The growth of the market is attributed to the growing demand for optimum utilization of parking spaces across the globe. A combination of factors, such as the lack of available land, means parking spaces are frequently scarce across the globe. In addition to the shortage, smart parking solutions that maximise parking space utilisation through the use of a comprehensive parking management system that provides hassle-free, contactless payment parking for customers. For instance, in February 2023, Parqour launched its all-inclusive parking management system, that offers clients a hassle-free, contactless parking experience. The company uses 99.6% accurate licence plate recognition technology to streamline the parking experience for consumers. Parking lot owners can utilise company to optimise their revenue through dynamic pricing, increase security, save costs, produce analytics and reports, and enhance customer service at large public facilities.

Get Free Sample link @ https://www.omrglobal.com/request-sample/parking-management-market

The global parking management market is further segmented based on geography, including North America (the US and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, the Asia-Pacific region is anticipated to hold a prominent share of the market across the globe. The regional market growth is attributed by the government's growing interest in creating smart cities and the requirement for a systematic, efficient flow of traffic.

full report of Parking Management Market available @ https://www.omrglobal.com/industry-reports/parking-management-market

Market Segmentation

Global Parking Management Market by Offering

Solutions
Parking Guidance Solution
Parking Reservation Management
Parking Permit Management
Parking Enforcement Management
Parking Access and Revenue Control (PARC)
Services
Professional Service
Consulting and Training
System Integration and Deployment
Support and Maintenance
Managed Services

Global Parking Management Market by Parking Site

Off-Street Parking
On-Street Parking

Company Profiles 

3M Co.
Bond Mortgage LLC
Cubic Corp
Flashparking, Inc.
Infocomm Group LLC
International Business Machines Corp
Kapsch Trafficcom AG
Q-Free AsA
Rober Bosch GmbH
SAP SE
Siemens Ltd.
Skidata, Inc.
Swarco AG
Tiba Parking Systems
Undersun Fitness

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global parking management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/parking-management-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404