The Smart Parking System Market size was valued at USD 6.24 Billion in 2023 and the total Smart Parking System Market revenue is expected to grow at a CAGR of 15.8% from 2024 to 2030, reaching nearly USD 14.42 Billion in 2030.Smart Parking System Market Overview
Smart Parking offers a parking solution that combines ground sensors, cameras, or counting sensors. These devices are typically installed within parking spaces or placed nearby to determine the availability status of parking spots. Smart Parking System detects parking space availability in real-time, helping to optimize on-street parking in cities and the parking garages or surface parking in shopping malls, corporate offices, and railway stations. The technology includes components that consist of low-cost sensors, real-time data interference, and smart mobile applications that allow users to monitor the availability of parking spots.To know about the Research Methodology :- Request Free Sample Report With the growing population and Urbanization, advanced technologies using artificial Intelligence, also increase the awareness of environmental issues with a growing emphasis on reducing carbon emissions and supporting sustainable transportation. Smart parking systems play an essential role in reducing the environmental effects of vehicles by decreasing traffic congestion, idle time, and fuel consumption. Smart parking systems have the potential to generate significant cost savings for parking operators by optimizing space utilization, minimizing maintenance expenses, and boosting revenue through enhanced parking management. Some of the prominent players in the global smart parking systems market include CivicSmart, Inc., Flowbird, Amana McGann, Inc., Amco S.A., BMW AG., Metefeeder, inc., Mindteck, Municipal Parking Services, Inc., and others. 1. According to MMR, Eleven-x, a Canadian-based IoT company, has recently been awarded for one of the largest municipal smart parking Installations in North America. Eleven-x embeds approximately 5,000 of its SPS-X sensors in all on-street parking stalls around the vibrant commercial district. Asia-Pacific region is the fastest-growing region with a significant market share in 2023. The region is expected to grow at a CAGR of 15.7 % during the forecast period and maintain its dominance by 2030. The Asia-Pacific region is growing thanks to its rapid urbanization as well as economic development in countries such as India, China, and Japan. The more individuals and families there are rate of affordability of owning to car increases so the demand for parking also rises. Increased parking concerns fuelling the Smart Parking System Market.
Smart Parking System Market Dynamics:
As urbanization and population growth continue to rise, as cities become more densely populated rising demand for parking spaces exceeds available land. The limited availability of parking spaces affects a high volume of traffic jamming, as drivers constantly navigate in search of vacant spots. Smart parking systems help improve space utilization and reduce traffic. These systems efficiently guide drivers to available spots, reducing the time spent searching and minimizing congestion. Smart Parking system market, according to environmental concerns, decreases fuel consumption and emissions associated with vehicles, reducing air pollution. Many government initiatives are investing to develop smart cities that include Smart parking solutions. It includes funding for infrastructure development and supporting to adoption of smart parking technologies. The demand for convenient parking solutions among drivers is on the increase. The market growth is being fueled by smart parking apps that provide real-time space availability checks, online reservations, and contactless payment options are growing in demand for the smart parking system market. Spend Careful to Revenue Generation Smart parking systems provide a means for municipalities and private parking operators to enhance regulation, streamline operations, and increase income through focused pricing strategies. Therefore, Smart parking systems are a key advance in urban planning, helping to reduce congestion and promote environmentally friendly and efficient transportation, increasing disposable income and the development of smart infrastructure are driving the growth of the smart parking system market.Restraints in the Smart Parking System Market The Smart Parking System Market requires high implementing costs, setting up a smart parking system requires investment in many components like sensors, cameras, software, and communication infrastructure. The initial cost is a barrier for municipalities and private parking operators, especially in developed counties. It involves significant investments in infrastructure, technology, and software, economy is uncertain because of the large costs involved. With advances in technology, the software required to keep compatibility with external surroundings is necessary. The cost of components like sensors, smart meters, Fuzzy logic, and assembly in smart parking is higher. For wireless connectivity, the installation cost is higher. Initial installation costs hamper the smart parking system market. Trends of the Smart Parking System Market: The evolution of technologies like the Internet of Things (IoT), sensors, big data analytics, and cloud computing is key for smart parking systems. These advancements enable real-time data collection, analysis, and communication, facilitating efficient parking management. The integration with mobile apps provides convenient features like online reservations and contactless payments, improving user knowledge. The Smart Parking system market is expected to see a rise in included systems offering not only parking management but also traffic management and environmental monitoring. With these trends, the market for smart parking systems is expected to grow significantly, changing urban mobility and leading the way for our cities to become greener in the future.
