Parking Management Market by Component (Solution, Services), Technology (Image Processing, Reservation Based, RFID, Visible Light Communication), End User (Retail, Entertainment, and Leisure), Deployment, and Parking site - Global Forecast to 2027

  • Report ID:MRICT - 104396
  • Pages: 194
  • Apr 2020
  • Formats*: PDF
  • Category: Information & Communications Technology
  • Delivery: 2 to 4 Hours

1. Introduction 
    1.1. Market Definition 
    1.2. Market Ecosystem 
    1.3. Currency and Limitations 
           1.3.1. Currency 
    1.4. Key Stakeholders 

2. Research Methodology 
    2.1. Research Process 
    2.2. Data Collection & Validation 
           2.2.1. Secondary Research 
           2.2.2. Primary Research 
    2.3. Market Assessment 
           2.3.1. Market Size Estimation 
                    2.3.1.1. Bottom-Up Approach 
                    2.3.1.2. Growth Forecast 
    2.4. Assumptions for the Study 
    2.5. COVID 19 Impact 

3. Executive Summary 

4. Market Insights 
    4.1. Introduction 
    4.2. Market Dynamics 
           4.2.1. Drivers 
                    4.2.1.1. Growing Demand for AI Based Services 
                    4.2.1.2. Growing Demand for Parking Spaces 
                    4.2.1.3. Growing Focus on Seamless Traffic Flow & Reducing Fuel Consumption 
           4.2.2. Restraints 
                    4.2.2.1. Complexity in System Integration 
                    4.2.2.2. Shift from Car Ownership Model to Car Sharing/Rental Model  
           4.2.3. Opportunities 
                    4.2.3.1. Increase in Smart City Initiatives Globally 
                    4.2.3.2. Technological Advancements in Autonomous Cars 
           4.2.4. Challenges 
                    4.2.4.1. High Initial Implementation Cost 
                    4.2.4.2. Climate Durability and Strength against Vandalism 
           4.2.5. Trends 
                    4.2.5.1. Rapidly Evolving Technologies 
                    4.2.5.2. Advancements in Mobility across the World 
    4.3. Value Chain Analysis 
    4.4. Case Studies 
           4.4.1. Singapore 
           4.4.2. Wilson Parking, New Zealand 
           4.4.3. Cardiff, Wales 
    4.5. COVID 19 Impact 

5. Global Parking Management, by Component 
    5.1. Introduction 
    5.2. Solutions 
           5.2.1. Parking Access and Revenue Control 
                    5.2.1.1. Parking Meters
                    5.2.1.2. Handheld Ticket Writers 
                    5.2.1.3. Automated Gates 
           5.2.2. Security & Surveillance 
                    5.2.2.1. Surveillance Cameras 
                    5.2.2.2. Alarms & Locators 
                    5.2.2.3. Others Devices 
           5.2.3. Reservation Management 
           5.2.4. Permit Management 
           5.2.5. Parking Guidance System 
    5.3. Services 
           5.3.1. System Integration 
           5.3.2. Support & Maintenance 

6. Global Parking Management, by End User 
    6.1. Introduction 
    6.2. Commercial
           6.2.1. Retail, Entertainment, and Leisure 
           6.2.2. Airports, Railway Stations, and Bus Terminals
           6.2.3. Office Space 
           6.2.4. Others 
    6.3. Residential 

7. Global Parking Management, by Technology     
    7.1. Introduction 
    7.2. Image Processing 
    7.3. Reservation Based Parking Management System 
    7.4. RFID Based Parking Management System 
    7.5. Visible Light Communication 
    7.6. License Plate Recognition 

