Parking Management Market Worldwide Market Forecasts & Analysis (2013 - 2018)

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Parking Management Market  Worldwide Market
Forecasts Analysis (2013 2018)
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Summary
The world is moving towards intelligent
transportation systems, which is broadening the
space for smarter ways of parking. With advanced
parking management systems, the parking spots
operators can offer their customers various
parking conveniences such as minimal time
wastage, cashless and contactless payment
options, enhanced vehicle security, and options
for pre-booking parking spots. The parking
management systems are also useful for ensuring
security through vehicle and cargo surveillance,
vehicle registration, and dynamic parking tariff
management. These customer-centric and business
operation-centric advantages are making parking
management system extremely lucrative. The major
companies who are focusing on the parking
management sector are Affiliated Computer
Services, 3M, Siemens, HCL, Cubic Corporation, T2
Systems, SKIDATA, and various others.
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The ongoing and upcoming smart city projects
worldwide are creating business opportunities for
smart parking management systems. The high growth
rate in the number of vehicles in the regional
economies such as Asia Pacific (APAC) and Latin
America is also expected to enhance the business
potential of the parking management industry.
License Plate Recognition (LPR)-based
technologies are gaining high popularity in the
parking management sector. The major LPR-based
parking management solutions such as Automatic
Vehicle Identification (AVI) and Pay-by-Plate are
expected to experience high adoption rate
reducing the market share of the traditional
technologies used in parking access control and
revenue management.
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This report speaks about the expected market
revenue for the various software and hardware
components involved in parking management system.
It also highlights the revenue potential of the
various professional services offered by the
parking management vendors. The report represents
the business potential of parking management
systems in different types of parking sites such
as on-street parking and off-street parking
facilities. The report consists of the
opportunity analysis of various types of parking
management solutions such as access control,
security and surveillance, parking fee and
revenue management, parking reservation
management, valet parking management, parking
enforcement and permit management, and parking
guidance and slot management.
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The report explores business potential of parking
management solutions across varied industry
verticals such as academia, government and
municipalities, transportation, recreation,
healthcare, hospitality, retail, corporate and
commercial parks, and Banking, Financial
Services, and Insurance (BFSI). The report
analyzes market drivers, restraints, and
opportunities, along with a study on key players,
and the competitive outlook. The report also
provides key insights on the industry trends,
adoption trends, and best practices in the
parking management market. The report brings out
the parking management business potential across
the different regions such as North America,
Asia-Pacific (APAC), Europe, Latin America, and
Middle East and Africa (MEA).
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It further segments each regional market by
solution types and industry verticals and
forecasts the revenue for the various
sub- Markets. MARKETS COVERED The parking
management market is segmented based on
system components, services, parking site types,
solutions, industry verticals, and
regions. Based on system components, the parking
management market is segmented into two
categories. They are parking software and
system devices. They are further classified based
on their types.
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Parking Software Parking software is majorly
divided into the following two categories Parking
information and management system Parking
payment system  System Devices System devices
include all the hardware components used in a
parking management system. The following are the
hardware components Parking meters Handheld
ticket-writers Ultrasonic occupancy sensors
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Radio-Frequency Identification (RFID)
transponders Surveillance cameras and Digital
Video Recorders (DVRs) Automated gates Other
devices (Batteries and power sources, valet
elevators, display boards)  Based on services,
the parking management market is segmented
into the following two categories Deployments
and customization Maintenance and support
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Table of Contents

1. INTRODUCTION 25
2. EXECUTIVE SUMMARY 31
3. MARKET OVERVIEW AND DYNAMICS 34
4. PARKING MANAGEMENT MARKET SIZE, ANALYSIS AND
   FORECAST BY SYSTEM COMPONENTS AND SERVICES 46
5. PARKING MANAGEMENT MARKET SIZE, ANALYSIS AND
   FORECAST BY PARKING SITE TYPES 77
6. PARKING MANAGEMENT MARKET SIZE, ANALYSIS AND
   FORECAST BY SOLUTIONS 85
7. PARKING MANAGEMENT MARKET SIZE, ANALYSIS AND
   FORECAST BY INDUSTRY VERTICALS 118

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  Forecasts Analysis (2013 2018)

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