Smart Parking Market Set for Rapid Growth

1
Smart Parking Market Global Analysis and Forecast
to 2025

• Published Date Jun 2017

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2
Report Studies
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• Smart Parking Market to 2025 - Global Analysis
  and Forecasts By Parking Sites (Off-Street and
  On-Street), Components, End-user Industries
  (Transport Facilities, Government
  Municipalities, Commercial Institutions, and
  Corporate Institutions)
• The Smart Parking Market is expected to grow from
  US 398.6 million in 2016 to US 1,462.3 million
  by 2025 at a CAGR of 15.7 between 2017 and 2025.

3
Smart Parking Market Overview
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• Globally it has been realized that drivers spend
  an average of nearly 20 minutes/trip in search of
  a parking space. The current parking
  infrastructure does not satiate the ever growing
  demand for efficient parking. Today, the
  available parking spaces worldwide can handle
  only one-third of the parking needed. The same is
  true for several highly populated regions
  worldwide. Combining both on-street as well as
  off-street parking as well prove to be
  insufficient to cater the rising parking demands.
• The smart parking based online/mobile
  applications over the years have become more
  customer oriented. Presently, the mobile
  applications that are developed are programmed in
  such a way that all categories of user are able
  to use with an ease. Almost every person on this
  globe is in need of a parking space at some point
  of its life, thus, the companies are also racing
  in terms of developing user friendly and accurate
  applications.

4
Key Segment Market
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• Segment By Type-
• By Parking Sites (Off-Street and On-Street)
• Components, End-user Industries (Transport
  Facilities, Government Municipalities,
  Commercial Institutions, and Corporate
  Institutions)

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5
Smart Parking Market Value
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• CAGR of 15.7
• (2017 - 2025)

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6
Company Profiles
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• Amano McGann, Inc.
• Cisco
• Smart Parking Ltd.
• Urbiotica
• SKIDATA AG
• Nedap NV
• Kapsch
• Xerox Corp.
• Parkmobile, LLC
• SWARCO AG

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7
By Geography
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• North America (the US, Canada, and Mexico)
• Europe (the UK, Germany, France, Italy, Spain,
  and the Rest of Europe)
• Asia Pacific (China, Japan, India, Australia,
  South Korea, and the Rest of Asia Pacific)
• Middle East Africa (the UAE, Saudi Arabia,
  South Africa, and the Rest of Middle East
  Africa)
• South Central America (Brazil, Argentina, and
  the Rest of South Central America).

8
THANKYOU!

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