1. Home
  2. > Construction
  3. > Urban Development Market Trends
Parking Management Solutions Global Market Report 2022: Ukraine-Russia War Impact

Parking Management Solutions Global Market Report 2022: Ukraine-Russia War Impact

  • November 2022
  • 175 pages
  • ID: 6368690
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the parking management solutions market are Amano Corporation, Bosch Group, Siemens AG, Skidata GmbH, Swarco Corporation, T2 Systems, Flowbird Group, TIBA PARKING SYSTEMS, IPS Group, Chetu, Conduent Inc., Q-Free ASA, FlashParking, ParkMobile, SpotHero, Get My Parking, INRIX Inc., Skyline Parking AG, Unitronics (1989) (RG) Ltd., Cleverciti Systems GmbH, DELOPT, Bond Traffic Solutions, FlashParking Inc., Infocomm Group LLC, and ParkMobile Inc.

The global parking management solutions market is expected to grow from $3.30 billion in 2021 to $3.71 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The parking management solutions market is expected to reach $5.50 billion in 2026 at a CAGR of 10.3%.

The parking management solutions market consists of the sale of parking management solutions and services by entities (organizations, sole traders, and partnerships) that are used by individuals or organizations to manage their parking systems.Parking management solutions refer to innovative technologies that provide solutions to manage parking.

The parking management system has various features such as digitization of payments, enforcement processes, access control, and others.

The main types of parking management solutions are services and solutions.The different solutions include access control, security and surveillance, revenue management, parking reservation management, valet parking management, and others.

Access control solutions refer to control systems that prevent unauthorized individuals from entering a parking lot.Access control is a parking management solution that is used for securing high-security venues and commercial offices.

The two types of parking sites are on-site parking and off-site parking that uses technologies such as parking meters and parking kiosks. It is used in transport, commercial and government applications.

North America was the largest region in the parking management solutions market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in the parking management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Cloud-native parking management solutions are expected to propel the growth of the parking management solutions market going forward.Cloud-native technology is a way of designing, building, and running workloads in the cloud that reaps the benefits of the cloud computing model.

Cloud-native technology in parking management solutions will help the parking management solutions market to provide better service for their customers.For instance, according to Tigera, a US-based cloud-native application protection company, in 2022, 75% of companies are putting their focus on using and developing cloud-native applications.

Also, according to another report by the Cloud-Native Computing Foundation, a US-based open-source software foundation, in 2020 there were approximately 6.5 million cloud-native developers in the world, which was 1.8 million more developers than in 2019. Therefore, cloud-native parking solutions are driving the growth of parking management solutions.

Technological advancements are a key trend in the parking management solutions market.Major companies operating in the parking management solutions sector are using new technologies such as automated valet parking robots, robot car parks, car parking lifts, and others to sustain their position in the market.

For instance, in March 2020, Q-Free, a Norway-based tolling, parking, and traffic management company, announced the deployment of its new parking guidance system.This system uses ultrasonic directional sensors and USDS parking sensors to check the availability of space and reduce installation costs.

This system will allow the city to post parking information through an app or website to help drivers find the perfect parking spot.

In May 2020, APCOA PARKING, a Germany-based parking operations and management company, entered into a strategic partnership with HERE Technologies for an undisclosed amount.This partnership enables APCOA to help pursue business opportunities and build a parking solution for car makers, mobility service providers, and smart cities.

HERE Technologies is a Dutch-based company that deals with mapping, location, and other automotive services.

The countries covered in the parking management solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The parking management solutions market research report is one of a series of new reports that provides parking management solutions market statistics, including global market size, regional shares, competitors with a parking management solutions market share, detailed parking management solutions market segments, market trends and opportunities, and any further data you may need to thrive in the parking management solutions industry. This parking management solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Integrated Traffic Systems Market Research Report by Hardware, Sensor Type, Function, Country - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - North America Forecast 2023-2030

  • $ 3949
  • January 2023
  • 159 pages

Integrated Traffic Systems Market Research Report by Hardware (Display Boards, Interface Boards, and Radars), Sensor Type, Function, Country - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and ...

  • North America
  • Marketing Research
  • Advertising
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on