Smart Parking Market Report by System (Guided Park Assist System, Smart Park Assist System), Technology (Ultrasonic, RFID, IoT), Component (Hardware, Software, Services), Solution (Security and Surveillance, Valet and Parking Reservation, License Plate Recognition), Vertical Type (Government and Municipalities, Commercial Institutions, Transport Facilities), Parking Site (Off-Street Parking, On-Street Parking), and Region 2024-2032
The global smart parking market size reached US$ 5.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.8 Billion by 2032, exhibiting a growth rate (CAGR) of 11.3% during 2024-2032. The market is growing rapidly driven by rapid urbanization and increasing number of vehicles, recent technological advancements, imposition of various government initiatives, rising environmental concerns, and increasing focus on consumer convenience and time savings.
Smart Parking Market Trends:
Rapid urbanization and increasing number of vehicles
Rapid urbanization is a pivotal factor driving the growth of the smart parking market. Cities across the globe are facing the challenge of accommodating an ever-increasing number of vehicles, leading to congested roads and a shortage of parking spaces. In line with this, smart parking systems provide a solution by optimizing the use of available spaces. They use technologies like sensor systems, digital signage, and real-time data analytics to inform drivers about available parking spots, thereby reducing the time spent searching for parking. It not only eases traffic congestion but also contributes to a more organized urban environment. Additionally, smart parking technologies allow for the maximization of parking space utility, accommodating more vehicles in less space through automated parking solutions and well-planned layouts.
Recent technological advancements
The adoption of the Internet of Things (IoT) technology, which enables the integration of sensors and devices in parking areas, allowing for real-time monitoring and management of parking spaces, is boosting the market growth. Furthermore, the utilization of artificial intelligence (AI) and machine learning (ML) algorithms to predict parking patterns and suggest optimal management strategies is positively influencing the market growth. Besides this, the introduction of automated parking systems, where vehicles can be parked using robotic systems, maximizing space utilization and reducing the need for human intervention, is bolstering the market growth. Moreover, the continual evolution of these technologies promises further enhancements in smart parking systems, such as better user interfaces, more accurate predictions, and seamless integration with other smart technologies.
Imposition of various government initiatives
Governments are actively promoting smart city projects, which often include smart parking solutions as a key component. These initiatives are driven by the need to address urban challenges, such as traffic congestion, environmental concerns, and the efficient use of urban space. Furthermore, governments provide support in various forms, including funding, policy formulation, and regulatory frameworks that encourage the adoption of smart parking technologies. Additionally, the introduction of policies that prioritize the allocation of urban space for smart parking facilities and the inclusion of smart parking systems in new commercial developments is boosting the market growth. Moreover, the involvement of the public sector ensures that smart parking systems are aligned with broader urban planning and sustainability goals, making them integral to the future of urban development.
Rising environmental concerns
Environmental concerns are increasingly influencing the adoption of smart parking solutions. Conventional parking methods often lead to excessive fuel consumption as drivers circle around, looking for available spaces, contributing to increased emissions and air pollution. Smart parking systems address this issue by significantly reducing the time and distance drivers spend searching for parking. It leads to lower fuel consumption and, consequently, a decrease in vehicular emissions. Furthermore, smart parking can be integrated with eco-friendly practices, such as electric vehicle (EV) charging stations, promoting the use of cleaner energy sources. Moreover, the data collected from smart parking systems can also be utilized for environmental analysis, helping city planners in designing more sustainable urban spaces.
Increasing focus on consumer convenience and time savings
The aspect of consumer convenience and time savings is a significant factor driving the market growth. Smart parking systems provide real-time information on parking availability, either through mobile apps or digital signage, allowing drivers to directly navigate to available spots. Furthermore, they offer automated, cashless payment options, which adds to the ease of the parking experience. Additionally, the predictability and reduced stress associated with finding a parking space enhance the overall user experience. It is not just a boon for individual drivers but also for businesses, as it can increase the accessibility and attractiveness of commercial areas. Moreover, the rising consumer expectations for seamless and efficient services is facilitating the demand for smart parking solutions as they offer time-saving and convenient features.
