The Parking Management Market is expected to reach $4.03 billion by 2027, at a CAGR of 7.6% during the forecast period of 2020 to 2027. Rising adoption of AI based services, increasing demand for seamless traffic flow and parking spaces, and initiatives by various national and international organizations to reduce fossil fuel consumption are some of the key factors driving the growth of the parking management market.
COVID-19 pandemic has adversely hit economies around the globe resulting in a major slowdown of industrial and non-industrial activities. The effects of this pandemic has been realized in the parking management with a complete halt on new construction activities in high growth countries, worldwide. Majority of the construction projects of critical infrastructure across potential countries such as India, the U.S., China, Spain, and Japan have been put to a standstill. This scenario is expected to have a cascading effect on the market revenue for 2 consecutive years, 2020 and 2021. With new and advanced parking management system projects withheld, the subsequent effect would be prevalent in terms of a sparse revenue generation opportunity.
Another sector which directly governs the revenue for parking management market is the automotive industry. Rising number of automotive vehicles and shrinkage of parking spaces govern the demand for modernized parking infrastructure. However, the automotive industry has been a major impacted sector under the current pandemic. The global automotive sector was already facing a decline in terms of production across major European and American countries since 2019. With COVID-19 effect multiplying in the 1st quarter of 2020, and a sparse demand existing in the global economy, several automotive players have been forced to put a brake on production. For instance, Europe has reported more than 1.2 million in production unit loss due to lockdown with estimated $2.54 billion trade loss. New car registration in Germany, Italy, Spain, the U.K., and France reporting a decline of 11%, 9%, 6%, 3%, and 3% respectively.
Owing to a lackluster performance of the global economy and plummeted growth of automotive and construction industries, the global parking management systems market will be severely impacted in terms of market revenue during 2020 and 2021. This will result in a slowdown of new parking management systems being set up across the globe and the subsequent years will witness a slow to moderate growth in terms of market revenue.
Rising adoption of AI based services
The rising adoption of AI based services has resulted in a remarkable growth of parking management market in recent years. This growth is primarily attributed to the increasing use of AI in parking technology for detecting the availability of parking space in a given image using a video feed in real-time. For instance, in 2017, Google Maps for Android added a new feature that crowdsources parking-related location database and applies machine learning to detect the likelihood of finding a parking spot at a particular destination and suggest alternate areas where parking spot can be found near the desired destination.
Further, the use of AI is gaining momentum primarily due to the investment by leading economies to develop the AI based technologies for implementing smart city initiatives. For instance, in 2019, Dubai Road Transport Authority launched AI based parking system at Al Rigga and Dubai World Trade Centre. Around 2,030 sensors and 70 overhead digital cameras will monitor 3,035 parking spaces and provides instant information about free space in parking zones. The users can identify these vacant spaces through parking service on RTA app, or by Variable Message Signs Electronic Boards installed in the area.
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Solutions segment dominates the global parking management market
Based on component, the solutions segment is estimated to command the largest share of the overall parking management market in 2020, supported by the growing need for robust and seamless solutions to improve the parking experience for users and increasing revenue and operational efficiency. In addition, high focus of transport authorities across the world to reduce traffic congestion and encourage daily commuters to use more and more park and ride facilities is further supporting the growth of this market.
On premise deployment to witness the largest demand through 2027
Based on deployment type, the on premise segment is estimated to command the largest share of the overall parking management market in 2020. This is primarily attributed to the speed of access and easier data management process by the on premise servers. In addition, the data stored by on premise servers are highly secured and can be accessed by the parking official only inside the premise.
Reservation based parking management segment is estimated to command the largest share in 2020
Based on technology, reservation based parking management system accounted for the largest share of the overall parking management market, owing to its advantages such as periodic submission of parking status from central servers of the parking lot, allowing users to effectively find and reserve a vacant spot; constant update on physical status of parking; accessibility through smartphone; and dynamic pricings.
