Smart Parking System Market to Reach USD 12.89 Billion by 2031, Expanding at 15.0% CAGR from 2025 to 2031

LOS ANGELES, United States: The factual, unbiased, and thorough assessment of the global Smart Parking System market presented in the report assures players of access to much-needed information and data to plan effective growth strategies. The report has made a brilliant attempt to provide a comprehensive research study on industry value chain, major companies, deployment models, and key opportunities, drivers, and restraints of the global Smart Parking System market. It shows how the global Smart Parking System market will advance or lack growth during each year of the forecast period. Readers are offered with detailed and near-accurate predictions of CAGR and market size of the global Smart Parking System market and its important segments.

The global Smart Parking System market was valued at US$ 4912 million in 2024 and is anticipated to reach US$ 12890 million by 2031, witnessing a CAGR of 15.0% during the forecast period 2025-2031.

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Smart Parking refers to the comprehensive application of wireless communication technology, mobile terminal technology, GPS positioning technology, GIS technology, etc. to the collection, management, query, reservation and navigation services of urban parking spaces to realize real-time update, query, reservation and navigation of parking space resources. The integration of navigation services can maximize the utilization of parking space resources, maximize the profit of the parking lot and optimize the parking service for car owners.

Global key players of smart parking system include Amano Corporation, Cubic Corporation, Swarco AG, etc. The top three players hold a share nearly 23%.

Service providers of smart parking system are mainly located in Japan, Europe, United States, and China, they occupied for a share over 40%. Asia-Pacific is the largest market, has a share about 35%, followed by North America and Europe, with share 31% and 27%, separately.

Besides an exhaustive evaluation of leading trends of the global Smart Parking System market, the report offers deep analysis of market development and future market changes. It includes Porter's Five Forces analysis, PESTLE analysis, and qualitative as well as quantitative analysis for complete research on the global Smart Parking System market. It closely focuses on technological development of the global Smart Parking System market and its impact on the business of market players. With the help of the report, players will be able to become familiar with production and consumption trends of the global Smart Parking System market.

Vendor Landscape Analysis

The competitive landscape of the global Smart Parking System market is extensively researched in the report. The analysts have largely concentrated on company profiling of major players and also on competitive trends. All of the companies studied in the report are profiled on the basis of production, revenue, growth rate, markets served, areas served, market share, and market growth. The report will help readers to study significant changes in market competition, the level of competition, and factors impacting future market competition. It discusses important target market strategies that leading players are expected to adopt in future. In addition, it throws light on future plans of key players.

Details of Smart Parking System Market Segmentation: -

Segment by Key Manufacturers:

Amano Corporation
Cubic Corporation
Swarco AG
JIESHUN
SKIDATA
Thales
KEYTOP
ETCP
CAME Parkare
Kapsch TrafficCom
Yunex Traffic
Hangzhou Reformer
SpotHero
Vision-zenith
Smart Parking
Parkbees
Bluecard Technologies

Segment by Type

Intelligent Parking Equipment
Intelligent Parking Software Service

Segment by Application

Off-Street
On-Street

The report offers deep insights into leading segments of the global Smart Parking System market and explains key factors helping them to collect a larger share. It provides accurate growth rate and market size achieved by each segment during the forecast period. This will help players to identify lucrative segments and plan out specific strategies to gain maximum profit from them. The report also includes sales growth, revenue, and price changes observed in important segments. Most importantly, the segmental analysis equips players with useful information and data to make the best of opportunities available in different segments.

Highlights of Report

(1) Buyers of the report will have access to unique information about top 10 players of the global Smart Parking System market

(2) The report informs readers about future products and technologies to be introduced in the global Smart Parking System market

(3) Readers are offered with comprehensive analysis on key revenue pockets of the global Smart Parking System market

(4) The report provides details about long-term and short-term strategies adopted by major players of the global Smart Parking System market

(5) The authors of the report have provided demand and growth trends of the global Smart Parking System market and also its segments

(6) In the geographical analysis section, the report discusses about recent market developments in different regions and countries

The report can be used by players, stakeholders, and investors since it caters to all of them in a unique fashion. It offers special analysis on various competitive scenarios to help players to better compete in the global Smart Parking System market. In the competitive analysis section, it provides a detailed list of important mergers and acquisitions, collaborations, and partnerships that key players have signed when operating in the global Smart Parking System market. In the concluding part of the report, the analysts have provided powerful recommendations and suggestions to help players to ensure healthy growth in the global Smart Parking System market.

