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Real-Time Parking System Market Outlook (2022 to 2032)

The global real-time parking system market is likely to reach a valuation of US$ 40,523.3 Million in 2022. With escalating traffic congestion, the mandate for real-time parking systems, which can aid city administrations in streamlining dispersed parking spaces and assisting drivers in locating parking slots, is anticipated to increase. The overall market for real-time parking system is projected to grow at a robust CAGR of 8.9% between 2022 and 2032, totaling around US$ 96,406.7 Million by the end of 2032.

The burgeoning number of vehicles, combined with growing traffic, has caused significant parking issues in urban areas. In the utter lack of a structured procedure or system, a significant amount of time and fuel is discarded in parking. Vehicles cruising for parking can represent up to 25% of total traffic. Problems are compounded if there are few parking spots available and/or if they are just valid for a limited.

As a consequence, there is a robust necessity for real-time information on parking availability in a specific area and location. The parking sector has undergone a technological transformation, and by introducing new technologies and equipment, efficient and convenient parking operations can be accomplished.

Data Points Key Statistics
Real-Time Parking System Market Size (2022) US$ 40,523.3 Million
Real-Time Parking System Market Revenue Forecast (2032) US$ 96,406.7 Million
Real-Time Parking System Market Growth Rate (2022 to 2032) 8.9% CAGR
North America Market Share 33.6%

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Which Factors are driving the Growth of the Real-Time Parking System Market?

The market for real-time parking systems has been stimulated by the increasing adoption of such mechanisms in urban areas. The additional features offered by contemporary real-time parking systems, such as parking place pricing, spot mentorship, airport and transit associations, and other facilities, increase demand yet further.

As more effectual real-time parking systems are embraced, clamor for these systems is anticipated to rise from airports, hospitals, mall parking, commercial parking garages, universities, on-street municipalities, and other occasion avenues. Streamlining the process of real-time parking systems, the Internet of Things, and cloud data is creating new opportunities for users and automakers.

The assimilation enables customers to view real-time parking criteria, and for paid parking structures, it allows the user to select a simple payment mode via payment wallet. Even though implementation is comparatively low due to the high capital expense of the equipment for real-time parking systems, with the economic pricing of these systems, the application for commercial uses is predicted to rise.

How Will Growth Unfold in the North America Real-Time Parking System Market?

In 2021, North America had the highest percentage of revenue of more than 34.9%. Over the forecast timeframe, the widening number of automobiles is expected to spur expansion in the regional market for real-time parking systems. Civil society authorities in the United States and Canada are attempting to ease traffic congestion, which has gotten more drastic as the clamor for vehicle ownership has enhanced.

Governments are also functioning with service suppliers to raise the parenthood of real-time parking systems that can provide secure and legal parking for both commercial and private vehicles. Furthermore, the region's integration of real-time parking systems is being influenced by the region's escalating adoption of smart city development. North America is accounting for a market share of 5.8% of the global Real-Time Parking System market.

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How Will Growth Unfold in the European Real-Time Parking System Market?

Europe is accounting for a market share of 12.1% of the global real-time parking system market. The Europe region is predicted to grow at a substantial CAGR over the forecast time frame as a consequence of federal policy intervention in intelligent parking systems as part of pollution-reduction efforts.

Furthermore, concerns about insufficient parking spaces are one of the significant determinants of the region's market growth. For example, the International Road Transport Union (IRTU) actively participated in an EU-funded study that discovered that a lack of adequate and protected parking spots is a major concern in Europe, with 85 to 90% of transport motorists and operators reporting that the existing parking supply is inadequate.

Which Factors are pushing the Real-Time Parking System in the Asia Pacific?

The Asia Pacific region's growth rate will be observed as a result of the increasing number of municipalities in emerging nations such as China and India. Increasing vehicle manufacturing and raising concerns about the growing incidence of car theft

The rise in the population causes difficulties with both residential and commercial parking. The issue is addressed by optimizing the additional functionality, such as SMS notifications of available free space and news streams of spatial reservations using real-time parking advanced technologies.

