Parking Management Market Research Report by Forecast to 2023
Parking Management Market Share Research Report by Forecast to 2023
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Parking Management Market Research Report by Forecast to 2023
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Parking Management Market Research Report by Forecast to 2023
Summary The Parking Management Market Share is likely to undertake major growth trajectory over the forecast period owing to a variety of factors. These factors include the rising focus on the seamless traffic flow and growing parking concerns in urban areas. Further, increasing population of vehicles has also led to a stark rise in the need for efficient parking spaces and resources. Concerns towards safety, security, and connectivity are also other factors driving the global parking management market.
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Parking Management Market Research Report by Forecast to 2023
Major Key Players: • • • • • •
XEROX Corporation (U.S.) Siemens AG (Germany) Kapsch Traffic Com AG (Austria) AMANO Corporation (Japan) Cubic Corporation (U.S.) SWARCO AG (Austria)
Segmentation: •
•
Based on parking site type, the global parking management market is segmented into on street parking and off street parking. Based on solution, the global parking management market is segmented into security and surveillance, access control, parking fee and revenue management, valet parking management, and parking guidance and slot management. By vertical, the global parking management market is segmented into recreation, BFSI, healthcare, corporate and commercial parks, academia, hospitality, transportation, retail, and government.
Regional Analysis: The global parking management market is studied for the regions of North America, South America, the Middle East & Africa, Europe, and Asia Pacific. Among these regional segments, North America held the largest share of the global parking management market over the forecast period. The regional market is also estimated to continue its reign over the market during such forecast period. This can be owed to the deep penetration of urbanization in the region and a high presence of consumers adopting cars in the region. Further, the rising need of own vehicles in the region is also estimated to drive the need for efficient parking management. Presence of various enterprises that have started adopting the solutions in the region is also expected to drive the regional parking management market.
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Parking Management Market Research Report by Forecast to 2023
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