The smart parking market size has the potential to grow by USD 5.22 billion during 2019-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by type (off-street parking and on-street parking) and geographic landscape (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including 3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch Aktiengesellschaft, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, and SKIDATA AG.
Browse TOC and LoE with selected illustrations and example pages of the Smart Parking Market
The market is fragmented. 3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch Aktiengesellschaft, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, and SKIDATA AG are some of the major market participants. Factors such as the growing adoption of its will offer immense growth opportunities. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this smart parking market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this smart parking market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The rising demand for electronic payments will significantly influence the smart parking market's growth in this region.
37%of the market's growth will originate from North America during the forecast period. The US is the key market for the smart parking market in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the smart parking market size.
3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch Aktiengesellschaft, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, SKIDATA AG are a few of the key vendors in the Smart Parking market.