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Published Mon, Dec 10th 2018

Parking Management Market 2019-2027: Advanced Technologies, Competitive Analysis, Emerging- and High-Growth Segments, Top Key Players Indigo Parking Service, Streetline, Flowbird Group, Parkmobile, Tiba Parking, Smart Parking

Parking Management Market to 2027 - Global Analysis and Forecasts by Parking Site (On-Street and Off-Street); Solutions (Parking Guidance Solutions, Parking Reservation Solutions, and Parking Security & Surveillance Solutions); Services (Professional Services and Managed Services); Deployment Type (On-premises and Cloud)

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The growth of automotive industry is pacing up exponentially in terms of several technologies. Various associated technologies such as parking management are also experiencing significant growth rate along with the automotive industry. The evolution of smart technologies and Internet of Things and significant adoption of the same in automotive industry has revolutionized parking systems in developed as well as various developing countries, which is favoring the parking management market to propel over the years. Another factor stimulating the growth of parking management market is the rising emphasize on seamless traffic flow. Pertaining to the fact that, the automobile manufacturers worldwide are experiencing massive demand for their products, the number of vehicles on road are constantly increasing, which is demanding smooth traffic flow. This factor is fueling the growth of parking management in the current scenario. 

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The "Global Parking Management Market Analysis to 2027" is a specialized and in-depth study of the parking management industry with a focus on the global market trend. The report aims to provide an overview of the global parking management market with detailed market segmentation by parking site, solutions, services, deployment type, and geography. The global parking management market is expected to witness high growth during the forecast period. The parking management market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Top Companies profiled in this report includes, Indigo Parking Service, Streetline, Flowbird Group, Parkmobile, Tiba Parking, Smart Parking Ltd., T2 Systems, Swarco, Passport Inc., and Siemens AG among others.

Moreover, several technology companies are innovating and coming up with new and advanced parking solutions such as smart parking, automated guided parking solutions among others are also boosting the parking management market. Increasing deployment of smart technologies on road and in car parking areas by the Governments of developing countries across the globe is expected to create a profitable revenue generation stream for parking management market in the coming years.

The parking management market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global parking management market based on parking site, solutions, services, deployment type. It also provides market size and forecast till 2027 for the overall Parking management market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The parking management market by each region is later sub-segmented by respective countries and segments. 

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The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region. Besides this, the report on parking management market analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides region wise exhaustive PEST analysis.

The parking management market report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, key development in the past five years.

Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global parking management Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the parking management Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.


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Sameer Joshi

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