HOME Top Market Reports Parking Management Market (Access Control, Security and Surveillance, Revenue Management, Reservation Management, Valet Management, Enforcement and Permit Management, Guidance and Slot Management) Worldwide Market Forecasts & Analysis (2013 – 2018)

Parking Management Market (Access Control, Security and Surveillance, Revenue Management, Reservation Management, Valet Management, Enforcement and Permit Management, Guidance and Slot Management) Worldwide Market Forecasts & Analysis (2013 – 2018)

By: marketsandmarkets.com
Publishing Date: September 2013
Report Code: TC 2122

 

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The increase in vehicle ownership ratio globally is rendering parking spaces from being scarce to scarcer. This in turn is making the parking authorities starve for resources. Finding a proper parking space has turned out to be a tedious task for the urban vehicle drivers, and it is resulting in traffic clogging. How to achieve efficient parking site administration providing customer comfort is the question of the moment; and the answer lies in smart ways of parking management.

Parking management is about smartening the parking operations. Intelligent parking management systems automates and smartens the parking management functions by providing solutions such as access control, revenue management, parking enforcement and permit management, security and surveillance, automated valet parking, and parking guidance and slot management. Today’s smart parking management systems enables parking site operators to 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. According to industry data, usage of smart parking management can prevent up to 30% of traffic congestion, and save up to 5% of the parking revenue loss due to employee pilferages and vehicle drivers’ malpractices. These advantages are making parking management an immense necessity for the parking site operators, thereby enhancing the market potential of the parking management industry. The leading players in parking management market are Affiliated Computer Services, 3M, Siemens, HCL, Cubic Corporation, T2 Systems, SKIDATA, and various others.

The innovative License Plate Recognition (LPR) technology is driving the parking management market. LPR-based solutions’ key feature of being contactless and automatic is enhancing their popularity, as they provide extreme level of comfort to the vehicle drivers. The major LPR-based parking management solutions such as Automatic Vehicle Identification (AVI) and Pay-by-plate are eating up market share of the traditional technologies used in parking access control and revenue management.

The increase in number of vehicles worldwide, with high growth rates in emerging economies like Asia-Pacific and Latin America, are creating business potential for the parking management industry. The holistic idea of smart cities is taking off with significant momentum. There is a prime focus on spending in emerging areas such as smart transportation (AVI). These factors clearly indicate the growth potential of the parking management market in the coming years. Since the parking management market is growing rapidly, companies are increasing their product portfolio by extensive research and development, acquiring and integrating with market players possessing special expertise related to parking management.

This MarketsandMarkets report provides key insights on the market dynamics, industry trends, adoption trends, competitive landscape and end-user analysis in this market. The report speaks about the expected revenue from different types of parking sites, such as on-street and off-street. It 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) and others.

The report describes about revenues expected from the various 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. The report also analyzes market sizes and revenue forecasts across different regions.

Case Studies
T2 Systems developed a solution for the citation revenue management solution for George Mason University, Virginia. The system enabled the parking authority of George Mason University to have real-time information of the citation collection. The user of the solution was benefited with automated data management, efficiency and transparency in the parking citation collection process.

Table Of Contents 
 
1 Introduction (Page No. - 25)
  1.1 Key Take-Aways
  1.2 Report Description
  1.3 Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology
      1.5.1 Key Data Points
            1.5.1.1 Key Data Points From Secondary Sources
            1.5.1.2 Key Data Points From Primary Sources
      1.5.2 Data Triangulation And Forecasting
  1.6 Forecast Assumptions