8. Global Parking Management, by Deployment Type 
    8.1. Introduction 
    8.2. On Premises 
    8.3. Cloud 

9. Global Parking Management, by Parking Site 
    9.1. Introduction 
    9.2. On-Street 
    9.3. Off-Street 

10. Parking Management Market, by Geography 
      10.1. Introduction 
      10.2. North America
              10.2.1. U.S. 
              10.2.2. Canada 
      10.3. Europe 
              10.3.1. Germany 
              10.3.2. United Kingdom 
              10.3.3. France
              10.3.4. Italy 
              10.3.5. Spain 
              10.3.6. Rest of Europe 
      10.4. Asia-Pacific 
              10.4.1. Japan 
              10.4.2. China 
              10.4.3. South Korea 
              10.4.4. India 
              10.4.5. Australia 
              10.4.6. Rest of Asia-Pacific 
      10.5. Latin-America 
      10.6. Middle East & Africa 

11. Competitive Landscape 
      11.1. Introduction 
      11.2. Key Growth Strategies 
      11.3. Competitive Benchmarking 
      11.4. Market Ranking (2019) 
              11.4.1. Amano Corporation 
              11.4.2. Flowbird Group 
              11.4.3. SKIDATA AG 
              11.4.4. T2 Systems, Inc.

12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Development)
      12.1. Xerox Corporation  
      12.2. Amano Corporation  
      12.3. IBM 
      12.4. Cubic Corporation 
      12.5. Robotic Parking Systems, Inc. 
      12.6. SWARCO AG  
      12.7. SKIDATA AG  
      12.8. Siemens AG 
      12.9. Skyline Parking AG 
      12.10. Unitronics  
      12.12. Flowbird Group  
      12.12. T2 Systems Inc. 
      12.13. Cleverciti Systems GmbH   