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How can the North American Real-Time Parking System Market Flourish?

North America holds a 5.8% market share of the global real-time parking system market.

USA to Have Highest Revenue Percentage

The growing number of cars is expected to drive growth in the USA real-time parking system market. Civil society officials are attempting to alleviate traffic congestion, which has become more severe as the demand for vehicle ownership has increased.

The significant growth of real-time parking systems is due to the expanding automotive industry and rising government regulations across many countries for applying innovative safety regulations in vehicles to quickly spot vacant parking spaces and reduce accidents boosting the USA real-time parking system market adoption trends.

Governments are also collaborating with service providers to develop real-time parking systems capable of providing secure and legal parking for both commercial and private vehicles. The increasing adoption of smart city development in the USA is influencing the integration of real-time parking systems. This escalates the USA's real-time parking system market trends.

How is the Europe Real-Time Parking System Market Going to Sprout?

Europe accounts for 12.1% of the global market for real-time parking systems.

  • In October 2019, Continental AG launched international parking data for Austria, Germany, France, Switzerland, Spain, the United Kingdom, and Italy. This service provides real-time precise figures from parking zones as well as pertinent information such as opening times, costs, and electric charging infrastructure.
United Kingdom Boost in Number of Vehicles to Broaden United Kingdom Real-Time Parking System Market The real-time parking system market in the United Kingdom is expected to grow at a significant CAGR over the forecast period as a result of federal policy intervention in intelligent parking systems as part of pollution-reduction efforts. The adoption of real-time parking systems is increasing due to increased demand for these systems from a variety of sources, including commercial parking garages, universities, on-street municipalities, airports, hospitals, mall parking, and other event avenues.
GERMANY The lack of Parking Spaces is an Indicator of German Market Growth. The continuous increase in the number of vehicles sold and produced globally has become a major factor causing parking issues in urban areas. As a result, concern about parking solutions is a major factor that is expected to drive the growth of Germany’s real-time parking system market. Concerns about a lack of parking spaces are a significant determinant of Germany's real-time parking system market growth. Stringent government regulations aimed at ensuring a sustainable environment in this region by reducing pollution are expected to drive German real-time parking system market growth.

Which factors govern the Asia Pacific Real-Time Parking System?

Due to the growth of the automobile sector in this region, Asia Pacific is expected to be the fastest developing region during the forecast period.

KOREA Increase in Population Stimulates Adoption of Real-Time Parking Systems in Korea Increased vehicle production and growing concern about the rising incidence of car theft boost Korea's real-time parking system market adoption trends. The increase in population causes problems with both residential and commercial parking. It is addressed by optimizing the additional capabilities, such as SMS notifications of available free space and news streams of spatial reservations, which are made possible by advanced real-time parking technologies. The lack of understanding of the advantages of smart parking is a serious impediment to the market's growth. The high cost of implementation and subsequent increase in vehicle cost is a struggle for Korea’s real-time parking system market. The increase in investment in developing driverless vehicles, as well as the government's initiative to build smart cities throughout the region, provide opportunities for the real-time parking system market to flourish. The steadily rising share of municipalities motivates the growth rate of the Korean real-time parking system market.
JAPAN Intensifying Smart Technology Adoption to Offset the Costs and Resource Exhaustion. Over the forecast period, Japan’s real-time parking system market is expected to show strong growth. Factors such as rising demand for advanced technologies to reduce environmental impact in this region are expected to drive real-time parking system market growth in Japan. The growing population creates issues with both residential and commercial parking. The effective growth in the number of vehicles, which is causing concerns about parking solutions, is the prime driving reason for Japan’s real-time parking system market expansion. The growing demand for and implementation of IoT-enabled technology is also attempting to push the real-time parking system market growth in Japan.

Category-wise Analysis

Which Segments Dominate the Global Real-Time Parking System Market?

In 2021, the off-street segment held the largest market, accounting for more than 71% of total revenue. The rising penetration of off-street parking can be attributed to an increase in the number of vendors producing applications for parking in separate slots.

