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Parking Management Systems Market Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast

The significant increase in the demand for luxury passenger cars coupled with significant growth in sale of motor vehicles across the world boosts the growth of parking management systems market during the forecast period. Additionally, the increasing need to improve road safety, and streamline traffic flow in populated urban areas supports the market growth.

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Parking Management Systems Market Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast

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  1. Parking Management Systems Market Market Size Worth $9,786 Million By 2026 | CAGR: 9.1%

  2. Parking Management Systems Market Size Worth $9,786 Million By 2026 “According to Polaris Market Research report, Parking Management Systems is one of the rapidly evolving industry and the global Parking Management Systems Market is estimated to reach $9,786 Million By 2026 registering a healthy CAGR of 9.1% over the forecast period 2018 to 2026” The global Parking Management Systems Market is driven by certain key factors such as technological innovation in the Parking Management Systems industry, favorable regulatory scenario encouraging market players to develop new products, and efforts by manufacturers to boost the adoption of their offerings. Additionally, industry players are working on business expansion to target untapped markets and managing to deliver their products & services worldwide to augment their revenues. Parking Management Systems Market Report Scope: The research report covers the segmentation of the Parking Management Systems Market based on Component, Deployment, Parking Site, Solution, and region. Analysis of each of the segments projects the snapshot of the market over the forecast years includes the inclination of the market revenue, prevailing patterns, and emerging trends. Increasing consumer awareness regarding products coupled with a rise in disposable income is projected to propel the growth of theParking Management Systems Market over the forecast period. - 2 -

  3. Parking Management Systems Market Size Worth $9,786 Million By 2026 By Component By Deployment by Parking Site by Solution By Region •Off Street Parking •On Street Parking •Parking Reservation •Parking Guidance •Parking Analytics •Access Control •Revenue Management •Security and Surveillance •Others •North America (U.S., Canada) • Hardware On-Premise •Software •Services Cloud •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea) •Latin America (Brazil, Mexico, Argentina) •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) Browse Detailed Research Report On Parking Management Systems Market Analysis: https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market Regional Outlook North America is anticipated to witness a significant growth rate with major revenue contribution in the Parking Management Systems Market during the forecast period. Major factors influencing the regional market growth include improved infrastructural facilities, positive government initiatives, and the presence of established market players. The Parking Management Systems Market in the Asia Pacific region is projected to grow at a substantial rate over the forecast period. The regional growth is attributed to increasing investments by leading companies to bring innovation in Parking Management Systems industry and attract a large consumer base from leading economies such as India and China. Gain access to our latest research report that includes a detailed analysis of the COVID-19 pandemic influencing the Parking Management Systems market and how market players devising effective strategies to mitigate the effect of the pandemic: https://www.polarismarketresearch.com/industry- analysis/parking-management-systems-market/speak-to-analyst - 3 -

  4. Parking Management Systems Market Size Worth $9,786 Million By 2026 Competitive Landscape According to Polaris Market Research, the key players with a considerable market share in the Parking Management Systems Market include (Skyline Parking AG, Siemens AG, T2 Systems, IBM Corporation, Swarco Corporation, Kapsch TrafficCom, Skidata, Passport Inc., SAP, and Indigo Park Services among others). Companies are focusing on R&D activities and strategic collaborations to improve their product portfolio and increase consumer base. Adoption of the latest technologies and product advancement is the key strategy adopted by leading market players. Request for sample: https://www.polarismarketresearch.com/industry-analysis/parking-management- systems-market/request-for-sample Table of Contents 1.Overview and Scope 1.1.Research goal & scope 1.2.Research assumptions 1.3.Research Methodology 1.3.1.Primary data sources 1.3.2.Secondary data sources 1.4.Key take-away 1.5.Stakeholders 2.Executive Summary 2.1.Market Definition 2.2.Market Segmentation 3.Parking Management Systems Market Insights 3.1.Parking Management Systems – Industry snapshot 3.2.Parking Management Systems - Ecosystem analysis 3.3.Parking Management Systems Market Dynamics 3.3.1.Parking Management Systems – Market Forces 3.3.1.1. Parking Management Systems Market Driver Analysis 3.3.1.2. Parking Management Systems Market Restraint/Challenges analysis 3.3.1.3. Parking Management Systems Market Opportunity Analysis 3.4.Industry analysis - Porter's five force 3.4.1.Bargaining power of supplier 3.4.2.Bargaining power of buyer 3.4.3.Threat of substitute 3.4.4.Threat of new entrant 3.4.5.Degree of competition 3.5.Parking Management Systems Market PEST Analysis, 2016 3.6.Parking Management Systems Market Value Chain Analysis 3.7.Parking Management Systems Industry Trends 3.8.Competitive Ranking Analysis 4.Parking Management Systems Market Size and Forecast by Component, 2018-2026 - 4 -