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Table of Content

1 Smart Parking System Market Overview
1.1 Product Definition
1.2 Smart Parking System by Type
1.2.1 Global Smart Parking System Market Value by Type (2020-2031)
1.2.2 Intelligent Parking Equipment
1.2.3 Intelligent Parking Software Service
1.3 Smart Parking System by Application
1.3.1 Global Smart Parking System Market Value by Application 2020-2031)
1.3.2 Off-Street
1.3.3 On-Street
1.4 Global Smart Parking System Revenue (2020-2031)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis
3 Players Competitive Analysis
3.1 Global Smart Parking System Revenue by Player (2020-2025)
3.2 Smart Parking System Company Evaluation Quadrant
3.3 Industry Rank
3.3.1 Global Key Players of Smart Parking System, Industry Ranking, 2023 VS 2024
3.3.2 Global Smart Parking System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3.3 Global Smart Parking System Market Concentration Rate
3.3.4 Global 5 and 10 Largest Smart Parking System Players Market Share by Revenue
3.4 Smart Parking System Market: Overall Company Footprint Analysis
3.4.1 Smart Parking System Market: Region Footprint
3.4.2 Smart Parking System Market: Company Product Type Footprint
3.4.3 Smart Parking System Market: Company Product Application Footprint
3.4.4 Global Key Players of Smart Parking System, Date of Enter into This Industry
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
4 Players Profiles
4.1 Amano Corporation
4.1.1 Amano Corporation Company Details
4.1.2 Amano Corporation Business Overview
4.1.3 Amano Corporation Smart Parking System Introduction
4.1.4 Amano Corporation Revenue in Smart Parking System Business (2020-2025)
4.1.5 Amano Corporation Recent Development
4.2 Cubic Corporation
4.2.1 Cubic Corporation Company Details
4.2.2 Cubic Corporation Business Overview
4.2.3 Cubic Corporation Smart Parking System Introduction
4.2.4 Cubic Corporation Revenue in Smart Parking System Business (2020-2025)
4.2.5 Cubic Corporation Recent Development
4.3 Swarco AG
4.3.1 Swarco AG Company Details
4.3.2 Swarco AG Business Overview
4.3.3 Swarco AG Smart Parking System Introduction
4.3.4 Swarco AG Revenue in Smart Parking System Business (2020-2025)
4.3.5 Swarco AG Recent Development
4.4 JIESHUN
4.4.1 JIESHUN Company Details
4.4.2 JIESHUN Business Overview
4.4.3 JIESHUN Smart Parking System Introduction
4.4.4 JIESHUN Revenue in Smart Parking System Business (2020-2025)
4.4.5 JIESHUN Recent Development
4.5 SKIDATA
4.5.1 SKIDATA Company Details
4.5.2 SKIDATA Business Overview
4.5.3 SKIDATA Smart Parking System Introduction
4.5.4 SKIDATA Revenue in Smart Parking System Business (2020-2025)
4.5.5 SKIDATA Recent Development
4.6 Thales
4.6.1 Thales Company Details
4.6.2 Thales Business Overview
4.6.3 Thales Smart Parking System Introduction
4.6.4 Thales Revenue in Smart Parking System Business (2020-2025)
4.6.5 Thales Recent Development
4.7 KEYTOP
4.7.1 KEYTOP Company Details
4.7.2 KEYTOP Business Overview
4.7.3 KEYTOP Smart Parking System Introduction
4.7.4 KEYTOP Revenue in Smart Parking System Business (2020-2025)
4.7.5 KEYTOP Recent Development
4.8 ETCP
4.8.1 ETCP Company Details
4.8.2 ETCP Business Overview
4.8.3 ETCP Smart Parking System Introduction
4.8.4 ETCP Revenue in Smart Parking System Business (2020-2025)
4.8.5 ETCP Recent Development
4.9 CAME Parkare
4.9.1 CAME Parkare Company Details
4.9.2 CAME Parkare Business Overview
4.9.3 CAME Parkare Smart Parking System Introduction
4.9.4 CAME Parkare Revenue in Smart Parking System Business (2020-2025)
4.9.5 CAME Parkare Recent Development
4.10 Kapsch TrafficCom
4.10.1 Kapsch TrafficCom Company Details
4.10.2 Kapsch TrafficCom Business Overview
4.10.3 Kapsch TrafficCom Smart Parking System Introduction
4.10.4 Kapsch TrafficCom Revenue in Smart Parking System Business (2020-2025)
4.10.5 Kapsch TrafficCom Recent Development
4.11 Yunex Traffic
4.11.1 Yunex Traffic Company Details
4.11.2 Yunex Traffic Business Overview
4.11.3 Yunex Traffic Smart Parking System Introduction
4.11.4 Yunex Traffic Revenue in Smart Parking System Business (2020-2025)
4.11.5 Yunex Traffic Recent Development
4.12 Hangzhou Reformer
4.12.1 Hangzhou Reformer Company Details
4.12.2 Hangzhou Reformer Business Overview
4.12.3 Hangzhou Reformer Smart Parking System Introduction
4.12.4 Hangzhou Reformer Revenue in Smart Parking System Business (2020-2025)
4.12.5 Hangzhou Reformer Recent Development
4.13 SpotHero
4.13.1 SpotHero Company Details