13. Appendix 
      13.1. Questionnaire 
      13.2. Available Customization 

List of Tables

Table 1 Global Parking Management Size, by Component, 2019-2027  ($Million) 
Table 2 Global Parking Management Market Size, by Solution 2019-2027  ($Million) 
Table 3 Global Parking Management Solution Market Size, by Country/Region, 2019-2027  ($Million) 
Table 4 Global Parking Access and Revenue Control Market Size, by Type 2019-2027  ($Million) 
Table 5 Global Parking Access and Revenue Control Market Size, by Country/Region, 2019-2027  ($Million) 
Table 6 Global Parking Meter Market Size, by Country/Region, 2019-2027  ($Million) 
Table 7 Global Parking Management Handheld Ticket Writes Market Size, by Country/Region, 2019-2027  ($Million) 
Table 8 Global Parking Management Automated Gates Market Size, by Country/Region, 2019-2027  ($Million) 
Table 9 Global Parking Management Security and Surveillance Market Size, by Type 2019-2027  ($Million) 
Table 10 Global Parking Management Security and Surveillance Market Size, by Country/Region, 2019-2027  ($Million) 
Table 11 Global Parking Management Surveillance Camera Market Size, by Country/Region, 2019-2027  ($Million) 
Table 12 Global Parking Management Alarms & Locators Market Size, by Country/Region, 2019-2027  ($Million) 
Table 13 Global Other Devices Market Size for Parking Management, by Country/Region, 2019-2027  ($Million)
Table 14 Global Reservation Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 15 Global Permit Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 16 Global Parking Guidance System Market Size, by Country/Region, 2019-2027  ($Million) 
Table 17 Global Parking Management Market Size, by Services, 2019-2027  ($Million) 
Table 18 Global Parking Management Services Market Size, by Country/Region, 2018-2027  ($Million)
Table 19 Global Parking Management System Integration Services Market Size, by Country/Region, 2019-2027  ($Million) 
Table 20 Global Parking Management Support and Maintenance Services Market Size, by Country/Region, 2019-2027  ($Million) 
Table 21 Global Parking Management System Size, by End User, 2019-2027  ($Million) 
Table 22 Global Parking Management Market Size for Commercial Parking Space, by Type, 2019-2027  ($Million) 
Table 23 Global Parking Management Market Size for Commercial Parking Space, by Country/Region, 2019-2027  ($Million) 
Table 24 Global Parking Management Market Size for Retail, Entertainment, and Leisure, by Country/Region, 2019-2027  ($Million) 
Table 25 Global Parking Management Market Size for Airports, Railway Stations, and Bus Terminals, by Country/Region, 2019-2027  ($Million) 
Table 26 Global Parking Management Market Size for Office Spaces, by Country/Region, 2019-2027  ($Million) 
Table 27 Global Parking Management Market Size for Others, by Country/Region, 2019-2027  ($Million) 
Table 28 Global Residential Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 29 Global Parking Management System Size, by Technology, 2019-2027  ($Million) 
Table 30 Global Image Processing Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 31 Global Reservation Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 32 Global RFID Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 33 Global Visible Light Communication Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 34 Global License Plate Recognition Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million)
Table 35 Global Parking Management Size, by Deployment Type, 2019-2027  ($Million) 
Table 36 Global On Premises Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 37 Global Cloud Based Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 38 Global Parking Management Size, by Parking Site, 2019-2027  ($Million) 
Table 39 Global On-Street Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 40 Global Off-Street Parking Management Market Size, by Country/Region, 2019-2027  ($Million) 
Table 41 Global Parking Management System: Technology Implementation Rate by Region 
Table 42 Global Parking Management Market Size, by Countries/ Region, 2019–2027  ($Million) 
Table 43 North America: Parking Management Market Size, by Country, 2019–2027  ($Million) 
Table 44 North America: Parking Management Market Size, by Component, 2019–2027  ($Million)
Table 45 North America: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 46 North America: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 47 North America: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 48 North America: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 49 North America: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 50 North America: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 51 North America: Parking Management Market Size, by Technology, 2019–2027  ($Million)
Table 52 North America: Parking Management Market Size, by Deployment, 2019–2027  ($Million)
Table 53 North America: Parking Management Market Size, by Parking Site, 2019–2027  ($Million)
Table 54 The U.S.: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 55 The U.S.: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 56 The U.S.: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 57 The U.S.: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 58 The U.S.: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 59 The U.S.: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 60 The U.S.: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 61 The U.S.: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 62 The U.S.: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 63 The U.S.: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 64 Canada: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 65 Canada: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 66 Canada: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 67 Canada: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 68 Canada: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 69 Canada: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 70 Canada: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 71 Canada: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 72 Canada: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 73 Canada: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 74 Europe: Parking Management Market Size, by Countries, 2019–2027  ($Million) 
Table 75 Europe: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 76 Europe: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 77 Europe: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 78 Europe: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 79 Europe: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 80 Europe: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 81 Europe: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 82 Europe: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 83 Europe: Parking Management Market Size, by Deployment, 2019–2027  ($Million)
Table 84 Europe: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 85 Germany: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 86 Germany: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 87 Germany: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 88 Germany: Security & Surveillance Market Size, By Type, 2019–2027  ($Million) 
Table 89 Germany: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 90 Germany: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 91 Germany: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 92 Germany: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 93 Germany: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 94 Germany: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 95 UK: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 96 UK: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 97 UK: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 98 UK: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 99 UK: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 100 UK: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 101 UK: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 102 UK: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 103 UK: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 104 UK: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 105 France: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 106 France: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 107 France: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 108 France: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 109 France: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 110 France: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 111 France: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 112 France: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 113 France: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 114 France: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 115 Italy: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 