Press release
Parking Management Market | Skidata, Skyline Parking AG, Amano Corporation, Cubic Corporation, IBM Corporation, Kapsch TrafficCom, Siemens AG, Swarco Corporation, T2 Systems, CityLift, Dayang Parking Co. Ltd
The global Parking Management Market is forecasted to flourish at a CAGR of 9.9% during the period of 6 years i.e. 2018-2023. Currently, the sum of this market revenue is USD 3.9 Billion. The need for parking management market is getting stronger day by day due to growing vehicle density on roads along with rising disposable income of the consumer. Advancements in parking management system such as automation and another internet of things enabled system is expected to bolster the growth of the market in upcoming years.
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Parking Management Market research provides an overview of the market regarding market trends, key industry drivers, competitors and the challenges faced by the market. The report is segmented on various grounds to help the company to analyze the product's performance. It is divided on the basis of parking site, automation level, by application, by solution, by component and on the basis of geographical distribution.
The market is expected to grow during the forecast period of 6 years form 2018-2023. It aims at providing satisfaction to its end users and the continuous up gradation in their products. It provides information about market growth, leading opportunities available in the market to the product, market size, and target market and the upcoming future of the market.
The report has been segmented in various regions to analyze the demand of a particular region so that it helps the company to identify the demand from the particular region and to identify the needs of its end-users. The demand may vary from region to region and it depends on the demographical distribution of the customers. The geographical area covered in this report are North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa).
Parking Management Market research offers a comprehensive analysis with respect to sub-markets. On the basis of the parking site market is divided as on-street and off-street. By automation level, the market is divided as partially and fully automated. Application part is split as government, commercial and transport transit. By solution market has been sub-segmented as access control Solution, security and surveillance solution, parking fee & revenue management Solution, parking reservation management solution, permit management solution, valet parking management solution, parking guidance, slot management solution, and others. By component, it is divided as software, services, and devices.
For the better consideration of the Parking Management Market, 2017 is considered as base year as it will help in analyzing the growth of the company in the next year as a comparison to the base year. 2018 is considered as the estimated year and 2018-2023 is considered as forecast period in which market will be evaluated.
The market has been examined from time to time to analyze the market carefully. The major market players have been identified and studied in advance to understand their plans and strategies so that the company can formulate these strategies according to the market requirements and market trends on that particular time frame. Hence, helping the company in advance to prepare for the unforeseen circumstances and develop the strategies in advance for the better market reach. The major players in the market are Skidata, Skyline Parking AG, Amano Corporation, Cubic Corporation, IBM Corporation, Kapsch TrafficCom, Siemens AG, Swarco Corporation, T2 Systems, CityLift, Dayang Parking Co. Ltd., Other Major & Niche Players
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Table of Content
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Parking Management Market
3. Global Parking Management Market Trends
4. Opportunities in Global Parking Management Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Parking Management Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Parking Management Market Segmentation Analysis, By Parking Site
9.1. Introduction Parking Site
9.2. Market Attractiveness, By Parking Site
9.3. BPS Analysis, By Parking Site
9.4. On Street Market Size & Forecast (USD Million), 2017-2023
9.5. Off Street Market Size & Forecast (USD Million), 2017-2023
10. Global Parking Management Market Segmentation Analysis, By Automation Level
10.1. Introduction
10.2. Market Attractiveness, By Automation Level
10.3. BPS Analysis, By Automation Level
10.4. Partially Automated Market Size & Forecast (USD Million), 2017-2023
10.5. Fully Automated Market Size & Forecast (USD Million), 2017-2023
11. Global Parking Management Market Segmentation Analysis, By Application
11.1. Introduction
11.2. Market Attractiveness, By Application
11.3. BPS Analysis, By Application
11.4. Government Market Size & Forecast (USD Million), 2017-2023
11.5. Commercial Market Size & Forecast (USD Million), 2017-2023
11.6. Transport Transit Market Size & Forecast (USD Million), 2017-2023
12. Global Parking Management Market Segmentation Analysis, By Solution
12.1. Introduction
12.2. Market Attractiveness, By Solution
12.3. BPS Analysis, By Solution
12.4. Access control Solution Market Size & Forecast (USD Million), 2017-2023
12.5. Security and Surveillance Solution Market Size & Forecast (USD Million), 2017-2023
12.6. Parking Fee & Revenue Management Solution Market Size & Forecast (USD Million), 2017-2023
12.7. Parking Reservation Management Solution Market Size & Forecast (USD Million), 2017-2023
12.8. Permit Management Solution Market Size & Forecast (USD Million), 2017-2023
12.9. Valet Parking Management Solution Market Size & Forecast (USD Million), 2017-2023
12.10. Parking Guidance Market Size & Forecast (USD Million), 2017-2023
12.11. Slot Management Solution Market Size & Forecast (USD Million), 2017-2023
12.12. Others Market Size & Forecast (USD Million), 2017-2023
13. Global Parking Management Market Segmentation Analysis, By Component
13.1. Introduction
13.2. Market Attractiveness, By Component
13.3. BPS Analysis, By Component
13.4. Software Market Size & Forecast (USD Million), 2017-2023
13.5. Services Market Size & Forecast (USD Million), 2017-2023
13.6. Devices Market Size & Forecast (USD Million), 2017-2023
14. Geographical Analysis
14.1. Introduction
14.2. North America Market Size (USD Million), 2017-2023
14.2.1. By Parking Site
14.2.1.1. Introduction Parking Site
14.2.1.2. Market Attractiveness, By Parking Site
14.2.1.3. BPS Analysis, By Parking Site
14.2.1.4. On Street Market Size & Forecast (USD Million), 2017-2023
14.2.1.5. Off Street Market Size & Forecast (USD Million), 2017-2023
14.2.2. By Automation Level
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By Automation Level
14.2.2.3. BPS Analysis, By Automation Level
14.2.2.4. Partially Automated Market Size & Forecast (USD Million), 2017-2023
14.2.2.5. Fully Automated Market Size & Forecast (USD Million), 2017-2023
14.2.3. By Application
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Application
14.2.3.3. BPS Analysis, By Application
14.2.3.4. Government Market Size & Forecast (USD Million), 2017-2023
14.2.3.5. Commercial Market Size & Forecast (USD Million), 2017-2023
14.2.3.6. Transport Transit Market Size & Forecast (USD Million), 2017-2023
14.2.4. By Solution
14.2.4.1. Introduction
14.2.4.2. Market Attractiveness, By Solution
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