4.13.2 SpotHero Business Overview
4.13.3 SpotHero Smart Parking System Introduction
4.13.4 SpotHero Revenue in Smart Parking System Business (2020-2025)
4.13.5 SpotHero Recent Development
4.14 Vision-zenith
4.14.1 Vision-zenith Company Details
4.14.2 Vision-zenith Business Overview
4.14.3 Vision-zenith Smart Parking System Introduction
4.14.4 Vision-zenith Revenue in Smart Parking System Business (2020-2025)
4.14.5 Vision-zenith Recent Development
4.15 Smart Parking
4.15.1 Smart Parking Company Details
4.15.2 Smart Parking Business Overview
4.15.3 Smart Parking Smart Parking System Introduction
4.15.4 Smart Parking Revenue in Smart Parking System Business (2020-2025)
4.15.5 Smart Parking Recent Development
4.16 Parkbees
4.16.1 Parkbees Company Details
4.16.2 Parkbees Business Overview
4.16.3 Parkbees Smart Parking System Introduction
4.16.4 Parkbees Revenue in Smart Parking System Business (2020-2025)
4.16.5 Parkbees Recent Development
4.17 Bluecard Technologies
4.17.1 Bluecard Technologies Company Details
4.17.2 Bluecard Technologies Business Overview
4.17.3 Bluecard Technologies Smart Parking System Introduction
4.17.4 Bluecard Technologies Revenue in Smart Parking System Business (2020-2025)
4.17.5 Bluecard Technologies Recent Development
5 Analysis by Region
5.1 Global Smart Parking System Market Size by Region
5.1.1 Global Smart Parking System Revenue by Region: 2020 VS 2024 VS 2031
5.1.2 Global Smart Parking System Revenue by Region (2020-2025)
5.1.3 Global Smart Parking System Revenue by Region (2026-2031)
5.1.4 Global Smart Parking System Revenue Market Share by Region (2020-2031)
5.2 North America Smart Parking System Revenue (2020-2031)
5.3 Europe Smart Parking System Revenue (2020-2031)
5.4 Asia-Pacific Smart Parking System Revenue (2020-2031)
5.5 South America Smart Parking System Revenue (2020-2031)
5.6 Middle East & Africa Smart Parking System Revenue (2020-2031)
6 Market Scenario by Region & Country
6.1 Global Smart Parking System Revenue by Region & Country: 2020 Versus 2024 Versus 2031
6.2 Global Smart Parking System Revenue by Region & Country (2020-2031)
6.3 North America Smart Parking System Market Facts & Figures by Country
6.3.1 North America Smart Parking System Revenue by Country: 2020 VS 2024 VS 2031
6.3.2 North America Smart Parking System Revenue by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.4 Europe Smart Parking System Market Facts & Figures by Country
6.4.1 Europe Smart Parking System Revenue by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Smart Parking System Revenue by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific Smart Parking System Market Facts & Figures by Region
6.5.1 Asia Pacific Smart Parking System Market Size by Region: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Smart Parking System Revenue by Region (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Indonesia
6.5.10 Thailand
6.5.11 Malaysia
6.5.12 Philippines
6.6 South America Smart Parking System Market Facts & Figures by Country
6.6.1 South America Smart Parking System Market Size by Country: 2020 VS 2024 VS 2031
6.6.2 South America Smart Parking System Revenue by Country
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Argentina
6.7 Middle East and Africa Smart Parking System Market Facts & Figures by Country
6.7.1 Middle East and Africa Smart Parking System Market Size by Country: 2020 VS 2024 VS 2031
6.7.2 Middle East and Africa Smart Parking System Revenue by Country
6.7.3 Turkey
6.7.4 Saudi Arabia
6.7.5 UAE
7 Segment by Type
7.1 Global Smart Parking System Revenue by Type (2020-2025)
7.2 Global Smart Parking System Revenue by Type (2026-2031)
7.3 Global Smart Parking System Revenue Market Share by Type (2020-2031)
8 Segment by Application
8.1 Global Smart Parking System Revenue by Application (2020-2025)
8.2 Global Smart Parking System Revenue by Application (2026-2031)
8.3 Global Smart Parking System Revenue Market Share by Application (2020-2031)
9 Industry Chain and Sales Channels Analysis
9.1 Smart Parking System Industry Chain Analysis
9.2 Smart Parking System Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 Smart Parking System Production Mode & Process
9.4 Smart Parking System Sales and Marketing
9.4.1 Smart Parking System Sales Channels
9.4.2 Smart Parking System Distributors
9.5 Smart Parking System Customers
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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