Retail, entertainment, and leisure end user segment dominates the overall parking management market
Based on end-user, the retail, entertainment, and leisure segment accounted for the largest share of the overall market. This is primarily attributed to the increasing demand by retail space operators to provide better shopping experience to their customers and attract footfall. Various entertainment and leisure events also demands deployment of parking management systems to enhance the experience of visitors and provide smooth and seamless access.
Off-street parking to witness the largest demand through 2027
Based on parking site, the off-street parking segment is estimated to command the largest share of the overall parking management market in 2020. This is primarily attributed to the rising requirement of parking spaces in CBDs and efforts to reduce congestion levels on street, making parking safe and convenient for both driver and vehicle.
Asia-Pacific: The fastest growing regional market
Europe commanded the largest share of the global parking management market; however, Asia-Pacific region is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the factors such as increasing adoption of automation and advanced technologies across the region, favorable government initiatives for smart cities, and investments by major ICT companies for developing AI and IoT based solutions.
Key Players
The report includes competitive landscape based on the extensive assessment of the key strategic developments adopted by the leading market participants in the parking management industry over the last 4-5 years. The key players profiled in the global parking management market are Xerox Corporation (U.S.), Amano Corporation (Japan), IBM Corporation (U.S.), Cubic Corporation (U.S.), Robotic Parking Systems, Inc. (U.S.), SWARCO AG (Austria), SKIDATA AG (Austria), SEIMENS AG (Germany), Skyline Parking AG (Switzerland), UNITRONICS (Israel), Flowbird Group (France), T2 Systems Inc. (U.S.), and Cleverciti Systems GmbH (Germany).
Scope of the Report
Parking Management Market by Component
Parking Management Market By Technology
Parking Management Market By End-User
Parking Management Market By Deployment Type
Parking Management Market By Parking Site
Parking Management Market By Geography
Key questions answered in the report:
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Growth Forecast
2.3.1.3. COVID-19 Impact Assessment
2.4. Assumptions for the Study
3. COVID-19 Impact Assessment
4. Executive Summary
5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.1.1. Growing Demand for AI Based Services
