Parking Management Market Research Report

1. Global Parking Management Market Report – Forecasts to 2026 Parking management refers to the strategies used to park vehicles in an organized and efficient way. It is subjected to electronic monitoring and management systems. Parking management systems are needed in places where there is maximum footfall such as industries, shopping malls, educational institutions, and various other public places. The purpose of the parking management systems is to reduce traffic congestion. Countries in APAC like China, India, and Vietnam have the maximum cities that have the highest traffic congestion. Traffic congestion leads to air pollution and noise pollution respectively. The advantages of a parking management system are to provide real-time parking analysis such as slot count, open slot layout, reserved parking, electronic pay and park systems, and many other applications. According to the report issued by Global Market Estimates Research & Consultants, the Parking Management Market is implied to portray a significant rise of 7.4% during the forecast period (2020-2026). System integration complexity is the primary drawback of the market whereas, demand for optimization of vacant car spaces, increase in motorization, and technological advancements are the drivers emphasizing the global market. Some of the technological advancements include the inclusion of IoT, wireless parking sensors, and e-payments. Additionally, the popularity of smart vehicles is also creating opportunities for the development of the market. Since the COVID-19 pandemic, the global market has been seeing a significant boost due to the inclusion of contactless payment and parking systems. The parking management market is projected to see an explicable endowment in the succeeding years. Browse 177 Market Data Tables and 119Figures spread through 185Pages on "Parking ManagementMarket - Forecasts to 2026" https://www.globalmarketestimates.com/market- report/parking-management-market-2509 By Type of Offering (Solutions [Parking Guidance Solution, Parking Reservation Management, Parking Permit Management, Parking Enforcement Management, Parking Access and Revenue Control (PARC), Parking Security and Surveillance, and Parking Analytics] and Services [Professional and Managed Services]), By Type of Parking Site (Off-street Parking and On-street Parking), By Type of Deployment (Cloud and On-premises), By Type of Region (NA [North America], Europe, APAC [Asia Pacific], MEA [the Middle East & Africa], and CSA [Central & South America]), End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis Key Market Insights: The parking management market will show tremendous growth with a CAGR value of 7.4% during 2020-2026. PARCareseen to dominate themarket from 2020 to 2026. Cloudiswitnessed to rise at a significant rise in CAGR% in theparking management market.

2. Amongst all the regions across the globe, APAC is expected to have the highest growth over the coming years. GROUP Indigo, Amano, Siemens, Bosch Group, Conduent, APCOA PARKING, Precise ParkLink, SWARCO, SKIDATA, T2 Systems, FlashParking, Passport Labs, Flowbird Group, ParkMobile, SpotHero, Get My Parking, INRIX, IPS Group, Smart Parking, Chetu, TIBA Parking Systems, Q-Free, Streetline, ParkOffice, Urbiotica, and CivicSmart, and other industries are the dominant players in the global parking management market. Browse https://www.globalmarketestimates.com/market-report/parking-management-market-2509 the parking management market report @ Type of OfferingOutlook (Revenue, USD Million, 2020 - 2026) Solutions Parking Guidance Solution Parking Reservation Management Parking Permit Management Parking Enforcement Management Parking Access and Revenue Control (PARC)  Parking Security and Surveillance Parking Analytics Services Professional Service Managed Service Type of Parking Site Outlook (Revenue, USD Million, 2020 - 2026) Off-street Parking On-street Parking Type of Deployment Outlook (Revenue, USD Million, 2020 - 2026) Cloud On-premises Regional Outlook (Revenue, USD Million, 2020 - 2026) North America The U.S. Canada Mexico Europe Germany UK

3. France Spain Italy Rest of Europe Asia Pacific China India Japan South Korea Australia Rest of APAC Central & South America Brazil Argentina Chile Rest of CSA Middle East & Africa Saudi Arabia South Africa UAE Rest of MEA Contact: Yash Jain Email address: sales@globalmarketestimates.com Phone Number: +16026667238 Website: https://www.globalmarketestimates.com/ Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php