Smart parking system provides real-time information about the availability of parking space in a particular location, thereby enabling hassle-free vehicle parking while saving on time, cost, and fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated payment systems that allow people to find parking in desired locations and pay for it in advance.
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Forecast of Smart Parking Systems Market by Component (Sensor and Network Hardware) by 2022
1. Smart Parking Systems Market (By Parking Site Type - On-street
Parking, Off-street Parking; By Component - Sensor and Network
Hardware, Software, Services- Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2022
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2. Report Description
Smart parking system provides real-time information about the availability of parking space in a
particular location, thereby enabling hassle-free vehicle parking while saving on time, cost, and
fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated
payment systems that allow people to find parking in desired locations and pay for it in
advance.
Once deployed, the smart parking system helps in reducing exhaust emissions from cars in
urban cities by reducing the needless circling of city blocks in the search of parking space. It also
efficiently manages the availability of parking space for cities and controls illegal parking. The
rapid growth in the number of vehicles worldwide is increasing the scarcity of parking space,
which is further magnifying the need for smart and innovative parking systems. Whether at
airports or shopping centers, parking issues are a regular occurrence, in turn hurting the local
business and affecting the quality of life of the city residents.
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3. Scope
The report analyses the factors that drive and restrain the growth of the smart parking systems
market. The report also identifies prospective growth opportunities, prevailing market trends,
and major strategies enhancing the popularity of smart parking systems. It also provides market
estimates and forecasts for all the segments in terms of revenue. The global smart parking
systems market is categorized based on parking site types as on-street parking and off-street
parking. The market is also segmented on the basis of components that include sensor and
network hardware, software, and services.
The report further subdivides the smart parking services market into system integration and
installation, parking management, and maintenance. This research report provides complete
insight into different application areas of the smart parking systems market including airports,
government and municipalities, and corporate and commercial institutions. The report also
includes profiles of major players engaged in providing these smart parking systems.
4. Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
Chapter 9 Company Profiles
9.1 Streeline Inc.
9.2 Smart Parking Limited
9.3 Amano McGann
9.4 Nedap N.V.
9.5 Cisco System, Inc.
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