5.2.1.2. Growing Demand for Parking Spaces
5.2.1.3. Growing Focus on Seamless Traffic Flow & Reducing Fuel Consumption
5.2.2. Restraints
5.2.2.1. Complexity in System Integration
5.2.2.2. Shift from Car Ownership Model to Car Sharing/Rental Model
5.2.3. Opportunities
5.2.3.1. Increase in Adoption of Smart Cities Initiative Globally
5.2.3.2. Technological Advancements in Autonomous Cars
5.2.4. Challenges
5.2.4.1. High Initial Implementation Cost
5.2.4.2. Climate Durability and Strength Against Vandalism
5.2.5. Trends
5.2.5.1. Rapidly Evolving Technologies
5.2.5.2. Advancements in Mobility across the World
5.3. Value Chain Analysis
5.4. Case Studies
5.4.1. Singapore
5.4.2. Wilson Parking, New Zealand
5.4.3. Cardiff, Wales
6. Parking Management Systems, by Component
6.1. Introduction
6.2. Solutions
6.2.1. Parking Guidance System
6.2.2. Security & Surveillance
6.2.2.1. Surveillance Cameras
6.2.2.2. Alarms & Locators
6.2.2.3. Other Security and Surveillance Solutions
6.2.3. Parking Access & Revenue Control (PARC) Solutions
6.2.3.1. Automated Gates
6.2.3.2. Parking Meters
6.2.3.3. Handheld Ticket Writers
6.2.4. Permit Management Solutions
6.2.5. Reservation Management Solutions
6.3. Services
6.3.1. Support & Maintenance Services
6.3.2. System Integration Services
7. Parking Management Systems Market, by End User
7.1. Introduction
7.2. Commercial
7.2.1. Retail, Entertainment, and Leisure
7.2.2. Airports, Railway Stations, & Bus Terminals
7.2.3. Office Spaces
7.2.4. Other Commercial Parking Spaces
7.3. Residential
8. Parking Management Systems Market, by Technology
8.1. Introduction
8.2. License Plate Recognition
8.3. Reservation-Based Parking Management Systems
8.4. Image Processing
8.5. RFID-Based Parking Management Systems
8.6. Visible Light Communication
9. Parking Management Systems Market, by Deployment Type
9.1. Introduction
9.2. Cloud-Based
9.3. On-Premise
10. Parking Management Systems Market, by Parking Site
10.1. Introduction
10.2. Off-Street
10.3. On-Street
11. Parking Management Systems Market, by Geography
11.1. Introduction
11.2. Europe
11.2.1. Germany
11.2.2. U.K.
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Rest of Europe (ROE)
11.3. North America
11.3.1. U.S.
11.3.2. Canada
11.4. Asia-Pacific
11.4.1. Japan
11.4.2. China
11.4.3. South Korea
11.4.4. India
11.4.5. Australia
11.4.6. Rest of Asia-Pacific
11.5. Latin America
11.6. Middle East & Africa
12. Competitive Landscape
12.1. Introduction
12.2. Key Growth Strategies
12.3. Competitive Benchmarking
12.4. Market Ranking (2019)
12.4.1. Amano Corporation
12.4.2. Flowbird S.A.S
12.4.3. SKIDATA AG
12.4.4. T2 Systems, Inc.
13. Company Profiles (Includes Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
13.1. Xerox Corporation
13.2. Amano Corporation
13.3. IBM Corporation
13.4. Cubic Corporation
13.5. Robotic Parking Systems, Inc.
13.6. Swarco AG
13.7. SKIDATA AG
13.8. Siemens AG
13.9. Skyline Parking AG
13.10. Unitronics
13.11. Flowbird S.A.S
13.12. T2 Systems, Inc.
13.13. Cleverciti Systems GMBH
14. Appendix
14.1. Questionnaire
14.2. Available Customization
List of Tables
Table 1 Global Parking Management Systems Market Size, by Component, 2018-2027 ($ Million)
Table 2 Global Parking Management Solutions Market Size, by Type, 2018-2027 ($ Million)
Table 3 Global Parking Management Solutions Market Size, by Country/Region, 2018-2027 ($ Million)
Table 4 Global Parking Guidance Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 5 Global Security & Surveillance Solutions Market Size, by Type 2018-2027 ($ Million)
Table 6 Global Security & Surveillance Solutions Market Size, by Country/Region, 2018-2027 ($ Million)
Table 7 Global Surveillance Cameras Market Size, by Country/Region, 2018-2027 ($ Million)
Table 8 Global Alarms & Locators Market Size, by Country/Region, 2018-2027 ($ Million)
Table 9 Global Other Security and Surveillance Solutions Market Size, by Country/Region, 2018-2027 ($ Million)
Table 10 Global Parking Access and Revenue Control Market Size, by Type 2018-2027 ($ Million)
Table 11 Global Parking Access and Revenue Control Market Size, by Country/Region, 2018-2027 ($ Million)
Table 12 Global Automated Gates Market Size, by Country/Region, 2018-2027 ($ Million)
Table 13 Global Parking Meters Market Size, by Country/Region, 2018-2027 ($ Million)
Table 14 Global Handheld Ticket Writers Market Size, by Country/Region, 2018-2027 ($ Million)
Table 15 Global Permit Management Solutions Market Size, by Country/Region, 2018-2027 ($ Million)
Table 16 Global Reservation Management Solutions Market Size, by Country/Region, 2018-2027 ($ Million)
Table 17 Global Parking Management Services Market Size, by Type, 2018-2027 ($ Million)
Table 18 Global Parking Management Services Market Size, by Country/Region, 2018-2027 ($ Million)
Table 19 Global Support and Maintenance Services Market Size, by Country/Region, 2018-2027 ($ Million)
Table 20 Global System Integration Services Market Size, by Country/Region, 2018-2027 ($ Million)
Table 21 Global Parking Management Systems Market Size, by End User, 2018-2027 ($ Million)
Table 22 Global Commercial Parking Spaces Market Size, by Type 2018-2027 ($ Million)
Table 23 Global Commercial Parking Space Market Size, by Country/Region, 2018-2027 ($ Million)
Table 24 Global Parking Management Systems Market Size for Retail Entertainment, And Leisure Spaces, by Country/Region, 2018-2027 ($ Million)
Table 25 Global Parking Management Systems Market Size for Airports, Railway Stations, And Bus Terminals, by Country/Region, 2018-2027 ($ Million)
Table 26 Global Parking Management Systems Market Size for Office Spaces, By Country/Region, 2018-2027 ($ Million)
Table 27 Global Parking Management Systems Market Size for Other Commercial Parking Spaces, by Country/Region, 2018-2027 ($ Million)
Table 28 Global Residential Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 29 Global Parking Management Systems Market Size, by Technology, 2018-2027 ($ Million)