2 Executive Summary (Page No. - 31)
  2.1 Abstract
  2.2 Overall Market Size And Forecast

3 Market Overview And Dynamics (Page No. - 34)
  3.1 Market Definition
  3.2 Market Evolution
  3.3 Industry Trends
  3.4 Market Segmentation
  3.5 Market Dynamics
      3.5.1 Drivers
            3.5.1.1 Need For Smooth Traffic Flow
            3.5.1.2 Decreasing Hardware And Connectivity Costs
            3.5.1.3 Business Benefits To The Parking Site Owners
      3.5.2 Restraints
            3.5.2.1 Cost Sensitivity Of Parking Space Operators
      3.5.3 Opportunities
            3.5.3.1 Growth In Regional Economies
            3.5.3.2 Growth Of Smart Cities
      3.5.4 Time Impact Analysis Of Market Dynamics
  3.6 Value Chain

4 Parking Management: Market Size, Analysis And Forecast By System Components And Services (Page No. - 46)
  4.1 Introduction
      4.1.1 Parking Software
            4.1.1.1 Overview
            4.1.1.2 Market Size And Forecast
            4.1.1.3 Parking Information And Management Systems
                    4.1.1.3.1 Overview
                    4.1.1.3.2 Market Size And Forecast
            4.1.1.4 Parking Payment Systems
                    4.1.1.4.1 Overview
                    4.1.1.4.2 Market Size And Forecast
      4.1.2 System Devices
            4.1.2.1 Overview
            4.1.2.2 Market Size And Forecast
            4.1.2.3 Parking Meters
                    4.1.2.3.1 Overview
                    4.1.2.3.2 Market Size And Forecast
            4.1.2.4 Handheld Ticket Writers
                    4.1.2.4.1 Overview
                    4.1.2.4.2 Market Size And Forecast
            4.1.2.5 Occupancy Sensors
                    4.1.2.5.1 Overview
                    4.1.2.5.2 Market Size And Forecast
            4.1.2.6 RFID Transponders
                    4.1.2.6.1 Overview
                    4.1.2.6.2 Market Size And Forecast
            4.1.2.7 Surveillance Cameras And DVRS
                    4.1.2.7.1 Overview
                    4.1.2.7.2 Market Size And Forecast
            4.1.2.8 Automated Gates
                    4.1.2.8.1 Overview
                    4.1.2.8.2 Market Size And Forecast
            4.1.2.9 Other Devices
                    4.1.2.9.1 Overview
                    4.1.2.9.2 Market Size And Forecast
      4.1.3 Professional Services
            4.1.3.1 Overview
            4.1.3.2 Market Size And Forecast
            4.1.3.3 Deployment And Customization
                    4.1.3.3.1 Overview
                    4.1.3.3.2 Market Size And Forecast
            4.1.3.4 Maintenance And Support
                    4.1.3.4.1 Overview
                    4.1.3.4.2 Market Size And Forecast

5 Parking Management: Market Size, Analysis And Forecast By Parking Site Types (Page No. - 77)
  5.1 Introduction
      5.1.1 On-Street Parking
            5.1.1.1 Overview
            5.1.1.2 Market Size And Forecast
      5.1.2 Off-Street Parking
            5.1.2.1 Overview
            5.1.2.2 Market Size And Forecast

6 Parking Management: Market Size, Analysis And Forecast By Solutions (Page No. - 85)
  6.1 Introduction
      6.1.1 Access Control
            6.1.1.1 Overview
            6.1.1.2 Market Size And Forecast
            6.1.1.3 Biometrics
                    6.1.1.3.1 Overview
                    6.1.1.3.2 Market Size And Forecast
            6.1.1.4 Id Management
                    6.1.1.4.1 Overview
                    6.1.1.4.2 Market Size And Forecast
            6.1.1.5 License Plate Recognition (LPR)-Based Automatic Vehicle Identification (AVI)
                    6.1.1.5.1 Overview
                    6.1.1.5.2 Market Size And Forecast
      6.1.2 Security And Surveillance
            6.1.2.1 Overview
            6.1.2.2 Market Size And Forecast
      6.1.3 Parking Fee And Revenue Management
            6.1.3.1 Overview
            6.1.3.2 Market Size And Forecast
            6.1.3.3 Coin-Based Revenue Management
                    6.1.3.3.1 Overview
                    6.1.3.3.2 Market Size And Forecast
            6.1.3.4 Smart Card-Based Revenue Management
                    6.1.3.4.1 Overview
                    6.1.3.4.2 Market Size And Forecast
            6.1.3.5 Pay-By-Plate
                    6.1.3.5.1 Overview
                    6.1.3.5.2 Market Size And Forecast
      6.1.4 Parking Reservation Management
            6.1.4.1 Overview
            6.1.4.2 Market Size And Forecast
      6.1.5 Valet Parking Management
            6.1.5.1 Overview
            6.1.5.2 Market Size And Forecast
      6.1.6 Parking Enforcement And Permit Management
            6.1.6.1 Overview
            6.1.6.2 Market Size And Forecast
      6.1.7 Parking Guidance And Slot Management
            6.1.7.1 Overview
            6.1.7.2 Market Size And Forecast

