Global Smart Parking Services Market Growth (Status and Outlook) 2026-2032

The global Smart Parking Services market size is predicted to grow from US$ 5260 million in 2025 to US$ 8910 million in 2032; it is expected to grow at a CAGR of 8.3% from 2026 to 2032.

Smart parking services are an integrated "hardware + software + operation" solution centered on IoT sensors, license plate recognition (LPR/ANPR), mobile applications, and cloud platforms. This solution enables real-time monitoring of roadside and parking spaces, navigation guidance, automatic billing and settlement, reservation and sharing management, and coordinated scheduling with EV charging. Downstream applications cover municipal roadsides, commercial complexes, hospitals, transportation hubs, campuses, and communities, resulting in target occupancy rates of 70-85%, a 20-40% reduction in patrol time, and a 10-30% increase in revenue. Future development focuses on AI-driven dynamic pricing and flexible management, edge intelligence and privacy compliance, integrated EV charging and parking space scheduling, multi-site joint settlement, and the introduction of carbon reduction and resilience indicators, thereby driving the evolution of parking management services towards intelligence, greenness, and efficiency.

United States market for Smart Parking Services is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Smart Parking Services is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Smart Parking Services is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Smart Parking Services players cover Amano McGann, TIBA Parking Systems, Flowbird Group, SKIDATA GmbH, Conduent Transportation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

LPI (LP Information)' newest research report, the “Smart Parking Services Industry Forecast” looks at past sales and reviews total world Smart Parking Services sales in 2025, providing a comprehensive analysis by region and market sector of projected Smart Parking Services sales for 2026 through 2032. With Smart Parking Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Parking Services industry.

This Insight Report provides a comprehensive analysis of the global Smart Parking Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Parking Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Parking Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Parking Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Parking Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Parking Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Roadside Type
Off-Roadside Type

Segmentation by Access Device:
Camera + Gateless
Barrier Gate + Ticket Box
Others

Segmentation by Billing:
Static Billing
Dynamic/Peak/Valley Billing
Others

Segmentation by Application:
Municipal & Roadside Facilities
Commercial Complexes
Hospitals & Campuses
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amano McGann
TIBA Parking Systems
Flowbird Group
SKIDATA GmbH
Conduent Transportation
FlashParking
Passport
Q-Free
Groupe INDIGO
LAZ Parking
Cleverciti Systems
IPS Group
Cubic Corporation
Verra Mobility
SOS
GSSP
PMSI
Precise ParkLink
Propark Mobility
Egis
PKE Mobility Solutions

Please note: The report will take approximately 2 business days to prepare and deliver. Show more