Furthermore, to tackle parking issues, multiple smart city projects are recommending better parking space utilization through the use of smart, sensor-based vehicle sensing technologies. The expansion of the number of industries requiring adequate parking and smart detection infrastructures is also fueling development.

In 2021, the commercial segment ruled the market with a sales revenue of more than 40.7%. The elevated adoption of real-time parking systems in shopping malls, athletic fields, workplaces, and movie theatres, among several other public venues, is anticipated to boost commercial segment expansion during the forecast period.

Who are the Leading Players in Real-Time Parking System Market?

Some of the leading real-time parking system providers include Streetline, Smart Parking Ltd., ParkMe Inc., Parknav, T2 SYSTEMS, Spot Innovation, Inc., INRIX, Inc., ParkWhiz API, Robotic Parking Systems, Inc., Cisco Systems, Inc., and PARKMATIC.

These key real-time parking system providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global real-time parking system market. For instance,

  • Park Assist deployed its Parking Guiding System (PGS) to The City of Hollywood's Nebraska parking garage in November 2021. Residents and tourists will be able to pay using ParkMobile and Pay-By-Plate.
  • Continental AG introduced international parking data for the European markets of Austria, Germany, France, Switzerland, Spain, the United Kingdom, and Italy in October 2019. This service provides real-time precise figures from parking zones as well as pertinent information such as opening times, costs, and electric charging infrastructure.
  • China decided to open its first robotic diagonal real-time parking garage in Nanjing, East China, in January 2019. It is a smart parking system that optimizes space utility, fuel usage, and expenditure to raise city livability.
  • Streetline's Parking Software Development Kit (Parking SDK), released in April 2019, is a flexibility innovation that empowers precise estimation of real-time parking demand and accessibility with minimal or no infrastructure facilities.

The Start-up Ecosystem: How key Players are opening Frontiers for Future Growth?

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

  • In 2006, Smart Parking Limited was established. The latest SmartPark system from Smart Parking is a comprehensive, end-to-end solution that incorporates a sensor network with feature displays, and live gateways.
  • ParkMe Inc. was established in 2009. The free ParkMe app for iPhone allows drivers to find parking in real-time. The iPhone app ParkMe utilizes technology to bring exhaustive parking data to your fingertips. The app displays the best parking options near a driver's destination.

Report Scope

Report Attribute Details
Growth Rate CAGR of 8.9% from 2022 to 2032
Market Value in 2022 US$ 40,523.3 Million
Market Value in 2032 US$ 96,406.7 Million
Base Year for Estimates 2021
Historical Data 2016 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in US$ Million and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Type
  • Location
  • Application
  • Region
Regions Covered
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Singapore
  • Malaysia
  • Thailand
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa
  • Israel
Key Companies Profiled
  • Streetline
  • Smart Parking Ltd.
  • ParkMe Inc.
  • Parknav
  • T2 SYSTEMS
  • Spot Innovation Inc.
  • INRIX Inc.
  • ParkWhiz API
  • Robotic Parking Systems Inc.
  • Cisco Systems, Inc.
  • PRAKMATIC
Report Customization & Pricing Available upon Request

Key Segments profiled in the Real-Time Parking System Market Report

Real-Time Parking System by Type:

  • Software
  • Hardware
  • Services

Real-Time Parking System Market by Location:

  • On–Street
  • Off–Street
  • Others

Real-Time Parking System Market by Application:

  • Commercial
  • Personal
  • Transport and Aviation
  • Government
  • Others

Real-Time Parking System Market by Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

What is the current valuation of real-time parking system market?

The global real-time parking system market is forecast to reach US$ 40,523.3 Million in 2022

What is the anticipated growth rate for Real-Time Parking System during the projected period?

As per FMI, the real-time parking system market is expected to grow at a CAGR of 8.9% throughout the forecast period (2022 to 2032).

What is the projected valuation for real-time parking system market by 2032?

The global sales of real-time parking systems are anticipated to total a valuation of US$ 96,406.7 Million by 2032

Who are the prominent Real-Time Parking System providers?

