Smart Parking Systems Market 2021 Top Companies, New Technology, Demand and Opportunity – Deteq Solutions, Flowbird, Gtechna, Kapsch TrafficCom, Mindteck, Nedap N.V., Park Assist, ParkHelp Technologies, ParkJockey

Global Smart Parking Systems Market is esteemed roughly at USD 4.4 billion of every 2020 and is expected to develop with a solid development pace of over 21.5% over the conjecture period 2021-2027. Smart parking systems helps drivers for safe parking. With the assistance of installed programming and sensors, accessible space in parking opening is arraigned by sign or image. Likewise, the empty space is advised to the driver effectively because of the appropriate administration of vehicle. Developing interest in sending of smart parking systems, office to deal with parking systems by smart telephones, and developing number of vehicles all throughout the planet are powering the development on the lookout.

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For example, in January 2021, Amano McGann cooperated with Luminary Hotels and Co. to convey a top of the line parking arrangement, under which OPUSeries path gadgets of Amano McGann were introduced in the passage and leave paths with coordinated standardized identification scanners for approvals. Likewise, as per Statista, working vehicles across India expanded from 272.59 million of every 2018 to 295.77 million out of 2019. Besides, development popular for Internet of Things (IoT) innovation based arrangements are relied upon to support the interest in future. Nonetheless, significant expense of procurement and establishment of smart parking framework makes it hard to embrace in low and center pay nations which might hamper the interest during estimate period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the provincial investigation of the worldwide Smart Parking Systems Market. North America is the ruling locale across the world as far as portion of the overall industry because of developing number of vehicles in the area coming about into expanding reception of smart parking systems. While Europe is expected to display the most noteworthy development rate over the conjecture time frame 2021-2027, due rising worry about inadequate parking spaces and government drive supporting smart parking framework.

Major market player included in this report are:

Deteq Solutions
Flowbird
gtechna
INDECT Electronics & Distribution GmbH
Kapsch TrafficCom
Libelium Comunicaciones Distribuidas S.L.
Meter Feeder, Inc.
Mindteck
Municipal Parking Services, Inc.
Nedap N.V.
Park Assist
ParkHelp Technologies
ParkJockey
ParkMe Inc.
Robert Bosch GmbH

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Hardware:
Pucks (Wireless Sensors)
Cameras & LPRs
Smart Meters
Signage
Parking Gates

By Software:
Parking Guidance System
Analytics Solutions

By Service:
Consulting Service
Engineering Service
Mobile App Parking Service

By Type:
On-street
Off-street

By Application:
Commercial
Government
Transport Transit

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

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Target Audience of the Global Smart Parking Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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