Press release
Smart Parking Market Economic Forecasting By 2025| Amano McGann, Inc., Cisco, Smart Parking Ltd., URBIOTICA, SKIDATA AG, Nedap France, Xerox , Parkmobile, LLC, Swarco Traffic Holding AG
Smart Parking Market Economic Forecasting By 2027
Amano McGann, Inc., Cisco, Smart Parking Ltd., URBIOTICA, SKIDATA AG, Nedap France, Xerox , Parkmobile, LLC, Swarco Traffic Holding AG are turning heads in the Smart Parking market because of their product launches, their researches, joint ventures, merges, and accusations. This report brings to you all the companies profiles needed to be in the competition for the Smart Parking market With the help of SWOT analysis the report tell you about all the market restrain and drivers to be followed in the forecast years 2020-2027 While also explaining what the Smart Parking market's definition, classifications, applications, and engagements are.
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Smart parking systems are gaining focus in terms of investments, adoption, and implementation across the globe. Major developments are seen in developed countries, but even developing countries have started implementing or are planning to implement smart technologies in their traditional parking systems. Germany, U.K., France, U.S., and Japan are few of the major countries which have successfully deployed smart parking systems and are relishing the benefits of easier and efficient parking systems.
Off-street parking site is a parking facility which does not interact with the traffic flow on the road. Off-street smart parking solutions are majorly utilized by governments and municipalities, corporate institutions, commercial institutions and transport facilities. Globally off-street parking is considered as a cost-effective and convenient parking solution. Off-street parking accounts for higher demand for smart parking systems due to rising concerns for secure and open walking space for pedestrians leading to increase in construction of parking lots and garages. The off-street segment for parking site segment for smart parking systems is expected to witness a lucrative CAGR growth of 16.3% in the forecast period.
Competitive Landscape: Smart Parking Market
oAmano McGann, Inc.
oCisco
oSmart Parking Ltd.
oURBIOTICA
oSKIDATA AG
oNedap France
oXerox
oParkmobile, LLC
oSwarco Traffic Holding AG
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Software component in the smart parking systems market comprises of cloud-based software, traditional software, and mobile applications. This software collates and analyzes the live information on how a parking space is being utilized, provide accurate vehicle-by-vehicle, minute-by-minute data on the actual usage of all the facilities, thus offering an edge in day-to-day management, future planning, and maximizing optimum efficiency of revenue. The software used in smart parking systems is either cloud based or uses a server for data storage. Due to rapid adoption of cloud-based solutions, cloud-based software is preferred over traditional software. Server-side software provides necessary information regarding the number of parking spaces being used and the turnover period, to the parking authorities and headquarters. On the other hand, the client side uses mobile applications to provide ease of use on the drive.
The Value chain for the smart parking systems involve various in-bound (integration of hardware components and software applications) & out-bound (certain process that are outsourced viz., cases, software development) activities that add up to the value of the final product, furthermore these primary activities are supported by other components that include infrastructure, manpower, organizational systems and technology development that facilitate smooth flow of all the key processes. Smart parking market value chain covers all the stages of manufacturing and supplying smart parking systems and solutions. The raw materials in the form of the hardware required for the manufacturing of smart parking systems include semiconductors, transmitters, sensors, nodes, cameras, networking components, microcontrollers, cases (plastic, aluminum or metal) and circuits among others.
Chapter Details of Smart Parking Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Smart Parking Market Landscape
Part 04: Smart Parking Market Sizing
Part 05: Smart Parking Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Reasons for buying this report:
-It offers an analysis of changing competitive scenario For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
-It offers a seven-year assessment of Smart Parking Market.
-It helps in understanding the major key product segments.
-Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
-It offers a regional analysis of Smart Parking Market along with business profiles of several stakeholders.
-It offers massive data about trending factors that will influence the progress of the Smart Parking Market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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