Some of the leading manufacturers include Streetline, Smart Parking Ltd., ParkMe Inc., Parknav, T2 SYSTEMS, Spot Innovation, Inc., INRIX, Inc., ParkWhiz API, Robotic Parking Systems, Inc., Cisco Systems, Inc., and PARKMATIC.

Table of Content

1. Executive Summary | Real-Time Parking System Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2016 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Million) Analysis, 2016 to 2021

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2016 to 2021

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2022 to 2032

        5.3.1. Software

        5.3.2. Hardware

        5.3.3. Services

    5.4. Y-o-Y Growth Trend Analysis By Type, 2016 to 2021

    5.5. Absolute $ Opportunity Analysis By Type, 2022 to 2032

6. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Location

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Location, 2016 to 2021

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Location, 2022 to 2032

        6.3.1. On-street

        6.3.2. Off–street

        6.3.3. Others

    6.4. Y-o-Y Growth Trend Analysis By Location, 2016 to 2021

    6.5. Absolute $ Opportunity Analysis By Location, 2022 to 2032

7. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By Application, 2016 to 2021

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2022 to 2032

        7.3.1. Commercial

        7.3.2. Personal

        7.3.3. Transport and Aviation

        7.3.4. Government

        7.3.5. Others

    7.4. Y-o-Y Growth Trend Analysis By Application, 2016 to 2021

    7.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032

8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2016 to 2021

    8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2022 to 2032

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. South Asia

        8.3.5. East Asia

        8.3.6. Oceania

        8.3.7. Middle East and Africa(MEA)

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        9.2.1. By Country

            9.2.1.1. USA

            9.2.1.2. Canada

        9.2.2. By Type

        9.2.3. By Location

        9.2.4. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Type

        9.3.3. By Location

        9.3.4. By Application

    9.4. Key Takeaways

10. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Type

        10.2.3. By Location

        10.2.4. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Type

        10.3.3. By Location

        10.3.4. By Application

    10.4. Key Takeaways

11. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. United Kingdom

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Type

        11.2.3. By Location

        11.2.4. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Type

        11.3.3. By Location

        11.3.4. By Application

    11.4. Key Takeaways

12. South Asia Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Malaysia

            12.2.1.3. Singapore

            12.2.1.4. Thailand

            12.2.1.5. Rest of South Asia

        12.2.2. By Type

        12.2.3. By Location

        12.2.4. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Type

        12.3.3. By Location

        12.3.4. By Application

    12.4. Key Takeaways

13. East Asia Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Type

        13.2.3. By Location

        13.2.4. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Type

        13.3.3. By Location

        13.3.4. By Application

    13.4. Key Takeaways

14. Oceania Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        14.2.1. By Country

            14.2.1.1. Australia

            14.2.1.2. New Zealand

        14.2.2. By Type

        14.2.3. By Location

        14.2.4. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Type

        14.3.3. By Location

        14.3.4. By Application

    14.4. Key Takeaways

15. Middle East and Africa(MEA) Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country

    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2016 to 2021

    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        15.2.1. By Country

            15.2.1.1. GCC Countries

            15.2.1.2. South Africa

            15.2.1.3. Israel

            15.2.1.4. Rest of Middle East and Africa(MEA)

        15.2.2. By Type

        15.2.3. By Location

        15.2.4. By Application

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Type

        15.3.3. By Location

        15.3.4. By Application

    15.4. Key Takeaways

16. Key Countries Market Analysis

    16.1. USA

        16.1.1. Pricing Analysis

        16.1.2. Market Share Analysis, 2021

            16.1.2.1. By Type

            16.1.2.2. By Location

            16.1.2.3. By Application

    16.2. Canada

        16.2.1. Pricing Analysis

        16.2.2. Market Share Analysis, 2021

            16.2.2.1. By Type

            16.2.2.2. By Location

            16.2.2.3. By Application

    16.3. Brazil

        16.3.1. Pricing Analysis

        16.3.2. Market Share Analysis, 2021

            16.3.2.1. By Type

            16.3.2.2. By Location

            16.3.2.3. By Application

    16.4. Mexico

        16.4.1. Pricing Analysis

        16.4.2. Market Share Analysis, 2021

            16.4.2.1. By Type

            16.4.2.2. By Location

            16.4.2.3. By Application

    16.5. Germany

        16.5.1. Pricing Analysis

        16.5.2. Market Share Analysis, 2021

            16.5.2.1. By Type

            16.5.2.2. By Location

            16.5.2.3. By Application

    16.6. United Kingdom

        16.6.1. Pricing Analysis

        16.6.2. Market Share Analysis, 2021

            16.6.2.1. By Type

