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Parking Management Market, by Software (Parking Software), Services (Professional Services), by parking site type (On-Street Parking, Off- Street Parking)Solution (Access Control, Security & Surveillance, Fee & Revenue Management, Enforcement & Permit Management) Vertical (Academia, Government and Municipalities, Transportation, Recreation, Healthcare, Hospitality, Retail, Corporate and Commercial Parks, Banking, Financial Services, and Insurance (BFSI), Other) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Parking management comprises several programs and policies which result in effective utilization of parking services. The ever increasing global number of vehicles is worsening the issue of already acute shortage of parking space, especially in metropolitan areas. This is due to growing urban revitalization, explosive semi-urban development and an upward trend of mobility in our society. Drivers failing to find adequate parking space is at the base of traffic congestion problems. These problems pave the path for efficient and smart parking management systems that would provide advanced levels of automation and convenience to drivers, besides simplifying administrative functions and business operations of parking space owners.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Parking Management Market. The scope of this report covers the Parking Management Market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • An increase in the number of vehicles across the world is impelling the demand for an effective system to counter the parking concerns. The issues of traffic congestion are rising momentously across the world, impelling the need for effective and flexible park-assist solutions.
  • The adoption of these solutions offers enhanced scalability and flexibility to efficiently tackle the car owners’ woes. Poor administration leads to overcrowding of vehicles, resulting in traffic congestion. It further increases air and noise pollution. Technological advancements, such as the smart-parking systems, are expected to boost the industry growth.
  • New, innovative infrastructure assists in providing real-time information regarding the availability of space, subsequently saving time, fuel, and cost. The escalating adoption of park-assist systems at avenues such as corporate campuses, airports, and shopping complexes, among others is projected to energize the market growth.

On the basis of geography, the parking management market may be categorized into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American market generally accounts for majority of the market share. The upsurge in the figure of vehicles in the U.S. and Canada has proved vital in generating growth for the parking management market. Increase in the number of municipalities in growing economies such as China, India, Brazil and South Korea may be a cause behind the penetration of the parking management market in the Asia Pacific and Latin America regions. Furthermore, in European countries, the directives of the European Union to minimize environmental pollution are already favorably influencing the demand for installing new parking management systems

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s Parking Management Market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the Parking Management Market by the following segments:

  • Parking Management Market, by Software
    • Parking Software
  • Parking Management Market, by Service
    • Professional Services
  • Parking Management Market, by Parking Site Type
    • On-Street Parking
    • Off- Street Parking
  • Parking Management Market, by Solution
    • Access Control
    • Security and Surveillance 
    • Parking Fee and Revenue Management 
    • Parking Reservation Management 
    • Valet Parking Management 
    • Parking Fee Enforcement and Permit Management 
    • Parking Guidance and Slot Management
  • Parking Management Market, by Industry Vertical
    • Academia
    • Government and Municipalities
    • Transportation
    • Recreation
    • Healthcare
    • Hospitality 
    • Retail
    • Corporate and Commercial Parks 
    • Banking, Financial Services, and Insurance (BFSI)
    • Other

KEY MARKET PLAYERS

Key players in the Parking Management Market include:

  • Xerox Corporation 
  • Siemens AG 
  • Kapsch Trafficcom AG 
  • Amano Corporation 
  • Cubic Corporation 
  • Swarco AG 
  • Inrix, Inc. 
  • Indigo 
  • T2 Systems, Inc. 
  • Skidata AG

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. PARKING MANAGEMENT MARKET, BY SOFTWARE
    1. Segment Share
    2. By Software
      1. parking Software
  6. PARKING MANAGEMENT MARKET, BY SERVICE
    1. Segment Share
    2. By Service
      1. professional Services
  7. PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE
    1. Segment Share
    2. By Parking Site Type
      1. On-Street Parking
      2. Off- Street Parking
  8. PARKING MANAGEMENT MARKET, BY SOLUTION
    1. Segment Share
    2. By Solution
      1. Access Control
      2. Security and Surveillance 
      3. Parking Fee and Revenue Management 
      4. Parking Reservation Management 
      5. Valet Parking Management 
      6. Parking Fee Enforcement and Permit Management 
      7. Parking Guidance and Slot Management
  9. PARKING MANAGEMENT MARKET, BY INDUSTRY VERTICAL
    1. Segment Share
    2. By Industry Vertical
      1. Academia
      2. Government and Municipalities
      3. Transportation
      4. Recreation
      5. Healthcare
      6. Hospitality 
      7. Retail
      8. Corporate and Commercial Parks 
      9. Banking, Financial Services, and Insurance (BFSI)
      10. Other
  10. PARKING MANAGEMENT MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Software
      3. By Services
      4. By Parking Site Type
      5. By Solution
      6. By Vertical
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Software
      3. By Services
      4. By Parking Site Type
      5. By Solution
      6. By Vertical
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Software
      3. By Services
      4. By Parking Site Type
      5. By Solution
      6. By Vertical
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Software
      3. By Services
      4. By Parking Site Type
      5. By Solution
      6. By Vertical
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Software
      3. By Services
      4. By Parking Site Type
      5. By Solution
      6. By Vertical
  11. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  12. KEY MARKET PLAYERS
    1. Xerox Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Siemens AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Kapsch Trafficcom AG 
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Amano Corporation 
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Cubic Corporation 
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Swarco AG 
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Inrix, Inc. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Indigo 
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. T2 Systems, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    10. Skidata AG
      1. Overview
      2. Key Strategies
      3. Key Developments
  13. SCALAR 360 DEGREE MARKET PERSPECTIVE
  14. APPENDIX
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