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Growing Industry of Parking Management Solution Market 2019-2023: Estimated to Reach High CAGR: Global Top Key Players


Pune, India -- (SBWIRE) -- 08/19/2019 -- Global Parking Management Solution Market overview:

The report of global Parking Management Solution Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

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The Global Parking Management Solution Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Parking Management Solution Market is sub segmented into Parking Guidance Solution, Parking Reservation Management, Parking Permit Management, Parking Enforcement Management, Parking Access and Revenue Control. Based on End Use Industry segment, the Parking Management Solution Market is sub segmented into On-road, Off-road.

On the basis of Parking Guidance Solution segments, the Parking Access and Revenue Control solution is expected to account for the largest market share during the forecast period. The solution helps parking operators to manage in and out of vehicles in parking facilities and also empowers them to take full control over the parking revenue. This is one of the primary solutions that parking operators are looking for their parking facilities. This solution automates the access control and revenue collections at parking sites.

As per geographic analysis, North America is expected to hold the largest market size during the forecast period, owing to the large-scale investments in implementing Parking Management Solutions to meet the growing need for better driver and commuter convenience. The US and Canada have been expansively implementing Parking Management Solutions with the increasing adoption of mobile devices as well as the rising focus on managing the growing traffic congestion. The strong inclination toward mobility is encouraging customers to manage parking from their own devices. Moreover, cloud-based solutions have also penetrated the market to provide cost-effective ways of managing the parking facilities.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Table of Contents:

Global Parking Management Solution Market Report 2019

1 Parking Management Solution Definition

2 Global Parking Management Solution Market Major Player Share and Market Overview

3 Major Player Parking Management Solution Business Introduction

4 Global Parking Management Solution Market Segmentation (Region Level)

5 Global Parking Management Solution Market Segmentation (Product Type Level)

6 Global Parking Management Solution Market Segmentation (Industry Level)

7 Global Parking Management Solution Market Segmentation (Channel Level)

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