Increment in Parking worry over the globe, development sought after for Internet of Things (IoT) based innovation, and high appropriation rate in number of vehicles drive the development of the market. Be that as it may, high work cost and design multifaceted nature limit the savvy stopping market development. In addition, ascend in speculation on building driverless vehicles and increment in government’s drive in building brilliant urban communities over the globe are relied upon to make enormous open doors for the development of the keen leaving industry. Moreover, an expansion in administrative guidelines for the improvement of green and keen urban areas, modern parks and monetary zones to decrease carbon dioxide discharges have additionally added to the interest for SPS.
The Smart Parking Market is expected to reach +11% CAGR during forecast period 2019-2025
According to the Market Research Inc research report, the growing Smart Parking Market is likely to boost the global market substantially over the forthcoming years. Apart from this, the increasing number of driving is projected to add to the growth of this market significantly in the near future. The worldwide market is analyzed on the basis of the various segments and the geographical reach of this market. How the market’s segments are propelling the market in the market scenario is mentioned in this report. The continual rising factors boosting the demand for market notes the research study.
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The Top Leading Players Covers in This Reports Are:
Amano Mcgann, Inc., Urbiotica, Smart Parking Ltd., IEM SA, IPS Group Inc., Klaus Multiparking Systems, Swarco AG, PArklayer, Omnitec group, Dongyang Menics Co. Ltd, Skidata AG, and Mindteck.
On the geographical front, the global market is classified into Europe, Asia-Pacific, Middle East & Africa, North America, and Latin America. The leading region of this global market and the region which is projected to continue its dominance over the forthcoming years is given in the study. The key driving force behind the growth of this market in the near future is also presented.
Smart Parking Types of Products:
- On-street
- Off-street
Smart Parking Applications:
- Security & Surveillance
- Smart Payment System
- E-parking
- License Plate Recognition
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In this study, the years considered to estimate the size of Smart Parking are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025.
Table of Contents:
Chapter 1: Smart Parking Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Production, Revenue (Value), Price Trend by Type
Chapter 6: Market Analysis by Application
Chapter 7: Cost Analysis
Chapter 8: Smart Parking Market Forecast
Continue….
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