Smart Parking System Market Segment Analysis
Based on Hardware, the Smart Meter segment holds the largest market share of about 39.23% in the Smart Parking System Market in 2023. According to the MMR analysis, the segment is expected to grow at a CAGR of 3.3% during the forecast period and maintain its dominance till 2030. Smart Meters are equipped with sensors and mobile application integration with a convenient way to use them. Smart meter tracks the vehicle occupancy and real-time monitoring of available parking. Smart meters reduce the requirement for real meters and cash collecting by allowing easy payment through contactless or mobile app options. This enhances user experience and reduces operating costs. Based on Application, the Commercial Segment held the largest market share of about 42% in the Smart Parking System Market in 2023 and is expected to maintain its dominance till 2030. The rising smart parking systems adopted at corporate buildings, theatres, and sports complexes, Smart parking systems optimize parking management in these areas, improving efficiency and convenience for employees, customers, and visitors. Shopping malls and other public places are expected to increase commercial segment growth. Smart systems provide valuable data on parking usage patterns, allowing operators to make informed decisions on pricing strategies and improvement resource allocation.
Regional Analysis of Smart Parking System Market:
North America dominates the Smart Parking System Market with the largest market share accounting for 46.03% in 2023, the region is expected to grow during the forecast period and maintain its dominance by 2030. North America has dominated thanks to smart technologies adopted in transportation infrastructure, robust infrastructure, and Consumer awareness. Governments in North America have been investing heavily in developing smart cities. Major cities in North America face parking challenges owing to their dense population and limited space for parking. They demand smart parking systems which drive the growth of the smart parking system market.Europe's growing region in the Smart Parking System Market holds a market share of 31.6% and is significantly growing during its forecast period. In countries all around Europe, the growing usage of wide camera and ultrasonic sensors in passenger cars, and also the Strong presence of leading technology and automotive industries is increasing demand for the Smart parking system market. South America and Middle East & Africa these regions hold a smaller market share are expected to create an opportunity for Smart Parking System Market. Competitive Landscape for Smart Parking System Market: The competitive landscape of the Smart Parking System Market is constantly evolving, with new players emerging and established players adapting their strategies. A key component of their strategy is their constant commitment to research and development (R&D) to maintain a leading position in technological development. Building Partnerships and collaboration with established players, research institutions, and investors to leverage expertise and resources. In January 2023, Robert Bosch GmbH signed an agreement with APCOA to Provide Automated Valet Parking Technology in Parking Garages across Germany. Both companies planned to make up to four parking spaces per parking garage ready for automated valet parking. In July 2022, IPS Group, Inc. launched a stereoscopic vehicle detection sensor as part of the fully integrated smart parking ecosystem. The Sensors integrate with IPS Single-space parking Meters to detect space vacancy and occupancy. In August 2021, Continental AG acquired Kopernikus Automotive with a focus on infrastructure-based automated parking in parking garages and maneuvering in vehicle factories and logistics centers. In July 2021, Westphalia Parking launched an integrated consumer parking solution, the Westphalia Parking app, to increase the efficiency and safety of automated parking facilities. This application offers a contactless experience with a vehicle tracking facility. This application allows the driver to call their vehicles from home, hotel, or office, facilitating a contactless experience.