116 Italy: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 117 Italy: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 118 Italy: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 119 Italy: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 120 Italy: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 121 Italy: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 122 Italy: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 123 Italy: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 124 Italy: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 125 Spain: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 126 Spain: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 127 Spain: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 128 Spain: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 129 Spain: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 130 Spain: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 131 Spain: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 132 Spain: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 133 Spain: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 134 Spain: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 135 Rest of Europe: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 136 Rest of Europe: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 137 Rest of Europe: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 138 Rest of Europe: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 139 Rest of Europe: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 140 Rest of Europe: Parking Management Market Size, by End-User, 2019–2027  ($Million)
Table 141 Rest of Europe: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 142 Rest of Europe: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 143 Rest of Europe: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 144 Rest of Europe: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 145 Asia-Pacific: Parking Management Market Size, by Countries, 2019–2027  ($Million) 
Table 146 Asia-Pacific: Parking Management Market Size, by Component, 2019–2027  ($Million)
Table 147 Asia-Pacific: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 148 Asia-Pacific: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 149 Asia-Pacific: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 150 Asia-Pacific: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 151 Asia-Pacific: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 152 Asia-Pacific: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 153 Asia-Pacific: Parking Management Market Size, by Technology, 2019–2027  ($Million)
Table 154 Asia-Pacific: Parking Management Market Size, by Deployment, 2019–2027  ($Million)
Table 155 Asia-Pacific: Parking Management Market Size, by Parking Site, 2019–2027  ($Million)
Table 156 Japan: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 157 Japan: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 158 Japan: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 159 Japan: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 160 Japan: Services Market Size, b Type, 2019–2027  ($Million) 
Table 161 Japan: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 162 Japan: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 163 Japan: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 164 Japan: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 165 Japan: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 166 China: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 167 China: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 168 China: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 169 China: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 170 China: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 171 China: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 172 China: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 173 China: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 174 China: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 175 China: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 176 South Korea: Parking Management Market Size, by Component, 2019–2027  ($Million)
Table 177 South Korea: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 178 South Korea: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 179 South Korea: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 180 South Korea: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 181 South Korea: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 182 South Korea: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 183 South Korea: Parking Management Market Size, by Technology, 2019–2027  ($Million)
Table 184 South Korea: Parking Management Market Size, by Deployment, 2019–2027  ($Million)
Table 185 South Korea: Parking Management Market Size, by Parking Site, 2019–2027  ($Million)
Table 186 India: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 187 India: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 188 India: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 189 India: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 190 India: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 191 India: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 192 India: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 193 India: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 194 India: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 195 India: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 196 Australia: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 197 Australia: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 198 Australia: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 199 Australia: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 200 Australia: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 201 Australia: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 202 Australia: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 203 Australia: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 204 Australia: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 205 Australia: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 206 RoAPAC: Parking Management Market Size, by Component, 2019–2027  ($Million)
Table 207 RoAPAC: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 208 RoAPAC: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 209 RoAPAC: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 210 RoAPAC: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 211 RoAPAC: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 212 RoAPAC: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 213 RoAPAC: Parking Management Market Size, by Technology, 2019–2027  ($Million) 
Table 214 RoAPAC: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 215 RoAPAC: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 216 Latin America: Parking Management Market Size, by Component, 2019–2027  ($Million)
Table 217 Latin America: Parking Management Solution Market Size, by Type, 2019–2027  ($Million)
Table 218 Latin America: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 219 Latin America: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million) 
Table 220 Latin America: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 221 Latin America: Parking Management Market Size, by End-User, 2019–2027  ($Million)
Table 222 Latin America: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million) 
Table 223 Latin America: Parking Management Market Size, by Technology, 2019–2027  ($Million)
Table 224 Latin America: Parking Management Market Size, by Deployment, 2019–2027  ($Million)
Table 225 Latin America: Parking Management Market Size, by Parking Site, 2019–2027  ($Million)
Table 226 Middle East & Africa: Parking Management Market Size, by Component, 2019–2027  ($Million) 
Table 227 Middle East & Africa: Parking Management Solution Market Size, by Type, 2019–2027  ($Million) 
Table 228 Middle East & Africa: PARC Market Size, by Type, 2019–2027  ($Million) 
Table 229 Middle East & Africa: Parking Management Security & Surveillance Market Size, by Type, 2019–2027  ($Million)
Table 230 Middle East & Africa: Parking Management Services Market Size, by Type, 2019–2027  ($Million) 
Table 231 Middle East & Africa: Parking Management Market Size, by End-User, 2019–2027  ($Million) 
Table 232 Middle East & Africa: Commercial Parking Management Market Size, by Type, 2019–2027  ($Million)
Table 233 Middle East & Africa: Parking Management Market Size, by Technology, 2019–2027  ($Million)
Table 234 Middle East & Africa: Parking Management Market Size, by Deployment, 2019–2027  ($Million) 
Table 235 Middle East & Africa: Parking Management Market Size, by Parking Site, 2019–2027  ($Million) 
Table 236 Recent Developments, by Company, 2016–2019 
Table 237 Market Ranking: Global Parking Management Market, 2019 

