Future of Global Parking Management Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Parking management refers to strategies that result in the more proficient use of parking resources. Parking management systems assist people in quickly find parking spots and also provide the requisite guidance for making the entire process smooth, reduce confusion, and enhancing the visitor experience. These systems include parking alerts in real-time, traveler information systems, video surveillance, vehicle tracking in real-time, and easy payment options. Many advanced parking management systems need users to make phone/internet reservations and pay for a parking space. According to study, “Parking Management Market: Market Segments: By Component (Solution and Services); By Parking site (Off-street Parking and On-street Parking); By Deployment Type (On-premises and Cloud); By Application (Transport Transit, Commercial and Government); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030” some of the key companies operating in the global parking management market are Infocomm Group LLC, DEPLOT, TIBA Parking, Q-Free ASA, Siemens AG, SAP SE, Passport Inc., Bond Traffic Solutions, Nex Valet LLC, Amano McGann, Parkmobile USA Inc., FlashParking Inc. The key players operating in parking management are forming partnerships with automakers for developing advanced parking assistance solutions for Advanced Driver Assistance Systems (ADAS) applications. They are also helping the public-private establishments monetize on the accessible parking facilities. Based on components, the market is segmented as services and solutions. Services include system integration & deployment, consulting services, and support & maintenance. Solutions include revenue management, access control, parking reservation management, security & surveillance, valet parking management, and others. Based on the parking site, the market is segmented as on-street parking and off-street parking. The off-street parking segment is further sub-segmented as lot parking and garage parking. The on-street segment holds the major share in the global market due to growth in adoption by government authorities across the globe. Based on the deployment model, the market is segmented as cloud and on-premise deployment. The cloud-based segment dominates the market owing to multiple advantages offered by the cloud. Based on application, the market is segmented as government, commercial, and transport transit. In addition, based on end-user, the market is segmented as retail, healthcare, government, corporate & commercial parks, academia, BFSI, transportation, recreation, hospitality, and others. The government sector is anticipated to witness a higher growth rate because of growth in a number of smart city projects in developed regions during the forecast period. The market is driven by rising in demand for optimum utilization of parking spaces, followed by Proliferation of mobile & smart-phones, rise in urban population to actuate smart parking management, the surge in demand for seamless traffic flow & reduction in fuel consumption, and growth in adoption of cloud, IoT, and data analytics technologies. However, system integration complexities and high implementation costs may impact the market. Moreover, the emergence of autonomous cars, the increase in smart city initiatives across the globe, and the rise in demand for innovative parking management solutions are key opportunities for the market. Based on geography, the North-American region holds the major share in the global market owing to growth in technological advancements coupled with the early adoption of parking management in the region. The Asian-Pacific and European regions are estimated to witness a higher growth rate due to an increase in government expenditure on smart city development over the forecast period. It is expected that the future of the global market will be bright as a result of growth in demand for Artificial Intelligence (AI)-based services during the forecast period. For More Information on the Research Report, refer to below links: – Global Parking Management Market Analysis Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia-Pacific Parking Management Market, COVID 19 Impact on Parking Management Market, Europe Parking Management Market, FlashParking Parking Management Market Size, Global Off-street Parking Management Market, Global On-street Parking Management Market, Global Parking Management Industry, Global Parking Management Industry Research Report, Global Parking Management Market, Global Parking Management Market Analysis, Global Parking Management Market Forecast, Global Parking Management Market Future Outlook, Global Parking Management Market Growth rate, Global Parking Management Market Major Players Global Parking Management Market End Users, Global Parking Management Market Research Report, Global Parking Management Market Revenue, Global Parking Management Market Segmentation, Global Parking Management Market Share, Global Parking Management Market Size, Indonesia Parking Management Market, Latin America Parking Management Market, Middle East Parking Management Market, North America Parking Management Market, Parkmobile USA Parking Management Market Research Report, Q-Free ASA Parking Management Market Growth Rate, SAP SE Parking Management Market Revenue, Siemens AG Parking Management Market Sales Revenue, TIBA Parking Parking Management Market Share