TMCnet - World's Largest Communications and Technology Community



Global Smart Parking Systems Market Anticipated to Surge at a CAGR of 20.2% during the Forecast Period of 2015 - 2022
[July 13, 2017]

Global Smart Parking Systems Market Anticipated to Surge at a CAGR of 20.2% during the Forecast Period of 2015 - 2022

The astounding amount of vehicles plying on roads around the globe calls for advanced systems for parking. Traffic and parking issues are on the rise and people are able to space for both. This is creating a huge level of discomfort and fuel wastage. Parking has therefore become a big concern for both developed and developing nations, thus smart parking systems is emerging as a solution to this serious problem. Considering this aspect, a new research report with a title “Smart Parking Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022” has been recently added to the huge online repository of Market Research Reports Search Engine (MRRSE). This report on smart parking systems market analyzes the current status as well as future prospects of the market across the globe.

Request for sample report: The global smart parking systems market is expected to rise at a high CAGR of 20.2% from 2015 to 2022. At this pace, the market will a value of US$177.1 million by 2022 from US$59.7 million by the end of 2016. The report studies the factors that drive and restrain the demand of the smart parking systems market. The report also identifies growth opportunities, ongoing market trends, and key strategies increasing the popularity of smart parking systems market.

It also includes a market estimates and forecasts for each segment in terms of revenue and volume. The global smart parking systems market is classified based on parking site types as off-street parking and on-street parking. The market is also divided on the basis of components which include software, sensor and network hardware, and services. This market report entails complete insight into various application areas of the smart parking systems market, which includes government and municipalities, airports, corporate and commercial institutions. Geographically, the report segments the global smart parking systems market into Asia Pacific, North America, Europe, the Middle East and Africa (MEA), and Latin America. These regions are analyzed in terms of revenue generation.

The report also covers profiles of key players operating in the smart parking systems. Major business strategies adopted by these players, their market positioning, and major recent developments are also identified within the research report. Besides this, market positioning of key players in the smart parking systems market has also been provided. The major players in the smart parking systems market include ParkMe, Inc., Streetline, Inc., Cisco Systems, Inc., Urbiotica, Skidata AG, Swarco AG, Smart Parking Ltd, Nedap N.V., Amano McGann, Inc. and Parkmobile, LLC.

Browse Full Report: About Us Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.  MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact State Tower  90, State Street  Suite 700  Albany, NY - 12207  United States Telephone: +1-518-730-0559  Email: Website:

As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments.

[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy