Parking Management Systems - $7.94 Billion Worldwide Market Analysis & Forecasts 2018-2023

Dublin, Dec. 18, 2018 (GLOBE NEWSWIRE) -- The "Parking Management System Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The Parking Management System market was valued at US$4.114 billion in 2017 and is expected to grow at a CAGR of 11.6% over the forecast period to reach a total market size of US$7.947 billion by 2023.

Rising number of motor vehicles on road, on account of increasing spending capacity of people in many regions, has been driving with it the demand for more parking spaces.

Growing urbanization and industrialization across the globe is shrinking the space available for parking. This is increasing the demand for advanced parking management systems to address this challenge. This is driving the growth of this market.

Key Topics Covered

1. Introduction

2. Research Methodology
2.1. Research Process and Design
2.2. Research Assumptions

3. Executive Summary

4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Force Analysis
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. Parking Management System Market by Type
5.1. Automatic Pay Stations and Barriers
5.2. Auto Pay Parking System
5.3. Active RFID Parking System
5.4. Robotic Parking Systems

6. Parking Management System Market by Component
6.1. Software
6.2. Hardware

7. Parking Management System Market by Application
7.1. Residential
7.2. Commercial

8. Parking Management System Market by Geography
8.1. North America
8.2. South America
8.3. Europe
8.4. Middle East and Africa
8.5. Asia Pacific

9. Competitive Intelligence
9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players

10. Company Profiles
10.1. Conduent
10.2. Indigo
10.3. Amano
10.4. Swarco
10.5. Q-Free
10.6. Streetline (A Kapsch Company)
10.7. T2 Systems
10.8. Skidata
10.9. Flowbird Group
10.10. Inrix
10.11. Flashparking
10.12. Chetu
10.13. SAP
10.14. Siemens

For more information about this report visit https://www.researchandmarkets.com/research/7fwwx6/parking?w=12

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                    Related Topics: Automotive