Smart Parking Systems Market Report Scope: Inquire before buying
Global Smart Parking Systems Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 6.24 Bn. Forecast Period 2024 to 2030 CAGR: 21.50% Market Size in 2030: US$ 14.42 Bn. Segments Covered: by Hardware Pucks (Wireless Sensors) Cameras & LPRs Smart Meters Signage Parking Gates by Software Parking Guidance System Analytics Solutions by Parking Site On-Streets Off-Streets by Application Commercial Government Transport Transit Smart Parking Systems Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Smart Parking System Market Key Players:
North America 1. Altiux Innovations Private Limited 2. Robert Bosch GmbH 3. Streetline 4. Conduent, Inc. 5. SKIDATA GmbH 6. Amano McGann 7. Cisco Systems, Inc. 8. ParkMe, Inc. 9. Civic Smart, Inc. (WI, U.S.) 10. Amco SA. (U.S.) 11. Meter Feeder, Inc. (Pennsylvania) 12. Municipal Parking Services, Inc. (Minnesota) 13. ParkHelp Technologies (California) 14. TKH Group - Park Assist (Netherlands) Europe 1. Park Assist System Suppliers (Europe) 2. Continental AG (Germany) 3. Kapsch TrafficCom AG (Austria) 4. Intercomp S.p.A. (Italy) 5. Flowbird (France) 6. Smart Parking Ltd. (UK) 7. BMW AG (Germany) 8. INDECT Electronics & Distribution GmbH 9. Kapsch TrafficCom Asia-Pacific 1. Hikvision Digital Technology Co., Ltd. (China) 2. Huawei Technologies Co., Ltd. (China) 3. Tsinghua Unisplendid Corporation, Ltd. (China 4. Japan Traffic System (JTS) Co., Ltd. (Japan) 5. Secure Meters Pvt. Ltd. (India) 6. Parkable (New-Zealand) 7. Mindteck (India) 8. Aisin Seiki (Japan). 9. Park Assist Frequently Asked Questions: 1] What is the growth rate of the Market? Ans. The Market is expected to grow at a CAGR of 15.8% during the forecast period of 2023 to 2030. 2] Which region is expected to hold the highest share in the Market? Ans. North America region is expected to hold the highest share of the Market. 3] What is the market size of the Market? Ans. The Market size was valued at USD 6.24 Billion in 2023 reaching nearly USD 14.42Billion in 2030. 4] What is the forecast period for the Smart Parking System Market? Ans. The forecast period for the Smart Parking System Market is 2023-2030. 5] What segments are covered in the Smart Parking System Market report? Ans. The segments covered in the Smart Parking System Market report are based on Hardware, software, parking sites, and Applications.
1. Smart Parking System Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Smart Parking System Market: Dynamics 2.1. Smart Parking System Market Trends by Region 2.1.1. North America Smart Parking System Market Trends 2.1.2. Europe Smart Parking System Market Trends 2.1.3. Asia Pacific Smart Parking System Market Trends 2.1.4. Middle East and Africa Smart Parking System Market Trends 2.1.5. South America Smart Parking System Market Trends 2.2. Smart Parking System Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Smart Parking System Market Drivers 2.2.1.2. North America Smart Parking System Market Restraints 2.2.1.3. North America Smart Parking System Market Opportunities 2.2.1.4. North America Smart Parking System Market Challenges 2.2.2. Europe 2.2.2.1. Europe Smart Parking System Market Drivers 2.2.2.2. Europe Smart Parking System Market Restraints 2.2.2.3. Europe Smart Parking System Market Opportunities 2.2.2.4. Europe Smart Parking System Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Smart Parking System Market Drivers 2.2.3.2. Asia Pacific Smart Parking System Market Restraints 2.2.3.3. Asia Pacific Smart Parking System Market Opportunities 2.2.3.4. Asia Pacific Smart Parking System Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Smart Parking System Market Drivers 2.2.4.2. Middle East and Africa Smart Parking System Market Restraints 2.2.4.3. Middle East and Africa Smart Parking System Market Opportunities 2.2.4.4. Middle East and Africa Smart Parking System Market Challenges 2.2.5. South America 2.2.5.1. South America Smart Parking System Market Drivers 2.2.5.2. South America Smart Parking System Market Restraints 2.2.5.3. South America Smart Parking System Market Opportunities 2.2.5.4. South America Smart Parking System Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Smart Parking System Industry 2.8. Analysis of Government Schemes and Initiatives For Smart Parking System Industry 2.9. Smart Parking System Market Trade Analysis 2.10. The Global Pandemic Impact on Smart Parking System Market 3. Smart Parking System Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 3.1.1. Pucks (Wireless Sensors) 3.1.2. Cameras & LPRs 3.1.3. Smart Meters 3.1.4. Signage 3.1.5. Parking Gates 3.2. Smart Parking System Market Size and Forecast, by Software (2023-2030) 3.2.1. Parking Guidance System 3.2.2. Analytics Solutions 3.3. Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 3.3.1. On-Streets 3.3.2. Off-Streets 3.4. Smart Parking System Market Size and Forecast, by Application (2023-2030) 3.4.1. Commercial 3.4.2. Government 3.4.3. Transport Transit 3.5. Smart Parking System Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Smart Parking System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 4.1.1. Pucks (Wireless Sensors) 4.1.2. Cameras & LPRs 4.1.3. Smart Meters 4.1.4. Signage 4.1.5. Parking Gates 4.2. North America Smart Parking System Market Size and Forecast, by Software (2023-2030) 4.2.1. Parking Guidance System 4.2.2. Analytics Solutions 4.3. North America Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 4.3.1. On-Streets 4.3.2. Off-Streets 4.4. North America Smart Parking System Market Size and Forecast, by Application (2023-2030) 4.4.1. Commercial 4.4.2. Government 4.4.3. Transport Transit 4.5. North America Smart Parking System Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 4.5.1.1.1. Pucks (Wireless Sensors) 4.5.1.1.2. Cameras & LPRs 4.5.1.1.3. Smart Meters 4.5.1.1.4. Signage 4.5.1.1.5. Parking Gates 4.5.1.2. United States Smart Parking System Market Size and Forecast, by Software (2023-2030) 4.5.1.2.1. Parking Guidance System 4.5.1.2.2. Analytics Solutions 4.5.1.3. United States Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 4.5.1.3.1. On-Streets 4.5.1.3.2. Off-Streets 4.5.1.4. United States Smart Parking System Market Size and Forecast, by Application (2023-2030) 4.5.1.4.1. Commercial 4.5.1.4.2. Government 4.5.1.4.3. Transport Transit 4.5.2. Canada 4.5.2.1. Canada Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 4.5.2.1.1. Pucks (Wireless Sensors) 4.5.2.1.2. Cameras & LPRs 4.5.2.1.3. Smart Meters 4.5.2.1.4. Signage 4.5.2.1.5. Parking Gates 4.5.2.2. Canada Smart Parking System Market Size and Forecast, by Software (2023-2030) 4.5.2.2.1. Parking Guidance System 4.5.2.2.2. Analytics Solutions 4.5.2.3. Canada Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 4.5.2.3.1. On-Streets 4.5.2.3.2. Off-Streets 4.5.2.4. Canada Smart Parking System Market Size and Forecast, by Application (2023-2030) 4.5.2.4.1. Commercial 4.5.2.4.2. Government 4.5.2.4.3. Transport Transit 4.5.3. Mexico 4.5.3.1. Mexico Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 4.5.3.1.1. Pucks (Wireless Sensors) 4.5.3.1.2. Cameras & LPRs 4.5.3.1.3. Smart Meters 4.5.3.1.4. Signage 4.5.3.1.5. Parking Gates 4.5.3.2. Mexico Smart Parking System Market Size and Forecast, by Software (2023-2030) 4.5.3.2.1. Parking Guidance System 4.5.3.2.2. Analytics Solutions 4.5.3.3. Mexico Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 4.5.3.3.1. On-Streets 4.5.3.3.2. Off-Streets 4.5.3.4. Mexico Smart Parking System Market Size and Forecast, by Application (2023-2030) 4.5.3.4.1. Commercial 4.5.3.4.2. Government 4.5.3.4.3. Transport Transit 5. Europe Smart Parking System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.2. Europe Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.3. Europe Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.4. Europe Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5. Europe Smart Parking System Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.1.2. United Kingdom Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.1.3. United Kingdom Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.1.4. United Kingdom Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.2. France 5.5.2.1. France Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.2.2. France Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.2.3. France Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.2.4. France Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.3.2. Germany Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.3.3. Germany Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.3.4. Germany Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.4.2. Italy Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.4.3. Italy Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.4.4. Italy Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.5.2. Spain Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.5.3. Spain Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.5.4. Spain Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.6.2. Sweden Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.6.3. Sweden Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.6.4. Sweden Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.7.2. Austria Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.7.3. Austria Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.7.4. Austria Smart Parking System Market Size and Forecast, by Application (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 5.5.8.2. Rest of Europe Smart Parking System Market Size and Forecast, by Software (2023-2030) 5.5.8.3. Rest of Europe Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 5.5.8.4. Rest of Europe Smart Parking System Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Smart Parking System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.2. Asia Pacific Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.3. Asia Pacific Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.4. Asia Pacific Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5. Asia Pacific Smart Parking System Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.1.2. China Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.1.3. China Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.1.4. China Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.2.2. S Korea Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.2.3. S Korea Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.2.4. S Korea Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.3.2. Japan Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.3.3. Japan Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.3.4. Japan Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.4. India 