April 22, 2024
ICT

Parking Management Market Size to Grow US$ 12.91 Billion By 2032

The global parking management market size was approximate at US$ 5.38 billion in 2022 and is anticipated to grow US$ 12.91 billion by 2032, registering a compound annual growth rate of 9.15% from 2023 to 2032.

Parking Management Market Size 2023 To 2032 - Precedence Statistics

The parking management market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the parking management market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2032.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2023 g0066ztr to 2032. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the parking management report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the parking management market have been studied and analysed across many developments.

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Parking Management Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 5.87 Billion
Market Size by 2032 USD 12.91 Billion
Growth Rate from 2023 to 2032 CAGR of 9.15%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Solution, By Service, By Deployment Type, By Parking Site, By Off-Street Parking and By Application

Also read: US Post-Acute Care (PAC) Market Size to Grow US$ 696.55 Billion By 2032

Research Approach

The comprehensive report on the global parking management market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global parking management market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • 3M Company
  • Amano Corporation
  • Cubic Corporation
  • FlashParking Inc. (Arrive Mobility Inc.)
  • Infocomm Group LLC
  • International Business Machines Corporation
  • Passport Labs Inc.
  • Q-Free ASA
  • Robert Bosch GmbH
  • SAP SE
  • Siemens AG
  • Ta2 Systems Inc. (Verra Mobility)

Parking Management Market Segmentations

By Solution

  • Access Control
  • Security & Surveillance
  • Revenue Management
  • Parking Reservation Management
  • Valet Parking Management
  • Others

By Service

  • Consulting Services
  • System Integration and Deployment
  • Support and Maintenance

By Deployment Type

  • On-premise
  • Cloud

By Parking Site 

  • On-Street
  • Off-Street

By Off-Street Parking 

  • Garage Parking
  • Lot Parking

By Application Insights

  • Transport Transit
  • Commercial
  • Government

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Parking Management Market 

5.1. COVID-19 Landscape: Parking Management Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Parking Management Market, By Solution

8.1. Parking Management Market, by Solution, 2023-2032

8.1.1. Access Control

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Security & Surveillance

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Revenue Management

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Parking Reservation Management

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Valet Parking Management

8.1.6.1. Market Revenue and Forecast (2020-2032)

8.1.6. Others

8.1.5.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Parking Management Market, By Service

9.1. Parking Management Market, by Service, 2023-2032

9.1.1. Consulting Services

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. System Integration and Deployment

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Support and Maintenance

9.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Parking Management Market, By Deployment Type

10.1. Parking Management Market, by Deployment Type, 2023-2032

10.1.1. On-premise

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Cloud

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Parking Management Market, By Parking Site

11.1. Parking Management Market, by Parking Site, 2023-2032

11.1.1. On-Street

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Off-Street

11.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Parking Management Market, By Off-Street Parking

12.1. Parking Management Market, by Off-Street Parking, 2023-2032

12.1.1. Garage Parking

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Lot Parking

Chapter 13. Global Parking Management Market, By Application Insights

13.1. Parking Management Market, by Application Insights, 2023-2032

13.1.1. Transport Transit

13.1.1.1. Market Revenue and Forecast (2020-2032)

13.1.2. Commercial

13.1.2.1. Market Revenue and Forecast (2020-2032)

13.1.3. Government

13.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 14. Global Parking Management Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Solution (2020-2032)

14.1.2. Market Revenue and Forecast, by Service (2020-2032)

14.1.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.1.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.1.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.1.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Solution (2020-2032)

14.1.7.2. Market Revenue and Forecast, by Service (2020-2032)

14.1.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.1.7.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.1.8. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.1.8.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Solution (2020-2032)

14.1.9.2. Market Revenue and Forecast, by Service (2020-2032)

14.1.9.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.1.9.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.1.10. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.1.11. Market Revenue and Forecast, by Application Insights (2020-2032)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Solution (2020-2032)

