Parking Management Market by Software and Professional Services, by Solution (Access Control, Security & Surveillance, Fee & Revenue Management, Enforcement & Permit Management) - Global Forecast to 2021

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Date: 05-Oct-2016
No. of pages: 147
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“The need to reduce traffic congestion and vehicular pollution will drive the parking management systems market”

The parking management systems market size is estimated to grow from USD 3.03billion in 2016 to USD 5.00billion by 2021, at an estimated CAGR of 10.6%. The parking management systems market is driven by factors such as the need to reduce traffic congestion and vehicular pollution, concerns regarding safety, security, and connectivity among travelers, and heavy production of vehicles throughout the world. Whereas, high implementation cost constraints and lack of system integration limit the growth of parking management market.  

“Professional services segment is expected to grow at the highest CAGR during the forecast period”

The organizations are rapidly growing their partnership networks to deploy the parking management solutions across globe. Thus, the professional services segment is expected to grow at the highest CAGR during the forecast period, as compared to the software segment. The professional services segment also exhibit a greater share of the parking management market from 2016 to 2021, as compared to the software segment.

“Off-street parking site segment is expected to contribute the largest market share during the forecast period”

Off street parking site segment is expected to have the largest market share as well as the highest CAGR of 11.7%and will dominate the parking management systems market from 2016 to 2021, as compared to on street parking site segment as most of the parking spaces nowadays are off street.

“Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period”

APAC includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying parking management solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the rise in demand of parking management solutions in verticals such as transportation and governments and municipalities due to increase in urbanization, regional economic growth, proliferation of mass transit systems, and rise in public parking spaces maintained by the government and municipalities. Furthermore, North America is expected to have the largest market size in 2021.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the parking management systems market place.


  • By Company Type: Tier 1: 25%, Tier 2: 50%, Tier 3: 25%

  • By Designation: C-Level: 25%, Director Level: 50%, Others: 25%

  • By Region: North America: 25%, Europe: 25%, APAC: 50%


The report includes the study of key players offering adaptive security solutions such as XEROX Corporation (U.S.), Siemens AG (Germany), Kapsch TrafficCom AG (Austria), AMANO Corporation (Japan), Cubic Corporation (U.S.), SWARCO AG (Austria), INRIX, Inc. (U.S), INDIGO (France), T2 Systems, Inc. (U.S.), and SKIDATA AG (Austria).

Research Coverage:

The report provides a picture on parking management systems and associated services across different verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as solutions, software and service, parking site types, verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall parking management systems market and sub segments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

Parking Management Market by Software and Professional Services, by Solution (Access Control, Security & Surveillance, Fee & Revenue Management, Enforcement & Permit Management) - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions and Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Market
4.2 Parking Management Market, By Solution, 2016-2021
4.3 Top Three Solutions and Verticals, 2016
4.4 Lifecycle Analysis, By Region
4.5 Market Investment Scenario

5 Parking Management Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Software and Service
5.2.2 By Parking Site Type
5.2.3 By Solution
5.2.4 By Vertical
5.2.5 By Region
5.3 Evolution
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Global Focus on Seamless Traffic Flow and Reduction in Fuel Pollution
5.4.1.2 Increased Production of Vehicles Leading to Parking Concerns
5.4.1.3 Concern for Safety, Security, and Connectivity Boosts the Use of Parking Management Solutions
5.4.2 Restraints
5.4.2.1 Lack of System Integration
5.4.2.2 High Implementation Cost
5.4.3 Opportunities
5.4.3.1 Increasing Adoption of Smart Cities By Governments Across Regions
5.4.3.2 Proliferation of Mobile Phones
5.4.3.3 Utilization of Unused Parking Spaces
5.4.4 Challenges
5.4.4.1 Lack of Technologically Skilled Personnel to Operate Sophisticated Parking Equipment
5.4.4.2 Lack of Awareness About the Benefits of Parking Management

6 Parking Management Market: Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Solution Providers
6.2.2 Cloud Providers
6.2.3 Service Providers
6.2.4 Verticals
6.3 Ecosystem
6.4 Strategic Benchmarking

7 Parking Management Market Analysis, By Software and Service
7.1 Introduction
7.2 Software
7.2.1 Parking Information Systems
7.2.2 Parking Payment Systems
7.3 Professional Services
7.3.1 Deployment and Customization
7.3.2 Maintenance and Support

