NORTH AMERICA PARKING MANAGEMENT MARKET FORECAST 2018-2026

North America Parking Management market is anticipated to grow with a CAGR of about 10.06% during the forecast years of 2018-2026. North America is a market leader in the global parking management market. The report mainly focuses on two countries: the United States and Canada.

U.S market dominates this region. Driven by factors like advancements in the automotive sector and growing demand for the parking guidance system enabled with smart features like ground sensors, boom barrier, automatic ticket generation, payment automation and ease of access to the software, the US parking management market is likely to exhibit the highest CAGR over the forecast period. End users for this market include government, hospitality and retail sectors, transportation, research development companies, consulting firms and the mobile & gadget manufacturers. The North American market boasts of several market big-wigs who are headquartered in this region. These companies provide solutions which include traffic data services & congestion alerts, online pre-paid parking solution and camera-based parking system.

Some of the well-known market players in the parking management market include On Track Innovations (OTI) Ltd, 3m Company, Orange Business Services, Kapsch Trafficom Ag, Q-Free Asa, International Business Machines Corporation (IBM), T2 Systems Inc, Cisco Systems Inc, Xerox Corporation, Siemens Ag, Msr-Traffic, HCL Infotech Ltd, Cubic Corporation, Nedap Mobility SolutionsParkopedia, Synapt (Division Of Prodapt), and Indigo.

TABLE OF CONTENTS
  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. SCOPE OF THE MARKET STUDY
    3. WHO WILL FIND THIS REPORT USEFUL?
    4. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
      1. SECONDARY DATA
      2. PRIMARY DATA
    2. TOP-DOWN APPROACH
    3. BOTTOM-UP APPROACH
    4. DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    1. MARKET SUMMARY
    2. KEY FINDINGS
      1. NORTH AMERICA CAPTURED A MAJOR CHUNK OF THE OVERALL MARKET
      2. INCREASED DEMAND OF ACCESS CONTROL SYSTEMS
      3. GROWING NUMBER OF SMART CITY PROJECTS
  4. MARKET DYNAMICS
    1. MARKET DEFINITION & SCOPE
    2. MARKET DRIVERS
      1. BOOMING AUTOMOTIVE INDUSTRY
      2. NEED TO REDUCE TRAFFIC CONGESTION
      3. AUTOMOTIVE THEFTS ON THE RISE
      4. ADVANCEMENT IN REAL TIME INFORMATION REGARDING PARKING
      5. RISE IN DEMAND OF ADVANCED LICENSE PLATE RECOGNITION (LPR) TECHNOLOGY FOR SURVEILLANCE
    3. MARKET RESTRAINTS
      1. HIGH COST ASSOCIATED WITH IMPLEMENTATION
      2. HURDLES IN UPGRADING TRADITIONAL PARKING SPACES
    4. MARKET OPPORTUNITIES
      1. EMERGENCE OF SMART PARKING SYSTEMS
      2. URBANIZATION AND RISE IN VEHICULAR TRAFFIC
      3. OPTIMAL UTILIZATION OF SPACE
    5. MARKET CHALLENGES
      1. LICENSING AND MAINTENANCE COSTS
      2. TRAINING EXPENSE OF PERSONNEL
  5. MARKET BY PARKING SITE TYPE
    1. OFF STREET PARKING
    2. ON STREET PARKING
  6. MARKET BY SOFTWARE & SERVICE
    1. SOFTWARE
    2. PROFESSIONAL SERVICES
  7. MARKET BY SOLUTION
    1. ACCESS CONTROL
    2. PARKING GUIDANCE & SLOT MANAGEMENT
    3. PARKING RESERVATION MANAGEMENT
    4. PARKING FEE & REVENUE MANAGEMENT
    5. PARKING FEE ENFORCEMENT & PERMIT MANAGEMENT
    6. VALET PARKING MANAGEMENT
    7. SECURITY & SURVEILLANCE
  8. MARKET BY VERTICALS
    1. GOVERNMENT & MUNICIPALITIES
    2. RECREATION
    3. CORPORATE & COMMERCIAL PARKS
    4. ACADEMIA
    5. HEALTHCARE
    6. RETAIL
    7. BANKING & FINANCIAL INSTITUTIONS
    8. TRANSPORTATION
    9. HOSPITALITY
    10. OTHER VERTICALS
  9. KEY ANALYTICS
    1. PORTER’S FIVE FORCE MODEL
      1. BARGAINING POWER OF SUPPLIERS
      2. BARGAINING POWER OF BUYERS
      3. THREAT OF NEW ENTRANTS
      4. THREAT OF SUBSTITUTE PRODUCT
      5. THREAT OF COMPETITIVE RIVALRY
    2. KEY BUYING CRITERIA
      1. PERFORMANCE
      2. FLEXIBILITY
      3. SECURITY
      4. PRICING
    3. VENDOR LANDSCAPE
    4. OPPORTUNITY MATRIX
  10. GEOGRAPHICAL ANALYSIS
    1. UNITED STATES
    2. CANADA
  11. COMPETITIVE LANDSCAPE
    1. MARKET SHARE ANALYSIS
    2. CORPORATE STRATEGIES
    3. COMPANY PROFILES
      1. 3M COMPANY
      2. AMANO MCGANN INC
      3. CISCO SYSTEMS INC
      4. CUBIC CORPORATION
      5. DEUTSCHE TELEKOM AG
      6. GEMALTO NV
      7. HCL INFOTECH LTD.
      8. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
      9. INDIGO
      10. INRIX INC
      11. KPASCH TRAFFICOM AG
      12. MSR-TRAFFIC
      13. NEDAP MOBILITY SOLUTIONS
      14. ON TRACK INNOVATIONS (OTI) LTD
      15. ORANGE BUSINESS SERVICES
      16. PARKME
      17. PARKOPEDIA
      18. Q-FREE ASA
      19. SERCO GROUP PLC
      20. SIEMENS AG
      21. SKIDATA AG
      22. SWARCO AG
      23. SYNAPT (DIVISION OF PRODAPT)
      24. T2 SYSTEMS INC
      25. XEROX CORPORATION

