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Global Parking Management Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Global Parking Management Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

The global parking management market size is estimated to grow from $3.03 Billion in year 2016 to $5.30 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.1% during 2016-2022. The increased public sector funding and productive government initiatives are presumed to strengthen the whole global parking management industry growth. This market is anticipated to experience a surge in the demand for management solutionsin the commercial and government application segments and is anticipated to propel the industry growth in the near future. Moreover, an increasing number of vehicles is impacting the lack of availability of parking lots and is consequently fuelling the demand for parking management solutions across the world. Furthermore, these parking mobile applications are likely to offer local businesses an opportunity to attract their potential customers and provide them the best offers for customers looking for.

The global parking management market is segmented by software and service, parking site type, solutions, vertical, and geographical region. Out of which the software segment is detecting great opportunities and importance amongst end users owing to the surge in implementation and installation of advanced parking management software. In this segment ‘parking information systems’ sub-segments is gaining significant amount of traction and will grow with the highest CAGR during the forecast year, due to huge demand amongst parking operators along with drivers for exchange of real time information.

Geographically, the market is divided into; North America, Europe, Asia-Pacific (APAC) and rest of the world. Out of all these, the North American region, followed by Europe, is expected to develop the largest revenue generating region for parking management solution vendors by the year 2016. This is mainly because in the advanced economies of US and Canada, there is a huge focus on innovations from research and development and parking technology. The APAC region is also expected to be the fastest growing region in the market. The growth is primarily driven by the need of citizens such as safety of pedestrians and reduction in pollution. Moreover, the increase in number of vehicles globally, with high growth rates in emerging economies such as Asia-Pacific and Latin America, are creating business potential for the industry. The holistic idea of having smart cities is taking off at significant momentum. There is also a prime focus on spending in emerging sectors such as smart transportation. These factors clearly indicate the growth potential of the parking management market in the coming years.

Majorkey players in the industry includes Amano, 3M, Cubic Corporation, Swarco AG, Siemens AG, KapschTrafficCom, Xerox Corporation, and IBM Corporation. Merger acquisition long with the product launch are the key strategy that are being involved in the market. For instance, in 2016 IBM corp. acquire Blue Wolf Group LLC for sales force system integrator.

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1. INTRODUCTION
1.1. EXECUTIVE SUMMARY
1.2. ESTIMATION METHODOLOGY
2. MARKET OVERVIEW
2.1. MARKET DEFINITION AND SCOPE
2.2. KEY FINDINGS
2.3. PARAMETRIC ANALYSIS
2.4. KEY MARKET INSIGHTS
2.4.1. TOP EMERGING COUNTRIES
2.4.2. TOP REVENUE GENERATING SEGMENTS
2.4.3. TOP GROWING MARKETS AND EMERGING TRENDS
2.4.4. TOP GEOGRAPHY
2.5. COMPETITIVE LANDSCAPE
2.5.1. MARKET SHARE ANALYSIS
2.5.2. TOP WINNING STRATEGIES
2.5.3. CASE STUDIES: TOP COMPETITIVE MOVES
2.6. PORTER’S FIVE FORCE MODEL
2.6.1. THREAT OF NEW ENTRANTS
2.6.2. THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
2.6.3. BARGAINING POWER OF BUYER
2.6.4. BARGAINING POWER OF SUPPLIER
2.6.5. INTENSITY OF COMPETITIVE RIVALRY
2.7. KEY BUYING CRITERIA
2.8. STRATEGIC RECOMMENDATION
2.9. STRATEGIC CONCLUSIONS
3. MARKET DETERMINANTS
3.1. MARKET DRIVERS
3.1.1. NEED FOR SMOOTH TRAFFIC FLOW 38
