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Parking Reservation System Market by Type (Off-Street Parking and On-Street Parking), by Solution (Web-Based, Mobile Vertical-Based, and Voice Call-Based), and by Vertical (Retail, Government, Hospitality, Transportation & Transit, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Published Date: 23-Apr-2019 Category: Technology & Media Report Format : PDF Pages: 172 Report Code: ZMR-4057 Status : Published

Global parking reservation system market expected to reach approximately USD 5,718 million in 2026, at a CAGR of slightly above 23.4% between 2019 and 2026. Parking reservation system helps drivers with reserve parking for their vehicles. This system also permits users to check their parking statuses.

Description

The report covers a forecast and an analysis of the parking reservation system market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints of the parking reservation system market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the parking reservation system market on a global level.

This report offers a comprehensive analysis of the global parking reservation system market along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Parking Reservation System Market

The global parking reservation system market is segmented on the basis of type, solution, vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, India, Japan, Australia, South Korea, Brazil, Argentina, Saudi Arabia, UAE, and South Africa.

Some renowned key players of the global parking reservation system market are Ace Parking Management, Amano Corporation, PCOA Parking, Complus Data Innovations, IBM, Indigo, INRIX, JustPark, LAZ Parking, NCP, Port Labs, QPARK, Siemens Mobility GmbH, SP Plus Corporation, and SpotHero.

This report segments the global parking reservation system market into:

Parking Reservation System Market: Type Analysis

  • Off-Street Parking
  • On-Street Parking

Parking Reservation System Market: Solution Analysis

  • Web-Based
  • Mobile Application-Based
  • Voice Call-Based

Parking Reservation System Market: Vertical Analysis

  • Retail
  • Government
  • Hospitality
  • Transportation and Transit
  • Others

