Market By Parking Site Type, Software & Service, Solution, Verticals And Geography | Forecast 2019-2027
Triton Market Research concludes the parking management market in North America to grow at a CAGR of 10.80% in the estimated years from 2019-2027.
The countries that have been analyzed in the North American parking management market are:
• The United States
• Canada
These two countries give precise insight into the present and future trends of the North America parking management market. The parking management market has relevancy in accordance with the smart transportation environment. The present smart cities project and the future upcoming projects in the United States and Canada will create an ample amount of opportunities in the development & growth of the parking management system. License plate recognition and in-ground sensors for parking management have significantly impacted the development of the market in the North American region.
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North America contributes the maximum revenue to the market because the increasing number of automobiles in the US and Canada is generating the demand for controlling issues of traffic congestion. Such developments are instrumental in driving the growth of the market. The smart city project in the Americas is expected to witness significant growth during the forecast period. The market is driven by the need for energy management solutions, availability of low-cost devices and wireless DIY installations. The availability of affordable DIY smart home automation products is expected to make the IoT a feasible option in the region during the upcoming years.
Cubic Corp. is a US-based technology provider for defence, satellite communication and transportation solutions. Cubic designs integrate and operate systems, products and services that increase situational awareness for the transportation and defence industries. The company operates through three major businesses - Cubic Mission Solutions (CMS), Cubic Global Defense (CGD) and Cubic Transportation Systems (CTS). The company operates in North America, Europe, the Middle East and Asia-pacific. The company reported revenues of US $334.7 million for the first quarter ended December 2016, a decrease of 17.7% over the previous quarter. Cubic’s product portfolio includes Revenue Management, Cubic Transport Management, Urban Insights and Cubic NextBus, among others. In July 2016, Cubic Mission Solutions secured a contract from U.S. Navy’s SPAWAR Systems Centre Pacific for Common Data Link Split Radio, worth US $1 million.
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NORTH AMERICA PARKING MANAGEMENT MARKET - SUMMARY
2.
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.3. PORTER’S FIVE FORCE ANALYSIS
2.4. MARKET ATTRACTIVENESS MATRIX
2.5. VENDOR SCORECARD
2.6. KEY IMPACT ANALYSIS
2.7. MARKET DRIVERS
2.7.1. EVOLVING AUTOMOTIVE INDUSTRY
2.7.2. GROWING NECESSITY OF ELIMINATING TRAFFIC JAMS
2.7.3. INCREASED NUMBER OF AUTOMOTIVE THEFTS
2.7.4. INTRODUCTION OF REAL-TIME INFORMATION IN
PARKING MANAGEMENT
2.8. MARKET RESTRAINTS
2.8.1. HIGH IMPLEMENTATION COSTS
2.8.2. DIFFICULTIES IN UPGRADATION OF OLD-FASHIONED
PARKING PLACES
2.9. MARKET OPPORTUNITIES
2.9.1. EMERGENCE OF ADVANCED LICENSE PLATE
RECOGNITION (LPR) TECHNOLOGY
2.9.2. GROWING SMART CITY PROJECTS ACROSS THE GLOBE
2.9.3. OPTIMAL UTILIZATION OF SPACE
2.10. MARKET CHALLENGES
2.10.1. HIGH COST OF WORKFORCE TRAINING
2.10.2. COSTS ASSOCIATED WITH LICENSING AND
MAINTENANCE
3.
NORTH AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY PARKING SITE TYPE
3.1. OFF-STREET PARKING
3.2. ON-STREET PARKING
4.
NORTH AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY SOFTWARE &
SERVICE
4.1. SOFTWARE
4.2. PROFESSIONAL SERVICES
5.
NORTH AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY SOLUTION
5.1. ACCESS CONTROL
5.2. PARKING GUIDANCE & SLOT MANAGEMENT
5.3. PARKING RESERVATION MANAGEMENT
5.4. PARKING FEE & REVENUE MANAGEMENT
5.5. PARKING FEE ENFORCEMENT & PERMIT
MANAGEMENT
5.6. VALET PARKING MANAGEMENT
5.7. SECURITY & SURVEILLANCE
6.
NORTH AMERICA PARKING MANAGEMENT MARKET OUTLOOK - BY VERTICALS
6.1. GOVERNMENT & MUNICIPALITIES
6.2. RECREATION
6.3. CORPORATE & COMMERCIAL PARKS
6.4. ACADEMIA
6.5. HEALTHCARE
6.6. RETAIL
6.7. BANKING & FINANCIAL INSTITUTIONS
6.8. TRANSPORTATION
6.9. HOSPITALITY
6.10. OTHER VERTICALS
7.
NORTH AMERICA PARKING MANAGEMENT MARKET - REGIONAL OUTLOOK
7.1. UNITED STATES
7.2. CANADA
8.
