Emergen Research’s latest document, titled ‘Global Parking Management Market’ is one of the most sought-after market reports involving an in-depth analysis of the global Parking Management market. The report’s authors have offered necessary details on the latest Parking Management market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Parking Management industry entails useful insights into the estimated Parking Management market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’ key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans.

The global parking management market size reached USD 3.77 Billion in 2020 and is expected to register a CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. Increasing need for more effective use of parking areas is expected to drive global parking management market revenue growth during the forecast period. In addition, rising number of vehicles globally is expected to propel growth of the global parking management market revenue going ahead. Furthermore, increasing adoption of Artificial Intelligence (AI) based services is expected to boost global parking management market growth.

The global Parking Management market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.

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Market Scope:

The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Parking Management market players. One of the report’s central components is the broad Parking Management market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders.

Leading Players Profiled in the Report:

Amano Corporation, Siemens AG, Conduent Inc., T2 Systems, Inc., APCOA Parking AG, IPS Group, Inc., FlashParking, Inc., Q-Free ASA, ParkMobile USA, Inc., Cleverciti Systems GmbH

Based on the product type, the Parking Management market is segmented into:

• Offering Outlook (Revenue, USD Billion; 2018–2028)

  • Services
  • Solutions

• Service Outlook (Revenue, USD Billion; 2018–2028)

  • Support Maintenance
  • System Integration
  • Consulting

• Solution Outlook (Revenue, USD Billion; 2018–2028)

  • Security Surveillance
  • Valet Parking
  • Parking Reservation
  • Revenue Management
  • Access Control
  • Others

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Key geographical areas:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East Africa

Key questions addressed in the report:

• What are the key factors driving the global Parking Management market?
• Who are the key manufacturers in this market space?
• Who are the distributors, traders and dealers of this market?
• What are the market opportunities and risks affecting the performance of the vendors in the global Parking Management market?
• What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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