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PUBLISHER: The Business Research Company | PRODUCT CODE: 1124120

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PUBLISHER: The Business Research Company | PRODUCT CODE: 1124120

Parking Management Global Market Report 2022

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Parking Management Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global parking management market.

This report focuses on parking management market which is experiencing strong growth. The report gives a guide to the parking management market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the parking management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Parking Management market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider parking management market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The parking management market section of the report gives context. It compares the parking management market with other segments of the parking management market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, parking management indicators comparison.

Scope

Markets Covered: 1) By Solution Outlook: Access Control; Security & Surveillance; Revenue Management; Parking Reservation Management; Valet Parking Management; Others

2) By Parking Site: On Street; Off Street

3) By Application: Transport Transit; Commercial; Government

Companies Mentioned: Amano corporation; FlashParking; Inrix Inc.; ParkMobile LLC; Passport Labs Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the parking management market are Amano corporation, FlashParking, Inrix Inc, ParkMobile LLC, Passport Labs Inc, Q-Free ASA, Siemens AG, Streetline Inc, T2 Systems Inc, Tiba Parking LLC, IBM Corporation, APCOA Parking Ltd, Robert Bosch GmbH, IPS Group Inc, Smart Parking Ltd, SKIDATA AG, and Cleverciti Systems GmbH.

The global parking management market is expected to grow from $3.12 billion in 2021 to $3.34 billion in 2022 at a compound annual growth rate (CAGR) of 7.34%. The parking management market is expected to grow to $5.10 billion in 2026 at a compound annual growth rate (CAGR) of 11.12%.

The parking management market consists of sales of parking management by entities (organizations, sole traders, partnerships) that refer to solution and service systems focused on managing and usage parking sources effectively and efficiently. The system provides information about vacant parking spaces in the area and helps reduce traffic congestion caused by illegal parking. A parking management system provides simple parking tactics to the authorities to meet the requirements of controlled parking and aids in the reduction of long-waiting time and costs by advanced technologies.

The main type of parking sites in parking management is on-street and off-street. On-street parking management refers to a parking management solution for an on-street parking site focused on the parking spaces within a designated area on the street. The main parking management solutions include access control, security management, revenue management, parking reservation management, valet parking management, and others. These parking management solutions are widely used by transport transit, commercial, and government entities.

North America was the largest region in the parking management market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the parking management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The parking management market research report is one of a series of new reports from The Business Research Company that provides parking management market statistics, including parking management industry global market size, regional shares, competitors with a parking management market share, detailed parking management market segments, market trends and opportunities, and any further data you may need to thrive in the parking management industry. This parking management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The increasing demand for optimal parking space utilization across the globe is driving the growth of the parking management market. In the current era, an increase in vehicles results in the mismanagement of parking spaces across the globe. The authorities operating parking spaces are increasingly investing in advanced parking management solutions for optimal business performance and error-free operations. For instance, In February 2019, according to a study published by the City Administrative Officer of Los Angeles for Reseda Parking, it was reported that the expected net future demand for the non-residential parking supply is projected to increase from 5,516 spaces to 5,646 spaces. Therefore, the growing demand for optimum utilization of parking spaces is expected to boost demand for parking management systems during the forecast period.

The growing automation of services is a key trend that is gaining popularity in the parking management market. Automated services help to solve parking-space conundrums while reducing the land use for parking and maximizing space usage efficiency without a human intervention system navigating the parking space and parking the vehicle. For instance, In June 2020, TATA ELXSI, an Indian-based provider of design and technology services across automotive, broadcast, communications, healthcare, and transportation developed two smart auto-parking solutions named Park By Memory and Parking Slot Detection, which help drivers save time and make hassle-free parking with the help of machine learning, automation, and data collection.

In July 2019, Sumitomo Corporation, a Japan-based general trading company, acquired an equity stake in Yellow Line Parking Limited (trading as Appyparking) for an undisclosed amount. The Sumitomo Corporation Group already manages parking operations in Nordic nations and carries out Smart City initiatives in Japan and Asia. With this acquisition, Sumitomo corporation increases the sophistication of these current enterprises by working with AppyParking. Yellow Line Parking Limited (Appyparking) is a UK-based provider of parking apps, software, and services that shows on-street and off-street parking options.

The countries covered in the parking management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Product Code: h2361

Table of Contents

1. Executive Summary

2. Parking Management Market Characteristics

3. Parking Management Market Trends And Strategies

4. Impact Of COVID-19 On Parking Management

5. Parking Management Market Size And Growth

  • 5.1. Global Parking Management Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Parking Management Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Parking Management Market Segmentation

  • 6.1. Global Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Access Control
  • Security & Surveillance
  • Revenue Management
  • Parking Reservation Management
  • Valet Parking Management
  • Others
  • 6.2. Global Parking Management Market, Segmentation By Parking Site, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • On Street
  • Off Street
  • 6.3. Global Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Transport Transit
  • Commercial
  • Government

7. Parking Management Market Regional And Country Analysis

  • 7.1. Global Parking Management Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Parking Management Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Parking Management Market

  • 8.1. Asia-Pacific Parking Management Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Parking Management Market

  • 9.1. China Parking Management Market Overview
  • 9.2. China Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Parking Management Market

  • 10.1. India Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Parking Management Market

  • 11.1. Japan Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Parking Management Market

  • 12.1. Australia Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Parking Management Market

  • 13.1. Indonesia Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Parking Management Market

  • 14.1. South Korea Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Parking Management Market

  • 15.1. Western Europe Parking Management Market Overview
  • 15.2. Western Europe Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Parking Management Market

  • 16.1. UK Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Parking Management Market

  • 17.1. Germany Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Parking Management Market

  • 18.1. France Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Parking Management Market

  • 19.1. Eastern Europe Parking Management Market Overview
  • 19.2. Eastern Europe Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Parking Management Market

  • 20.1. Russia Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Parking Management Market

  • 21.1. North America Parking Management Market Overview
  • 21.2. North America Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Parking Management Market

  • 22.1. USA Parking Management Market Overview
  • 22.2. USA Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Parking Management Market

  • 23.1. South America Parking Management Market Overview
  • 23.2. South America Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Parking Management Market

  • 24.1. Brazil Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Parking Management Market

  • 25.1. Middle East Parking Management Market Overview
  • 25.2. Middle East Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Parking Management Market

  • 26.1. Africa Parking Management Market Overview
  • 26.2. Africa Parking Management Market, Segmentation By Solution Outlook, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Parking Management Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Parking Management Market Competitive Landscape And Company Profiles

  • 27.1. Parking Management Market Competitive Landscape
  • 27.2. Parking Management Market Company Profiles
    • 27.2.1. Amano corporation
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. FlashParking
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Inrix Inc
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. ParkMobile LLC
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Passport Labs Inc
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Parking Management Market

29. Parking Management Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer
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