COMPETITIVE LANDSCAPE
8.1. 3M COMPANY
8.2. AMANO MCGANN, INC.
8.3. CISCO SYSTEMS, INC.
8.4. CUBIC CORPORATION
8.5. DEUTSCHE TELEKOM AG
8.6. GEMALTO N.V.
8.7. HCL INFOTECH LTD.
8.8. INTERNATIONAL BUSINESS MACHINES CORPORATION
(IBM)
8.9. INDIGO
8.10. INRIX, INC.
8.11. KAPSCH TRAFFICCOM AG
8.12. MSR-TRAFFIC
8.13. NEDAP MOBILITY SOLUTIONS
8.14. ON TRACK INNOVATIONS (OTI) LTD.
8.15. ORANGE BUSINESS SERVICES
8.16. PARKME
8.17. PARKOPEDIA
8.18. Q-FREE A.S.A.
8.19. SERCO GROUP PLC
8.20. SIEMENS AG
8.21. SKIDATA AG
8.22. SWARCO AG
8.23. SYNAPT (DIVISION OF PRODAPT)
8.24. T2 SYSTEMS, INC.
8.25. XEROX CORPORATION
9.
METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY
TABLE 1: NORTH AMERICA PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK,
2019-2027 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE,
2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE &
SERVICE, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOLUTIONS,
2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA PARKING MANAGEMENT MARKET, BY VERTICALS,
2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK,
2019-2027 (IN $ MILLION)
FIGURE 1. NORTH AMERICA PARKING MANAGEMENT MARKET, 2019-2027 (IN $
MILLION)
FIGURE 2. PORTER’S FIVE FORCE ANALYSIS
FIGURE 3. NORTH AMERICA PARKING MANAGEMENT MARKET, BY OFF-STREET
PARKING, 2019-2027 (IN $ MILLION)
FIGURE 4. NORTH AMERICA PARKING MANAGEMENT MARKET, BY ON-STREET PARKING,
2019-2027 (IN $ MILLION)
FIGURE 5. NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE,
2019-2027 (IN $ MILLION)
FIGURE 6. NORTH AMERICA PARKING MANAGEMENT MARKET, BY PROFESSIONAL
SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 7. NORTH AMERICA PARKING MANAGEMENT MARKET, BY ACCESS CONTROL,
2019-2027 (IN $ MILLION)
FIGURE 8. NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING GUIDANCE
& SLOT MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 9. NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING
RESERVATION MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 10. NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE &
REVENUE MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 11. NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE
ENFORCEMENT & PERMIT MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 12. NORTH AMERICA PARKING MANAGEMENT MARKET, BY VALET PARKING
MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 13. NORTH AMERICA PARKING MANAGEMENT MARKET, BY SECURITY &
SURVEILLANCE, 2019-2027 (IN $ MILLION)
FIGURE 14. NORTH AMERICA PARKING MANAGEMENT MARKET, BY GOVERNMENT &
MUNICIPALITIES, 2019-2027 (IN $ MILLION)
FIGURE 15. NORTH AMERICA PARKING MANAGEMENT MARKET, BY RECREATION,
2019-2027 (IN $ MILLION)
FIGURE 16. NORTH AMERICA PARKING MANAGEMENT MARKET, BY CORPORATE &
COMMERCIAL PARKS, 2019-2027 (IN $ MILLION)
FIGURE 17. NORTH AMERICA PARKING MANAGEMENT MARKET, BY ACADEMIA,
2019-2027 (IN $ MILLION)
FIGURE 18. NORTH AMERICA PARKING MANAGEMENT MARKET, BY HEALTHCARE,
2019-2027 (IN $ MILLION)
FIGURE 19. NORTH AMERICA PARKING MANAGEMENT MARKET, BY RETAIL, 2019-2027
(IN $ MILLION)
FIGURE 20. NORTH AMERICA PARKING MANAGEMENT MARKET, BY BANKING &
FINANCIAL INSTITUTIONS, 2019-2027 (IN $ MILLION)
FIGURE 21. NORTH AMERICA PARKING MANAGEMENT MARKET, BY TRANSPORTATION,
2019-2027 (IN $ MILLION)
FIGURE 22. NORTH AMERICA PARKING MANAGEMENT MARKET, BY HOSPITALITY,
2019-2027 (IN $ MILLION)
FIGURE 23. NORTH AMERICA PARKING MANAGEMENT MARKET, BY OTHER VERTICALS,
2019-2027 (IN $ MILLION)
FIGURE 24. NORTH AMERICA PARKING MANAGEMENT MARKET, REGIONAL OUTLOOK,
2018 & 2027 (IN %)
FIGURE 25. UNITED STATES PARKING MANAGEMENT MARKET, 2019-2027 (IN $
MILLION)
FIGURE 26. CANADA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)