Smart Parking Systems Market Share and Business Opportunities 2025
Smart Parking Systems Market: Strategic Insights
Smart Parking Systems Market
-
CAGR (2016 - 2025)15.7% -
Market Size 2016
US$ 398.6 Million -
Market Size 2025
US$ 1,462.3 Million
Market Dynamics
GROWTH DRIVERS
- Urbanization and traffic congestion
- Demand for smart parking
FUTURE TRENDS
- Integration of IoT with parking systems
- Increased demand for mobile-enabled smart parking
OPPORTUNITIES
- Expansion in smart parking solutions
- Urban congestion solutions
Key Players
- Amano McGann Inc
- Cisco Systems Inc
- Kapsch
- Nedap N V
- Parkmobile LLC
- Parkmobile LLC
- Skidata AG
- Smart Parking Ltd
- Swarco AG
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Parking Site, Method and End-user Industry