Global Parking Management Solution Market Size, Status and Forecast 2022

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.
As per the geographic analysis, the APAC region is expected to record the fastest growth in the global parking management market due to the rapid adoption of advanced technologies and increasing urabnization in developing countries. In addition to this, various smart city projects have been rolled out in the APAC region to enhance the citizen services. These smart city projects address infrastructure, transit, utilities, and connectivity challenges. Parking management is at the center stage of all these smart city projects. North America is expected to hold the largest market size during the forecast period, owing to the large-scale investments in implementing parking management solutions to address the growing need for better driver and commuter convenience.

Market Analysis and Insights: Global Parking Management Solution Market
The global Parking Management Solution market size is projected to reach US$ 444080 million by 2027, from US$ 300540 million in 2020, at a CAGR of 5.3% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Parking Management Solution market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Parking Management Solution market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Parking Management Solution market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Parking Management Solution market.

Global Parking Management Solution Scope and Market Size
Parking Management Solution market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Parking Management Solution market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Parking Guidance Solution
Parking Reservation Management
Parking Permit Management
Parking Enforcement Management
Parking Access and Revenue Control
Parking Security and Surveillance
Parking Analytics

Segment by Application
On-road
Off-road

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Conduent
Indigo Park Services
Amano
Swarco
Q-Free
Kapsch
T2 Systems
Skidata
Flowbird Group
Inrix
Flashparking
Chetu
Parkmobile
Passport
Spothero
Tiba Parking
Urbiotica
Smart Parking
SAP
Siemens
Bosch Mobility