Smart Parking Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on system, technology, component, solution, vertical type, and parking site.
Breakup by System:
Guided Park Assist System
Smart Park Assist System
Guided park assist system accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the system. This includes guided park assist system and smart park assist system. According to the report, guided park assist system represented the largest segment.
Breakup by Technology:
Ultrasonic
RFID
IoT
Ultrasonic holds the largest share in the industry
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes ultrasonic, RFID, and IoT. According to the report, ultrasonic accounted for the largest market share.
Breakup by Component:
Hardware
Software
Services
Hardware represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware, software, and services. According to the report, hardware represented the largest segment.
Breakup by Solution:
Security and Surveillance
Valet and Parking Reservation
License Plate Recognition
Security and surveillance exhibit a clear dominance in the market
A detailed breakup and analysis of the market based on the solution have also been provided in the report. This includes security and surveillance, valet and parking reservation, and license plate recognition. According to the report, security and surveillance accounted for the largest market share.
Breakup by Vertical Type:
Government and Municipalities
Commercial Institutions
Transport Facilities
Commercial institutions dominate the market
The report has provided a detailed breakup and analysis of the market based on the vertical type. This includes government and municipalities, commercial institutions, and transport facilities. According to the report, commercial institutions represented the largest segment.
Breakup by Parking Site:
Off-Street Parking
On-Street Parking
Off-street parking is the predominant market segment
A detailed breakup and analysis of the market based on the parking site have also been provided in the report. This includes off-street parking and on-street parking. According to the report, off-street parking accounted for the largest market share.
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
North America leads the market, accounting for the largest smart parking market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Valeo S.A.
Continental AG
Robert Bosch GmbH
Kapsch TrafficCom AG
Cubic Corporation
TKH Group
Cisco Systems Inc.
ParkMe Inc.
Urbiotica
Skidata AG
Amano McGann Inc.
Swarco AG
Smart Parking Ltd
Nedap N.V.
Delphi Automotive PLC
Aisin Corporation
Siemens AG
Xerox Corporation
Key Questions Answered in This Report
1. What was the size of the global smart parking market in 2023?
2. What is the expected growth rate of the global smart parking market during 2024-2032?
3. What are the key factors driving the global smart parking market?
4. What has been the impact of COVID-19 on the global smart parking market?
5. What is the breakup of the global smart parking market based on the system?
6. What is the breakup of the global smart parking market based on the technology?
7. What is the breakup of the global smart parking market based on the component?
8. What is the breakup of the global smart parking market based on the solution?
9. What is the breakup of the global smart parking market based on the vertical type?
10. What is the breakup of the global smart parking market based on the parking site?
11. What are the key regions in the global smart parking market?
12. Who are the key players/companies in the global smart parking market?
Smart Parking Market Trends:
Rapid urbanization and increasing number of vehicles
Rapid urbanization is a pivotal factor driving the growth of the smart parking market. Cities across the globe are facing the challenge of accommodating an ever-increasing number of vehicles, leading to congested roads and a shortage of parking spaces. In line with this, smart parking systems provide a solution by optimizing the use of available spaces. They use technologies like sensor systems, digital signage, and real-time data analytics to inform drivers about available parking spots, thereby reducing the time spent searching for parking. It not only eases traffic congestion but also contributes to a more organized urban environment. Additionally, smart parking technologies allow for the maximization of parking space utility, accommodating more vehicles in less space through automated parking solutions and well-planned layouts.
