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

  • Global ITS market expected to reach US$ 30.2 billion by 2019
    October 3, 2013
    According to a new market report published by Transparency Market Research, "Intelligent Transportation System (ITS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market for ITS is expected to reach a value of USD 30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand for ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only r
    Read More
  • Fifty per cent of consumer cars to have telematics devices by 2022
    June 23, 2017
    A new report from Juniper Research has revealed that, by 2022, 50 per cent of consumer vehicles on the road will have at least one connectivity service, such as telematics, V2X (vehicle-to-everything) communications, or connected car commerce services.
    Read More
  • MaaS: 'It's been much easier to convince politicians than we expected'
    August 11, 2021
    As she leaves the Mobility as a Service sector, Piia Karjalainen explains why the user must continue to be the focus – and why we haven’t yet even seen half of the innovations available 
    Read More
  • New report sheds light on the road safety market
    October 5, 2015
    MarketsandMarkets’ latest report, Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019) claims that major driving factors responsible for the growth of the market are the constant need for road safety and public security, new infrastructural development, and traffic congestion and longer commuting. The significa
    Read More

Highlighted Content