3.1.2. DECREASING HARDWARE AND CONNECTIVITY COSTS 38
3.2. MARKET RESTRAINTS
3.2.1. COST SENSITIVITY OF PARKING SPACE OPERATORS 39
3.2.2. SYSTEM INTEROPERABILITY 39
3.3. MARKET OPPORTUNITIES
3.3.1. GROWING DEMAND IN EMERGING ECONOMIES 39
3.3.2. GROWTH OF SMART CITIES 40
3.4. MARKET CHALLENGES
3.4.1. DIFFICULTY IN CHANGING CUSTOMER MINDSETS 40
3.4.2. UNDERUTILIZATION OF EXISTING RESOURCES 40
3.5. PARENT MARKET
3.6. COMPETITORS MARKET
3.7. ALTERNATIVE MARKET
4. MARKET SEGMENTATION
4.1. BY SYSTEM COMPONENT AND SERVICES
4.1.1. GLOBAL PARKING MANAGEMENT MARKET BY PARKING SOFTWARE 2014-2022 ($MILLION)
4.1.1.1. GLOBAL PARKING MANAGEMENT MARKET BY PARKING INFORMATION AND MANAGEMENT SYSTEMS 2014-2022 ($MILLION)
4.1.1.2. GLOBAL PARKING MANAGEMENT MARKET BY PARKING PAYMENT SYSTEMS 2014-2022 ($MILLION)
4.1.2. GLOBAL PARKING MANAGEMENT MARKET BY SYSTEM DEVICES 2014-2022 ($MILLION)
4.1.2.1. GLOBAL PARKING MANAGEMENT MARKET BY PARKING METERS 2014-2022 ($MILLION)
4.1.2.2. GLOBAL PARKING MANAGEMENT MARKET BY HANDHELD TICKET WRITERS 2014-2022 ($MILLION)
4.1.2.3. GLOBAL PARKING MANAGEMENT MARKET BY ULTRASONIC OCCUPANCY SENSORS 2014-2022 ($MILLION)
4.1.2.4. GLOBAL PARKING MANAGEMENT MARKET BY RFID TRANSPONDERS 2014-2022 ($MILLION)
4.1.2.5. GLOBAL PARKING MANAGEMENT MARKET BY SURVEILLANCE CAMERAS AND DVRS 2014-2022 ($MILLION)
4.1.2.6. GLOBAL PARKING MANAGEMENT MARKET BY AUTOMATED GATES 2014-2022 ($MILLION)
4.1.2.7. GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER DEVICES 2014-2022 ($MILLION)
4.1.3. GLOBAL PARKING MANAGEMENT MARKET BY PROFESSIONAL SERVICES 2014-2022 ($MILLION)
4.1.3.1. GLOBAL PARKING MANAGEMENT MARKET BY DEPLOYMENT AND CUSTOMIZATION 2014-2022 ($MILLION)
4.1.3.2. GLOBAL PARKING MANAGEMENT MARKET BY MAINTENANCE AND SUPPORT 2014-2022 ($MILLION)
4.2. BY PARKING SITE TYPE
4.2.1. GLOBAL PARKING MANAGEMENT MARKET BY ON STREET2014-2022 ($MILLION)
4.2.2. GLOBAL PARKING MANAGEMENT MARKET BY OFF STREET2014-2022 ($MILLION)
4.3. BY SOLUTION
4.3.1. GLOBAL PARKING MANAGEMENT MARKET BY ACCESS CONTROL 2014-2022 ($MILLION)
4.3.1.1. GLOBAL PARKING MANAGEMENT MARKET BY BIOMETRICS 2014-2022 ($MILLION)
4.3.1.2. GLOBAL PARKING MANAGEMENT MARKET BY ID MANAGEMENT 2014-2022 ($MILLION)
4.3.1.3. GLOBAL PARKING MANAGEMENT MARKET BY LICENSE PLATE RECOGNITION (LPR)-BASED AUTOMATIC VEHICLE IDENTIFICATION (AVI) 2014-2022 ($MILLION)
4.3.2. GLOBAL PARKING MANAGEMENT MARKET BY SECURITY AND SURVEILLANCE 2014-2022 ($MILLION)
4.3.3. GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE AND REVENUE MANAGEMENT 2014-2022 ($MILLION)
4.3.3.1. GLOBAL PARKING MANAGEMENT MARKET BY COIN-BASED REVENUE MANAGEMENT 2014-2022 ($MILLION)
4.3.3.2. GLOBAL PARKING MANAGEMENT MARKET BY SMART CARD-BASED REVENUE MANAGEMENT 2014-2022 ($MILLION)
4.3.3.3. GLOBAL PARKING MANAGEMENT MARKET BY PAY-BY-PLATE REVENUE MANAGEMENT 2014-2022 ($MILLION)
4.3.4. GLOBAL PARKING MANAGEMENT MARKET BY PARKING RESERVATION MANAGEMENT 2014-2022 ($MILLION)
4.3.5. GLOBAL PARKING MANAGEMENT MARKET BY VALET PARKING MANAGEMENT 2014-2022 ($MILLION)
4.3.6. GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE ENFORCEMENT AND PERMIT MANAGEMENT 2014-2022 ($MILLION)
4.3.7. GLOBAL PARKING MANAGEMENT MARKET BY PARKING GUIDANCE AND SLOT MANAGEMENT2014-2022 ($MILLION)
4.4. BY VERTICALS
4.4.1. GLOBAL PARKING MANAGEMENT MARKET BY ACADEMIA 2014-2022 ($MILLION)
4.4.2. GLOBAL PARKING MANAGEMENT MARKET BY GOVERNMENT AND MUNICIPALITIES 2014-2022 ($MILLION)
4.4.3. GLOBAL PARKING MANAGEMENT MARKET BY TRANSPORTATION 2014-2022 ($MILLION)
4.4.4. GLOBAL PARKING MANAGEMENT MARKET BY RECREATION 2014-2022 ($MILLION)
4.4.5. GLOBAL PARKING MANAGEMENT MARKET BY HEALTHCARE 2014-2022 ($MILLION)
4.4.6. GLOBAL PARKING MANAGEMENT MARKET BY HOSPITALITY 2014-2022 ($MILLION)
4.4.7. GLOBAL PARKING MANAGEMENT MARKET BY RETAIL 2014-2022 ($MILLION)
4.4.8. GLOBAL PARKING MANAGEMENT MARKET BY CORPORATE AND COMMERCIAL PARKS 2014-2022 ($MILLION)
4.4.9. GLOBAL PARKING MANAGEMENT MARKET BY BFSI 2014-2022 ($MILLION)
4.4.10. GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER VERTICALS 2014-2022 ($MILLION)
5. GEOGRAPHIC ANALYSIS