Recent technological advancements
The adoption of the Internet of Things (IoT) technology, which enables the integration of sensors and devices in parking areas, allowing for real-time monitoring and management of parking spaces, is boosting the market growth. Furthermore, the utilization of artificial intelligence (AI) and machine learning (ML) algorithms to predict parking patterns and suggest optimal management strategies is positively influencing the market growth. Besides this, the introduction of automated parking systems, where vehicles can be parked using robotic systems, maximizing space utilization and reducing the need for human intervention, is bolstering the market growth. Moreover, the continual evolution of these technologies promises further enhancements in smart parking systems, such as better user interfaces, more accurate predictions, and seamless integration with other smart technologies.
Imposition of various government initiatives
Governments are actively promoting smart city projects, which often include smart parking solutions as a key component. These initiatives are driven by the need to address urban challenges, such as traffic congestion, environmental concerns, and the efficient use of urban space. Furthermore, governments provide support in various forms, including funding, policy formulation, and regulatory frameworks that encourage the adoption of smart parking technologies. Additionally, the introduction of policies that prioritize the allocation of urban space for smart parking facilities and the inclusion of smart parking systems in new commercial developments is boosting the market growth. Moreover, the involvement of the public sector ensures that smart parking systems are aligned with broader urban planning and sustainability goals, making them integral to the future of urban development.
Rising environmental concerns
Environmental concerns are increasingly influencing the adoption of smart parking solutions. Conventional parking methods often lead to excessive fuel consumption as drivers circle around, looking for available spaces, contributing to increased emissions and air pollution. Smart parking systems address this issue by significantly reducing the time and distance drivers spend searching for parking. It leads to lower fuel consumption and, consequently, a decrease in vehicular emissions. Furthermore, smart parking can be integrated with eco-friendly practices, such as electric vehicle (EV) charging stations, promoting the use of cleaner energy sources. Moreover, the data collected from smart parking systems can also be utilized for environmental analysis, helping city planners in designing more sustainable urban spaces.
Increasing focus on consumer convenience and time savings
The aspect of consumer convenience and time savings is a significant factor driving the market growth. Smart parking systems provide real-time information on parking availability, either through mobile apps or digital signage, allowing drivers to directly navigate to available spots. Furthermore, they offer automated, cashless payment options, which adds to the ease of the parking experience. Additionally, the predictability and reduced stress associated with finding a parking space enhance the overall user experience. It is not just a boon for individual drivers but also for businesses, as it can increase the accessibility and attractiveness of commercial areas. Moreover, the rising consumer expectations for seamless and efficient services is facilitating the demand for smart parking solutions as they offer time-saving and convenient features.
Smart Parking Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on system, technology, component, solution, vertical type, and parking site.
Breakup by System:
Guided Park Assist System
Smart Park Assist System
Guided park assist system accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the system. This includes guided park assist system and smart park assist system. According to the report, guided park assist system represented the largest segment.
Breakup by Technology:
Ultrasonic
RFID
IoT
Ultrasonic holds the largest share in the industry
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes ultrasonic, RFID, and IoT. According to the report, ultrasonic accounted for the largest market share.
Breakup by Component:
Hardware
Software
Services
Hardware represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware, software, and services. According to the report, hardware represented the largest segment.
Breakup by Solution:
Security and Surveillance
Valet and Parking Reservation
License Plate Recognition
Security and surveillance exhibit a clear dominance in the market
A detailed breakup and analysis of the market based on the solution have also been provided in the report. This includes security and surveillance, valet and parking reservation, and license plate recognition. According to the report, security and surveillance accounted for the largest market share.
Breakup by Vertical Type:
Government and Municipalities
Commercial Institutions
Transport Facilities
Commercial institutions dominate the market
The report has provided a detailed breakup and analysis of the market based on the vertical type. This includes government and municipalities, commercial institutions, and transport facilities. According to the report, commercial institutions represented the largest segment.
Breakup by Parking Site:
Off-Street Parking
On-Street Parking
Off-street parking is the predominant market segment
A detailed breakup and analysis of the market based on the parking site have also been provided in the report. This includes off-street parking and on-street parking. According to the report, off-street parking accounted for the largest market share.
