Global Parking Management Market is expected to grow at a CAGR of around 10% from 2017 to 2025

Portland, OR -- (SBWire) -- 07/25/2017 --Global Parking Management Market is expected to grow at a CAGR of around 10% from 2017 to 2025. Parking management includes numerous agendas and guidelines which result in effective operation of parking services. The increasing usage of vehicles across the globe worsens the issue of shortage of parking space, especially in the metropolitan cities. Proper parking management can resolve the problem of traffic congestion and other transportation-related problems. Therefore, the need for a well-organized and smart parking system is growing. Nowadays, the advanced parking management systems provide a high level of convenience to the drivers, which in turn helps in automating and simplifying the business operations and other functions at the parking site.

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Based on solution, the Parking Management Market is divided into security and investigation, access control & management solutions, parking controls, valet parking management, and parking slot management. Based on site type, the parking management market is sub-divided into on-street parking, and off-street parking. According to services, it is categorized into professional services and managed services. Based on application, the market is categorized into aerospace and defense, energy & utilities, oil & gas, retail and consumer goods, healthcare, financial & insurance, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Concern for safety, security, and connectivity boosts the use of parking management solutions
Need for smooth flow of traffic
Increased production of vehicles leading to parking concern

Restraints:

High implementation cost
Lack of system integration

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Market Players:

The top players in the global parking management market include Siemens AG, XEROX Corporation, AMANO Corporation, SWARCO AG (Austria), INRIX, Inc., Kapsch TrafficCom AG, Cubic Corporation, T2 Systems, Inc., INDIGO (France), and SKIDATA AG (Austria).

MARKET LANDSCAPE

By Solution

Security and Investigation
Access Control & Management Solutions
Parking Controls
Valet Parking Management
Parking Slot Management

By Site Type

On Street Parking
Off Street Parking

By Application

Aerospace & Defense
Energy & Utilities
Oil & Gas
Retail & Consumer Goods
Healthcare
Financials & Insurance
Others

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Table Of Contents:
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
2.2 Market beyond: what to expect by 2027
2.2.1 Base case scenario
2.2.2 Rapid growth scenario
2.2.3 Diminishing growth scenario

Chapter: 3 WORLD IVD MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors

4. Global parking management market by solution
4.1. Security and investigation
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Access control & management solutions