Parking Management System Market - Forecast 2022-2027 - PowerPoint PPT Presentation

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Parking Management System Market - Forecast 2022-2027

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Parking Management System Market revenue is forecast to reach $7.1 billion by 2027, at a CAGR of 11.6% during 2022-2027. – PowerPoint PPT presentation

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Title: Parking Management System Market - Forecast 2022-2027


1
Parking Management System Market - Forecast(2022
- 2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Parking Management System Market revenue is
    forecast to reach 7.1 billion by 2027, at a CAGR
    of 11.6 during 2022-2027. A Parking Management
    system is developed in such a way that users book
    their parking spots through short message
    services (SMS).
  • The SMS sent will be processed by a wireless
    communication instrumentation device called
    micro-RTU (Remote Terminal Unit). The system is
    fully automated with the use of the Peripheral
    Interface Controller (PIC).

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3
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Key Takeaways
  • North America had dominated the global Parking
    Management System market in 2020 with a share of
    around 38 and is analyzed to maintain a
    significant growth during 2021-2026, owing to the
    increasing number of vehicles in the region.
  • Mobile-based solutions segment is analyzed to
    grow with the highest CAGR of 25.6 in the global
    Parking Management System market during the
    forecast period 2021-2026. These mobile based
    solutions provide greater efficiency when
    compared to other modes of Parking Management
    solutions.


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4
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  • By Distribution Channel- Segment Analysis
  • In Parking Management System market research,
    Mobile-based solutions segment is analysed to
    grow with the highest CAGR of 25.6 in the global
    Parking Management System market outlook during
    the forecast period 2022-2027. This mobile-based
    solutions provide greater efficiency when
    compared to other modes of Parking Management
    solutions, in terms of retrieving real-time
    parking availability and related packages.
    Moreover, with the rise in penetration of
    smartphones and the internet, the governments and
    the organizations are introducing many digital
    initiatives.

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5
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  • Parking Management System Market
  • Industry Outlook 
  • Amano
  • Group Indigo
  • Smart Parking
  • Conduent
  • Precise ParkLink
  • Verra Mobility
  • SkiData
  • ParkMobile

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6
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Parking Management System Market - Forecast(2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Report/17090/parking-
management-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /pdfdownload.php?id17090

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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