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
North America leads the market, accounting for the largest smart parking market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Valeo S.A.
Continental AG
Robert Bosch GmbH
Kapsch TrafficCom AG
Cubic Corporation
TKH Group
Cisco Systems Inc.
ParkMe Inc.
Urbiotica
Skidata AG
Amano McGann Inc.
Swarco AG
Smart Parking Ltd
Nedap N.V.
Delphi Automotive PLC
Aisin Corporation
Siemens AG
Xerox Corporation
Key Questions Answered in This Report
1. What was the size of the global smart parking market in 2023?
2. What is the expected growth rate of the global smart parking market during 2024-2032?
3. What are the key factors driving the global smart parking market?
4. What has been the impact of COVID-19 on the global smart parking market?
5. What is the breakup of the global smart parking market based on the system?
6. What is the breakup of the global smart parking market based on the technology?
7. What is the breakup of the global smart parking market based on the component?
8. What is the breakup of the global smart parking market based on the solution?
9. What is the breakup of the global smart parking market based on the vertical type?
10. What is the breakup of the global smart parking market based on the parking site?
11. What are the key regions in the global smart parking market?
12. Who are the key players/companies in the global smart parking market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SMART PARKING MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by System
5.5 Market Breakup by Technology
5.6 Market Breakup by Component
5.7 Market Breakup by Solution
5.8 Market Breakup by Vertical Type
5.9 Market Breakup by Parking Site
5.10 Market Breakup by Region
5.11 Market Forecast
6 MARKET BREAKUP BY SYSTEM
6.1 Guided Park Assist System
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Smart Park Assist System
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY TECHNOLOGY
7.1 Ultrasonic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 RFID
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 IoT
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY COMPONENT
8.1 Hardware
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Software
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Services
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY SOLUTION
9.1 Security and Surveillance
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Valet and Parking Reservation
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 License Plate Recognition
9.3.1 Market Trends
9.3.2 Market Forecast
10 MARKET BREAKUP BY VERTICAL TYPE
10.1 Government and Municipalities
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Commercial Institutions
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Transport Facilities
10.3.1 Market Trends
10.3.2 Market Forecast
11 MARKET BREAKUP BY PARKING SITE
11.1 Off-Street Parking
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 On-Street Parking
11.2.1 Market Trends
11.2.2 Market Forecast
12 MARKET BREAKUP BY REGION
12.1 North America
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Europe
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Asia Pacific
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Middle East and Africa
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Latin America
12.5.1 Market Trends
12.5.2 Market Forecast
13 SWOT ANALYSIS
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 VALUE CHAIN ANALYSIS
15 PORTER’S FIVE FORCES ANALYSIS
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 PRICE ANALYSIS
17 COMPETITIVE LANDSCAPE
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Valeo S.A.
