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

  • MaaS must be seamless and invisible - or forget it
    June 5, 2018
    MaaS experts from around the world converged on ITS International’s MaaS Market Atlanta conference to talk about how MaaS can be implemented in the US. Andrew Bardin Williams had a front row seat. Transportation experts from around the world gathered in the US earlier this month to discuss the future of Mobility as a Service (MaaS) and how it could be deployed in the US market. While most attendees at ITS International’s MaaS Market Atlanta conference were familiar with the MaaS concept, the US’s highly
    Read More
  • Hurdles to MaaS adoption highlighted
    January 25, 2018
    Jack Opiola talks to some MaaS advocates in the US. Cities will accommodate almost 60% of the world’s population by 2025 and technology is outpacing transportation plans and planners - putting extreme pressures upon planners and transportation systems alike. Big data, digital payments, ubiquitous communications, smartphone applications, on-demand travel and autonomous vehicles are all shredding existing transport plans. Never before has the pace of population growth and the tools to address this problem
    Read More
  • EU strategic implementation plan to invest in smart cities
    October 25, 2013
    The European Commission (EU) is expected to invest around US$276 million to create smart cities in the next two years. The High Level Group of the European Innovation Partnership (EIP) for Smart Cities and Communities has agreed the Strategic Implementation Plan (SIP) which will serve as the basis for speeding up the deployment of Smart City solutions in Europe. The SIP is drafted by and based on a thorough consultation of representatives from industry, cities, civil society and research including UITP.
    Read More
  • Virtual cockpit in cars ‘edges closer to reality’
    September 3, 2015
    New analysis from Frost & Sullivan, Rise of Virtual Cockpits in Cars finds that the instrument cluster (IC) market in North America and Europe is expected to clock a compound annual growth rate (CAGR) of 2.2 percent from 2014 to 2021, with digital IC expected to reach a CAGR of approx. 26 percent by 2021. While the virtual cockpit will be limited to premium-segment vehicles, fully digital clusters that will be standard in about 20 percent of cars will also be offered as an option on medium-segment cars.
    Read More

Highlighted Content