[237 Pages Report] To analyze micro markets with respect to the individual growth trends, prospects, and contributions to the overall parking management market

1. Parking Management Market worth $5.4 billion by 20
25

2. Scope of The Report
The research report categorizes the Parking Management Market
to forecast the revenues and analyse the trends in each of the following subsegments:
And More…
By Type
• Solutions
o Parking Guidance Solution
o Parking Reservation Management
o Parking Permit Management
o Parking Enforcement Management
o Parking Access and Revenue Control
o Parking Security and Surveillance
o Parking Analytics
• Services
o Professional services
o Managed Service
By Parking Site
• Off-street Parking
• On-street Parking
By Deployment Type
• On-premises
• Cloud

3. Key Segments
All authorities worldwide are working toward improving traffic congestion b
y providing sufficient parking spaces to their citizens.
Based on offering, the solutions segment of the parking management market
is projected to hold a larger market size during the forecast period.
Parking management solutions help in increasing the overall revenue by opti
mizing vacant parking spaces. Simultaneously, they play a crucial role in redu
cing the overall Operational Expenditure (OPEX) and Capital Expenditure (C
APEX).
1
2
3
4
5 Off-street parking refers to parking facilities that are made available by parking operat
ors in various areas, such as parking lots, garages, or private driveways in shopping m
alls, commercial buildings, hotels, and residential buildings.
The global parking management market size is expected to grow from $3.8 billion in 202
0 to $5.4 billion by 2025, at a CAGR of 7.4% during the forecast period.

4. Market Growth Rate
2020 2025
Market Size of
$3.8 billion
Market Size of
$5.4billion7.4%
CAGR

5. Key Vendors
• GROUP Indigo (France)
• Amano (Japan)
• Siemens (Germany)
• Bosch Group (Germany)
• Conduent (US)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/
parking-management-market-1249.html

6. • In July 2020, Flowbird Group launched Park and Sanitize, a contactless hydro-alcoholic gel dispenser attached to the Fl
owbird parking and transport ticketing terminals, to help safeguard potentially millions of motorists and transport passeng
ers for combating the risks associated with the spread of the COVID-19.
• In July 2020, GROUP Indigo extended its European presence by opening a subsidiary in Poland.
• In May 2020, APCOA PARKING entered into a strategic technology and commercial partnership with HERE Technologie
s, one of the leading location data and technology platform providers, to develop and commercialize digital parking servi
ces and HD indoor maps of parking facilities in Europe.
• In April 2020, SWARCO has made available a parking application named PARCO, for German citizens. PARCO has par
king information of more than 1,200 cities in Germany, Austria, and Switzerland and is planning to expand its operations.
• In January 2020, APCOA PARKING Sweden AB acquired the Swedish parking operator XPERT Parkering. This operator
managed around 40,000 parking spaces with a geographical focus on the Skåne region in southern Sweden.
Recent Developments:

7. Major Regions
• North America
• Europe
• APAC
• MEA
• Latin America
 North America is expected to hold the
largest market share.
 Asia Pacific (APAC) is expected to prov
ide opportunities for debt collection soft
ware providers and grow at the highest
CAGR

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