8 Parking Management Market Analysis, By Parking Site Type
8.1 Introduction
8.2 Off-Street Parking
8.3 On-Street Parking

9 Parking Management Market Analysis, By Solution
9.1 Introduction
9.2 Access Control
9.2.1 Biometrics
9.2.2 ID Management
9.2.3 License Plate Recognition-Based Automatic Vehicle Identification
9.3 Security and Surveillance
9.4 Parking Fee and Revenue Management
9.4.1 Coin-Based Revenue Management
9.4.2 Smart Card-Based Revenue Management
9.4.3 Pay-By-Plate Revenue Management
9.5 Parking Reservation Management
9.6 Valet Parking Management
9.7 Parking Fee Enforcement and Permit Management
9.8 Parking Guidance and Slot Management

10 Parking Management Market Analysis, By Vertical
10.1 Introduction
10.2 Academia
10.3 Government and Municipalities
10.4 Transportation
10.5 Recreation
10.6 Healthcare
10.7 Hospitality
10.8 Retail
10.9 Corporate and Commercial Parks
10.10 BFSI
10.11 Other Verticals (Residential, Tourist Spots, and Religious Spots)

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.2 Canada
11.3 Europe
11.4 Asia-Pacific (APAC)
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Introduction
12.2 Competitive Situations and Trends
12.2.1 Mergers and Acquisitions
12.2.2 Partnerships, Collaborations, and Agreements
12.2.3 New Product Launches
12.2.4 Expansions

13 Company Profiles
13.1 Introduction
13.2 Xerox Corporation
13.2.1 Business Overview
13.2.2 Products Offered
13.2.3 Recent Developments
13.2.4 MnM View
13.2.4.1 Key Strategies
13.2.4.2 SWOT Analysis
13.3 Siemens AG
13.3.1 Business Overview
13.3.2 Solutions Offered
13.3.3 Recent Developments
13.3.4 MnM View
13.3.4.1 Key Strategies
13.3.4.2 SWOT Analysis
13.4 Kapsch Trafficcom AG
13.4.1 Business Overview
13.4.2 Products Offered
13.4.3 Recent Developments
13.4.4 MnM View
13.4.4.1 Key Strategies
13.4.4.2 SWOT Analysis
13.5 Amano Corporation
13.5.1 Business Overview
13.5.2 Products Offered
13.5.3 Recent Developments
13.5.4 MnM View
13.5.4.1 Key Strategies
13.5.4.2 SWOT Analysis
13.6 Cubic Corporation
13.6.1 Business Overview
13.6.2 Solutions and Services Offered
13.6.3 Recent Developments
13.6.4 MnM View
13.6.4.1 Key Strategies
13.6.4.2 SWOT Analysis
13.7 Swarco AG
13.7.1 Business Overview
13.7.2 Solutions Offered
13.7.3 Recent Developments
13.7.4 MnM View
13.7.4.1 Key Strategies
13.8 Inrix, Inc.
13.8.1 Business Overview
13.8.2 Solutions Offered
13.8.3 Recent Developments
13.8.4 MnM View
13.8.4.1 Key Strategies
13.9 Indigo
13.9.1 Business Overview
13.9.2 Solutions Offered
13.9.3 Recent Developments
13.9.4 MnM View
13.9.4.1 Key Strategies
13.10 T2 Systems, Inc.
13.10.1 Business Overview
13.10.2 Solutions Offered
13.10.3 Recent Developments
13.10.4 MnM View
13.10.4.1 Key Strategies
13.11 Skidata AG
13.11.1 Business Overview
13.11.2 Solutions and Services Offered
13.11.3 Recent Developments
13.11.4 MnM View
13.11.4.1 Key Strategies

