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(I-SoftwareNews.Com, July 05, 2018 ) Global Parking Management industry valued approximately USD 3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11% over the forecast period 2017-2025. The escalating number of vehicles worldwide and at the same time the diminishing number of parking spots on-street is one of the prime factor involved in the growth of this industry.
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key manufacturers : are Kapsch, Siemens AG., SKIDATA, Xerox Corporation, Cisco Systems Inc., Deutsche Telekom AG, HCL Technologies Limited, and IBM Corporation. Acquisitions and effective mergers are one of the expansion strategies taken by the key manufacturers.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Application: - Transport Transit - Commercial - Government
Parking Site: - On-street - Off-street
Component: - Hardware - Software - Service
Solution: - Access Control - Security & Surveillance - Revenue Management - Parking Reservation Management - Valet Parking Management
Regions: - North America - U.S. - Canada - Europe - UK - Germany - Asia Pacific - China - India - Japan - Latin America - Brazil - Mexico - Rest of the World
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Source: EmailWire.Com
Source: EmailWire.com
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