            16.6.2.2. By Location

            16.6.2.3. By Application

    16.7. France

        16.7.1. Pricing Analysis

        16.7.2. Market Share Analysis, 2021

            16.7.2.1. By Type

            16.7.2.2. By Location

            16.7.2.3. By Application

    16.8. Spain

        16.8.1. Pricing Analysis

        16.8.2. Market Share Analysis, 2021

            16.8.2.1. By Type

            16.8.2.2. By Location

            16.8.2.3. By Application

    16.9. Italy

        16.9.1. Pricing Analysis

        16.9.2. Market Share Analysis, 2021

            16.9.2.1. By Type

            16.9.2.2. By Location

            16.9.2.3. By Application

    16.10. India

        16.10.1. Pricing Analysis

        16.10.2. Market Share Analysis, 2021

            16.10.2.1. By Type

            16.10.2.2. By Location

            16.10.2.3. By Application

    16.11. Malaysia

        16.11.1. Pricing Analysis

        16.11.2. Market Share Analysis, 2021

            16.11.2.1. By Type

            16.11.2.2. By Location

            16.11.2.3. By Application

    16.12. Singapore

        16.12.1. Pricing Analysis

        16.12.2. Market Share Analysis, 2021

            16.12.2.1. By Type

            16.12.2.2. By Location

            16.12.2.3. By Application

    16.13. Thailand

        16.13.1. Pricing Analysis

        16.13.2. Market Share Analysis, 2021

            16.13.2.1. By Type

            16.13.2.2. By Location

            16.13.2.3. By Application

    16.14. China

        16.14.1. Pricing Analysis

        16.14.2. Market Share Analysis, 2021

            16.14.2.1. By Type

            16.14.2.2. By Location

            16.14.2.3. By Application

    16.15. Japan

        16.15.1. Pricing Analysis

        16.15.2. Market Share Analysis, 2021

            16.15.2.1. By Type

            16.15.2.2. By Location

            16.15.2.3. By Application

    16.16. South Korea

        16.16.1. Pricing Analysis

        16.16.2. Market Share Analysis, 2021

            16.16.2.1. By Type

            16.16.2.2. By Location

            16.16.2.3. By Application

    16.17. Australia

        16.17.1. Pricing Analysis

        16.17.2. Market Share Analysis, 2021

            16.17.2.1. By Type

            16.17.2.2. By Location

            16.17.2.3. By Application

    16.18. New Zealand

        16.18.1. Pricing Analysis

        16.18.2. Market Share Analysis, 2021

            16.18.2.1. By Type

            16.18.2.2. By Location

            16.18.2.3. By Application

    16.19. GCC Countries

        16.19.1. Pricing Analysis

        16.19.2. Market Share Analysis, 2021

            16.19.2.1. By Type

            16.19.2.2. By Location

            16.19.2.3. By Application

    16.20. South Africa

        16.20.1. Pricing Analysis

        16.20.2. Market Share Analysis, 2021

            16.20.2.1. By Type

            16.20.2.2. By Location

            16.20.2.3. By Application

    16.21. Israel

        16.21.1. Pricing Analysis

        16.21.2. Market Share Analysis, 2021

            16.21.2.1. By Type

            16.21.2.2. By Location

            16.21.2.3. By Application

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Type

        17.3.3. By Location

        17.3.4. By Application

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Streetline

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

        18.1.2. Smart Parking Ltd.

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

        18.1.3. ParkMe Inc.

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

        18.1.4. Parknav

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

        18.1.5. T2 SYSTEMS

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

        18.1.6. Spot Innovation, Inc.

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

        18.1.7. INRIX, Inc.

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

        18.1.8. ParkWhiz API

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

        18.1.9. Robotic Parking Systems, Inc.

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

        18.1.10. Cisco Systems, Inc.

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

        18.1.11. PRAKMATIC

            18.1.11.1. Overview

            18.1.11.2. Product Portfolio

            18.1.11.3. Profitability by Market Segments

            18.1.11.4. Sales Footprint

            18.1.11.5. Strategy Overview

                18.1.11.5.1. Marketing Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2016 to 2032

Table 2: Global Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 3: Global Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 4: Global Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 5: North America Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 6: North America Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 7: North America Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 8: North America Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 10: Latin America Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 11: Latin America Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 12: Latin America Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 13: Europe Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 14: Europe Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 15: Europe Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 16: Europe Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 18: South Asia Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 19: South Asia Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 20: South Asia Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 22: East Asia Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 23: East Asia Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 24: East Asia Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 26: Oceania Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 27: Oceania Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 28: Oceania Market Value (US$ Million) Forecast by Application, 2016 to 2032

