Parking Management Market Will Exhibit A CAGR Of 7.10% For The Forecast Period Of 2021 To 2028

This parking management market report details recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geospatial data, and other factors. Contact Analytics Market Research for an Analyst Brief to learn more about the parking management market. Our staff will assist you in making an informed choice to build your market.

The country portion of the parking management market study additionally lists certain market-impacting elements and domestic market regulation changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

The demand for parking management systems is also driven by the expanding use of the pay per use parking model and, as a result, the growth of smart city efforts globally. The necessity for effective parking management systems is growing along with the number of automobiles in metropolitan areas. The issue of a lack of parking spaces is becoming more acute globally as the number of automobiles rises quickly. Vehicles having trouble locating parking spaces is the source of traffic jams and other transportation-related issues. Hence, the demand for an effective and intelligent parking system is rising.

The market for parking management is also growing as a result of the widespread use of cellphones. The parking management app locates available parking spaces nearby by utilizing the high-end capabilities of smartphones, such as the built-in camera, GPS, and Near Field Communication. It permits customers to reserve parking places in advance, saving time spent looking for available spaces.

The parking management market is highly fragmented, with numerous players with modest regional presences and a sizable number of players in each country. The businesses offer various parking management solutions, including access control, ANPR, parking security & surveillance, parking reservation and valet parking, as well as fee enforcement. Also, in recent years, there has been a significant increase in demand for effective parking management systems due to the rising number of registered passenger vehicles and the constrained supply of parking spaces in major cities.

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Global Parking Management Market: Segmentations

Global Parking Management Market: Major Players
I-PARK
GreenParking
Class Valet
Omnitec Group
IDEX Services
Pro Valet UAE
SS Solutions
UST
Makani Parking
Eurosys Smart Solutions

Global Parking Management Market: By Types
Solutions
Services
Consulting
System Integration and Deployment
Support and Maintenance

Global Parking Management Market: By Applications
Off-street Parking
On-street Parking

Global Parking Management Market: Regional Analysis
The countries covered in the regional analysis of the Global Parking Management market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Another extremely thorough component of the research and analysis study of the global Advanced Parking Management market covered in the report is regional analysis. The sales growth of several regional and national Advanced Parking Management marketplaces is discussed in this section. The research report offers thorough and precise volume and market size analyses of the global Advanced Parking Management market by country and region.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Parking Management manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Parking Management market covering all its essential aspects.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

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