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:

Type:

  • 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 Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product / Service portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Off-street parking - Market size and forecast 2019-2024
      • Table Off-street parking - Market size and forecast 2019-2024 ($ million)
      • Table Off-street parking - Year-over-year growth 2019-2024 (%)
    • On-street parking - Market size and forecast 2019-2024
      • Table On-street parking - Market size and forecast 2019-2024 ($ million)
      • Table On-street parking - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Use of telematics for car parking and tracking
      • Growing adoption of ITS
      • Technological advances in the automotive industry
    • Market challenges
      • High deployment costs
      • Issues with system integration
      • Threat of cyberattack
        • Table Impact of drivers and challenges
    • Market trends
      • Crypto wallet payments for parking
      • Crowdsource parking intelligence
      • Increasing adoption of artificial intelligence (AI) and machine learning
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Overview
      • Table 3M Co. - Business segments
      • Table 3M Co.- Key news
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Segment focus
    • Conduent Inc.
      • Table Conduent Inc. - Overview
      • Table Conduent Inc. - Business segments
      • Table Conduent Inc.- Key news
      • Table Conduent Inc. - Key offerings
      • Table Conduent Inc. - Segment focus
    • Flowbird SAS
      • Table Flowbird SAS - Overview
      • Table Flowbird SAS - Product and service
      • Table Flowbird SAS - Key offerings
    • International Business Machines Corp.
      • Table International Business Machines Corp. - Overview
      • Table International Business Machines Corp. - Business segments
      • Table International Business Machines Corp.- Key news
      • Table International Business Machines Corp. - Key offerings
      • Table International Business Machines Corp. - Segment focus
    • IPS Group Inc.
      • Table IPS Group Inc. - Overview
      • Table IPS Group Inc. - Product and service
      • Table IPS Group Inc.- Key news
      • Table IPS Group Inc. - Key offerings
    • Kapsch Aktiengesellschaft
      • Table Kapsch Aktiengesellschaft - Overview
      • Table Kapsch Aktiengesellschaft - Business segments
      • Table Kapsch Aktiengesellschaft.- Key news
      • Table Kapsch Aktiengesellschaft - Key offerings
      • Table Kapsch Aktiengesellschaft - Segment focus
    • Libelium Comunicaciones Distribuidas SL
      • Table Libelium Comunicaciones Distribuidas SL - Overview
      • Table Libelium Comunicaciones Distribuidas SL - Product and service
      • Table Libelium Comunicaciones Distribuidas SL- Key news
      • Table Libelium Comunicaciones Distribuidas SL - Key offerings
    • Nedap NV
      • Table Nedap NV - Overview
      • Table Nedap NV - Product and service
      • Table Nedap NV - Key news
      • Table Nedap NV - Key offerings
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG- Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • SKIDATA AG
      • Table SKIDATA AG - Overview
      • Table SKIDATA AG - Product and service
      • Table SKIDATA AG- Key news
      • Table SKIDATA AG - Key offerings
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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