Parking Meter Market by Type (Multi Space, Single Space), Parking Mode (Pay & Display, Plate, Space), End User - Global Forecast 2024-2030

Parking Meter Market by Type (Multi Space, Single Space), Parking Mode (Pay & Display, Plate, Space), End User - Global Forecast 2024-2030


The Parking-as-a-Service Market size was estimated at USD 4.19 billion in 2023 and expected to reach USD 4.74 billion in 2024, at a CAGR 13.54% to reach USD 10.21 billion by 2030.

Global Parking-as-a-Service Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Parking-as-a-Service Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Parking-as-a-Service Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Parking-as-a-Service Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Advantech Co., Ltd., AJ Automated Parking Systems Co.,Ltd., Amano Corporation, Central Parking Services, Complus Data Innovations by Passport Labs, Inc., gtechna, Inc., Parking Guidance Systems, LLC, ParkingPass.com, Passport Labs, Inc., Secure Parking Solutions Private Limited, TCS International, TKH Security B.V., Versitron, Inc., and WISEGO Group by HUAPTEC TELECOM INDIA PRIVATE LIMITED.

Market Segmentation & Coverage

This research report categorizes the Parking-as-a-Service Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
Services
Managed Service
Professional Service
Consulting & Training
Support & Maintenance
System Integration & Deployment
Solutions
Parking Access & Revenue Control (PARC)
Parking Analytics
Parking Enforcement Management
Parking Guidance Solution
Parking Permit Management
Parking Reservation Management
Parking Security & Surveillance
Parking Site
Off-street Parking
On-street Parking
Deployment Type
Cloud
On-Premises
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Parking-as-a-Service Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Parking-as-a-Service Market?
3. What are the technology trends and regulatory frameworks in the Parking-as-a-Service Market?
4. What is the market share of the leading vendors in the Parking-as-a-Service Market?
5. Which modes and strategic moves are suitable for entering the Parking-as-a-Service Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Parking Meter Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption of smart parking meters
5.1.1.2. High demand in congested public infrastructure such as station and civil buildings
5.1.1.3. Rising demand for multi-space parking technology
5.1.2. Restraints
5.1.2.1. Potential high cost for parking meter
5.1.3. Opportunities
5.1.3.1. Increasing government investment in smart cities
5.1.3.2. Future investment potential in developing economies
5.1.4. Challenges
5.1.4.1. Lack of supportive infrastructure in many countries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Parking Meter Market, by Type
6.1. Introduction
6.2. Multi Space
6.3. Single Space
7. Parking Meter Market, by Parking Mode
7.1. Introduction
7.2. Pay & Display
7.3. Plate
7.4. Space
8. Parking Meter Market, by End User
8.1. Introduction
8.2. Government & Public Sector
8.3. Hospitals & Care Providers
8.4. Parks & Malls
8.5. Residential Areas
8.6. Stadiums & Airports
8.7. Transit Systems
8.8. University & Education Institutions
9. Americas Parking Meter Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Parking Meter Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Parking Meter Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Came S.p.A.
13.1.2. Flowbird Group
13.1.3. GLOBAL PARKING SOLUTIONS USA LLC
13.1.4. GuangZhou COMA Electronics CO., LTD.
13.1.5. IEM S.A.
13.1.6. Intercomp SpA
13.1.7. IPS, Inc.
13.1.8. MacKay Meters, Inc.
13.1.9. METRIC Group Ltd
13.1.10. Parking BOXX Inc.
13.1.11. POM Inc.
13.1.12. T2 Systems, Inc.
13.1.13. Traffic and Parking Control Co., Inc.
13.1.14. VenTek International
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. PARKING METER MARKET RESEARCH PROCESS
FIGURE 2. PARKING METER MARKET SIZE, 2023 VS 2030
FIGURE 3. PARKING METER MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PARKING METER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PARKING METER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PARKING METER MARKET DYNAMICS
FIGURE 7. PARKING METER MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. PARKING METER MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PARKING METER MARKET SIZE, BY PARKING MODE, 2023 VS 2030 (%)
FIGURE 10. PARKING METER MARKET SIZE, BY PARKING MODE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PARKING METER MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 12. PARKING METER MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES PARKING METER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES PARKING METER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA PARKING METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. PARKING METER MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. PARKING METER MARKET SHARE, BY KEY PLAYER, 2023

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