Parking Management Market Size, In-depth Analysis Report and Global Forecast to 2027
Parking Management Market report published by Value Market Research delivers a comprehensive market analysis covering of market size, share, value, growth and trends for the forecast period of 2021-2027. The report includes data regarding market attractiveness analysis by segments, company share analysis and recent developments by key players. Moreover, this market report also covers regional and country market analysis in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the parking management market include 3M, Amano Corporation, Cubic Corporation, IBM Corporation, Kapsch TrafficCom, Siemens, SKIDATA AG, Swarco, T2 Systems, and Xerox Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The global parking management system is mainly driven by the increasing number of public as well as personal vehicles and the rising need for optimization and efficient utilization of parking spaces. A limited car parking space creates trouble and discomfort to the citizens all over the world; hence to avoid disorganization and chaos in the parking area, the global demand for parking management systems is expanding. Moreover, factors such as advancement in information and communication technology, increasing smart city projects across the globe, and stringent government rules related to traffic control and parking of vehicles are further fuelling the global market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of parking management.
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Market Segmentation
This section of the parking management market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By SolutionÂ
- Access Control
- Security & Surveillance
- Revenue Management
- Parking Reservation Management
- Valet Parking Management
- Other
By ServiceÂ
- Consulting
- System Integration & Deployment
- Support and Maintenance
By Parking SiteÂ
- On-street
- Off-street
- Garage
- Lot
By ApplicationÂ
- Transport Transit
- Commercial
- Government
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Parking Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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