Smart Parking Market Revenue Sizing Outlook Appears Bright || Cisco Systems, Inc., Amano McGann, Inc., Smart Parking Ltd., Urbiotica, Skidata AG

According to the new research report published by The Insight Partners, titled “Smart Parking Systems Market - Global Analysis and Forecast to 2025”, the global smart parking systems market is expected to reach US$ 1.46 billion in 2025, registering a CAGR of 15.7% during the forecast period 2017 to 2025.

In 2016, Europe accounted for the second largest revenue share of little more than two-fifth of the total market share, followed by North America.

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.

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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.

The Indian smart parking systems market is expected to grow at a CAGR of 12.6% during the forecast period 2017 to 2025. India a well-known overpopulated country with millions of people suffering through the issues of unorganized and unmanageable gridlocks. The parking system in this country has no common standard and introduction of smart parking systems would generalize the entire parking system in the country. Moreover, the country has been planning to deploy its initial projects in its some of the hi-tech cities. India is expected to foresee high demand for more efficient parking systems in coming future.

Top Key Players Profiled in This Report: Cisco Systems, Inc., Amano McGann, Inc., Smart Parking Ltd., Urbiotica, Skidata AG, Swarco AG, Parkmobile, LLC, Nedap N.V, Kapsch, Xerox Corp., Parkmobile, LLC, SWARCO AG, etc.

Researchers in this report shed light on various terms. The competitive environment report section covers the solution, products, services, and business overview. This Smart Parking Market research report covers several dynamic aspects, such as driving forces, constraints, and complex factors.

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Reasons for buying this report:
1. It offers an analysis of changing competitive scenario.
2. For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
3. It offers seven-year assessment of Global Smart Parking Market.
4. It helps in understanding the major key product segments.
5. Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
6. It offers regional analysis of Global Smart Parking Market along with business profiles of several stakeholders.
7. It offers massive data about trending factors that will influence the progress of the Global Smart Parking Market.

This research report represents a 360-degree overview of the competitive landscape of the Global Smart Parking Market. Furthermore, it offers massive data relating to the recent trends, technological advancements, tools, and methodologies. The research report analyzes the Global Smart Parking Market in a detailed and concise manner for better insights into the businesses.

Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Smart Parking Market. The feasibility of the new report is also measured in this research report.

Table of Contents:
Global Smart Parking Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Global Smart Parking Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Smart Parking Market Forecast

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