Parking Management Market System Research Report Industry Company Solution, Size

Report Overview @ https://www.progressivemarkets.com/industry-research/parking-management-market

Proper parking management can resolve the problem of traffic congestion and other transportation-related problems. Therefore, the need for a well-organized and smart parking system is growing. Nowadays, the advanced parking management systems provide a high level of convenience to the drivers, which in turn helps in automating and simplifying the business operations and other functions at the parking site. The global parking management market is expected to grow at a CAGR of around 10% from 2017 to 2025.

Based on solution, the market is divided into security and investigation, access control & management solutions, parking controls, valet parking management, and parking slot management. Based on site type, the parking management market is sub-divided into on-street parking, and off-street parking.

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Parking Management Market Drivers:
• Concern for safety, security, and connectivity boosts the use of parking management solutions
• Need for smooth flow of traffic
• Increased production of vehicles leading to parking concern

Parking Management Industry by Solution
• Security and Investigation
• Access Control & Management Solutions
• Parking Controls
• Valet Parking Management
• Parking Slot Management

According to services, it is categorized into professional services and managed services. Based on application, the market is categorized into aerospace and defense, energy & utilities, oil & gas, retail and consumer goods, healthcare, financial & insurance, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Parking Management Market Restraints:
• High implementation cost
• Lack of system integration

Key Point from Table of content
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis

Parking Management Industry by Application
• Aerospace & Defense
• Energy & Utilities
• Oil & Gas
• Retail & Consumer Goods
• Healthcare
• Financials & Insurance
• Others

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