Smart Parking Market, Global Forecast By Type, Application, End-User, Regions, Company Analysis

1
Smart Parking Market
Smart Parking Market
2
Report Description and Highlights
Globally, Vehicle parking lies at the
intersection of mobility management as well as
urban space. Over time, there were many
generations which have offered numerous
opportunities to the users. In recent years,
parking generation provides basic automation that
allows users to navigate the complete parking
life cycle independently, for instance, knowing
fee settlement, ticketing, parking, and parking
occupancy status. According to Renub Research
Analysis, Global Smart Parking Market is expected
to grow with double-digit CAGR and reach USD 12.7
billion by 2027.
Smart Parking Market
3
Smart Parking Market
The factor that is boosting this market is the
growing adoption of integrated automated
solutions coupled with wireless technologies'
advancements. The surging of digital payment
technologies in the market is likely to
contribute growth over the forecast period.
However, high implementation cost and
non-availability of supporting infrastructure are
expected to hamper this market's growth. As the
global urban population has reached 7.5
billion in 2020, according to Census Bureau's
International smart parking is playing a
significant role in bringing about improvements
in convenience, congestion, lower costs, urban
mobility and the delivery of practical
information and intelligence. Smart Parking
technology's adoption equips operators with the
ability to deliver a wide range of additional
services such as public broadband, safety video
surveillance, air quality, and lighting control
more efficiently, with new intelligent networks
and greater automation via the Smart Spot network
gateway products. The app included payment
function features that alarm people when they get
paid, allowing them to top up instantly.
Request a free sample copy of the report
https//www.renub.com/request-sample-page.php?gtur
lsmart-parking-market-p.php
Smart Parking Market
4
Smart Parking Market
Renub Research report titled Global Smart
Parking Market By Type Off-street On-street,
Application (Security Surveillance, Smart
Payment System, license Plate Recognition,
Others), End-User (Transport Facilities,
Governments and Municipalities, Commercial
Institutions Corporate Institution), Regions
(North America, Europe, Asia Pacific, Middle East
Africa and Latin America), Companies (ASSA
ABLOY AB, Allegion Plc, Aisin Seiki Co. Ltd,
Siemens AG Bosch) studies the Global Smart
Parking Industry.
Request a free Brochure copy of the report
https//www.renub.com/request-brochure-page.php?gt
urlsmart-parking-market-p.php
Smart Parking Market
5
Smart Parking Market
By Type 1.    Off-street 2.    On-street By
Application 1.    Security Surveillance2.  
 Smart Payment system3.    License Plate
Recognition4.    Others By End-User 1.  
 Transport facilities2.    Governments and
Municipalities3.    Commercial Institutions4.  
 Corporate Institution
Smart Parking Market
6
Smart Parking Market
Global Smart Parking Market Share ()- By Regions
(2021-2026)
Source Renub Research Analysis Note
These are dummy figures actual data given in the
report
Smart Parking Market
7
Smart Parking Market
By Regions 1.    North America 2.    Europe3.  
 Asia Pacific 4.    Middle East Africa5.  
 Latin America Key Players covered in the report
which has been studied from 3 viewpoints   
 Overview    Initiatives Recent
Developments    Revenue Companies covered in
this report 1.    ASSA ABLOY AB 2.    Allegion
Plc3.    Aisin Seiki Co. Ltd 4.    Siemens
AG5.    Bosch
Smart Parking Market
8
Smart Parking Market
Smart Parking Market
9
Contact Us
Smart Parking Market