Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Parking Management: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Parking Management estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.
Solutions, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$4.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 6.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 5.6% CAGR
The Parking Management market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 5.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
Select Competitors (Total 279 Featured) -
- Amano Corporation
- Bosch Mobility Solutions
- Chetu Inc.
- Conduent, Inc.
- FlashParking, Inc.
- Flowbird Group
- Get My Parking
- Inrix, Inc.
- Nuphoton Technologies, Inc.
- ParkMobile, LLC.
- Passport Labs, Inc.
- Q-Free ASA
- SAP SE
- Siemens AG
- Skidata AG
- Spothero
- Streetline
- SWARCO AG
- Tiba Parking
- Urbiotica
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 363 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4 Billion |
| Forecasted Market Value (USD) by 2030 | $6.3 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Parking Management Market - Need for Systematic Traffic Management Driving Growth
- US - A Major Market
- Finding Space in New Mobility Ecosystem
- INNOVATIONS AND ADVANCEMENTS
- Technology's Role in Transforming Parking Industry
- Big Data and Parking
- Smart Parking with Mobile IoT
- PRODUCT OVERVIEW
- The Parking Value Chain
- Parking Management and Revenue
- Optimization
- Parking Management - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Future Parking Trends
- Emerging Technology Trends
- Need for Parking Apps
- Demand for Cashless Payments
- Parking Access Control
- Rise in Electric Cars and Need for Charging Stations
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/trczm
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