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Impact of Covid-19 on Parking Management Software Market Size by Global Industry Share, Growth, Regional Analysis, Upcoming Trends, Key Manufacturers, Technology Updates and Development Factors and 2020-2027 Forecast Oobeo, SecurePark Technologies, Parkal

10-13-2020 02:45 PM CET | IT, New Media & Software

Press release from: Market Research Inc.

Parking Management Software Market

Parking Management Software Market

Parking management software is used by companies to optimize parking space, manage the influx of cars, and ensure the safety of both cars and people. Parking management software helps companies control access to parking locations, manage multiple types of fees, and process payments.

The Market for Parking Management Software market size is expected to grow from USD 3.39 billion in 2020 to USD 5.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of +8% during the forecast period.

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The key players operating in the global Parking Management Software market include: Oobeo, inc, SecurePark Technologies, Parkalot, SpotHero, Gtechna, Parkable, ParkOffice, SKIDATA, Passport Parking, T2 Systems, O-Valet, ParkSol, TIBA Parking, Genetec Inc, Gateworks Corporation, Colibri Solutions LLC

The Global Parking Management Software Market is a highly competitive market. It has some players who have been in the business for quite some time. Subsequently there are many startups coming up to seize the huge opportunity this market offers. Some players have a presence only in a particular geography. In addition, the projections offered in this report have been derived with the help of proven research assumptions as well as methodologies. By doing so, the Parking Management Software research study offers collection of information and analysis for each facet of the Parking Management Software market such as technology, regional markets, applications, and types. Likewise, the Parking Management Software market report offers some presentations and illustrations about the market that comprises pie charts, graphs, and charts which presents the percentage of the various strategies implemented by the service providers in the Global Parking Management Software Market.

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North America is expected to hold the largest market size during the forecast period, owing to the large-scale investments in implementing parking management solutions to meet the growing need for better driver and commuter convenience. The US and Canada have been expansively implementing parking management solutions with the increasing adoption of mobile devices as well as the rising focus on managing the growing traffic congestion.
Global Parking Management Software Market: Product Segment Analysis
Auto Pay Parking System, Active RFID Parking System, Robotic Parking Systems and Others
Parking Management Software Market: Application Segment Analysis
Public Parking Lot, Special Parking Lot

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Key Benefits for Market Reports –
Global Parking Management Software market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Parking Management Software market report helps to identify opportunities in market place.
Global Parking Management Software market report covers extensive analysis of emerging trends and competitive landscape.

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