Parking Management Market Study: An Emerging Hint of Opportunity | Conduent, Amano, Swarco, Inrix

Parking management refers to strategies that result in more efficient use of parking resources. Moreover, parking management can significantly reduce the number of parking spaces required in a particular situation, providing environmental, social, and economic benefits. Growing focus on seamless traffic flow and reduction in fuel consumption is one of the key factor driving the growth of the market. Based on the parking site, the market has been bifurcated into Off-street parking and On-street parking.

Global Parking Management Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.

Major Players in This Report Include,
Conduent (United States), Indigo Group (France), Amano (United States), Swarco (Australia), Q-Free (Norway), Streetline (A Kapsch Company) (United States), T2 Systems (United States), Skidata (Austria), Flowbird Group (France), Inrix (United States) and Flashparking (United States)

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Market Trend
• The Need for Parking Apps
• Surging Demand for Energy Efficient, Sustainable and Green Solutions
• Parking Access Control

Market Drivers
• Growing Focus on Seamless Traffic Flow and Reduction in Fuel Consumption
• Adoption of Cloud Computing and IoT Technologies
• The proliferation of Mobile and Smartphones
• Increasing Motor Vehicle Sales Driving the Demand for Parking Spaces

Opportunities
• Increasing Adoption of Smart Cities by Governments across Regions
• Optimum Utilization of Parking Spaces
• Technological Advancements in Autonomous Cars

Restraints
• Complexity in System Integration

Challenges
• High Implementation Cost
• Rapid Technological Changes

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In this research study, the prime factors that are impelling the growth of the Global Parking Management market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Parking Management market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The Global Parking Management is segmented by Type (Solutions {Parking Guidance Solution, Parking Reservation Management, Parking Permit Management, Parking Enforcement Management, Parking Access and Revenue Control, Parking Security and Surveillance, Parking Analytics, Services {Professional services (Consulting, System Integration and Deployment, Support and Maintenance), Managed services}), Deployment Mode (On-Premises, Cloud), Parking Site (Off-Street Parking, On-Street Parking)

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Parking Management market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Parking Management Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.

Key Market Features in Global Parking Management Market
The report highlights Parking Management market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Parking Management, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.

Extracts from Table of Contents
Global Parking Management Market Research Report
Chapter 1 Global Parking Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

This report also analyzes the regulatory framework of the Global Markets Parking Management Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

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