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Parking Management Market Share

Report ID: GMI2956
Published Date: Oct 2021
Report Format: PDF

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Parking Management Market Share

The major players are focusing on developing their brand recognition through introducing new parking system projects and launching new advanced technologies. For instance, in October 2021, Apcoa Parking announced the opening of a 729-space multi-floor car parking space with an integrated energy center. The facility is equipped with automatic number plate recognition and 30 EV charging points & self-service online permit management systems.

The key parking management market players include :

Amano Corporation
APCOA Parking Ltd.
Robert Bosch GmbH
FlashParking
Indigo Group
Inrix Inc.
IPS Group Inc.
ParkMobile, LLC.
Passport Labs, Inc.
Precise Parklink Inc.
Q-Free ASA
Siemens AG
Skidata GmbH
Smart Parking Ltd.
Streetline Inc
T2 Systems Inc.
Tiba Parking LLC.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of parking management surpassed USD 3 billion in 2020 and is expected to grow at 12% CAGR through 2027, says this GMI report.

Parking management industry trends will be robust in the U.S., which is projected to witness 10% CAGR till 2027, given the rising demand for commercial parking facilities.

UK market size from transportation sector may register 17% CAGR through 2027 owing to the rise in smart city construction.

In 2020, Europe held over 30% of the global revenue share, driven by increasing demand for parking data analytics.