Table 29: Middle East and Africa(MEA) Market Value (US$ Million) Forecast by Country, 2016 to 2032

Table 30: Middle East and Africa(MEA) Market Value (US$ Million) Forecast by Type, 2016 to 2032

Table 31: Middle East and Africa(MEA) Market Value (US$ Million) Forecast by Location, 2016 to 2032

Table 32: Middle East and Africa(MEA) Market Value (US$ Million) Forecast by Application , 2016 to 2032
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Million) by Type, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by Location, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by Application, 2022 to 2032

Figure 4: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2016 to 2032

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 9: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 10: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 11: Global Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 12: Global Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 13: Global Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 14: Global Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 17: Global Market Attractiveness by Type, 2022 to 2032

Figure 18: Global Market Attractiveness by Location, 2022 to 2032

Figure 19: Global Market Attractiveness by Application, 2022 to 2032

Figure 20: Global Market Attractiveness by Region, 2022 to 2032

Figure 21: North America Market Value (US$ Million) by Type, 2022 to 2032

Figure 22: North America Market Value (US$ Million) by Location, 2022 to 2032

Figure 23: North America Market Value (US$ Million) by Application, 2022 to 2032

Figure 24: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 25: North America Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 28: North America Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 29: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 30: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 31: North America Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 34: North America Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 35: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 36: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 37: North America Market Attractiveness by Type, 2022 to 2032

Figure 38: North America Market Attractiveness by Location, 2022 to 2032

Figure 39: North America Market Attractiveness by Application, 2022 to 2032

Figure 40: North America Market Attractiveness by Country, 2022 to 2032

Figure 41: Latin America Market Value (US$ Million) by Type, 2022 to 2032

Figure 42: Latin America Market Value (US$ Million) by Location, 2022 to 2032

Figure 43: Latin America Market Value (US$ Million) by Application, 2022 to 2032

Figure 44: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 48: Latin America Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 49: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 51: Latin America Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 52: Latin America Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 54: Latin America Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 57: Latin America Market Attractiveness by Type, 2022 to 2032

Figure 58: Latin America Market Attractiveness by Location, 2022 to 2032

Figure 59: Latin America Market Attractiveness by Application, 2022 to 2032

Figure 60: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 61: Europe Market Value (US$ Million) by Type, 2022 to 2032

Figure 62: Europe Market Value (US$ Million) by Location, 2022 to 2032

Figure 63: Europe Market Value (US$ Million) by Application, 2022 to 2032

Figure 64: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 68: Europe Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 69: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 70: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 71: Europe Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 72: Europe Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 73: Europe Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 74: Europe Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 75: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 76: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 77: Europe Market Attractiveness by Type, 2022 to 2032

Figure 78: Europe Market Attractiveness by Location, 2022 to 2032

Figure 79: Europe Market Attractiveness by Application, 2022 to 2032

Figure 80: Europe Market Attractiveness by Country, 2022 to 2032

Figure 81: South Asia Market Value (US$ Million) by Type, 2022 to 2032

Figure 82: South Asia Market Value (US$ Million) by Location, 2022 to 2032

Figure 83: South Asia Market Value (US$ Million) by Application, 2022 to 2032

Figure 84: South Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 88: South Asia Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 89: South Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 91: South Asia Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 92: South Asia Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 94: South Asia Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 95: South Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 96: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 97: South Asia Market Attractiveness by Type, 2022 to 2032

