Global Parking Reservation System Market Analysis and Forecast 2021-2030| ACE PARKING MANAGEMENT INC, Amano Corporation

The informative report of a Global Parking Reservation System market has recently published by Absolute markets Insights. This statistical report Provides an accurate analysis of recent trends and technological advancements in global regions such as North America, Latin America, Asia-Pacific, Africa, and India. It explains applicable tools, methodologies and standard operating procedures carried out by top-level industries. The report includes effective exploratory techniques such as primary and secondary research techniques.

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The parking reservation system market is expected to grow at a rate of 25.8% in Asia Pacific region over the forecast period. This is because of the constant development across the region. Developing countries are shifting to off-street indoor parking compared to outdoor parking enabling the government to use valuable street space. Increased infrastructural development of the region is also contributing to the rising demand for systematic parking and its reservation. It interacts with drivers and provides them with proper navigation by checking at regular intervals information about the chosen car parking availability. These IoT based parking reservation systems which are now-a-days been deployed across smart cities are IR sensor enabled. These sensors help detecting vehicles in a parking and accordingly send notifications on cloud. These sensors are embedded with buzzers which gets activated when a different car is parked on a pre-booked parking slot.

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Key Findings of the Report:
• On the basis of type, off-street parking segment is expected to witness highest CAGR over the forecast period (2021 – 2030) owing to increased integration of IoT based technologies with parking reservation system.
• On the basis of region, Asia Pacific is expected to grow at a CAGR of 25.8% during the forecast period 2021-2030.

Key players operating in the Parking Reservation System Market:
ACE PARKING MANAGEMENT INC, Amano Corporation, APCOA PARKING, COMPLUS DATA INNOVATIONS, INC, gtechna, IBM Corporation, Indigo, INRIX, Inc., Just Park, LAZ Parking, NCP, Parking Reservation Software, PASSPORT LABS, INC., Q- Free ASA, Siemens Mobility GmbH, SP Plus Corporation, and Spot Hero, amongst others.

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Parking Reservation System Market:
• By Type
o Off-street Parking
o On-street Parking
• By Solution
o Web-Based Solution
o Mobile Application-Based Solution
o Voice Call-Based Solution

• By Vertical
o Retail
o Government
o Hospitality
o Transportation & Transit
o Others

• By Geography
o North America
o U.S
o Canada
o Mexico
o Rest of North America
o Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
o Denmark
o Finland
o Iceland
o Sweden
o Norway
o Benelux Union
o Belgium
o The Netherlands
o Luxembourg
o Rest of Europe
o Asia Pacific
o China
o Japan
o India
o New Zealand
o Australia
o South Korea
o Southeast Asia
o Indonesia
o Thailand
o Malaysia
o Singapore
o Rest of Southeast Asia
o Rest of Asia Pacific
o Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa
o Latin America
o Brazil
o Argentina
o Rest of Latin America
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