14.2.2. Market Revenue and Forecast, by Service (2020-2032)

14.2.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.2.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.2.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.2.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Solution (2020-2032)

14.2.8.2. Market Revenue and Forecast, by Service (2020-2032)

14.2.8.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.2.9. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.2.10. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.2.10.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Solution (2020-2032)

14.2.11.2. Market Revenue and Forecast, by Service (2020-2032)

14.2.11.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.2.12. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.2.13. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.2.14. Market Revenue and Forecast, by Application Insights (2020-2032)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Solution (2020-2032)

14.2.15.2. Market Revenue and Forecast, by Service (2020-2032)

14.2.15.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.2.15.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.2.16. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.2.16.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Solution (2020-2032)

14.2.17.2. Market Revenue and Forecast, by Service (2020-2032)

14.2.17.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.2.17.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.2.18. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.2.18.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Solution (2020-2032)

14.3.2. Market Revenue and Forecast, by Service (2020-2032)

14.3.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.3.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.3.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.3.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Solution (2020-2032)

14.3.7.2. Market Revenue and Forecast, by Service (2020-2032)

14.3.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.3.7.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.3.8. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.3.9. Market Revenue and Forecast, by Application Insights (2020-2032)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Solution (2020-2032)

14.3.10.2. Market Revenue and Forecast, by Service (2020-2032)

14.3.10.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.3.10.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.3.11. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.3.11.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Solution (2020-2032)

14.3.12.2. Market Revenue and Forecast, by Service (2020-2032)

14.3.12.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.3.12.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.3.12.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.3.12.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Solution (2020-2032)

14.3.13.2. Market Revenue and Forecast, by Service (2020-2032)

14.3.13.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.3.13.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.3.13.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.3.13.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Solution (2020-2032)

14.4.2. Market Revenue and Forecast, by Service (2020-2032)

14.4.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.4.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.4.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.4.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Solution (2020-2032)

14.4.7.2. Market Revenue and Forecast, by Service (2020-2032)

14.4.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.4.7.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.4.8. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.4.9. Market Revenue and Forecast, by Application Insights (2020-2032)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Solution (2020-2032)

14.4.10.2. Market Revenue and Forecast, by Service (2020-2032)

14.4.10.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.4.10.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.4.11. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.4.12. Market Revenue and Forecast, by Application Insights (2020-2032)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Solution (2020-2032)

14.4.13.2. Market Revenue and Forecast, by Service (2020-2032)

14.4.13.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.4.13.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.4.13.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.4.13.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Solution (2020-2032)

14.4.14.2. Market Revenue and Forecast, by Service (2020-2032)

14.4.14.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.4.14.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.4.14.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.4.14.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Solution (2020-2032)

14.5.2. Market Revenue and Forecast, by Service (2020-2032)

14.5.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.5.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.5.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.5.6. Market Revenue and Forecast, by Application Insights (2020-2032)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Solution (2020-2032)

14.5.7.2. Market Revenue and Forecast, by Service (2020-2032)

14.5.7.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.5.7.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.5.8. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.5.8.1. Market Revenue and Forecast, by Application Insights (2020-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Solution (2020-2032)

14.5.9.2. Market Revenue and Forecast, by Service (2020-2032)

14.5.9.3. Market Revenue and Forecast, by Deployment Type (2020-2032)

14.5.9.4. Market Revenue and Forecast, by Parking Site  (2020-2032)

14.5.9.5. Market Revenue and Forecast, by Off-Street Parking  (2020-2032)

14.5.9.6. Market Revenue and Forecast, by Application Insights (2020-2032)

Chapter 15. Company Profiles

15.1. 3M Company

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Amano Corporation

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Cubic Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. FlashParking Inc. (Arrive Mobility Inc.)

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Infocomm Group LLC

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. International Business Machines Corporation

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Passport Labs Inc.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Q-Free ASA

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Robert Bosch GmbH

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. SAP SE

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global parking management market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for parking management are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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