List of Tables

Table 1 Parking Management Market Size, By Parkingsite Type, 2014–2021 (USD Million)
Table 2 Market Size, By Software and Service, 2014-2021 (USD Million)
Table 3 Software: Market Size, By Type, 2014-2021 (USD Million)
Table 4 Parking Information Systems Market Size, By Region, 2014-2021 (USD Million)
Table 5 Parking Payment Systems Market Size, By Region, 2014-2021 (USD Million)
Table 6 Professional Services: Market Size, By Type 2014-2021 (USD Million)
Table 7 Deployment and Customization Market Size, By Region, 2014-2021 (USD Million)
Table 8 Maintenance and Support Market Size, By Region, 2014-2021 (USD Million)
Table 9 Parking Management Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 10 Off-Street Parking: Market Size, By Region, 2014-2021 (USD Million)
Table 11 On-Street Parking: Market Size, By Region, 2014-2021 (USD Million)
Table 12 Parking Management Market Size, By Solution, 2014-2021 (USD Million)
Table 13 Access Control: Market Size, By Type, 2014-2021 (USD Million)
Table 14 Biometrics Market Size, By Region, 2014-2021 (USD Million)
Table 15 ID Management Market Size, By Region, 2014-2021 (USD Million)
Table 16 License Plate Recognition-Based Automatic Vehicle Identification Market Size, By Region, 2014-2021 (USD Million)
Table 17 Security and Surveillance: Market Size, By Region, 2014-2021 (USD Million)
Table 18 Parking Fee and Revenue Management: Market Size, By Type, 2014-2021 (USD Million)
Table 19 Coin-Based Revenue Management: Market Size, By Region, 2014-2021 (USD Million)
Table 20 Smart Card-Based Revenue Management: Market Size, By Region, 2014-2021 (USD Million)
Table 21 Pay-By-Plate Revenue Management: Market Size, By Region, 2014-2021 (USD Million)
Table 22 Parking Reservation Management: Market Size, By Region, 2014-2021 (USD Million)
Table 23 Valet Parking Management: Market Size, By Region, 2014-2021 (USD Million)
Table 24 Parking Fee Enforcement and Permit Management: Market Size, By Region, 2014-2021 (USD Million)
Table 25 Parking Guidance and Slot Management: Market Size, By Region, 2014-2021 (USD Million)
Table 26 Parking Management Market Size, By Vertical, 2014-2021 (USD Million)
Table 27 Academia: Market Size, By Region, 2014-2021 (USD Million)
Table 28 Government and Municipalities: Market Size, By Region, 2014-2021 (USD Million)
Table 29 Transportation: Market Size, By Region, 2014-2021 (USD Million)
Table 30 Recreation: Market Size, By Region, 2014-2021 (USD Million)
Table 31 Healthcare: Market Size, By Region, 2014-2021 (USD Million)
Table 32 Hospitality: Market Size, By Region, 2014-2021 (USD Million)
Table 33 Retail: Parking Management Market Size, By Region, 2014-2021 (USD Million)
Table 34 Corporate and Commercial Park: Market Size, By Region, 2014-2021 (USD Million)
Table 35 BFSI: Market Size, By Region, 2014-2021 (USD Million)
Table 36 Other Verticals: Market Size, By Region, 2014-2021 (USD Million)
Table 37 Parking Management Market Size, By Region, 2014-2021 (USD Million)
Table 38 North America: Market Size, By Software and Service, 2014-2021 (USD Million)
Table 39 North America: Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 40 United States: Market Size, By Software and Service , 2014–2021 (USD Million)
Table 41 United States: Market Size, By Software Type, 2014–2021 (USD Million)
Table 42 United States: Market Size, By Professional Service Type, 2014–2021 (USD Million)
Table 43 United States: Market Size, By Parking Site Type, 2014–2021 (USD Million)
Table 44 United States: Market Size, By Solution, 2014–2021 (USD Million)
Table 45 United States: Market Size, By Vertical, 2014–2021 (USD Million)
Table 46 Canada: Parking Management Market Size, By Software and Service, 2014–2021 (USD Million)
Table 47 Canada: Market Size, By Software Type, 2014–2021 (USD Million)
Table 48 Canada: Market Size, By Professional Service Type, 2014–2021 (USD Million)
Table 49 Canada: Market Size, By Parking Site Type, 2014–2021 (USD Million)
Table 50 Canada: Market Size, By Solution, 2014–2021 (USD Million)
Table 51 Canada: Market Size, By Vertical, 2014–2021 (USD Million)
Table 52 Europe: Parking Management Market Size, By Software and Service 2014 - 2021 (USD Million)
Table 53 Europe: Market Size, By Software Type, 2014-2021 (USD Million)
Table 54 Europe: Market Size, By Professional Service Type, 2014-2021 (USD Million)
Table 55 Europe: Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 56 Europe: Market Size, By Solution, 2014-2021 (USD Million)
Table 57 Europe: Market Size, By Vertical, 2014-2021 (USD Million)
Table 58 Asia-Pacific: Parking Management Market Size, By Software and Service , 2014-2021 (USD Million)
Table 59 Asia-Pacific: Parking Software Market Size, By Software Type 2014-2021 (USD Million)
Table 60 Asia-Pacific: Service Market Size, By Professional Services Type, 2014-2021 (USD Million)
Table 61 Asia-Pacific: Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 62 Asia-Pacific: Market Size, By Solution, 2014-2021 (USD Million)
Table 63 Asia-Pacific: Market Size, By Vertical, 2014-2021 (USD Million)
Table 64 Middle East and Africa: Market Size, By Software and Service , 2014-2021 (USD Million)
Table 65 Middle East and Africa: Market Size, By Software Type , 2014-2021 (USD Million)
Table 66 Middle East and Africa: Market Size, By Professional Services Type, 2014-2021 (USD Million)
Table 67 Middle East and Africa: Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 68 Middle East and Africa: Market Size, By Solution, 2014-2021 (USD Million)
Table 69 Middle East and Africa: Market Size, By Vertical, 2014-2021 (USD Million)
Table 70 Latin America: Parking Management Market Size, Bysoftware and Service , 2014-2021 (USD Million)
Table 71 Latin America: Parking Software Market Size, By Software Type , 2014-2021 (USD Million)
Table 72 Latin America: Professional Services Market Size, By Professional Service Type 2014-2021 (USD Million)
Table 73 Latin America: Market Size, By Parking Site Type, 2014-2021 (USD Million)
Table 74 Latin America: Market Size, By Solution, 2014-2021 (USD Million)
Table 75 Latin America: Access Control Market Size, By Vertical, 2014-2021 (USD Million)
Table 76 Mergers and Acquisitions, 2013-2016
Table 77 Partnerships,Collaborations, and Agreements, 2013-2016
Table 78 New Product Launches, 2013- 2016
Table 79 Expansions, 2014- 2015

