openPR Logo
Press release

Parking Management Systems Market is anticipated to reach USD 8.23 Billion by 2032ย 

Parking Management Systems Market

Parking Management Systems Market

๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
โ€ข The global parking management systems market size was valued at USD 4.22 billion in 2023 and is expected to grow to USD 8.23 billion by 2032.
โ€ข The market is expected to expand at a CAGR of 7.7% during the forecast period from 2024 to 2032.
โ€ข The market is mainly segmented by component, deployment, parking site, solution, and geography.
โ€ข In 2017, the North American region held the largest market share due to the rising demand for automobiles and the growing need to streamline traffic flow, which increased adoption.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market/request-for-sample

Parking Management Systems Market Share, Size, Trends, Industry Analysis Report by Component (Hardware, Software, Services); Deployment (On-Premise, Cloud), Parking Site (On Street Parking, Off Street Parking), Solution (Parking Reservation, Parking Guidance, Parking Analytics, Access Control, Revenue Management, Security and Surveillance, Others), Region, Segments & Forecast, 2024 - 2032. This report provides a thorough understanding of market shares, size, current trends, and sales value.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง:
A parking management system is a complete solution that utilizes software and hardware components to manage and monitor parking lots properly. It uses a web of networked devices, cameras, sensors, and parking management software programs to automate a variety of parking activities, such as entry and exit control, money collecting, spot distribution, and security tracking. A parking management system's primary goal is to maximize the use of available parking spaces, alleviate congestion, and improve users' overall parking experiences. By automating and digitizing manual operations, the system eliminates the need for traditional paper-based ticketing systems and manual monitoring, resulting in greater efficiency and accuracy.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
The key players in the industry are introducing new products and solutions to meet the growing consumer needs. The major participants in the market are:
โ€ข Skyline Parking AG
โ€ข Siemens AG
โ€ข T2 Systems
โ€ข IBM Corporation
โ€ข Swarco Corporation
โ€ข Kapsch TrafficCom

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ:
The significant growth in the global automotive industry primarily drives the parking management systems market. Along with the growing need to streamline traffic flow in urban areas, the increase in consumer purchasing power owing to growing disposable incomes and improving living standards has increased the demand for luxury passenger vehicles worldwide, thereby increasing the adoption of parking management systems in recent years.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/Homecontroller/buyReport

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐๐š๐ซ๐ค๐ข๐ง๐  ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ข Upgrade your market research resources with this comprehensive and accurate report on the Parking Management Systems Market Report.
โ€ข Get Detail understanding of market scenarios and future market situations to prepare for rising above the challenges and ensuring strong growth.
โ€ข The report offers in-depth research and various tendencies of the Parking Management Systems Market Report.
โ€ข It provides a detailed analysis of changing market trends, current and future technologies used, and various strategies adopted by leading players of the Parking Management Systems Market Report.
โ€ข It offers recommendations and advice for new entrants of the Parking Management Systems Market Report and carefully guides established players for further market growth.
โ€ข Apart from the newest technological advances in the Parking Management Systems Market Report, it brings to light the future plans of dominant players in the industry.

๐…๐€๐'๐ฌ:
โ€ข What are the key factors impacting the Parking Management Systems Market?
โ€ข Which companies play a major role as primary contributors in this industry?
โ€ข What opportunities, risks, and overall structure characterize the market?
โ€ข How do the leading Parking Management Systems Market companies compare in terms of sales, revenue, and pricing?
โ€ข Who are the distributors, traders, and dealers serving in the Parking Management Systems Market?
โ€ข How are market types, applications, and transactions explored in terms of deals, revenue, and value?
โ€ข What implications do assessments of agreements, income, and value hold for a business area?

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market

๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐Œ๐จ๐๐ž๐ฅ ๐๐š๐ฌ๐ž๐ ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/model-based-enterprise-market

๐Ž๐ฉ๐ญ๐ข๐œ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐œ๐ž๐ข๐ฏ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/optical-transceiver-market

๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/quantum-computing-market

๐๐จ๐ฌ๐ญ-๐ก๐š๐ซ๐ฏ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/post-harvest-treatment-market

๐€๐ง๐ญ๐ข-๐‚๐จ๐ฎ๐ง๐ญ๐ž๐ซ๐Ÿ๐ž๐ข๐ญ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/anti-counterfeit-packaging-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Parking Management Systems Market is anticipated to reach USD 8.23 Billion by 2032ย  here