5.1. NORTH AMERICA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.1.1. UNITED STATES (US) GLOBAL PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.1.2. CANADA GLOBAL PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2. EUROPE PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.1. UNITED KINGDOM (UK) PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.2. FRANCE PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.3. GERMANY PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.4. SPAIN PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.5. ITALY PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.2.6. ROEPARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3. ASIA PACIFIC PARKING MANAGEMENT MARKET2014-2022 ($MILLION)
5.3.1. INDIA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3.2. CHINA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3.3. JAPAN PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3.4. KOREA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3.5. AUSTRALIA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.3.6. RO APAC PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.4. REST OF THE WORLD PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.4.1. LATIN AMERICA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.4.2. MENA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
5.4.3. AFRICA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)
6. COMPANY PROFILE: - (OVER, SCOT ANALYSIS, STRATEGIC REVIEW)
AMANO CORPORATION
CUBIC CORPORATION
IBM
KAPSCH
SIEMENS
SKIDATA
SWARCO CORPORATION
TSYSTEMS
XEROX
LIST OF TABLES
GLOBAL PARKING MANAGEMENT MARKET BY PARKING SOFTWARE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING INFORMATION AND MANAGEMENT SYSTEMS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING PAYMENT SYSTEMS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SYSTEM DEVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING METERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HANDHELD TICKET WRITERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ULTRASONIC OCCUPANCY SENSORS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RFID TRANSPONDERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SURVEILLANCE CAMERAS AND DVRS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY AUTOMATED GATES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER DEVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PROFESSIONAL SERVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY DEPLOYMENT AND CUSTOMIZATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY MAINTENANCE AND SUPPORT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ON STREET ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY OFF STREET ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ACCESS CONTROL ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY BIOMETRICS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ID MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY LICENSE PLATE RECOGNITION (LPR)-BASED AUTOMATIC VEHICLE IDENTIFICATION (AVI) ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SECURITY AND SURVEILLANCE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE AND REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY COIN-BASED REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SMART CARD-BASED REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PAY-BY-PLATE REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING RESERVATION MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY VALET PARKING MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE ENFORCEMENT AND PERMIT MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING GUIDANCE AND SLOT MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ACADEMIA ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY GOVERNMENT AND MUNICIPALITIES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY TRANSPORTATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RECREATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HEALTHCARE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HOSPITALITY ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RETAIL ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY CORPORATE AND COMMERCIAL PARKS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY BFSI ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER VERTICALS ($MILLION)
