Parking Management Market to Reach US$ 5.15 Billion by 2023 | Conduent , Amano Corporation, Q-Free ASA, Q-Free ASA, Streetline , SWARCO, T2 Systems and Others.

The Global Parking Management Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Parking Management Market report spread across 130 Pages, Profiling 21 Companies and Supported with 66 Tables and 34 Figures are now available in this Research report.

The Parking Management Market size is expected to grow from US$ 3.39 Billion in 2018 to US$ 5.15 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. Download Here Free Sample Research Report of Parking Management Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1526530 .

Parking Management Market Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2023. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

“Cloud Deployment type is expected to grow at a higher rate during the forecast period”
The Cloud Deployment Type is expected to record a higher growth rate during the forecast period. The cloud-based solutions are cost-effective and easily scalable as per business requirements. These advantages encourage companies to adopt cloud-based parking management solutions. Cloud-based solutions facilitate organizations with scalability and the ease of accessibility of organizational content, regardless of employees’ location, thereby helping with business continuity. Cloud-based solutions are widely adopted in the developing countries.

“Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period”
As Per the Geographic Analysis, the APAC region is expected to witness the fastest growth in the parking management market due to the rapid adoption of advanced technologies and increasing urabnization in developing countries.In addition to this, various smart city projects have been rolled out in the APAC region to enhance the citizen services. These smart city projects address infrastructure, transit, utilities, and connectivity challenges.Parking management is the center stage of all these smart cities projects.

Report Highlights:
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments of the market

• To forecast the size of the market segments with respect to the 5 main regions, namely, North America, Europe, Latin America, Asia Pacific (APAC), and Middle East and Africa (MEA)

• To analyze each submarket with respect to the individual growth trends, prospects, and contributions to the total market

• To determine and forecast the global parking management market on the basis of types (solutions and services), deployment types, parking site, and regions from 2018 to 2023, and analyze the various macro and microeconomic factors that affect the market growth

• To track and analyze the competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market

Most Popular Companies in the Parking Management Market include are Conduent (US), Amano Corporation (Japan), Q-Free ASA (Norway), Indigo Park Services (UK)), Streetline (US), SWARCO (Austria), T2 Systems (US), SKIDATA (Austria), Flowbird Group (France), INRIX (US), Chetu (US), Flashparking (US), Parkmobile (US), Passport (US), SpotHero (US), TIBA Parking Systems (US), Urbiotica (Spain), Smart Parking (Australia), SAP (Germany), Siemens (Germany), APCOA (US), Bosch Mobility Solutions (Germany), GET MY PARKING (India), Nester(UAE), NuPark (US)

Target Audience for Parking Management Market: Government agencies, Compliance regulatory authorities, Information Technology (IT) companies, Investors and Venture Capitalists (VCs), Parking Management Startups, System integrators, Value-Added Resellers (VARs) and distributors.

Competitive Landscape of Parking Management Market:
Overview
Market Ranking Analysis
Competitive Scenario
New Product Launches
Business Expansions
Mergers and Acquisitions
Agreements and Partnerships

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