014-2025)
Figure Global Hybrid Smart Parking Platform Production Market Share by Types in 2018
Figure Hardware Product Picture
Table Hardware Major Manufacturers
Figure Software Product Picture
Table Software Major Manufacturers
Figure Service Product Picture

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