Press release
Parking Management Market (US$ 45,125.82 million by 2028) Growth Forecast at 4.9% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com
Parking Management Market
The Parking Management market is expected to grow from US$ 32,221.73 million in 2021 to US$ 45,125.82 million by 2028; it is estimated to grow at a CAGR of 4.9% during 2021–2028.
Some of the key players profiled in the study are Flowbird Group, PASSPORT LABS, INC., T2 Systems, Inc, TIBA PARKING SYSTEMS, Group Indigo, Precise ParkLink, FlashParking, Amano Corporation, Robert Bosch GmbH, Siemens AG, etc.
Request to Get the PDF Sample of the Report at https://www.theinsightpartners.com/sample/TIPAT00002641/?utm_source=OpenPR&utm_medium=10388
The major cities in several countries across the globe are adopting smart technologies heavily with an objective to reduce day to day traffic and parking challenges. Traffic and parking spots have been long-lasting problems in both developed as well as emerging regions worldwide. At present, the smart parking technologies is revolutionizing the car park management, and the demand for intelligent parking technologies is exponentially growing. The smart technologies, which are experiencing tremendous growth in the current parking management system include parking guidance information systems, automated parking, smart parking payment system and parking reservation systems. In addition to these technologies, demand for security and safety of the parked vehicles is also increasing rapidly among the drivers and the vehicle owners, which is propelling the procurement of parking surveillance system, thereby creating substantial market space for parking management companies to grow over the years.
Why to invest in the report?
1. Comprehensive analysis of the global as well as regional markets of the Parking Management Market.
2. Complete coverage of all the segments in the Parking Management Market to analyze the trends, developments in the global market and forecast of market size up to 2028.
3. Comprehensive analysis of the companies operating in the global Parking Management Market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify
Get Exclusive Sample Pages of Parking Management Market - COVID-19 Impact and Global Analysis with Strategic Insights at https://www.theinsightpartners.com/sample/TIPAT00002641/?utm_source=OpenPR&utm_medium=10388
Impact of COVID-19 Pandemic on Parking Management Market
The COVID-19 pandemic has shaken several industries across the world. The lockdown hindered the operations of various industries, including manufacturing and IT. However, essential industries such as fast-moving consumer goods (FMCG) and pharmaceutical had to continue their operations. The outbreak has led to disruptions in primary industries including electronics, semiconductor, and automotive. A sharp decline in the growth of mentioned industries is limiting the Parking Management market growth. Factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the infection have impacted the working of many commercial and corporate buildings across the world. At present, the US is the world’s worst-affected country due to COVID-19 outbreak. The majority public entities and municipalities depends on parking taxes and parking revenue to fund several big projects for citizens in the country. The corporate buildings, CBDs, universities, shopping centers, hospitals, hotels, airports, and many others consist of great parking facilities and services to efficiently handle their business functions. Owing to the impact of COVID-19 pandemic, the cross-board activities and maintaining social distancing for supporting the slow-down of the virus spread, the parking industry is being impacted very hard. Many businesses have been under tremendous pressure to survive, and hundreds of thousands of frontline workers are losing jobs. The real time monitoring dynamics of over 2,000 parking facilities across the North America, as well as the observations to improve quantitatively understand the impact of COVID-19 to parking.
Major Key Points of Parking Management Market
• Parking Management Market Overview
• Parking Management Market Competition
• Parking Management Market, Revenue and Price Trend
• Parking Management Market Analysis by Application
• Company Profiles and Key Figures in Parking Management Market
• Market Dynamics
• Methodology and Data Source
Order a Copy of Parking Management Market Shares, Strategies and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPAT00002641/?utm_source=OpenPR&utm_medium=10388
Parking Management Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.
