Market Research Logo

North America Parking Management Market Forecast 2018-2026

North America Parking Management Market Forecast 2018-2026

KEY FINDINGS
The present smart cities project and future upcoming projects in the North American countries like the United States and Canada are likely to create ample of opportunities for the development and growth of the parking management systems. Over the forecast years of 2018-2026, the North American parking management system market is anticipated to showcase a CAGR of 10.06%.

MARKET INSIGHTS
The United States parking management system market accounted for the highest revenue share in 2017. This is followed by the Canadian market which is expected to account for the second-highest CAGR in this region. The rise in the number of vehicles in Canada has paved the way for the growth of the parking management system in the country. Environment protection has also triggered the growth of parking management market in the country. The advanced and innovative parking management features include the services provided by the parking operators to customers, which includes minimum time requirement, efficient vehicle security, and contactless & cashless payment.

COMPETITIVE INSIGHTS
Major players in this market are 3M Company, On Track Innovations (OTI) Ltd, Orange Business Services, Q-Free Asa, Kapsch Trafficom Ag, International Business Machines Corporation (IBM), Cisco Systems Inc, T2 Systems Inc, Xerox Corporation, Msr-Traffic, Siemens Ag, HCL Infotech Ltd, Nedap Mobility SolutionsParkopedia, Cubic Corporation, Indigo and Synapt (Division Of Prodapt).