Table 30 Global License Plate Recognition-Based Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 31 Global Reservation-Based Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 32 Global Parking Management Systems Market Size for Image Processing, by Country/Region, 2018-2027 ($ Million)
Table 33 Global RFID-Based Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 34 Global VLC-Based Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 35 Comparison Of On-Premise Vs Cloud-Based
Table 36 Global Parking Management Systems Size, by Deployment Type, 2018-2027 ($ Million)
Table 37 Global Cloud-Based Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 38 Global On-Premise Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 39 Global Parking Management System Size, by Parking Site, 2018-2027 ($ Million)
Table 40 Global Off-Street Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 41 Global On-Street Parking Management Systems Market Size, by Country/Region, 2018-2027 ($ Million)
Table 42 Global Parking Management Systems: Technology Implementation Rate by Region
Table 43 Global Parking Management Systems Market Size, by Country, 2018–2027, ($ Million)
Table 44 Europe: Parking Management Systems Market, by Country, 2018–2027, ($ Million)
Table 45 Europe: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 46 Europe: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 47 Europe: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 48 Europe: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 49 Europe: Services Market Size, by Type, 2018–2027, ($ Million)
Table 50 Europe: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 51 Europe: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 52 Europe: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 53 Europe: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 54 Europe: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 55 Germany: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 56 Germany: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 57 Germany: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 58 Germany: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 59 Germany: Services Market Size, by Type, 2018–2027, ($ Million)
Table 60 Germany: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 61 Germany: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 62 Germany: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 63 Germany: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 64 Germany: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 65 U.K.: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 66 U.K.: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 67 U.K.: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 68 U.K.: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 69 U.K.: Services Market Size, by Type, 2018–2027, ($ Million)
Table 70 U.K.: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 71 U.K.: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 72 U.K.: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 73 U.K.: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 74 U.K.: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 75 France: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 76 France: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 77 France: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 78 France: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 79 France: Services Market Size, by Type, 2018–2027, ($ Million)
Table 80 France: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 81 France: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 82 France: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 83 France: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 84 France: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 85 Italy: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 86 Italy: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 87 Italy: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 88 Italy: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 89 Italy: Services Market Size, by Type, 2018–2027, ($ Million)
Table 90 Italy: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 91 Italy: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 92 Italy: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 93 Italy: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 94 Italy: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 95 Spain: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 96 Spain: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 97 Spain: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 98 Spain: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 99 Spain: Services Market Size, by Type, 2018–2027, ($ Million)
Table 100 Spain: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 101 Spain: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 102 Spain: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 103 Spain: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 104 Spain: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 105 Rest of Europe: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 106 Rest of Europe: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 107 Rest of Europe: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 108 Rest of Europe: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 109 Rest of Europe: Services Market Size, by Type, 2018–2027, ($ Million)
Table 110 Rest of Europe: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 111 Rest of Europe: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 112 Rest of Europe: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 113 Rest of Europe: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 114 Rest of Europe: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 115 North America: Parking Management Systems Market, by Country, 2018–2027, ($ Million)
