Parking Meter Apps Market Heightened Revenue Growth USD 234.2 million at CAGR +18% by end 2027| ParkMate, Parkopedia, Arrive, ParkMobile

The growing traffic congestion due to rise in vehicle count is driving the growth of the parking meter apps market. These vehicle parking meters are traditionally installed in public parking areas to manage traffic and ensure easy parking space availability for visitors.

Parking Meter Apps Market is expected to grow from US$ 62.2 million in 2021 to US$ 234.2 million by 2027; it is estimated to register a CAGR of +18% from 2021 to 2027.

Now-a-days, technological advancements in parking management systems, such as the Internet of Things (IoT) and app-based e-payments, are enhancing consumer experience and boosting parking meter app adoption.

Furthermore, the growing demand for electric vehicles is encouraging city authorities to deploy smart parking stations having enhanced connectivity to modern technologies.

Access to real-time parking data would save drivers’ time spent on finding parking space, along with reducing traffic congestion. With the ever-increasing penetration of smartphones and availability of mobile applications integrated with different features, it has become possible for vehicles users to navigate toward vacant parking spaces, which is one of the significant factors boosting the parking meter apps market.

Request a sample copy of this report @ Click here: –
https://www.reportconsultant.com/request_sample.php?id=94233

Key Players
• IEM SA
• INRIX, Inc.
• ParkMate
• Parkopedia
• Arrive (ParkWhiz)
• ParkMobile, LLC
• PASSPORT LABS, INC.
• Flowbird
• PayByPhone

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Market Segmentation
By Type
• Free Version
• Paid Version
By Application
• IOS System Phone
• Android System Phone

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Inquire Before Buying This Research Report: -
https://www.reportconsultant.com/enquiry_before_buying.php?id=94233

Regional Analysis:
• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Research objectives
• To understand the structure of Parking Meter Apps market by identifying its various subsegments.
• Focuses on the key global Parking Meter Apps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Parking Meter Apps with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Parking Meter Apps submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

Detailed TOC of Global Parking Meter Apps Market Research Report-
– Parking Meter Apps Market Introduction and Market Overview
– Parking Meter Apps Market, by Application
– Parking Meter Apps Market Industry Chain Analysis
– Parking Meter Apps Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Global Parking Meter Apps Market Status and SWOT Analysis by Regions
– Major Region of Parking Meter Apps Market
i) Global Parking Meter Apps Market Sales
ii) Global Parking Meter Apps Market Revenue & market share
– Major Companies List
– Conclusion

Rebecca Parker
(Report Consultant)
Contact No: +81-368444299
sales@reportconsultant.com
www.reportconsultant.com

About us:
Report Consultant is a prime destination for your business aptitude and analytical solutions because we provide qualitative and quantitative sources of information that are proficient to give one-stop solutions. We skillfully syndicate qualitative and quantitative research in exact proportions to have the best report, which not only gives the most recent insights but also assists you to grow.

This release was published on openPR.