Industry Outlook and Trend Analysis
The Smart Parking Solutions Market has encountered significant development in the past few years and is anticipated to witness considerable growth in the upcoming years. An expanding number of vehicles over the globe are instrumental in strengthening the parking troubles. The disturbing issue of blockage is rising exponentially on a worldwide scale. The expanding need to counter and address parking related issues is huge in making an appeal for significant parking solutions. Smart parking solutions give adaptability and versatility to successfully address the parking issues. Overcrowding of vehicles has brought about traffic issues which are to a great extent caused because of poor stopping administration. This thus prompts air and noise pollution smothering the monetary movement. Innovative expansion essentially IoT and M2M communication and smart cities activities is expected to fortify the business development all things considered parking solutions assist in gathering information on real time basis to decide the accessibility of parking spot. It benefits the clients in sparing time, cost, and fuel.
Parking site Outlook and Trend Analysis
In terms of parking site the market can be characterized into two sorts; on-street and off-street parking. The off-street stopping site portion represented more than 73 percent of the general share of the overall industry in 2015 and is anticipated to proceed with its strength throughout the following years. Facilities, for example, ticketing and advanced payment solutions combined with the introduction of a few versatile applications for stopping direction systems are positively affecting the development for off-street parking solutions. This kind of parking encourages both long and in addition users who need short-term parking. The on-street parking site portion represented more than 26 percent of the general share of the overall industry in 2015 and is anticipated to become throughout the following years.
Application Outlook and Trend Analysis
In terms of application the market is segmented into transport transit, government, and commercial. The government application fragment represented more than 62 percent of the general share of the market in 2015 and is anticipated to proceed with its control available development throughout the following years because of government activities in developing and developed countries. The commercial application section has a high development potential and is anticipated to gin prominence over the estimate time frame as these spots are significant attraction of tourist as well as localities. Such systems are progressively implemented at theaters, corporate avenues, sports complexes, and shopping malls, among others where a productive administration of stopping is on high need. High comfort and flexibility alongside options of mobile payment are anticipated to prompt development in the business section. Sellers are emphasizing on giving accommodation to clients and are constantly conveying new applications with inventive highlights. The transport transit application section represented more than 9 percent of the general share of the overall industry in 2015 and is anticipated to become throughout the following years.
Regional Outlook and Trend Analysis
The North American Smart Parking Solutions market accounted for over 39 percent of the worldwide share in 2015. The requirement for diminishing parking issues, attributable to the expanding number of vehicles in the United States and Canada, is foreseen to trigger demand for proficient parking solutions. The business is anticipated to boost in the Asia Pacific and Latin American locale, inferable from the developing regions in the rising economies. The development is moderately higher in regions, for example, South Korea, China, India, and Brazil. The European locale is anticipated to display huge opportunities for industry extension, attributable to ideal government activities by the European Union in advancing the usage of smart parking solutions to limit contamination and to make a sustainable atmosphere.
Competitive Insights
The leading players in the market are Amco, Altiux Innovations, Bosch, Cisco Systems, Inc., CivicSmart, ParkHelp, ParkMe, Worldsensing, ParkmobileLLC, Siemens, Swarco AG, Xerox Corp and BMW Group. These leading industry players are engaged in offering enhanced products and integrating applications with enhanced features supplementing the fundamental utility of determining the accessibility of Internet of Things (IoT).
The Smart Parking Solutions Market is segmented as follows-
By Parking Site:
On-street
Off-street
By Application:
Government
Commercial
Transport transit
By Component:
Software
Hardware
Service
By Region
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Smart Parking Solutions Market, By Parking Site
4.1. Introduction
4.2. Smart Parking Solutions Market Assessment and Forecast, By Parking Site, 2014-2023
4.3. On-street
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Off-street
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Smart Parking Solutions Market, By Application
5.1. Introduction
5.2. Smart Parking Solutions Market Assessment and Forecast, By Application, 2014-2023
5.3. Transport transit
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Government
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Commercial
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6. Smart Parking Solutions Market, By Component
6.1. Introduction
6.2. Smart Parking Solutions Market Assessment and Forecast, By Component, 2014-2023 ($Million)
6.3. Hardware
6.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.4. Software
6.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.5. Service
6.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
7. Smart Parking Solutions Market, By Region
7.1. Introduction
7.2. Smart Parking Solutions Market Assessment and Forecast, By Region, 2014-2023 ($Million)
7.3. North America
7.3.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.3.2. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.3.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.3.4. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.3.5. U.S.
7.3.5.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.3.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.3.5.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.3.6. Canada
7.3.6.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.3.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.3.6.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.3.7. Mexico
7.3.7.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.3.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.3.7.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4. Europe
7.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.4.2. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.4. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.5. Germany
7.4.5.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.5.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.6. France
7.4.6.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.6.2. Market Assessment and Forecast, By Applications, 2014-2023 ($Million)
7.4.6.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.7. UK
7.4.7.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.7.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.8. Italy
7.4.8.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.8.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.9. Spain
7.4.9.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.9.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.4.10. Rest of Europe
7.4.10.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.4.10.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.4.10.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5. Asia-Pacific
7.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.5.2. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.4. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.5. Japan
7.5.5.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.5.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.6. China
7.5.6.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.6.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.7. Australia
7.5.7.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.7.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.8. India
7.5.8.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.8.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.9. South Korea
7.5.9.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.9.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.5.10.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.5.10.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6. Rest of the World
7.6.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.6.2. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.3. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.4. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.5. Brazil
7.6.5.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.5.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.6. Turkey
7.6.6.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.6.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.7. Saudi Arabia
7.6.7.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.7.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.8. South Africa
7.6.8.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.8.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.8.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.9. United Arab Emirates
7.6.9.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.9.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.9.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
7.6.10. Others
7.6.10.1. Market Assessment and Forecast, By Parking Site, 2014-2023 ($Million)
7.6.10.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
7.6.10.3. Market Assessment and Forecast, By Component, 2014-2023 ($Million)
8. Company Profiles
8.1. Altiux Innovations
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.2. Amco.
