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The increase in vehicle ownership ratio globally is rendering parking spaces from being scarce to scarcer. This in turn is making the parking authorities starve for resources. Finding a proper parking space has turned out to be a tedious task for the urban vehicle drivers, and it is resulting in traffic clogging. See More: http://tinyurl.com/maa68xz
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JSB Market Research: Parking Management Market (Access Control, Security and Surveillance, Revenue Management, Reservation Management, Valet Management, Enforcement and Permit Management, Guidance and Slot Management) Worldwide Market Forecasts & Analysis (2013 - 2018) To buy this Report Visit http://www.jsbmarketresearch.com n
n Summary: The increase in vehicle ownership ratio globally is rendering parking spaces from being scarce to scarcer. This in turn is making the parking authorities starve for resources. Finding a proper parking space has turned out to be a tedious task for the urban vehicle drivers, and it is resulting in traffic clogging. How to achieve efficient parking site administration providing customer comfort is the question of the moment; and the answer lies in smart ways of parking management.
Report Description: • The innovative License Plate Recognition (LPR) technology is driving the parking management market. LPR-based solutions key feature of being contactless and automatic is enhancing their popularity, as they provide extreme level of comfort to the vehicle drivers. The major LPR-based parking management solutions such as Automatic Vehicle Identification (AVI) and Pay-by-plate are eating up market share of the traditional technologies used in parking access control and revenue management. • The increase in number of vehicles worldwide, with high growth rates in emerging economies like Asia-Pacific and Latin America, are creating business potential for the parking management industry. The holistic idea of smart cities is taking off with significant momentum. There is a prime focus on spending in emerging areas such as smart transportation (AVI). These factors clearly indicate the growth potential of the parking management market in the coming years. To know more about this report click here –http://www.jsbmarketresearch.com/telecommunications/r-Parking-Management-Market-Access-Control-Security-and-Surveillance-Revenue-Management-63704
n Table of Contents: Parking Management Market Worldwide Market Forecasts & Analysis (2013 - 2018) Key Data Points Key Data Points From Secondary Sources Key Data Points From Primary Sources Data Triangulation And Forecasting
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