Parking Management Solution Market — Dynamics, Comprehensive Analysis, Business Growth, Prospects and Opportunities 2025

Parking management solution are a set of hardware designed and manufactured to manage parking space in a particular location. It consists of monochrome displays, LED light indicators, solar panel/battery, RFID tags, sensors, automated payment systems and centralized data management system that allow people to find parking in desired locations. 
The demand for parking management solution market is expected to increase in the coming years owing to rapid increase in automobile usage and increasing adoption for smart city projects across world. Thus, the need for parking management solution is expected to become prominent among government/transportation and private agencies for the smooth running of traffic across streets during the forecast period 2017-2025.
This research report provides in-depth analysis of the global parking management solution market for the period of 2015 – 2025, wherein 2016 is the base year and 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. It also provides the comprehensive analysis of parking management solution market based on type, installed location type and geography.
The report also provides an analysis of the factors that drive and restrain the growth of the parking management solution market. It discusses the prevailing prospective growth opportunities, and major strategies increasing the popularity of the global parking management solution market.
The objective of this study is to understand the factors aiding the growth of parking management solution market. The report further aims to identify various factors that are expected to support the expansion of parking management solution market in the emerging markets. 
The report also provides Porter’s Five Forces Analysis for the global Parking management solution market. It also encompasses the key factors aiding the growth by region in the parking management solution market. It also provides the market estimates and forecasts for all the segments in terms of revenue (in US$ Bn) and volume (Mn Units).
The global parking management solution market is categorized based on type into parking meters (single-space parking meter) and parking kiosks (multi-space parking meter) type. Furthermore, the research report provides the complete insights into different parking management solution providers through installed location types which includes on-street parking and parking venues (parking deck, parking complex, etc). The report analyzes each of these segments for various geographies considered under the scope of the study.

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