Global Parking Lot Occupancy Monitoring System Market Growth (Status and Outlook) 2025-2031

The global Parking Lot Occupancy Monitoring System market size is predicted to grow from US$ 5166 million in 2025 to US$ 7821 million in 2031; it is expected to grow at a CAGR of 7.2% from 2025 to 2031.

Parking Lot Occupancy Monitoring System monitors the actual occupancy of a parking lot, provides its managers with valuable information and navigates drivers all the way to an empty parking spot.

United States market for Parking Lot Occupancy Monitoring System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Parking Lot Occupancy Monitoring System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Parking Lot Occupancy Monitoring System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Parking Lot Occupancy Monitoring System players cover ParkingDetection, Smart Parking Limited, Parklio, WiiHey, Nwave, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Parking Lot Occupancy Monitoring System Industry Forecast” looks at past sales and reviews total world Parking Lot Occupancy Monitoring System sales in 2024, providing a comprehensive analysis by region and market sector of projected Parking Lot Occupancy Monitoring System sales for 2025 through 2031. With Parking Lot Occupancy Monitoring System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parking Lot Occupancy Monitoring System industry.

This Insight Report provides a comprehensive analysis of the global Parking Lot Occupancy Monitoring System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Parking Lot Occupancy Monitoring System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Parking Lot Occupancy Monitoring System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parking Lot Occupancy Monitoring System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parking Lot Occupancy Monitoring System.

This report presents a comprehensive overview, market shares, and growth opportunities of Parking Lot Occupancy Monitoring System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Sensors
Video Analysis Software

Segmentation by Application:
Municipal Facility
Commercial Parking Lot
University Parking Lot
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ParkingDetection
Smart Parking Limited
Parklio
WiiHey
Nwave
OPTEX CO., LTD.
IEM
Asura Technologies
DataFromSky
intuVision
Smartiply, Inc.
PIXEVIA
Cambridge Consultants
Bosch
eleven-x Incorporated
PlacePod
Parkeagle

Please note: The report will take approximately 2 business days to prepare and deliver.