Global smart parking market 2020-2024

Global smart parking market 2020-2024

Global Smart Parking Market 2020-2024

Technavio has been monitoring the global smart parking market 2020-2024 and it is poised to grow by USD 5.22 bn during 2020-2024, progressing at a CAGR of 22% during the forecast period. Our reports on global smart parking market 2020-2024 provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by use of telematics. In addition, growing adoption of its is anticipated to boost the growth of the global smart parking market 2020-2024 as well.

Market Segmentation

Technavio's global smart parking market 2020-2024 is segmented as below:


  • Off-street Parking
  • On-street Parking
Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for global smart parking market 2020-2024 growth

This study identifies growing adoption of its as the prime reasons driving the global smart parking market 2020-2024 growth during the next few years.

Prominent vendors in global smart parking market 2020-2024

We provide a detailed analysis of around 25 vendors operating in the global smart parking market 2020-2024, including some of the vendors such as 3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch Aktiengesellschaft, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG and SKIDATA AG


The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Type
Market segments
Comparison by Type placement
Off-street parking - Market size and forecast 2019-2024
On-street parking - Market size and forecast 2019-2024
Market opportunity by Type
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
3M Co.
Conduent Inc.
Flowbird SAS
International Business Machines Corp.
IPS Group Inc.
Kapsch Aktiengesellschaft
Libelium Comunicaciones Distribuidas SL
Nedap NV
Siemens AG
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
Key Finding 1
2.Key Finding 2
3.Key Finding 3
4.Key Finding 5
5.Key Finding 6
6.Key Finding 7
7.Key Finding 8
8.Market in focus
9.Parent market
10.Market characteristics
11.Product / Service portfolio of key vendors included in the market definition
12.Market segments
13.Global - Market size and forecast 2019 - 2024 ($ million)
14.Global market: Year-over-year growth 2019 - 2024 (%)
15.Five forces analysis 2019 & 2024
16.Bargaining power of buyers
17.Bargaining power of suppliers
18.Threat of new entrants
19.Threat of substitutes
20.Threat of rivalry
21.Market condition - Five forces 2019
22.Type placement - Market share 2019-2024 (%)
23.Comparison by Type placement
24.Off-street parking - Market size and forecast 2019-2024 ($ million)
25.Off-street parking - Year-over-year growth 2019-2024 (%)
26.On-street parking - Market size and forecast 2019-2024 ($ million)
27.On-street parking - Year-over-year growth 2019-2024 (%)
28. Market opportunity by Type
29.Customer landscape
30.Market share by geography 2019-2024 (%)
31.Geographic comparison
32.North America - Market size and forecast 2019-2024 ($ million)
33.North America - Year-over-year growth 2019-2024 (%)
34.Europe - Market size and forecast 2019-2024 ($ million)
35.Europe - Year-over-year growth 2019-2024 (%)
36.APAC - Market size and forecast 2019-2024 ($ million)
37.APAC - Year-over-year growth 2019-2024 (%)
38.South America - Market size and forecast 2019-2024 ($ million)
39.South America - Year-over-year growth 2019-2024 (%)
40.MEA - Market size and forecast 2019-2024 ($ million)
41.MEA - Year-over-year growth 2019-2024 (%)
42.Key leading countries
43.Market opportunity by geography ($ million)
44.Impact of drivers and challenges
45.Landscape disruption
46.Industry risks
47.Vendors covered
48.Market positioning of vendors
49.3M Co. - Overview
50.3M Co. - Business segments
51.3M Co. - Key offerings
52.3M Co. - Key customers
53.3M Co. - Segment focus
54.Conduent Inc. - Overview
55.Conduent Inc. - Business segments
56.Conduent Inc. - Key offerings
57.Conduent Inc. - Key customers
58.Conduent Inc. - Segment focus
59.Flowbird SAS - Overview
60.Flowbird SAS - Product and service
61.Flowbird SAS - Key offerings
62.Flowbird SAS - Key customers
63.Flowbird SAS - Segment focus
64.International Business Machines Corp. - Overview
65.International Business Machines Corp. - Business segments
66.International Business Machines Corp. - Key offerings
67.International Business Machines Corp. - Key customers
68.International Business Machines Corp. - Segment focus
69.IPS Group Inc. - Overview
70.IPS Group Inc. - Product and service
71.IPS Group Inc. - Key offerings
72.IPS Group Inc. - Key customers
73.IPS Group Inc. - Segment focus
74.Kapsch Aktiengesellschaft - Overview
75.Kapsch Aktiengesellschaft - Business segments
76.Kapsch Aktiengesellschaft - Key offerings
77.Kapsch Aktiengesellschaft - Key customers
78.Kapsch Aktiengesellschaft - Segment focus
79.Libelium Comunicaciones Distribuidas SL - Overview
80.Libelium Comunicaciones Distribuidas SL - Product and service
81.Libelium Comunicaciones Distribuidas SL - Key offerings
82.Libelium Comunicaciones Distribuidas SL - Key customers
83.Libelium Comunicaciones Distribuidas SL - Segment focus
84.Nedap NV - Overview
85.Nedap NV - Product and service
86.Nedap NV - Key offerings
87.Nedap NV - Key customers
88.Nedap NV - Segment focus
89.Siemens AG - Overview
90.Siemens AG - Business segments
91.Siemens AG - Key offerings
92.Siemens AG - Key customers
93.Siemens AG - Segment focus
94.SKIDATA AG - Overview
95.SKIDATA AG - Business segments
96.SKIDATA AG - Key offerings
97.SKIDATA AG - Key customers
98.SKIDATA AG - Segment focus
99.Currency conversion rates for US$
100.Research Methodology
101.Validation techniques employed for market sizing
102.Information sources
103.List of abbreviations

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