March 29, 2024

Parking Management Market Size To Cross USD 12.91 Bn By 2032

The global parking management market size accounted for US$ 5.38 Bn in 2022 and is projected to reach around USD 12.91 Bn by 2032, growing at a CAGR of 9.15% from 2023 to 2032.

Parking Management Market Size 2023 To 2032 - Precedence Statistics

Report Summary

The global parking management market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the parking management market across the globe.

A comprehensive estimate on the parking management market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of parking management during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Parking Management Market Report Scope 

Report CoverageDetails
Market Size in 2023USD 5.87 Billion
Market Size by 2032USD 12.91 Billion
Growth Rate from 2023 to 2032CAGR of 9.15%
Largest MarketNorth America
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Solution, By Service, By Deployment Type, By Parking Site, By Off-Street Parking and By Application

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized parking management market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read:  US Post-Acute Care (PAC) Market Size Analysis 2023 To 2032

Parking Management Market Players

The report includes the profiles of key parking management market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • 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)

Market Segmentation

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

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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