Global Parking Management Market 2017-2021

NEW YORK, Jan. 24, 2017 /PRNewswire/ --

About Parking Management
Parking management systems help people find parking spots quickly and provide necessary guidelines to make the whole process smooth, reducing frustration and enhancing the visitor experience. Parking management systems comprise traveler information systems, real-time vehicle counting, real-time parking guidance display, video surveillance, and easy payment options. Some advanced parking management systems allow users to reserve and pay for a parking space via telephone or the internet.

Technavio's analysts forecast the global parking management market to grow at a CAGR of 14.44% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global parking management market for 2017-2021. To calculate the market size, the report considers the revenue generated from the applications in government, business, and transport, parking facilities: off-street and on-street, and categories such as revenue management, security and surveillance, access control, reservation management, valet facility management, and others.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Parking Management Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Amano McGann
- Kapsch
- Siemens
- SKIDATA
- Xerox

Other prominent vendors
- 3M
- Cisco
- Cisco Jasper
- Deutsche Telekom
- Gemalto
- HCL
- IBM
- IPS Group
- MSR-Traffic
- Nedap Mobility Solutions
- Orange Business Services
- Oti (PARX)
- Parkeon
- ParkHelp
- ParkMe (INRIX)
- Parkmobile
- Parkopedia
- Q-Park
- Serco
- Sierra Wireless
- Smart Parking
- SWARCO
- Synapt (Prodapt Solutions)
- T2 SYSTEMS
- Telensa
- Urbiotica
- Vodafone
- Worldsensing

Market driver
- Adoption of wireless connectivity
- For a full, detailed list, view our report

Market challenge
- High maintenance costs
- For a full, detailed list, view our report

Market trend
- Outsourcing of parking operations
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.



Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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