17.3.2 Continental AG
17.3.3 Robert Bosch GmbH
17.3.4 Kapsch TrafficCom AG
17.3.5 Cubic Corporation
17.3.6 TKH Group
17.3.7 Cisco Systems Inc.
17.3.8 ParkMe Inc.
17.3.9 Urbiotica
17.3.10 Skidata AG
17.3.11 Amano McGann Inc.
17.3.12 Swarco AG
17.3.13 Smart Parking Ltd
17.3.14 Nedap N.V.
17.3.15 Delphi Automotive PLC
17.3.16 Aisin Corporation
17.3.17 Siemens AG
17.3.18 Xerox Corporation
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SMART PARKING MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by System
5.5 Market Breakup by Technology
5.6 Market Breakup by Component
5.7 Market Breakup by Solution
5.8 Market Breakup by Vertical Type
5.9 Market Breakup by Parking Site
5.10 Market Breakup by Region
5.11 Market Forecast
6 MARKET BREAKUP BY SYSTEM
6.1 Guided Park Assist System
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Smart Park Assist System
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY TECHNOLOGY
7.1 Ultrasonic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 RFID
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 IoT
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY COMPONENT
8.1 Hardware
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Software
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Services
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY SOLUTION
9.1 Security and Surveillance
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Valet and Parking Reservation
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 License Plate Recognition
9.3.1 Market Trends
9.3.2 Market Forecast
10 MARKET BREAKUP BY VERTICAL TYPE
10.1 Government and Municipalities
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Commercial Institutions
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Transport Facilities
10.3.1 Market Trends
10.3.2 Market Forecast
11 MARKET BREAKUP BY PARKING SITE
11.1 Off-Street Parking
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 On-Street Parking
11.2.1 Market Trends
11.2.2 Market Forecast
12 MARKET BREAKUP BY REGION
12.1 North America
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Europe
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Asia Pacific
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Middle East and Africa
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Latin America
12.5.1 Market Trends
12.5.2 Market Forecast
13 SWOT ANALYSIS
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 VALUE CHAIN ANALYSIS
15 PORTER’S FIVE FORCES ANALYSIS
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 PRICE ANALYSIS
17 COMPETITIVE LANDSCAPE
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Valeo S.A.
17.3.2 Continental AG
17.3.3 Robert Bosch GmbH
17.3.4 Kapsch TrafficCom AG
17.3.5 Cubic Corporation
17.3.6 TKH Group
17.3.7 Cisco Systems Inc.
17.3.8 ParkMe Inc.
17.3.9 Urbiotica
17.3.10 Skidata AG
17.3.11 Amano McGann Inc.
17.3.12 Swarco AG
17.3.13 Smart Parking Ltd
17.3.14 Nedap N.V.
17.3.15 Delphi Automotive PLC
17.3.16 Aisin Corporation
17.3.17 Siemens AG
17.3.18 Xerox Corporation
LIST OF TABLES
Table 1: Global: Smart Parking Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Smart Parking Market Forecast: Breakup by System (in Million US$), 2024-2032
Table 3: Global: Smart Parking Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 4: Global: Smart Parking Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 5: Global: Smart Parking Market Forecast: Breakup by Solution (in Million US$), 2024-2032
Table 6: Global: Smart Parking Market Forecast: Breakup by Vertical Type (in Million US$), 2024-2032
Table 7: Global: Smart Parking Market Forecast: Breakup by Parking Site (in Million US$), 2024-2032
Table 8: Global: Smart Parking Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 9: Global: Smart Parking Market Structure
Table 10: Global: Smart Parking Market: Key Players
Table 1: Global: Smart Parking Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Smart Parking Market Forecast: Breakup by System (in Million US$), 2024-2032
Table 3: Global: Smart Parking Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 4: Global: Smart Parking Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 5: Global: Smart Parking Market Forecast: Breakup by Solution (in Million US$), 2024-2032
Table 6: Global: Smart Parking Market Forecast: Breakup by Vertical Type (in Million US$), 2024-2032
Table 7: Global: Smart Parking Market Forecast: Breakup by Parking Site (in Million US$), 2024-2032
Table 8: Global: Smart Parking Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 9: Global: Smart Parking Market Structure
Table 10: Global: Smart Parking Market: Key Players
LIST OF FIGURES
Figure 1: Global: Smart Parking Market: Major Drivers and Challenges
Figure 2: Global: Smart Parking Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Smart Parking Market: Breakup by System (in %), 2023
Figure 4: Global: Smart Parking Market: Breakup by Technology (in %), 2023
Figure 5: Global: Smart Parking Market: Breakup by Component (in %), 2023
Figure 6: Global: Smart Parking Market: Breakup by Solution (in %), 2023
Figure 7: Global: Smart Parking Market: Breakup by Vertical Type (in %), 2023
Figure 8: Global: Smart Parking Market: Breakup by Parking Site (in %), 2023
Figure 9: Global: Smart Parking Market: Breakup by Region (in %), 2023
Figure 10: Global: Smart Parking Industry: SWOT Analysis
Figure 11: Global: Smart Parking Industry: Value Chain Analysis
Figure 12: Global: Smart Parking Industry: Porter’s Five Forces Analysis
Figure 13: Global: Smart Parking Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 14: Global: Smart Parking (Guided Park Assist System) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Smart Parking (Guided Park Assist System) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Smart Parking (Smart Park Assist System) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Smart Parking (Smart Park Assist System) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Smart Parking (Ultrasonic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Smart Parking (Ultrasonic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Smart Parking (RFID) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Smart Parking (RFID) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Smart Parking (IoT) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Smart Parking (IoT) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Smart Parking (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Smart Parking (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Smart Parking (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Smart Parking (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Smart Parking (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Smart Parking (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Smart Parking (Security and Surveillance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Smart Parking (Security and Surveillance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Smart Parking (Valet and Parking Reservation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Smart Parking (Valet and Parking Reservation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Smart Parking (License Plate Recognition) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Smart Parking (License Plate Recognition) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Smart Parking (Government and Municipalities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Smart Parking (Government and Municipalities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Smart Parking (Commercial Institutions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Smart Parking (Commercial Institutions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Smart Parking (Transport Facilities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Smart Parking (Transport Facilities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Smart Parking (Off-Street Parking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Smart Parking (Off-Street Parking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Smart Parking (On-Street Parking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Smart Parking (On-Street Parking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: North America: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: North America: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Europe: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Europe: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia Pacific: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia Pacific: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Middle East and Africa: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Middle East and Africa: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Latin America: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Latin America: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 1: Global: Smart Parking Market: Major Drivers and Challenges
Figure 2: Global: Smart Parking Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Smart Parking Market: Breakup by System (in %), 2023
Figure 4: Global: Smart Parking Market: Breakup by Technology (in %), 2023
Figure 5: Global: Smart Parking Market: Breakup by Component (in %), 2023
Figure 6: Global: Smart Parking Market: Breakup by Solution (in %), 2023
Figure 7: Global: Smart Parking Market: Breakup by Vertical Type (in %), 2023
Figure 8: Global: Smart Parking Market: Breakup by Parking Site (in %), 2023
Figure 9: Global: Smart Parking Market: Breakup by Region (in %), 2023
Figure 10: Global: Smart Parking Industry: SWOT Analysis
Figure 11: Global: Smart Parking Industry: Value Chain Analysis
Figure 12: Global: Smart Parking Industry: Porter’s Five Forces Analysis
Figure 13: Global: Smart Parking Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 14: Global: Smart Parking (Guided Park Assist System) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Smart Parking (Guided Park Assist System) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Smart Parking (Smart Park Assist System) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Smart Parking (Smart Park Assist System) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Smart Parking (Ultrasonic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Smart Parking (Ultrasonic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Smart Parking (RFID) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Smart Parking (RFID) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Smart Parking (IoT) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Smart Parking (IoT) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Smart Parking (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Smart Parking (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Smart Parking (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Smart Parking (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Smart Parking (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Smart Parking (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Smart Parking (Security and Surveillance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Smart Parking (Security and Surveillance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Smart Parking (Valet and Parking Reservation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Smart Parking (Valet and Parking Reservation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Smart Parking (License Plate Recognition) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Smart Parking (License Plate Recognition) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Smart Parking (Government and Municipalities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Smart Parking (Government and Municipalities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Smart Parking (Commercial Institutions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Smart Parking (Commercial Institutions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Smart Parking (Transport Facilities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Smart Parking (Transport Facilities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Smart Parking (Off-Street Parking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Smart Parking (Off-Street Parking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Smart Parking (On-Street Parking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Smart Parking (On-Street Parking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: North America: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: North America: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Europe: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Europe: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia Pacific: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia Pacific: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Middle East and Africa: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Middle East and Africa: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Latin America: Smart Parking Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Latin America: Smart Parking Market Forecast: Sales Value (in Million US$), 2024-2032
