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Parking Management Market Size At Around US$ 12.91 Bn In 2032

The parking management market would grow at a CAGR of 9.15% over the predicted time frame. The market is expected to increase in value from US$ 5.38 Bn in 2022 to US$ 12.91 Bn in 2032.

Parking Management Market Size 2023 To 2032 - Precedence Statistics

The on parking management Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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A recent report provides crucial insights along with application based and forecast information in the Global Parking management Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Parking management market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Parking management market are included as given below:

Parking management Market 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)

Market Segments

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

Report Objectives

  • To define, describe, and forecast the global parking management market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the parking management market

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

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