The global parking management market size was valued at USD 3,684.1 million in 2018 and is expected to register a CAGR of +9.4% from 2019 to 2025

An increase in the number of vehicles worldwide is driving the demand for an effective management system to counteract parking problems. Traffic congestion problems, accidents and environmental risks are growing worldwide and are also creating the need for efficient and flexible parking management solutions. The adoption of solutions such as parking management software, the ParkPlus system and the bicycle parking system offers improved scalability and flexibility to address parking problems efficiently.

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Poor parking management leads to overcrowding of vehicles, resulting in traffic congestion. It also contributes to air pollution and noise. The use of GPS, smartphones and cloud software is increasing for the development of easy-to-find mobile applications that provide real-time data to help drivers navigate the nearest vacant parking space. The growing demand for real-time data to determine the availability of parking spaces is expected to drive the demand for parking management solutions. It is also projected that the increasing adoption of parking management systems on corporate campuses, airports and commercial complexes will drive market growth during the forecast period.

Major vendors in the global parking management market include Conduent (US), Amano Corporation (Japan), Q-Free ASA (Norway), Indigo Park Services (UK)), Chetu (US), Streetline (US), SWARCO (Austria), T2 Systems (US), SKIDATA (Austria), Flowbird Group (France), INRIX (US), Flashparking (US), Parkmobile (US), Passport (US), SpotHero (US), TIBA Parking Systems (US), Urbiotica (Spain), Smart Parking (Australia), SAP (Germany), Siemens (Germany), APCOA (US), Bosch Mobility Solutions (Germany), GET MY PARKING (India), Nester(UAE), and NuPark (US).

Based on Type, the Parking Management market has the following segments:

Solutions
  • Parking Guidance Solution
  • Parking Reservation Management
  • Parking Permit Management
  • Parking Enforcement Management
  • Parking Access and Revenue Control
  • Parking Security and Surveillance
  • Parking Analytics
Services
  • Professional services
Consulting System Integration and Deployment Support and Maintenance
  • Managed services
Based on Deployment Type, the market has the following segments:
  • On-Premises
  • Cloud
Based on Parking Site, the market has the following segments:
  • Off-street Parking
  • On-street Parking
Get a massive discount on this report: https://www.marketresearchinc.com/ask-for-discount.php?id=30704 Table of Content                                  Chapter 1 Global Parking Management Market Overview Chapter 2 Global Economic Impact on Parking Management Industry Chapter 3 Global Parking Management Market Competition by Manufacturers Chapter 4 Global Parking Management Production, Revenue (Value) by Region (2012-2018) Chapter 5 Global Parking Management Supply (Production), Consumption, Export, Import by Regions (2012-2018) Chapter 6 Global Parking Management Production, Revenue (Value), Price Trend by Type Chapter 7 Global Parking Management Market Analysis by Application Chapter 8 Parking Management Manufacturing Cost Analysis To continue….. About Us: Market Research Inc is farsighted in its view and covers massive ground in Global research. Local or Global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other.  When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing Global thought leadership. We help your product/service become the best they can with our informed approach. Contact Us: Author Kevin US Address: 51 Yerba Buena Lane, Ground Suite, Inner Sunset San Francisco, CA 94103, USA Call Us: +1 (628) 225 1818 Email: sales@marketresearchinc.com