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. North America Captured A Major Chunk Of The Overall Market
3.2.2. Increased Demand Of Access Control Systems
3.2.3. Growing Number Of Smart City Projects
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Booming Automotive Industry
4.2.2. Need To Reduce Traffic Congestion
4.2.3. Automotive Thefts On The Rise
4.2.4. Advancement In Real Time Information Regarding Parking
4.2.5. Rise In Demand Of Advanced License Plate Recognition (Lpr) Technology For Surveillance
4.3. Market Restraints
4.3.1. High Cost Associated With Implementation
4.3.2. Hurdles In Upgrading Traditional Parking Spaces
4.4. Market Opportunities
4.4.1. Emergence Of Smart Parking Systems
4.4.2. Urbanization And Rise In Vehicular Traffic
4.4.3. Optimal Utilization Of Space
4.5. Market Challenges
4.5.1. Licensing And Maintenance Costs
4.5.2. Training Expense Of Personnel
5. Market By Parking Site Type
5.1. Off Street Parking
5.2. On Street Parking
6. Market By Software & Service
6.1. Software
6.2. Professional Services
7. Market By Solution
7.1. Access Control
7.2. Parking Guidance & Slot Management
7.3. Parking Reservation Management
7.4. Parking Fee & Revenue Management
7.5. Parking Fee Enforcement & Permit Management
7.6. Valet Parking Management
7.7. Security & Surveillance
8. Market By Verticals
8.1. Government & Municipalities
8.2. Recreation
8.3. Corporate & Commercial Parks
8.4. Academia
8.5. Healthcare
8.6. Retail
8.7. Banking & Financial Institutions
8.8. Transportation
8.9. Hospitality
8.10. Other Verticals
9. Key Analytics
9.1. Porter’s Five Force Model
9.1.1. Bargaining Power Of Suppliers
9.1.2. Bargaining Power Of Buyers
9.1.3. Threat Of New Entrants
9.1.4. Threat Of Substitute Product
9.1.5. Threat Of Competitive Rivalry
9.2. Key Buying Criteria
9.2.1. Performance
9.2.2. Flexibility
9.2.3. Security
9.2.4. Pricing
9.3. Vendor Landscape
9.4. Opportunity Matrix
10. Geographical Analysis
10.1. United States
10.2. Canada
11. Competitive Landscape
11.1. Market Share Analysis
11.2. Corporate Strategies
11.3. Company Profiles
11.3.1. 3m Company
11.3.2. Amano Mcgann Inc
11.3.3. Cisco Systems Inc
11.3.4. Cubic Corporation
11.3.5. Deutsche Telekom Ag
11.3.6. Gemalto Nv
11.3.7. Hcl Infotech Ltd.
11.3.8. International Business Machines Corporation (Ibm)
11.3.9. Indigo
11.3.10. Inrix Inc
11.3.11. Kpasch Trafficom Ag
11.3.12. Msr-traffic
11.3.13. Nedap Mobility Solutions
11.3.14. On Track Innovations (Oti) Ltd
11.3.15. Orange Business Services
11.3.16. Parkme
11.3.17. Parkopedia
11.3.18. Q-free Asa
11.3.19. Serco Group Plc
11.3.20. Siemens Ag
11.3.21. Skidata Ag
11.3.22. Swarco Ag
11.3.23. Synapt (Division Of Prodapt)
11.3.24. T2 Systems Inc
11.3.25. Xerox Corporation
List Of Tables
Table 1: North America Parking Management Market, By Country, 2018-2026 (In $ Million)
Table 2: Vehicle Production In 2016
Table 3: North America Parking Management Market, By Software & Services, 2018-2026 (In $ Million)
Table 4: North America Parking Management Market, By Solution, 2018-2026 (In $ Million)
Table 5: North America Parking Management Market, By Parking Site Type, 2018-2026 (In $ Million)
Table 6: North America Parking Management Market, By Verticals, 2018-2026 (In $ Million)
Table 7: Vendor Landscape Of Parking Management Market
Table 8: Opportunity Matrix Of Parking Management Market
Table 9: North America Parking Management Market, By Country, 2018-2026 (In $ Million)
List Of Figures
Figure 1: North America Parking Management Market, By Software & Services, 2018-2026 (In $ Million)
Figure 2: North America Parking Management Market, 2018-2026 (In $ Million)
Figure 3: Worldwide Automotive (Cars & Commercial Vehicles) Production, 2015-2020 (In Million)
Figure 4: Worldwide Automotive (Cars & Commercial Vehicles) Sales, 2011-2016 (In Million)
Figure 5: North America Parking Management Market, By Software, 2018-2026 (In $ Million)
Figure 6: North America Parking Management Market, By Professional Services, 2018-2026 (In $ Million)
Figure 7: North America Parking Management Market, By Access Control, 2018-2026 (In $ Million)
Figure 8: North America Parking Management Market, By Parking Guidance & Slot Management, 2018-2026 (In $ Million)
Figure 9: North America Parking Management Market, By Parking Reservation Management, 2018-2026 (In $ Million)
Figure 10: North America Parking Management Market, By Parking Fee & Revenue Management, 2018-2026 (In $ Million)
Figure 11: North America Parking Management Market, By Parking Fee Enforcement & Permit Management, 2018-2026 (In $ Million)
Figure 12: North America Parking Management Market, By Valet Parking Management, 2018-2026 (In $ Million)
Figure 13: North America Parking Management Market, By Security & Surveillance, 2018-2026 (In $ Million)
Figure 14: North America Parking Management Market, By Off Street Parking, 2018-2026 (In $ Million)
Figure 15: North America Parking Management Market, By On Street Parking, 2018-2026 (In $ Million)
Figure 16: Top 10 Countries In Defense Budget In 2016 ($ Billion)
Figure 17: North America Parking Management Market, By Government & Municipalities, 2018-2026 (In $ Million)
Figure 18: North America Parking Management Market, By Recreation, 2018-2026 (In $ Million)
Figure 19: North America Parking Management Market, By Corporate & Commercial Parks, 2018-2026 (In $ Million)
Figure 20: North America Parking Management Market, By Academia, 2018-2026 (In $ Million)
Figure 21: North America Parking Management Market, By Healthcare, 2018-2026 (In $ Million)
Figure 22: North America Parking Management Market, By Retail, 2018-2026 (In $ Million)
Figure 23: North America Parking Management Market, By Banking & Financial Institutions, 2018-2026 (In $ Million)
Figure 24: North America Parking Management Market, By Transportation, 2018-2026 (In $ Million)
Figure 25: North America Parking Management Market, By Hospitality, 2018-2026 (In $ Million)
Figure 26: North America Parking Management Market, By Other Verticals, 2018-2026 (In $ Million)
Figure 27: Porter’s Five Force Analysis
Figure 28: Key Buying Impact Analysis
Figure 29: North America Parking Management Market, Regional Outlook, 2017 & 2026 (In %)
Figure 30: United States Parking Management Market, 2018-2026 (In $ Million)
Figure 31: Canada Parking Management Market, 2018-2026 (In $ Million)
Figure 32: Market Share Analysis Of Key Players In 2017 (%)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report