Table 116 North America: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 117 North America: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 118 North America: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 119 North America: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 120 North America: Services Market Size, by Type, 2018–2027, ($ Million)
Table 121 North America: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 122 North America: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 123 North America: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 124 North America: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 125 North America: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 126 U.S.: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 127 U.S.: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 128 U.S.: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 129 U.S.: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 130 U.S.: Services Market Size, by Type, 2018–2027, ($ Million)
Table 131 U.S.: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 132 U.S.: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 133 U.S.: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 134 U.S.: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 135 U.S.: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 136 Canada: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 137 Canada: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 138 Canada: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 139 Canada: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 140 Canada: Services Market Size, by Type, 2018–2027, ($ Million)
Table 141 Canada: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 142 Canada: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 143 Canada: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 144 Canada: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 145 Canada: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 146 Asia-Pacific: Parking Management Systems Market, by Country, 2018–2027, ($ Million)
Table 147 Asia-Pacific: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 148 Asia-Pacific: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 149 Asia-Pacific: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 150 Asia-Pacific: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 151 Asia-Pacific: Services Market Size, by Type, 2018–2027, ($ Million)
Table 152 Asia-Pacific: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 153 Asia-Pacific: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 154 Asia-Pacific: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 155 Asia-Pacific: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 156 Asia-Pacific: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 157 Japan: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 158 Japan: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 159 Japan: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 160 Japan: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 161 Japan: Services Market Size, by Type, 2018–2027, ($ Million)
Table 162 Japan: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 163 Japan: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 164 Japan: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 165 Japan: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 166 Japan: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 167 China: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 168 China: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 169 China: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 170 China: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 171 China: Services Market Size, by Type, 2018–2027, ($ Million)
Table 172 China: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 173 China: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 174 China: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 175 China: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 176 China: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 177 South Korea: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 178 South Korea: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 179 South Korea: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 180 South Korea: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 181 South Korea: Services Market Size, by Type, 2018–2027, ($ Million)
Table 182 South Korea: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 183 South Korea: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 184 South Korea: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 185 South Korea: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 186 South Korea: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 187 India: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 188 India: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 189 India: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 190 India: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 191 India: Services Market Size, by Type, 2018–2027, ($ Million)
Table 192 India: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 193 India: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 194 India: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 195 India: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 196 India: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 197 Australia: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 198 Australia: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 199 Australia: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 200 Australia: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 201 Australia: Services Market Size, by Type, 2018–2027, ($ Million)
