[English Market Research Report] Smart Parking Market
Product ID: 1236768 Publisher: IMARC Services Private Limited
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The global smart parking market size reached 4.6 billion USD in 2022. Going forward, the IMARC Group predicts a growth rate of 12.9% (CAGR) between 2023 and 2028, expecting it to reach 9.6 billion USD by 2028. Smart Parking Systems (SPS) optimize parking spaces through automated access control systems, parking guidance systems (PGS), parking reservation barriers, and ticketing systems. They utilize mechanical arrangements to move vehicles from one parking lot to another, eliminating wasted space in multi-story or single-story garages. By using vehicle counting devices, video cameras, automatic number plate recognition (ANPR) readers, and pavement sensors, they monitor the operational status of parking lots and send that data to a control center in real-time. The aim is to assist in the smooth flow of traffic in congested areas and facilitate planned parking lot operations. Additionally, they guide users to available parking spaces through smartphone applications. By positioning smart parking as a system, it leads to time savings, reduced management costs, and the suppression of illegal parking.
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Publication Date: February 21, 2023 Issued by: IMARC Services Private Limited Page Information: English 136 Pages Table of Contents Chapter 1 Preface Chapter 2 Scope and Research Methodology Chapter 3 Executive Summary Chapter 4 Introduction Chapter 5 Global Smart Parking Market Chapter 6 Market Breakdown: By System Chapter 7 Market Breakdown: By Technology Chapter 8 Market Breakdown: By Component Chapter 9 Market Breakdown: By Solution Chapter 10 Market Breakdown: By Industry Chapter 11 Market Breakdown: By Parking Site Chapter 12 Market Breakdown: By Region Chapter 13 SWOT Analysis Chapter 14 Value Chain Analysis Chapter 15 Porter's Five Forces Analysis Chapter 16 Price Analysis Chapter 17 Competitive Landscape *The table of contents and prices in this report are as of the time of publication. Please contact us for the latest information.*
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