Rising Popularity of IoT-based Smart Parking Solutions Spurring Uptake of this Industry

Dublin, Ireland, 2022-Dec-28— /EPR Network/ —

Global smart parking solutions market size and revenue are expected to increase from over US$ 4.4 Bn in 2022 to US$ 30.84 Bn by 2032, ascending at a stellar 21% CAGR during the forecast period. Smart Parking Solutions industry analysis study provides detailed market growth opportunities, a market summary in terms of volume and value, and popular business trends.

Based on volume, performance, and valuation, the Smart Parking Solutions industry research forecasts accurate market share. The analysis includes industry papers, paid sources, user manuals, and other in-depth primary analyses, such as interviews, polls, and research and secondary evaluation outputs.

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Key Companies Profiled

• Aisin Seiki Co.Ltd
• Amano McGann
• Amco S.A.
• Cisco Solutions
• Delphi Automotive PLC
• Kapsch
• Nedap N.V
• Parkmobile
• LLC
• Skidata AG

Smart Parking Solutions market report includes market size data as well as important market drivers, constraints, opportunities, and threats that are projected to influence the global market growth. According to the research assessment, geographic and business data will become increasingly important in the next years. This sector is also thoroughly described in the report, as is the documented progress during the anticipated timeframe.

Furthermore, the assessment considers the significance of a number of significant aspects that have lately been maintained in corporate compensation. The report investigates market segmentation as well as the numerous lucrative opportunities accessible. Multi-featured commodity offerings, according to the assessment, would have a big beneficial influence on the ‘Smart Parking Solutions,’ adding significantly to market expansion throughout the predicted period.

What insights this research provides to readers?

• Smart Parking Solutions fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Smart Parking Solutions player.
• Various regulations imposed by the governments on the consumption of Smart Parking Solutions in detail.

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 Smart Parking Solutions industry study shines because it makes effective use of well-known statistical tools and coherent models for the analysis and forecasting of market data. The document was created with consideration for companies of all sizes. The issue of time-consuming techniques for gathering market information is easily and swiftly solved by the Smart Parking Solutions analysis report. With the help of this comprehensive market research report, the company may reach its maximum potential for growth. With the use of great research techniques and practice models, clients can learn about the best chances for market success.

 What are impelling reasons for buying this report?

• Global Smart Parking Solutions Market prognosis for the present and the future in both developed and developing markets
• Both the market segment with the largest projected share and the market segment with the highest CAGR throughout the projection period
• Countries and regions anticipated to experience the fastest development throughout the projected period
• The most recent innovations, market shares, and tactics used by the leading market players
• Adjustment of the Report
• The report contains all of the segmentation seen above across all of the nations indicated.

Smart Parking Solutions Market: Segmentation

• By System Components & Services
  • Smart Parking Software
    • On-Premise
    • Cloud Based
  • Smart Parking System Devices
    • Entry/Exit Terminals
    • Card Readers
    • Validation Solution
    • Pay-on-Foot Solution
    • LPR System
    • Others
  • Smart Parking Professional Services
    • Consulting
    • Deployment and Customization
    • Maintenance and Support
• By Solutions
  • Smart Parking Access Control Solutions
  • Smart Parking Fee & Revenue Collection Solutions
  • Smart Parking Reservation Management Solutions
  • Smart Valet Parking Management Solutions
  • Smart Parking Guidance and Slot Management Solutions
  • Other Smart Parking Solutions (Parking Enforcement Management)
• By End Use
  • Smart Parking Solutions for Government and Municipalities
  • Smart Parking Solutions for Airports
  • Smart Parking Solutions for Corporate & Commercial Parks
  • Smart Parking Solutions for Commercial Institutions
  • Smart Parking Solutions for Healthcare
  • Smart Parking Solutions for Other End Uses (Tourist Destinations and Hospitality Sector)

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Key Questions Covered in the Smart Parking Solutions Market Report

• How key market players in the Smart Parking Solutions market are maintaining their competitive advantage in the wake of globalization?
• What changing market dynamics in the Smart Parking Solutions market specify about the future opportunities for manufacturers?
• How Covid-19 pandemic affected sales in the Smart Parking Solutions market and what strategies are expected to recover from its impact?
• What business tactics are gaining attention and influencing Smart Parking Solutions market rivalry?

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