The off-street parking management system is the system used to manage the parking of off-street. The rising number of vehicles across the globe and the growing parking problem is driving the growth of the off-street parking management system market. Furthermore, growing concerns on safe and obstacle-free parking space and need for proper payment methods, enforcement methods, dynamic parking guidance systems, parking reservation, and among other are propelling the growth of the off-street parking management system market.
MARKET DYNAMICS
Rising demand for the automated parking system for convenience and time optimization is boosting the growth of the off-street parking management system market. However, the high cost associated with the off-street parking management system may hamper the growth of the market. Moreover, advancements in technology, execution of smart system solutions for parking management, and growing focus on reducing the maintenance cost and expense of street parking is expected to boom the growth of the off-street parking management system market.
MARKET SCOPE
The "Global Off-Street Parking Management System Market Analysis to 2028" is a specialized and in-depth study of the off-street parking management system industry with a special focus on the global market trend analysis. The report aims to provide an overview off-street parking management system market with detailed market segmentation as component, solution, end-user, and geography. The global off-street parking management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading off-street parking management system market players and offers key trends and opportunities in the off-street parking management system market.
MARKET SEGMENTATION
The global off-street parking management system market is segmented on the basis component, solution, end-user. On the basis of component the market is segmented as hardware, software, services. On the basis of solution the market is segmented as access control, parking fee and revenue management, parking reservation management, valet parking management, parking guidance and slot management, parking security and surveillance, others. On the basis of end-user the market is segmented as government and municipalities, airports, corporate and commercial institutions, commercial parks, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Off-street parking management system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The off-street parking management system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting off-street parking management system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the off-street parking management system market in these regions.
MARKET PLAYERS
The reports cover key developments in the off-street parking management system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Off-street parking management system market are anticipated to lucrative growth opportunities in the future with the rising demand for off-street parking management system in the global market. Below mentioned is the list of few companies engaged in the off-street parking management system market.
The report also includes the profiles of key off-street parking management system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amano Corporation
- AMCO SA.
- Cubic Corporation
- Kapsch TrafficCom AG
- Nortech Access Control Ltd
- SKIDATA AG
- Streetline
- SWARCO AG
- TIBA Parking Systems
- Xerox Corporation
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