Last updated on April 17, 2014 at 17:30 EDT

Parking Management Market worth $7.43 Billion by 2018

September 25, 2013

DALLAS, September 25, 2013 /PRNewswire/ –

The report “Parking Management Market (Access Control, Security and Surveillance,
Revenue Management, Reservation Management, Valet Management, Enforcement and Permit
Management, Guidance and Slot Management) – Worldwide Market Forecasts & Analysis (2013 -
2018)”, defines and segments the Parking Management Market into various subsegments with
in-depth analysis and forecasting of revenues. It also identifies drivers and restraints
for this market with insights on trends, opportunities, and challenges.

Browse market 171 data tables and 38 Figures and spread through 269 pages and in-depth
TOC on “Parking Management Market”.


Early buyers will receive 10% customization on this report.

The global Parking Management Market is being driven by the increasing number of
vehicle ownerships and growing scarcity of parking spaces. Parking site operators are
thriving for efficient and smart parking operations while providing convenient parking
procedures to their customers. The need is being met by today’s intelligent parking
management systems, which enable the parking spots operators to offer their customers high
level of parking conveniences such as minimal time wastage, cashless and contactless
payment options, enhanced vehicle security, and options for pre-booking parking spots. The
parking management systems are also useful for ensuring security through vehicle and cargo
surveillance, vehicle registration, and dynamic parking tariff management.

This MarketsandMarkets report provides key insights into the market dynamics, industry
trends, and adoption trends in the Parking Management Market. It explores business
potential of parking management solutions across varied industry verticals such as
academia, government and municipalities, transportation, recreation, healthcare,
hospitality, retail, corporate and commercial parks, Banking, Financial Services and
Insurance (BFSI), and others. The report represents the business potential of parking
management systems from various types of parking sites such as on-street parking and
off-street parking facilities. The report consists of the opportunity analysis of various
types of parking management solutions such as access control, security and surveillance,
parking fee and revenue management, parking reservation management, valet parking
management, parking enforcement and permit management, and parking guidance and slot
management. The report analyzes market sizes and revenue forecasts across different
regions such as North America (NA), Europe (EU), Latin America (LA), Asia Pacific (APAC),
and Middle East and Africa (MEA).

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Source: PR Newswire