Global Parking Management System Market Growth 2023-2029

Global Parking Management System Market Growth 2023-2029

Parking management system is a kind of software which is installed in the computer to control the parking management system hardware to manage the parking and help the related people to solve parking problem. The parking management system software has different kinds functions like charging, relieve traffic pressure, smart parking and so on, with the development of the software and the high traffic pressure, the parking management system software will have more functions.

LPI (LP Information)' newest research report, the “Parking Management System Industry Forecast” looks at past sales and reviews total world Parking Management System sales in 2022, providing a comprehensive analysis by region and market sector of projected Parking Management System sales for 2023 through 2029. With Parking Management System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parking Management System industry.

This Insight Report provides a comprehensive analysis of the global Parking Management 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 analyzes the strategies of leading global companies with a focus on Parking Management System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Parking Management System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parking Management 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 Management System.

The global Parking Management System market size is projected to grow from US$ 552.7 million in 2022 to US$ 946.5 million in 2029; it is expected to grow at a CAGR of 946.5 from 2023 to 2029.

Global Parking Management System key players include 3M, Kapsch, Swarco, Siemens, Amano, etc. Global top five players hold a share about 25%.

Europe is the largest market, with a share about 40%, followed by North America and Japan, having a total share about 40 percent.

In terms of product, Off-road is the largest segment, with a share about 75%. And in terms of application, the largest application is Tolling System, followed by Parking Guidence.

This report presents a comprehensive overview, market shares, and growth opportunities of Parking Management System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

On-road

Off-road

Segmentation by application

Parking Guidence

Tolling System

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.

3M

Kapsch

Swarco

Siemens

Amano

Q-Free

Thales

Johnson Controls

Xerox

Cubic

Integrapark

Imtech

EDC

Jieshun

Fujica

Dashou

KEYTOP

Shenchuang

Carsafe

OPEN

Key Questions Addressed in this Report

What is the 10-year outlook for the global Parking Management System market?

What factors are driving Parking Management System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Parking Management System market opportunities vary by end market size?

How does Parking Management System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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