The parking management market in North America is expected to grow from US$ 8,923.28 million in 2021 to US$ 12,084.70 million by 2028; it is estimated to register a CAGR of 4.4% from 2021 to 2028. The major cities in several countries across the region are adopting smart technologies to reduce day-to-day traffic and parking challenges. Traffic and parking spots have been a long-lasting problem in both developed and developing countries. There are tremendous rivalries happen worldwide and should require the investigation of MARKET ANALYSIS, for example, Top Competitors/Top Players are: Amano Corporation.; FlashParking; Flowbird Group; GROUP Indigo; PASSPORT LABS, INC.; PRECISE PARKLINK INC.; Robert Bosch GmbH; Siemens AG; T2 Systems, Inc; and TIBA PARKING SYSTEMS
A few smart technologies experiencing tremendous growth in the current parking management system include parking guidance information systems, automated parking, smart parking payment system, and parking reservation systems. In addition to these technologies, the demand for security and safety of the parked vehicles is increasing rapidly among the drivers and vehicle owners, which is propelling the demand for parking surveillance system, thereby creating substantial market space for parking management companies to grow over the years. Another factor boosting the adoption of smart technologies in parking management is that these technologies optimize vacant space and provide real-time parking space information. This facilitates the drivers in easily parking the vehicles on-street and off-street.
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Leading companies reviewed in the market report are:– Amano Corporation.
– Flowbird Group
– GROUP Indigo
– PASSPORT LABS, INC.
– PRECISE PARKLINK INC.
– Robert Bosch GmbH
– Siemens AG
– T2 Systems, Inc
– TIBA PARKING SYSTEMS
Key Offerings: Graphical presentation of global as well as regional investigation A brief introduction to the Research and Business Overview of the market Selected illustrations of market trends Example pages from the North America Parking Management report Syndicate Market Research Methodology
To compute the North America Parking Management Market size, the report considers the income produced from the deals of the market suppliers. The income created from the deals of market is determined through essential and optional exploration. The vital participants working in the market across the globe are recognized through optional examination and a comparing definite investigation of the top merchants in the market is finished. The market size figuring additionally incorporates clinical preliminary stage division decided utilizing optional sources and confirmed through essential sources.
Major Type of North America Parking Management Market Research report:On-street and Off-street
Major Application of North America Parking Management Market Research report:
On-premise and Cloud
Segment Assessment: Global North America Parking Management Market Research Analysis
In this dedicated section of the report, readers are presented with decisive clarity towards highlighting the most effective segment that enables heavy revenue flow. Relevant details about other market segments are also discussed in the report to derive logical conclusions about the most prominent segments in the global North America Parking Management Market.
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COVID-19 Impact Analysis
North America Parking Management Market study report investigations the effect of Coronavirus (COVID-19) on the main producers in the business. In December 2019, the principal instance of the Covid-19 infection was accounted for in China. From that point forward, the infection has spread to almost 180+ nations around the globe. The episode of Covid-19 has influenced numerous variables, for example, flight abrogations and seclusion, presentation of a highly sensitive situation in numerous nations, gigantic store network speed, financial exchange vulnerability, conclusion of eateries, restriction on every single indoor occasion, declining business ensures, developing populace frenzy and frenzy among the populace and Uncertainty about what’s to come.
North America Parking Management Regional and Country-wise Analysis:North America (U.S., Canada, Mexico) Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS) Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific) Latin America (Brazil, Rest of Latin America) The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World…
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