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Smart Parking Market 2016 to Grow at a CAGR of 31.72% During the Period to 2020

Smart Parking Market 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 04/19/2016 -- About Smart Parking

Smart Parking is a vehicle parking system that helps drivers find parking space. It consists of sensors, apps, smart parking meters, and mobile-phone automated payment systems that allow drivers to reserve parking in advance and pay via his credit card or cash. Sensors and smart parking meters track the occupancy of parking spaces and pass on the information to the drivers through their smartphone app. These sensors also provide parking guidance to drivers. Smart parking helps in reducing traffic congestion, car emissions, and also in managing demand and supply of parking.

Global smart parking market to grow at a CAGR of 31.72% during 2015-2019.

Covered in this Report

Global Smart Parking Market 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. It also covers the market landscape and its growth prospects in the coming years. The report includes the key vendors operating in the market.

Key Regions
- Americas
- EMEA
- APAC

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Key Vendors
- Amano McGann (Amano)
- Deteq Solutions
- IPS Group
- Libelium Comunicaciones Distribuidas
- SP Plus
- TransCore

Other Vendors
- 3M
- APARC
- Cisco Systems
- Cubic Corporation
- Fabr
- Haystack
- HCL
- IBM
- Kapsch
- MSR-Traffic
- ParkHelp
- ParkMe

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- Parkmobile
- Parkopedia
- Q-Park
- Serco
- Siemens
- Skidata
- Smart Parking
- Streetline
- Swarco
- T2 Systems
- Urbiotica
- Wilson Parking
- Worldsensing
- Xerox

Market Driver
- Increased Installation of Smart Parking Meters
- For a full and detailed list, view our report

Market Challenge
- Issues with Accuracy of Sensors
- For a full and detailed list, view our report

Market Trend
- Increased Use of Data Analytics to Optimize Parking
- For a full and detailed list, view our report