The intelligent parking systems market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Though the use of telematics for car parking will offer immense growth opportunities, high deployment costs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
Intelligent Parking Systems Market 2020-2024: Segmentation
- Type
- On-street Parking
- Off-street Parking
- Geography
- North America
- Europe
- APAC
- South America
- MEA
To learn about market segmentation in detail, Download a Free Sample
Intelligent Parking Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our intelligent parking systems market report covers the following areas:
Intelligent Parking Systems Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the Intelligent parking systems market, including 3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch TrafficCom AG, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, and SKIDATA AG. Backed with competitive intelligence and benchmarking, our research report on the intelligent parking systems market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!
Intelligent Parking Systems Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist intelligent parking systems market growth during the next five years
- Estimation of the intelligent parking systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the intelligent parking systems market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of intelligent parking systems market vendors
Related Reports on Information Technology Include:
Ultrasonic Sensors Market by Product, Application, and Geography - Forecast and Analysis 2020-2024
Interactive Kiosk Market by End-user and Geography - Forecast and Analysis 2021-2025
Intelligent Parking Systems Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 22% |
Market growth 2020-2024 |
USD 5.2 billion |
Market structure |
Fragmented |
YoY growth (%) |
18.34 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 37% |
Key consumer countries |
US, UK, Germany, China, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., Conduent Inc., Flowbird SAS, International Business Machines Corp., IPS Group Inc., Kapsch TrafficCom AG, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, and SKIDATA AG |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
|
|
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Related Links
http://www.technavio.com
Share this article