Parking Reservation System Market by Solution (Mobile-based Parking Reservation System, Voice Call-based Parking Reservation System, Web-based Parking Reservation System), Deployment (Cloud-based, On-Premise), Application, End-User - Global Forecast 2024-2030
The Parking Reservation System Market size was estimated at USD 1.68 billion in 2023 and expected to reach USD 1.84 billion in 2024, at a CAGR 10.56% to reach USD 3.40 billion by 2030.
A parking reservation system is a digital solution that enables drivers to reserve a parking spot in advance at a particular location. This system helps manage parking spaces, reduce the time spent searching for parking, and optimize parking resource utilization. It may involve a web-based platform and mobile application through which users can view available parking spaces in real-time, book a spot for a specific duration, and make payments online. Increasing vehicle ownership in urban areas is driving demand for parking management solutions. In addition, increasing government investment in smart infrastructure raises the adoption of smart parking systems. However, high initial setup and maintenance costs may deter small operators from adopting these systems. Data privacy and security concerns regarding users' personal and payment information impact the adoption of smart parking systems. Furthermore, IoT and AI integration into parking solutions to improve efficiency and user experience create potential opportunities for market growth.
Please 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. 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
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing number of vehicles and issues over parking spaces
- 5.1.1.2. Rising issues of traffic congestion and initiatives to reduce carbon emission
- 5.1.1.3. Proliferation of smartphone and internet technologies to improve driving experiences
- 5.1.2. Restraints
- 5.1.2.1. High costs associated with installing and maintaining parking reservation systems
- 5.1.3. Opportunities
- 5.1.3.1. Development and introduction of new parking reservation solutions
- 5.1.3.2. High potential for blockchain-based parking reservation technology
- 5.1.4. Challenges
- 5.1.4.1. System breakdown issues of parking reservation technologies
- 5.2. Market Segmentation Analysis
- 5.2.1. Solution: Boost in demand for mobile-based parking reservation systems due to real-time availability updates
- 5.2.2. Deployment: Rising cloud-based parking reservation systems due to easy integration and minimal upfront infrastructure investment
- 5.2.3. Application: Off-street systems prioritize customer experience and value-added services
- 5.2.4. End-User: Rising demand for parking reservation system across commercial parking spaces and shopping malls to maximizing space usage and turnover rates
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Parking Reservation System Market, by Solution
- 6.1. Introduction
- 6.2. Mobile-based Parking Reservation System
- 6.3. Voice Call-based Parking Reservation System
- 6.4. Web-based Parking Reservation System
- 7. Parking Reservation System Market, by Deployment
- 7.1. Introduction
- 7.2. Cloud-based
- 7.3. On-Premise
- 8. Parking Reservation System Market, by Application
- 8.1. Introduction
- 8.2. Off-street
- 8.3. On-street
- 9. Parking Reservation System Market, by End-User
- 9.1. Introduction
- 9.2. Airports
- 9.3. Commercial Parking Spaces
- 9.4. Government & Municipalities
- 9.5. Hospitals
- 9.6. Shopping Malls
- 10. Americas Parking Reservation System Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Parking Reservation System Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Parking Reservation System Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. LetMePark and Parkimeter Announce Partnership to Transform the Parking Experience in Europe
- 13.3.2. SP Plus Corporation Launches its AeroParker Online Booking Reservation System at Airports in Illinois, Kentucky, South Dakota, and Texas
- 13.3.3. New Partnership Provides Live, In-Car Parking Reservations
- 13.3.4. Park 'N Fly Launches a Robust New Website to Enhance Customer Experience
- 13.4. Strategy Analysis & Recommendation
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
- FIGURE 1. PARKING RESERVATION SYSTEM MARKET RESEARCH PROCESS
- FIGURE 2. PARKING RESERVATION SYSTEM MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. PARKING RESERVATION SYSTEM MARKET DYNAMICS
- FIGURE 7. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY SOLUTION, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY SOLUTION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL PARKING RESERVATION SYSTEM MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES PARKING RESERVATION SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES PARKING RESERVATION SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA PARKING RESERVATION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. PARKING RESERVATION SYSTEM MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 24. PARKING RESERVATION SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
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