Off-Street Parking Management Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

The global off-street parking management market is anticipated to grow at a CAGR of 14.5% during the forecast period (2023-2030). The growing demand for the off-road parking slots across the globe is a key factor driving the growth of the global off-street parking management market. The City of Woodinville has been making its laundry list of off-street parking requirements, as the city grapples with encouraging its thriving wine tourism industry while preparing its central downtown for significant housing growth in the coming years. The list for off-street parking includes; one parking stall per 1,000 square feet of racquetball facility; one stall for every five seats in a theater.

One stall for every 300 feet of a veterinary clinic; one stall for every 400 square feet of a day care facility; one stall for every 250 square feet of a wine tasting room, unless the tasting room is larger than 750 square feet, in which case one stall for every 100 square feet of a wine tasting room. Woodinville isn't the only city to set arbitrary and absurd parking minimums. A number of the proposed changes target restaurant and wine tasting room spaces, in a city that has tied its identity so closely with wine, and with food and drinking in general. For months, city staff have been getting feedback from the city planning commission on a proposal to require more off-street parking spaces with new developments, and take away some authority that city planning staff have internally to approve developments that might provide fewer off-street parking stalls than the current development code allows. Thus, the growing need for the off-street parking management across the globe is driving the global off-street parking management market.

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Deployment Model

· By Offering

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- including DELOPT, Bond Traffic Solutions, FlashParking, Inc., Infocomm Group LLC, and Passport Inc. among others.

A full Report of Off-Street Parking Management Market is Available @ https://www.omrglobal.com/industry-reports/off-street-parking-management-market

Off-Street Parking Management Market Report Segment

By Deployment

· On-Premise

· Cloud

By Offering

· Software

· Services

Off-Street Parking Management Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· 3M Co.

· Altiux Innovations Pvt. Ltd.

· Aptiv plc

· Bayerische Motoren Werke (BMW) AG

· CivicSmart, Inc.

· Cubic Corp.

· HCL Technologies Ltd.

· INRIX Inc. (Parkme Inc.)

· IntegraPark, LLC.

· Nedap N.V.

· ParkHelp Technologies

· Parkopedia Inc.

· Passport Labs, Inc.

· Robert Bosch GmbH

· Siemens AG

· Smart Parking Ltd.

· T2 Systems Inc.

· TCS International Inc.

· Valeo And Cisco

· Xerox Corp.

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