 

LIST OF TABLES

TABLE 1: NORTH AMERICA PARKING MANAGEMENT MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

TABLE 2: VEHICLE PRODUCTION IN 2016

TABLE 3: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE & SERVICES, 2018-2026 (IN $ MILLION)

TABLE 4: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOLUTION, 2018-2026 (IN $ MILLION)

TABLE 5: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE, 2018-2026 (IN $ MILLION)

TABLE 6: NORTH AMERICA PARKING MANAGEMENT MARKET, BY VERTICALS, 2018-2026 (IN $ MILLION)

TABLE 7: VENDOR LANDSCAPE OF PARKING MANAGEMENT MARKET

TABLE 8: OPPORTUNITY MATRIX OF PARKING MANAGEMENT MARKET

TABLE 9: NORTH AMERICA PARKING MANAGEMENT MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)

 

LIST OF FIGURES

FIGURE 1: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE & SERVICES, 2018-2026 (IN $ MILLION)

FIGURE 2: NORTH AMERICA PARKING MANAGEMENT MARKET, 2018-2026 (IN $ MILLION)

FIGURE 3: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020 (IN MILLION)

FIGURE 4: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) SALES, 2011-2016 (IN MILLION)

FIGURE 5: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SOFTWARE, 2018-2026 (IN $ MILLION)

FIGURE 6: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PROFESSIONAL SERVICES, 2018-2026 (IN $ MILLION)

FIGURE 7: NORTH AMERICA PARKING MANAGEMENT MARKET, BY ACCESS CONTROL, 2018-2026 (IN $ MILLION)

FIGURE 8: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING GUIDANCE & SLOT MANAGEMENT, 2018-2026 (IN $ MILLION)

FIGURE 9: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING RESERVATION MANAGEMENT, 2018-2026 (IN $ MILLION)

FIGURE 10: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE & REVENUE MANAGEMENT, 2018-2026 (IN $ MILLION)

FIGURE 11: NORTH AMERICA PARKING MANAGEMENT MARKET, BY PARKING FEE ENFORCEMENT & PERMIT MANAGEMENT, 2018-2026 (IN $ MILLION)

FIGURE 12: NORTH AMERICA PARKING MANAGEMENT MARKET, BY VALET PARKING MANAGEMENT, 2018-2026 (IN $ MILLION)

FIGURE 13: NORTH AMERICA PARKING MANAGEMENT MARKET, BY SECURITY & SURVEILLANCE, 2018-2026 (IN $ MILLION)

FIGURE 14: NORTH AMERICA PARKING MANAGEMENT MARKET, BY OFF STREET PARKING, 2018-2026 (IN $ MILLION)

FIGURE 15: NORTH AMERICA PARKING MANAGEMENT MARKET, BY ON STREET PARKING, 2018-2026 (IN $ MILLION)

FIGURE 16: TOP 10 COUNTRIES IN DEFENSE BUDGET IN 2016 ($ BILLION)

FIGURE 17: NORTH AMERICA PARKING MANAGEMENT MARKET, BY GOVERNMENT & MUNICIPALITIES, 2018-2026 (IN $ MILLION)

FIGURE 18: NORTH AMERICA PARKING MANAGEMENT MARKET, BY RECREATION, 2018-2026 (IN $ MILLION)

FIGURE 19: NORTH AMERICA PARKING MANAGEMENT MARKET, BY CORPORATE & COMMERCIAL PARKS, 2018-2026 (IN $ MILLION)

FIGURE 20: NORTH AMERICA PARKING MANAGEMENT MARKET, BY ACADEMIA, 2018-2026 (IN $ MILLION)

FIGURE 21: NORTH AMERICA PARKING MANAGEMENT MARKET, BY HEALTHCARE, 2018-2026 (IN $ MILLION)

FIGURE 22: NORTH AMERICA PARKING MANAGEMENT MARKET, BY RETAIL, 2018-2026 (IN $ MILLION)

FIGURE 23: NORTH AMERICA PARKING MANAGEMENT MARKET, BY BANKING & FINANCIAL INSTITUTIONS, 2018-2026 (IN $ MILLION)

FIGURE 24: NORTH AMERICA PARKING MANAGEMENT MARKET, BY TRANSPORTATION, 2018-2026 (IN $ MILLION)

FIGURE 25: NORTH AMERICA PARKING MANAGEMENT MARKET, BY HOSPITALITY, 2018-2026 (IN $ MILLION)

FIGURE 26: NORTH AMERICA PARKING MANAGEMENT MARKET, BY OTHER VERTICALS, 2018-2026 (IN $ MILLION)

FIGURE 27: PORTER’S FIVE FORCE ANALYSIS

FIGURE 28: KEY BUYING IMPACT ANALYSIS

FIGURE 29: NORTH AMERICA PARKING MANAGEMENT MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)

FIGURE 30: UNITED STATES PARKING MANAGEMENT MARKET, 2018-2026 (IN $ MILLION)

FIGURE 31: CANADA PARKING MANAGEMENT MARKET, 2018-2026 (IN $ MILLION)

FIGURE 32: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017 (%)

Request For A Free Sample