Global Parking Management Market: was valued at US$ 3 Bn. in 2020 and is expected to reach US$ 6.63 Bn. by 2027, at a CAGR of 12% during a forecast period.

Global Parking Management Market Overview:

Growing demand for optimum utilization of parking spaces: Several parking spaces go unused as developers install more to comply with restrictions governing the size and number of parking spaces. By alerting consumers when and where a parking spot is available, consistent parking management solutions, such as better signage and real-time parking indicators, reduce parking space wastage. By preventing overpricing and underpricing parking spaces through better revenue management, parking management also contributes to more efficient use of parking resources.

Rising smart city initiative across the globe: The rapid use of new technology has prompted big cities to evolve into smart cities. Smart cities use cutting-edge information and communication technologies to integrate housing, mobility, and economic activities. Smart city efforts launched by governments throughout the world are likely to open up new economic prospects for smart parking management solution providers that can interact with smart city solutions. Intelligent parking management systems are helpful for easy-to-manage, scalable space-efficient parking systems and adaptable in smart cities.

Maximize Market Research provides a brief description of Global Parking Management Market provides the latest snapshots of the market, and best understands its features. The report thoroughly covers analysed insights in view of the market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. This research methodology has been applied to examine the global Global Parking Management market and these findings have been logically mentioned in this report.

Global Parking Management Market Scope:

Global Parking Management Market 2021 research report 2027 provides vital statistics and analytical knowledge to grant an entire understanding of the market size, share, growth, trend, demand, top player and industry summary, opportunities, worth cycle, end-users, technology, types and application. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. 

The report provides trends that are most dominant in the Global Parking Management market and how these trends will influence new business investments and development overall. The market trend has a direct impact on the dynamics of the industry, including New Technology, Foreign Entry, New Regulations, Government Spending, New Applications, etc. A detailed analysis of trends is provided in this report to help you in your business decisions in Global Parking Management market.

The qualitative and quantitative data provided in the Global Parking Management market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Global Parking Management market.

Request For Free Sample @ https://www.maximizemarketresearch.com/request-sample/9898 

Global Parking Management Market Segmentation: Based on application, in 2020, the government segment dominated the market. In the government sector, there is a strong need for effective car park management solutions due to the requirement to establish safe, clean, and efficient public parking facilities across cities. The need for intelligent solutions is increasing in tandem with the growing number of smart city projects. Governments around the world are implementing car park management solutions in response to rising traffic challenges caused by a scarcity of parking spots. The Dutch Ministry of Infrastructure and Water Management, for example, planned to invest USD 101 million by 2020, in collaboration with local governments and national and international organizations. To develop and deploy novel traffic applications, the Dutch Ministry formed agreements with traffic solution providers, car firms, and telecommunications and internet providers.

Global Parking Management Market Key Players: 


• Amano Corporation
• Q-Free ASA
• Indigo Park Services
• Chetu, Streetline
• SWARCO
• T2 Systems
• SKIDATA
• Flowbird Group
• GROUP Indigo
• Siemens
• Bosch Group
• Conduent
• APCOA PARKING
• Precise ParkLink
• FlashParking
• Passport Labs
• ParkMobile
• SpotHero
• Get My Parking
• INRIX
• IPS Group
• Smart Parking
• TIBA Parking Systems
• Streetline

 

The report examines the top players in the Global Parking Management market in terms of their size, market share, market growth, revenue, production volume, and profitability. The research outlines which growth strategies are being used by key players, including strategic alliances, new product innovation, and so on. It tells you whether you're competing with only industry firms or with competitors who provide alternative solutions. The study helps you understand competitor pricing in the Global Parking Management market so you can examine and build a pricing plan that works for your product. 

Global Parking Management Market Regional Analysis:

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Global Parking Management market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

COVID-19 Impact Analysis on Global Parking Management Market:

The report has identified detailed impact of COVID-19 on Global Parking Management market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Global Parking Management market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.

Get More Information @ https://www.maximizemarketresearch.com/market-report/global-parking-management-market/9898/ 

Key Questions answered in the Global Parking Management Market Report are: 

  • Which product segment grabbed the largest share in the Global Parking Management market?
  • How is the competitive scenario of the Global Parking Management market?
  • Which are the key factors aiding the Global Parking Management market growth?
  • Which region holds the maximum share in the Global Parking Management market?
  • What will be the CAGR of the Global Parking Management market during the forecast period?
  • Which application segment emerged as the leading segment in the Global Parking Management market?
  • Which are the prominent players in the Global Parking Management market?
  • What key trends are likely to emerge in the Global Parking Management market in the coming years?
  • What will be the Global Parking Management market size by 2027?
  • Which company held the largest share in the Global Parking Management market?

About Maximize Market Research:

Maximize Market Research performs business-to-business and business-to-consumer market surveys on technological advances and opportunities in the Pharmaceutical, Electronics Telecommunications, Industrial IoT, Food Nutrition, Aeronautics Automobile, and other industrial sectors. Our industry experts evaluate strategic options, develop appropriate action plans, and aid firms in reaching critical bottom-line decisions. We can create productive interactions with our clientele thanks to our comprehensive market knowledge repository and industry expertise.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com