List of Figures

Figure 1 Research Process 
Figure 2 Key Secondary Sources 
Figure 3 Primary Research Techniques 
Figure 4 Key Executives Interviewed 
Figure 5 Market Size Estimation 
Figure 6 COVID-19 Impact on Parking Management Market 
Figure 7 Key Insights 
Figure 8 Meticulous Research Estimates: Global Parking Management Market Size, by Component
Figure 9 Meticulous Research Estimates: Global Parking Management Market Size, by End-User 
Figure 10 Meticulous Research Estimates: Global Parking Management Market Size, by Technology
Figure 11 Meticulous Research Estimates: Global Parking Management Market Size, by Deployment Type 
Figure 12 Meticulous Research Estimates: Global Parking Management Market Size, by Parking Site
Figure 13 Geographic Snapshot: Global Parking Management Market 
Figure 14 Market Dynamics
Figure 15 Global Investment in AI in Automotive, Transportation, & Logistics (In $ Billions) 
Figure 16 Advantages of AI in Parking Management 
Figure 17 Major Forms of Car Sharing Model 
Figure 18 Global Smart City Market Size, 2017-2027 ($Million) 
Figure 19 Evolving Technologies in Parking Management 
Figure 20 Value Chain of Parking Management System 
Figure 21 Global Parking Management Market Size, by Component, 2020-2027  ($Million) 
Figure 22 Major Components of PARC 
Figure 23 Functions of Permit Management Software 
Figure 24 Major Objectives of Support & Maintenance in Parking Management 
Figure 25 Global Parking Management Market Size, by End User, 2020-2027  ($Million) 
Figure 26 Benefits of Parking Technology in Commercial Spaces 
Figure 27 Types of Garage in Retail Space
Figure 28 Global Parking Management Market Size, by Technology, 2020-2027  ($Million) 
Figure 29 Benefits of Image Processing Technology 
Figure 30 Advantages of Reservation Based Parking Management System 
Figure 31 Benefits of RFID Based Parking Management System 
Figure 32 Benefits of Visible Light Communication Based Parking Management System 
Figure 33 Benefits of License Plate Recognition Based Parking Management System 
Figure 34 Global Parking Management Market Size, by Deployment Type, 2020-2027  ($Million)
Figure 35 Global Parking Management Market Size, by Parking Site, 2020-2027  ($Million) 
Figure 36 Global Parking Management Market Size, by Region, 2019–2027  ($Million) 
Figure 37 Hours Lost In Latin American Cities Due To Traffic Congestion 
Figure 38 Xerox Corporation: Financial Overview (2016-2018) 
Figure 39 Amano Corporation: Financial Overview (2016-2018) 
Figure 40 IBM: Financial Overview (2017-19) 
Figure 41 Cubic Corporation: Financial Overview (2017-19) 
Figure 42 Siemens AG: Financial Overview (2017-19) 
Figure 43 Unitronics: Financial Overview (2016-18) 
Figure 44 Key Growth Strategies Adopted by Leading Players, 2018-2020 
Figure 45 Global Parking Management Market: Competitive Benchmarking 

COVID-19

This report provides pre & post COVID-19 market estimates

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The parking management market is expected to reach $4.03 billion by 2027, at a CAGR of 7.6% during the forecast period of 2020 to 2027. Rising adoption of AI based services, increasing demand for seamless traffic flow and parking spaces, and initiatives by various national and international organizations to reduce fossil fuel consumption are some of the key factors driving the growth of the parking management market.