Parking Reservation System Market: Regional Analysis

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

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Vertical and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Parking Reservation System Market, 2016-2026 (USD Million)
    • 2.2. Parking Reservation System Market: MarketSnapshot
  •  
  • Chapter 3. Global Parking Reservation System Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry Analysis
    • 3.3. Technology Landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. The rising number of cyber-attacks globally
    • 3.6. Opportunity
      • 3.6.1. Increase in investments in smart city projects
      • 3.6.2. IoT-based smart parking reservation systems
    • 3.7. Innovation & Sustainability
    • 3.8. Regulatory Landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Parking Reservation System Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Type
      • 3.11.2. Market Attractiveness Analysis by Solution
      • 3.11.3. Market Attractiveness Analysis by Vertical
      • 3.11.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Parking Reservation System Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Parking Reservation System Market - Type Analysis
    • 5.1. Global Parking Reservation System Market Revenue Share, by Type, 2018 and 2026
    • 5.2. Global Parking Reservation System Market by Off-Street Parking, 2016-2026 (USD Million)
    • 5.3. Global Parking Reservation System Market by On-Street Parking, 2016-2026 (USD Million)
  •  
  • Chapter 6. Parking Reservation System Market - Solution Analysis
    • 6.1. Global Parking Reservation System Market Revenue Share, by Solution, 2018 and 2026
    • 6.2. Global Parking Reservation System Market by Web-Based, 2016-2026 (USD Million)
    • 6.3. Global Parking Reservation System Market by Mobile application-based, 2016-2026 (USD Million)
    • 6.4. Global Parking Reservation System Market by Voice Call-Based, 2016-2026 (USD Million)
  •  
  • Chapter 7. Parking Reservation System Market - Vertical Analysis
    • 7.1. Global Parking Reservation System Market Revenue Share, by Vertical, 2018 and 2026
    • 7.2. Global Parking Reservation System Market by Retail, 2016-2026 (USD Million)
    • 7.3. Global Parking Reservation System Market by Government, 2016-2026 (USD Million)
    • 7.4. Global Parking Reservation System Market by Hospitality, 2016-2026 (USD Million)
    • 7.5. Global Parking Reservation System Market by Transportation and Transit, 2016-2026 (USD Million)
    • 7.6. Global Parking Reservation System Market by Others, 2016-2026 (USD Million)
  •  
  • Chapter 8. Parking Reservation System Market - Regional Analysis
    • 8.1. Global Parking Reservation System Market Revenue Share, by Region, 2018 and 2026
    • 8.2. North America
      • 8.2.1. North America Parking Reservation System Market Revenue, 2016-2026 (USD Million)
      • 8.2.2. North America Parking Reservation System Market Revenue, By Type, 2016-2026 (USD Million)
      • 8.2.3. North America Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
      • 8.2.4. North America Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.2.5.2. The U.S. Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.2.5.3. The U.S. Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.2.6.2. Canada Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.2.6.3. Canada Parking Reservation System Market Revenue,By Vertical, 2016-2026 (USD Million)
      • 8.2.7. Mexico
        • 8.2.7.1. Mexico Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.2.7.2. Mexico Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.2.7.3. Mexico Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Parking Reservation System Market Revenue, 2016-2026 (USD Million)
      • 8.3.2. Europe Parking Reservation System Market Revenue, By Type, 2016-2026 (USD Million)
      • 8.3.3. Europe Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
      • 8.3.4. Europe Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. UK Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.5.2. UK Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.3.5.3. UK Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.6.2. France Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.3.6.3. France Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.7.2. Germany Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.3.7.3. Germany Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.3.8. Italy
        • 8.3.8.1. Italy Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.8.2. Italy Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)\
        • 8.3.8.3. Italy Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.3.9. Spain
        • 8.3.9.1. Spain Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.9.2. Spain Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.3.9.3. Spain Parking Reservation System Market Revenue,By Vertical, 2016-2026 (USD Million)
      • 8.3.10. Rest of Europe
        • 8.3.10.1. Rest of Europe. Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.3.10.2. Rest of Europe. Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.3.10.3. Rest of Europe Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Parking Reservation System Market Revenue, 2016-2026 (USD Million)
      • 8.4.2. Asia Pacific Parking Reservation System Market Revenue, By Type, 2016-2026 (USD Million)
      • 8.4.3. Asia Pacific Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
      • 8.4.4. Asia Pacific Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Parking Reservation System Market Revenue, by Type,2016-2026 (USD Million)
        • 8.4.5.2. China Parking Reservation System Market Revenue, by Solution,2016-2026 (USD Million)
        • 8.4.5.3. China Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.4.6.2. Japan Parking Reservation System Market Revenue,By Solution, 2016-2026 (USD Million)
        • 8.4.6.3. Japan Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.4.7.2. India Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.4.7.3. India Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.8. Australia
        • 8.4.8.1. Australia Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.4.8.2. Australia Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.4.8.3. Australia Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.4.9.2. South Korea Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.4.9.3. South Korea Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.4.10. Rest of Asia Pacific
        • 8.4.10.1. Rest of Asia Pacific Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.4.10.2. Rest of Asia Pacific Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.4.10.3. Rest of Asia Pacific Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Parking Reservation System Market Revenue, 2016-2026 (USD Million)
      • 8.5.2. Latin America Parking Reservation System Market Revenue, By Type, 2016-2026 (USD Million)
      • 8.5.3. Latin America Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
      • 8.5.4. Latin America Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.5.5.2. Brazil Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.5.5.3. Brazil Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.5.6. Argentina
        • 8.5.6.1. Argentina Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.5.6.2. Argentina Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.5.6.3. Argentina Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.5.7. Rest of Latin America
        • 8.5.7.1. Rest of Latin America Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.5.7.2. Rest of Latin America Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.5.7.3. Rest of Latin America Parking Reservation System Market Revenue, by Vertical, 2016-2026 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Parking Reservation System Market Revenue, 2016-2026 (USD Million)
      • 8.6.2. The Middle East and Africa Parking Reservation System Market Revenue, By Type, 2016-2026 (USD Million)
      • 8.6.3. The Middle East and Africa Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
      • 8.6.4. The Middle East and Africa Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.6.5. Saudi Arabia
        • 8.6.5.1. Saudi Arabia Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.6.5.2. Saudi Arabia Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.6.5.3. Saudi Arabia Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.6.6. UAE
        • 8.6.6.1. UAE Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.6.6.2. UAE Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.6.6.3. UAE Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.6.7.2. South Africa Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.6.7.3. South Africa Parking Reservation System Market Revenue, By Vertical, 2016-2026 (USD Million)
      • 8.6.8. Rest of MEA
        • 8.6.8.1. Rest of MEA Parking Reservation System Market Revenue, by Type, 2016-2026 (USD Million)
        • 8.6.8.2. Rest of MEA Parking Reservation System Market Revenue, By Solution, 2016-2026 (USD Million)
        • 8.6.8.3. Rest of MEA Parking Reservation System Market Revenue,By Vertical, 2016-2026 (USD Million)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Ace Parking Management, Inc.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
      • 9.1.6. SWOT
    • 9.2. Amano Corporation
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
      • 9.2.6. SWOT
    • 9.3. PCOA Parking
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
      • 9.3.6. SWOT
    • 9.4. Complus Data Innovations
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
      • 9.4.6. SWOT
    • 9.5. IBM
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
      • 9.5.6. SWOT
    • 9.6. Indigo
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
      • 9.6.6. SWOT
    • 9.7. INRIX
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
      • 9.7.6. SWOT
    • 9.8. JustPark
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
      • 9.8.6. SWOT
    • 9.9. LAZ Parking
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
      • 9.9.6. SWOT
    • 9.10. NCP
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
      • 9.10.6. SWOT
    • 9.11. Port Labs
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
      • 9.11.6. SWOT
    • 9.12. QPARK
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments
      • 9.12.6. SWOT
    • 9.13. Siemens Mobility GmbH
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product Portfolio
      • 9.13.4. Business strategy
      • 9.13.5. Recent developments
      • 9.13.6. SWOT
    • 9.14. SP Plus Corporation
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Product Portfolio
      • 9.14.4. Business strategy
      • 9.14.5. Recent developments
      • 9.14.6. SWOT
    • 9.15. SpotHero
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Product Portfolio
      • 9.15.4. Business strategy
      • 9.15.5. Recent developments
      • 9.15.6. SWOT