List of Figures

Figure 1 Parking Management Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Global Parking Management Market: Assumptions
Figure 7 Limitations
Figure 8 Off-Street Parking Site Type is Expected to Have the Largest Market Size During the Forecast Period
Figure 9 Top Three Revenue Segments in 2016
Figure 10 North America is Expected to Hold the Largest Market Share in 2016
Figure 11 The Global Parking Management Market is Set to Witness Growth Owing to Increased Implementation of Planned Cities During the Forecast Period
Figure 12 Parking Fee and Revenue Management Solutions Expected to Witness Fastest Growth During the Forecast Period
Figure 13 Top Three Solutions and Verticals in the Parking Management Market
Figure 14 Market By Software and Service
Figure 15 Market By Parking Site Type
Figure 16 Market By Solution
Figure 17 Market By Vertical
Figure 18 Parking Management Market: By Region
Figure 19 Evolution of Parking Management
Figure 20 Drivers, Restraints, Opportunities, and Challenges
Figure 21 Parking Management Market:Value Chain Analysis
Figure 22 Ecosystem
Figure 23 Strategic Benchmarking: Mergers and Acquisitions
Figure 24 Professional Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Off-Street Parking is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Parking Fee and Revenue Management Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Transportation Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Asia-Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Geographic Snapshot: Asia-Pacific is Emerging as A New Hotspot
Figure 30 North American Market Snapshot
Figure 31 Companies Adopted Mergers and Acquisitions as the Key Growth Strategy
Figure 32 Market Evaluation Framework: Mergers and Acquisitions Was the Key Strategy Adopted By the Major Market Players
Figure 33 Battle for Market Share: Mergers and Acquisitions Hold the Largest Market Share –Among All Strategies
Figure 34 Geographic Revenues Mix of Top 5 Market Players
Figure 35 Xerox Corporation: Company Snapshot
Figure 36 Xerox Corporation: SWOT Analysis
Figure 37 Siemens AG: Company Snapshot
Figure 38 Siemens AG: SWOT Analysis
Figure 39 Kapsch Trafficcom AG: Company Snapshot
Figure 40 Kapsch Trafficcom AG: SWOT Analysis
Figure 41 Amano Corporation: Company Snapshot
Figure 42 Amano Corporation: SWOT Analysis
Figure 43 Cubic Corporation: Company Snapshot
Figure 44 Cubic Corporation: SWOT Analysis
Figure 45 Swarco AG: Company Snapshot
Figure 46 Inrix, Inc.,: Company Snapshot
Figure 47 Indigo: Company Snapshot
Figure 48 T2 Systems, Inc.: Company Snapshot
Figure 49 Skidata AG: Company Snapshot

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