Impact of COVID-19 on the Parking Management Systems Market

COVID-19 pandemic has adversely hit economies around the globe resulting in a major slowdown of industrial and non-industrial activities. The effects of this pandemic has been realized in the parking management with a complete halt on new construction activities in high growth countries, worldwide. Majority of the construction projects of critical infrastructure across potential countries such as India, the U.S., China, Spain, and Japan have been put to a standstill. This scenario is expected to have a cascading effect on the market revenue for 2 consecutive years, 2020 and 2021. With new and advanced parking management system projects withheld, the subsequent effect would be prevalent in terms of a sparse revenue generation opportunity.

Another sector which directly governs the revenue for parking management market is the automotive industry. Rising number of automotive vehicles and shrinkage of parking spaces govern the demand for modernized parking infrastructure. However, the automotive industry has been a major impacted sector under the current pandemic. The global automotive sector was already facing a decline in terms of production across major European and American countries since 2019. With COVID-19 effect multiplying in the 1st quarter of 2020, and a sparse demand existing in the global economy, several automotive players have been forced to put a brake on production. For instance, Europe has reported more than 1.2 million in production unit loss due to lockdown with estimated $2.54 billion trade loss. New car registration in Germany, Italy, Spain, the U.K., and France reporting a decline of 11%, 9%, 6%, 3%, and 3% respectively.

Owing to a lackluster performance of the global economy and plummeted growth of automotive and construction industries, the global parking management systems market will be severely impacted in terms of market revenue during 2020 and 2021. This will result in a slowdown of new parking management systems being set up across the globe and the subsequent years will witness a slow to moderate growth in terms of market revenue.

                                 

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Rising adoption of AI based services

The rising adoption of AI based services has resulted in a remarkable growth of parking management market in recent years. This growth is primarily attributed to the increasing use of AI in parking technology for detecting the availability of parking space in a given image using a video feed in real-time. For instance, in 2017, Google Maps for Android added a new feature that crowdsources parking-related location database and applies machine learning to detect the likelihood of finding a parking spot at a particular destination and suggest alternate areas where parking spot can be found near the desired destination.

Further, the use of AI is gaining momentum primarily due to the investment by leading economies to develop the AI based technologies for implementing smart city initiatives. For instance, in 2019, Dubai Road Transport Authority launched AI based parking system at Al Rigga and Dubai World Trade Centre. Around 2,030 sensors and 70 overhead digital cameras will monitor 3,035 parking spaces and provides instant information about free space in parking zones. The users can identify these vacant spaces through parking service on RTA app, or by Variable Message Signs Electronic Boards installed in the area.

Key findings in the global parking management systems market study:

Solutions segment dominates the global parking management market

Based on component, the solutions segment is estimated to command the largest share of the overall parking management market in 2020, supported by the growing need for robust and seamless solutions to improve the parking experience for users and increasing revenue and operational efficiency. In addition, high focus of transport authorities across the world to reduce traffic congestion and encourage daily commuters to use more and more park and ride facilities is further supporting the growth of this market.

On premise deployment to witness the largest demand through 2027

Based on deployment type, the on premise segment is estimated to command the largest share of the overall parking management market in 2020. This is primarily attributed to the speed of access and easier data management process by the on premise servers. In addition, the data stored by on premise servers are highly secured and can be accessed by the parking official only inside the premise.

Reservation based parking management segment is estimated to command the largest share in 2020

Based on technology, reservation based parking management system accounted for the largest share of the overall parking management market, owing to its advantages such as periodic submission of parking status from central servers of the parking lot, allowing users to effectively find and reserve a vacant spot; constant update on physical status of parking; accessibility through smartphone; and dynamic pricings.

Retail, entertainment, and leisure end user segment dominates the overall parking management market

Based on end-user, the retail, entertainment, and leisure segment accounted for the largest share of the overall market. This is primarily attributed to the increasing demand by retail space operators to provide better shopping experience to their customers and attract footfall. Various entertainment and leisure events also demands deployment of parking management systems to enhance the experience of visitors and provide smooth and seamless access.

