Global parking management market was valued at US$ 3,355 million in 2022 and is expected to reach US$ 6,939.5 million by 2030, growing at an estimated CAGR of 8.5% over the forecast period. 

The newly published research to Absolute Markets Insights repository, Global Parking Management market Size, Share, Growth, Industry Trends, and Forecast. A winning Parking Management Market report gives information about the brand awareness, market landscape, possible future issues, industry trends and customer behavior for the Parking Management Market industry. The market report makes use of most modern tools and techniques for collecting, researching, analyzing and estimating market data. CAGR value fluctuations for the forecast perid can also be gained with this market report. By using SWOT analysis throughout the report, the global key manufacturers, market definition, description and analysis of the market competition landscape along with many other factors has been highlighted.

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Devotion, commitment, dedication and resilience accompanied with integrated approaches are of high importance while preparing this Parking Management Market research report. The Parking Management Market business report provides explanation about market trends, future prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. A thorough analysis has been performed in this report to know the potential of the market in the present and the future prospects from various angles.

Some of the key players operating in the global Parking Management market are: Conduent, Inc., Amano, Indigo Park Services, Chetu Inc., Streetline, SWARCO, T2 SYSTEMS, INRIX, Flashparking, SAP, Siemens, APCOA PARKING amongst others.

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The factors such as rapid urbanization along with increasing trend towards organic farming generate growth opportunities in the long run. The sustainability issue associated with non-biodegradable fertilizers pose as a challenge for the market.

Parking Management Market:

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
  • Managed Services

By Deployment

  • On-Premise
  • Cloud Based

By Parking Site

  • Off-Street Parking
  • On-Street Parking

By Verticals

  • Retail
  • Healthcare
  • Government
  • Hospitality
  • Transportation & Transit
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific 
  • Middle East & Africa
  • Latin America

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