Parking Management Market will experience a noticeable growth during the forecast period 2019-2025

The global parking management market is expected to grow at a CAGR of 10.3% during 2019-2025. Parking is an important component of the current transportation system. The parking management market will thrive in the next few years as governments from several developing countries are attracting foreign direct investment (FDI) to optimize traffic congestion and improve parking operations. In addition, smart city initiatives in developing countries are also accelerating, which is expected to drive the demand for technologically advanced intelligent parking management solutions. Moreover, as the commercialization and urbanization of developing countries increases and the number of vehicles on the road increases, the demand for various on-street and off-street parking management solutions is expected to emerge.

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The following players are covered in this report:

• Amano
• Q-Free
• Indigo Park Services
• Chetu
• Streetline
• SWARCO
• T2 Systems
• SKIDATA
• Flowbird
• INRIX
• FlashParking
• Parkmobile
• NuPark
• SpotHero
• TIBA Parking
• Urbiotica
• Smart Parking
• SAP
• Siemens

Parking Management Market segmentation by Platform

• Solutions
• Services
• Consulting
• System Integration and Deployment
• Support and Maintenance

Parking Management Market segmentation by Type

• Off-street Parking
• On-street Parking

A full report of Global Parking Management Market is available at: https://www.orionmarketreports.com/parking-management-market/24489/

Scope of the Report

The research study analyses the global LTE IOT industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Parking Management Market Report

1. What was the Parking Management Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Parking Management Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Parking Management Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.