Parking Management Solution Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Choose License

Report Code: ZMR-1832 | Report Format : | Status : Upcoming |

Abstract

Global Parking Management Solution Market: Overview

Parking management solution is basically a set of hardware that is designed and developed so as to maintain and manage parking spaces mainly in high-demand areas, particularly on-street parking spaces. Multi-space parking meters and single-space parking meters are key hardware utilized in parking management solutions. These are incorporated with centralized data management and automated payment systems, which aid people to find vacant parking spaces in preferred locations.

Global Parking Management Solution Market: Growth Factors

The global parking management solution market is witnessing high growth mainly owing to the increasing traffic blocking and the need for well-organized parking systems in order to overcome parking issues all around the world. High demand for on-street and off-street parking spaces, general outdoor and indoor parking spaces including garages and parking lots operated by private agencies is also anticipated to boost the global parking management solution market growth. Key players are focusing on widening their product line and providing integrated solutions in order to manage parking requirements efficiently. In addition, development of reliable, customer-friendly, and cost-effective solutions is further the main aim the major players in the global market.

Global Parking Management Solution Market: Segmentation

The global parking management solution market is segmented on the basis of type, installed location, and regions. Based on the type, the global market is segmented as parking meters and parking kiosks. On the basis of installed location, the global market is segmented as parking venues and street parking. Geographically, the global market is segmented as Europe, North America, Asia-Pacific, South America, and the Middle East & Africa.

Global Parking Management Solution Market: Regional Analysis

Increasing number of vehicles in the U.S., in turn, impacts the demand for well-organized parking management solutions in a positive way. As a result, the U.S. is anticipated to witness high growth in the global market. In addition, Europe is also expected to contribute a considerable share mainly due to the increasing demand for off-street and on-street parking spaces. The EU directives to reduce environmental pollution are also contributing to the growth of the market in Europe. The global parking management solution market is also anticipated to flourish in Asia-Pacific and Latin American regions owing to the rising number of municipalities in developing countries including India, China, South Korea, and Brazil. Rising safety concerns of pedestrians need for smooth traffic movement, and regulations for reducing pollution are other major factors enhancing the growth of the global parking management solution market in these regions. Key cities around the world such as London, Los Angeles, San Francisco, Shanghai, Berlin, Hong King, Tokyo, and Beijing are making use of advanced parking management solutions in order to overcome and address traffic blocking and transportation issues.

Global Parking Management Solution Market: Competitive Players

Some of the major players in the global parking management solution market are IPS Group Inc., Parkeon S.A.S, Ventek International, LocoMobi Inc., J.J. Mackay Canada Limited, Cale Access AB, METRIC Group Ltd., Parking BOXX, Worldwide Parking Inc., POM Inc, and CivicSmart Inc.

Global Parking Management Solution Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

IT Asset Management (ITAM) Software Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2633 | Report Format:

Global IT Asset Management (ITAM) Software Market: Overview The software utilized for the implementation of IT asset management activities is known as IT asset management (ITAM) software. The IT asset management software can also be defined as a group of business practices joining contractual, f...Read More

IoT Devices Market by Device Type (Processor, Sensor, Connectivity IC and Others) for Building and Home Automation, Energy and Utilities, Manufacturing, Connected Logistics, BFSI, Transportation, Connected Health and Others): Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2016 – 2024

Feb-2018 | Price : $ 4199.00 | Pages: 170 | Report Code: ZMR-2631 | Report Format:

Report Brief The report covers forecast and analysis for the IoT devices market on a global and regional level The report includes the positive and the negative factors that are influencing the growth of the market Detailed information about the market opportunities are discussed The key targ...Read More

Hotel and Hospitality Management Software Market By Hotel Type (Business Hotels, Heritage and Boutique Hotels, and Resorts and Spas); By Type (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, and Integrated Communication Technology Solutions); By Deployment Type (On-premises, SaaS-based)Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2022

Feb-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2625 | Report Format:

Report Brief The report covers forecast and analysis for the hotel and hospitality management software market on a global and regional level The report includes the drivers and the restraints that affect the growth of the market Detailed information about the market opportunities are discussed...Read More

Smart Parking Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2624 | Report Format:

Global Smart Parking Systems Market: Overview Getting a car space is a boring task, specifically in crowded regions, such as shopping malls, airports, or residential complexes, due to the increased densities of the vehicle thus elevating congestion. These reasons allow the requirement for the gr...Read More

BlockChain Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2621 | Report Format:

Blockchain Market: Overview The overall mechanism of the blockchain can be defined as a list of records, termed as blocks that expand constantly. This overall block is secured and linked through cryptography. Every block in the chain has a cryptographic hash that links to the previous block, tra...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry