Date : Jan 2021

Report-ID : 22

Category : Semiconductor & Electronics


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The Global Parking Management Solutions Market expected to reach Global Parking Management Solutions Competitive Analysis
Amano
Kapsch TrafficCom
Siemens
SKIDATA
Swarco
Q-Free
Inrix
Flashparking
Parkmobile
Tiba Parking
Urbiotica
7.2 billion by 2026, at a CAGR of over 10% during the figure time frame. Factors, for example, expanded ventures for keen urban areas all around and expanding requirement for ideal usage of parking spots will additionally bring about twofold digit development in worldwide stopping the executives arrangements advertise over the figure time frame. Source: Secondary Databases, Primary Interviews and 99-Reports AnalysisMarket Overview Leaving the executives frameworks contain voyager data frameworks, ongoing vehicle checking, constant leaving direction show, video reconnaissance, and simple installment alternatives. Some propelled stopping the executives frameworks enable clients to hold and pay for a parking spot by means of phone or the web. Parking has become a significant issue of worry in urban territories. With the constant ascent number of vehicles out and about, there are insufficient parking spaces accessible. In this manner, savvy leaving arrangements are developing in ubiquity as it helps in lessening traffic blockage brought about via autos scanning for parking spaces. The report covers all the significant patterns and drivers assuming a fundamental job in the development of the worldwide Parking Management Solutions Market. The worldwide Parking Management Solutions Market has been divided dependent on locale, item, and type.Market Dynamics The worldwide Parking Management Solutions Market increment is for the most part pushed by method for rising stopping issues and issues, explicitly in urban zones. In developing economies, household movement is driving the cross from country to city living. Pretty much every individual wishes to live in urban areas, which are currently not ceaselessly reasonable arranged and created to suit the a large number of new occupants. Globalization has pushed these urban areas into recently acknowledged fiscal center points. For example, practically 31% of India's present populace lives in urban territories. India's city development is to a great extent focused in enormous urban areas with a populace of at least 100,000, the wide assortment of urban communities with a populace surpassing 1 million has improved from 35 of every 2001 to 53 out of 2011, representing 43% of India's city populace, and is anticipated to be 87% by 2030. According to the International Energy Agency (IEA), through 2050, India will require an expected 10,000 to 20,000 rectangular kilometers of surface stopping region, an area equivalent to 35 occurrences the element of the town of Mumbai or essentially somewhat littler than complete territory of California. Additionally, there has been a fast upward jar in the amount of vehicles, which has escalated the issue related to the shortage of parking spot. Accordingly, the prerequisite of cunning and productive stopping gadget is creating and will be the most significant issue utilizing the world stopping organization choices advertises over the estimate time frame.
Global Parking Management Solutions Key Segment -
Based on the product
Revenue management
Security and surveillance
Access control
Reservation management
Others.
Based on type
Off-street parking
On-street parking
In 2018, revenue management segment accounted for the majority share in the global market owing to its application in maximizing the profit by optimizing the space and business demand. In 2018, Avinor partnered with IDeaS Revenue Solutions to optimize revenue growth for its 11 car parks and more than 20,000 parking spaces at Oslo Airport. This strategy will create a better experience for the growing number of travellers, and customers will receive more dynamic pricing on Avinorís pre-book solution, with prices regulated based on actual demand. In 2018, On-street parking solutions segment dominated the global market. The rapid adoption of on-street parking management by the government authorities across the world, allowing government authorities to legitimately generate revenues through public properties is further expected to drive the growth of the on-street parking solutions segment over the forecast period.Global Parking Management Solutions Geographical Analysis By geography, the global Parking Management Solutions Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA). In 2018, North America accounted for the majority share in the market. In 2017, according to the INRIX, it was estimated that U.S. population spends approximate 17 hours in a year searching for parking spots, which is means an estimated USGlobal Parking Management Solutions Competitive Analysis
Amano
Kapsch TrafficCom
Siemens
SKIDATA
Swarco
Q-Free
Inrix
Flashparking
Parkmobile
Tiba Parking
Urbiotica
345 per driver in wasted time, fuel, and emissions. These stats are the indicators of continued stress on the parking management to efficiently and effectively manage the parking spaces. Furthermore, quick infrastructural development in the region will play a pivotal role in the growth of the global Parking Management Solutions market. For instance, In Mexico, the government plans to open SEZ across the country to promote economic growth in the region, which will further increase the demand for Parking Management Solutions.APAC expected to post higher CAGR over the forecast period. The growth in the market is mainly due to rapid urbanization, highly flourishing residential and commercial building sectors, and growing middle-class population and spending power coupled with rising awareness for Parking Management Solutions, which leads to the increasing demand for technology in the region. For instance, in 2019, Beijing Capital International Airport tested Chinaís first intelligent robotic parking system. The system includes 132 parking spaces and eight robots. It will be a relief for drivers with poor parking skills or who are struggling to quickly find a parking space.Global Parking Management Solutions Competitive Analysis Global Parking Management Solutions Market is moderately fragmented with the presence of global and regional players in the market. The market players in the Parking Management Solutions Market are focusing on expanding through strategic interventions, such as acquisitions, and collaborations in the Parking Management Solutions Market. Global Parking Management Solutions Competitive Analysis
Amano
Kapsch TrafficCom
Siemens
SKIDATA
Swarco
Q-Free
Inrix
Flashparking
Parkmobile
Tiba Parking
Urbiotica
In 2018, Conduent Incorporated announced it has entered into a binding agreement to sell its off-street parking business, including the Conduent Multipark System in France and the U.K., along with its U.S. airport parking business, to Andera Partners, an investment firm in France.

TABLE OF CONTENT
1. Introduction
1.1. Market Definition
1.2. Purpose of the Report
1.3. Currency
1.4. Limitations
1.5. Stakeholders

2. Research Methodology
2.1. Research Scope
2.2. Market Segmentation
2.3. Research Approach
2.3.1. Top-Down Approach
2.3.2. Bottom-Up Approach
2.4. Primary Research
2.5. Secondary Research
2.6. Assumptions

3. Executive Summary
3.1. Global Market Snapshot, by Geography
3.2. Parking Management Solutions Market, by End User
3.3. Parking Management Solutions Market, by End User
3.4. Parking Management Solutions Market, by Industry Vertical
3.5. Competitive Landscape

4. Market Overview
4.1. Market Dynamics
4.1.1. Driving Forces
4.1.1.1. Commercial adoption of digitalization
4.1.1.2. High adoption of cloud services by banking sector
4.1.1.3. Growing advancement in digital technology
4.1.1.4. Driver 4
4.1.2. Restraining Factors
4.1.2.1. Increasing risk of Cyber threats
4.1.2.2. Privacy Concerns
4.1.2.3. Restraint 3
4.1.3. Opportunity Matrix
4.1.3.1. Opportunity 1
4.1.3.2. Opportunity 2
4.1.4. Challenges
4.1.4.1. Challenge 1
4.1.4.2. Challenge 2

5. Industry Insights
5.1. Porter's Five Forces Analysis
5.1.1. Bargaining power of supplier
5.1.2. Bargaining power of buyer
5.1.3. Threat of substitute
5.1.4. Threat of new entrant
5.1.5. Degree of competition
5.2. PEST Analysis
5.3. Value Chain Analysis
5.4. Industry Trends
5.5. Parking Management Solutions Market, by Product Type
5.5.1. Revenue management,
5.5.2. Security and surveillance,
5.5.3. Access control,
5.5.4. Reservation management,
5.5.5. Others
5.6. Parking Management Solutions Market Based on Application

5.6.1. Off-street parking
5.6.2. On-street parking

5.7. Parking Management Solutions Market, by Region
5.7.1. North America
5.7.2. U.S.
5.7.3. Canada
5.8. Europe
5.8.1. Germany
5.8.2. UK
5.8.3. France
5.8.4. Rest of Europe
5.9. Asia-Pacific
5.9.1. China
5.9.2. Japan
5.9.3. India
5.9.4. Rest of APAC
5.10. LAMEA
5.10.1. Latin America
5.10.2. Middle East
5.10.3. Africa

6. Competitive Landscape
6.1. Key Players Analysis
6.2. Strategic Analysis
6.2.1. New Product Developments
6.2.2. Mergers & Acquisitions
6.2.3. Portfolio/Production Capacity Expansions
6.2.4. Geographic Expansions
6.2.5. Joint Ventures, Collaborations, Partnerships & Agreements
6.2.6. Others
7. Company Profiles
7.1.Amano,
7.1.1.1. Company Overview
7.1.1.2. Financial Snapshot
7.1.1.3. Products and Services Offered
7.1.1.4. Recent Developments
7.2. Kapsch Traffic Com
7.2.1. Company Overview
7.2.2. Financial Snapshot
7.2.3. Products and Services Offered
7.2.4. Recent Developments
7.3. Siemens
7.3.1. Company Overview
7.3.1. Financial Snapshot
7.3.2. Products and Services Offered
7.3.3. Recent Developments
7.4. SKIDATA
7.4.1. Company Overview
7.4.2. Financial Snapshot
7.4.3. Products and Services Offered
7.4.4. Recent Developments
7.5. Swarco,
7.5.1. Company Overview
7.5.2. Financial Snapshot
7.5.3. Products and Services Offered
7.5.4. Recent Developments
7.6. Q-Free
7.6.1. Company Overview
7.6.2. Financial Snapshot
7.6.3. Products and Services Offered
7.6.4. Recent Developments
7.7. Inrix,
7.7.1. Company Overview
7.7.2. Financial Snapshot
7.7.3. Products and Services Offered
7.7.4. Recent Developments
7.8. Flash parking,
7.8.1. Company Overview
7.8.2. Financial Snapshot
7.8.3. Products and Services Offered
7.8.4. Recent Developments
7.9. Tiba Parking
7.9.1. Company Overview
7.9.2. Financial Snapshot
7.9.3. Products and Services Offered
7.9.4. Recent Developments
7.10. Urbiotica,
7.10.1. Company Overview
7.10.2. Financial Snapshot
7.10.3. Products and Services Offered
7.10.4. Recent Developments
Research Methodology
Global Parking Management Solutions Key Segment -
Based on the product

  • Revenue management

  • Security and surveillance

  • Access control

  • Reservation management

  • Others.
    Based on type

  • Off-street parking
  • On-street parking

    Key Players


    Global Parking Management Solutions Competitive Analysis Amano
    Kapsch TrafficCom
    Siemens
    SKIDATA
    Swarco
    Q-Free
    Inrix
    Flashparking
    Parkmobile
    Tiba Parking
    Urbiotica


  • Research Methodology

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