Smart Parking Market Overview:

The research report includes a thorough research analysis of the Smart Parking Market that gives information on the market size and trends in industry growth for the anticipated year. This study evaluates key market elements like the demand landscape, driving factors, and growth strategies of players in the sector. By calculating market sizes for various industries and regions in previous years, the study's goal is to anticipate market sizes for the following eight years. The report is structured to include both qualitative and quantitative aspects of the sector in each of the study's regions and nations.

The research study also includes in-depth data on critical subjects including the factors and obstacles that will affect the future development of the Smart Parking Market. Along with a full analysis of the competitive landscape and the main rivals' product offerings, the study will also explore potential for stakeholders to invest in micro markets.

“According to SNS Insider, the Smart Parking Market size was estimated at US$ 6.3 Bn in 2022, and is expected to reach US$ 31.73 Bn by 2030, with a growing healthy CAGR of 22.4% over the forecast period 2023-2030.”

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Key Players:

The prominent market players are Amano McGann, Inc., Continental AG, Dongyang Menics Co., Ltd, IEM SA, IPS Group Inc., Klaus Multiparking Systems, Robert Bosch GmbH, Smart Parking Limited, Flowbird, Swarco AG, Urbiotica, SKIDATA AG, and others.

Market Segmentation

The study includes an extensive and in-depth examination of the market with a focus on developments in the international marketplace. The study's goal is to give readers a broad overview of the industry as well as a thorough breakdown of the market by type, end use, and area. Important market data, important industry trends and growth prospects, and data on the competition in the Smart Parking Market are all included in the report. To give a thorough overview of the sector, the study combines qualitative and quantitative data. It gives a broad overview of the global market and forecasts for important market segments.

Market Segmentation & Sub-segmentation included are:

By Type

  • off-street
  • on-street

By Technology

  • IoT
  • Ultrasonic
  • RFID

By Service

  • Consulting Service
  • Engineering Service
  • Mobile App Parking Service

By Application

  • security & surveillance
  • smart payment system
  • E-parking
  • license plate recognition

By End-user

  • Commercial
  • Government

Regional Analysis

Based on current market data, the study's goal is to anticipate future market sizes for particular categories and regions. The Smart Parking Market research is designed to cover both qualitative and quantitative information of the industry in each of the study's locations and countries. The study also offers in-depth analysis of critical areas like driving forces and barriers that will influence the market's future growth. Additionally, the study will give stakeholders easy access to micro market investment opportunities and conduct a thorough analysis of the competitive environment and key competitors' product lineups.

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Competitive Outlook

In order to help companies break into the Smart Parking Market, the research also provides company profiles, SWOT assessments, and market strategies. The study also includes information on significant market participants, including company profiles, a list of products and services supplied, financial figures, and key events. These essential insights might help market participants reevaluate their present plans and create new ones.

Table of Contents

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  • COVID-19 Impact Analysis
  • Impact of Ukraine- Russia war
  • Impact of Ongoing Recession on Major Economies
  1. Value Chain Analysis
  2. Porter’s 5 Forces Model
  3. PEST Analysis
  4. Smart Parking Market Segmentation, By Type
  5. Smart Parking Market Segmentation, By Technology
  6. Smart Parking Market Segmentation, By Service
  7. Smart Parking Market Segmentation, By Application
  8. Smart Parking Market Segmentation, By End-User
  9. Regional Analysis
  10. Company Profiles
  11. Competitive Landscape
  12. Conclusion

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Akash Anand – Head of Business Development & Strategy

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About Us

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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