Off-street parking to witness the largest demand through 2027

Based on parking site, the off-street parking segment is estimated to command the largest share of the overall parking management market in 2020. This is primarily attributed to the rising requirement of parking spaces in CBDs and efforts to reduce congestion levels on street, making parking safe and convenient for both driver and vehicle.

Asia-Pacific: The fastest growing regional market

Europe commanded the largest share of the global parking management market; however, Asia-Pacific region is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the factors such as increasing adoption of automation and advanced technologies across the region, favorable government initiatives for smart cities, and investments by major ICT companies for developing AI and IoT based solutions.

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Key Players

The report includes competitive landscape based on the extensive assessment of the key strategic developments adopted by the leading market participants in the parking management industry over the last 4-5 years. The key players profiled in the global parking management market are Xerox Corporation (U.S.), Amano Corporation (Japan), IBM Corporation (U.S.), Cubic Corporation (U.S.), Robotic Parking Systems, Inc. (U.S.), SWARCO AG (Austria), SKIDATA AG (Austria), SEIMENS AG (Germany), Skyline Parking AG (Switzerland), UNITRONICS (Israel), Flowbird Group (France),  T2 Systems Inc. (U.S.), and Cleverciti Systems GmbH (Germany).

Scope of the Report

Parking Management Market by Component

  • Solutions
    • Parking Access and Revenue Control
      • Parking Meter
      • Handheld Ticket Writers
      • Automated Gates
    • Security & Surveillance
      • Surveillance Cameras
      • Alarms & Locators
      • Others (Lighting & Signage, Intrusion Detection, and Emergency Phones & Intercoms)
    • Reservation Management
    • Permit Management
    • Parking Guidance System
  • Services
    • Consulting
    • System Integration
    • Support & Maintenance

Parking Management Market By Technology                  

  • Image Processing
  • Reservation Based Parking System
  • RFID Parking Management System
  • Visible Light Communication
  • License Plate Recognition

Parking Management Market By End-User                      

  • Commercial
    • Retail, Entertainment, and Leisure
    • Airports, Railway Stations, and Bus Terminals
    • Office Spaces
    • Others (Healthcare, Hospitality, Educational Institutes)
  • Residential

Parking Management Market By Deployment Type                  

  • On-Premise
  • Cloud

Parking Management Market By Parking Site

  • On-Street Parking
  • Off-Street Parking

Parking Management Market By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K
    • France
    • Italy
    • Spain
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
  • Middle East And Africa 

Key questions answered in the report:

Parking management systems are ICT based solutions which deploy IoT and AI for smooth and automated operations of a parking facility.
The global parking management market is projected to reach $4.03 billion by 2027 from $2.41 billion in 2020 at a CAGR of 7.6% during the forecast period.
Based on component, the solutions segment commanded the largest share of the overall parking management market in 2019. However, the services segment is expected to grow with the fastest CAGR during the forecast period.
Based on end-user, the retail, entertainment, & leisure segment is expected to witness rapid growth during the forecast period.
Rising adoption of AI based services, increasing demand for seamless traffic flow and parking spaces, and initiative by various national and international organizations to reduce fossil fuel consumption are some of the major factors driving the growth of the parking management market.
Complex system integration and high initial implementation cost are some of the major restraints in the parking management market.
Increasing adoption of smart city initiatives globally, technological advancements in autonomous cars, and advancements in mobility technology across the world are some of the major opportunities for the parking management market players.
Top players operating in the global parking management market are Xerox, Amano, IBM, Cubic, Robotic Parking Systems, SWARCO AG, SKIDATA AG, SEIMENS AG, Skyline Parking AG, UNITRONICS, Flowbird, T2 Systems Inc., and Cleverciti Systems GmbH.
Some of the high growth countries in the parking management market are Canada, Italy, Spain, France, China, Japan, and India.
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Tags: Internet of Things Parking Management Market Visible Light Communication RFID Parking Management System Reservation Based Parking System License Plate Recognition
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