New Study Reports ” Parking Management Solution Market 2021, Global Key Players Analysis, Share, Trends, Business Updates, Future Opportunities Forecasts to 2030″ has been Added. The global parking management solution market accounted for US$ 4563.12 Mn in 2020, and is expected to grow at a CAGR of 7.9% during the forecast years (2021-2030). At present, the market is sharping its presence and some of the key players in the study are REEF TECHNOLOGY INC. in partnership with TIBA PARKING SYSTEMS, Indigo, Amano Corporation, VersionX Innovations Pvt Ltd, BePark, Infocomm Group LLC, SWARCO, Matrix Comsec, Neptune Automatic Pvt. Ltd, and Omnitec Group, amongst others. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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The Global Parking Management Solution Market 2021 by Size, Share, Trends, Regions, Segments, & Application, forecast to 2030 research report is a comprehensive, methodical, & all-encompassing examination of the industry. The study’s goal is to help key vendors, organisations, & end-users in the industry better grasp the benefits & complete features of market segments. It examines market dynamics & gives an overview to aid in the definition, categorization, & statistical analysis of markets. The present condition of the worldwide Parking Management Solution market, as well as its future prospects.
The Parking Management Solution Market report’s authors used a unique & industry-leading research & analysis technique to conduct an in-depth analysis of the worldwide Parking Management Solution market. From 2021 through 2030, this study anticipates demand, trends, & revenue growth at regional & country levels, as well as an examination of industry trends in each of the sub-segments.
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Parking Management Solution Market Report offers the following points:
** Parking Management Solution Market share assessments for the regional and country level segments
** Market share analysis of the top industry players
** Strategic recommendations of Parking Management Solution market for the new entrants.
** Parking Management Solution Market forecasts for future years of all the mentioned segments, sub-segments and the regional markets.
** Parking Management Solution Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
** Competitive outlook is mapping the key common trends of Parking Management Solution industry.
** Company profiling with its detailed strategies, financials, and recent developments
Parking management solution eases the hassle of parking vehicle in most of the parking areas. It can digitizes end-to end various parking processes. Useful for shared parking spaces, parking management solution can automate day-to-day processes. They benefit parking managers with real-time information about parking occupancy. Parking availability can be observed or analysed later. Using parking management solutions, parking manager, parking analyst or decision-maker can optimize the current parking management strategy at any time.
They benefit parking users with the real-time data about parking occupancy and availability. With these solutions, parking users can easily find parking spaces. Hence, the market for parking management solutions has huge scope for growth. Many factors are driving the global parking management solution market but the most important factor is rising demand for efficient parking solutions in urban areas. Outgoing vehicle cost is more important than incoming vehicle cost to users. The rate of parking revenue generation with the land-use directly influences the parking demand.
Incorporation of artificial intelligence (AI) with parking management system showcases substantial growth opportunities for the global parking management solution market over the forecast period. AI-equipped parking management solutions can find real-time parking occupancy and availability. The major factor that restrain growth of global parking management solution market is the high cost of implementation of parking management solutions.
Global Parking Management Solution Market:
Parking Management Solution Market: By Offerings
- Consulting Services
- System Integration and Deployment
- Support and Maintenance
Parking Management Solution Market: By Deployment Mode
- Cloud Based
Parking Management Solution Market: By Parking Area
Parking Management Solution Market: By Solutions
- Parking Meters, Sensor and Off Street Revenue Collection System
- Parking Violation Enforcement
- Parking Access Control
- Revenue Management
- Parking Enforcement System
- Parking Wallet and Mobile Application
- Parking Access Revenue Control Systems (PARCS)
- Ticket Machines
- Gate Arms
- Payment Machines
- Camera Systems
Parking Management Solution Market: By Usage
- Auto-identifying Appropriate Parking Slots (reserved or pay-and-park)
- Auto-generating Parking Tickets
- Levying Penalties
Parking Management Solution Market: By Industry
- Hotels and Hospitality
- Healthcare and Hospital Campuses
- Retail and Mixed Use
- Education and Universities
- Cities and Municipal Facilities
Parking Management Solution Market: By Geography
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
The Global Parking Management Solution Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
Table of Contents: Parking Management Solution Market
Chapter 1: Global Parking Management Solution Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Parking Management Solution Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Parking Management Solution Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Parking Management Solution Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Parking Management Solution Market
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