Market Research Logo

Parking Management Market by Solution (Parking Guidance, Reservation Management, Permit, Enforcement, PARC, Security & Surveillance, Analytics), Service, Deployment Type, Parking Site (Off-Street and On-Street), and Region - Global Forecast to 2023

Parking Management Market by Solution (Parking Guidance, Reservation Management, Permit, Enforcement, PARC, Security & Surveillance, Analytics), Service, Deployment Type, Parking Site (Off-Street and On-Street), and Region - Global Forecast to 2023

“The growing focus on seamless traffic flow and reduction in fuel consumption is expected to drive the parking management market”
The parking management market size is expected to grow from USD 3.39 billion in 2018 to USD 5.15 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. The major driver for the parking management market is expected to be the growing focus on seamless traffic flow and reduction in fuel consumption and increasing motor vehicle sales. The major restraining factor is could be the complexity in system integration.

“Cloud deployment type is expected to grow at a higher rate during the forecast period”
The cloud deployment type is expected to record a higher growth rate during the forecast period. The cloud-based solutions are cost effective and easily scalable as per business requirements. These advantages encourage companies to adopt cloud-based parking management solutions. Cloud-based solutions facilitate organizations with scalability and the ease of accessibility of organizational content, regardless of employees’ location, thereby helping with business continuity. Cloud-based solutions are widely adopted in the developing countries.

“Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period”
As per the geographic analysis, the APAC region is expected to witness the fastest growth in the parking management market due to the rapid adoption of advanced technologies and increasing urabnization in developing countries. In addition to this, various smart city projects have been rolled out in the APAC region to enhance the citizen services. These smart city projects address infrastructure, transit, utilities, and connectivity challenges. Parking management is the center stage of all these smart cities projects. North America is expected to hold the largest market share during the forecast period, owing to the large-scale investments in implementing parking management solutions, due to the growing need for better driver and commuter convenience.

The break-up profiles of the primary discussion participants are given below:
• By Company Type: Tier 1 (53%), Tier 2 (33%), and Tier 3 (14%)
• By Designation: C-Level (60%), Director Level (10%), and Manager Level (30%)
• By Region: North America (35%), Europe (25%), APAC (30%), and RoW (10%)

The key parking management market vendors profiled in the report are as follows:
1. Conduent (US)
2. Amano Corporation (Japan)
3. Q-Free ASA (Norway)
4. Indigo Park Services (UK))
5. Streetline (US)
6. SWARCO (Austria)
7. T2 Systems (US)
8. SKIDATA (Austria)
9. Flowbird Group (France)
10. INRIX (US)
11. Chetu (US)
12. Flashparking (US)
13. Parkmobile (US)
14. Passport (US)
15. SpotHero (US)
16. TIBA Parking Systems (US)
17. Urbiotica (Spain)
18. Smart Parking (Australia)
19. SAP (Germany)
20. Siemens (Germany)
21. APCOA (US)
22. Bosch Mobility Solutions (Germany)
23. GET MY PARKING (India)
24. Nester(UAE)
25. NuPark (US)

Research Coverage
The global parking management market has been segmented on the basis of types (solutions and services), deployment types, parking site, and regions. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across the regions. In addition to this, the strength of product portfolio and business strategy excellence are some of the other MarketsandMarkets analysis included in the report.

Reasons to Buy the Report
The report will help the market leaders/new entrants in the parking management market in the following ways:
1. The report segments the parking management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report helps the stakeholders understand the competitors and gain more insights to better their position in the market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2015-2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE PARKING MANAGEMENT MARKET
    • PARKING MANAGEMENT MARKET, BY TYPE, 2018-2023
    • PARKING MANAGEMENT MARKET, BY SOLUTION, 2018-2023
    • PARKING MANAGEMENT MARKET, BY SERVICE, 2018-2023
    • PARKING MANAGEMENT MARKET, BY PARKING SITE, 2018-2023
    • PARKING MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2018-2023
    • MARKET INVESTMENT SCENARIO
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • USE CASES
  • PARKING MANAGEMENT MARKET, BY TYPE
    • INTRODUCTION
      • Table PARKING MANAGEMENT MARKET, BY TYPE, 2016-2023 (USD MILLION)
    • SOLUTIONS
      • Table SOLUTIONS: PARKING MANAGEMENT MARKET SIZE, 2016-2023 (USD MILLION)
      • Table SOLUTIONS: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING GUIDANCE SOLUTION
        • Table PARKING GUIDANCE SOLUTION MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING RESERVATION MANAGEMENT
        • Table PARKING RESERVATION MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING PERMIT MANAGEMENT
        • Table PARKING PERMIT MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING ENFORCEMENT MANAGEMENT
        • Table PARKING ENFORCEMENT MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING ACCESS AND REVENUE CONTROL
        • Table PARKING ACCESS AND REVENUE CONTROL MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING SECURITY AND SURVEILLANCE
        • Table PARKING SECURITY AND SURVEILLANCE MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PARKING ANALYTICS
        • Table PARKING ANALYTICS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SERVICES
      • Table SERVICES: PARKING MANAGEMENT MARKET SIZE, 2016-2023 (USD MILLION)
      • Table SERVICES: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • PROFESSIONAL SERVICES
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table CONSULTING MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table SYSTEM INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
        • Table SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • MANAGED SERVICES
        • Table MANAGED SERVICES MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PARKING MANAGEMENT MARKET, BY PARKING SITE
    • INTRODUCTION
      • Table PARKING MANAGEMENT MARKET, BY PARKING SITE, 2016-2023 (USD MILLION)
    • OFF-STREET PARKING
      • Table OFF-STREET PARKING: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • ON-STREET PARKING
      • Table ON-STREET PARKING: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PARKING MANAGEMENT MARKET, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table PARKING MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • CLOUD
      • Table CLOUD: PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PARKING MANAGEMENT MARKET, BY REGION
    • INTRODUCTION
      • Table PARKING MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: PARKING MANAGEMENT MARKET SIZE, BY PARKING SITE, 2016-2023 (USD MILLION)
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • REST OF EUROPE
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
        • Table EUROPE: PARKING MANAGEMENT MARKET SIZE, BY PARKING SITE, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • REST OF ASIA PACIFIC
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: PARKING MANAGEMENT MARKET SIZE, BY PARKING SITE, 2016-2023 (USD MILLION)
    • LATIN AMERICA
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
        • Table LATIN AMERICA: PARKING MANAGEMENT MARKET SIZE, BY PARKING SITE, 2016-2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • UNITED ARAB EMIRATES
      • SOUTH AFRICA
      • REST OF MIDDLE EAST AND AFRICA
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2016-2023 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: PARKING MANAGEMENT MARKET SIZE, BY PARKING SITE, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING, 2018
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2016-2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2017-2018
      • MERGERS AND ACQUISITIONS
        • Table ACQUISITIONS, 2015-2018
      • AGREEMENTS AND PARTNERSHIPS
        • Table AGREEMENTS AND PARTNERSHIPS, 2017-2018
  • COMPANY PROFILES
    • CONDUENT
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • INDIGO PARK SERVICES
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AMANO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SWARCO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • Q-FREE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • STREETLINE (A KAPSCH COMPANY)
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • T2 SYSTEMS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SKIDATA
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FLOWBIRD GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INRIX
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FLASHPARKING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • CHETU
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • PARKMOBILE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PASSPORT INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SPOTHERO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • TIBA PARKING
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • URBIOTICA
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • SMART PARKING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SAP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SIEMENS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • KEY INNOVATORS
      • APCOA PARKING
      • BOSCH MOBILITY
      • GET MY PARKING
      • NESTER
      • NUPARK
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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