  5. Parking Management Systems Market Size Worth $9,786 Million By 2026 4.1.Key Findings 4.2.Hardware 4.3.Software 4.4.Services 5.Parking Management Systems Market Size and Forecast by Deployment, 2018-2026 5.1.Key Findings 5.2.On-Premise 5.3.Cloud 6.Parking Management Systems Market Size and Forecast by Parking Site, 2018-2026 6.1.Key Findings 6.2.Off Street Parking 6.3.On Street Parking 7.Parking Management Systems Market Size and Forecast by Solution, 2018-2026 7.1.Key Findings 7.2.Parking Reservation 7.3.Parking Guidance 7.4.Parking Analytics 7.5.Access Control 7.6.Revenue Management 7.7.Security and Surveillance 7.8.Others 8.Parking Management Systems Market Size and Forecast by Region, 2018-2026 8.1.Key Findings 8.2.North America 8.2.1.US. 8.2.2.Canada 8.2.3.Mexico 8.3.Europe 8.3.1.Germany 8.3.2.UK 8.3.3.France 8.3.4.Italy 8.3.5.Rest of Europe 8.4.Asia-Pacific 8.4.1.China 8.4.2.India 8.4.3.Japan 8.4.4.Rest of Asia-Pacific 8.5.Latin America 8.5.1.Brazil 8.5.2.Middle East & Africa 9.Company Profiles 9.1.Skyline Parking AG 9.1.1.Overview 9.1.2.Financials 9.1.3.Product Benchmarking 9.1.4.Recent Developments 9.2.Siemens AG - 5 -

  6. Parking Management Systems Market Size Worth $9,786 Million By 2026 9.2.1.Overview 9.2.2.Financials 9.2.3.Product Benchmarking 9.2.4.Recent Developments 9.3.T2 Systems 9.3.1.Overview 9.3.2.Financials 9.3.3.Product Benchmarking 9.3.4.Recent Developments 9.4.IBM Corporation 9.4.1.Overview 9.4.2.Financials 9.4.3.Product Benchmarking 9.4.4.Recent Developments 9.5.Swarco Corporation 9.5.1.Overview 9.5.2.Financials 9.5.3.Product Benchmarking 9.5.4.Recent Developments 9.6.Kapsch TrafficCom 9.6.1.Overview 9.6.2.Financials 9.6.3.Product Benchmarking 9.6.4.Recent Developments 9.7.Skidata 9.7.1.Overview 9.7.2.Financials 9.7.3.Product Benchmarking 9.7.4.Recent Developments 9.8.Passport Inc. 9.8.1.Overview 9.8.2.Financials 9.8.3.Product Benchmarking 9.8.4.Recent Developments 9.9.SAP 9.9.1.Overview 9.9.2.Financials 9.9.3.Product Benchmarking 9.9.4.Recent Developments 9.10. Indigo Park Services 9.10.1.Overview 9.10.2.Financials 9.10.3.Product Benchmarking 9.10.4.Recent Developments Access Press Release on Parking Management Systems Market: https://www.polarismarketresearch.com/press-releases/parking-management-systems-market - 6 -

  7. Parking Management Systems Market Size Worth $9,786 Million By 2026 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 7 -

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