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Smart Parking Systems Market Is Likely To See A Massive Surge In Demand And Growth In The Forecast Period 2023-2032
Smart parking Systems Market
The Business Research Company's Smart Parking Systems Global Market Report 2023 identifies increasing number of vehicles is expected to propel the growth of the smart parking systems market. Vehicle owners may greatly benefit from smart parking systems, which save time and effort, decrease stress, save money, increase safety, make parking more accessible, and make reservations and pre-booking easier.
The global smart parking systems market is expected to grow from $5.89 billion in 2022 to $7.11 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The smart parking systems market is expected to reach $15.17 billion in 2027 at a CAGR of 20.9%.
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Major competitors in the smart parking systems market are Bayerische Motoren Werke AG, Siemens A.G., IBM Corporation, Cisco Systems Inc., Swarco AG, Kapsch TrafficCom, SKIDATA GmbH, Nedap N.V., Mindteck, FlashParking, EasyPark Group, INRIX Inc., Amano McGann Inc., Municipal Parking Services Inc., Altiux Innovations Pvt. Ltd., Gtechna, Indect Electronics & Distribution GmbH, JustPark, CivicSmart Inc., Urbiotica S.L, 6sense Innovations Ltd., Cleverciti Systems, Meter Feeder Inc., Parkme Inc., evopark GmbH, Amco S.A., and HomiSmart Ltd.
Technological innovations are a key trend gaining popularity in the smart parking systems market. Major companies operating in the smart parking systems market are adopting new technologies to sustain their position in the market.
Read More On The Global Smart Parking Systems Market Report Here:
https://www.thebusinessresearchcompany.com/report/smart-parking-systems-global-market-report
The smart parking systems market is segmented -
• By Type: Off-Street Parking, On-Street Parking
• By Hardware: Pucks, Cameras And LPRs, Smart Meters, Signage, Parking Gates
• By Software: Parking Guidance System, Analytics Solutions
• By Service: Consulting Service, Engineering Service, Mobile App Parking Service
• By Application: Commercial, Government, Transport Transit
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the smart parking systems market.
The Business Research Company's "Global Smart Parking Systems Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Smart Parking Systems Market Include:
1. Smart Parking Systems Market Executive Summary
2. Smart Parking Systems Market Segments
3. Smart Parking Systems Market Size And Smart Parking Systems Market Growth Rate
4. Key Smart Parking Systems Market Trends
5. Major Smart Parking Systems Market Drivers
……
25. Key Mergers And Acquisitions In The Smart Parking Systems Market
26. Top Smart Parking Systems Companies
27. Smart Parking Systems Market Opportunities And Strategies
28. Smart Parking Systems Market, Conclusions And Recommendations
29. Appendix
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