Parking Management Solutions Market, Size, Share, Company Analysis 2022-2031 | Amano Corporation, Bosch Group, Siemens AG, Skidata GmbH, Swarco Corporation
The global parking management solutions market report by the business research company identifies cloud-native parking solutions to be a major growth driver for the parking management solutions market. Cloud-native technology is a way of designing, building, and running workloads in the cloud that reaps the benefits of the cloud computing model. Cloud-native technology in parking management solutions will help the parking management solutions market to provide better service for their customers. For instance, according to Tigera, a US-based cloud-native application protection company, in 2022, 75% of companies are putting their focus on using and developing cloud-native applications. Also, according to another report by the Cloud-Native Computing Foundation, a US-based open-source software foundation, in 2020 there were approximately 6.5 million cloud-native developers in the world, which was 1.8 million more developers than in 2019.
The global parking management solutions market size is expected to grow from $3.30 billion in 2021 to $3.71 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The parking management solutions market is expected to reach $5.50 billion in 2026 at a CAGR of 10.3%.
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North America was the largest region in the parking management solutions market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the parking management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the parking management solutions market are Amano Corporation, Bosch Group, Siemens AG, Skidata GmbH, Swarco Corporation, T2 Systems, Flowbird Group, TIBA PARKING SYSTEMS, IPS Group, Chetu, Conduent Inc., Q-Free ASA, FlashParking, ParkMobile, SpotHero, Get My Parking, INRIX Inc., Skyline Parking AG, Unitronics (1989) (RG) Ltd., Cleverciti Systems GmbH, DELOPT, Bond Traffic Solutions, FlashParking Inc., Infocomm Group LLC, and ParkMobile Inc.
The global parking management solutions market is segmented -
1) By Type: Solutions, Services
2) By Parking Site: On-Site Parking, Off-Site Parking
3) By Technology: Parking Meters, Parking Kiosks
4) By Application: Transport, Commercial, Government
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The Parking Management Solutions Market Report Contents Include
1. Executive Summary
2. Parking Management Solutions Market Characteristics
3. Parking Management Solutions Market Trends And Strategies
4. Parking Management Solutions Market - Macro Economic Scenario
5. Parking Management Solutions Market Size And Growth
27. Parking Management Solutions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Parking Management Solutions Market
29. Parking Management Solutions Market Future Outlook and Potential Analysis
This report covers the trends and market dynamics of the parking management solutions market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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