Uploaded on Jan 14, 2021
The significant increase in the demand for luxury passenger cars coupled with significant growth in sale of motor vehicles across the world boosts the growth of parking management systems market during the forecast period. Additionally, the increasing need to improve road safety, and streamline traffic flow in populated urban areas supports the market growth.
Parking Management Systems Market Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast - 2020 to 2026
Parking Management Systems
Market
Set to Reach $9,786 Million By 2026 | CAGR 9.1%
“Parking Management Systems Market Share, Size, Trends,
Industry Analysis Report By Component (Hardware,
Software, Services); By Deployment (On-Premise, Cloud);
By Parking Site (On Street Parking, Off Street Parking); By
Solution (Parking Reservation, Parking Guidance, Parking
Analytics, Access Control, Revenue Management, Security
and Surveillance, Others); By Regions, Segments &
Forecast, 2018 - 2026”
Parking Management Systems Market Estimate & Forecast to 2026
According to a new report by Polaris Market Research, the global Parking Management
Systems market is estimated to reach $9,786 Million By 2026 registering a CAGR of 9.1%
over the forecast period 2018 - 2026.
The report covers comprehensive research and analysis of Parking Management Systems
market in terms of growth factors, restraints, trends, challenges, and potential opportunities.
Existing market participants and new entrants can use the detailed analysis of market
dynamics to devise key growth strategies and gain a competitive edge in the Parking
Management Systems market.
Growing demand from end-use industry applications and rising investments by public-
private organizations in developed & developing countries is anticipated to drive substantial
growth for the Parking Management Systems market. Leading participants are appealed by
rising consumer demand and high-profit margins in Parking Management Systems market,
focusing on untapped markets.
With the help of this latest report, participants from the Parking Management Systems
market will be able to make key business decisions and also create their strategies
accordingly to stay ahead of competitors. The report covers accurate data and reliable
statistics along with key reCcopoyrmightm © Peolanrisd Maartkeiot Rnessea rctho & Chonesulltping LpLPl a20y20e. Arll sRi ghutsn Redservredstand the overall present 2
and future scenario for the Parking Management Systems market.
.
Parking Management Systems Market Scope
By Component By Deployment By Parking Site by Solution By Region
• Hardware •On-Premise •Off Street Parking • Parking North America
• Software • Cloud • On Street Parking Reservation Europe
• Services • Parking Guidance Asia Pacific
• Parking Analytics Latin America Middle
• Access Control East & Africa
• Revenue
Management
• Security and
Surveillance
• Others
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Parking Management Systems Market Estimate & Forecast to 2018/2026
The report covers the segmentation of the Parking Management Systems market based on
Component, Deployment, Parking Site, Solution, and region. In-depth analysis of each
segment and sub-segment including key market trends, prevailing patterns, restraining
factors, and potential opportunities featured in the report. The research report on Parking
Management Systems market forecasts revenue growth at country, regional, and global
levels. The report also gives comprehensive information on the outlook of the market in
different regions and provides projections on the expected growth rate during the forecast
period.
The report sheds light on the competitive scenario of the Parking Management Systems
market to get insight on the competition at domestic as well as global levels. The key
market players started investing more in research and development activities to bring
innovations to their product offerings. Leading manufacturers and vendors are taking
strategic moves such as acquisitions, collaborations, partnerships, mergers, and regional
expansions to gain a competitive edge in the Parking Management Systems industry.
Leading players operating in the Parking Management Systems market include Skyline
Parking AG, Siemens AG, T2 Systems, IBM Corporation, Swarco Corporation, Kapsch
TrafficCom, Skidata, Passport Inc., SAP, and Indigo Park Services among others.
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Parking Management Systems Market Size
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About Us
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specializes in providing exceptional market intelligence and in-depth business research
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