News-ID: 3507428 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Test and Measurement Equipment Market Demand Will Reach a Value of US$ 59.03 Billion with 4.2% CAGR Growth From 2025 to 2034
Test and Measurement Equipment Market Demand Will Reach a Value of US$ 59.03 Bil โ€ฆ
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค: ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ญ๐ž๐ฌ๐ญ ๐š๐ง๐ ๐ฆ๐ž๐š๐ฌ๐ฎ๐ซ๐ž๐ฆ๐ž๐ง๐ญ ๐ž๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 39.08 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ 59.03 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2034. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 4.2% ๐Ÿ๐ซ๐จ๐ฆ 2025 ๐ญ๐จ 2034. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Laptops and mobile phones are massive machines utilized in industries that are examined through various levels to sanction flawless functioning and positive security. The tools utilized to examineโ€ฆ
Superconducting Wire Market Projected to Surpass US$ 2.97 Billion Witnessing 9.6% CAGR Growth Forecast By 2032
Superconducting Wire Market Projected to Surpass US$ 2.97 Billion Witnessing 9.6 โ€ฆ
๐“๐ก๐ž ๐ฌ๐ฎ๐ฉ๐ž๐ซ๐œ๐จ๐ง๐๐ฎ๐œ๐ญ๐ข๐ง๐  ๐ฐ๐ข๐ซ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 1.3 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023. ๐ˆ๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐ก๐š๐ญ ๐ข๐ญ ๐ข๐ฌ ๐ ๐จ๐ข๐ง๐  ๐ญ๐จ ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 9.6%, ๐Ÿ๐ซ๐จ๐ฆ ๐š ๐ฏ๐š๐ฅ๐ฎ๐ž ๐จ๐Ÿ ๐”๐’๐ƒ 1.43 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024 ๐ญ๐จ ๐”๐’๐ƒ 2.97 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2032. ๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐ซ๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ข๐ฌ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ซ๐ž: โ€ข The increasing use of superconducting wire in place of traditional wires is boosting market demand. โ€ข The growth of offshore wind farmsโ€ฆ
Small Modular Reactor Market Growth Prospects Predicted to Reach US$ 14,582.41 Million with 3.6% CAGR Growth Forecast By 2032
Small Modular Reactor Market Growth Prospects Predicted to Reach US$ 14,582.41 M โ€ฆ
๐’๐ฆ๐š๐ฅ๐ฅ ๐Œ๐จ๐๐ฎ๐ฅ๐š๐ซ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐ฆ๐š๐ฅ๐ฅ ๐ฆ๐จ๐๐ฎ๐ฅ๐š๐ซ ๐ซ๐ž๐š๐œ๐ญ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ 9,884.88 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ 14,582.41 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 3.6% ๐Ÿ๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032. ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง: Small modular reactors are progressive nuclear reactors that possess a power potential of up to 300 MW per unit, which is roughly one-thirdโ€ฆ
The Aircraft Cabin Interiors Market is projected to reach $47.37 billion by 2032, growing at a CAGR of 7.50%.
The Aircraft Cabin Interiors Market is projected to reach $47.37 billion by 2032 โ€ฆ
๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐œ๐š๐›๐ข๐ง ๐ข๐ง๐ญ๐ž๐ซ๐ข๐จ๐ซ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐Ÿ’.๐Ÿ–๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ’๐Ÿ•.๐Ÿ‘๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ•.๐Ÿ“๐ŸŽ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: The aerospace industry is encountering a prototype in the way cabin interiors are outlined and armed. Passenger's anticipation for solace, technology, and attraction has pushed manufacturers to the most recentโ€ฆ

All 5 Releases


More Releases for Parking

Automated Parking Systems Market Statistics and Comprehensive Insights Outlook 2 โ€ฆ
Latest Study on Industrial Growth of Automated Parking Systems Market 2022-2028. A detailed study accumulated to offer Latest insights about acute structures of the Automated Parking Systems market. The report contains different market predictions related to revenue size, production, CAGR, gross margin, price, and other important factors. While highlighting the key driving and restraining forces for this market, the report also offers a broad study of the future trends andโ€ฆ
Automated Parking Systems Market 2022 Insights with Statistics and Growth Predic โ€ฆ
Theย Automated Parking Systemsย market outlookย looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides pre COVID-19 historic data, the impact of the COVID-19, and also forecasts its recoveryโ€ฆ
Global Smart Parking Systems Market (By Parking Site Type - On-street Parking, O โ€ฆ
According to OMR analysis, the global smart parking market is estimated to grow at a significant CAGR during the forecast period(2018-2023). North America has the largest market share in terms of revenue from such system installation, as traffic management is one of the key concerns for government in the country. APAC region is growing significantly, which indicates a good potential of these markets to becoming a dominating region. Countriesโ€ฆ
Automated Parking Management Systems Market to Witness Huge Growth by 2027 - Sky โ€ฆ
Automated parking management system consists of hardware and software components that provide assistance in optimizing management of vehicle parking. These are the mechanical systems that help in minimizing the volume required for parking the cars. The automated parking management system market is experiencing a high demand for a more efficient solution due to the increasing demand for safe and efficient parking solutions, especially in urban areas. The "Global Automated Parking Managementโ€ฆ
Automated Parking Management Systems Market| Skyline Parking AG, CityLift, Robot โ€ฆ
This report analyzes and forecasts the market for automated parking management systems at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (million units) from 2018 to 2026. The study includes drivers and restraints of the global automated parking management system market. It also covers the impact of these drivers and restraints on demand for automated parking management systems during the forecastโ€ฆ
Automated Parking Systems Market to 2021 - Analysis of CityLift Parking, KLAUS M โ€ฆ
MarketResearchNest.com adds โ€œGlobal Automated Parking Systems Market 2017-2021โ€ new report to its research database. The report spread across 83 pages with table and figures in it. Research analysts forecast the global automated parking systems market to grow at a CAGR of 11.42% during the period 2017-2021. About Automated Parking Systems The global parking systems market comprises robotic (AGV-based system), semi-automated, as well as fully-automated parking systems that are used in residential, commercial, andโ€ฆ