Methodology

Free Analysis

Parking reservation system helps drivers with reserve parking for their vehicles. This system also permits users to check their parking statuses. A parking reservation system helps in reducing traffic congestion that is caused by vehicles at parking spaces during peak hours.

Vehicle owners are opting for solutions that offer real-time data, which has led the governments of various countries to offer smart solutions for parking vehicles on streets. Parking meter manufacturers are focusing on providing sensors that provide information, such as real-time occupancy. These sensors are used on poles, parking meters, and grounds, where parking slots are available. Local government organizations are collaborating with companies to use cameras that are installed on the streets to detect vacant parking spaces. The vacant parking slots are then reported on the application that is developed by the service providers. Thus, these mobile applications display vacant parking spots in real-time. Mobile apps also help the drivers to identify economical parking spots around them.

Global Parking Reservation System Market

Smart parking systems form a vital component of smart city projects worldwide. Hackers can attack these systems and gain vital information related to drivers, vehicles, and payment accounts. Thereby, the rising number of cyber-attacks across the globe is restraining the worldwide development of the parking reservation system market to some extent. Technologies like RFID, ZigBee, Bluetooth, and WSN offer numerous benefits, such as easy installation, cost-effectiveness, etc., as they can be implemented on a small budget for quick identification. Furthermore, the adoption of “Internet of Things” (IoT) in public services will open new growth avenues for the parking reservation system market over the forecast time period. IoT-based smart parking reservation systems are forecasted to create lucrative market opportunities in the upcoming years.

The global parking reservation system market is fragmented based on type, solution, and vertical. The type segment includes off-street parking and on-street parking. By solution, the parking reservation system market is primarily categorized into web-based, mobile application-based, and voice call-based. The vertical segment of the parking reservation system market includes retail, government, hospitality, transportation and transit and others. The government segment is projected to lead in the global market in the years ahead.

By region, North America is expected to hold the largest market share of the global parking reservation system market in the future. This regional growth can be attributed to the rising number of retail outlets, malls, and shopping centers in the U.S. and Canada.

Some renowned key players of the global parking reservation system market are Ace Parking Management, Amano Corporation, PCOA Parking, Omplus Data Innovations, IBM, Indigo, INRIX, JustPark, LAZ Parking, NCP, Port Labs, QPARK, Siemens Mobility GmbH, SP Plus Corporation, and SpotHero.

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