We understand syndicated reports may not meet precise research requirements of all our clients. We offer our clients multiple ways to customize research as per their specific needs and budget
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Parking Management Market (US$ 45,125.82 million by 2028) Growth Forecast at 4.9% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com here
News-ID: 2397560 • Views: …
More Releases from The Insight Partners
MRO Protective Coatings Market is Worth by 2031
A new report from The Insight Partners, "MRO Protective Coatings Market Share, Size, Trends, and Forecast by 2031," highlights the strong growth trajectory of the global MRO (Maintenance, Repair, and Overhaul) protective coatings market. The report projects steady expansion in market size, share, and innovation through 2031, with key factors like aging infrastructure, industrial expansion, and increasingly strict regulations fueling this trend. It also provides a detailed analysis of the…
Crypto Phone Market Accelerates with Encrypted Satellite
New York, US - September 08, 2025 - Amid heightened global surveillance concerns and rising geopolitical tensions, The Insight Partners has released its newest Crypto Phone Market report, forecasting robust growth through 2031. The report, titled "Crypto Phone Market Share, Size, Trends, and Forecast by 2031," reveals how government security mandates, defense-grade encryption, and enterprise risk management are fueling expansion in the Crypto Phone Market size, reshaping both national defense…
Mine Clearance System Market Poised for Significant Growth, Driven by Global Hum …
According to a new report from The Insight Partners, titled "Mine Clearance System Market - Global Analysis and Forecast," the global market for mine clearance systems is on a trajectory for substantial growth. The report projects that the market is being propelled by urgent global humanitarian needs and security concerns, alongside increasing financial support for demining operations.
Figure out what's there in this deal| Get a glimpse through a sample at…
Global Micro-Needling Unit Market on a Growth Trajectory, Driven by Non-Surgical …
A new report released by The Insight Partners, titled "Micro-Needling Unit Market - Global Analysis and Forecast," indicates that the global micro-needling unit market is positioned for significant growth. The report projects that the market's expansion is primarily driven by the increasing consumer inclination towards non-surgical aesthetic procedures, continuous advancements in microneedling technology, and the rising demand for anti-aging solutions.
Figure out what's there in this deal| Get a glimpse through…
More Releases for Parking
Connected Parking Solutions Market Forecast 2023-2030 | ShinMaywa, IHI Parking S …
The Connected Parking Solutions market is expected to grow at a CAGR of 15.6% from 2023 to 2030.
The Connected Parking Solutions market is experiencing rapid growth, driven by the need for efficient and intelligent parking management in urban areas. This market encompasses a variety of technologies and services that aim to improve parking accessibility, reduce congestion, and enhance the overall parking experience for both consumers and operators. Connected parking solutions…
Automated Parking Systems Market Is Booming Worldwide: Key Players ShinMaywa, IH …
Market Study Report presents latest report on global Automated Parking Systems Market, which evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2022-2028.
Global Automated Parking Systems Market Size was estimated at USD 2415 million in 2021 and is projected to reach USD 3221 million by 2028, exhibiting…
Automated Parking Systems Market Statistics and Comprehensive Insights Outlook 2 …
Latest Study on Industrial Growth of Automated Parking Systems Market 2022-2028. A detailed study accumulated to offer Latest insights about acute structures of the Automated Parking Systems market. The report contains different market predictions related to revenue size, production, CAGR, gross margin, price, and other important factors. While highlighting the key driving and restraining forces for this market, the report also offers a broad study of the future trends and…
Automated Parking Systems Market 2022 Insights with Statistics and Growth Predic …
The Automated Parking Systems market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides pre COVID-19 historic data, the impact of the COVID-19, and also forecasts its recovery…
Automated Parking Systems Market (2021): Huge Study, SWOT Analysis, Forecast to …
The report titled “Global Automated Parking Systems MARKET “is one of the most comprehensive and important additions to market research studies. It offers detailed research and analysis of key aspects of the Automated Parking Systems market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Automated Parking Systems market. Market Participants can use…
What are the Growth Drivers of Automated Parking System Market? Kyline Parking A …
Market Study Report LLC recently added a new title on 2020-2026 Global Automated Parking System Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2026.
The Automated Parking system market is on the surging trend considering the global scenario. The Automated Parking system market is primarily driven owing to surging number of…
