The global parking management market size accounted for US$ 5.38 Bn in 2022 and is projected to reach around USD 12.91 Bn by 2032, growing at a CAGR of 9.15% from 2023 to 2032.
Report Summary
The global parking management market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the parking management market across the globe.
A comprehensive estimate on the parking management market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of parking management during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Parking Management Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 5.87 Billion |
Market Size by 2032 | USD 12.91 Billion |
Growth Rate from 2023 to 2032 | CAGR of 9.15% |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Solution, By Service, By Deployment Type, By Parking Site, By Off-Street Parking and By Application |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized parking management market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: US Post-Acute Care (PAC) Market Size Analysis 2023 To 2032
Parking Management Market Players
The report includes the profiles of key parking management market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- 3M Company
- Amano Corporation
- Cubic Corporation
- FlashParking Inc. (Arrive Mobility Inc.)
- Infocomm Group LLC
- International Business Machines Corporation
- Passport Labs Inc.
- Q-Free ASA
- Robert Bosch GmbH
- SAP SE
- Siemens AG
- Ta2 Systems Inc. (Verra Mobility)
Market Segmentation
By Solution
- Access Control
- Security & Surveillance
- Revenue Management
- Parking Reservation Management
- Valet Parking Management
- Others
By Service
- Consulting Services
- System Integration and Deployment
- Support and Maintenance
By Deployment Type
- On-premise
- Cloud
By Parking Site
- On-Street
- Off-Street
By Off-Street Parking
- Garage Parking
- Lot Parking
By Application Insights
- Transport Transit
- Commercial
- Government
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Parking Management Market
5.1. COVID-19 Landscape: Parking Management Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Parking Management Market, By Solution
8.1. Parking Management Market, by Solution, 2023-2032
8.1.1. Access Control
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Security & Surveillance
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Revenue Management
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Parking Reservation Management
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Valet Parking Management
8.1.6.1. Market Revenue and Forecast (2020-2032)
8.1.6. Others
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Parking Management Market, By Service
9.1. Parking Management Market, by Service, 2023-2032
9.1.1. Consulting Services
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. System Integration and Deployment
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Support and Maintenance
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Parking Management Market, By Deployment Type
10.1. Parking Management Market, by Deployment Type, 2023-2032
10.1.1. On-premise
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Cloud
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Parking Management Market, By Parking Site
11.1. Parking Management Market, by Parking Site, 2023-2032
11.1.1. On-Street
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Off-Street
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Parking Management Market, By Off-Street Parking
12.1. Parking Management Market, by Off-Street Parking, 2023-2032
12.1.1. Garage Parking
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Lot Parking
Chapter 13. Global Parking Management Market, By Application Insights
13.1. Parking Management Market, by Application Insights, 2023-2032
13.1.1. Transport Transit
13.1.1.1. Market Revenue and Forecast (2020-2032)
13.1.2. Commercial
13.1.2.1. Market Revenue and Forecast (2020-2032)
13.1.3. Government
13.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 14. Global Parking Management Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Solution (2020-2032)
14.1.2. Market Revenue and Forecast, by Service (2020-2032)
14.1.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.1.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.1.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.1.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Solution (2020-2032)
14.1.7.2. Market Revenue and Forecast, by Service (2020-2032)
14.1.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.1.7.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.1.8. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.1.8.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Solution (2020-2032)
14.1.9.2. Market Revenue and Forecast, by Service (2020-2032)
14.1.9.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.1.9.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.1.10. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.1.11. Market Revenue and Forecast, by Application Insights (2020-2032)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Solution (2020-2032)
14.2.2. Market Revenue and Forecast, by Service (2020-2032)
14.2.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.2.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.2.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.2.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Solution (2020-2032)
14.2.8.2. Market Revenue and Forecast, by Service (2020-2032)
14.2.8.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.2.9. Market Revenue and Forecast, by Parking Site (2020-2032)
14.2.10. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.2.10.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Solution (2020-2032)
14.2.11.2. Market Revenue and Forecast, by Service (2020-2032)
14.2.11.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.2.12. Market Revenue and Forecast, by Parking Site (2020-2032)
14.2.13. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.2.14. Market Revenue and Forecast, by Application Insights (2020-2032)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Solution (2020-2032)
14.2.15.2. Market Revenue and Forecast, by Service (2020-2032)
14.2.15.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.2.15.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.2.16. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.2.16.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Solution (2020-2032)
14.2.17.2. Market Revenue and Forecast, by Service (2020-2032)
14.2.17.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.2.17.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.2.18. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.2.18.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Solution (2020-2032)
14.3.2. Market Revenue and Forecast, by Service (2020-2032)
14.3.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.3.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.3.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.3.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Solution (2020-2032)
14.3.7.2. Market Revenue and Forecast, by Service (2020-2032)
14.3.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.3.7.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.3.8. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.3.9. Market Revenue and Forecast, by Application Insights (2020-2032)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Solution (2020-2032)
14.3.10.2. Market Revenue and Forecast, by Service (2020-2032)
14.3.10.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.3.10.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.3.11. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.3.11.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Solution (2020-2032)
14.3.12.2. Market Revenue and Forecast, by Service (2020-2032)
14.3.12.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.3.12.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.3.12.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.3.12.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Solution (2020-2032)
14.3.13.2. Market Revenue and Forecast, by Service (2020-2032)
14.3.13.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.3.13.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.3.13.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.3.13.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Solution (2020-2032)
14.4.2. Market Revenue and Forecast, by Service (2020-2032)
14.4.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.4.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.4.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.4.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Solution (2020-2032)
14.4.7.2. Market Revenue and Forecast, by Service (2020-2032)
14.4.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.4.7.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.4.8. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.4.9. Market Revenue and Forecast, by Application Insights (2020-2032)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Solution (2020-2032)
14.4.10.2. Market Revenue and Forecast, by Service (2020-2032)
14.4.10.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.4.10.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.4.11. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.4.12. Market Revenue and Forecast, by Application Insights (2020-2032)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Solution (2020-2032)
14.4.13.2. Market Revenue and Forecast, by Service (2020-2032)
14.4.13.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.4.13.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.4.13.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.4.13.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Solution (2020-2032)
14.4.14.2. Market Revenue and Forecast, by Service (2020-2032)
14.4.14.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.4.14.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.4.14.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.4.14.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Solution (2020-2032)
14.5.2. Market Revenue and Forecast, by Service (2020-2032)
14.5.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.5.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.5.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.5.6. Market Revenue and Forecast, by Application Insights (2020-2032)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Solution (2020-2032)
14.5.7.2. Market Revenue and Forecast, by Service (2020-2032)
14.5.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.5.7.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.5.8. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.5.8.1. Market Revenue and Forecast, by Application Insights (2020-2032)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Solution (2020-2032)
14.5.9.2. Market Revenue and Forecast, by Service (2020-2032)
14.5.9.3. Market Revenue and Forecast, by Deployment Type (2020-2032)
14.5.9.4. Market Revenue and Forecast, by Parking Site (2020-2032)
14.5.9.5. Market Revenue and Forecast, by Off-Street Parking (2020-2032)
14.5.9.6. Market Revenue and Forecast, by Application Insights (2020-2032)
Chapter 15. Company Profiles
15.1. 3M Company
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Amano Corporation
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Cubic Corporation
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. FlashParking Inc. (Arrive Mobility Inc.)
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Infocomm Group LLC
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. International Business Machines Corporation
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Passport Labs Inc.
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Q-Free ASA
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Robert Bosch GmbH
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. SAP SE
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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