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Parking Reservation System Market worth $3.40 billion by 2030, growing at a CAGR of 10.56% - Exclusive Report by 360iResearch
Parking Reservation System Market | 360iResearch
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A Parking Reservation System (PRS) is an automated solution that helps users find, book, and manage parking spaces through hardware and software, enhancing efficiency and reducing search time for parking. It is essential due to rising urbanization and vehicle numbers, reducing traffic congestion, saving time, lowering carbon emissions, and increasing revenue potential for parking lot operators. PRS applications span urban areas, airports, commercial complexes, event venues, and office buildings. Key growth factors include technological advancements, increased vehicle ownership, environmental concerns, and supportive government regulations. Opportunities arise from smart city projects, partnerships with automotive and tech companies, e-commerce integration, and expansion in emerging markets. Challenges include high installation costs, technological hurdles, resistance to new technologies, and maintenance needs. Innovation areas involve integration with autonomous vehicles, AI and machine learning for predictive analytics, renewable energy-powered PRS, and user experience improvements. The market is dynamic and competitive, driven by technological advancements and the need for effective urban infrastructure solutions, creating numerous opportunities for innovation and research.
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Market Segmentation & Coverage:
This research report categorizes the Parking Reservation System Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Solution, market is studied across Mobile-based Parking Reservation System, Voice Call-based Parking Reservation System, and Web-based Parking Reservation System.
Based on Deployment, market is studied across Cloud-based and On-Premise.
Based on Application, market is studied across Off-street and On-street.
Based on End-User, market is studied across Airports, Commercial Parking Spaces, Government & Municipalities, Hospitals, and Shopping Malls.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Parking Reservation System Market, highlighting leading vendors and their innovative profiles. These include ACE Parking, APCOA PARKING Holdings GmbH, BestParking by ParkWhiz, Conduent, Inc., EasyPark AB, Flowbird S.A.S, HonkMobile, INRIX, Inc., JustPark Parking Limited, LAZ Parking, National Car Parks Limited by PARK24 CO.,LTD., Parkalot.io, Parkopedia Limited, Planyo by Xtreeme Sagl, Plus4U Net a.s., Q-Park B.V., Robert Bosch GmbH, Ronspot Ltd, SKIDATA GmbH, SP Plus Corporation, SpotAngels, SWARCO AG, The Chauntry Corporation Ltd, VEVS by StivaSoft Ltd., and Way.com, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Parking Reservation System Market, by Solution
7. Parking Reservation System Market, by Deployment
8. Parking Reservation System Market, by Application
9. Parking Reservation System Market, by End-User
10. Americas Parking Reservation System Market
11. Asia-Pacific Parking Reservation System Market
12. Europe, Middle East & Africa Parking Reservation System Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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