Press release
Smart Parking Systems Market Size, Trends, Emerging Growth Factors and Forecasts to 2027 – Cisco Systems, Amano McGann,, Smart Parking Ltd., Urbiotica, Skidata AG, Swarco AG, Parkmobile, , LC, Nedap N.V, Kapsch, Xerox Corp., Parkmobile, LLC, SWARCO AG,
Smart Parking Systems
Smart Parking Systems Market report suffices your search for creating effective business strategies through qualitative and quantitative market analysis for the forecast period 2019 to 2027. The report outlines the necessary market information collected through extensive primary and secondary research to deliver actionable insights into the existing CIS Countries Speech Analytics industry. The xx market study offers detailed SWOT analysis for leading companies besides carefully capturing the strategies adopted by them to stay competitive.
Top Key Players Smart Parking Systems Market
• Cisco Systems
• Amano McGann,
• Smart Parking Ltd.
• Urbiotica
• Skidata AG
• Swarco AG
• Parkmobile, LLC
• Nedap N.V
• Kapsch
• Xerox Corp.
• Parkmobile, LLC
• SWARCO AG
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Global smart parking systems market is expected to grow from US$ 398.6 million in 2016 to US$ 1,462.3 million by 2025 at a CAGR of 15.7% between 2017 and 2025.
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 in the smart parking systems market.
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Global Smart Parking Systems - Market Segmentation
By Parking Site
Off-Street Parking
On-Street Parking
By Components
Hardware
Software
Service
By End-user Industry
Transport Facilities
Governments & Municipalities
Commercial Institutions
Corporate Institutions
Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Smart Parking Systems Market
• Key market trends cracking up the growth of the Smart Parking Systems Market
• Challenges to market growth.
• Key vendors of Smart Parking Systems Market
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Smart Parking Systems Market
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major region
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