7 Parking Management: Market Size, Analysis And Forecast By Industry Verticals (Page No. - 118)
  7.1 Introduction
  7.2 Market Size And Forecasts
      7.2.1 Academia
            7.2.1.1 Overview
            7.2.1.2 Market Size And Forecast
      7.2.2 Government And Municipalities
            7.2.2.1 Overview
            7.2.2.2 Market Size And Forecast
      7.2.3 Transportation
            7.2.3.1 Overview
            7.2.3.2 Market Size And Forecast
      7.2.4 Recreation
            7.2.4.1 Overview
            7.2.4.2 Market Size And Forecast
      7.2.5 Healthcare
            7.2.5.1 Overview
            7.2.5.2 Market Size And Forecast
      7.2.6 Hospitality
            7.2.6.1 Overview
            7.2.6.2 Market Size And Forecast
      7.2.7 Retail
            7.2.7.1 Overview
            7.2.7.2 Market Size And Forecast
      7.2.8 Corporate And Commercial Parks
            7.2.8.1 Overview
            7.2.8.2 Market Size And Forecast
      7.2.9 BFSI
            7.2.9.1 Overview
            7.2.9.2 Market Size And Forecast
      7.2.10 Others
             7.2.10.1 Overview
             7.2.10.2 Market Size And Forecast

8 Parking Management: Market Size, Analysis And Forecast By Regions (Page No. - 143)
  8.1 Introduction
      8.1.1 Parfait Chart
      8.1.2 Regional Market Lifecycle
  8.2 North America
      8.2.1 Overview
      8.2.2 Market Size And Forecast By Components And Services
            8.2.2.1 Market Size And Forecast By Parking Software
            8.2.2.2 Market Size And Forecast By System Devices
            8.2.2.3 Market Size And Forecast By Professional Services
      8.2.3 Market Size And Forecast By Parking Site Types
      8.2.4 Market Size And Forecast By Solutions
      8.2.5 Market Size And Forecast By Industry Verticals
  8.3 Asia-Pacific (APAC)
      8.3.1 Overview
      8.3.2 Market Size And Forecast By Components And Services
            8.3.2.1 Market Size And Forecast By Parking Software
            8.3.2.2 Market Size And Forecast By System Devices
            8.3.2.3 Market Size And Forecast By Professional Services
      8.3.3 Market Size And Forecast By Parking Site Types
      8.3.4 Market Size And Forecast By Solutions
      8.3.5 Market Size And Forecast By Industry Verticals
  8.4 Europe
      8.4.1 Overview
      8.4.2 Market Size And Forecast By Components And Services
            8.4.2.1 Market Size And Forecast By Parking Software
            8.4.2.2 Market Size And Forecast By System Devices
            8.4.2.3 Market Size And Forecast By Professional Services
      8.4.3 Market Size And Forecast By Parking Site Types
      8.4.4 Market Size And Forecast By Solutions
      8.4.5 Market Size And Forecast By Industry Verticals
  8.5 Latin America
      8.5.1 Overview
      8.5.2 Market Size And Forecast By Components And Services
            8.5.2.1 Market Size And Forecast By Parking Software
            8.5.2.2 Market Size And Forecast By System Devices
            8.5.2.3 Market Size And Forecast By Professional Services
      8.5.3 Market Size And Forecast By Parking Site Types
      8.5.4 Market Size And Forecast By Solutions
      8.5.5 Market Size And Forecast By Industry Verticals
  8.6 Middle East And Africa (MEA)
      8.6.1 Overview
      8.6.2 Market Size And Forecast By Components And Services
            8.6.2.1 Market Size And Forecast By Parking Software
            8.6.2.2 Market Size And Forecast By System Devices
            8.6.2.3 Market Size And Forecast By Professional Services
      8.6.3 Market Size And Forecast By Parking Site Types
      8.6.4 Market Size And Forecast By Solutions
      8.6.5 Market Size And Forecast By Industry Verticals

