Parking Management Market

Group Indigo (France) and Siemens (Germany) are leading players in Parking Management Market

MarketsandMarkets forecasts the global Parking Management Market size to grow from USD 4.4 billion in 2023 to USD 6.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. This growth is fueled by the growing popularity of improved parking availability, enhanced security, and growing demand for smart parking.

The major Parking Management include Group Indigo (France), Amano (Japan), Siemens (Germany), Bosch Group (Germany), Atos (France), SWARCO (Austria), SKIDATA (Austria), Chetu (US), Precise Parklink (Canada), FlashParking (US), Passport Labs (US), SpotHero (US), Get My Parking (India), INRIX (US), IPS Group (US), Smart Parking (Australia), TIBA Parking Systems (Israel), Q-Free (Norway), Streetline (US), ParkOffice (US), Urbiotica (Spain), and CivicSmart (US). These companies adopt various strategies, including product launches and enhancements; and partnerships, agreements, and collaborations, to cater to the growing demand for parking management globally and strengthen their position in the market.

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Group Indigo is a publicly held company founded in 1964 and headquartered in Puteaux, France. The company is a world leader in parking and individual mobility services. The company has a significant presence on three continents, with offices across 750 cities. It provides services in all parking segments: on-street, off-street, and shared private car parks. The group works with all industry verticals, such as hospitals, shopping malls, train stations, airports, and universities, along with the local authorities to design, build, finance, and operate on-street and off-street parking solutions based on owner-occupied, concession, and lease and management contracts. OPnGO, a digital solution, offers all parking services via a single application. This application connects all the car parks in the city, thus allowing users to book their parking spaces ahead of their trip for a competitive price. This digital solution is present in four European countries: France, Belgium, Spain, and Luxembourg.

Siemens, a publicly held company, was founded in 1847 and is headquartered in Munich, Germany. It is a globally operating technology organization focusing on electrification, automation, and digitalization. Siemens offers rail, road, and intermodal solutions to enhance the transportation systems under the Siemens Mobility division. In the parking management market space, Siemens mobility division offers various parking solutions, such as truck parking, parking space management, and intelligent parking solutions. The company’s parking management portfolio offers valuable tools for parking space management for both cars and trucks.

Related Reports:

Parking Management Market by Offering (Solutions (Parking Guidance, Parking Reservation Management) and Services (Professional Services and Managed Services)), Parking Site (Off-Street and On-Street), Application and Region - Global Forecast to 2028

Mr. Aashish Mehra
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Parking Management Market Size,  Share & Growth Report
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