Skip to main content

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.

For more information on companies in this article

Related Content

  • ITS market ‘expected to reach US$24.75 billion by 2017’
    January 10, 2014
    According to the latest research report from research and Markets, the global intelligent transportation system (ITS) market is expected to reach $24.75 billion by 2017 at an estimated CAGR of 12 per cent. North America is seen as a market leader in the ITS market. This report deals with all the driving factors, restraints, and opportunities for the ITS market, which are helpful in identifying trends and key success factors for the industry. The report also profiles companies active in the field of ITS a
  • Flexibility, interoperability is key to future traffic management
    February 3, 2012
    Jon Taylor of Faber Maunsell and Tabatha Bailey of Transport for London describe how an unusual mix of traffic practitioners, researchers and industry are working together to build new tools for the future. As we face higher expectations for managing congestion from both citizens and politicians, and as more and more data is becoming available from new sources, our traffic management challenge is changing.
  • Smart parking systems can help reduce traffic congestion, report finds
    September 22, 2015
    According to a recent report from Navigant Research, global revenue for smart parking systems is expected to total $1.5 billion from 2015 to 2024. The report, Smart Parking Systems, analyses the evolution of smart parking technology and the smart parking systems market, including global market forecasts for smart parking systems hardware, software, and services through 2024. The parking industry is being revolutionised by new technologies that enable cities to reduce levels of traffic congestion, conserv
  • Investment and innovation the future of ITS
    January 31, 2012
    Cisco's Paul Brubaker, former administrator of the US Department of Transportation's (USDOT's) Research and Innovative Technology Administration (RITA), takes a look at how the ITS sector is starting to attract the attention of major corporations and what this will mean for intelligent transportation in the coming years