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% from 2021 to 2027.
As the number of vehicles increases worldwide, there is an increasing demand for effective management systems to cope with parking problems. Traffic congestion, accidents and environmental hazards are increasing worldwide, and the need for effective and flexible parking management solutions is also increasing. The adoption of solutions such as parking management software, ParkPlus system and bicycle parking system provide improved scalability and flexibility to efficiently solve parking problems.
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The following players are covered in this report:
- Parkmobile
- NuPark
- SpotHero
- TIBA Parking
- Urbiotica
- Smart Parking
- SAP
- Siemens
- APCOA
- Bosch Mobility Solutions
- GET MY PARKING
- Nester
Parking Management Breakdown Data by Type
- Solutions
- Services
- Consulting
- System Integration and Deployment
- Support and Maintenance
Parking Management Breakdown Data by Application
- Off-street Parking
- On-street Parking
A full report of Global Parking Management Market is available at: https://www.orionmarketreports.com/parking-management-market/24489/
Scope of the Report
The research study analyzes the global Parking Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Parking Management Market Report
1. What was the Parking Management Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Parking Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Parking Management Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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