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Smart Parking Systems Market : Historical, Current and Projected industry size and Recent Industry Trends by 2015 - 2022

MRRSE announces addition of new report" Smart Parking Systems Market : Historical, Current and Projected industry size and Recent Industry Trends by 2015 - 2022 "to its database

MRRSE announces addition of new report" Smart Parking Systems Market : Historical, Current and Projected industry size and Recent Industry Trends by 2015 - 2022 "to its database

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<strong>Smart</strong> <strong>Parking</strong> <strong>Systems</strong> <strong>Market</strong> : <strong>Historical</strong>, <strong>Current</strong> <strong>and</strong> <strong>Projected</strong><br />

<strong>industry</strong> <strong>size</strong> <strong>and</strong> <strong>Recent</strong> <strong>Industry</strong> <strong>Trends</strong> <strong>by</strong> <strong>2015</strong> - <strong>2022</strong><br />

Report Description<br />

<strong>Smart</strong> parking system provides real-time information about the<br />

availability of parking space in a particular location, there<strong>by</strong> enabling<br />

hassle-free vehicle parking while saving on time, cost, <strong>and</strong> fuel. It<br />

consists of low-cost sensors, real-time data collection <strong>and</strong> analytics,


<strong>and</strong> automated payment systems that allow people to find parking in<br />

desired locations <strong>and</strong> pay for it in advance.<br />

Once deployed, the smart parking system helps in reducing exhaust<br />

emissions from cars in urban cities <strong>by</strong> reducing the needless circling of<br />

city blocks in the search of parking space. It also efficiently manages<br />

the availability of parking space for cities <strong>and</strong> controls illegal parking.<br />

The rapid growth in the number of vehicles worldwide is increasing the<br />

scarcity of parking space, which is further magnifying the need for<br />

smart <strong>and</strong> innovative parking systems. Whether at airports or shopping<br />

centers, parking issues are a regular occurrence, in turn hurting the<br />

local business <strong>and</strong> affecting the quality of life of the city residents.<br />

These intelligent parking management systems provide high levels of<br />

convenience to the drivers while simplifying <strong>and</strong> automating the<br />

parking site operations. Deploying smart parking systems in cities


equires data collection <strong>and</strong> management, integration with mobile<br />

phones, <strong>and</strong> various software <strong>and</strong> hardware innovations. Furthermore,<br />

there is a need for cooperation among various parking stakeholders<br />

such as off <strong>and</strong> on-street parking operators, transport authorities,<br />

municipalities, as well as customers. The smart parking market is<br />

growing significantly with numerous advanced solutions being adopted<br />

<strong>by</strong> major global cities such as Los Angeles, San Francisco, Stockholm,<br />

Shanghai, Beijing, <strong>and</strong> Sao Paulo. In the long run, smart parking can<br />

significantly transform these <strong>and</strong> other cities <strong>by</strong> making them friendlier<br />

to citizens. <strong>Smart</strong> parking systems are expected to open up<br />

opportunities for the reuse of commercial as well as municipal parking<br />

garages Hence, smart parking systems contribute toward making<br />

urban cities cleaner, greener, compact, <strong>and</strong> there<strong>by</strong> more freely<br />

walkable <strong>and</strong> drivable.


Read Complete Report @ http://www.mrrse.com/smart-parkingsystems-market<br />

This research report provides in-depth analysis of the global smart<br />

parking systems market based on parking site types, components,<br />

application areas, <strong>and</strong> geography. In terms of geographical regions,<br />

the report segments the global smart parking systems market into<br />

North America, Europe, Asia Pacific, the Middle East <strong>and</strong> Africa (MEA),<br />

<strong>and</strong> Latin America; these are analyzed in terms of revenue generation.<br />

North America is further segmented into the U.S. <strong>and</strong> Rest of North<br />

America, while Europe is divided into EU7, CIS, <strong>and</strong> Rest of Europe.<br />

Moreover, the analysis for Asia Pacific is subdivided into Japan, China,<br />

South Asia, Australasia, <strong>and</strong> Rest of Asia Pacific. Likewise, MEA is<br />

further segmented into GCC countries, South Africa, <strong>and</strong> Rest of MEA,<br />

while Latin America is subdivided into Brazil <strong>and</strong> Rest of Latin America.


Enquiry For This Report @ http://www.mrrse.com/enquiry/293<br />

The report analyzes the factors that drive <strong>and</strong> restrain the growth of<br />

the smart parking systems market. The report also identifies<br />

prospective growth opportunities, prevailing market trends, <strong>and</strong> major<br />

strategies enhancing the popularity of smart parking systems. It also<br />

provides market estimates <strong>and</strong> forecasts for all the segments in terms<br />

of revenue. The global smart parking systems market is categorized<br />

based on parking site types as on-street parking <strong>and</strong> off-street parking.<br />

The market is also segmented on the basis of components that include<br />

sensor <strong>and</strong> network hardware, software, <strong>and</strong> services. The report<br />

further subdivides the smart parking services market into system<br />

integration <strong>and</strong> installation, parking management, <strong>and</strong> maintenance.<br />

This research report provides complete insight into different application


areas of the smart parking systems market including airports,<br />

government <strong>and</strong> municipalities, <strong>and</strong> corporate <strong>and</strong> commercial<br />

institutions. The report also includes profiles of major players engaged<br />

in providing these smart parking systems. Key business strategies<br />

adopted <strong>by</strong> the major players, their market positioning, <strong>and</strong> various<br />

recent developments have also been identified in the research report.<br />

Besides, market positioning of key players in the smart parking<br />

systems market has also been provided. The major players in the<br />

smart parking systems market include Streetline, Inc., Cisco <strong>Systems</strong>,<br />

Inc., ParkMe, Inc., Urbiotica, Skidata AG, Amano McGann, Inc.,<br />

Swarco AG, <strong>Smart</strong> <strong>Parking</strong> Ltd, Nedap N.V., <strong>and</strong> Parkmobile, LLC.<br />

Request a Sample Copy of the Report @<br />

http://www.mrrse.com/sample/293


The global smart parking systems market is segmented as below:<br />

<strong>Smart</strong> <strong>Parking</strong> <strong>Systems</strong> <strong>Market</strong><br />

• By <strong>Parking</strong> Site Type<br />

1. On-Street <strong>Parking</strong><br />

2. On-Street <strong>Parking</strong><br />

• By Component<br />

1. Sensor <strong>and</strong> Network Hardware<br />

2. Software (Management <strong>and</strong> Analytics Software <strong>and</strong> Mobile<br />

Applications)<br />

3. Services


4. System Integration <strong>and</strong> Installation<br />

5. <strong>Parking</strong> Management<br />

6. Maintenance<br />

• By End-use <strong>Industry</strong><br />

1. Airports<br />

2. Government <strong>and</strong> Municipalities<br />

3. Corporate <strong>and</strong> Commercial Institutions<br />

• By Geography<br />

1. North America<br />

2. Europe<br />

3. Asia Pacific


4. Latin America<br />

5. Middle East <strong>and</strong> Africa<br />

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