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.3. BMW Group
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.4. ParkHelp
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.5. Swarco AG
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.6. Worldsensing
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.7. ParkmobileLLC
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.8. CivicSmart
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.9. Bosch
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.10. Cisco Systems, Inc.
8.10.1. Business Overview
8.10.2. Product Portfolio
8.10.3. Strategic Developments
8.11. Siemens
8.11.1. Business Overview
8.11.2. Product Portfolio
8.11.3. Strategic Developments
8.12. Xerox Corp
8.12.1. Business Overview
8.12.2. Product Portfolio
8.12.3. Strategic Developments
Table 1.Smart Parking Solutions Market, By Parking Site ($Million), 2014-2023
Table 2.On-street Market, By Region ($Million), 2014-2023
Table 3.Off-street, By Region ($Million), 2014-2023
Table 5.Smart Parking Solutions Market, By Application ($Million), 2014-2023
Table 6.Transport transit Market, By Region ($Million), 2014-2023
Table 7.Government Market, By Region ($Million), 2014-2023
Table 8.Commercial Market, By Region ($Million), 2014-2023
Table 9.Smart Parking Solutions Market, By Component ($Million), 2014-2023
Table 10.Hadware Market, By Region ($Million), 2014-2023
Table 11.Software Market, By Region ($Million), 2014-2023
Table 12.Service Market, By Region ($Million), 2014-2023
Table 13.Smart Parking Solutions Market, By Region ($Million), 2014-2023
Table 14.North America Smart Parking Solutions Market, By Country, 2014-2023 ($Million)
Table 15.North America Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 16.North America Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 17.North America Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 18.U.S. Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 19.U.S. Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 20.U.S. Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 21.Canada Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 22.Canada Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 23.Canada Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 24.Mexico Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 25.Mexico Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 26.Mexico Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 27.Europe Smart Parking Solutions Market, By Country, 2014-2023 ($Million)
Table 28.Europe Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 29.Europe Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 30.Europe Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 31.Germany Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 32.Germany Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 33.Germany Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 34.France Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 35.France Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 36.France Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 37.UK Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 38.UK Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 39.UK Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 40.Italy Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 41.Italy Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 42.Italy Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 43.Spain Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 44.Spain Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 45.Spain Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 46.Rest of Europe Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 47.Rest of Europe Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 48.Rest of Europe Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 49.Asia-Pacific Smart Parking Solutions Market, By Country, 2014-2023 ($Million)
Table 50.Asia-Pacific Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 51.Asia-Pacific Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 52.Asia-Pacific Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 53.Japan Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 54.Japan Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 55.Japan Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 56.China Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 57.China Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 58.China Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 59.Australia Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 60.Australia Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 61.Australia Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 62.India Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 63.India Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 64.India Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 65.South Korea Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 66.South Korea Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 67.South Korea Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 68.Rest of Asia-Pacific Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 69.Rest of Asia-Pacific Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 70.Rest of Asia-Pacific Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 71.Rest of the World Smart Parking Solutions Market, By Country, 2014-2023 ($Million)
Table 72.Rest of the World Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 73.Rest of the World Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 74.Rest of the World Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 75.Brazil Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 76.Brazil Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 77.Brazil Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 78.Turkey Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 79.Turkey Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 80.Turkey Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 81.Saudi Arabia Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 82.Saudi Arabia Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 83.Saudi Arabia Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 84.South Africa Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 85.South Africa Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 86.South Africa Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 87.United Arab Emirates Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 88.United Arab Emirates Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 89.United Arab Emirates Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 90.Others Smart Parking Solutions Market, By Parking Site, 2014-2023 ($Million)
Table 91.Others Smart Parking Solutions Market, By Application, 2014-2023 ($Million)
Table 92.Others Smart Parking Solutions Market, By Component, 2014-2023 ($Million)
Table 93.Amco: Key Strategic Developments, 2015-2017
Table 94.Altiux Innovations: Key Strategic Developments, 2015-2017
Table 95.ParkMe: Key Strategic Developments, 2015-2017
Table 96.Worldsensing: Key Strategic Developments, 2015-2017
Table 97.BMW Group: Key Strategic Developments, 2015-2017
Table 98.Bosch Key Strategic Developments, 2015-2017
Table 99.Cisco Systems, Inc.: Key Strategic Developments, 2015-2017
Table 100.CivicSmart: Key Strategic Developments, 2015-2017
Table 101.ParkHelp: Key Strategic Developments, 2015-2017
Table 102.ParkmobileLLC: Key Strategic Developments, 2015-2017
Table 103.Siemens: Key Strategic Developments, 2015-2017
Table 104.Swarco AG: Key Strategic Developments, 2015-2017
Table 105.Xerox Corp: Key Strategic Developments, 2015-2017
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