Strategic analysis of smart parking

The latest study by Research and Markets analyses smart parking systems and their influence on the parking industry through technology-enabled parking solutions. Strategic Analysis of Smart Parking Market in Europe and North America describes the ecosystem and market size for smart parking in Europe and North America, and analyses the strategies of major parking operators, and parking app, infrastructure, and parking management companies. It also evaluates the link between parking and automotive indu
April 16, 2015 Read time: 2 mins
The latest study by 7527 Research and Markets analyses smart parking systems and their influence on the parking industry through technology-enabled parking solutions.

Strategic Analysis of Smart Parking Market in Europe and North America describes the ecosystem and market size for smart parking in Europe and North America, and analyses 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.

Top 20 parking app providers in Europe and North America already offer million parking spaces on behalf of million users. Their business model is expected to evolve to combine booking, payment, analytics, and demand-based pricing.

Investment and strategic partnerships are being sought by several industry segments such as the automotive industry. 1731 BMW (ParkNow, 2133 Parkmobile) and 2069 Daimler (Park2gether, GottaPark) are currently the leading OEMs in parking management solutions.
Parking & Access Control

For more information on companies in this article

Related Content

  • Manchester seeks smart but not selective transport solutions
    January 25, 2018
    Smarter transport relies on better communications both with travellers and between transport providers. Andrew Williams reports. Inrix’s prediction that the cost of traffic congestion will rise by 63% to £21bn per year by 2030 clearly illustrates that, in addition to the ongoing inconvenience and inefficiency, ongoing gridlock is a significant drain on the economy. It is against this backdrop that a Cisco-led consortium has launched CitySpire, a smart transport programme that uses location-based services a
    Read More
  • Smart parking system market to reach US$368.7 million by 2024
    May 27, 2016
    The global smart parking system market size is expected to reach US$368.7 million by 2024 according to a new study by Grand View Research, Inc. Favourable government initiatives and increasing public sector funding will favour the growth and adoption of smart parking system for the forecast period. The industry is anticipated to witness an upsurge in demand for smart parking systems in transport transit and commercial applications segment, and it is subsequently expected to impel the growth in the industry.
    Read More
  • Kerb your enthusiasm, warns Passport
    March 4, 2019
    Dynamic kerbside management is crucial if urban authorities are to address increasingly chaotic situations caused by the gig economy and mobility innovation, says Adam Warnes at Passport Demand for the kerbside is growing and changing and it’s no surprise when you consider the recent innovations within the mobility industry. For starters, there are new modes of transport, including ride-shares, electric vehicles (EVs), dockless cycles, last-mile consolidations and autonomous vehicles (AVs). Secondly, the
    Read More
  • Making ITS connections requires leadership
    January 23, 2020
    From making the commute more bearable to saving the planet, Jim Alfred of BlackBerry Certicom believes that ITS has the capacity to drive a range of transformational opportunities – but leadership is required, he warns
    Read More

Highlighted Content