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๐๐ฅ๐จ๐๐๐ฅ ๐ฌ๐ฆ๐๐ซ๐ญ ๐ฉ๐๐ซ๐ค๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐จ๐ ๐๐๐ฅ๐ฎ๐ ๐๐.๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Smart Parking Market
Smart parking enables parking operators to remotely and automatically monitor parking occupancy rate on a real-time basis. Problems related to land utilization are increasing, and proper parking locations are a major issue in overcrowded cities.
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Increasing investments in autonomous vehicle technology are also expected to present tremendous opportunities for market growth during the forecast period.
The global smart parking market accounted for over USD 2.8 billion in 2017 and is expected to grow at a CAGR of 10.1% during the forecast period, 2019โ2026.
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๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
On the basis of region, the global smart parking market has been segmented into North America, Europe, Asia Pacific, and Latin America and Middle East & Africa.
In the global smart parking market, Europe holds the largest share of the pie, followed by North America. The increasing use of cameras and ultrasonic sensors in passenger cars drives the demand for smart parking solutions in countries across Europe.
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Some of the prominent players in the global smart parking market are AMCO, Cisco Systems, Inc., CivicSmart, Inc., Continental AG, Huawei Technologies Co., IEM SA, IPS Group, Inc., Nedap, NEXPA, ParkMobile, LLC., Robert Bosch GmbH, Siemens, Smart Parking Systems โ (A division of Intercomp S.p.A.), Streetline, Urbiotica, others.
By Parking Site
On-street
Off-street
By Application
Government
Commercial
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