9 Parking Management: Market Landscape (Page No. - 206)
  9.1 Competitive Landscape
      9.1.1 Ecosystem And Roles
      9.1.2 Portfolio Comparison
  9.2 End User Landscape
      9.2.1 Market Opportunity Analysis
      9.2.2 End User Analysis
            9.2.2.1 New Car Registrations Worldwide
            9.2.2.2 Parking Spaces Worldwide

10 Company Profiles (Mnm View, Overview, Products & Services, Financials, SWOT Analysis And Strategy & Analyst Insights)* (Page No. - 211)
   10.1 Affiliated Computer Services, Inc.
   10.2 3M
   10.3 Siemens AG
   10.4 HCL Technologies Ltd.
   10.5 Cubic Corporation
   10.6 Kapsch
   10.7 Vodafone Group Plc
   10.8 T2 Systems Inc
   10.9 Skidata AG
   10.10 Rydin Decal
   10.11 Passport Parking, Llc
   10.12 Streetline
   10.13 Amano Corporation
   10.14 Libelium Comunicaciones Distribuidas S.L.
   10.15 Scheidt & Bachmann
   *Details On Marketsandmarkets View, Overview, Products & Services, Financials, Swot Analysis And Strategy & Analyst Insights Might Not Be Captured In Case Of       
Unlisted Companies. 
   10.16 Other Key Innovators
         10.16.1 Nedap AVI
         10.16.2 TCS International
         10.16.3 Complus Data Innovations, Inc.
         10.16.4 Integrapark, Llc
         10.16.5 Transcore
         10.16.6 Netpark, Llc
         10.16.7 Group Techna, Inc.
         10.16.8 Data Ticket, Inc.
         10.16.9 Parkopedia
         10.16.10 EDC Corporation
   10.17 Mergers And Acquisitions (M&A)
   10.18 Venture Capital (VC) Funding Analysis
   10.19 Social Trends
 
 
List Of Tables (171 Tables) 
 
