Strategic Analysis of Smart Parking Market in Europe and North America

The study analyses smart parking systems and their influence on the parking industry through technology-enabled parking solutions. It describes the ecosystem and market size for smart parking in Europe and North America, and analyzes the strategies of major parking operators, and parking app, infrastructure, and parking management companies. It also evaluates the link between parking and automotive industries, while highlighting investment and strategic partnerships. The study also discusses challenges in parking management and how the industry is working with city councils, governments, and infrastructure providers to deliver best services.
Published: 9 Apr 2015

Strategic Analysis of Smart Parking Market in Europe and North America

Smart Parking Revenue is Expected to Grow at a CAGR of 17.9% to Reach $43.084 Billion in 2025

The study analyses smart parking systems and their influence on the parking industry through technology-enabled parking solutions. It describes the ecosystem and market size for smart parking in Europe and North America, and analyzes the strategies of major parking operators, and parking app, infrastructure, and parking management companies. It also evaluates the link between parking and automotive industries, while highlighting investment and strategic partnerships. The study also discusses challenges in parking management and how the industry is working with city councils, governments, and infrastructure providers to deliver best services.

Key Questions this Study will Answer

  • What is the business environment of the parking industry, the dynamics, and other related industries?
  • How is parking transforming into a major area of focus for cities, mobility providers, automakers, policy makers, and information technology majors?
  • What are and will be the key trends in the current and future parking industry? What level of modernisation and innovation does the parking industry exhibit?
  • What are the challenges in parking management and how is the industry working with city councils, governments, automakers, and infrastructure providers to deliver best services?
  • Who are the new participants in the parking industry and what is the level of convergence? How are automotive OEMs integrating parking into the vehicle and what is the level of integration?
  • What are the key revenue streams of smart parking model and what is the estimated growth potential by 2025?

Features of this Research

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