Vision
Value
Visibility
Report Code : HiCT1007
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024
+1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India
www.goldsteinresearch.com
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Global Smart Parking Market Outlook
As cities around the globe continue to fight with traffic and congestion, smart parking has emerged as an effective solution to the increasing parking woes. Global smart parking market is one of the emerging markets across the globe, especially in developed countries such as U.S., Germany and others, with steady growth as more and more organizations realize the need to address traffic issues and optimize the parking process. It is finding increasing usage in places like airports, universities, shopping centers, tourist destinations and other areas that experience heavy traffic. With the development of smart cities, the market for smart parking is set to expand further on the back of growing need of assisted parking systems. Smart parking relies on a variety of components such as sensors, cameras, smart meters and uses data analytics and advanced algorithms. It helps users identify empty parking spots and find them in real time, saving the time and fuel wasted in manual searching of spots. These systems also help in controlling the illegal parking, keep track of parking duration and levy infringement charges accordingly. Smart Parking also simplifies the payment process by enabling automatic electronic payments. The wide ranging benefits of smart parking to both providers as well as users of smart parking have driven the market in recent years, and are expected to propel growth of smart parking market over the next five to six years. The development of Internet of Things (IoT) technology has given a major boost to the smart parking industry, as players use this technology to integrate the various devices and increase efficiency of the smart parking systems. These advancements in technology and growing need of connectivity in developed and developing countries further help the market players to expand their business in various countries. Furthermore, the rapid adoption of wireless technologies and evolution of nearfield communication technology are expected to bolster the growth of smart parking market.
Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/global-smart-parking-market-outlook-2024-global-opportunity -and-demand-analysis-market-forecast-2016-2024 Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Market Segmentation By Smart Parking Component o Sensors • Ultrasonic Sensors • Magnetic Sensors • Radar Sensors • Image Sensors o Cameras o Smart Parking Meters o Electronic Billing and Payment Systems o Others (Displays, ECUs) By Smart Parking Site o On Street Parking o Off Street Parking By Smart Parking Service Provider o Parking Management System Providers o Parking Site Providers o Electronic Payment Technology Providers By Smart Parking Vertical o Residential o Commercial
Sample Request
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024
Based on Geography • North America (US, Canada) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} • Rest of the World {Market Share (%), Market Size (USD Billion),
Adoption Rate (%)}
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Market Size and Forecast (2016-2024) Global smart parking was reached USD 2.0 Billion in 2016. The ever increasing traffic and the need to develop efficient parking solutions is expected to drive the market to grow at a CAGR of 18% over the forecast period i.e. 2016-2024 and reach a valuation of approximately USD 7.5 Billion by 2024. The demand for off street parking constitutes the majority for the demand of smart parking systems, amounting to over 65% of the global smart parking market. The segment for parking site providers accounts for majority of the market share in overall service provider market compared to other service providers. This can be attributed to the fact that requirement for parking management and payment systems arises only when parking sites are available, thus they are secondary to the services of parking site providers.
Global Smart Parking Market Share (%), By Components-2016 Smart Parking Market Size (USD Billion), 2016-2024 XX
XX XX
XX
XX%
XX
XX
XX%
XX
XX
XX%
XX
XX XX
XX%
XX
XX
XX
XX
XX
XX
Sensors Cameras Smart Parking Meters Electronic Billing and Payment Systems Others (Displays, ECUs)
XX%
XX XX 2016e
2017e
2018f
2019f
2020f
2021f
2022f
2023f
2024f
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Global Smart Parking Market Outlook 2024 contains detailed overview of the global smart parking market in terms of market segmentation by component, site, service provider, vertical and geography. Further, for the in-depth analysis, smart parking market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. Global smart parking market report also includes competitive outlook of some of the major players of the global smart parking market which includes profiling of companies like 3M, Aeris Communications, Cisco, Deutsche Telekom, Gemalto, HCL, IBM, Jasper Technologies, MSR-Traffic, Nedap Mobility Solutions, Orange Business Services, PARX, ParkHelp, ParkMe, Parkmobile, Parkopedia, Q-Park, Serco, Siemens, Sierra Wireless, SKIDATA, Smart Parking, Streetline (acquired by Kapsch TrafficCom), SWARCO, Synapt, T2 Systems, Telensa, TeliaSonera, Urbiotica, Vodafone, WorldSensing, and Xerox. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global smart parking market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Request for TOC@ https://www.goldsteinresearch.com/toc-request/global-smart-parking-market-outlook-2024-global-o pportunity-and-demand-analysis-market-forecast-2016-2024 Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Scope Background Market Synopsis
Sample Request
Market Segmentation The global smart parking market segmentation as follows: • • • •
By Smart Parking Component (Market Size, Demand Analysis and Growth Analysis) By Smart Parking Site (Market Size, Demand Analysis and Growth Analysis) By Smart Parking Service Provider (Market Size, Demand Analysis and Growth Analysis) By Smart Parking Verticals (Market Size, Demand Analysis and Growth Analysis)
By Country • • • • • •
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} Rest of World {Market Size, Growth Analysis and Opportunity Analysis} Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
Sample Request
Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024
Sample Request
For more information Contact Us: +1-646-568-7747
99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America
+1-437-886-1181 +44-203-318-6627
Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India
+91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
www.goldsteinresearch.com
Published By: Goldstein Research
Vision
Value
Visibility
Global Smart Parking Market Growth Forecast and Demand Analysis 2016-2024
Thank you Thank you
Published By: Goldstein Research