Parking Management Market Analysis, Trends & Opportunities| Whipsmartmi

Parking Management Market is projected to grow up to USD 7.1 billion by 2027 growing at a CAGR of 8.5 % during the forecasting period 2021-2027.

The transportation system relies heavily on parking. The ease with which one may approach a destination is influenced by the availability of parking, which impacts the total accessibility. Parking Management is concerned with the management and utilisation of the resources available for parking automobiles in an effective and comprehensive manner. Parking of automobiles has become more difficult as a result of urbanisation and the creation of infrastructure in metro areas, tier 2 and tier 3 cities, and small towns. Additionally, because of an increase in the number of car users, the available parking space does not accommodate a huge number of automobiles. Parking management also aids in the development of more convenient and efficient land use patterns, as well as the accomplishment of other land use planning objectives.

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The  Parking Management Market report has been categorized as below

By offering

• Solutions

  • Parking Guidance Solution

  • Parking Reservation Management

  • Parking Permit Management

  • Parking Enforcement Management

  • Parking Access and Revenue Control (PARC)

  •  Parking Security and Surveillance

  • Parking Analytics

• Services

  • Professional Service

    • Consulting and Training

    • System Integration and Deployment

    • Support and Maintenance

  • Managed Service

By parking site

• Off-street Parking

• On-street Parking

By deployment type

• Cloud

• On-premises

By Region

• North America

• Europe

• Asia Pacific

• Rest of World

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