Global real-time parking system market is expected to grow at a CAGR of 7.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for real-time parking systems in commercial and personal applications, as well as in transport and aviation sectors. The on-street segment accounted for the largest share of the global real-time parking system market in 2017, followed by off-street segment. In terms of application, commercial segment accounted for the largest share of this market in 2017, followed by personal application and transport and aviation sector. North America was estimated to account for the largest share of this market in 2017 due to high adoption rates across various industries such as transportation & logistics, retail & hospitality sectors among others; however Asia Pacific is expected to grow at a higher CAGR during forecast period owing to rapid urbanization coupled with growing demand from emerging economies such as India and China among others.
Some Of The Growth Factors Of This Market:
- The need for a more efficient and cost-effective parking system is increasing as the population of urban areas continues to grow.
- Parking systems are becoming increasingly expensive to maintain, which has led to an increase in demand for new technologies that can help reduce costs and improve efficiency.
- As cities continue to develop, there will be increased pressure on existing infrastructure such as roads, bridges, tunnels, water supply networks etc, which will require additional investment.
Industry Growth Insights published a new data on “Real-Time Parking System Market”. The research report is titled “Real-Time Parking System Market research by Types (On–street, Off–street, Others), By Applications (Commercial, Personal, Transport and Aviation, Government, Others), By Players/Companies Streetline, Smart Parking Ltd, ParkMe Inc, Parknav, T2 SYSTEMS, Spot Innovation, Inc, INRIX, Inc, ParkWhiz API, Robotic Parking Systems, Inc, Cisco Systems, Inc, PARKMATIC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Real-Time Parking System Market Research Report
By Type
On–street, Off–street, Others
By Application
Commercial, Personal, Transport and Aviation, Government, Others
By Companies
Streetline, Smart Parking Ltd, ParkMe Inc, Parknav, T2 SYSTEMS, Spot Innovation, Inc, INRIX, Inc, ParkWhiz API, Robotic Parking Systems, Inc, Cisco Systems, Inc, PARKMATIC
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Real-Time Parking System Market Report Segments:
The global Real-Time Parking System market is segmented on the basis of:
Types
On–street, Off–street, Others
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
Commercial, Personal, Transport and Aviation, Government, Others
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:
- Streetline
- Smart Parking Ltd
- ParkMe Inc
- Parknav
- T2 SYSTEMS
- Spot Innovation, Inc
- INRIX, Inc
- ParkWhiz API
- Robotic Parking Systems, Inc
- Cisco Systems, Inc
- PARKMATIC
Highlights of The Real-Time Parking System 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:
- On–street
- Off–street
- Others
- By Application:
- Commercial
- Personal
- Transport and Aviation
- Government
- Others
- 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 Real-Time Parking System 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.
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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?
A real-time parking system is a type of parking management system that uses sensors to monitor the occupancy and location of spaces in a parking lot or garage. The system can then send alerts to drivers when they are close to available spaces, and allow them to reserve a space online or through the app.
Some of the major companies in the real-time parking system market are Streetline, Smart Parking Ltd, ParkMe Inc, Parknav, T2 SYSTEMS, Spot Innovation, Inc, INRIX, Inc, ParkWhiz API, Robotic Parking Systems, Inc, Cisco Systems, Inc, PARKMATIC.
The real-time parking system market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Real-Time Parking System 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. Real-Time Parking System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Real-Time Parking System Market - Supply Chain
4.5. Global Real-Time Parking System Market Forecast
4.5.1. Real-Time Parking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Real-Time Parking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Real-Time Parking System Market Absolute $ Opportunity
5. Global Real-Time Parking System 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. Real-Time Parking System Market Size and Volume Forecast by Type
5.3.1. Onstreet
5.3.2. Offstreet
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Real-Time Parking System 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. Real-Time Parking System Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Personal
6.3.3. Transport and Aviation
6.3.4. Government
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Real-Time Parking System 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. Real-Time Parking System 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 Real-Time Parking System 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. Real-Time Parking System 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 Real-Time Parking System Demand Share Forecast, 2019-2026
9. North America Real-Time Parking System 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 Real-Time Parking System 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 Real-Time Parking System Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Personal
9.4.3. Transport and Aviation
9.4.4. Government
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Real-Time Parking System Market Size and Volume Forecast by Type
9.7.1. Onstreet
9.7.2. Offstreet
9.7.3. Others
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 Real-Time Parking System Demand Share Forecast, 2019-2026
10. Latin America Real-Time Parking System 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 Real-Time Parking System 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 Real-Time Parking System Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Personal
10.4.3. Transport and Aviation
10.4.4. Government
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Real-Time Parking System Market Size and Volume Forecast by Type
10.7.1. Onstreet
10.7.2. Offstreet
10.7.3. Others
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 Real-Time Parking System Demand Share Forecast, 2019-2026
11. Europe Real-Time Parking System 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 Real-Time Parking System 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 Real-Time Parking System Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Personal
11.4.3. Transport and Aviation
11.4.4. Government
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Real-Time Parking System Market Size and Volume Forecast by Type
11.7.1. Onstreet
11.7.2. Offstreet
11.7.3. Others
11.8. Basis Point hare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 Real-Time Parking System Demand Share, 2019-2026
12. Asia Pacific Real-Time Parking System 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 Real-Time Parking System 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 Real-Time Parking System Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Personal
12.4.3. Transport and Aviation
12.4.4. Government
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Real-Time Parking System Market Size and Volume Forecast by Type
12.7.1. Onstreet
12.7.2. Offstreet
12.7.3. Others
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 Real-Time Parking System Demand Share, 2019-2026
13. Middle East & Africa Real-Time Parking System 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 Real-Time Parking System 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 Real-Time Parking System Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Personal
13.4.3. Transport and Aviation
13.4.4. Government
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Real-Time Parking System Market Size and Volume Forecast by Type
13.7.1. Onstreet
13.7.2. Offstreet
13.7.3. Others
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 Real-Time Parking System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Real-Time Parking System Market: Market Share Analysis
14.2. Real-Time Parking System Distributors and Customers
14.3. Real-Time Parking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Streetline
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Smart Parking Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ParkMe Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Parknav
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. T2 SYSTEMS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Spot Innovation, Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. INRIX, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ParkWhiz API
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Robotic Parking Systems, Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cisco Systems, Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PARKMATIC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