Table 202 Australia: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 203 Australia: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 204 Australia: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 205 Australia: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 206 Australia: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 207 RoAPAC: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 208 RoAPAC: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 209 RoAPAC: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 210 RoAPAC: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 211 RoAPAC: Services Market Size, by Type, 2018–2027, ($ Million)
Table 212 RoAPAC: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 213 RoAPAC: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 214 RoAPAC: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 215 RoAPAC: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 216 RoAPAC: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 217 Latin America: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 218 Latin America: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 219 Latin America: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 220 Latin America: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 221 Latin America: Services Market Size, by Type, 2018–2027, ($ Million)
Table 222 Latin America: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 223 Latin America: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 224 Latin America: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 225 Latin America: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 226 Latin America: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 227 Middle East & Africa: Parking Management Systems Market, by Component, 2018–2027, ($ Million)
Table 228 Middle East & Africa: Parking Management Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 229 Middle East & Africa: PARC Solutions Market Size, by Type, 2018–2027, ($ Million)
Table 230 Middle East & Africa: Security & Surveillance Market Size, by Type, 2018–2027, ($ Million)
Table 231 Middle East & Africa: Services Market Size, by Type, 2018–2027, ($ Million)
Table 232 Middle East & Africa: Parking Management Systems Market, by End User, 2018–2027, ($ Million)
Table 233 Middle East & Africa: Commercial Parking Management Systems Market Size, by Type, 2018–2027, ($ Million)
Table 234 Middle East & Africa: Parking Management Systems Market, by Technology, 2018–2027, ($ Million)
Table 235 Middle East & Africa: Parking Management Systems Market, by Deployment, 2018–2027 ($ Million)
Table 236 Middle East & Africa: Parking Management Systems Market, by Parking Site, 2018–2027 ($ Million)
Table 237 Recent Developments, by Company, 2017–2020
Table 238 Market Ranking: Global Parking Management Systems Market, 2019
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Market Size Estimation
Figure 6 Covid-19 Impact on The Parking Management Systems Market (Y-O-Y Growth)
Figure 7 Market Size and CAGR (2020 And 2027)
Figure 8 Key Insights
Figure 9 Global Parking Management Systems Market, by Component, 2020 Vs. 2027
Figure 10 Global Parking Management Systems Market, by End User, 2020 Vs. 2027
Figure 11 License Plate Recognition Segment to Grow at the Highest CAGR During the Forecast Period
Figure 12 Global Parking Management Systems Market, by Deployment, 2020 Vs. 2027
Figure 13 Global Parking Management Systems Market, by Parking Site, 2020 Vs. 2027
Figure 14 Geographic Snapshot: Global Parking Management Systems Market
Figure 15 Market Dynamics
Figure 16 Global Investment in Ai In Automotive, Transportation, & Logistics (In $ Billions)
Figure 17 Advantages of AI in Parking Management
Figure 18 Major Forms of Car Sharing Models
Figure 19 Global Smart City Market Size ($ Million)
Figure 20 Evolving Technologies in Parking Management
Figure 21 Value Chain of Parking Management System
Figure 22 Global Parking Management Systems Market, by Component, 2020-2027 ($ Million)
Figure 23 Major Components of PARC
Figure 24 Functions of Permit Management Software
Figure 25 Major Objectives of Support & Maintenance in Parking Management
Figure 26 Global Parking Management Systems Market, by End User, 2020-2027 ($ Million)
Figure 27 Benefits of Parking Technology in Commercial Spaces
Figure 28 Types of Garage in Retail Spaces
Figure 29 Global Parking Management Systems Market, by Technology, 2020-2027 ($ Million)
Figure 30 Benefits of License Plate Recognition-Based Parking Management Systems
Figure 31 Advantages of Reservation-Based Parking Management System
Figure 32 Benefits of Image Processing Technology
Figure 33 Benefits of RFID-Based Parking Management Systems
Figure 34 Benefits of Visible Light Communication Technology
Figure 35 Global Parking Management Systems Market, by Deployment Type, 2020-2027 ($ Million)
Figure 36 Global Parking Management Systems Market, by Parking Site, 2020-2027 ($ Million)
Figure 37 Global Parking Management Systems Market, by Region, 2019–2027, ($ Million)
Figure 38 Hours Lost in Latin American Cities Due to Traffic Congestion
Figure 39 Key Growth Strategies Adopted by Leading Players, 2017-2020
Figure 40 Global Parking Management Systems Market: Competitive Benchmarking
Figure 41 Xerox Corporation: Financial Overview (2016-2018)
Figure 42 Amano Corporation: Financial Overview (2016-2018)
Figure 43 IBM Corporation: Financial Overview (2017-2019)
Figure 44 Cubic Corporation: Financial Overview (2017-2019)
Figure 45 Siemens AG: Financial Overview (2017-2019)
Figure 46 Unitronics: Financial Overview (2016-2018)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Aug-2023
Published Date: Jun-2019
Published Date: Nov-2022
Published Date: Jul-2022
Published Date: Jan-2023
