Parking Management Market is expected to see growth rate of 8% and may see market size of USD6.0 Billion by 2024

Latest Research Study on Global Parking Management Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Parking Management Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Parking Management. According to AMA, the Global Parking Management market is expected to see growth rate of 8.0% and may see market size of USD6.0 Billion by 2024.

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Parking management refers to strategies that result in more efficient use of parking resources. Moreover, parking management can significantly reduce the number of parking spaces required in a particular situation, providing environmental, social, and economic benefits. Growing focus on seamless traffic flow and reduction in fuel consumption is one of the key factor driving the growth of the market. Based on the parking site, the market has been bifurcated into Off-street parking and On-street parking.

What is COVID-19 Outbreak-Global Parking Management? Who are Major & Emerging Players in COVID-19 Outbreak- Parking Management Market

The companies holding the largest market share in the COVID-19 Outbreak- Parking Management Market include Conduent (United States), Indigo Group (France), Amano (United States), Swarco (Australia), Q-Free (Norway), Streetline (A Kapsch Company) (United States), T2 Systems (United States), Skidata (Austria), Flowbird Group (France), Inrix (United States) and Flashparking (United States)

Company 1 Market Share: XX%

Company 2 Market Share: BB%

Company 3 Market Share: ZZ%


by Type (Solutions {Parking Guidance Solution, Parking Reservation Management, Parking Permit Management, Parking Enforcement Management, Parking Access and Revenue Control, Parking Security and Surveillance, Parking Analytics, Services {Professional services (Consulting, System Integration and Deployment, Support and Maintenance), Managed services}), Deployment Mode (On-Premises, Cloud), Parking Site (Off-Street Parking, On-Street Parking)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Market Trend

  • The Need for Parking Apps
  • Surging Demand for Energy Efficient, Sustainable and Green Solutions
  • Parking Access Control


Market Drivers

  • Growing Focus on Seamless Traffic Flow and Reduction in Fuel Consumption
  • Adoption of Cloud Computing and IoT Technologies
  • The proliferation of Mobile and Smartphones
  • Increasing Motor Vehicle Sales Driving the Demand for Parking Spaces



  • Increasing Adoption of Smart Cities by Governments across Regions
  • Optimum Utilization of Parking Spaces
  • Technological Advancements in Autonomous Cars



  • Complexity in System Integration



  • High Implementation Cost
  • Rapid Technological Changes

Strategic Points Covered in Table of Content of Global Parking Management Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Parking Management market

Chapter 2: Exclusive Summary – the basic information of the Parking Management Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Parking Management

Chapter 4: Presenting the Parking Management Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Parking Management market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Parking Management Market is a valuable source of guidance for individuals and companies in their decision framework.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Parking Management Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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  • Latest industry influencing trends and development scenario
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  • Key decision in planning and to further expand market share
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  • Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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