Market Overview:
The global parking meter apps market is segmented on the basis of type, application and region. The type segment is further divided into free version, paid version and parking meter app. The application segment is divided into IOS system phone and Android system phone. The regions covered in the study are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global parking meter apps market is expected to grow at a CAGR of 9% during the forecast period 2018-2030. Factors such as increase in adoption of smart devices, rise in number of vehicles on roadways and growing demand for real-time information are driving the growth of this market.
Product Definition:
Parking Meter Apps help drivers pay for parking without having to carry around loose change. The apps usually require the driver to enter their license plate number, and then they are able to see how much time they have left on the meter, as well as payment options.
Free Version:
Free version is used by end-users to park their vehicles. It’s an app designed for smartphones that allows the users to pay for parking using a credit or debit card. The free version of the app has certain limitations such as it can store only three cars in its database and also it cannot be used in commercial areas such as shopping malls, hospitals, etc.
The paid version of this parking meter app has various additional features like it can store unlimited cars in its database.
Paid Version:
The paid version is a subscription based service that allows the user to unlock all the features of the app and use it for free of charge. The normal price for this app is usually USD 1.99 but some times it can be found at discounted prices like as low as USD 0.99 in apps market depending upon its current demand and popularity among users.
Application Insights:
On the basis of application, the global parking meter apps market has been segmented into IOS system phone and Android system phone. The IOS system phones held a major share in 2017 owing to extensive usage of Apple products such as iPhone and iPad among many others by car owners for payment via mobile app. On the other hand, Android System Phone is expected to witness significant growth over the forecast period due to increasing use of smartphones across all age groups globally. Moreover, introduction of innovative features by different companies such as ParkWhiz Inc., Valet Parking Pro LLC etc. is further anticipated to boost industry growth over next few years.
Regional Analysis:
North America is estimated to be the largest regional market over the forecast period owing to presence of a large number of prominent players and high adoption rate for advanced technologies. The U.S. is considered as one of the most developed countries in terms of technology, which has led to an increase in demand for apps facilitating payment for on-street parking spaces, thereby boosting revenue generation through metering systems in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives encouraging digitalization and technological advancements across various sectors including transport sector with an aim towards improving customer experience and reducing operational costs associated with traditional methods such as cash transactions or credit/debit card payments.
Growth Factors:
- Increasing demand for parking space in metropolitan cities and towns
- Growing awareness about the benefits of using parking meter apps among motorists
- Proliferation of smartphones and other mobile devices that can run such apps
- Development of innovative features by app developers to make the experience more user-friendly
- Government initiatives to promote the use of such apps
Scope Of The Report
Report Attributes
Report Details
Report Title
Parking Meter Apps Market Research Report
By Type
Free Version, Paid Version, Parking Meter App
By Application
IOS System Phone, Android System Phone
By Companies
ParkMobile, PayByPhone, BestParking, Streetline, SpotHero, ParkMe, Parking Mate, Parking Panda, ParkWhiz, Parkopedia, JustPark, Waze, HONK, Telpark, IEM Group, Parking Meter App
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Parking Meter Apps Market Report Segments:
The global Parking Meter Apps market is segmented on the basis of:
Types
Free Version, Paid Version, Parking Meter App
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IOS System Phone, Android System Phone
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ParkMobile
- PayByPhone
- BestParking
- Streetline
- SpotHero
- ParkMe
- Parking Mate
- Parking Panda
- ParkWhiz
- Parkopedia
- JustPark
- Waze
- HONK
- Telpark
- IEM Group
- Parking Meter App
Highlights of The Parking Meter Apps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Free Version
- Paid Version
- Parking Meter App
- By Application:
- IOS System Phone
- Android System Phone
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Parking Meter Apps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Parking meter apps are applications that allow drivers to pay for parking using their smartphones. The app typically displays the amount of time left on the parking meter, as well as an estimate of how much money will be needed to pay for the parking session.
Some of the key players operating in the parking meter apps market are ParkMobile, PayByPhone, BestParking, Streetline, SpotHero, ParkMe, Parking Mate, Parking Panda, ParkWhiz, Parkopedia, JustPark, Waze, HONK, Telpark, IEM Group, Parking Meter App.
The parking meter apps market is expected to grow at a compound annual growth rate of 9%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Parking Meter Apps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Parking Meter Apps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Parking Meter Apps Market - Supply Chain
4.5. Global Parking Meter Apps Market Forecast
4.5.1. Parking Meter Apps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Parking Meter Apps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Parking Meter Apps Market Absolute $ Opportunity
5. Global Parking Meter Apps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Parking Meter Apps Market Size and Volume Forecast by Type
5.3.1. Free Version
5.3.2. Paid Version
5.3.3. Parking Meter App
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Parking Meter Apps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Parking Meter Apps Market Size and Volume Forecast by Application
6.3.1. IOS System Phone
6.3.2. Android System Phone
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Parking Meter Apps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Parking Meter Apps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Parking Meter Apps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Parking Meter Apps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Parking Meter Apps Demand Share Forecast, 2019-2026
9. North America Parking Meter Apps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Parking Meter Apps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Parking Meter Apps Market Size and Volume Forecast by Application
9.4.1. IOS System Phone
9.4.2. Android System Phone
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Parking Meter Apps Market Size and Volume Forecast by Type
9.7.1. Free Version
9.7.2. Paid Version
9.7.3. Parking Meter App
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Parking Meter Apps Demand Share Forecast, 2019-2026
10. Latin America Parking Meter Apps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Parking Meter Apps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Parking Meter Apps Market Size and Volume Forecast by Application
10.4.1. IOS System Phone
10.4.2. Android System Phone
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Parking Meter Apps Market Size and Volume Forecast by Type
10.7.1. Free Version
10.7.2. Paid Version
10.7.3. Parking Meter App
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Parking Meter Apps Demand Share Forecast, 2019-2026
11. Europe Parking Meter Apps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Parking Meter Apps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Parking Meter Apps Market Size and Volume Forecast by Application
11.4.1. IOS System Phone
11.4.2. Android System Phone
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Parking Meter Apps Market Size and Volume Forecast by Type
11.7.1. Free Version
11.7.2. Paid Version
11.7.3. Parking Meter App
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tpe
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Parking Meter Apps Demand Share, 2019-2026
12. Asia Pacific Parking Meter Apps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Parking Meter Apps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Parking Meter Apps Market Size and Volume Forecast by Application
12.4.1. IOS System Phone
12.4.2. Android System Phone
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Parking Meter Apps Market Size and Volume Forecast by Type
12.7.1. Free Version
12.7.2. Paid Version
12.7.3. Parking Meter App
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Parking Meter Apps Demand Share, 2019-2026
13. Middle East & Africa Parking Meter Apps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Parking Meter Apps Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Parking Meter Apps Market Size and Volume Forecast by Application
13.4.1. IOS System Phone
13.4.2. Android System Phone
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Parking Meter Apps Market Size and Volume Forecast by Type
13.7.1. Free Version
13.7.2. Paid Version
13.7.3. Parking Meter App
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Parking Meter Apps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Parking Meter Apps Market: Market Share Analysis
14.2. Parking Meter Apps Distributors and Customers
14.3. Parking Meter Apps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ParkMobile
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PayByPhone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BestParking
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Streetline
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SpotHero
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ParkMe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Parking Mate
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Parking Panda
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ParkWhiz
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Parkopedia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JustPark
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Waze
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HONK
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Telpark
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. IEM Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Parking Meter App
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