Table 1 Parking Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 2 Parking Management Market Revenue, By System Components And Services, 2013 – 2018 ($Billion)
Table 3 Parking Management By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 4 Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 5 Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 6 Parking Information And Management Systems Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 7 Parking Information And Management Systems Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 8 Parking Payment Systems Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 9 Parking Payment Systems Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 10 System Devices Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 11 System Devices Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 12 Parking Meters Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 13 Parking Meters Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 14 Handheld Ticket Writers Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 15 Handheld Ticket Writers Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 16 Occupancy Sensors Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 17 Occupancy Sensors Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 18 RFID Transponders Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 19 RFID Transponders Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 20 Surveillance Cameras And DVRS Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 21 Surveillance Cameras And DVRS Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 22 Automated Gates Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 23 Automated Gates Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 24 Other Devices Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 25 Other Devices Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 26 Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 27 Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 28 Deployment And Customization Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 29 Deployment And Customization Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 30 Maintenance And Support Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 31 Maintenance And Support Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 32 Parking Management Market Revenue, By Parking Site Types, 2013 – 2018 ($Billion) 
Table 33 Parking Management By Parking Site Types, 2013 – 2018, Y-O-Y (%) 
Table 34 On-Street Parking Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 35 On-Street Parking Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 36 Off-Street Parking Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 37 Off-Street Parking Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 38 Parking Management Market Revenue, By Solution Types, 2013 – 2018 ($Million) 
Table 39 By Solution Types, 2013 – 2018, Y-O-Y (%)
Table 40 Access Control Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 41 Access Control Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 42 Access Control Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 43 Access Control Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 44 Biometrics Access Control Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 45 Biometrics Access Control Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 46 Id Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 47 Id Management Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 48 LPR-Based Automatic Vehicle Identification Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 49 LPR-Based Automatic Vehicle Identification Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 50 Security And Surveillance Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 51 Security And Surveillance Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 52 Parking Fee And Revenue Management Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 53 Parking Fee And Revenue Management Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 54 Parking Fee And Revenue Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 55 Parking Fee And Revenue Management Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 56 Coin-Based Revenue Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 57 Coin-Based Revenue Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 58 Smart Card-Based Revenue Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 59 Smart Card-Based Revenue Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 60 Pay-By-Plate Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 61 Pay-By-Plate Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 62 Parking Reservation Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 63 Parking Reservation Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 64 Valet Parking Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 65 Valet Parking Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 66 Parking Enforcement And Permit Management Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 67 Parking Enforcement And Permit Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 68 Parking Guidance And Slot Management Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 69 Parking Guidance And Slot Management Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 70 Parking Management Market Revenue, By Industry Verticals, 2013 – 2018 ($Million) 
Table 71 By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Table 72 Academia Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 73 Academia Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 74 Government And Municipalities Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 75 Government And Municipalities Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 76 Transportation Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 77 Transportation Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 78 Recreation Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 79 Recreation Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 80 Healthcare Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 81 Healthcare Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 82 Hospitality Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 83 Hospitality Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 84 Retail Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 85 Retail Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 86 Corporate And Commercial Parks Market Revenue, By Regions, 2013 – 2018 ($Million) 
