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.

Nikhil Kaitwade
Nikhil Kaitwade

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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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