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Global Parking Management Market Analysis 2016 to 2021

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The parking management market size is estimated to grow from USD 3.03 Billion in 2016 to USD 5.00 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.6%. Major growths drivers of the market include the increased production of vehicles, increased pollution, and concern for safety, security, and connectivity. Get Sample Brochure of the Report @ – PowerPoint PPT presentation

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Title: Global Parking Management Market Analysis 2016 to 2021


1
Parking Management Market by Software and
Professional Services, by Solution (Access
Control, Security Surveillance, Fee Revenue
Management, Enforcement Permit Management) -
Global Forecast to 2021
MarketIntelReports newly published a research
report on Global Parking Management Market with
covering detailed analysis on market
segmentation, global notable vendors,
geographical outlook, price financial updates,
segment application approach and future
forecasts.
Published on 01 October, 2016 Number of pages
N/A Single User Price 5650
2
Parking Management Market by Software and
Professional Services, by Solution (Access
Control, Security Surveillance, Fee Revenue
Management, Enforcement Permit Management) -
Global Forecast to 2021 The parking management
market size is estimated to grow from USD 3.03
Billion in 2016 to USD 5.00 Billion by 2021, at a
Compound Annual Growth Rate (CAGR) of 10.6.
Major growths drivers of the market include the
increased production of vehicles, increased
pollution, and concern for safety, security, and
connectivity. Browse Our Recent Research on
Parking Management Market by Software and
Professional Services, by Solution (Access
Control, Security Surveillance, Fee Revenue
Management, Enforcement Permit Management) -
Global Forecast to 2021 _at_ http//www.marketintelre
ports.com/report/ict0019/parking-management-market
-by-software-and-professional-services-by-solution
-access-control-security--surveillance-fee--revenu
e-management-enforcement--permit-management--globa
l-forecast-to-2021
3
The major forces driving the parking management
market is the worldwide focus on seamless traffic
flow, reduction in fuel pollution, increased
production of vehicles leading to parking
concerns, and concern for safety, security, and
connectivity The continuous developments in this
technology and its solutions have also encouraged
users to adopt parking management solutions and
services. Parking fee and revenue management
solutions expected to grow at the highest
CAGR The market, by solution, has been segmented
into access control, security and surveillance,
parking fee and revenue management, parking
reservation management, valet parking management,
parking fee enforcement and permit management,
and parking guidance and slot management. Parking
fee and revenue management system is expected to
witness the highest CAGR during the period. This
system helps the parking operators to collect
parking fees from the travelers who utilize their
parking facilities. Moreover, it also counters
the challenges of over or under capacity,
variable demand, and advanced reservation. These
benefits are driving the market and are
anticipated to help in propelling the parking
management market at the highest CAGR during the
forecast period.
4
Deployment and customization service market is
expected to grow at the highest rate during the
forecast period The market, by professional
service, has been segmented into deployment
customization and maintenance support. The
deployment and customization service segment is
expected to grow at the highest CAGR over the
forecast period owing to the rapid adoption of
parking management solutions in both small and
medium businesses and large enterprises, which
require back support and assistance for
deployment, customization, and management of
solutions. APAC is expected to dominate the
parking management market during the forecast
period North America is expected to hold the
largest share of the parking management market in
2016 due to the technological advancements and
early adoption of parking management solutions
across a large number of verticals in this
region. The market in APAC is expected to grow at
the highest CAGR between 2016 and 2021. The
primary driving forces for this growth are
changing work culture in organizations,
government initiatives, and rapidly deployable
cloud-based solutions in various industries in
the APAC countries, especially India, China, and
Japan.
Download Sample Brochure
5
Key questions answered in this report  What
will the market size be in 2020 and what will the
growth rate be? What are the key market
trends? What is driving this market? What are
the challenges to market growth? Who are the
key vendors in this market space? What are the
market opportunities and threats faced by the key
vendors? What are the strengths and weaknesses
of the key vendors?  You can request one free
hour of our analysts time when you purchase this
market report. Details are provided within the
report.
Make an Inquiry Before Buying
6
Parking Management Market by Software and
Professional Services, by Solution (Access
Control, Security Surveillance, Fee Revenue
Management, Enforcement Permit Management) -
Global Forecast to 2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Parking Management Market Market Shares,
Strategies, and Forecasts, Worldwide, 2016 to
2022 and future opportunities are provided in the
report.
Contact 1-302-684-6088 sales_at_marketintelreports.c
om www.marketintelreports.com
Click Here To Order Global Parking Management
Market (2016 2021)
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