Table 87 Corporate And Commercial Parks Market, By Regions, 2013 – 2018, Y-O-Y (%) 
Table 88 BFSI Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 89 BFSI Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 90 Others Market Revenue, By Regions, 2013 – 2018 ($Million)
Table 91 Others Market, By Regions, 2013 – 2018, Y-O-Y (%)
Table 92 North America Parking Management Market Revenue, By System Components And Services, 2013 – 2018 ($Million) 
Table 93 North America Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 94 North America Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 95 North America Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 96 North America System Devices Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 97 North America System Devices Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 98 North America Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 99 North America Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 100 North America Market Revenue, By Parking Site Types, 2013 – 2018 ($Million) 
Table 101 North America Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%)
Table 102 North America Market Revenue, By Solution Types, 2013 – 2018 ($Million) 
Table 103 North America Market, By Solution Types, 2013 – 2018, Y-O-Y (%)
Table 104 North America Market Revenue, By Industry Verticals, 2013 – 2018 ($Million) 
Table 105 North America Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Table 106 APAC Parking Revenue, By System Components And Services, 2013 – 2018 ($Million) 
Table 107 APAC Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 108 APAC Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 109 APAC Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 110 APAC System Devices Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 111 APAC System Devices Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 112 APAC Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 113 APAC Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 114 APAC Market Revenue, By Parking Site Types, 2013 – 2018 ($Million) 
Table 115 APAC Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%) 
Table 116 APAC Market Revenue, By Solution Types, 2013 – 2018 ($Million)
Table 117 APAC Market, By Solution Types, 2013 – 2018, Y-O-Y (%) 
Table 118 APAC Market Revenue, By Industry Verticals, 2013 – 2018 ($Million)
Table 119 APAC Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Table 120 Europe Market Revenue, By System Components And Services, 2013 – 2018 ($Million)
Table 121 Europe Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 122 Europe Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 123 Europe Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 124 Europe System Devices Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 125 Europe System Devices Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 126 Europe Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 127 Europe Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 128 Europe Market Revenue, By Parking Site Types, 2013 – 2018 ($Million)
Table 129 Europe Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%) 
Table 130 Europe Market Revenue, By Solution Types, 2013 – 2018 ($Million)
Table 131 Europe Market, By Solution Types, 2013 – 2018, Y-O-Y (%) 
Table 132 Europe Market Revenue, By Industry Verticals, 2013 – 2018 ($Million)
Table 133 Europe Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%)
Table 134 Latin America Market Revenue, By System Components And Services, 2013 – 2018 ($Million)
Table 135 Latin America Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 136 Latin America Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 137 Latin America Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 138 Latin America System Devices Market Revenue, By Types, 2013 – 2018 ($Million)
Table 139 Latin America System Devices Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 140 Latin America Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 141 Latin America Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 142 Latin America Market Revenue, By Parking Site Types, 2013 – 2018 ($Million) 
Table 143 Latin America Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%)
Table 144 Latin America Market Revenue, By Solution Types, 2013 – 2018 ($Million) 
Table 145 Latin America Market, By Solution Types, 2013 – 2018, Y-O-Y (%)
Table 146 Latin America Market Revenue, By Industry Verticals, 2013 – 2018 ($Million) 
Table 147 Latin America Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Table 148 MEA Market Revenue, By System Components And Services, 2013 – 2018 ($Million) 
Table 149 MEA Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Table 150 MEA Parking Software Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 151 MEA Parking Software Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 152 MEA System Devices Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 153 MEA System Devices Market, By Types, 2013 – 2018, Y-O-Y (%)
Table 154 MEA Professional Services Market Revenue, By Types, 2013 – 2018 ($Million) 
Table 155 MEA Professional Services Market, By Types, 2013 – 2018, Y-O-Y (%) 
Table 156 MEA Parking Management Market Revenue, By Parking Site Types, 2013 – 2018 ($Million)
Table 157 MEA Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%) 
Table 158 MEA Market Revenue, By Solution Types, 2013 – 2018 ($Million)
Table 159 MEA Market, By Solution Types, 2013 – 2018, Y-O-Y (%) 
Table 160 MEA Market Revenue, By Industry Verticals, 2013 – 2018 ($Million)
Table 161 MEA Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Table 162 3M: Revenue, 2011 – 2012 ($Million)
Table 163 Siemens: Revenue, 2011 – 2012 ($Million)
Table 164 HCL: Revenue, 2011 – 2012 ($Million)
Table 165 Cubic Corporation: Revenue, 2011 – 2012 ($Million)
Table 166 Kapsch: Revenue, 2011 – 2012 ($Million)
Table 167 Vodafone: Revenue, 2011 – 2012 ($Million)
Table 168 Skidata: Revenue, 2012 ($Million)
Table 169 Amano: Revenue, 2011 – 2012 ($Million)
Table 170 Parking Management Market: Impact Analysis Of Mergers And Acquisitions
Table 171 Parking Management Market: Venture Capital Funding Analysis
 