Figure 98: South Asia Market Attractiveness by Location, 2022 to 2032

Figure 99: South Asia Market Attractiveness by Application, 2022 to 2032

Figure 100: South Asia Market Attractiveness by Country, 2022 to 2032

Figure 101: East Asia Market Value (US$ Million) by Type, 2022 to 2032

Figure 102: East Asia Market Value (US$ Million) by Location, 2022 to 2032

Figure 103: East Asia Market Value (US$ Million) by Application, 2022 to 2032

Figure 104: East Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 108: East Asia Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 109: East Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 111: East Asia Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 112: East Asia Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 114: East Asia Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 117: East Asia Market Attractiveness by Type, 2022 to 2032

Figure 118: East Asia Market Attractiveness by Location, 2022 to 2032

Figure 119: East Asia Market Attractiveness by Application, 2022 to 2032

Figure 120: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 121: Oceania Market Value (US$ Million) by Type, 2022 to 2032

Figure 122: Oceania Market Value (US$ Million) by Location, 2022 to 2032

Figure 123: Oceania Market Value (US$ Million) by Application, 2022 to 2032

Figure 124: Oceania Market Value (US$ Million) by Country, 2022 to 2032

Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 128: Oceania Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 129: Oceania Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 131: Oceania Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 132: Oceania Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 134: Oceania Market Value (US$ Million) Analysis by Application, 2016 to 2032

Figure 135: Oceania Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 136: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 137: Oceania Market Attractiveness by Type, 2022 to 2032

Figure 138: Oceania Market Attractiveness by Location, 2022 to 2032

Figure 139: Oceania Market Attractiveness by Application, 2022 to 2032

Figure 140: Oceania Market Attractiveness by Country, 2022 to 2032

Figure 141: Middle East and Africa(MEA) Market Value (US$ Million) by Type, 2022 to 2032

Figure 142: Middle East and Africa(MEA) Market Value (US$ Million) by Location, 2022 to 2032

Figure 143: Middle East and Africa(MEA) Market Value (US$ Million) by Application , 2022 to 2032

Figure 144: Middle East and Africa(MEA) Market Value (US$ Million) by Country, 2022 to 2032

Figure 145: Middle East and Africa(MEA) Market Value (US$ Million) Analysis by Country, 2016 to 2032

Figure 146: Middle East and Africa(MEA) Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 147: Middle East and Africa(MEA) Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 148: Middle East and Africa(MEA) Market Value (US$ Million) Analysis by Type, 2016 to 2032

Figure 149: Middle East and Africa(MEA) Market Value Share (%) and BPS Analysis by Type, 2022 to 2032

Figure 150: Middle East and Africa(MEA) Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032

Figure 151: Middle East and Africa(MEA) Market Value (US$ Million) Analysis by Location, 2016 to 2032

Figure 152: Middle East and Africa(MEA) Market Value Share (%) and BPS Analysis by Location, 2022 to 2032

Figure 153: Middle East and Africa(MEA) Market Y-o-Y Growth (%) Projections by Location, 2022 to 2032

Figure 154: Middle East and Africa(MEA) Market Value (US$ Million) Analysis by Application , 2016 to 2032

Figure 155: Middle East and Africa(MEA) Market Value Share (%) and BPS Analysis by Application , 2022 to 2032

Figure 156: Middle East and Africa(MEA) Market Y-o-Y Growth (%) Projections by Application , 2022 to 2032

Figure 157: Middle East and Africa(MEA) Market Attractiveness by Type, 2022 to 2032

Figure 158: Middle East and Africa(MEA) Market Attractiveness by Location, 2022 to 2032

Figure 159: Middle East and Africa(MEA) Market Attractiveness by Application , 2022 to 2032

Figure 160: Middle East and Africa(MEA) Market Attractiveness by Country, 2022 to 2032

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