6.5.4.1. India Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.4.2. India Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.4.3. India Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.4.4. India Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.5.2. Australia Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.5.3. Australia Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.5.4. Australia Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.6.2. Indonesia Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.6.3. Indonesia Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.6.4. Indonesia Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.7.2. Malaysia Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.7.3. Malaysia Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.7.4. Malaysia Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.8.2. Vietnam Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.8.3. Vietnam Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.8.4. Vietnam Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.9.2. Taiwan Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.9.3. Taiwan Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.9.4. Taiwan Smart Parking System Market Size and Forecast, by Application (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 6.5.10.2. Rest of Asia Pacific Smart Parking System Market Size and Forecast, by Software (2023-2030) 6.5.10.3. Rest of Asia Pacific Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 6.5.10.4. Rest of Asia Pacific Smart Parking System Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Smart Parking System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 7.2. Middle East and Africa Smart Parking System Market Size and Forecast, by Software (2023-2030) 7.3. Middle East and Africa Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 7.4. Middle East and Africa Smart Parking System Market Size and Forecast, by Application (2023-2030) 7.5. Middle East and Africa Smart Parking System Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 7.5.1.2. South Africa Smart Parking System Market Size and Forecast, by Software (2023-2030) 7.5.1.3. South Africa Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 7.5.1.4. South Africa Smart Parking System Market Size and Forecast, by Application (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 7.5.2.2. GCC Smart Parking System Market Size and Forecast, by Software (2023-2030) 7.5.2.3. GCC Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 7.5.2.4. GCC Smart Parking System Market Size and Forecast, by Application (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 7.5.3.2. Nigeria Smart Parking System Market Size and Forecast, by Software (2023-2030) 7.5.3.3. Nigeria Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 7.5.3.4. Nigeria Smart Parking System Market Size and Forecast, by Application (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 7.5.4.2. Rest of ME&A Smart Parking System Market Size and Forecast, by Software (2023-2030) 7.5.4.3. Rest of ME&A Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 7.5.4.4. Rest of ME&A Smart Parking System Market Size and Forecast, by Application (2023-2030) 8. South America Smart Parking System Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 8.2. South America Smart Parking System Market Size and Forecast, by Software (2023-2030) 8.3. South America Smart Parking System Market Size and Forecast, by Parking Sites(2023-2030) 8.4. South America Smart Parking System Market Size and Forecast, by Application (2023-2030) 8.5. South America Smart Parking System Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 8.5.1.2. Brazil Smart Parking System Market Size and Forecast, by Software (2023-2030) 8.5.1.3. Brazil Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 8.5.1.4. Brazil Smart Parking System Market Size and Forecast, by Application (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 8.5.2.2. Argentina Smart Parking System Market Size and Forecast, by Software (2023-2030) 8.5.2.3. Argentina Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 8.5.2.4. Argentina Smart Parking System Market Size and Forecast, by Application (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Smart Parking System Market Size and Forecast, by Hardware (2023-2030) 8.5.3.2. Rest Of South America Smart Parking System Market Size and Forecast, by Software (2023-2030) 8.5.3.3. Rest Of South America Smart Parking System Market Size and Forecast, by Parking Sites (2023-2030) 8.5.3.4. Rest Of South America Smart Parking System Market Size and Forecast, by Application (2023-2030) 9. Global Smart Parking System Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Smart Parking System Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Altiux Innovations Private Limited 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Robert Bosch GmbH 10.3. Streetline 10.4. Conduent, Inc. 10.5. SKIDATA GmbH 10.6. Amano McGann 10.7. Cisco Systems, Inc. 10.8. ParkMe, Inc. 10.9. Civic Smart, Inc. (WI, U.S.) 10.10. Amco SA. (U.S.) 10.11. Meter Feeder, Inc. (Pennsylvania) 10.12. Municipal Parking Services, Inc. (Minnesota) 10.13. ParkHelp Technologies (California) 10.14. TKH Group - Park Assist (Netherlands) 10.15. Park Assist System Suppliers (Europe) 10.16. Continental AG (Germany) 10.17. Kapsch TrafficCom AG (Austria) 10.18. Intercomp S.p.A. (Italy) 10.19. Flowbird (France) 10.20. Smart Parking Ltd. (UK) 10.21. BMW AG (Germany) 10.22. INDECT Electronics & Distribution GmbH 10.23. Kapsch TrafficCom 10.24. Hikvision Digital Technology Co., Ltd. (China) 10.25. Huawei Technologies Co., Ltd. (China) 10.26. Tsinghua Unisplendid Corporation, Ltd. (China 10.27. Japan Traffic System (JTS) Co., Ltd. (Japan) 10.28. Secure Meters Pvt. Ltd. (India) 10.29. Parkable (New-Zealand) 10.30. Mindteck (India) 10.31. Aisin Seiki (Japan). 10.32. Park Assist 11. Key Findings 12. Industry Recommendations 13. Smart Parking System Market: Research Methodology 14. Terms and Glossary