 
List Of Figures (38 Figures) 
 
Figure 1 Parking Management Market Segmentation, By Types
Figure 2 Parking Management Market Revenue, 2013 – 2018 ($Million), Y-O-Y (%) 
Figure 3 Parking Management: Market Evolution
Figure 4 Parking Management Market: Drivers And Restraints
Figure 5 Parking Management Market: Opportunities
Figure 6 Parking Management Market: Time Impact Analysis Of Dro
Figure 7 Parking Management Market: Value Chain
Figure 8 Parking Management Market Revenue, By System Components And Services, 2013 – 2018 ($Billion)
Figure 9 Parking Management Market, By System Components And Services, 2013 – 2018, Y-O-Y (%)
Figure 10 Market Revenue, By Parking Site Types, 2013 – 2018 ($Billion)
Figure 11 Parking Management Market, By Parking Site Types, 2013 – 2018, Y-O-Y (%) 
Figure 12 Parking Management Market Revenue, By Solution Types, 2013 – 2018 ($Million) 
Figure 13 Parking Management Market, By Solutions Types, 2013 – 2018, Y-O-Y (%) 
Figure 14 Parking Management Market Revenue, By Industry Verticals, 2013 – 2018 ($Million)
Figure 15 Parking Management Market, By Industry Verticals, 2013 – 2018, Y-O-Y (%) 
Figure 16 Region Wise Parking Management Market - Parfait Chart
Figure 17 Parking Management: Regional Market Lifecycle, 2013 – 2018 (%) 
Figure 18 Parking Management Market: Ecosystem And Roles
Figure 19 Parking Management Market: Portfolio Comparison
Figure 20 Parking Management Market: Opportunity Plot For Industry Verticals, 2013 - 2018
Figure 21 New Car Registrations, By Regions, 2013 (Millions)
Figure 22 Parking Management Market: Proportion Of Global Non-Free Parking Spaces, By Regions, 2012 (%)
Figure 23 Affiliated Computer Services: SWOT Analysis
Figure 24 3M: SWOT Analysis
Figure 25 Siemens: SWOT Analysis
Figure 26 HCL: SWOT Analysis
Figure 27 Cubic: SWOT Analysis
Figure 28 Kapsch: SWOT Analysis
Figure 29 Vodafone: SWOT Analysis
Figure 30 T2 Systems: SWOT Analysis
Figure 31 Skidata: SWOT Analysis
Figure 32 Rydin Decal: SWOT Analysis
Figure 33 Passport Parking: SWOT Analysis
Figure 34 Streetline: SWOT Analysis
Figure 35 Amano: SWOT Analysis
Figure 36 Libelium: SWOT Analysis
Figure 37 Scheidt & Bachmann: SWOT Analysis
Figure 38 Parking Management Market: Social Trends

The rapid growth in the number of vehicles worldwide is intensifying the problem of the scarcity of parking space. Again according to industry data, 30% of traffic congestion occurs due to vehicle drivers struggling to find parking space. These in turn are magnifying the necessity of smart and efficient parking systems. Today’s intelligent parking management systems are capable of providing extreme level of convenience to the drivers, as well as simplifying and automating the business operation and administrative functions of the parking site owners.

The systems are apt for the smart transportation environment. It automates and smartens the functions by providing solutions such as access control, revenue management, parking enforcement and permit management, security and surveillance, automated valet parking, and parking guidance and slot management. These solutions result in efficient parking management in terms of automating and easing parking payment method for the vehicle drivers, saving their time, and also increasing vehicle holding capacity of the parking garage.

The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for business. The ongoing and upcoming smart city projects worldwide will create room for the intelligent parking management systems. The global industry is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.1% from 2013 to 2018. 

The market is estimated to be at $4.19 billion in 2013. The market is expected to grow in tandem with the growth in vehicle ownerships and parking facilities development. Need for smooth traffic flow, business benefits to the parking site operators, and decreasing hardware and connectivity costs are the key drivers for the industry.

Overall Market Size and Forecast

Parking Management Market Revenue, By Regions, 2013 – 2018 ($Million)

Parking Management Market
Source: MarketsandMarkets Analysis

The table given above highlights the expected revenue across various regions, from 2013 to 2018. The global market is estimated to grow from $4,189.9 million in 2013 to $7,430.1 million by 2018 at a CAGR of 12.1% from 2013 to 2018.

Parking Management Market Revenue,
2013 – 2018 ($Million), Y-O-Y (%)

Parking Management Market

Source: MarketsandMarkets Analysis

The figure given above highlights the Y-o-Y growth rate of the global parking management market, and the expected revenue across various regions, from 2013 to 2018. The global market is expected to exhibit Y-o-Y growth from 12.80% to 11.56% for the period of 2013 to 2018. The North America parking management market is estimated to grow from $1,517.6 million in 2013 to $2,255.0 million in 2018 at a CAGR of 8.2% from 2013 to 2018.

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