NORTH AMERICA PARKING MANAGEMENT MARKET ($MILLION)
EUROPE PARKING MANAGEMENT MARKET ($MILLION)
UNITED KINGDOM (UK) GLOBAL PARKING MANAGEMENT MARKET ($MILLION)
ASIA PACIFIC PARKING MANAGEMENT MARKET ($MILLION)
REST OF THE WORLD PARKING MANAGEMENT MARKET ($MILLION)
LIST OF FIGURES
GLOBAL PARKING MANAGEMENT MARKET BY PARKING SOFTWARE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING INFORMATION AND MANAGEMENT SYSTEMS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING PAYMENT SYSTEMS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SYSTEM DEVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING METERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HANDHELD TICKET WRITERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ULTRASONIC OCCUPANCY SENSORS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RFID TRANSPONDERS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SURVEILLANCE CAMERAS AND DVRS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY AUTOMATED GATES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER DEVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PROFESSIONAL SERVICES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY DEPLOYMENT AND CUSTOMIZATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY MAINTENANCE AND SUPPORT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ON STREET ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY OFF STREET ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ACCESS CONTROL ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY BIOMETRICS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ID MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY LICENSE PLATE RECOGNITION (LPR)-BASED AUTOMATIC VEHICLE IDENTIFICATION (AVI) ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SECURITY AND SURVEILLANCE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE AND REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY COIN-BASED REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY SMART CARD-BASED REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PAY-BY-PLATE REVENUE MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING RESERVATION MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY VALET PARKING MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING FEE ENFORCEMENT AND PERMIT MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY PARKING GUIDANCE AND SLOT MANAGEMENT ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ACADEMIA ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY GOVERNMENT AND MUNICIPALITIES ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY TRANSPORTATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RECREATION ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HEALTHCARE ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY HOSPITALITY ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY RETAIL ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY CORPORATE AND COMMERCIAL PARKS ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY BFSI ($MILLION)
GLOBAL PARKING MANAGEMENT MARKET BY ANOTHER VERTICALS ($MILLION)
UNITED STATES (U.S.) GLOBAL PARKING MANAGEMENT MARKET ($MILLION)
CANADA GLOBAL PARKING MANAGEMENT MARKET ($MILLION)
UNITED KINGDOM (UK) GLOBAL PARKING MANAGEMENT MARKET ($MILLION)
FRANCE PARKING MANAGEMENT MARKET ($MILLION)
GERMANY PARKING MANAGEMENT MARKET ($MILLION)
SPAIN PARKING MANAGEMENT MARKET ($MILLION)
ITALY PARKING MANAGEMENT MARKET ($MILLION)
ROE PARKING MANAGEMENT MARKET ($MILLION)
INDIA PARKING MANAGEMENT MARKET ($MILLION)
CHINA PARKING MANAGEMENT MARKET ($MILLION)
JAPAN PARKING MANAGEMENT MARKET ($MILLION)
KOREA PARKING MANAGEMENT MARKET ($MILLION)
AUSTRALIA PARKING MANAGEMENT MARKET ($MILLION)
ROAPACPARKING MANAGEMENT MARKET ($MILLION)
LATIN AMERICA PARKING MANAGEMENT MARKET ($MILLION)
MENA PARKING MANAGEMENT MARKET ($MILLION)
AFRICA PARKING MANAGEMENT MARKET 2014-2022 ($MILLION)

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